Cooking oils and fats are made up of saturated, poly-saturated, and mono-saturated fatty acids. Saturated fats increase the body cholesterol levels, while mono-saturated and poly-saturated fats tend to lower cholesterol level in the body.
The growing demand for cooking oils and fats in developing countries such as India, Indonesia and Argentina is the primary factor that is driving the demand for the market. The rise in the disposable income of the consumers and the growing busy lifestyle of the consumer is secondary reason which is driving the demand for processed foods and ready to drink beverages worldwide. This factor, in turn is driving the demand the market worldwide. Additionally, rising use of high quality edible oils related with the moderate consumption of oils and fats is also another key factor that is driving the demand for the market.
Inordinate consumption of fats and oils pose as a significant threat to the market. Processed foods like French Fries, Pizzas, and Doughnuts have a large number of trans-fats that is not healthy, if consumed regularly. The consumption of trans-fats increases the LDL in the body. Additionally, consumption of trans-fats raise the incidences of numerous heart diseases, type 2 diabetes and cancer. Furthermore, the high price of raw materials makes the entry of a new player in the market extremely difficult.
The market is segmented by form, by source, by type, and by application. By form the market is segmented into liquid and solid. The liquid segment dominated the market in 2015, and is projected to be the fastest-growing segment as oils are largely consumed for cooking purposes and in biodiesel, where liquid form is preferred over solid. The crystalline form of the fat has a considerable effect on the melting point and the performance of the fat in different applications in which it is used. By source the market is categorized into vegetable and animal. By application the market is categorized into Bakery & Confectionary, and Processed. Processed Food is further sub-segmented into Snacks & Savoury, R.T.E Foods/Convenience Foods, Sauces, Spreads, and Dressings, and others (Incl. Meat Products). By type the market is segmented into oil and fat.
Oil is further sub-segmented into palm oil, soybean oil, sunflower oil, rapeseed oil, olive oil, and other oils. Fats are further sub-segmented into Butter & Margarine, Lard, Tallow, and others. By vegetable oil type, the market is projected to be dominated by the palm oil category, followed by soybean oil and rapeseed oil. Palm oil has emerged as the most commonly utilized vegetable oil for edible purposes, especially in China, which is one of the biggest consumer of vegetable oils. The demand for palm oil is rising, owing to rise in industrial applications like biodiesel and oleo chemicals. By fat type, the butter & margarine segment commanded the largest market share in 2015. The demand for butter is greater in contrast to that for margarine, owing to the growth in preference for natural products like butter. Factors like change in customer habits and price difference between butter & margarine also fuel the demand for butter.
Market Segmentation
Form
Introduction
Solid
Liquid
Y-o-Y Growth Analysis, By Form
Market Attractiveness Analysis, By Form
Market Share Analysis, By Form
Type
Introduction
Oil
i. Palm Oil
ii. Soybean Oil
iii. Rapeseed Oil
iv. Sunflower Oil
v. Olive Oil
vi. Others
a. Coconut Oil
b. Cottonseed Oil
c. Peanut Oil
Fat
i. Butter
ii. Shortenings & margarine
iii. Lard
iv. Tallow
v. Others
a. Poultry Fats
b. Suet
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
Source
Introduction
Vegetable
Animal
Y-o-Y Growth Analysis, By Source
Market Attractiveness Analysis, By Source
Market Share Analysis, By Source
Application
Introduction
Bakery & Confectionery
Processed Food
1. R.T.E Foods/Convenience Foods
2. Sauces, Spreads, and Dressings
3. Others (Incl. Meat Products)
Y-o-Y Growth Analysis, By Application
Market Attrativeness Analysis, By Application
Market Share Analysis, By Application .
The Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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