Title: Global Vegetable Oil Market Share, Size, Industry Analysis And Forecast 2018-2023
1 Global Vegetable Oil Market Propelled by
Flourishing Food Industry
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3Report Description and Highlights
Report Description
Global Vegetable Oil Market Propelled by
Flourishing Food Industry The global vegetable
oil market is currently witnessing a positive
growth. This is due to the changing lifestyles,
improving dietary habits, and rising awareness
among consumers about various health benefits
offered by vegetable oil such as enhanced
metabolism and prevention of several
diseases. Vegetable oil is a form of natural oil
which is sourced from seeds, nuts and fruits of
various plants such as sunflower, peanut, corn
and rapeseed among others. It is composed of fat
and occurs in a liquid state at room temperature.
Vegetable oil is light-yellow in colour with a
mild, tolerable odour. It is generally used in
the preparation of numerous food products such as
pastries and baked goods. In addition, vegetable
oil is used for enhancing the texture of food and
as a medium for several cooking procedures such
as frying. A new research 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 2018-2023, estimates that
the global vegetable oil market reached a volume
of nearly 193 Million Tons in 2017. The report
further projects the market to reach a volume of
more than 235 Million Tons by 2023, at a
projected CAGR of 3.4 over the forecast period.
4Report Description and Highlights
Report Description
- Global Vegetable Oil Market Drivers/Constraints
- There has been an increase in the demand for
natural and organic vegetable oils which is the
result of rising health consciousness among
consumers. This is one of the major factors which
is driving the growth of the market. - Consumers have also become aware about various
health benefits offered by vegetable oil which
include improving metabolism, and preventing the
risk of breast cancer and cardiovascular
diseases. This has, in turn, contributed towards
the propelled demand for vegetable oils across
the globe. - Some of the other factors which are further
fuelling the growth of the global vegetable oil
market include rising demand from emerging
nations, flourishing food industry, improving
living standards and changing dietary habits. - However, the availability of counterfeit products
as well as shrinking land area for oilseeds are
some of the forces which act as hindrance towards
the growth of the market. -
- Read full report_at_ https//www.imarcgroup.com/vege
table-oil-processing-plant
5Report Description and Highlights
Report Description
Oil Type Insights On the basis of oil type,
the market has been segmented into palm oil,
soybean oil, sunflower oil, canola oil, coconut
oil and palm kernel oil. Currently, palm oil
represents the largest oil type as it is a rich
source of saturated fats, vitamins and
antioxidants which offer numerous health
benefits. Regional Insights On a geographical
front, Indonesia represents the biggest region
for the global vegetable oil market. This is due
to the increasing health consciousness among
consumers and flourishing food industry across
the region. Indonesia is followed by the United
States, India, Europe, China, Malaysia and
Brazil. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
610flagB
6Report Description and Highlights
Report Description
- Competitive Landscape
- The market is highly fragmented with the presence
of numerous small and large manufacturers who
compete in terms of prices and quality. Some of
the leading players operating in the market are - ADM
- Bunge
- Cargill
- Louis Dreyfus
- Willmar
-
- Browse more related reports
- Soybean Oil Market https//www.imarcgroup.com/soy
bean-oil-processing-plant - Palm Oil Market https//www.imarcgroup.com/palm-o
il-processing-plant
7Report Description and Highlights
Report Description
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