Press release
Edible Oil Market to Reach US$ 130.3 Bn in 2024
Request Report Sample @ http://www.persistencemarketresearch.com/samples/11569
According to a new report published by Persistence Market Research, “Global Market Study on Edible Oils: Industry Analysis and Forecast 2016-2024”, the global edible oils market is expected to register a CAGR of 5.1% through the forecast period to reach the value of US$ 130.3 Bn at the end of 2024. The projected market trend can be attributed to the rising health concerns across the globe and growing demand for healthy edible oils such as canola and olive oil.
Manufacturers are adopting new techniques to increase production of edible oils such as cold pressing. This combined with growing disposable incomes and the growing demand for snacks and fried food globally are major drivers in the global market. The rising retail sector is a major boon to the global edible oils market as the wide network organized market has helped bolster growth of the edible oils in the market.
Browse Report @ http://www.persistencemarketresearch.com/market-research/edible-oils-market.asp
In terms of end users, the global market is segmented into foodservice, food processor, and retail. Well-established chains and strong supply chain of edible oil products is expected to drive the retail segment in the global market. The segment is expected to register a CAGR of 5.3% through the forecast period. Foodservice segment is projected to register a CAGR of 5.1% through the forecast period due to the lower prices of palm oil and easy availability of the same.
The global edible oils market is segmented on the basis of region into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific is projected to dominate the global market, accounting for 41.2% share in 2015, and is expected to account for 42.4% at the end of 2024. The projected market trend can be ascribed to the growing demand for edible oils in India and China, especially in the food and beverages industries in the region. Europe and MEA are anticipated to register negative growth in terms of market share through the forecast period owing to shifting consumer preferences towards high-quality edible oils in the regions.
For More Information Request TOC (desk of content material), Figures and Tables of the report @ http://www.persistencemarketresearch.com/market-research/edible-oils-market/toc
Major players in the global edible oils market include The Adani Wilmar Ltd., Ruchi Soya Industries Ltd., Associated British Foods (Ach), Adams Group, Olympic Oils Limited, Borges Mediterranean Group, Archer Daniels Midland Company, Cargill Inc., American Vegetable Oils, Inc., Bunge Limited, Beidahuang Group, and Fuji Vegetable Oil, Inc.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Edible Oil Market to Reach US$ 130.3 Bn in 2024 here
News-ID: 392011 • Views: …
More Releases from Persistence Market Research
Anime Market Set to Grow Significantly, Reaching USD 54.1 Billion by 2031 Amid R …
The global anime market has evolved far beyond traditional television broadcasts to become a multifaceted entertainment ecosystem. Driven by digital transformation, streaming services, and cross-media collaborations, anime has expanded its footprint globally, appealing to diverse audiences across age groups. Anime now extends into gaming, merchandising, licensing, and international film distribution, creating multiple revenue streams beyond conventional formats.
According to market projections, the anime market is expected to grow from US$31.9 billion…
Artificial Intelligence as a Service Market Forecasted to Grow at 34.6% CAGR, Re …
The Artificial Intelligence as a Service (AIaaS) market has emerged as one of the most transformative segments in the global technology ecosystem. By providing AI capabilities on a subscription or pay-per-use model, AIaaS allows organizations to deploy advanced AI functionalities without the need for significant in-house infrastructure. This model has democratized access to AI, enabling small and medium-sized enterprises to leverage predictive analytics, natural language processing, and machine learning tools…
Server Operating System Market Anticipated to Witness Robust Growth, Reaching US …
The server operating system market is witnessing robust growth, driven by the rapid expansion of data centers and the surging adoption of cloud technologies across enterprises worldwide. Server operating systems form the backbone of modern IT infrastructure, enabling organizations to efficiently manage hardware resources, deploy applications, and maintain high levels of system reliability and security. As businesses increasingly migrate to cloud environments and data-intensive operations grow, demand for powerful, scalable,…
Manufacturing Operations Management Software Industry Anticipated to Witness Rap …
The Manufacturing Operations Management (MOM) software market is rapidly emerging as a cornerstone of digital transformation in the manufacturing sector. As industries increasingly adopt Industry 4.0 practices, the need for advanced solutions that integrate production planning, real-time monitoring, quality control, and process optimization has surged. MOM software enables manufacturers to streamline operations, reduce production downtime, and improve overall efficiency, making it an indispensable tool across automotive, pharmaceutical, aerospace, and consumer…
More Releases for Oil
Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil …
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, and passenger automobiles. Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period.
Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021…
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New …
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. The…
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028.
Glance our 200 slides market research and competitive intelligence research report,…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market
The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,…
