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Margarine & Cooking Oil Processing in New Brunswick

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NB31122CA

Margarine & Cooking Oil Processing in New Brunswick industry analysis

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

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About the Margarine & Cooking Oil Processing in New Brunswick Market Research Report

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

Definition of the Margarine & Cooking Oil Processing in New Brunswick?

Operators in the Margarine and Cooking Oil Processing industry in Canada produce cooking oil, shortening and margarine. Activities include wet-milling corn and vegetables, crushing oilseeds and tree nuts, refining and blending cooking oils and blending purchased animal fats with vegetable fats.

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

The Margarine & Cooking Oil Processing in New Brunswick includes margarine manufacturing, vegetable oil, meal or cake manufacturing, edible oils or fats blending and manufacturing, deodorized vegetable oil manufacturing, starch manufacturing, refined tallow manufacturing and refined lard manufacturing. Related terms covered in the Margarine & Cooking Oil Processing in New Brunswick industry report includes a manmade, 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 (owning downstream buyers) or backward integration (owning upstream suppliers) 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 New Brunswick

Benchmark the Margarine & Cooking Oil Processing in New Brunswick industry performance with all NB Census Metropolitan Area and national performance.

Margarine & Cooking Oil Processing in New Brunswick

#7 in Highest Revenue 4.4% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth ()

Margarine & Cooking Oil Processing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

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

Key Drivers of the Margarine & Cooking Oil Processing industry in New Brunswick

See how key industry drivers, such as median houshold income, gross domestic product, private investment in non-residential construction, world price of soybeans, consumer spending and us gross domestic product (gdp) are impacting Margarine & Cooking Oil Processing in New Brunswick

New Brunswick Economic Indicators

Median Houshold Income
Gross Domestic Product
Private Investment in Non-Residential Construction

View more economic information in NB State Economic profile

Canada Key External Drivers

World price of soybeans
Consumer spending
US Gross domestic product (GDP)

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

Census Metropolitan Area Data of the Margarine & Cooking Oil Processing industry in New Brunswick

Access proprietary data on Census Metropolitan Area in the Margarine & Cooking Oil Processing in New Brunswick, such as Fredericton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Margarine & Cooking Oil Processing industry in New Brunswick

Download 17 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 New Brunswick in 2025?

The market size of the Margarine & Cooking Oil Processing industry in New Brunswick is $705.3m in 2025.

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

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

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

The market size of the Margarine & Cooking Oil Processing industry in New Brunswick has been growing at an average annual rate of 6.1% from 2020 to 2025.

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

There are 194 employees in the Margarine & Cooking Oil Processing industry in New Brunswick, which has been growing at an average annual rate of 4.5% from 2020 to 2025.