The Market value (retail sales value) of Oils Industry in United States of America attained a value of USD 6,730.17 Millions in 2020
The Industry recorded a historical growth (CAGR) of 3.86% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The oil industry in the US recorded a mid-single digit YoY growth in 2020, and a mid-single digit Compound Annual Growth Rate (CAGR) between 2017-20.
The J.M. Smucker Company, Ach Food Companies Inc, Conagra Brands Inc, Pompeian Inc, and Bright Food (Group) Co Ltd held the top five leading market positions in the oil industry in the US. The top five players held a significant market share in the oil industry in the US in 2020.
Crisco, Mazola, Pompeian, Filippo Berio, and Wesson were the leading brands in the oil industry.
Oil products include all types of cooking oil, e.g., olive oil, sunflower oil, palm oil, and corn oil etc.
The J.M. Smucker Company leads the oil industry in the US
The J.M. Smucker Company was the leading company (by value) in the oil market in the US in 2020. Crisco, the largest brand (by value) selling oil items in the US, operates under the trademark of The J.M. Smucker Company.
Ach Food Companies Inc ranked second in the oil industry in the US
Ach Food Companies Inc was the second largest company (by value) in the oil market in the US in 2020. Mazola, the second largest brand (by value) selling oil items in the US, operates under the trademark of Ach Food Companies Inc.
The other leading market positions in the oil market in the US were held by Conagra Brands Inc, Pompeian Inc, and Bright Food (Group) Co Ltd
Conagra Brands Inc, Pompeian Inc, and Bright Food (Group) Co Ltd were among some of the other prominent companies in the oil market in the US, owning major brands Wesson, Pompeian, and Filippo Berio, respectively.
Market Fragmentation: The top five players accounted for more than a third of the market share in the oil industry in the US in 2020.
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