partially hydrogenated oils market Shares, Strategies, and Forecasts, Worldwide, 2023 to 2030

Market Overview:
Partially Hydrogenated Oils Market size was valued at US$ YY million in 2023 and is estimated to reach US$ YY million by 2030, growing at a high CAGR during the forecast period (2023-2030).
Partially hydrogenated oils are manufactured by reacting vegetable oil or other fats with hydrogen in the presence of a catalyst. During the reaction, the carbon double bonds are dismantled, forming a solid fat that increases the melting point of the ingredient. It results in incomplete hydrogenation, which partially converts the oil to trans isomers, leading to the formation of trans fat.

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Market Dynamics:
1. Fast-paced economic development has hastened industrialization and urbanization, especially in emerging countries of the Asia-Pacific.
2. It has led to profound socio-economic changes that have radically altered consumers' lifestyles and choices. Globalization has led to the proliferation of different cultures and has altered people's diets.
3. The biggest change in global dietary preferences is the increasing consumption of ultra-processed food products. Hectic lifestyles and packed work schedules have reduced the time available for cooking food from scratch. Therefore, it has increased demand for ready-to-cook and ready-to-eat processed foods.
4. Food processing companies are also expanding their product portfolios to include new types of processed food preparations at various price points in response to growing demand.

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Segment Analysis:
• By Grade
o Food
o Feed
o Pharmaceutical
• By Distribution Channel
o Offline
o Online
• By Application
o Snacks *
o Bakery Products
o Confectionery
o Beverages
o Cosmetics & Personal Care
o Biofuel
o Animal Feed
o Plastic
o Others

Company Profiles:
1. Cargill Inc.
2. AAK AB
3. Archer Daniels Midland Company
4. Nisshin Oillio Group Ltd
5. Bunge Ltd
6. Wilmar International Ltd
7. American Vegetable Oils, Inc.
8. Olympic Oils, Ltd
9. BASF SE
10. Mewah Group

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