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Global Market of Fats and Oils are Estimated to Bring in Roughly US$ 110,000 Mn Revenues by 2026-end – Fact.MR Report
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Consumers Inclining More toward Fats & Oils Providing Health Benefits
Preference for reducing saturated fat and fat from diet has been unrelenting among consumers over the past few years. The Generation Z and Millennial consumers are at present more inclined toward discerning fats and oils not only as permissible, but also as providing positive health benefits. These consumers are exhibiting ready acceptance of specific fats and oils that benefit their health. The food industry is simultaneously witnessing huge availability of certain plant-derived oils & its narratives, which are espousing healthfulness and naturalness thereby peeking consumer interest. Demand for pantry-friendly, simple and clean ingredients from the food industry has witnessed a significant surge, with growing consumer desire to eliminate genetically modified organisms (GMOs) in their food products, and seek organic foods. The rediscovered respect for importance of taste is a resurgent trend observed in the market.
Vendors in the market have commenced investing in best substitutes to trans-fat, in a bid to cater changing consumer demand, which in turn has proliferated production of functional and fortified food. This has further prompted vendors in developing new formulations of fats & oils. Growing development of manufacturing hubs across new markets has led to a surge in globalization of olive oil production, which is one of the latest trend being witnessed in the market. Demand for fats and oils however is being restrained on account of factors such as growing health concerns including obesity and heart-related diseases, along with rising environmental concern and stringent government regulations associated with food safety.
Competition Tracking
Key market players supporting expansion of the global fats and oils market include Cargill, Inc., International FoodStuff Company Limited, Wilmar International Limited, Archer Daniels Midland Company, Bunge Limited, United Plantations Berhad, Ajinomoto Co. Inc., and Associated British Food Plc.
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Table of Contents:
Global Economic Outlook
Global Fats & Oils Market – Executive Summary
Global Fats & Oils Market Overview
3.1. Introduction
3.1.1. Global Fats & Oils Market Taxonomy
3.1.2. Global Fats & Oils Market Definition
3.2. Global Fats & Oils Market Size (US$ Mn) and Volume and Forecast, 2012-2026
3.2.1. Global Fats & Oils Market Y-o-Y Growth
3.3. Global Fats & Oils Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Regulatory Framework
3.7. PESTLE Analysis
3.8. Porters Five Force Analysis
3.9. Key Participants Market Presence (Intensity Map) By Region
Global Fats & Oils Market Analysis and Forecast 2012-2026
4.1. Global Fats & Oils Market Size and Forecast By Product Type, 2012-2026
4.1.1. Edible vegetable oil Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Palm Oil Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Animal Fat Market Size and Forecast, 2012-2026
Continued……..
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