openPR Logo
Press release

Cooking Oil Market Report and Future Opportunity Assessment 2017-2022

09-25-2018 05:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Cooking Oil Market Report and Future Opportunity Assessment

Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to health disorders, specifically cardiovascular disorders that occur due to consumption of unhealthy cooking oils with high fat content can negatively impact the overall sales of cooking oils.

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.

Request Report Sample at https://www.factmr.com/connectus/sample?flag=S&rep_id=670

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.

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.

Report Analysis at https://www.factmr.com/report/670/cooking-oil-market

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/

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 Market Report and Future Opportunity Assessment 2017-2022 here

News-ID: 1262008 • Views: 223

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Cooking

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
United States Cooking Oil Market Report 2017
Report Hive Market Research Released a New Research Report of 95 pages on Title "United States Cooking Oil Market Report 2017" with detailed Analysis, Forecast and Strategies. Cooking oil is plant, creature, or engineered fat utilized as a part of broiling, heating, and different sorts of cooking. It is additionally utilized as a part of sustenance readiness and seasoning not including warmth, for example, plate of mixed greens dressings and
Cooking Oils and Fats: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Cooking Oils and Fats: Global Market Intelligence (2012-2021) to its growing collection of premium market research reports. The report “Cooking Oils and Fats: Global Market Intelligence ” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to
Global Cooking Equipment Sales Market Report 2017
This report studies sales (consumption) of Cooking Equipment in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering ITW Manitowoc Siemens Middleby Alto-Shaam Electrolux Fujimak
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
Cooking Light Done Right
Seattle, WA August 5th, 2011 – DigiGlyph released a new series of cookbooks title Cooking Light Done Right authored by Kristi Rimkus, a healthy cooking blogger who is certified in nutrition and wellness by The American College of Healthcare Science. Each great tasting, healthy recipe comes with easy to follow instructions that include the nutritional value of each meal. The cookbooks are available as an eBook on Kindle & Nook