Global Oils and Fats market is poised to reach $187.6 billion in 2015 growing at a CAGR of 5.8% to reach $279.7 billion by 2022

The Global Oils and Fats market is poised to reach $187.6 billion in 2015 growing at a CAGR of 5.8% to reach $279.7 billion by 2022. Financial rise in the upcoming markets, low oil prices due to intensified competition, high-class oils and end user knowledge in fitness are the important drivers for the enlargement of this market. However, health causes due to overload expenditure, security issues in case of food, high cost of materials are the key factors restraining the market growth. The demand lies in growth of disposable income of the consumers.

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By products, vegetable oil segment commanded the largest share in global oils and fats market. This vegetable oil segment witnessed a highest growth rate in Europe and North American region, as these region are in a huge demand for olive and castor oil. Rest of the world (RoW) region dominated the global oils and fats market due to growing disposal income and varying lifestyle trends. Moreover, Asia pacific region is expected to be the second largest market over the forecast period.

Some of the key players in this market include are Cargill, Incorporated, Archer Daniels Midland Company, Unilever PLC, Conagra Foods, Inc., Associated British Foods PLC, United Plantations Berhad, Ajinomoto Co., Inc., Wilmar International Limited, Bunge Limited, CHS Inc., ISTA Mielke GmbH, Arla Foods, Carapelli Firenze, Gujarat Co-operative Milk Marketing Federation and Kerry Group.

Product Covered:
Animal Fats
Tallow
Butter
Lard
Other Animal Fats
Vegetable Oils
Olive
Palm
Sunflower
Canola
Rapeseed oil
Soybean
Other Vegetable Oils
Spreadable oils and fats
Other Fats and Oils

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Application Covered:
Bakery
Snacks & Savory
Spreads
Confectionery
Salad Dressing
Other Applications

Distribution Channel Covered:
Hypermarkets and supermarkets
Convenience stores
Food specialists

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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