Insights on Iraq Edible Oils and Fats Market Scenario and Assessment of Favorable Factors Encouraging Growth during 2017 – 2024

Presently, the market for edible oils and fats has been showing a steady growth in Iraq, due to the various favorable factors. Market Research Hub (MRH) has freshly added a study titled to its vast repository, which is tilted as “Edible Oils and Fats Market - Iraq Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2024”, and provides a complete perspective on market development in terms of revenue estimations (in US$ Bn) and CAGR. Also, the study looks into vital market indicators which include drivers, restraints, and opportunities expected to influence the growth of Iraq edible oils and fats market through the year 2025. A year to year progression of the market has been offered in the report for the reader to be particularly aware of the changing scenario in this active market.

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 Report Highlights
Rising demand for high-quality edible oils has led product manufacturers to develop products that have high nutritional content and high smoking points. High-quality edible oils are rich in vitamin E, monounsaturated and polyunsaturated fat, and omega-3, therefore it is gaining momentum in the market. According to the study key evaluations, the Iraq edible oils & fats market is expected to clock a CAGR of 6.0% between 2017 and 2025.Changing lifestyle and changing eating habits are fueling demand for ready-to-eat packaged food. This is favoring the growth of Iraq edible oils & fats market. Besides, rising population leading to the increase in per capita consumption of edible oils is spiking the growth of Iraq edible oils & fats market.For the benefit of the investors and clear understanding of the market, the study offers a geographical analysis in which, the Iraq edible oils and fats market has been bifurcated into Babil, Basra, Baghdad, Dhi Qar, Al- Qadisiyyah, Diyala, Maysan, Karbala, Najaf, Muthanna, Wasit, Arbil, Kirkuk, Sulaymania, and others. Furthermore, the study provides a significant overview of the Iraq edible oils and fats market by segmenting on the basis of product type and distribution channel.

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On the basis of product type, the study covers vegetable and seed oil. Spreadable oils and fats; and cooking fats. Of these, spreadable oils and fats segment are anticipated to display a noticeable increase in its market share between 2017 and 2025. Among the key regions mentioned in the study, Baghdad is predicted to retain its dominance in the overall market through 2025. Another important segment of the report throws light on the market competitive scenario among different market players. Leading companies operating in the Iraq edible oils and fats market are Altunkaya Group of Companies, Aves A.S., Marsan Gida San Ve Tic A.S., Anadolu Group, Keskinoglu, Yildiz Holding, and Zer Group among others.

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This release was published on openPR.