Oils and Fats Market expected to reach USD 170 billion forecast to 2019
Description :
Market outlook of the oils and fats market research analyst predicts the oils and fats market to reach a market value of around USD 170 billion by the end of 2019. The growing usage of high-quality edible oils is driving the growth of this market. Cold pressed oils are high-quality oils as these are pressed at a lower temperature that preserves the flavor and characteristics of the oil. Olive oil is considered as the healthiest oil due to the presence of a high level of monounsaturated fats in it. According to the US International Trade Commissions Report during 2013 on olive oil, the consumption of olive oil in the US has increased by over 650% during the last three decades.
The adverse effects due to excess consumption of oils and fats are expected to pose challenges to the market growth during the forecast period. Most of the oils are high in Omega-6 polyunsaturated fatty acids. These acids if consumed in high quantity result in such as arthritis, cancer, cardiovascular diseases, and diabetes.
Product segmentation and analysis of – oils, solid fats Oils accounted for nearly 63% of the market share during 2014 and is expected to maintain its dominance until the end of 2019. This segment is further classified as cooking spray, corn oil, olive oil, sunflower oil, vegetable oil, and other edible oils. The growing consumer awareness regarding the health benefits of cooking oils is expected to drive the growth of this segment by the end of the forecast period.
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The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Oils
Solid fats
Segmentation by distribution channel and analysis of – food specialists, convenience stores, hypermarkets
Hypermarkets and supermarkets
Convenience stores
Food specialists
Hypermarkets and supermarkets accounted for 61% of the market share during 2014. The value for money and wide choice provided by these stores make them a popular channel among consumers.
Geographical segmentation and analysis of the oils and fats market
Americas
APAC
Eastern Europe
MEA
Western Europe
APAC accounted for 45% of the market share during 2014 and is predicted to retain its leadership until the end of 2019. China and India are the prime contributors to the production of sunflower and soybean oil in this region. The report predicts the market to reach a market value of around USD 89 billion by the end of 2019.
Competitive landscape and key vendors – Bunge, CHS, Unilever, Wilmar
The global oils and fats market is fragmented with numerous vendors, including international and regional players. Vendors compete on the basis of product differentiation, portfolio, and pricing. The market is dominated by six key vendors who have a worldwide presence and have strong brand images for their products in the market.
The leading vendors in the market are -
Associated British Foods
Bunge
CHS
Land O’Lakes
Unilever
Wilmar
Other vendors in the market include Archer Daniels Midland, Arla, Agropur cooperative, Brf Brasil Foods, Behshahr Industrial, Britannia, Cargill, Carapelli Firenze, China National Cereals, COFCO, ConAgra Foods, Dairy Crest, Deoleo, Fonterra Brands, Goodman Fielder, Gujarat Cooperative
Milk Marketing Federation, IFFCO, Kerry Group, Mother Dairy, Monini, The Nisshin OilliO Group, Parmalat, PT Salim Ivomas Pratama Tbk, Ruchi Soya, Saudi Vegetable Oil & Ghee, Strauss, Willowton Group, Yihai Kerry Oils & Grains, and Yug Rusi.
Table Of Content :
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast by revenue
• Market size and forecast by volume
• Five forces analysis
PART 06: Market segmentation by product type
• Global oils market
• Global solid fats market
PART 07: Market segmentation by distribution channel
PART 08: Geographical segmentation
• Oils and fats market in APAC
• Oils and fats market in Americas
• Oils and fats market in Western Europe
• Oils and fats market in Eastern Europe
• Oils and fats market in MEA
PART 09: Key leading countries
• Oils and fats market in China
• Oils and fats market in Brazil
• Oils and fats market in US
• Oils and fats market in India
PART 10: Market drivers
• Developing economies driving cooking oil and fats market
• Increasing usage of high-quality edible oils
• Increasing consumption of processed foods
• Health benefits associated with consumption of olive oil
PART 11: Impact of drivers
PART 12: Market challenges
• Adverse health effects due to excess consumption of oils and fats
• High cost of raw materials
• Adulterated and mislabelled products
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Adoption of cooking sprays
• Globalization of olive oil industry
• Boost in productivity of GM plants
• Innovation in clean label butter
• Increasing demand for organic oil
PART 15: Vendor landscape
• Other prominent vendors
PART 16: Key vendor analysis
• ABF
• Bunge
• CHS
• Land O’Lakes
• Unilever
• Wilmar
PART 17: Appendix
• List of abbreviations
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Key questions answered in the report include
What will the market size and the growth rate be in 2019
What are the key factors driving the oils and fats market
What are the key market trends impacting the growth of the oils and fats market
What are the challenges to market growth
Who are the key vendors in the oils and fats market
What are the market opportunities and threats faced by the vendors in the oils and fats market
Trending factors influencing the market shares of the Americas, APAC, Eastern Europe, MEA, and Western Europe
What are the key outcomes of the five forces analysis of the oils and fats market
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