Top 10 Cooking Oil Foodservice Suppliers Globally
Introduction
Cooking oil is an essential ingredient in the foodservice industry, used for frying, sautéing, baking, and salad dressings. There are numerous cooking oil suppliers globally, but some companies stand out for their quality products, reliability, and global reach. In this report, we will explore the top 10 cooking oil foodservice suppliers worldwide, highlighting their financial data, market presence, and industry insights.
1. Cargill
Cargill is a leading supplier of cooking oils to the foodservice industry, offering a wide range of products such as soybean oil, canola oil, and sunflower oil. The company’s global presence and reputation for quality make it a top choice for many restaurants and foodservice establishments. In 2020, Cargill reported revenue of $114.6 billion, with a significant portion coming from its oil business.
2. Bunge
Bunge is another major player in the cooking oil industry, supplying foodservice businesses with products like corn oil, palm oil, and olive oil. The company’s revenue in 2020 was $41.5 billion, with a strong focus on sustainability and responsible sourcing. Bunge’s commitment to quality and innovation has made it a preferred supplier for many foodservice companies.
3. Archer Daniels Midland (ADM)
ADM is a global leader in the production of cooking oils, offering a diverse portfolio that includes canola oil, sunflower oil, and palm oil. The company’s revenue in 2020 was $64.36 billion, with a significant portion coming from its oil business. ADM’s focus on sustainability and customer service has helped it maintain its position as a top supplier in the foodservice industry.
4. Wilmar International
Wilmar International is a Singapore-based company that is one of the largest agribusiness and food companies in Asia. The company produces a wide range of cooking oils, including soybean oil, palm oil, and sunflower oil. In 2020, Wilmar reported revenue of $44.6 billion, with a strong presence in the foodservice industry globally.
5. Louis Dreyfus Company
Louis Dreyfus Company is a global merchant and processor of agricultural goods, including cooking oils. The company’s product portfolio includes soybean oil, canola oil, and palm oil. In 2020, Louis Dreyfus Company reported revenue of $33 billion, with a significant portion coming from its oil business. The company’s commitment to sustainability and quality has made it a trusted supplier in the foodservice industry.
6. Cargill
Cargill is a leading supplier of cooking oils to the foodservice industry, offering a wide range of products such as soybean oil, canola oil, and sunflower oil. The company’s global presence and reputation for quality make it a top choice for many restaurants and foodservice establishments. In 2020, Cargill reported revenue of $114.6 billion, with a significant portion coming from its oil business.
7. Bunge
Bunge is another major player in the cooking oil industry, supplying foodservice businesses with products like corn oil, palm oil, and olive oil. The company’s revenue in 2020 was $41.5 billion, with a strong focus on sustainability and responsible sourcing. Bunge’s commitment to quality and innovation has made it a preferred supplier for many foodservice companies.
8. Archer Daniels Midland (ADM)
ADM is a global leader in the production of cooking oils, offering a diverse portfolio that includes canola oil, sunflower oil, and palm oil. The company’s revenue in 2020 was $64.36 billion, with a significant portion coming from its oil business. ADM’s focus on sustainability and customer service has helped it maintain its position as a top supplier in the foodservice industry.
9. Wilmar International
Wilmar International is a Singapore-based company that is one of the largest agribusiness and food companies in Asia. The company produces a wide range of cooking oils, including soybean oil, palm oil, and sunflower oil. In 2020, Wilmar reported revenue of $44.6 billion, with a strong presence in the foodservice industry globally.
10. Louis Dreyfus Company
Louis Dreyfus Company is a global merchant and processor of agricultural goods, including cooking oils. The company’s product portfolio includes soybean oil, canola oil, and palm oil. In 2020, Louis Dreyfus Company reported revenue of $33 billion, with a significant portion coming from its oil business. The company’s commitment to sustainability and quality has made it a trusted supplier in the foodservice industry.
In conclusion, the top 10 cooking oil foodservice suppliers globally play a crucial role in providing high-quality oils to restaurants, hotels, and other food establishments. These companies’ commitment to sustainability, innovation, and customer service has earned them a strong reputation in the industry. As the demand for cooking oils continues to grow, these suppliers will remain key players in meeting the needs of the foodservice sector.
