Top 10 Fats and Oils Companies - 2024

Technological advancements have transformed the fats, oils, and alternative proteins sector, driving innovation and efficiency across various sectors. Precision fermentation technology uses microbial bioreactors to produce proteins and fats. By engineering metabolic pathways, companies can create specific fatty acid profiles, enhancing alternative proteins’ nutritional value and taste. Precision fermentation is particularly promising for producing high-quality oils and fats that mimic those found in animal products. Technologies like liquid chromatography and mass spectrometry are used to analyze and optimize alternative protein products’ flavor, aroma, and nutritional profile. These tools assist food scientists in creating products that replicate the taste and texture of traditional animal-based proteins, addressing a major consumer concern.

Meanwhile, advances in plant-based protein production make creating more diverse and appealing products possible. Techniques such as extrusion and texturization enhance the texture and mouthfeel of plant-based meats, making them more palatable to consumers.

The global market for alternative proteins is expected to grow from USD 15.29 billion in 2023 to USD 321.8 billion by 2032, at a CAGR of 8.2 percent from 2024 to 2030. On the other hand, the fats and oils market reached USD 232.6 billion in 2023 and is projected to grow to USD 321.8 billion by 2032, with a CAGR of 3.6 percent during this period.

In this edition of the Food Business Review, we explore recent developments in fats and oils, alternative proteins, and how companies harness cutting-edge technologies to offer top-notch services.

We feature insights from industry expert Dina Fernandez, Global R&D Director, Alternative Proteins, Archer Daniels Midland (ADM), who focuses on solving challenges in alternative protein by understanding their nature, how they work synergistically in a system, and identifying the best strategies for efficient scalability.

We also include perspectives from Jenna Kouri, Technical Business Development Manager, Nutrition, Batory Foods Inc., who highlights the potential of plant-based proteins to address various challenges, including environmental sustainability, food security, and health concerns.

In this edition featuring the Top Fats and Oils Companies and the Top Alternative Proteins Companies in 2024, we aim to help you find the right partner for your business requirements.

Oil and Fat - 2024

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IL Fiorello Olive Oil Company

IL Fiorello Olive Oil Company is a boutique premier producer of quality artisan olive oils. They produce single-varietal olive oils, which are rare in the industry, and these are made from a specific variety of olives grown at their Farm. The company generates thirteen different olive varieties, including rare French blends.

Olive oil is an ancient food that deserves a place on the modern table. It is not just a cooking ingredient, but a healthy staple for the kitchen, with multiple deep flavor characteristics. It is part of the Mediterranean diet, and it is very nutritious. We want people to use olive oil in their kitchens and enhance everything related to eating and enjoying healthy food.

Ann Sievers, Proprietor and Mark Sievers, Proprietor
...
Ag Processing

Ag Processing offers procuring, processing, marketing, and transporting oilseeds, grains, and related products. They operate multiple soybean processing plants and refineries, producing soybean meal, oil, and biodiesel.
American Dream Nut Butter

American Dream Nut Butter is a specialty company that offers a variety of handcrafted nut butter. They focus on creating highprotein, low-sugar, and low-carb options that cater to health and fitness enthusiasts.
Banner Butter

Banner Butter is a company that specializes in small-batch, handcrafted butter. They use patiently-cultured cream from hormone-free, grass-fed cows, ensuring no added flavoring.
Big Spoon Roasters

Big Spoon Roasters is known for its handcrafted nut butter and snack bars, which are made from scratch in Hillsborough, NC. Their product lineup includes a variety of nut butter like Lemon Cookie Cashew Butter, Sweet Heat Peanut Butter, and Gingerbread Crunch Almond & Pecan Butter.
Calivirgin

Calivirgin is a family-owned business known for its award-winning extra virgin olive oils and balsamic vinegars. Their products are crafted from locally sourced & sustainable ingredients.
Caro Nut Company

Caro Nut Company specializes in processing premium snacking nuts, nut butter, and ingredients for private labels, brands, and food manufacturers.
Golden Peanut

Golden Peanut is a global leader in the peanut industry and offers nutritious plant ingredients such as peanuts, peanut oils, extracts, versatile peanut flour, highperforming seeds, hulls, and fiber.
Grande Cheese Company

Grande Cheese Company specializes in crafting highquality Italian cheeses and whey products. They partner with dairy producers to ensure the highest quality milk and offer their products to independent pizzerias and restaurants.
Miyoko’s Creamery

Miyoko’s Creamery specialize in creating artisanal cheeses and butter using traditional creamery methods but with plant milk instead of animal milk.
IL Fiorello Olive Oil Company

IL Fiorello Olive Oil Company is a boutique premier producer of quality artisan olive oils. They produce single-varietal olive oils, which are rare in the industry, and these are made from a specific variety of olives grown at their Farm. The company generates thirteen different olive varieties, including rare French blends.
Olive oil is an ancient food that deserves a place on the modern table. It is not just a cooking ingredient, but a healthy staple for the kitchen, with multiple deep flavor characteristics. It is part of the Mediterranean diet, and it is very nutritious. We want people to use olive oil in their kitchens and enhance everything related to eating and enjoying healthy food.

Ann Sievers, Proprietor and Mark Sievers, Proprietor ,...
Ag Processing

Ag Processing offers procuring, processing, marketing, and transporting oilseeds, grains, and related products. They operate multiple soybean processing plants and refineries, producing soybean meal, oil, and biodiesel.
American Dream Nut Butter

American Dream Nut Butter is a specialty company that offers a variety of handcrafted nut butter. They focus on creating highprotein, low-sugar, and low-carb options that cater to health and fitness enthusiasts.
Banner Butter

Banner Butter is a company that specializes in small-batch, handcrafted butter. They use patiently-cultured cream from hormone-free, grass-fed cows, ensuring no added flavoring.
Big Spoon Roasters

Big Spoon Roasters is known for its handcrafted nut butter and snack bars, which are made from scratch in Hillsborough, NC. Their product lineup includes a variety of nut butter like Lemon Cookie Cashew Butter, Sweet Heat Peanut Butter, and Gingerbread Crunch Almond & Pecan Butter.
Calivirgin

Calivirgin is a family-owned business known for its award-winning extra virgin olive oils and balsamic vinegars. Their products are crafted from locally sourced & sustainable ingredients.
Caro Nut Company

Caro Nut Company specializes in processing premium snacking nuts, nut butter, and ingredients for private labels, brands, and food manufacturers.
Golden Peanut

Golden Peanut is a global leader in the peanut industry and offers nutritious plant ingredients such as peanuts, peanut oils, extracts, versatile peanut flour, highperforming seeds, hulls, and fiber.
Grande Cheese Company

Grande Cheese Company specializes in crafting highquality Italian cheeses and whey products. They partner with dairy producers to ensure the highest quality milk and offer their products to independent pizzerias and restaurants.
Miyoko’s Creamery

Miyoko’s Creamery specialize in creating artisanal cheeses and butter using traditional creamery methods but with plant milk instead of animal milk.