Report
Description
A recent market intelligence report that is published by
Data Insights Partner on the global vegetable oil market makes an offering of
in-depth analysis of segments and sub-segments in the regional and
international market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global vegetable oil market
over the short as well as long period of time. A detailed presentation of
forecast, trends, and dollar values of the global market is offered. In
accordance with the report, the vegetable oil market is projected to expand at
a CAGR of 5.14% over the period of forecast.
Market
Insight, Drivers, Restraints & Opportunity of the Market:
Vegetable oils are edible lipid materials, found in
liquid form at room temperature, extracted from different parts of fruits and
vegetables, primarily from seeds. They are chemically composed of
triglycerides. There are also inedible kinds of vegetable oil jatropha,
microalgae, neem, karanja, rubber seed, mahua, silk cotton tree, etc.
The key driver of growth in the edible vegetable oil
market is in its culinary applications such as baking, frying, as an ingredient
of margarine and processed foods. They are also used for health benefits, they
are used as fuel. Recently vegetable oils serve as a main component in several
manufactured products such as soap, candles, perfumes and other skin and
cosmetic products. The driver of the inedible vegetable oil is the increasing
demand for natural non-trans-fat oil and biofuels. Inedible vegetable oil used in the biodiesel
feedstock market ranks second in generating revenue for vegetable oil,
contributing about 13% of the total vegetable oil market revenues. Other uses
include various procured goods such as lubricants, paints and pharmaceuticals.
The key restrain to the growth of the market is imposed
by the presence of toxic fatty acids in vegetable oils such as sunflower oil,
canola oil and soybean oil which may cause cancer and digestive diseases.
Common use of adulterations in these edible vegetable oils has several adverse
effects which concerns the consumers. Additionally consuming large quantities
of vegetable oil may lead to obesity. This serves as a key restraint to the
growth of this market over the forecast period.
Inedible vegetable has an immense potential in the coming
years as it serves as a substitute for mineral oil, which is sourced from
petroleum, a finite resource. Edible vegetable oil is expected to witness growth
owing to the rising traction of unprocessed, organic, unrefined and healthy
oil. Heightened health awareness among people across nations predicts high
response to vegetable oils with low cholesterol, fat and calories. Biodiesel
being environment friendly and easily synthesised from edible and inedible oils
serves as an attractive alternative fuel and has great scope in the future.
Asia-Pacific region currently dominates global vegetable oil consumption.
Generation of biofuel and biodiesel feedstock requirement are expected to be
the drivers in the application segment. China and India are leading the
Asia-Pacific market, increasing the demand for vegetable oils. Changing
lifestyles, growth in economy is boosting the demand for convenience food
sector and in turn the demand for vegetable oil.
Segment
Covered:
This market intelligence report on the global vegetable
oil market is segmented based on edibility, source, application, end user, and
country/regions.
In terms of
edibility, the global vegetable oil market
is segregated
into
§ Food grade or Edible
§ Industrial or Inedible
In terms of
source, the global vegetable oil market is categorised into
§ Palm
§ Palm kernel
§ Soybean
§ Rapeseed
§ Sunflower
§ Others
In terms of
application, the global vegetable oil market is categorised into
§ Baking and frying
§ Salads and cooking oils
§ Margarine and other spreads
§ Processed and frozen foods
§ Fatty ingredients
§ Others
By end user, the
global vegetable oil market is also
classified into,
§ Food industry
§ Cosmetic industry
§ Biofuel industry
§ Pharmaceutical industry
By country/region, the global vegetable oil
market has been divided into
§
North America (the U.S., Canada),
§
Latin America (Brazil, Mexico, Argentina and other countries),
§
Europe (Germany, France, the U.K., Spain, Italy, Russia, and other
countries),
§
Asia Pacific (India, Japan, China, Australia and New Zealand and other
countries),
§
Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling
of Market Players:
This business intelligence report offers profiling of
reputed companies that are operating in the market. Companies such as
§ Archer Daniel Midland Company
§ ACH Foods Company Inc.
§ Cargill Agricola S.A.
§ Bunge North America Inc.
§ Chinatex Corporation
§ ConAgra Foods Inc.
§ J-Oil Mills Inc.
§ Carapelli Firenzi S.P.A
§ CHS Inc.
§ Richardson Oilseed Ltd.
Other players have been profiled into detail so as to
offer a glimpse of the market leaders. Moreover, parameters such as vegetable
oil market related investment & spending and developments by major players
of the market are tracked in this global report.
Report
Highlights:
In-depth analysis of the micro and macro indicators,
market trends, and forecasts of demand is offered by this business intelligence
report. Furthermore, the report offers a vivid picture of the factors that are
steering and restraining the growth of this market across all geographical
segments. In addition to that, Growth Matrix analysis is also provided in the
report so as to share insight of the investment areas that new or existing
market players can take into consideration. Various analytical tools such as
DRO analysis, Porter's five forces analysis has been used in this report to
present a clear picture of the market. The study focuses on the present market
trends and provides market forecast from the year 2020-2028. Emerging trends
that would shape the market demand in the years to come have been highlighted
in this report. A competitive analysis in each of the geographical segments
gives an insight into market share of the global players.
Salient
Features:
Ø This study offers comprehensive yet detailed analysis of vegetable oil market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various
market segments and attractive matrix of investment proposition for the said
market
Ø This market intelligence report also offers pivotal
insights about various market opportunities, restraints, drivers, launch of new
products, competitive market strategies of leading market players, emerging
market trends, and regional outlook
Ø Profiling of key market players in the market of vegetable oil is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø Leading market players covered this report comprise names
such as Carapelli Firenzi S.P.A, CHS Inc., and Richardson Oilseed Ltd. and many
more.
Ø The data of this report would allow management
authorities and marketers of companies alike to take informed decision when it
comes to launch of products, government initiatives, marketing tactics and
expansion, and technical up gradation
Ø The world market for vegetable oil caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø Research methodologies that have been adopted for the
purpose of this study have been clearly elaborated so as to facilitate better
understanding of the reports
Ø Reports have been made based on the guidelines as
mandated by General Data Protection Regulation
Ø Ample number of examples and case studies has been taken
into consideration before coming to a conclusion.
Reasons
to buy:
v Identify opportunities and plan strategies by having a
strong understanding of the investment opportunities in the vegetable oil
market
v Identification of key factors driving investment
opportunities in the vegetable oil market
v Facilitate decision-making based on strong historic and
forecast data
v Position yourself to gain the maximum advantage of the
industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy
and prospects
v Identify key strengths and weaknesses of important market
participants