The Global Natural Functional Oils and Fats Market was valued at USD 1,160 Million in 2025 and is projected to reach USD 1,847 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period (2024–2034). This robust growth is fueled by increasing global health consciousness, rising demand for clean-label and nutrient-fortified foods, and the expanding application of these ingredients across the pharmaceutical and personal care industries.

As consumers proactively seek out products supporting heart health, cognitive function, and overall well-being, the demand for scientifically-backed functional ingredients is surging. In this detailed analysis, we profile the Top 10 Companies in the Natural Functional Oils and Fats Market—a dynamic mix of global agribusiness giants, specialized ingredient suppliers, and innovative nutrition pioneers shaping the future of health-centric formulations.

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🔟 1. AAK

Headquarters: Malmö, Sweden
Key Offering: Specialty vegetable oils, cocoa butter equivalents, shea-based solutions

AAK is a leading global producer of high-value specialty oils and fats, renowned for its customer co-development approach. The company’s functional oils portfolio is tailored for various applications, including infant nutrition, bakery, confectionery, and dairy alternatives, focusing on enhancing nutritional profiles and improving product texture.

Innovation and Sustainability Initiatives:

• Pioneering plant-based solutions for dairy and meat alternatives

• Strong commitment to sustainable and traceable shea and cocoa butter supply chains

• Development of oils rich in omega-3s and other bioactive compounds

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9️⃣ 2. Cargill, Incorporated

Headquarters: Wayzata, Minnesota, USA
Key Offering: Canola oil, palm oil, coconut oil, specialty lipid systems, omega-3 solutions

Cargill is a dominant force in the global agribusiness sector, with an extensive portfolio of natural functional oils and fats. Its offerings span from basic cooking oils to sophisticated lipid systems designed for specific health benefits, such as cholesterol reduction and improved energy delivery.

Innovation and Sustainability Initiatives:

• Investment in canola and sunflower oils high in oleic acid for improved stability and health benefits

• Expansion of sustainable palm oil production and traceability programs

• Development of plant-based lipid solutions for the growing alternative protein market

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8️⃣ 3. Bunge Limited

Headquarters: St. Louis, Missouri, USA
Key Offering: Soybean oil, canola oil, specialty fats, margarines, and shortenings

Bunge is a key global player in oilseed processing and functional ingredient supply. The company provides a wide array of fats and oils that are engineered for functionality in food processing, offering solutions for trans-fat reduction, texture modification, and nutritional enhancement.

Innovation and Sustainability Initiatives:

• Focus on developing non-GMO and identity-preserved oil products

• Initiatives to improve the sustainability footprint of its soy supply chain in South America

• Product innovations targeting the health and wellness segment, including oils with added vitamins and sterols

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7️⃣ 4. Wilmar International Limited

Headquarters: Singapore
Key Offering: Palm oil, lauric oils, specialty fats, oleochemicals, and consumer-packaged oils

As one of the world’s largest palm oil producers, Wilmar has a vast integrated operations model. The company’s functional oils and fats are critical ingredients for the food manufacturing industry across Asia and globally, with a growing focus on value-added, nutrient-rich fractions.

Innovation and Sustainability Initiatives:

• Significant R&D in fractionation technology to produce specialized fat blends with specific melting points and nutritional content

• Commitment to No Deforestation, No Peat, No Exploitation (NDPE) policies in its palm oil operations

• Expansion of product lines for the burgeoning Asian health food market

Download FREE Sample Report: Natural Functional Oils and Fats Market – View in Detailed Research Report

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6️⃣ 5. ADM (Archer-Daniels-Midland Company)

Headquarters: Chicago, Illinois, USA
Key Offering: Soybean oil, canola oil, flaxseed oil, specialty lipid ingredients, and nutritional solutions

ADM is a premier global nutrition and agricultural processing company. Its extensive portfolio includes a wide range of functional oils that serve as foundational ingredients for human and animal nutrition, with a strong emphasis on science-backed health benefits.

Innovation and Sustainability Initiatives:

• Leading producer of omega-3 rich oils from both marine and plant sources (e.g., algal DHA)

• Investment in fermentation and biotechnology to produce novel lipid-based ingredients

• Focus on sustainable sourcing and carbon reduction initiatives across its supply chain

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5️⃣ 6. BASF Nutrition

Headquarters: Ludwigshafen, Germany
Key Offering: Concentrated omega-3 fatty acids (EPA/DHA), vitamins, and carotenoids for fortification

BASF’s Human Nutrition division is a major supplier of high-purity functional lipid nutrients. While not a bulk oil producer, BASF is a critical player in the high-value segment, providing essential fatty acids and fat-soluble vitamins used to fortify foods, beverages, and dietary supplements.

Innovation and Sustainability Initiatives:

• Production of omega-3s from sustainable, traceable marine sources and algae

• Development of advanced delivery systems to improve the stability and bioavailability of functional lipids

• Strong R&D pipeline focused on the link between specific lipids and health outcomes

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4️⃣ 7. DSM

Headquarters: Heerlen, Netherlands
Key Offering: Algal omega-3s (life’sDHA^®), nutritional lipids, vitamin solutions

DSM is a global science-based company active in health, nutrition, and bioscience. Its functional oils segment is renowned for its innovative, sustainable algal sources of DHA, a crucial omega-3 fatty acid for brain and eye health, serving the infant formula, supplement, and food fortification markets.

Innovation and Sustainability Initiatives:

• World-leading producer of vegetarian, sustainable DHA from microalgae, avoiding pressure on marine ecosystems

• Commitment to addressing the global nutrient gap through affordable fortification solutions

• Strategic partnerships to integrate its lipid ingredients into a wide range of consumer products

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3️⃣ 8. Oleon NV

Headquarters: Ertvelde, Belgium
Key Offering: Oleochemicals, specialty esters, fractionated oils, and bio-lubricants

Oleon, part of the Avril Group, specializes in oleochemistry, transforming natural fats and oils into high-value functional derivatives. Its products are essential in diverse industries, including food (as emulsifiers), personal care, and pharmaceuticals, where specific lipid functionalities are required.

Innovation and Sustainability Initiatives:

• Expertise in esterification and hydrogenation to create tailored lipid molecules

• Focus on green chemistry principles and bio-based product development

• Development of low-saturated and trans-fat-free solutions for the food industry

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2️⃣ 9. Benexia

Headquarters: Santiago, Chile
Key Offering: Chia seed oil, chia protein, and other chia-based ingredients

Benexia is a leading global specialist in chia ingredients, offering one of the richest plant-based sources of omega-3 Alpha-Linolenic Acid (ALA). The company provides pure chia oil and powder for direct consumption and as a functional ingredient for food, beverage, and supplement manufacturers.

Innovation and Sustainability Initiatives:

• Vertical integration from chia seed farming to value-added ingredient production

• Pioneering research on the health benefits and applications of chia oil

• Commitment to sustainable and ethical sourcing from partner farms in Latin America

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1️⃣ 10. CHS Inc.

Headquarters: Inver Grove Heights, Minnesota, USA
Key Offering: Soybean oil, sunflower oil, canola oil, and grain-based products

CHS Inc. is a leading farmer-owned cooperative and a major global agribusiness. It is a key supplier of fundamental vegetable oils in North America, providing the base materials that are often further processed into functional ingredients for a wide range of food and industrial applications.

Innovation and Sustainability Initiatives:

• Investment in refining and processing facilities to produce high-stability oils for industrial and foodservice use

• Support for sustainable agricultural practices among its member-owners

• Development of identity-preserved and certified organic oil streams to meet niche market demands

Get Full Report Here: Natural Functional Oils and Fats Market – View in Detailed Research Report

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🌍 Outlook: The Future of Natural Functional Oils and Fats Is Personalized and Sustainable

The natural functional oils and fats market is undergoing a significant transformation. While traditional bulk oils remain essential, the industry is rapidly advancing toward specialized, scientifically-validated ingredients that cater to personalized nutrition, clean labels, and stringent sustainability standards.

📈 Key Trends Shaping the Market:

• Rising demand for plant-based omega-3 (ALA, SDA) as sustainable alternatives to fish oil

• Increased incorporation of MCT (Medium-Chain Triglyceride) oils for energy and cognitive health products

• Growing consumer preference for organic, non-GMO, and identity-preserved oil ingredients

• Expansion of functional fat applications in sports nutrition, clinical nutrition, and healthy aging formulations

Get Full Report Here: Natural Functional Oils and Fats Market – View in Detailed Research Report

The companies listed above are not only supplying essential ingredients—they are driving the nutritional innovation that is reshaping global diets and promoting long-term health.