Global Oleogels Market Size, Share, and COVID-19 Impact Analysis, By Source (Vegetable Oils, Animal Fats, Waxes and Polymers, Fatty Acids and Derivatives, and Others), By Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Cosmetics & Personal Care, Industrial & Lubricants and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Oleogels Market Insights Forecasts to 2033

• The Global Oleogels Market Size was estimated at USD 799.97 Million in 2023
• The Global Oleogels Market Size is Expected to Grow at a CAGR of around 6.17% from 2023 to 2033
• The Worldwide Oleogels Market Size is Expected to Reach USD 1455.40 Million by 2033
• North America is expected to Grow the fastest during the forecast period.

The Global Oleogels Market Size is expected to cross USD 1455.40 Million by 2033, growing at a CAGR of 6.17% from 2023 to 2033. Growing applications in cosmetics and nutraceuticals, improving bioactive delivery methods, developing plant-based solutions, and capitalizing on consumer trends that are health-conscious and sustainable are some of the opportunities in the oleogels market.  

Market Overview  

The industry devoted to the manufacturing and use of oleogels gel-like materials created by using gelators to structure liquid oils, is known as the "oleogels market." In food products, they are utilized as healthier substitutes for solid fats, including saturated and trans fats. Oleogels are also used in medicines, nutraceuticals, and cosmetics due to their capacity to change textures, improve stability, and encapsulate bioactive substances. Growing health consciousness, the need for fat substitutes, and advancements in food and cosmetic formulations are all driving the oleogels market's expansion. The growing need for oleogels is a result of the food and beverage, coatings, and cosmetics and personal care industries. The food and beverage industry's need for oleogels is being driven by the rising need for substitutes for trans and saturated fats. Oleogels are used in skincare products like lotions and moisturizers. The food and beverage business is growing, while oleogels are finding more uses in the personal care and pharmaceutical industries. The oleogels market boom is being driven by the increased demand for healthier fat alternatives and clean-label products.    

Report Coverage

This research report categorizes the oleogels market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the oleogels market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the oleogels market.

Driving Factors

This development is mostly attributable to consumers' growing knowledge of the negative health effects of trans fats and their consequent need for better fat substitutes. The market for oleogels is being driven by rising awareness of the health hazards linked to trans and saturated fats. Clean-label food items, sustainable solutions, and healthier fat substitutes are driving the oleogels market. Applications in medicines, food, and cosmetics, as well as advancements in texture manipulation and bioactive delivery, promote expansion. Oleogels market growth is also driven by customer desire for health-conscious products and regulatory limitations on trans fats. 

Restraining Factors

High manufacturing costs, a shortage of gelators, regulatory obstacles, and low customer acceptability because of sensory qualities are some of the issues facing the oleogels market. Issues with scalability and storage instability also restrict broad acceptance and expansion. 

Market Segmentation

The oleogels market share is classified into source and application.      

• The vegetable oils segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the source, the oleogels market is divided into vegetable oils, animal fats, waxes and polymers, fatty acids and derivatives, and others. Among these, the vegetable oils segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Vegetable oils are widely available, reasonably priced, and have a variety of uses in sectors including food, cosmetics, and medicines, which contribute to their market share.    

• The food & beverages segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the oleogels market is divided into food & beverages, pharmaceuticals & nutraceuticals, cosmetics & personal care, industrial & lubricants, and others. Among these, the food & beverages segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The increased demand for clean-label products and healthier fat substitutes in the food sector is the main driver of the food and beverage business.   

Regional Segment Analysis of the Oleogels Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is anticipated to hold the largest share of the oleogels market over the predicted timeframe.

Europe is anticipated to hold the largest share of the oleogels market over the predicted timeframe. This is attributed to its superior fat structure technology research, health-conscious customers, and supportive regulations. Strict rules on trans-fat in a variety of food items have been put in place by the European Food Safety Authority and the European Union Commission. Trans fats generated in food are limited to 2% by EU regulation (2019/649), which fuels regional demand for healthier fat substitutes.  

North America is expected to grow at the fastest CAGR growth of the oleogels market during the forecast period. This is due to strict food standards, lipid structuring technology developments, and health-conscious consumers. The demand for oleogels and other trans-fat substitutes has increased as a result of this. Oleogels are used by North American food makers to preserve appropriate textures in processed, baked, and confectionery foods while reducing harmful fat content.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the oleogels market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Amryt Pharma
• Perfat
• Maspex
• Motif FoodWorks
• Jelu-Werk
• Alchemy Ingredients
• Natural Pigments
• Langridge Colours
• Kraton Corporation
• IOI Oleochemical GmbH
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In June 2024, A cutting-edge solid fat substitute based on oleogel was reportedly launched by the Finnish start-up Perfat. This invention incorporates dietary fiber and offers 80% less saturated fat and around 30% less calories than traditional fats. This method may be used to a variety of food products due to its versatility.  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the oleogels market based on the below-mentioned segments: 

Global Oleogels Market, By Source

• Vegetable Oils
• Animal Fats
• Waxes and Polymers
• Fatty Acids
• Derivatives
• Others

Global Oleogels Market, By Application

• Food & Beverages
• Pharmaceuticals & Nutraceuticals
• Cosmetics & Personal Care
• Industrial & Lubricants
• Others

Global Oleogels Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa