Press release
Organic Edible Oil Market Size To Reach USD 171.7 Billion at a 7.3% CAGR by 2028
Organic Edible Oil Market Analysis Overview:In a recent research report by Market Research Community, the Organic Edible Oil Market is expected to surpass USD 171.7 Million by the year 2028, from USD 95.7 Million in 2021.
Edible oil is cooking oil made from the fat of plants, animals, or microorganisms. At room temperature, edible oils are liquid and safe to consume. Types of edible oils include ghee, olive oil, mustard oil, sunflower oil, rice brown oil, and groundnut oil. Edible oils contain trace amounts of antioxidants, which prevent autoxidation. Antioxidants are also used to extend the shelf life of edible oils.
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Top Key Players of the Organic Edible Oil Market:
Cargill, Incorporated, ACH Food Companies, Inc., Bunge Limited, ADM, Adani Group, American Vegetable Oils, Inc., BORGES INTERNATIONAL GROUP, S.L., Hebany Group, NGO CHEW HONG EDIBLE OIL PTE LTD, Ragasa - Derechos Reservados, SOVENA, Sunora Foods.
The End-Use segment is divided into residential and commercial. As organic oil is lower in fat than regular oil, residential customers dominate the market. As the number of obese and diabetic patients increases, so does the consumption of low-fat foods. Consumers getting more aware about their physical health, show more interest in purchasing healthy food products. This factor is further probable to fuel the expansion of the organic edible oil market.
The market is projected to grow at a significant pace reaching a CAGR of approximately 7.3 %, over the forecast period of 2022-2028, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
Type Covered in This Report Are:
soybean oil olive oil
coconut oil and others.
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Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
By End User:
Residential
Commercial
The study is consolidated into major segments and further into sub-segments, such as by Type (Soybean Oil, Olive Oil, Coconut Oil, Others), by End-Use (Residential, Commercial), by Distribution Channel (Supermarkets/Hypermarkets, Online Retail Stores, Specialty Stores and Others), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
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The research is answerable to the following key questions:
Where can business owners locate more potential customers during the forecast period, 2022 - 2028?
How are the major vendors operating in the Organic Edible Oil Market planning to reach a potential audience in the emerging economies? Why are sales soaring in certain parts, but dismal in other regions of the world?
How much are the customers willing to pay for the products and services?
How much is the dimension of the Organic Edible Oil Market catered by the major vendors?
How often will the customers buy a product or service during the forecast period, 2022 - 2028?
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Market Research Community is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domain.
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