openPR Logo
Press release

Cooking Oil Market: Soaring Demand Assures Motivated Revenue Share during 2017-2026 | Key Players are Archer Daniels Midland Company, Bunge Limited, Richardson Oilseed Limited, Carapelli Firenze S.p.A., etc.

11-05-2018 11:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Cooking Oil Market: Soaring Demand Assures Motivated Revenue

In order to study the various trends and patterns prevailing in the concerned global market, Fact.MR has included the latest Forecast report on Cooking Oil Market to its vast database. This study offers statistics about the prime regions and applications operating in the Cooking Oil Market, along with their market production, consumption, revenue, upcoming industry trends and future market share details. Further, the accomplished report also anticipates that the concerned market would grow at a constructive CAGR until 2026.

You can Get Free Sample Report of Cooking Oil Market Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=670

With increasing awareness regarding various lifestyle diseases such as diabetes, high cholesterol and obesity, health and fitness has gained high focus among individuals. They are becoming more aware regarding use of appropriate quantity of cooking oils. With this fact in focus, manufacturers have been producing cooking oils with high nutrient value and less fatty matter. Increasing incidences of cardiovascular diseases across the globe has prompted individuals to consume health cooking oils. For example, in United States, around 610,000 people die owing to heart disorders every year (According to American Health Association). Ever since, scientists have researched upon best cooking oils for consumption. This is likely to impact the growth of the cooking oil market during the assessment period.

According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with the consumption of various vegetable oils such as olive oil, coconut oil and canola oil is expected to influence the sales of cooking oils. Manufacturers of cooking oils have introduced new brands that are rich in nutrient value thus promoting health. For example, Avnash Industries Ghana Ltd., has introduced Lafia cooking oil that is rich in nutrients and is a refined form of palm oil fortified with Vitamin A. Other key participants profiled in this research report include Archer Daniels Midland Company, American Vegetable Oils, Inc., Cargill Incorporated and Sime Darby Sdn Berhad.

Asia Pacific Excluding Japan to Witness Increased Consumption and Demand for Cooking Oils

Sale of cooking oil across various regions in the globe has been significantly increasing since the past several years. However, emerging economies in the Asia Pacific excluding Japan (APEJ) region are expected to largely contribute to the growth of the cooking oil market. This is mainly driven by increasing population growth across countries in Asia Pacific excluding Japan (APEJ), especially China and India that are highly populated (Chinese population in 2017 was 1,409,517,397 and has touched 1,415,045,928 in the first four months of 2018 and is still growing).

You can Browse Complete Cooking Oil Market Report In-Depth Here - https://www.factmr.com/report/670/cooking-oil-market

Moreover, governments in these regions are supporting the development of healthy cooking oils, considering the increasing health disorders and chronic diseases. In China, rates of chronic diseases is on the higher side with high expenses on medications. Consequently, cooking oil manufacturing companies in China started introducing new healthy cooking oils that DHA (docosahexaenoic acid) algal oil in order to prevent or reduce heart diseases and other health issues. With growing domestic demand for cooking oils in the APEJ region, the sales of cooking oil in this region is expected to grow exponentially to reach a significant value by the end of the year of assessment. APEJ is expected to reflect high market attractiveness for cooking oils during the assessment period.

Moreover, another factor contributing to the increasing sales of cooking oils is the channel of distribution preferred by manufactures. Apart from convenience stores, or supermarkets and hypermarkets, distributors of cooking oil are using online sales channel to enhance their reach consequently improving the sales of cooking oils. Additionally, using online sales channel also offers additional benefits apart from cooking oil delivery at homes. People can avail lucrative discounts and promotional offers on various cooking oil brands. This has accelerated the growth in sales of cooking oils across regions.

Now Buy Cooking Oil Market Report from Here - 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 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/
Blog: https://factmrblog.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 Market: Soaring Demand Assures Motivated Revenue Share during 2017-2026 | Key Players are Archer Daniels Midland Company, Bunge Limited, Richardson Oilseed Limited, Carapelli Firenze S.p.A., etc. here

News-ID: 1351708 • Views:

More Releases from Fact.MR

Cloud Computing Market to Grow at 15% CAGR from 2022-2032
Cloud Computing Market to Grow at 15% CAGR from 2022-2032
The global cloud computing market is expected to be worth $1,949 billion by 2032, with a compound annual growth rate (CAGR) of 15% between 2022 and 2032. This trend is being driven by the fast digitalization of workplaces and the growing demand for Software as a Service (SaaS) solutions, which are extending the industry's prospects. The global rise of the cloud computing industry is being driven by the growing adoption of
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
03-28-2024 | Food & Beverage
Fact.MR
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
The global instant coffee market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 5% between 2023 and 2033. According to Fact.MR, a prominent provider of market research and competitive information, global demand for instant coffee is predicted to increase, reaching US$ 69.2 billion by the end of 2033. Instant coffee is a quick and practical alternative, requiring just the addition of an instant coffee sachet to
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2032
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2 …
The barcode software market is predicted to grow at a moderate CAGR of 6.3% over the forecast period of 2022 to 2032. The barcode software market is estimated to achieve a net worth of about US$ 1.4 Billion in the year 2032, improving from US$ 694.9 Million recorded in 2021. For more insights into the Market, Get A Sample of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=7368 The barcode software market emerges as a crucial enabler of

All 5 Releases


More Releases for Oil

Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
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
Specialty Fats and Oils Market (Product Type - Specialty Oils (Corn Oil, Sun Flo …
The global Specialty fats and Oils Market expected to reach a value of US$ 142.1 Bn by 2026. The market projected to grow at a CAGR of 6.6 % in terms of revenue during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). The product manufactured may vary according to the end use application of processing by specialty fats and oils.
Europe Mosquito Repellent Candles Market by Raw Material Type : Citronella Oil, …
Albany, New York, July 17, 2017 : Recent research and the current scenario as well as future market potential of "Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally. Mosquito repellent candles are having huge untapped potential for growth. In contrast to the other categories of mosquito repellent products that are available in the market such as mosquito creams, liquids, coils, and