The global edible oil and fats market size is expected to
reach USD 162.51 billion by 2025, according to a new report by Grand View
Research, Inc. Rising popularity of edible oil as a key nutritional constituent
on account of its various benefits including improvement in immune system and
prevention from cardiovascular disorders is projected to drive the demand.
Rising concerns over glutamic disorders in
developed countries including U.S. and Germany is expected to promote the scope
of oilseed-based product forms as vegan alternatives for animal fats.
Furthermore, changing lifestyle coupled with buyer preference for nutrition
enriched food products among middle-class income groups from developing
economies such as China, India, and Thailand is projected to increase the usage
of edible oils over the next eight years.
Offline channels are projected to lead, accounting
for more than 50% of total market share in terms of revenue. Increased
concentration of supermarkets in emerging economies such as China, India,
Mexico, Brazil, and South Africa is projected to provide the consumers a wide
range of options when it comes to edible oils and edible fats.
For full research report on Edible Oil
& Fats Market visit here: https://www.grandviewresearch.com/industry-analysis/edible-oil-fats-market
Further key
findings from the report suggest:
- Oil product segment generated revenue
exceeding USD 60 billion in 2018. Rising importance of calorie-free
products including olive and sunflower as healthier alternatives as
compared to animal-based fats is projected to remain a favorable factor
over the forecast period
- Coconut segment is expected to witness a CAGR
of 7.4% from 2018 to 2025. The product is expected to gain importance on
account of being effective source of amino acids, vitamins, and minerals
- Asia Pacific led with more than 30% of global
market share in terms of revenue in 2018. The high concentration
middle-income age groups in key markets including China, India,
Bangladesh, and Thailand is expected to assist the region maintain the
dominance in near future
- The edible oil and fats market is highly
competitive in nature. Key players include Aceities Borges Pont S.A.; ACH
Food Companies, Inc.; ADM; Avena Nordic Grain Oy; and Cargill Inc.
- Strategic partnerships with the distributors
located in emerging economies with significant buyer base is expected to
remain a critical success factor for the key market participants in the
forthcoming years.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/edible-oil-fats-market/request/rs1
Grand
View Research has segmented the global edible oil and fats market on the basis
of product, distribution channel, and region:
Edible Oil
& Fats Product Outlook (Revenue, USD Million, 2015 - 2025)
- Edible Oil
- Soybean
- Sunflower
- Olive
- Coconut
- Other
- Edible Fats
Edible Oil
& Fats Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Edible Oil
& Fats Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- India
- China
- Central & South
America
- Brazil
- Middle East &
Africa
- U.A.E.
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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