Fats & Oils Refining & Blending Industry · Market Research Report

Fats & Oils Refining & Blending · Market Size and Industry Forecast

Pell Research's fats and oils refining and blending report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Fats & Oils Refining & Blending Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020

Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The fats & oils refining & blending research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Fats & Oils Refining & Blending · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for fats & oils refining & blending companies in the U.S.

Fats & Oils Refining & Blending Revenue by State

Market Share by State

Fats & Oils Refining & Blending · Distribution by Company Size

Company Size All Industries Fats & Oils Refining & Blending
Small Business (< 5 employees)


Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Fats & Oils Refining & Blending · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue


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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Fats & Oils Refining & Blending · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Fats & Oils Refining & Blending · Product Mix

Product Description Description Revenue
($ Millions)

Fats and oils refining and blending


Shortening and cooking oils

Baking or frying fats, 100 percent vegetable oil, edible

Other edible baking or frying fats, animal fat or blends

Hydrogenated oils, excluding baking or frying fats, edible

Partially hydrogenated soybean cooking or salad oil, edible

Other soybean cooking or salad oil, edible

Cottonseed cooking or salad oil, edible

Mixtures of vegetable cooking or salad oil, edible

All other fully refined and deodorized edible cooking/salad oil

Fats & Oils Refining & Blending · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%


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%

Fats & Oils Refining & Blending · Government Contracts

In 2008, the federal government spent a total of $98,131,553 on the fats & oils refining & blending industry. It has awarded 120 contracts to 22 companies, with an average value of $4,460,525 per company.

Fats & Oils Refining & Blending and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)


Fats & Oils Refining & Blending Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $999.99

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