| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2024 U.S. Industry Statistics & Market Forecast - Fats and Oils Refining and Blending
Market Size & Industry Statistics
The total U.S. industry market size for Fats and Oils Refining and Blending:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Fats and Oils Refining and Blending industry include:- Increasing consumer preference for healthy and trans-fat-free oils
- Growing demand for biodiesel leading to use of vegetable oils in fuel
- Technological advancements in refining processes
- Stringent regulatory standards for food safety
- Shift towards sustainable and non-GMO products
- Globalization and expansion of supply chains
- Fluctuating raw material costs due to agricultural variability
- Increased competition from synthetic and alternative fats
- Impact of climate change on crop yields
- Consumer awareness about environmentally friendly and ethical sourcing practices
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Fats and Oils Refining and Blending company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Fats and Oils Refining and Blending industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Fats and Oils Refining and Blending measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
|
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Office and Administrative Support Occupations | 7% | |||
| Installation, Maintenance, and Repair Occupations | 9% | |||
| Other Installation, Maintenance, and Repair Occupations | 8% | |||
| Production Occupations | 46% | |||
| Food Processing Workers | 9% | |||
| Miscellaneous Food Processing Workers | 9% | |||
| Food Batchmakers | 7% | |||
| Other Production Occupations | 30% | |||
| Crushing, Grinding, Polishing, Mixing, and Blending Workers | 7% | |||
| Packaging and Filling Machine Operators and Tenders | 11% | |||
| Packaging and Filling Machine Operators and Tenders | 11% | |||
| Transportation and Material Moving Occupations | 14% | |||
| Material Moving Workers | 13% | |||
| Laborers and Material Movers | 7% | |||
Fats and Oils Refining and Blending Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Fats and Oils Refining and Blending industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Fats and Oils Refining and Blending industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Fats and Oils Refining and Blending industry. |
Source:
Innovation News
- Nov 15, 2023: Cibaria International trademarks "BARREL AGED BALSAMIC VINEGAR" - Balsamic vinegar; Flavored balsamic vinegar
- Nov 15, 2023: Cibaria International trademarks "25 STAR BALSAMIC VINEGAR" - (Based on Use in Commerce) Balsamic vinegar(Based on Intent to Use) Flavored balsamic vinegar
- Jun 14, 2023: Skinny trademarks "LOVEOLOGY" - Cosmetics; Baby lotion; Baby oils; Coconut oil for cosmetic purposes; Cosmetics and cosmetic preparations; Face and body lotions; Hair care preparations; Lip balm; Baby hand soap; Baby shampoo; Bath soaps; Bath soaps in liquid, solid or gel form; Hair shampoos and conditioners; Non-medicated hand soaps; Non-medicated lip care preparations; Non-medicated lip protectors; Non-medicated skin care preparations; Non-medicated sun care preparations
- Feb 27, 2020: Terviva Bioenergy patents Pongamia Varieties
- Feb 27, 2020: Terviva Bioenergy patents Pongamia Varieties
- Feb 27, 2020: Terviva Bioenergy patents Pongamia Tree Named 'k207'
Recent Federal Contracts for Fats and Oils Refining and Blending
- Apr 02, 2024: HEARTLAND GOODWILL ENTERPRISES (Cedar Rapids, IA) awarded $1,275,476
- Apr 02, 2024: INCOBRASA INDUSTRIES LTD (Gilman, IL) awarded $133,377
- Apr 02, 2024: STRATAS FOODS LLC (Cordova, TN) awarded $2,486,752
- Mar 25, 2024: SHAVER FOODS LLC (Fayetteville, AR) awarded $37,575
- Mar 21, 2024: CHURCHFIELD TRADING CO (Santa Ynez, CA) awarded $11,161
- Mar 18, 2024: METROPOLITAN FOODS, INC. (Wayne, NJ) awarded $64,840
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.