Global Edible Oils and Fats Market Research Report- Forecast to 2025
Published | 01 July 2019
According to Blueweave Consulting, The Global Edible and
Fats Oil Market is projected to touch XX.XX Million by the end of 2025 with an
annual growth rate of X.XX%.
Increasing importance of vegetable oils as key functional
ingredients which lessen the risk of heart disorders along with lowering the
chance of breast cancer is anticipated to increase the market growth. The
excellent anti-inflammatory properties coupled with growing popularity of
omega-3 fatty acid as a nutritional constituent in food industry is likely to
boost the adoption of oil produced from soybean, canola, and flax seeds.
Moreover, edible oils
find application as a good flavoring agent due to the association of unique
aroma of peanut or groundnut oil.
Sunflower oil holds more than 30% market share and expected
to reach USD XX.XX Million owing to growing importance of the product as a key
source of several nutritional constituents such as vitamin E, selenium, , and
magnesium in food and beverage industry. Soybean oil is projected to be the
fastest growing type during the forecast period. On the basis of fat type, the
butter & margarine segment held for the largest market share in 2018.
Convenience stores represent the largest segment followed by
supermarkets and hypermarkets owing to the rising number of health-conscious
consumers, expanding working population and increasing urbanization are
boosting the edible & fats oil market. Apart from standard stores
e-commerce is the next big sector. The growing online sales of products,
increasing demand for edible & fats oil, and products innovation offerings
are the key driver for the market.
Geographically, the Global edible & fats oil market is
analyzed across North America, Europe, Asia Pacific, Middle East & Africa,
and Latin America. Asia-Pacific accounted for the maximum market share in 2018
lead by India and projected to dominate the overall edible & fats oil
market over the forecast period. Owing to the expansion of the middle-class
population, rapidly growing fast food industry, increasing disposable income,
rapid urbanization. Change in the dietary preferences of consumers in countries
like China, India, and Australia has led to an increased demand for the edible
& fats oil in the region.
In 2018, Plant sourced oils holds the largest market share
of more than XX% owing to growing adoption of vegan life-style and augmented
demand for naturally sourced products. Animal sourced fats will witness sturdy
growth rate over the forecast period 2019-2025.
Key Players
The leading market players in the Global Edible Oils and
Fats market primarily are Archer-Daniels-Midland Co. (U.S.), Associated British
Foods Plc. (U.K.), Wilmar International Ltd (Singapore), Bunge limited (U.S.),
Adani Wilmar Ltd (India), Cargill, Inc.(U.S.)
and Ajinomoto Co., Inc.(Japan)
Target Audience
·
Edible Oils and Fats Manufacturers
·
Food and beverage Industry
·
Agriculture Industry
·
Bio-diesel manufacturers
·
Animal feed manufacturers
·
Retailers and wholesalers
·
Traders, importers and exporters
Key Findings
·
The Global Edible Oils and Fats market is
expected to touch XXXX kilo tons by 2025 with an annual growth rate of X.XX%
·
In 2018, the palm oil and soybean oil together
accounted more than XX% of entire edible & oil fats market.
Regional and State
wise Analysis of Global Edible Oils and Fats market Development and Demand
Forecast to 2025 Market
The reports also
cover country level analysis:
North America
·
US
· Canada
Europe
·
Germany
·
U.K.
·
France
·
Italy
·
Russia
· Rest of Europe
Asia – Pacific
·
China
·
Thailand
·
India
·
Australia
· Others
MEA
·
Saudi Arabia
·
UAE
· Rest of MEA
Latin America
·
Brazil
·
Argentina
·
Rest of Latin America
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