Fats And Oils Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Vegetable Oil, Fats); Form (Solid, Liquid); Application (Food Application, Industrial Application, Animal Feed, Others) and Geography
Report Code: TIPRE00016598
| No. of Pages: 150
| Category: Food and Beverages
| Status: Upcoming
Fats and oils are widely utilized for both industrial uses as well as food applications across the globe. Diet fats and oils mainly play a pivotal role in encouraging the growth of cells and are also considered to be highly concentrated sources of energy. In addition to that, demand for edible fats and oils, a source of essential fatty acids (EFA), is being driven by the rising consumption of animal-based products. Consumers across the globe have become quite informed about the differences between healthy and unhealthy fats and oils. The majority of these consumers now highly express a greater willingness to considering and trying fats & oils extracted from non-traditional sources, along with perceived benefits of being sustainable, organic or non-bioengineered.
The fats and oils market has witnessed significant growth owing to factors such as wider application in food products, cosmetics & personal care items, animal feed, industrial products, and others. On account of the increasing health-consciousness, most of the consumers are readily embracing and seeking out specific animal-based and plant-based fats, which include fats from butter, eggs, olive oil, sunflower oil, and avocados. The adoption of butter-based fats is resurging on the back of its provision of a stellar performance in facilitating simple and clean ingredient labels. This is mainly because simple and clean labels are the new normal for Gen Z and Millennial consumers. Also, increasing reliance on natural cosmetics and personal care products is contributing to the fats and oil market growth since the plant and animal-based oils and facts are widely used in skincare, haircare, and other cosmetic products. However, fluctuating raw material prices and regulations on these products may hamper the growth of the fats and oils market. Nevertheless, with the steady growth in the food processing industry and the cosmetic industry, there are opportunities for the market players to invest in this market.
The "Global Fats and Oils Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fats and oils market with detailed market segmentation by type, form, application, and geography. The global fats and oils market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fats and oils market players and offers key trends and opportunities in the market.
The global fats and oils market is segmented on the basis of type, form, and application. On the basis of type, global fats and oils market is bifurcated into vegetable oil and fats. On the basis of form, the fats and oils market is segmented into solid and liquid. The fats and oils market on the basis of the application is classified into food, industrial, animal feed, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fats and oils market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fats and oils market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fats and oils market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fats and oils market in these regions.
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The reports cover various key developments in the global fats and oils market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fats and oils market are anticipated to lucrative growth opportunities in the future with the rising demand for fats and oils in the global market. Below mentioned is the list of few companies engaged in the fats and oils market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fats and oils market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Ajinomoto Co., Inc.
Associated British Foods PLC
Conagra Foods, Inc.
Fuji Oil Holding Inc.
The Archer Daniels Midland Company
Wilmar International Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Ajinomoto Co., Inc.
2. Associated British Foods PLC
3. Bunge Limited
4. Cargill Incorporated
5. Conagra Foods, Inc.
6. Fuji Oil Holding Inc.
7. Olam International
8. The Archer Daniels Midland Company
9. Unilever PLC
10. Wilmar International Limited