Vegetable Oil Market Outlook - Market size, segmentation, market share and competitive landscape (2016-2021)
The Global Vegetable oil market was estimated to be USD XX billion in 2015 and expected to reach USD XX billion by 2021 at a CAGR of XX% during the forecasted period 2016-2020. Vegetable oils are purified fats of plant origin. They are essential ingredient in many foods and available in solid and liquid form. Liquid vegetable oils is used for cooking, frying, baking etc. and Solid vegetable oil is used for manufacturing non-food products such as cosmetics, soaps and candles.
Demand for vegetable oils in bio fuel feed stock, Raising health concerns on trans-fat, Increasing consumption in Asia pacific region and Robust demand for palm oil globally are also major contributors of the market. However, despite of the growing volume presence of counterfeit markets and growing concerns over environmental impacts of palm logging are hindering the market growth. Olive oil and Rapeseed oil are the fastest growing types due to raising demand for weight management and low calorie oils and the major applications of the market fall in food with 70% of share. Asia pacific is the major market for vegetable oils and expected to continue its dominance over the next few years, due to huge demand from food sector.
The report gives a detailed description about the market drivers, restraints and opportunities. The report also touches on various segments of the market based on the Geography, type and application.
Key Deliverable of the study:
Market analysis for the Global Vegetable Oil Market, with region specific assessments and competition analysis on global and regional scales.
Market definition along with overview of drivers, restraints and opportunities.
Extensively researched competitive landscape section along with list of key companies and their market shares.
Identification and analysis of the macro and micro factors that affect the Global Vegetable Oil Market on both global and regional scales.
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