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+4% CAGR Growth to be Achieved by Fats and Oils Market by 2021 According To Latest Research Report

Press Release   •   Feb 10, 2017 06:19 EST

Fats & Oils Market by Type (Palm, Soybean, Rapeseed, Sunflower, and Olive), Animal Fat (Butter, Tallow, and Lard), Application (Food & Industrial), Source (Vegetable & Animal), Form (Liquid & Solid), Brand, and Region - Global Forecast to 2021

The report projects the market to grow at a CAGR of +4% and hit $247.78 billion by 2021

Browse complete details through 117 market data Tables and 74 Figures spread through 206 Pages and in-depth TOC on "Fats & Oils Market by Type (Palm, Soybean, Rapeseed, Sunflower, and Olive), Animal Fat (Butter, Tallow, and Lard), Application (Food & Industrial), Source (Vegetable & Animal), Form (Liquid & Solid), Brand, and Region - Global Forecast to 2021" http://www.rnrmarketresearch.com/fats-and-oils-market-by-type-vegetable-oils-palm-soybean-sunflower-rapeseed-olive-animal-fats-lard-tallow-butter-application-bakery-confectionery-salad-dressing-snacks-savory-spre-market-report.html

The report is helpful in following ways

To define, segment, and measure the fats & oils market based on its type, source, form, application, and region

To provide detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

To strategically analyze the micro markets with respect to individual growth trends, future prospects, and contribution to the total market

To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To project the size of the market, in terms of value (USD billion) and volume (million tons) in the four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW)

To project the market size, in terms of value (USD billion) and volume (million tons), on the basis of key type(palm oil, soybean oil, sunflower oil, rapeseed oil, olive oil, and others), fat (butter, shortenings & margarine, lard, tallow, and others), source (vegetable and animal), application (bakery & confectionery, processed foods, biodiesel and others), and form (solid and liquid)

To strategically profile the key players and comprehensively analyze their market share and core competencies

To analyze competitive developments such as expansions & investments, partnerships, agreements, joint ventures & collaborations, new product launches, and acquisitions in the fats & oils market

The fats & oils market is projected to grow at a CAGR of 4.4%, in terms of value, from 2016 to reach a projected value of USD 247.78 billion by 2021.

This Report Is Beneficial For

Fat & oil manufacturers

Fat & oil importers and exporters

Fat & oil traders, distributors, and suppliers

Government and research organizations

Commercial research & development institutes

Raw material suppliers and distributors

few insights and data that the report provide are

Vegetable Oils Market Size, By Type, 2014–2021 (USD Billion) and (Million Tons)

Palm Oil Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Soybean Oil Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Sunflower Oil Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Rapeseed Oil Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Olive Oil Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Other Oils Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Fats Market Size, By Type, 2014–2021 (USD Billion) and (Million Tons)

Butter & Margarine Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Lard Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Tallow & Grease Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Other Fat Types Market Size, By Region, 2014–2021 (USD Billion) and (Million Tons)

Fats & Oils Market Size, By Source, 2014-2021 (USD Billion) and (Million Tons)

Vegetable Fats & Oils Market Size, By Region, 2014-2021 (USD Billion) and (Million Tons)

Animal Fats Market Size, By Region, 2014-2021 (USD Billion) and (Million Tons)

Fats & Oils Market Size, By Form 2014–2021 (USD Billion) and (Million Tons)

Liquid Fats & Oils Market Size, By Region, 2014–2021 (Million Ton) and (Million Tons)

Fats & Oils Market Size, By Application, 2014-2021 (USD Billion) and (Million Tons)

Types of Spreads & Their Descriptions

Food Market Size, By Region, 2014-2021 (Million Tons) and (Million Tons)

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Based on vegetable oil type, the global vegetable oil market is estimated to be led by the palm oil segment, followed by soybean oil and rapeseed oil. Palm oil has emerged as the most widely used vegetable oil for edible purposes, particularly in China, which is one of the largest consumer of vegetable oils. The demand for palm oil is growing, because of increase in industrial applications such as biodiesel and oleochemicals.

Based on fat type, the butter & margarine segment accounted for the largest market share in 2015. The global demand for butter is higher when compared to that for margarine, due to the growth in preference for natural products such as butter. Factors such as change in customer habits and price difference between butter & margarine also drive the demand for butter.

The Asia-Pacific region accounted for the largest share, in terms of both value and volume, in the global fats & oils market, in 2015. Increase in population and growth in consumption of fats & oils, especially in Asian countries such as China and India, are projected to augment the growth of the fats & oils market in the Asia-Pacific region. Growth in population and development of food and non-food industries in the Asia-Pacific region demand more fats & oils than other end-use industries in the world.

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The global market for fats & oils is dominated by large players such Archer Daniels Midland Company (U.S.), Bunge Limited (U.S.), Cargill, Incorporated (U.S.), International Foodstuff Company Holdings Limited (UAE), and Wilmar International Limited (Singapore). Other players in this segment include Associated British Foods PLC (U.K.), Ajinomoto Co., Inc. (Japan), ConAgra Foods, Inc. (U.S.), Unilever PLC (U.K.), and United Plantations Berhad (Malaysia).