HTF MI introduces new research on Fats and Oils covering the micro level of analysis by competitors and key business segments (2024-2030). The Fats and Oils explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing.
Some of the major key players profiled in the study are Cargill Inc. (United States), Archer Daniels Midland Company (ADM) (United States), Bunge Limited (United States), Wilmar International Limited (Singapore), IOI Group (Malaysia), Astra Agro Lestari (Indonesia), Louis Dreyfus Company (Netherlands), Sime Darby Plantation Berhad (Malaysia), Golden Agri-Resources Ltd. (Singapore), Musim Mas Holdings (Singapore), Buhler Group (Switzerland).
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The global Fats and Oils market size is expanding at robust growth of 6.3%, sizing up market trajectory from USD 235.59 Billion in 2023 to USD 364.19 Billion by 2029.
Definition:
Fats and oils are important components of the diet because they provide concentrated amounts of energy and act as transporters for fat-soluble vitamins such as A, D, E, and K. They are organic molecules that belong to the lipid class of chemicals. At normal temperature, fats are solid while oils are liquid. Olive oil, sunflower oil, butter, and fish oil are examples of these compounds produced from plant and animal sources. They constitute a large amount of daily calorie intake and are essential for fat-soluble vitamin absorption. Consumers are choosing healthier alternatives as they become more aware of the health advantages of unsaturated fats such as omega-3 fatty acids contained in fish oil.
On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It’s crucial you stay up with the latest sectioned by Applications [Food & Beverages, Pharmaceuticals, Animal Feed, Personal Care & Cosmetics, Others], Product Types [Soybean, Palm, Sunflower, Olive, Rapeseed] and some significant parts of the business.
Market Drivers:
- The growing awareness of health benefits associated with unsaturated fats
- Increasing population and changing dietary habits in emerging economies worldwide
Market Opportunities:
- Innovations in processing techniques and the development of functional food products
- The rising demand for biofuels and renewable energy sources
Market Restraints:
- Innovations in processing techniques and the development of functional food products
- The rising demand for biofuels and renewable energy sources
Market Challenges:
- Innovations in processing techniques and the development of functional food products
- The rising demand for biofuels and renewable energy sources
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Fats and Oils Market by Key Players: Cargill Inc. (United States), Archer Daniels Midland Company (ADM) (United States), Bunge Limited (United States), Wilmar International Limited (Singapore), IOI Group (Malaysia), Astra Agro Lestari (Indonesia), Louis Dreyfus Company (Netherlands), Sime Darby Plantation Berhad (Malaysia), Golden Agri-Resources Ltd. (Singapore), Musim Mas Holdings (Singapore), Buhler Group (Switzerland)
Fats and Oils Market by Geographical Analysis:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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