Fats and Oils Refining and Blending - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing shortening and margarine from purchased fats and oils; (2) refining and/or blending vegetable, oilseed, and tree nut oils from purchased oils; and (3) blending purchased animal fats with purchased vegetable fats. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Fats and Oils Refining and Blending Market Size
This report includes historical and forecasted market sizes and industry trends for Fats and Oils Refining and Blending. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Fats and Oils Refining and Blending industry.| Historical | Forecasted | ||||||||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
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| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Fats and Oils Refining and Blending industry.
Geographic Breakdown by U.S. State
Fats and Oils Refining and Blending market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Fats and Oils Refining and Blending companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Fats and Oils Refining and Blending |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Fats and Oils Refining and Blending company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Fats and Oils Refining and Blending industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Fats and oils refining and blending |
Included |
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Shortening and cooking oils |
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Baking or frying fats, 100 percent vegetable oil, edible |
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Other edible baking or frying fats, animal fat or blends |
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Hydrogenated oils, excluding baking or frying fats, edible |
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Partially hydrogenated soybean cooking or salad oil, edible |
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Other soybean cooking or salad oil, edible |
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Cottonseed cooking or salad oil, edible |
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Mixtures of vegetable cooking or salad oil, edible |
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All other fully refined and deodorized edible cooking/salad oil |
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Compensation and Salary Surveys
Salary information for employees working in the Fats and Oils Refining and Blending industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 7% | |||
| Installation, Maintenance, and Repair Occupations | 9% | |||
| Other Installation, Maintenance, and Repair Occupations | 8% | |||
| Industrial Machinery Installation, Repair, and Maintenance Workers | 6% | |||
| Production Occupations | 49% | |||
| Food Processing Workers | 17% | |||
| Miscellaneous Food Processing Workers | 16% | |||
| Food Batchmakers | 14% | |||
| Other Production Occupations | 26% | |||
| Crushing, Grinding, Polishing, Mixing, and Blending Workers | 7% | |||
| Packaging and Filling Machine Operators and Tenders | 10% | |||
| Packaging and Filling Machine Operators and Tenders | 10% | |||
| Transportation and Material Moving Occupations | 14% | |||
| Material Moving Workers | 13% | |||
| Laborers and Material Movers, Hand | 8% | |||
Government Contracts
The federal government spent an annual total of $98,131,553 on the Fats and Oils Refining and Blending industry. It has awarded 120 contracts to 22 companies, with an average value of $4,460,525 per company.Top Companies in Fats and Oils Refining and Blending and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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