Global Oils and Fats Market 2015-2019

Global Oils and Fats Market 2015-2019

Market outlook of the oils and fats market

Technavios market research analyst predicts the oils and fats market to reach a market value of around USD 170 billion by the end of 2019. The growing usage of high-quality edible oils is driving the growth of this market. Cold pressed oils are high-quality oils as these are pressed at a lower temperature that preserves the flavor and characteristics of the oil. Olive oil is considered as the healthiest oil due to the presence of a high level of monounsaturated fats in it. According to the US International Trade Commissions Report during 2013 on olive oil, the consumption of olive oil in the US has increased by over 650% during the last three decades.

The adverse effects due to excess consumption of oils and fats are expected to pose challenges to the market growth during the forecast period. Most of the oils are high in Omega-6 polyunsaturated fatty acids. These acids if consumed in high quantity result in such as arthritis, cancer, cardiovascular diseases, and diabetes.

Product segmentation and analysis of - oils, solid fats

Oils accounted for nearly 63% of the market share during 2014 and is expected to maintain its dominance until the end of 2019. This segment is further classified as cooking spray, corn oil, olive oil, sunflower oil, vegetable oil, and other edible oils. The growing consumer awareness regarding the health benefits of cooking oils is expected to drive the growth fo this segment by the end of the forecast period.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

Oils
Solid fats
Segmentation by distribution channel and analysis of - food specialists, convenience stores, hypermarkets

Hypermarkets and supermarkets
Convenience stores
Food specialists
Hypermarkets and supermarkets accounted for 61% of the market share during 2014. The value for money and wide choice provided by these stores make them a popular channel among consumers.

Geographical segmentation and analysis of the oils and fats market

Americas
APAC
Eastern Europe
MEA
Western Europe
APAC accounted for 45% of the market share during 2014 and is predicted to retain its leadership until the end of 2019. China and India are the prime contributors to the production of sunflower and soybean oil in this region. The report predicts the market to reach a market value of around USD 89 billion by the end of 2019.

Competitive landscape and key vendors - Bunge, CHS, Unilever, Wilmar

The global oils and fats market is fragmented with numerous vendors, including international and regional players. Vendors compete on the basis of product differentiation, portfolio, and pricing. The market is dominated by six key vendors who have a worldwide presence and have strong brand images for their products in the market.

The leading vendors in the market are -

Associated British Foods
Bunge
CHS
Land O'Lakes
Unilever
Wilmar
Other vendors in the market include Archer Daniels Midland, Arla, Agropur cooperative, Brf Brasil Foods, Behshahr Industrial, Britannia, Cargill, Carapelli Firenze, China National Cereals, COFCO, ConAgra Foods, Dairy Crest, Deoleo, Fonterra Brands, Goodman Fielder, Gujarat Co-operative Milk Marketing Federation, IFFCO, Kerry Group, Mother Dairy, Monini, The Nisshin OilliO Group, Parmalat, PT Salim Ivomas Pratama Tbk, Ruchi Soya, Saudi Vegetable Oil & Ghee, Strauss, Willowton Group, Yihai Kerry Oils & Grains, and Yug Rusi.

Key questions answered in the report include

What will the market size and the growth rate be in 2019
What are the key factors driving the oils and fats market
What are the key market trends impacting the growth of the oils and fats market
What are the challenges to market growth
Who are the key vendors in the oils and fats market
What are the market opportunities and threats faced by the vendors in the oils and fats market
Trending factors influencing the market shares of the Americas, APAC, Eastern Europe, MEA, and Western Europe
What are the key outcomes of the five forces analysis of the oils and fats market
Technavio also offers customization on reports based on specific client requirement.

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Press Release

Technavio Announces the Publication of its Research Report – Global Oils and Fats Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Oils and Fats Market: Associated British Foods, Bunge, CHS, Land O'Lakes, Unilever and Wilmar

Other Prominent Vendors in the market are: Archer Daniels Midland, Arla, Agropur cooperative, Brf Brasil Foods, Behshahr Industrial, Britannia, Cargill, Carapelli Firenze, China National Cereals, COFCO, ConAgra Foods, Dairy Crest, Deoleo, Fonterra Brands, Goodman Fielder, Gujarat Co-operative Milk Marketing Federation, IFFCO, Kerry Group, Mother Dairy, Monini, The Nisshin OilliO Group, Parmalat, PT Salim Ivomas Pratama Tbk, Ruchi Soya, Saudi Vegetable Oil & Ghee, Strauss, Willowton Group, Yihai Kerry Oils & Grains, and Yug Rusi.

Commenting on the report, an analyst from Technavio’s team said: “Clean label recipes that are trending in global and mature markets are defined as modified foods with simpler labelling and ingredients. In November 2014, Unilever's US foods division introduced buttery spread varieties that were made with real and simple ingredients. They were the first buttery spreads from Unilever that were made with non-GM sourced ingredients.”

According to the report, increasing work pressure and shortage of time have led to an increase in demand for packaged and convenience food, which in turn has driven the sales of oils and fats. These food items have already been processed, and therefore it takes less less time and effort to cook them. Consumers are willing to spend more on convenience foods as their lifestyles have changed and they have less time to cook.

Further, the report states that the market faces challenges in terms of adverse health effects from trans fats and saturated oil due to excessive consumption.

Companies Mentioned

Associated British Foods, Bunge, CHS, Land O'Lakes, Unilever, Wilmar, Archer Daniels Midland, Arla, Agropur cooperative, Brf Brasil Foods, Behshahr Industrial, Britannia, Cargill, Carapelli Firenze, China National Cereals, COFCO, ConAgra Foods, Dairy Crest, Deoleo, Fonterra Brands, Goodman Fielder, Gujarat Co-operative Milk Marketing Federation, IFFCO, Kerry Group, Mother Dairy, Monini, The Nisshin OilliO Group, Parmalat, PT Salim Ivomas Pratama Tbk, Ruchi Soya, Saudi Vegetable Oil & Ghee, Strauss, Willowton Group, Yihai Kerry Oils & Grains, and Yug Rusi.

  • Executive summary
  • Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global oils and fats market segmentation
    • Market size and forecast by revenue
      • Table Global oils and fats market 2014-2019 ($ billions)
    • Market size and forecast by volume
      • Table Global oils and fats market 2014-2019 (million metric tons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Global oils and fats market by product type 2014-2019 ($ billions)
    • Table Global oils and fats market by product type 2014-2019
    • Global oils market
      • Table Global oils market segmentation
      • Table Global oils market 2014-2019 ($ billions)
      • Table Global oils market by product type 2014
      • Table Major producers of sunflower oil 2013-2014 and 2014-2015
      • Table Major producers of soybean oil
      • Table Major sunflower oil exporters
      • Table Major sunflower oil importers
      • Table Major soybean oil exporters
      • Table Major soybean oil importers
    • Global solid fats market
      • Table Global solid fats market segmentation
      • Table Global solid fats market 2014-2019 ($ billions)
      • Table Global solid fats market by product type 2014
  • Market segmentation by distribution channel
    • Table Global oils and fats market by distribution channel 2014
  • Geographical segmentation
    • Table Global oils and fats market by geography 2014-2019
    • Table Global oils and fats market by geography 2014-2019 ($ billions)
    • Oils and fats market in APAC
      • Table Oils and fats market in APAC 2014-2019 ($ billions)
    • Oils and fats market in Americas
      • Table Oils and fats market in Americas 2014-2019 ($ billions)
    • Oils and fats market in Western Europe
      • Table Oils and fats market in Western Europe 2014-2019 ($ billions)
    • Oils and fats market in Eastern Europe
      • Table Oils and fats market in Eastern Europe 2014-2019 ($ billions)
    • Oils and fats market in MEA
      • Table Oils and fats market in MEA 2014-2019 ($ billions)
  • Key leading countries
    • Table Key leading countries 2014
    • Oils and fats market in China
      • Table Oils and fats market in China 2014 and 2019 ($ billions)
    • Oils and fats market in Brazil
      • Table Oils and fats market in Brazil 2014 and 2019 ($ billions)
    • Oils and fats market in US
      • Table Oils and fats market in US 2014 and 2019 ($ billions)
    • Oils and fats market in India
      • Table Oils and fats market in India 2014 and 2019 ($ billions)
  • Market drivers
    • Table Major drivers in global oils and fats market
    • Developing economies driving cooking oil and fats market
    • Increasing usage of high-quality edible oils
    • Increasing consumption of processed foods
    • Health benefits associated with consumption of olive oil
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Challenges in global oils and fats market
    • Adverse health effects due to excess consumption of oils and fats
    • High cost of raw materials
    • Adulterated and mislabelled products
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Major trends in global oils and fats market
    • Adoption of cooking sprays
    • Globalization of olive oil industry
    • Boost in productivity of GM plants
    • Innovation in clean label butter
    • Increasing demand for organic oil
  • Vendor landscape
    • Other prominent vendors
  • Key vendor analysis
    • ABF
      • Table ABF: Business segmentation by revenue 2014
      • Table ABF: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table ABF: Geographical segmentation by revenue 2014
    • Bunge
      • Table Bunge: Business segmentation by revenue 2014
      • Table Bunge: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Bunge: Geographical segmentation by revenue 2014
    • CHS
      • Table CHS: Business segmentation by revenue 2014
      • Table CHS: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table CHS: Geographical segmentation by revenue 2014
    • Land O'Lakes
      • Table Land O'Lakes: Product segmentation
      • Table Land O'Lakes: Business segmentation by revenue 2014
      • Table Land O'Lakes: Business segmentation by revenue 2013 and 2014 ($ billions)
    • Unilever
      • Table Unilever: Business segmentation 2014
      • Table Unilever: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Unilever: Geographical Segmentation by revenue 2014
    • Wilmar
      • Table Wilmar: Business segmentation by revenue 2014
      • Table Wilmar: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Wilmar: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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