Revenues from Specialty Fats and Oils Sales in APEJ will Account for over Half Revenue Share of the Market by 2026-end
Revenues from Specialty Fats and Oils Sales in APEJ will Account for over Half Revenue Share of the Market by 2026-end
Published by top news
Posted on August 19, 2021
According to Fact.MR, Sales of Fats and Oils is staring at a promising future with projected CAGR growth of 3% during the forecast period
Volume sales of fats & oils across the globe are estimated to exceed 100,000,000 tons by 2026-end. Changing consumer dietary habits, proliferating adoption of processed food, and increasing consumption of convenience food and fast food increased the sales of fats and oils.
However, health concerns apropos to excessive consumption of fats and oils will impede their adoption in the near future.
To remain ‘ahead’ of your competitors, request a sample
7 Key Takeaways from Fact.MR’s Report on Fats and Oils Market for Forecast Period 2017-2026
In terms of value, sales of fats and oils in Asia-Pacific excluding Japan (APEJ) is expected to remain relatively larger than those in all the other regional segments combined. Revenues from fats and oils sales in APEJ will account for over half revenue share of the market by 2026-end.
Europe will also account for a large revenue share of the market during 2017 to 2026. In terms of value, the fats and oils market in North America will remain more lucrative than that in Latin America, however Latin America will register a comparatively faster expansion in the market than North America through 2026.
In terms of value, edible vegetable oils will continue to be the most remunerative product in the market, trailed by animal fat. However, sales of palm oil will register a relatively faster expansion in the market through 2026.
Although industrial end-users of fats and oils will continue to account for largest market revenue share, the revenues from residential end-users in the market will reflect a comparatively higher CAGR through 2026.
Animal-sourced fats and oils are anticipated to remain preferred among end-users in the market, with revenues estimated to remain slightly larger than those from vegetable-sourced fats and oils.
Liquid form of fats and oils will be sought-after in the market, with revenues estimated to reach nearly US$ 60,000 Mn by 2026-end. Although solid form of fats and oils dominated the market in 2017, their demand is expected to witness a slight decline during the forecast period.
Key market players supporting expansion of the global fats and oils market include Cargill, Inc., International FoodStuff Company Limited, Wilmar International Limited, Archer Daniels Midland Company, Bunge Limited, United Plantations Berhad, Ajinomoto Co. Inc., and Associated British Food Plc.
The global Fats and Oils market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Key Players
Associated British Food Plc
Ajinomoto Co. Inc.
United Plantations Berhad
Bunge Limited
Archer Daniels Midland Company
Wilmar International Limited
International FoodStuff Company Limited
Cargill Inc.
Some important questions that the Fats and Oils Market report tries to answer exhaustively are:
Key strategic moves by various players in the Fats and Oils Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
Which strategies will enable top players in the Fats and Oils Market to expand their geographic footprints
Which new business models are expected to change the course of growth of key regional markets in near future
Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
Which products segments have in recent years have seen new, lucrative application areas
Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.
Why Choose Fact.MR?
Deliver updated information on the current industry trends
Available 24/7 to facilitate clients with unbiased solutions
Embrace digital technologies to offer accurate business ideas
Exhaustive supply chain augmentation analysis
Provide reports strictly according to the requirements of the clients
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact: US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
According to Fact.MR, Sales of Fats and Oils is staring at a promising future with projected CAGR growth of 3% during the forecast period
Volume sales of fats & oils across the globe are estimated to exceed 100,000,000 tons by 2026-end. Changing consumer dietary habits, proliferating adoption of processed food, and increasing consumption of convenience food and fast food increased the sales of fats and oils.
However, health concerns apropos to excessive consumption of fats and oils will impede their adoption in the near future.
To remain ‘ahead’ of your competitors, request a sample
7 Key Takeaways from Fact.MR’s Report on Fats and Oils Market for Forecast Period 2017-2026
In terms of value, sales of fats and oils in Asia-Pacific excluding Japan (APEJ) is expected to remain relatively larger than those in all the other regional segments combined. Revenues from fats and oils sales in APEJ will account for over half revenue share of the market by 2026-end.
Europe will also account for a large revenue share of the market during 2017 to 2026. In terms of value, the fats and oils market in North America will remain more lucrative than that in Latin America, however Latin America will register a comparatively faster expansion in the market than North America through 2026.
In terms of value, edible vegetable oils will continue to be the most remunerative product in the market, trailed by animal fat. However, sales of palm oil will register a relatively faster expansion in the market through 2026.
Although industrial end-users of fats and oils will continue to account for largest market revenue share, the revenues from residential end-users in the market will reflect a comparatively higher CAGR through 2026.
Animal-sourced fats and oils are anticipated to remain preferred among end-users in the market, with revenues estimated to remain slightly larger than those from vegetable-sourced fats and oils.
Liquid form of fats and oils will be sought-after in the market, with revenues estimated to reach nearly US$ 60,000 Mn by 2026-end. Although solid form of fats and oils dominated the market in 2017, their demand is expected to witness a slight decline during the forecast period.
Key market players supporting expansion of the global fats and oils market include Cargill, Inc., International FoodStuff Company Limited, Wilmar International Limited, Archer Daniels Midland Company, Bunge Limited, United Plantations Berhad, Ajinomoto Co. Inc., and Associated British Food Plc.
The global Fats and Oils market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Key Players
Associated British Food Plc
Ajinomoto Co. Inc.
United Plantations Berhad
Bunge Limited
Archer Daniels Midland Company
Wilmar International Limited
International FoodStuff Company Limited
Cargill Inc.
Some important questions that the Fats and Oils Market report tries to answer exhaustively are:
Key strategic moves by various players in the Fats and Oils Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
Which strategies will enable top players in the Fats and Oils Market to expand their geographic footprints
Which new business models are expected to change the course of growth of key regional markets in near future
Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
Which products segments have in recent years have seen new, lucrative application areas
Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.
Why Choose Fact.MR?
Deliver updated information on the current industry trends
Available 24/7 to facilitate clients with unbiased solutions
Embrace digital technologies to offer accurate business ideas
Exhaustive supply chain augmentation analysis
Provide reports strictly according to the requirements of the clients
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact: US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583
Corporate Headquarter: Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates E: sales@factmr.com Website: https://www.factmr.com
