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Margarine & Cooking Oil Processing in Virginia

Author.Name IBISWorld United States Last Updated: August 2025 NAICS VA31122

Margarine & Cooking Oil Processing in Virginia industry analysis

The Margarine & Cooking Oil Processing industry in Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Margarine & Cooking Oil Processing in Virginia Market Research Report

What’s Included in the Margarine & Cooking Oil Processing in Virginia Market Research Report

Definition of the Margarine & Cooking Oil Processing in Virginia?

Operators in this industry produce vegetable oil, shortening and margarine. Activities include wet milling corn and vegetables, crushing oilseeds and tree nuts, refining and blending vegetable oils and blending purchased animal fats with vegetable fats. The industry also includes starch production.

What’s included in the Margarine & Cooking Oil Processing in Virginia?

The Margarine & Cooking Oil Processing in Virginia includes starch manufacturing, deodorized vegetable oil manufacturing, edible oils or fats blending and manufacturing, refined lard manufacturing, margarine manufacturing, refined tallow manufacturing and vegetable oil, meal or cake manufacturing. Related terms covered in the Margarine & Cooking Oil Processing in Virginia industry report includes a preventative approach to food safety, a man-made, unsaturated fat that is created by partial hydrogenation. this type of fat is associated with an elevated risk of coronary heart disease, owning different parts of the supply chain, either in the form of forward integration, known as owning upstream suppliers, or backward integration, known as owning downstream buyers and sweet syrup derived via an enzymatic process to convert its naturally occurring glucose into fructose.

Industry Performance of the Margarine & Cooking Oil Processing industry in Virginia

Benchmark the Margarine & Cooking Oil Processing in Virginia industry performance with all VA county and national performance.

Margarine & Cooking Oil Processing in Virginia

#22 in Highest Revenue 0.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Margarine & Cooking Oil Processing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Margarine & Cooking Oil Processing industry in Virginia

See how key industry drivers, such as median houshold income, new business formation, per capita disposable income, price of oilseeds, world price of soybeans and demand from grocery wholesaling are impacting Margarine & Cooking Oil Processing in Virginia

Virginia Economic Indicators

Median Houshold Income
New Business Formation
Per Capita Disposable Income

View more economic information in VA State Economic profile

US Key External Drivers

Price of oilseeds
World price of soybeans
Demand from grocery wholesaling

For the full list of industry drivers, see report purchase options.

County Data of the Margarine & Cooking Oil Processing industry in Virginia

Access proprietary data on county in the Margarine & Cooking Oil Processing in Virginia, such as Henrico County, Chesapeake City and Prince George County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Margarine & Cooking Oil Processing industry in Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Margarine & Cooking Oil Processing industry in Virginia in 2025?

The market size of the Margarine & Cooking Oil Processing industry in Virginia is $521.0m in 2025.

How many businesses are there in the Margarine & Cooking Oil Processing industry in Virginia in 2025?

There are 4 businesses in the Margarine & Cooking Oil Processing industry in Virginia, which has been declining at an average annual rate of -4.4% from 2020 to 2025.

Has the Margarine & Cooking Oil Processing industry in Virginia grown or declined over the past 5 years?

The market size of the Margarine & Cooking Oil Processing industry in Virginia has been declining at an average annual rate of -2.1% from 2020 to 2025.

How many employees in the Margarine & Cooking Oil Processing industry in Virginia in 2025?

There are 185 employees in the Margarine & Cooking Oil Processing industry in Virginia, which has been declining at an average annual rate of -1.1% from 2020 to 2025.