Specialty Fats Market 2017-2021
Technavio Announces the Publication of its Research Report Global Specialty Fats Market 2017-2021
Technavio recognizes the following companies as the key players in the global specialty fats market: Bunge, Cargill, IFFCO, IOI LodersCroklaan, and Wilmar International.
Other Prominent Vendors in the market are: AAK, BMB Margarine, FUJI OIL HOLDINGS, INTERCONTINENTAL SPECIALTY FATS, Mewah Group, Musim Mas Holdings, Olenex, Pranav Agro Industries, and Premium Vegetable Oils.
Commenting on the report, an analyst from Technavios team said: One trend in the market is increase in strategic alliances. Manufacturers of specialty fats are investing extensively in joint ventures and acquisitions to acquire a major share of the global market and expand their presence in new regions. The alliances of these manufacturers have helped them in successfully launching their joint ventures.
According to the report, one driver in the market is rising consumption of chocolate. The increased consumption of chocolates has led to the increased use of specialty fats in the preparation of chocolates. Chocolate, in the last couple of years, is increasingly being perceived as a better-for-you product owing to extended research that has associated cocoas antioxidant content to improved brain function, heart health, and reduced cancer risk. Due to the shortage of cocoa, many chocolate manufacturers include more of specialty fats in the preparation of chocolates.
Further, the report states that one challenge in the market is fluctuations in the price of raw materials. Raw materials used for manufacturing products such as confectioneries are palm kernels (palm oil) and other vegetable oils. Due to the lower production or yield of cocoa, there was a surge in the price of cocoa. This created opportunities for the alternatives of cocoa butter such as palm, shea, and other vegetable oils. Specialty fats that used in food and non-food applications are prepared from these sources. Thus, the prices of the raw materials that are used by manufacturers of specialty fats affect the production costs of specialty fats.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Specialty Fats
Specialty fats have a good viscosity; hence, they can be used for filling, coating, and molding, and find a wide variety of applications. These fats include cocoa butter equivalents, cocoa butter replacers, cocoa butter substitutes, filling fats, coating and cream fats, milk fat replacers, shortenings, and frying fats. These are widely used for confectionery and bakery applications as they improve the sensory and textural properties of confectionery and bakery products.
Technavios analysts forecast the global specialty fats market to grow at a CAGR of 9.37% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global specialty fats market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of specialty fats globally in the bakery, confectionery, dairy products, and the non-food applications such as pharmaceutical, cosmetics, and personal care.
The market is divided into the following segments based on geography:
Technavio's report, Global Specialty Fats Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors
FUJI OIL HOLDINGS
INTERCONTINENTAL SPECIALTY FATS
Musim Mas Holdings
Pranav Agro Industries
Premium Vegetable Oils
Rising consumption of chocolate
For a full, detailed list, view our report
Fluctuations in the price of raw materials
For a full, detailed list, view our report
Increase in strategic alliances
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
Global specialty fats market
Five forces analysis
PART 06: Market segmentation by application
Global specialty fats market by application
Global specialty fats market for confectionery
Global specialty fats market for bakery products
Global specialty fats market for dairy products
Global specialty fats market for other applications
PART 07: Geographical segmentation
Global specialty fats market by geography
Specialty fats market in APAC
Specialty fats market in the Americas
Specialty fats market in EMEA
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
Increase in strategic alliances
Increasing investments in specialty fats
New product development
PART 12: Competitor analysis
Competitive positioning assessment
Other prominent market players
PART 13: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Global specialty fats market: An overview
Exhibit 02: Global specialty fats market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global specialty fats market by application 2016 and 2021 (% share of revenue)
Exhibit 05: Global specialty fats market by application 2016-2021: Growth outlook
Exhibit 06: Global specialty fats market for confectionery 2016-2021 ($ millions)
Exhibit 07: Global specialty fats market for bakery products 2016-2021 ($ millions)
Exhibit 08: Global specialty fats market for dairy products 2016-2021 ($ millions)
Exhibit 09: Global specialty fats market for other applications 2016-2021 ($ millions)
Exhibit 10: Global specialty fats market by geography 2016 and 2021 (% share of revenue)
Exhibit 11: Global specialty fats market by geography 2016-2021: Growth outlook
Exhibit 12: Specialty fats market in APAC 2016-2021 ($ millions)
Exhibit 13: Specialty fats market in the Americas 2016-2021 ($ millions)
Exhibit 14: Specialty fats market in EMEA 2016-2021 ($ millions)
Exhibit 15: Cocoa production in major cocoa-producing countries in 2014-2015 and 2015-2016 (thousands of metric tons)
Exhibit 16: Competitive positioning matrix for specialty fats manufacturers in 2016
Exhibit 17: Bunge: Product portfolio
Exhibit 18: Cargill: Product portfolio
Exhibit 19: IFFCO: Product portfolio
Exhibit 20: IOI LodersCroklaan: Product portfolio
Exhibit 21: Wilmar International: Product portfolio
The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.
Key Topics Covered in the Report:
Comprehensive overview of parent market with market definition, classification
Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
Value Chain Analysis, Strategic insights, and market estimations
Facts, stats, historical data, market size forecast regarding volume and value
Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
Insights on prospective opportunities and challenges, success and risk
The report brings to your attention analysis of the Specialty Fats market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.
Report Details @ https://marketreportscenter.com/reports/562201/global-specialty-fats-market-2017-2021
The research report takes different facets into consideration to scrutinize the global Specialty Fats industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.
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