The average revenue per capita is forecast to experience significant growth in all segments in 2029. The trend observed from 2019 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the indicator across all segments. Notably, the Edible Oils segment achieves the highest value of 21.31 U.S. dollars at 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Oils and Fats segment covers all substances that are composed of fatty acids and used for cooking purposes or as an ingredient in many food products. These fats and oils can be obtained from plants or animals and are available in both liquid (oils) and solid (fats) form.
Structure:
The segment consists of four different subsegments:
The Butter segment covers all products that are defined as a high-fat milk product and contains a minimum of 80% fat. Its other ingredients are water, protein, and lactose.
The Margarine segment covers all products that are made of vegetable oils and contains a minimum of 80% fat.
The Edible Oils segment covers any type of oil that is extracted from plants and is used for cooking and food preparation.
The Other Oils & Fats segment covers lard and other edible animal fats.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (June 18, 2024). Average revenue per unit (ARPU) in the Oils & Fats market for different segments Worldwide from 2019 to 2029 [Graph]. In Statista. Retrieved September 21, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1444354/average-revenue-per-unit-arpu-oils-fats-market-for-different-segments-worldwide
Statista Market Insights. "Average revenue per unit (ARPU) in the Oils & Fats market for different segments Worldwide from 2019 to 2029." Chart. June 18, 2024. Statista. Accessed September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1444354/average-revenue-per-unit-arpu-oils-fats-market-for-different-segments-worldwide
Statista Market Insights. (2024). Average revenue per unit (ARPU) in the Oils & Fats market for different segments Worldwide from 2019 to 2029. Statista. Statista Inc.. Accessed: September 21, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1444354/average-revenue-per-unit-arpu-oils-fats-market-for-different-segments-worldwide
Statista Market Insights. "Average Revenue per Unit (Arpu) in The Oils & Fats Market for Different Segments Worldwide from 2019 to 2029." Statista, Statista Inc., 18 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1444354/average-revenue-per-unit-arpu-oils-fats-market-for-different-segments-worldwide
Statista Market Insights, Average revenue per unit (ARPU) in the Oils & Fats market for different segments Worldwide from 2019 to 2029 Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1444354/average-revenue-per-unit-arpu-oils-fats-market-for-different-segments-worldwide (last visited September 21, 2024)
Average revenue per unit (ARPU) in the Oils & Fats market for different segments Worldwide from 2019 to 2029 [Graph], Statista Market Insights, June 18, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1444354/average-revenue-per-unit-arpu-oils-fats-market-for-different-segments-worldwide