Press release
Global Fats and Oil Market 2019 Growth Will Escalate Rapidly 2026 by Global Top Brands
Global Fats and Oil Market- Industry Trends and Forecast to 2024
The global fats & oil market is expected to reach USD 294.35 billion by 2025, from USD 208.58 billion in 2017 growing at a CAGR of 4.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Competitors/Players: Global Fats and Oil Market
Some of the major players operating in the global fats & oil market are Associated British Foods PLC (ABF), Archer Daniels Midland Company, Bunge Limited, Wilmar International Ltd, AFOA, Inc., AAK KAMANI PRIVATE LIMITED, KANTA ENTERPRISES PVT. LTD., Aksu Vital Natural Products and Cosmetics, REFINERY29, Cargill, Incorporated, Conagra Foods, Inc., SHALIMAR CHEMICAL WORKS PRIVATE LTD., IFFCO, Unilever, United Plantations Berhad and Ajinomoto Co., Inc., Ajinomoto Co.,Inc., Conagra Foods Inc., Fuji Oil, Richardson Oilseed Ltd and FEDIOL, among others.
Global Fats and Oil Market research report comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2018 – 2025. The report also encompasses market overview, premium insights, key insights and company profiles in detail of the key market players. Transparent, reliable and extensive market information of this Global Fats and Oil Market report will definitely develop your business and improve your return on investment (ROI). Market drivers and market restraints are thoroughly studied here along with the analysis of the market structure.
Global Fats and Oil Market, By Product Type (Oil Type (Palm Oil, Soybean Oil, Rapeseed Oil, Others), By Fat Type (Butter, Shortenings & Margarine, Lard, Tallow, Others)}, By Application (Food Uses, Industrial Uses, Animal feed, Pharmaceutical), By Form (Solid, Liquid), By Source, By Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)- Industry Trends and Forecast to 2025
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.
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Market Definition: Global Fats and Oil Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the global fats & oil market in the next 8 years. Fats & oils are the organic substances which are a crucial part of the diet and also have various applications in many industries. Generally, fats are in solid and oils are in liquid form at room temperature owing to chemical properties, which includes quantity of saturation present in the ester. The process of obtaining oils is carried out in such a way that it will produce a highest grade of edible oil. Dietary fats are important for cell growth and also for the protection of body organs. Moreover, dietary fats are important in the production of hormones and regulation of vitamins in the body. Thus, the dietary fats are categorized as various groups which includes saturated, monounsaturated, trans, and polyunsaturated with different effect on cholesterol level. Inedible oils are suitable for manufacturing soaps and other industrial purposes. Inedible oils have high demand in the transport sector for the development of alternative biodiesel fuels for automobiles. Palm, coconut, rapeseed, and corn oils are extensively used in the production of soaps via saponification process.
In September 2016, Bunge Agribusiness Singapore Pt Ltd., a wholly owned subsidiary of Bunge Ltd., and Oleo-Fats, Inc. (OFI), a wholly owned subsidiary of D&L Industries, have entered into distribution agreements for the food service, retail, and food processing industries in the Asia-Pacific region.
In December 2017, Cargill has introduced the lowest saturated fat, high oleic canola oil globally The oil is made from a canola hybrid congaing 4.5 percent or less saturated fat maintaining high fry and shelf life performance, freshness and taste. It reduces saturated fat content up to 35 percent from previous canola oil products.
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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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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