High Oleic Oil Market Segments, Industry Growth, Size, Share, Key Players, Report 2023-2028

According to IMARC Group latest report titled "High Oleic Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on high oleic oil market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global high oleic oil market is expected to exhibit a growth rate (CAGR) of 5.25% during 2023-2028.

High oleic oil is a premium-grade edible oil derived from crops engineered to have a high concentration of oleic acid, which significantly increases the oil's stability and shelf-life. The term 'high oleic' refers to the elevated level of monounsaturated fats, which are known for their health benefits. This type of oil is typically sourced from sunflower, safflower, soybean, and canola, with each variety offering distinct flavors and cooking properties suitable for various culinary applications. It is highly resistant to oxidation, making it ideal for high-heat cooking and food processing. The benefits of these oils extend to both health and industrial advantages; they have a lower rate of spoilage, offer a healthier fat profile for consumers, and provide a sustainable option for food manufacturers seeking to improve the nutritional content of their products without compromising on quality or performance.

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Market Trends:

The global high oleic oil market is majorly driven by the rising health consciousness among consumers and the demand for oils that provide stability without trans fats. Along with this, the escalating shift in dietary patterns towards healthier fats, leading to a preference for products that support heart health and weight management, is favoring the market. Additionally, the versatility of high oleic oils in food applications, ranging from frying to baking, is contributing to their widespread adoption. In addition, food industry regulations encouraging for the elimination of trans fats and the reformulation of food products with healthier ingredients are also significant drivers.

Moreover, technological advancements in crop engineering and processing are making high oleic oils more accessible and cost-effective, further stimulating market expansion. Apart from this, the growing clean label trend, wherein consumers seek transparency in the sourcing and processing of food ingredients, is positively impacting the market. Furthermore, manufacturers are leveraging this trend by highlighting the non-GMO and sustainably farmed aspects of high oleic oils, thereby creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Adams Group Inc.
• Archer Daniels Midland Company
• Aston Food and Food Ingredients
• Aveno NV
• Bunge Limited
• Cargill Incorporated
• CHS Inc.
• Colorado Mills
• Marbacher Ölmühle GmbH (HOCHDORF Holding Ltd)
• Oilseeds International Ltd. (Itochu Corporation)
• Richardson International Limited

High Oleic Oil Market Segmentation:

Our report has categorized the market based on region, type, source, application and distribution channel.

Breakup by Type:
• Sunflower Oil
• Soybean Oil
• Safflower Oil
• Canola Oil
• Others

Breakup by Source:
• Organic
• Conventional

Breakup by Application:
• Food
• Personal Care
• Nutraceuticals
• Others

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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