Nordic Edible Oils & Fats Market Size & Outlook, 2025-2033

Nordic Edible Oils & Fats Market Insights

As highlighted in Deep Market Insights analysis, the Nordic Edible Oils & Fats Market, worth USD 8.56 Billion in 2024, is forecasted to achieve USD 17.66 Billion by 2033.
The Nordic market is anticipated to grow at a CAGR of 8.19% during the period 2025–2033.
By 2024, Vegetable oils represented the largest share of the Product Type market size.
Animal fats is expected to remain the key growth driver within Product Type, registering the fastest CAGR during the forecast period.

In 2024, Nordic accounted for 1.79% of the global Edible Oils & Fats Market size.
By 2033, United States is expected to lead the global Edible Oils & Fats Market in terms of market size.
Within Europe, Germany is projected to dominate the regional Edible Oils & Fats Market size by 2033.
Russia is identified as the fastest-growing market in Europe, anticipated to reach USD 26.18 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 8.56 Billion
Market Size In 2033	USD 17.66 Billion
Largest segment	Vegetable oils
Units	Revenue in USD Billion
CAGR	8.19% (2025-2033)
Segmnetation Covered
Product Type	Vegetable oils Animal fats Margarine Shortening Specialty fats
Source	Palm Soybean Sunflower Canola Olive Others
End use	Household cooking Foodservice Food processing Industrial applications
Distribution channel	Retail Wholesale Online
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Vegetable oils	XX.x	XX.x	XX.x	3.54	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Animal fats	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Margarine	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Shortening	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Specialty fats	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Source	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Palm	XX.x	XX.x	XX.x	2.6	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Soybean	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Sunflower	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Canola	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Olive	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Others	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

End use	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Household cooking	XX.x	XX.x	XX.x	4	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Foodservice	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Food processing	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Industrial applications	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Retail	XX.x	XX.x	XX.x	4.61	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Wholesale	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x