Press release
Global Fats and Oil Market Report 2018 Major Companies Are Associated British Foods PLC, Archer Daniels Midland Company, Bunge Limited, Wilmar International Limited, Cargill, International Foodstuff Company Holdings Limited, Unilever PLC, United Plantatio
Global Fats and Oil Market- Industry Trends and Forecast to 2024
Global Fats and Oil Market By Type (Vegetable Oil, Fats), By Form (Liquid, Solid), By Source (Vegetable, Animal), By Application (Food, Industrial), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Fats and Oils Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fats and oils market for global, Europe, North America, Asia Pacific and South America.
The Fats and Oils Market accounted to 16.32 million metric tons in 2016 growing at a CAGR of 4.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition:
Fats and oils are commonly used as an ingredient in food & beverages, oleo chemicals and animal feed. The rising demand of biodiesel has resulted in increased consumption of fats.
Major market drivers and restraints:
Rising demand of edible oil/cooking oil
Increased consumption of bakery & confectionery products
Growth in the biodiesel market
Health concerns related to excessive consumption of fats & oils
Regulatory framework
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Top Competitors:
Some of the major players operating in fats and oils market are:-
Associated British Foods PLC,
Archer Daniels Midland Company,
Bunge Limited,
Wilmar International Limited,
Cargill,
International Foodstuff Company Holdings Limited,
Unilever PLC,
United Plantations Berhad,
Ajinomoto Co., Inc.
Conagra Foods Inc.,
Fuji Oil,
Richardson Oilseed Ltd,
Adams Group,
Omani Vegetable Oils & Derivatives Co.,
Aak Kamani Private Limited,
among others.
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Key Questions Answered in Global Fats and Oil Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Fats and Oil Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Fats and Oil Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Fats and Oil Market?
What are Opportunities, Risk and Driving Force of Global Fats and Oil Market?
What are the opportunities and threats faced by the vendors in Global Fats and Oil Market?
What are the Global Fats and Oil Market opportunities, market risk and market overview of the Market?
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