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.
Access Research Report of Edible Oil
& Fats Market @ 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.
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
·
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
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
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.
For More Information: www.grandviewresearch.com
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