Press release
Fats And Oils Market is Expected to Reach $325.80 Billion at a CAGR of 6.2% By 2032 | Key Players: Bunge Limited Wilmar International Limited, Archer Daniels Midland Company (ADM), Mewah International Inc., 8AAK AB
Fats And Oils Market
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The global fats and oils market reached a value of nearly $179.31 billion in 2022, having grown at a compound annual growth rate (CAGR) of 3.3% since 2017. The market is expected to grow from $179.31 billion in 2022 to $240.69 billion in 2027 at a rate of 6.1%. The market is then expected to grow at a CAGR of 6.2% from 2027 and reach $325.80 billion in 2032.
Fats and oils are defined as glyceryl esters of various organic acids, which belong to the fatty acid series and are derived from plant or animal sources.
The fats and oils market consists of sales of fats and oil products by entities (organizations, sole traders and partnerships) that manufacture fats and oils, which are esters of glycerol with three fatty acids, also known as triacylglycerols. They provide energy for living organisms, insulate body organs and transport fat-soluble vitamins through the blood.
Companies are focusing on launching cooking oil produced by fermentation and with a clean, neutral taste and high smoke point to strengthen their position in the market.
Fats And Oils Market Segmentation:
By Type - The fats and oils market is segmented by type into
a) Fats
b) Oils.
By Source -
The fats and oils market is segmented by source into
a) Plants
b) Animals.
By Distribution Channel -
The fats and oils market is segmented by distribution channel into
a) Supermarkets/Hypermarkets
b) Convenience Stores
c) E-Commerce
d) Other Distribution Channels.
By Application -
The fats and oils market is segmented by application into
a) Food And Beverages
b) Personal Care
c) Pharmaceutical
d) Animal Feed
e) Other Applications.
Some of the key players involved in the Fats And Oils market are Bunge Limited, Wilmar International Limited, Archer Daniels Midland Company (ADM), Mewah International Inc., AAK AB
The regions covered in the global Fats And Oils market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
.....
24. Market Background: Syrup, Seasoning, Oils, And General Food Market
25. Opportunities And Strategies
26. Fats And Oils Market, Conclusions And Recommendations
27. Appendix
28. Copyright and Disclaimer
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