The cooking oils and fats are composed of saturated, polyunsaturated, and monounsaturated fatty acids. Saturated fats increase cholesterol levels in the body, while monounsaturated and polyunsaturated fats tend to decrease cholesterol levels in the body. Polyunsaturated can help protect against heart disease, and omega-6 fatty acids can help with growth and brain function, whereas monounsaturated fats can also help reduce the risk of breast cancer and rheumatoid arthritis pain.
MARKET DYNAMICS
Increased household use of cooking oils and fats in food services fuels the demand for cooking oils and fats. The increase in the global population has led to an increase in the consumption of cooking oils and fats, fueling the growth of the demand for cooking oils and fats during the forecast period. Cooking oils and fats are the main components of an individual's daily diet. Moreover, oils and fats are calorie-dense macronutrients and are the main sources of essential fatty acids and are also strong carriers of fat-soluble vitamins A, D, E, and K and are commonly used in the bakery and dairy industries. In addition, rising awareness of obesity and its association with heart disease and diabetes is responsible for a changing food trend among consumers. Cooking oils and fat manufacturers have focused on producing healthier products, including low-cholesterol and low-carbohydrate foods, on meeting the growing demand of health-conscious consumers.
MARKET SCOPE
The "Global Cooking Oils & Fats Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cooking oils & fats market with detailed market segmentation by product type, source, application, and geography. The global Cooking Oils & Fats market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cooking Oils & Fats market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Cooking Oils & Fats market is segmented on the basis of product type, source, and application. On the basis of product type the global cooking oils & fats market is segmented into oils (olive oil, sunflower oil, soyabean oil, and others) and fats (butter, lard & tallow, and others). Based on source the global cooking oils & fats market is segmented into plant and animal. Based on application the global cooking oils & fats market is segmented into bakery and confectionery, sauces, spreads and dressings, convenience foods, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Cooking Oils & Fats market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Cooking Oils & Fats market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Cooking Oils & Fats market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Cooking Oils & Fats market in these regions.
MARKET PLAYERS
The reports cover key developments in the Cooking Oils & Fats market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Cooking Oils & Fats market are anticipated to lucrative growth opportunities in the future with the rising demand for Cooking Oils & Fats Market in the global market. Below mentioned is the list of few companies engaged in the cooking oils & fats market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cooking oils & fats market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Unilever PLC
- Cargill, Inc.
- International Foodstuff Company Limited
- United Plantations Berhad
- Wilmar International Limited
- Archer Daniels Midland Company
- Associated British Foods plc
- Bunge Limited
- CHS Inc.
- ConAgra Foods Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.