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

Singapore Edible Oils & Fats Market Insights

Based on Deep Market Insights findings, the Singapore Edible Oils & Fats Market reached USD 2.08 Billion in 2024 and is estimated to attain USD 3.99 Billion by 2033.
From 2025 to 2033, the Singapore market is expected to grow at a steady CAGR of 7.49%.
Within the Product Type category, Vegetable oils dominated in 2024 in terms of market size contribution.
Over the forecast period, Margarine is forecasted to deliver the fastest growth, positioning it as the most lucrative Product Type segment.

In 2024, Singapore represented 0.43% of the overall global Edible Oils & Fats Market size.
United States is projected to lead the global Edible Oils & Fats Market size by 2033.
Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
South East Asia is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 20.55 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 2.08 Billion
Market Size In 2033	USD 3.99 Billion
Largest segment	Vegetable oils
Units	Revenue in USD Billion
CAGR	7.49% (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	0.83	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	0.63	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	0.85	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	1.04	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