Global Edible Oil and Fats Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global edible oil and fats market in its upcoming report titled, “Global Edible Oil and Fats Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global edible oil and fats market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global edible oil and fats market report has been segmented on the basis product type, source, distribution channel, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Cooking oil and fats are nutritious and healthy food product made from saturated, polysaturated and monosaturated fatty acids. Edible oil and fats are used in cooking to improve taste and give food texture.
Increasing innovations of new flavors and growing usage of healthy ingredients is a major factor expected to drive growth of the global edible oil and fats market. In addition, increasing global population and increasing consciousness about health among consumers are other major factors expected to boost growth of the global edible oil and fats market over the forecast period.
However, adverse effects due to excess consumption of oils and fats is a major factor restraining growth of the global edible oil and fats market.
The market in North America accounted for highest revenue share in the global edible oil and fats market in 2016, owing to increasing advanced manufacturing procedures in oil and fats industry and high disposable income in countries in the region. The market in Europe accounted for second-highest revenue share in the global edible oil and fats market, due to increasing awareness about the health and most of the consumers preferring low fat and cholesterol free oils in countries in the region, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively. The market in Asia Pacific is projected to register fastest growth rate in terms of revenue, owing to growing consumer awareness regarding health & wellness in countries in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth rate over the forecast period. Revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.
Global edible oil and fats market segmentation:
By product type:
- Seed oil and vegetable
- Palm oil
- Canola oil
- Sunflower oil
By distribution channel:
- Departmental store
- Convenience store
- E-commerce website
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Unilever PLC
- Cargill, Inc.
- International Foodstuff Company Limited
- United Plantations Berhad
- Wilmar International Limited
- Archer Daniels Midland Company
- Associated British Foods plc
- Bunge Limited
- CHS Inc.
- ConAgra Foods Inc.
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