Press release
Cooking Oil to Witness Growing Demand in Emerging Economies of Asia Pacific Excluding Japan (APEJ) Region during the Assessment Period
Fact.MR
Get A Free Sample Copy of Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=670
The global cooking oil market is expected to witness steady growth during the forecast period. This growth is defined by the growing use of cooking oils across regions coupled with demand for healthy oils with high nutritional content. For example, coconut oil is expected to gain higher recognition as it increases good cholesterol level and works well under high temperatures. Fact.MR analysis reveals that the global cooking oil market is projected to expand at a volume CAGR of 5.1% throughout the period of forecast, 2017-2026. Also, the sale of cooking oil is estimated to surpass US$ 342 Bn by the end of the year of assessment (2026). Key manufacturers profiled in this research report include Cargill Incorporated, Archer Daniels Midland Company, Associated British Foods (Ach) and American Vegetable Oils, Inc.
Fast paced lifestyle and changing dietary habits of customers across regions in the globe have led to increasing demand for ready to cook and easy to cook food products. These food products are convenient to cook, eat and carry owing to which consumers are largely preferring these such packaged food products. Cooking oil being an essential element in preparing ready to cook foods, the demand for cooking oils is expected to grow at a significant rate during the period of forecast.
Key Highlights on the Global Cooking Oil Market
With respect to region, Asia Pacific excluding Japan (APEJ) is expected to showcase higher growth potential as compared to other regions. Moreover, the sale of cooking oil in this region is expected to increase at a higher rate during the period of assessment. The sale of cooking oil in APEJ region is largely driven by heavily populated countries such as India and China. In China, according to WHO, the rate of chronic diseases has risen since past years owing to lifestyle changes and other causes such as excessive smoking and consumption of alcohol. This has led to development of cooking oils that are high in nutritional value and promote health by increasing the good cholesterol content. For example, the demand for coconut oil in this region is expected to rise at a significant rate as it assists in fat burning to a large extent. In addition, the growing rate of population in countries of India and China is expected to spur the sales volume of cooking oils in this region, thus contributing to the growth of the global cooking oil market.
Demand for olive oil is expected to grow across regions during the forecast period owing to the health benefits associated with the product. For instance, olive oil is a rich source of antioxidants such as polyphenols that promote heart health. According to The New England Journal of Medicine, they are typically used in Mediterranean diet that has been followed across regions in order to reduce heart strokes and death related to heart disorders. With respect to category, refined cooking oils have gained steady demand and are witnessing higher consumption as compared to other forms of cooking oils. Refined oils promote growth of good cholesterol that helps in fighting cardiovascular disorders and reduce the bad fat content in the body. Various refined cooking oils such as coconut oil, olive oil, canola oil and extra virgin olive oil, to name a few, are gaining high preference in daily cooking activities.
Browse Full Report with TOC@ https://www.factmr.com/report/670/cooking-oil-market
Conventional cooking oil segment by nature is expected to witness significant demand. The sale of conventional cooking oil is expected to increase during the forecast period. These oils have high smoke point and are available in various flavors. Moreover, they are a much preferred choice in restaurants. With respect to sales channel, hypermarkets and supermarkets are expected to largely contribute to the growth of cooking oil market. The sale of cooking oil in hypermarkets and supermarkets is relatively higher. This fact can be supported with increasing number of hypermarkets and supermarkets across reigns. In addition, consumers prefer first personal look while procuring food products and also look for varieties. These options are available in hypermarkets and supermarkets on a large scale, thus driving their growth. The hypermarkets and supermarkets segment is expected to lead the global cooking oil market during the period of assessment.
Place a Direct Order Of this Report@ https://www.factmr.com/checkout/670/S
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cooking Oil to Witness Growing Demand in Emerging Economies of Asia Pacific Excluding Japan (APEJ) Region during the Assessment Period here
News-ID: 1033548 • Views: …
More Releases from Fact.MR
Agricultural Film Market is forecasted to reach US$ 21 billion with 5.9% CAGR by …
Fact.MR, a market research and competitive intelligence service, states that historically, the use of Agricultural Films grew at a 3.5% CAGR from 2016 to 2020, with the United States, China, India, and Japan holding a sizable portion of the global market. by 2021, the greenhouse film industry is expected to have grown to a valuation of over US$ 10 billion, largely due to price increases in agricultural films.
For More Insights…
Medical Equipment Rental Market is projected to expand at a CAGR of 5.5% to reac …
The latest industry analysis from Fact.MR, a company that offers competitive intelligence and market research, projects that the global Medical Equipment Rental Market will grow at a 5.5% CAGR and reach US$ 98 billion in size by the end of 2033.
The industry that deals with the short-term rental or lease of medical equipment to healthcare facilities, organizations, and individuals is known as the "medical equipment rental market." The goal of…
Craft Beer Market is forecasted to reach a value of US$ 174.68 Billion by 2032
The worldwide craft beer market was expected to be worth $76.3 billion in 2020 and $81.64 billion in 2021. The market will grow at a steady CAGR of 6.9% between 2022 and 2032. By the end of 2032, this market is predicted to have a global valuation of US$174.68 billion.
The surge in demand for more beer styles coupled with increase in per capita income among the target customers has triggered…
Window Blinds Market Forecasted to Achieve US$ 4.69 Billion by 2034
The global window blinds market is expected to reach $2.99 billion in 2024, growing at a 5.8% CAGR to $4.69 billion by the end of 2034.
Window blinds are adjustable window coverings made of slats or vanes, allowing for versatile control over light and privacy. They come in various materials, including wood, metal, or plastic, and can be easily adjusted to regulate sunlight and maintain privacy. Unlike heavy curtains, blinds are…
More Releases for Cooking
Health Benefits Provided by Low Calorie Cooking Oil is Expected to Increase Low …
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Low Calorie Cooking Oil Market, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies. SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at…
Household Cooking Appliances Market to Witness Growing Popularity of Cooktops & …
The importance of household cooking appliances, in recent years, has expanded globally. Manufacturers have substantially shifted their attention in taking special care to help customers purchase household cooking appliances which can allow for more space in the kitchen so that customers can add appliances without doing a big remodeling job. As such, this socio-technological revolution has transitioned the domestic ways of dealing with cooking appliances. These aforementioned snippets are according…
Household Cooking Appliances Market to Witness Growing Popularity of Cooktops & …
The importance of household cooking appliances, in recent years, has expanded globally. Manufacturers have substantially shifted their attention in taking special care to help customers purchase household cooking appliances which can allow for more space in the kitchen so that customers can add appliances without doing a big remodeling job. As such, this socio-technological revolution has transitioned the domestic ways of dealing with cooking appliances. These aforementioned snippets are according…
Commercial Cooking Equipment Market - Competition Intelligence
The Commercial Cooking Equipment Market Competition Intelligence report provide an in-depth insight pertaining to the latest strategic developments in this arena.
The business oriented cooking equipment market possess observed great uptake over the past several years, together with the element serves up great enterprises for the market participants this is why attaining increasing amount of market share. A number of companies surely have aimed at which launched more recent, revolutionary energy…
Large Cooking Appliances in South Africa
Gas large cooking appliances continued to gain traction in 2016; this trend was more prevalent in cookers in relation to ovens. Demand for gas alternatives has become increasingly appealing to South Africans, particularly due to the spiralling energy crises facing the country. Gas ovens have continued to be relatively niche however as these products tend to be more expensive compared to electric formats.
Publisher's Large Cooking Appliances in South Africa report…
What’s Cooking at Farrell Building Company?
Bridgehampton, NY -- Farrell Building Company, which has a long history of supporting local Hamptons causes, will once again be a presenting and platinum sponsor of three events benefiting East End charities as part of the Dan’s Papers “Taste of Summer” event series. This year, for the first time, Farrell will also be sponsoring Dan’s Papers’ new event, ClambakeMTK at Gurney’s Montauk.
At GrillHampton and Taste of Two Forks, Farrell will…
