openPR Logo
Press release

Edible Oils and Fats Market for Baghdad: Market Valuation Estimated to Reach US$2.3 bn by 2025

03-04-2018 05:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Edible Oils and Fats Market for Baghdad: Market Valuation

The edible oils and fats market in Iraq possesses immense potential for growth and is majorly captured by prominent international companies such as Anadolu Group, Altunkaya Group of Companies, Marsan Gida San Ve Tic A.S., Aves A.S., and Zer Group. These companies accounted for an approximate market share of 90% in 2015, and have used an array of strategies to attain an oligopoly in the market. They have invested in the research and development of various technologies, established joint ventures, expanded their business, and have even acquired regional traders. Despite the proven success of these companies, local firms such as Etihad Food Industries are on the verge of beginning operations in the Iraq oil and fats market. Consequentially, the locally produced oils and fats are expected to witness an escalating demand, estimates TMR.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14888

The market for edible oils and fats in Iraq is estimated to be valued at US$2.3 bn by 2025 as compared to US$1.3 bn in 2015, registering a CAGR of 6.0% over the forecast period from 2016 to 2025. In terms of volume, the edible oil and fats market in Iraq is prophesied to register a CAGR of a 3.3% during the forecast period.

The cumulative volume of edible oil and fats in Baghdad is expected to scale up to 268.3 thousand tons in 2025 from 190.9 thousand tons in 2015. This shall take the annual growth rate of edible oils and fats between 2010 and 2025 in Baghdad to 3.5%. Other regions expected to register a substantial CAGR for edible oils and fats market are Muthanna and Maysan. In terms of distribution channel, B2C dominated the market share in 2015 and is forecasted to hold the highest market share over the forecast period as well.

Rising Population Expands Edible Oils and Fats Market

The population of Iraq has been on a steady rise lately. There was a 3.9% increase in the overall population of Iraq over 2010-2015 and is expected to steadily rise over the forecast period as well. The purchasing power of the consumers in Iraq is also touching new heights, which has, in turn, resulted in people becoming increasingly health conscious. This has led to a significant rise in demand for high quality edible oils and fats, which has contributed to the growth of the oil and fats market in Iraq.

Read Report Overview @ https://www.transparencymarketresearch.com/edible-oils-fats-market.html

Moreover, the infrastructural fettle of Iraq has seen some progress in recent times, which has encouraged tourism to the country. The country is also a prominent pilgrimage destination for a major faith of the world, which has kept its tourism industry highly functional. Steady rise of the tourism sector in the past years and a fine growth potential in the future years is expected to accentuate the demand for foods, which would subsequently fuel the edible oils and fats market in the country.

Feeble Economy Hinders Market Growth

Owing to the period of military siege that witnessed extreme entropy and unrest in Iraq, the economic activities in the country have been despairingly low. This has affected the overall GDP of the country and the adverse effects have trickled down to all other markets including the edible oils and fats market. Furthermore, the balance of payments situation is grim and there is meagre public finance, which slacks progress and underhandedly contributes to the low growth of the oils and fats market.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.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 Oils and Fats Market for Baghdad: Market Valuation Estimated to Reach US$2.3 bn by 2025 here

News-ID: 963491 • Views: 174

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for Iraq

Iraq Real Estate Expo 2019
A New Breath in the Iraqi Market; IRAQ REAL ESTATE EXPO!!! Iraq Real Estate Expo 2019: International Real Estate & Investment Exhibition is organized by Elan Expo will take place on 25-27 April 2019 at Baghdad International Fair Ground at Baghdad, Iraq. THE EXPECTANT EXPO; IREXPO Iraq which is located in a strategic place in the Middle East has around 39 million populations. With the 193 billion dollars GDP; Iraqi people are
Mega Clima Iraq HVAC Expo 2019
4th Iraq Hvac Expo 2019: International Air Conditioning & Refrigeration Exhibition is organized by Elan Expo will take place on 25-27 April 2019 at Baghdad International Fair Ground at Baghdad, Iraq. IRAQ – THE MEETING POINT OF MANIFACTURERS In recent years, Iraq is one of the most preferable states in the construction sector through the Middle East. International investors are inclined to make investment to the country which is very rich
Iraq Crude Oil Refinery Outlook to 2023
Iraq Crude Oil Market, 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. "Iraq Crude Oil Refinery Outlook to 2023", is a comprehensive report on crude oil refinery industry in Iraq. The report provides details on oil refineries
Iraq Healthcare (Surgical Procedures) Market Analysis – 2022
Iraq has a centralized health care system, which utilizes public hospital-based capital intensive model of curative and preventive care. The Ministry of Health (MoH) is considered the major health care provider in Iraq. The two main players within the health care industry in Iraq are the public sector and the private sector. In the public sector, health care services are provided through primary health care centers and public hospitals at
Iraq Radio Live ( Online Radio )
Iraqi Live Radio is created to accommodate our users expectations, concerning to the development of pioneering technologies. The following application is compatible with iPhone, iPad and iPod touch meanwhile is very easy to use. This is a wireless telegraphy which broadcasts advanced Radio Stations available from all over the globe. Iraqi Live Radio is a free application which provides you with the striking opportunity to listen to your favorite music,
Iraq Petroleum 2012: Positioning Iraq on the World Energy Map
Iraq’s oil exports have reached the highest records in decades. Crude oil exports averaged 2.508 million bpd in April 2012 due to the opening of two new floating terminals, easing export constraints. The Iraq Petroleum 2012 Conference will address this recent increase in crude oil exports, in a key session titled ‘Positioning Iraq on the World Energy Map’ led by members of the Iraqi Government, including: H.E. Thamir Ghadban; H.E.