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PHO Oils Market Forecast 2021-2031 - Market Size, Drivers, Trends, And Competitors

02-13-2024 02:15 PM CET | Food & Beverage

Press release from: Transparency Market Research

PHO Oils Market

PHO Oils Market

The Philippines, like many other countries, is grappling with the health risks posed by partially hydrogenated oils (PHO), commonly used in food manufacturing. Recent legislative efforts aimed at eliminating trans fats highlight growing concerns about the potential health implications, particularly for individuals with comorbidities, amidst the backdrop of the COVID-19 pandemic. Here's an in-depth look at the evolving landscape of PHO oils and their impact on public health in the Philippines.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81884
Key Players and Market Developments
โ€ข Bunge Limited
โ€ข Cargill Inc.
โ€ข Archer-Daniels-Midland Company
โ€ข AAK AB
โ€ข Ventura Foods
โ€ข Apical Group Ltd
โ€ข Wilmar International Ltd
โ€ข Intercontinental specialty fats sdn. Bhd
โ€ข Oleo-Fats Inc.
โ€ข IOI Corporation Berhad
โ€ข among others

Legislative Action in Response to Health Concerns

In October 2020, House Representatives Alfred Delos Santos and Ronnie Ong introduced a bill in the Philippines aimed at eliminating trans fats from the food supply. This move reflects a growing recognition of the potentially harmful effects of PHO oils, particularly for individuals with underlying health conditions such as heart diseases. Given the increased vulnerability of such individuals to COVID-19, addressing the risks associated with PHO oils has become a pressing public health concern.

Regional Dynamics and Proactive Measures

As neighboring ASEAN countries like Singapore and Thailand take proactive measures to limit the consumption of trans fatty acids (TFA) products, there is a growing sentiment in the Philippines against becoming a dumping ground for such harmful substances. This regional trend underscores the need for clear legislation to protect public health and prevent the influx of unhealthy food products into the market.

Market Impact and Business Challenges

The push to eliminate PHO oils from the food supply is expected to have significant implications for businesses operating in the Philippines PHO oils market. Food manufacturing giant Nestle Philippines, for instance, has expressed concerns about the potential business challenges posed by the proposed legislation. Clear legislative terms are being sought to navigate these challenges and ensure compliance with emerging health standards.

Transition to PHO-Free Alternatives

Amidst mounting concerns about the health risks associated with PHO oils, manufacturers are increasingly focusing on producing PHO-free alternatives. Companies like Stratas Foods LLC are leading the way by introducing innovative products such as Golden Flex donut frying shortening formulated from soybean. This transition presents new income opportunities for businesses while addressing public health concerns.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ | ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=81884<ype=S
Navigating the Future of Food Production

With consumer preferences shifting towards healthier food options, manufacturers in the Philippines PHO oils market are facing the imperative to adapt their production capabilities. PHO-free alternatives such as palm oil shortenings are gaining prominence as replacements for PHO oils in bakery products. Investments in research and development are driving innovations in food production, ensuring a smoother transition towards healthier alternatives.

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Transparency Market Research Inc.
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