Edible oil fortification is a process of deliberately increasing the essential micronutrients' content to improve the nutritional quality of the oil and offer a health benefit with negligible health risk. This is done by adding minerals and Vitamins. All kinds of edible oils can be cottonseed, fortified soybean, palm olein, mustard, groundnut, etc.
MARKET DYNAMICS
Growing health awareness among individuals is a major factor expected to drive the global market growth. An increase in the utilization of fortified edible oils as cooking oil is projected to achieve maximum penetration in the near future. Furthermore, increasing vitamin deficiency concerns such as vitamin A deficiency (VAD) because of individuals' busy lifestyles is also expected to propel the global fortified edible oils market. However, high prices of fortified edible oils, compared to normal edible oils, may act as a key restraining factor for the global fortified edible oils market.
MARKET SCOPE
The "Global Fortified Edible Oils Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fortified edible oils market with detailed market segmentation by product type, micronutrient, distribution channel, and geography. The global fortified edible oils market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fortified edible oils market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fortified edible oils market is segmented on the basis of product type, micronutrient, distribution channel. On the basis of product type, the fortified edible oils market is segmented into palm oil, soybean oil, sunflower oil, olive oil, corn oil, canola oil, rice bran oil, and other oils. On the basis of micronutrient, the fortified edible oils market is segmented into vitamin A, vitamin D, vitamin E, and others. On the basis of distribution channel, the fortified edible oils market is segmented into supermarkets & hypermarkets, grocery stores, online, specialty stores, 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 fortified edible oils market based on various segments. It also provides marketsize 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 Fortified edible oils 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 fortified edible oils market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 fortified edible oils market in these regions.
MARKETPLAYERS
The reports cover key developments in the fortified edible oils 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fortified edible oils market are anticipated to lucrative growth opportunities in the future with the rising demand for fortified edible oils in the global market. Below mentioned is the list of few companies engaged in the fortified edible oils market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the fortified edible oils 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.
Adani Wilmar
Archer Daniels Midland Company
Bunge Limited
Conagra Brands, Inc.
BASF SE
Cargill Incorporated
Nestle S.A.
Ruchi Soya Industries Limited
Liberty Oil Mills
Lam Soon Group and Borges International Group.
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.