Europe Edible Oil Market Opportunities, Share, Growth and Competitive Analysis and Forecast 2027

Europe Edible Oil Market Scope and Market Size
Europe Edible Oil market is segmented on the basis of basis of type, package type, distribution channel, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, Europe edible oil market is segmented into palm oil, soybean oil, rapeseed oil, sunflower oil, peanut oil, specialty blended oil, olive oil, corn oil, flaxseed oil, avocado oil, walnut oil, pumpkin seed oil, grapeseed oil and others. In 2020, soybean oil segment dominates the market owing to its characteristics such as support in bone health, contains omega-3 fatty acids, and promotes skin health. Due to high demand, numbers of manufacturers are involved in manufacturing and providing the products in market and hence generation of revenue is also high from this segment.
On the basis of package type, Europe edible oil market is segmented into tinplate containers, HDPE (high density polyethylene) containers, PVC (poly vinyl chloride) bottles, PET (polyethylene terephthalate) bottles, glass bottles, semi - rigid containers, flexible plastic pouches and others. In 2020, tinplate containers segment is dominating the market as tinplate is a low in weight and has a high strength, making tinplate packaging easy to ship and store
On the basis of distribution channel, Europe edible oil market is segmented into direct and indirect. In 2020, indirect segment is dominating the market as it facilitates customers with wide variety of oils and several number of edible oil brands which helps them to make better purchase decision
On the basis of end user, Europe edible oil market is segmented into domestic, industrial, food service and others. In 2020, domestics segment is dominating the market as edible oils are largely consumed for household purpose for cooking.
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Market Analysis and Insights: Europe Edible Oil Market
Europe edible oil market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2020 to 2027 and is expected to reach USD 18,247.87 million by 2027.

Several numbers of countries are involved in the production oilseeds and therefore there is abundant availability of raw material for consistent production of edible oils. Easy availability of raw material reduces the expenses of transportation as well as aids in large scale production of edible oil which helps in reduction of overall production cost.

According to Food and Agriculture Organization (FAO), the estimated global soybean oilseed production in 2020 is expected to be 368.5 Mt and other oilseeds are expected to be 155.3 Mt. The average global production of other oilseeds excluding soybean in the year 2015 to 2017 was 1, 46,793 Kt. In this Europe was the highest producer of oilseeds Thus, sufficient availability of raw materials across the Europe is one of the major factors that have been driving the growth of Europe edible oil market.

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