Vegetable Oil Market Share, Size Trends and Forecast 2017-2022

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Vegetable Oil (Palm Oil, Canola Oil, Coconut Oil
and Soybean Oil) Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022
Copyright IMARC. All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
 Global Vegetable Oil Market Influenced by
Diverse Uses in Food and Non-Food Industries The
demand for vegetable oils has witnessed a
considerable growth in recent years as they find
numerous applications in various sectors such as
food, cosmetics, pharmaceuticals, etc. The global
vegetable oil market is further accelerated due
to population growth, improving living standards,
rising demand from developing markets and
changing dietary habits. The latest report by
IMARC Group, titled Vegetable Oil (Palm Oil,
Canola Oil, Coconut Oil and Soybean Oil) Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2017-2022, finds that
the global vegetable oil market has grown at a
CAGR of around 4 during 2009-2016 with the
consumption volume of reaching 178 Million Tons
in 2016. Vegetable oils are natural oils
extracted from the nuts, seeds and fruits of the
plants. Vegetable oils contain 100 percent fat,
and usually remain in liquid state, even at
fairly low temperatures. They are most commonly
used to improve the texture of bakery products
as a medium for cooking procedures such as
frying as a base for flavoured content and in
the form of constituents in margarine,
shortening, etc. They also serve as a good
alternative for people who avoid using oils
loaded with animal-based fats. Apart from this,
vegetable oils find a number of applications in
non-food industries as well. Other uses of
vegetable oils include in the manufacturing
process of cosmetics, pharmaceuticals, soaps,
detergents, etc. According to the report, the
market is further expected to reach a volume of
235 Million Tons by 2022, growing at a CAGR of
around 5 during 2017-2022.
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Report Description and Highlights
Report Description
The report examines numerous growth inducing
factors driving the global vegetable oil market.
The market is gaining impetus from growing health
consciousness of consumers due to which there is
a strong demand for healthy, organic and natural
(unprocessed/unrefined) vegetable oils. It has
also been found that vegetable oils help in
decreasing the risk of cardiovascular diseases
and breast cancer, and improve metabolism. Some
of the other factors influencing the growth of
the market are population growth, improving
living standards, rising demand from developing
markets, changing dietary habits, growth in the
food sector and an increasing demand for
biodiesel production. The report has segmented
the market on the basis of product type,
including palm oil, soybean oil, canola oil,
sunflower oil, coconut oil, etc. Palm oil
represents the largest segment accounting for the
majority of total vegetable oil consumption
volumes. On the basis of application, vegetable
oils are mostly used in the food sector, followed
by the industrial and biofuel sectors. The report
also offers a thorough evaluation of the key
regions. Currently, Indonesia represents the
largest producer of vegetable oils followed by
China, Malaysia and the European Union. On the
other hand, China is currently the largest
consumer of vegetable oils accounting for nearly
one-fifth of the total global vegetable oil
consumption followed by the European Union,
India, United States and Indonesia. An analysis
of the competitive landscape is also provided
with some of the key players being, ADM, Louis
Dreyfus, Bunge, Cargil and Wilmar. Get Sample of
the Report http//www.imarcgroup.com/request?type
reportid610flagB
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description
This report provides a detailed technical insight
on setting up and operating a vegetable oil
processing plant. It covers all the prerequisites
of the vegetable oil industry and provides a
comprehensive analysis of the market, industry
performance, processing and manufacturing
requirements, project cost, project funding,
project economics, expected returns on
investment, profit margins, etc. This report is a
must-read for entrepreneurs, investors,
researchers, consultants, business strategists,
and all those who have any kind of stake or are
planning to foray into the vegetable oil industry
in any manner. Browse full report with TOC _at_
http//www.imarcgroup.com/vegetable-oil-processing
-plant Find more reports related to Food
Beverages Industry _at_ http//www.imarcgroup.com/cat
egories/food-beverages-market-reports
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Report Description and Highlights
Report Description

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