Increasing Demand for Plant-Based Fats Market Growth, Trends, and Key Players - Cargill, Inc., ADM, Bunge Limited, Wilmar International

Global Plant-Based Fats Market reached US$ 70.8 billion in 2022 and is expected to reach US$ 258.9 billion by 2030, growing with a CAGR of 17.6% during the forecast period 2024-2031.

The Plant-Based Fats Market Report by DataM Intelligence offers comprehensive insights into the latest market trends, key growth drivers, and emerging challenges. Crafted to support smarter and faster decision-making, our reports blend in-depth data analysis with expert insights. At DataM Intelligence, we simplify complex market dynamics into actionable strategies-empowering businesses to remain competitive, scale confidently, and capitalize on the right opportunities in an ever-evolving landscape.

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Plant-Based Fats Market Overview

Plant-based fats are fats derived from plant sources such as nuts, seeds, avocados, and vegetable oils. These fats are typically rich in unsaturated fatty acids and are considered healthier alternatives to animal fats, widely used in vegan, vegetarian, and health-conscious diets.

Research Methodology:

The global Plant-Based Fats Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.

Segment Covered in the Plant-Based Fats Market:

By Type: Saturated, Unsaturated, Trans

By Source: Sunflower, Coconut, Soybean, Canola, Groundnut, Palm Kernel, Others

By Application: Snacks and Convenience Foods, Salad Dressings, Cooking and Frying, Baking, Nutritional Supplements, Others

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List of the Key Players in the Plant-Based Fats Market:

Cargill, Inc., ADM, Bunge Limited, Wilmar International, IOI Group, AAK AB, Fuji Oil Holdings Inc., United Plantations Berhad, Avena Foods Limited and EFKO Group.

Industry Development:

In March 2023, food tech startup Shiru introduced OleoPro, its first AI-developed ingredient. OleoPro is a plant-based fat created from unsaturated oils and plant proteins. It can reduce saturated fat content in plant-based foods by up to 90%, retains its shape at room temperature, browns during cooking, and delivers a juicy, meat-like mouthfeel.

Regional Analysis for Plant-Based Fats Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

The Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Go-to-market Strategy.

➡ Neutral perspective on the market performance.

➡ Customized regional/country reports as per request and country level analysis.

➡ Potential & niche segments and regions exhibiting promising growth covered.

People Also Ask:

➠ What are the global sales, production, consumption, imports, and exports in the Plant-Based Fats market?

➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?

➠ What key opportunities and challenges do vendors face in the Plant-Based Fats industry?

➠ Which product types, applications, or end-users are driving market growth, and what is their market share?

➠ What are the major growth drivers and restraints of the Plant-Based Fats market?

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