Fats and Oils Market 2022: Provides In-depth Analysis, Innovations & Technology Report-2027
Fats & oils are the organic substances which are an essential part of the diet and also used in many industries. Generally, fats are in solid and oils are in liquid form at normal room temperature owing to their chemical properties which include quantity of saturation present in the ester. The method of obtaining oils are processed in such a way that it will obtain the highest grade of edible oil. Inedible oils are suitable for manufacturing soaps and other industrial purposes. Fats & oils are the high energy foods substances which provide 9 calories per gram of fat and has a high energy density as compared to carbohydrates and proteins.
Fats & oils have a lubricating, emulsifying, and
whipping properties along with high caloric value. The majority of fats and
oils are made up of fatty acid esters. Various foods and beverages contain
nutrients includes proteins, carbohydrates, vitamins, fats, and minerals.
Dietary fats are important to support cell growth in the body and also protect
body organs. Moreover, dietary fats are significant for many body processes
such as developing hormones and regulate vitamins in the body. Thus, the
dietary fats are classified as various groups which include saturated, monounsaturated,
trans, and polyunsaturated which has a different effect on cholesterol level.
Fats & Oils Market: Drivers and Restraints
Rising consumption of animal products which in turn driving
demand for high-quality edible fats & oils product and processed food, and
changing consumer eating habits are the factors which are expecting to boost
the demand of fats &oils market over the forecast period. Moreover, rising
demand for alternative biodiesel fuel in the transportation sector and increasing
overall population worldwide are witnessing the growth opportunity for fats
& oils market. However, increasing health concern such as heart-related
disease and obesity owing to excessive consumption of fats & oils, rising
quality standards, stringent government regulations for food safety and
increasing environmental concern may hamper the growth of fats & oils
market in near future.
Fats & Oils Market: Overview
Based on product type, palm oil is the most lucrative
segment among others owing to low cost, neutral taste as compared to other oils
and high demand in the bakery and processed foods sector. Shifting in the
consumption of edible oils owing to use of hydrogenated fats for baking
products. In Europe, there has been a continuous shift in oil consumption from
food to industrial purpose mainly because of the rising demand
for rapeseed oils for the production of biodiesel. In Latin America,
the use of soybean oil has also increased for biodiesel production
owing to government mandates for biofuel. According to IHS Inc., in 2015, Asia
account for the maximum revenue growth in the global production of fats and
oils market, of this Indonesia account for 18% of global production followed by
14% by China.
Fats & Oils Market: Region-wise Outlook
Depending on the geographic region, fats & oils market
is segmented into seven key regions: North America, Latin America, Eastern
Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
North America dominates the fats & oils market owing to the high living standard
of people, high consumption of animal products in these regions. Asia Pacific,
Middle East and Africa hold huge potential and shows substantial growth owing
to rising population base, increasing disposable income coupled with
consumption of fast foods and growing health awareness among population are the
factors that can drive the market in near future in these regions.
Fats & Oils Market: Key Players
Key players of fats & oils market are Cargill,
Incorporated, Associated British Food Plc., Unilever Plc., Archer Daniels
Midland Company, Wilmar International Limited, United Plantations Berhad,
Ajinomoto Co. Inc., International Foodstuff Company Holdings Ltd., and Bunge
Limited.
The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to categories such as market
segments, geographies, types, technology, material, and applications.
The report covers exhaustive analysis on:
- Market
Segments
- Market
Dynamics
- Market
Size
- Supply
& Demand
- Current
Trends/Issues/Challenges
- Competition
& Companies involved
- Technology
- Value
Chain
Regional analysis includes
- North
America (U.S., Canada)
- Latin
America (Mexico, Brazil, Argentina)
- Western
Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western
Europe)
- Eastern
Europe (Russia, Poland)
- Asia
Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle
East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic indicators
and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market
segments and geographies.
Fats & Oils
Market: Segmentation
The fats & oils market has been classified on the basis
of the range of product type, application, animal fats, form, and source.
Based on product
type, the fats & oils market is segmented into the following:
- Palm
- Sunflower
- Olive
- Soybean
- Rapeseed
Based on application,
the fats & oils market is segmented into the following:
- Food
- Industrial
- Personal
care
- Animal
feed
- Pharmaceutical
Based on animal fats,
the fats & oils market is segmented into the following:
- Butter
- Ghee
- Lard
- Suet
Based on form, the
fats & oils market is segmented into the following:
- Liquid
- Solid
Based on sources, the
fats & oils market is segmented into the following:
- Plants
- Animals
Report Highlights:
- Detailed
overview of parent market
- Changing
market dynamics in the industry
- In-depth
market segmentation
- Historical,
current and projected market size in terms of volume and value
- Recent
industry trends and developments
- Competitive
landscape
- Strategies
of key players and products offered
- Potential
and niche segments, geographical regions exhibiting promising growth
- A
neutral perspective on market performance
- Must-have
information for market players to sustain and enhance their market
footprint
Main Report Link: https://www.futuremarketinsights.com/reports/fats-and-oils-market
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