Margarine & Cooking Oil Processing in the US - Industry Market Research Report
Description
Margarine & Cooking Oil Processing in the US
Margarine and cooking oil processors produce vegetable oil, shortening, margarine and starches for sale to food service establishments, food and energy producers, wholesalers and retailers. The industry grew volatile as input prices fluctuated heavily. Amid the pandemic, high prices of key agricultural inputs drove revenue. Processors also encountered elevated demand for the industry's products, particularly nonperishable ones, in 2020 as the pandemic caused consumer stockpiling habits. Overall, revenue is anticipated to swell at a CAGR of 5.5% to $90.0 billion over the five years to 2023, despite 4.7% dip in 2023 alone, as recovering agricultural inventories cause the industry's selling prices to drop.
Operators in this industry produce vegetable oil, shortening and margarine. Activities include wet milling corn and vegetables, crushing oilseeds and tree nuts, refining and blending vegetable oils and blending purchased animal fats with vegetable fats. The industry also includes starch production.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Margarine and cooking oil processors produce vegetable oil, shortening, margarine and starches for sale to food service establishments, food and energy producers, wholesalers and retailers. The industry grew volatile as input prices fluctuated heavily. Amid the pandemic, high prices of key agricultural inputs drove revenue. Processors also encountered elevated demand for the industry's products, particularly nonperishable ones, in 2020 as the pandemic caused consumer stockpiling habits. Overall, revenue is anticipated to swell at a CAGR of 5.5% to $90.0 billion over the five years to 2023, despite 4.7% dip in 2023 alone, as recovering agricultural inventories cause the industry's selling prices to drop.
Operators in this industry produce vegetable oil, shortening and margarine. Activities include wet milling corn and vegetables, crushing oilseeds and tree nuts, refining and blending vegetable oils and blending purchased animal fats with vegetable fats. The industry also includes starch production.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
48 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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