Specialty Oil Crops Market - By Crop Type, By Processing Method, By Application, By Distribution Channel - Global Forecast, 2025 - 2034

Specialty Oil Crops Market Size

The global specialty oil crops market was valued at USD 28.8 billion in 2024. The market is expected to grow from USD 32.2 billion in 2025 to USD 88.9 billion in 2034, at a CAGR of 11.9%, according to the latest report published by Global Market Insights Inc. This market growth has been driven by an increase in the demand for healthier edible oils. Additionally, the growing utilization of specialty oils in food and beverage products, and increased awareness of the health benefits of specialty oils.

Consumer preference for plant-based and functional foods are a significant driver in the specialty oil crop sector. The increasing prevalence of lifestyle diseases (cardiovascular disease, obesity, etc.) has caused consumers to look for healthier alternatives to traditional cooking oils. Specialty oils such as olive and flaxseed oils are considered premium products because they contain elevated levels of omega-3 fatty acids and omega-6 fatty acids which are supported by extensive research demonstrating improvements in heart health and anti-inflammatory benefits.
 

Additionally, the use of specialty oils in processed foods, and ready-to-eat meals is increasing owing to the trend towards clean and natural label ingredients. There is also considerable growth potential in the cosmetics and personal care sector, where specialty oils are being used in skin care, hair care, and aromatherapy products due to their emollient and therapeutic characteristics.
 

In terms of geography for the global specialty oil crops market in 2024, Asia-Pacific is the largest area due to palm and coconut oil production in countries like Indonesia, Malaysia, and the Philippines, along with growing disposable income and urbanization rates. Meanwhile, North America and Europe are also seeing growth from the growing use of specialty oils in health-oriented consumer segments as well as increasing organic-and non-GMO lines.
 

Recent developments in the market include considerable investments in methodologies of sustainable and organic farming, as well as innovations in oil extraction technologies. Companies are increasingly aware of and responsive to consumer interest in traceability and certification of oils, as well as environmentally friendly packaging. For example, cold-pressed and extra virgin specialty oils are becoming more appealing for their nutritious health benefits and lower degree of processing.
 

Looking ahead, the specialty oil crops industry will continue to expand due to increased investment into research and development activities to improve oil yield, quality, and disease resistance in plants. These methods will include biotechnology and precision agriculture in crops to promote crop productivity and address climate change and resource constraints.
 

Specialty Oil Crops Market Trends

• The specialty oil crops industry is evolving due to the adoption of new extraction and processing technologies. To facilitate oil yield, maintain nutritional value, and minimize environmental impact, extraction technologies like cold-pressing, supercritical CO₂ extraction and enzymatic extraction are being employed more frequently. Advances help customers receive higher value oils with improved taste and nutrient retention, while meeting demand for minimally processed, clean-label products.
   
• Changes in government policy and international regulations are affecting the specialty oil crops market around food safety, labeling, and sustainability standards. For examples, the European Union Farm to Fork strategy and the U.S. Department of Agriculture (USDA) organic certification program will push producers into stricter quality control mechanisms and sustainable agricultural practices. Governments in Asia are incentivizing the production of high-value oil crops through subsidies and research grants; the idea is to enhance rural incomes and reduce reliance on imports.
   
• The health advantages of specialty oils, like the high omega-3 content of flaxseed oil or the antioxidant qualities of olive oil, are becoming more widely acknowledged. But there are still gaps in consumer education, product accessibility, and affordability, particularly in emerging markets. In response, businesses are creating blended and fortified oils that address health issues, like immune or heart health. A 2024 survey found that 62% of North American consumers were interested in functional oils with extra health benefits, suggesting that there is a sizable market for innovation in this area.
   

Specialty Oil Crops Market Analysis

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Based on crop type, the market is divided into olive oil crops, coconut oil crops, sesame oil crops, flax/linseed oil crops, safflower oil crops, camelina oil crops, hemp seed oil crops, other specialty oil crops. Olive oil crops segment generated a revenue of USD 9.1 billion in 2024 and USD 25.5 billion in 2034 at a CAGR of 11.7%.
 

• With the largest market share on a consistent basis, the Olive Oil Crops category is clearly the most dominant segment of the specialty oil crops market. The main reason for this dominance is the widespread acceptance of olive oil's health advantages, which include its high concentration of monounsaturated fats, antioxidants, and anti-inflammatory substances. Health experts have supported the Mediterranean diet, which emphasizes olive oil, which has increased its acceptance and consumption across the globe.
   
•  These developments appeal to discriminating against customers looking for authenticity and exceptional flavor in addition to improving their nutritional profile. These higher-quality options can be appealing because they are associated with higher quality and better nutrition, satisfying many current consumers seeking reliable and superior flavor options, while reinforcing authenticity associated with olive oil.
   
• In terms of performance, olive oil is versatile, being used in cooking, cosmetics, and pharmaceuticals. The capacity for high heat stability, with a unique flavor contribution, provides comfort for users at home or commercial applications. The cosmetic industry also drives demand for olive oil because of its emollient function, providing opportunities for many products.
   

Based on processing method, the market is divided into cold-pressed oils, solvent extraction, supercritical CO2 extraction, enzyme-assisted extraction, other processing methods. Cold-pressed oils oil crops segment held major market share, accounted for 38% share.
 

• The Cold-Pressed Oils segment dominates the specialty oil crops market by processing method. This is due in good part to increased consumer demand for minimally processed and nutritious oils. Cold pressed oils have elevated levels of antioxidants, vitamins, and natural flavors, which are highly preferable in health-oriented specialty foods and premium foods. Clean label and a perception of purity only add to the preference of these oils based on consumer consideration.
   
• Among all key applications of cold-pressed oils are salad dressings, gourmet cooking, diet supplements, and natural cosmetics. In all these applications there is a significant focus to ensure quality ingredients and minimal processing for nutritional integrity to meet consumer expectations with claims held by the health and nutrition industry. The growing interest in plant-based diets and functional foods is adding to the demand for these products further increasing the market share and growth potential of cold pressed oils.
   

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Based on application, the specialty oil crops market is divided into food & beverages, cosmetics & personal care, pharmaceuticals & nutraceuticals, biofuels & energy, industrial applications. In 2024, food & beverages segment held major market share, accounted for 62% share.
 

• The largest application for specialty oil crops is in the Food and Beverages category, which represents the largest share of the specialty oils market due to their application in both household and commercial (or industrial) food manufacturing. The increase in customer emphasis on overall health and well-being is leading to an increase in the demand for certain oils of superior nutritional value (e.g., olive, sunflower, and flaxseed). These oils have already established themselves in home kitchens and food production along the supply chain.
   
• The concept of a "clean label", as well as increasing demand for natural, non-GMO, and organic ingredients are spurring greater use of specialty oils in processed foods and ready to eat meals. Manufacturers are reformulating ingredients to swap out traditional fats for improved oils based on these pressures and consumer trends.
   

Based on distribution channel, the specialty oil crops market is divided into hypermarkets & supermarkets, online retail, specialty stores, food service, other distribution channels. In 2024, specialty stores segment held major market share, accounted for 45% share.
 

• Within the distribution channel sector dedicated to specialty oil crops, Specialty Stores command the largest market share due to the preference of consumers for expert advice, a wider assortment of innovative products, and unique, authentic sourcing. Specialty Stores frequently feature a limited selection of premium quality, organic, and cold-pressed oils that attract health-conscious and culinary-specific consumers searching for unique or artisanal offerings.
   
• Specialty stores are singular sales channels that offer education on the health benefits and culinary uses of specialty oils. This is driving demand for use in gourmet cooking, salad dressings, and natural cosmetics. In addition, the personalized shopping experience with product sampling will ensure consumer loyalty and continue to help expand the specialty oil crop segment.
   

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North America Specialty Oil Crops Market

• In North America, the specialty oil crops sector is heavily influenced by food, health, and wellness trends, while the largest producers and consumers of high-value oils, such as canola, sunflower, and flaxseed are the U.S. The specialty oil crops market in US was valued at USD 5.8 billion in 2024, growing at a CAGR of 10.9% from 2024 to 2034. There has been dedicated support for research and development directed toward advancing oilseed crops, with an emphasis on non-GMO and organic oilseeds, by the USDA. The most recent trend is the rapid adoption of cold-press and expeller-press oils in the diet/culinary space as consumers identify these oils as healthier and more natural.
   

Europe Specialty Oil Crops Market

• In Europe, the specialty oil crops sector is heavily influenced by food safety standards for food health, food safety, and consumer perception of organic/ non-GMO - oils. Spain, Italy, and Greece dominate olive oil production with a focus on premium and extra-virgin products. Recently, the European Union's Farm to Fork Strategy has led to an increase among consumers and producers toward sustainable farming and producing methods, resulting in an increase of producers adopting organic certification and photographers adopting eco-friendly packaging. Germany and France exhibit a growing interest toward specialty oils, such as rapeseed oil and walnut oil, driven by trends towards gourmet and artisanal foods.
   

Asia Pacific Specialty Oil Crops Market

• The specialty oil crops industry is experiencing rapid growth in the Asia Pacific region, particularly in countries such as China, India, Indonesia, and Malaysia. In China, rising disposable incomes, urbanization, and increased consumption of premium edible oils, such as sesame and peanut oil, are increasing demand. In part, the government of China is promoting the consumption of premium quality edible oils by investing in improved facilities and developing certification and verification systems for food safety and quality.
   

Latin America Specialty Oil Crops Market

• In Latin America, key players in the specialty oil crop market include Brazil and Argentina, particularly with soybean and sunflower oils. The Brazilian government has led the charge for expansion of oilseed production with rural credit programs to promote oilseed cultivation and improved rural infrastructure. There is also a noticeable trend toward organic and non-GMO specialty oils, for export to Europe and the U.S. Due at least in part to ongoing investment in agritech, the specialty oil segment in Argentina has a strong export focus, and sunflower oil is growing in popularity in both domestic and international markets.
   

Middle East & Africa Specialty Oil Crops Market

• In the Middle East and Africa, specialty oil crops growth is steady, led by Morocco and Tunisia as key players in olive oil exports. Government-supported initiatives in Morocco have supported the modernization of olive production and oil extraction, leading to increased yields and improved quality. Countries in Sub-Saharan Africa, namely Nigeria and Ghana, are beginning to invest in specialty oils, such as shea and sesame, for local and export purposes.
   

Specialty Oil Crops Market Share

Top 5 companies in the market are Cargill Inc., Archer Daniels Midland (ADM), Wilmar International, Bunge Limited, Olam Agri (Olam International). Competition is fierce in the global specialty oil crops market, with the combined market share of the top five competitors exceeding 40%. These corporate giants are successful due to their ability to take advantage of wide-ranging, cost-effective supply chains, advanced processing/aroma technologies, and their established brand portfolios.
 

Price competition will always be a major source of competition, especially in commodity price-driven markets, such as palm oil and sunflower oil. There has been a significant amount of product development around cold-pressed, extra-virgin, and fortified oils to meet market demands.
 

Joint ventures and partnerships are a common management strategy, allowing corporations to increase reach and access to recent technologies. As an example, joining forces with local producers in Asia and Africa enables companies to secure raw materials and traceability more easily. Mergers and acquisitions are common in the industry, as national companies buy niche brands and use them to diversify product availability and penetrate growing markets.
 

Specialty Oil Crops Market Companies

Cargill: Cargill focuses on specialty oil crops, producing canola, sunflower, and specialty soybean oils. Cargill focuses on innovation particularly with respect to health-focused non-GMO and high-oleic oils. Cargill has made significant investments in sustainable sourcing, becoming more sustainable and traceable with digital technology created in partnerships with farmers.
 

Archer Daniels Midland Company (ADM): ADM is one of the top companies in the oil market. Its oil processing and distribution value chain includes crop oil origination. It has also developed and patented advanced oil refining technologies and has a large variety of specialty oils (including organic and expeller-pressed) and specialty oil merchandises. ADM aims to expand into less developed countries and create more tailored oil blends for food makers.
 

Wilmar International: Wilmar is the biggest manufacturer of palm and lauric oil. He is also the biggest in the world, with eco-sustainable advanced distribution, processing, and plantation systems. He is eco-sustainable certified and invests in further eco-sustainable processing. The innovation in eco-sustainable processing is the creation of specialty palm oil fractions used in the baking and candy making industries.
 

Bunge Limited: Bunge Limited takes time and care on its specialty oils, especially high-value oils like sunflower, canola, and extra virgin olive oil. They fully utilize their international logistics for on-time delivery and quality checks. Bunge is adding certified organic and non-GMO oils to their inventory to cater to the premium and health-conscious clientele.
 

Olam International: Olam International serves the market on specialty oils like sesame and shea oils and has built strong abilities on the African and Asian continents. They focus on sustainable and community-friendly oil production and adding greater market value to the oil. Facing the needs of the market, Olam takes every business risk and invests his money in ample supply chains and product traceability.
 

Specialty Oil Crops Industry News

• In May 2024, Olam International opened a specialty sesame oil processing facility in Nigeria to open the African value-added oils market.
   
• In April 2024, Bunge Limited launched a joint venture with a leading agribusiness in South America for oils developed for the food processing industry to successfully grow its product offerings.
   
• In February 2024, Wilmar International received RSPO certification for two more palm oil mills in Indonesia to become more committed to sustainability in palm oil production.
   
• In January 2024, Cargill revealed plans to expand its specialty canola oil processing facility in Canada to respond to the growing interest in non-GMO and high-oleic oils meant for North American consumers.
   

The specialty oil crops market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) & volume (Tons) from 2021 to 2034, for the following segments:

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Market, By Crop Type

• Olive oil crops
• Coconut oil crops
• Sesame oil crops
• Flax/linseed oil crops
• Safflower oil crops
• Camelina oil crops
• Hemp seed oil crops
• Other specialty oil crops

Market, By Processing Method

• Cold-pressed oils
• Solvent extraction
• Supercritical co2 extraction
• Enzyme-assisted extraction
• Other processing methods

Market, By Application

• Food & beverages
  • Culinary oils
  • Functional foods & nutraceuticals
  • Bakery & confectionery
  • Salad dressings & sauces
• Cosmetics & personal care
  • Skincare applications
  • Hair care applications
  • Premium beauty products
• Pharmaceuticals & nutraceuticals
  • Drug delivery systems
  • Dietary supplements
  • Therapeutic applications
• Biofuels & energy
  • Sustainable aviation fuel
  • Biodiesel applications
• Industrial applications
  • Oleochemicals
  • Lubricants & coatings
  • Other industrial uses

Market, By Distribution Channel

• Hypermarkets & supermarkets
• Online retail
• Specialty stores
  • Health food stores
  • Gourmet & premium outlets
• Food service
  • Restaurant & hotel chains
  • Institutional sales
• Other distribution channels
  • Farmers markets
  • Direct sales

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America 
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East and Africa