#Frying Adani
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Frying Adani
Now Adani is an Indian business magnate who fell to disrepute with the Hindenburg report claiming that his shares are inflated beyond proportion. Adani built his business empire with the nepotism of the Indian Prime Minister who supplied him with staggering loans from India public sector enterprises like the State Bank of India, the Life Insurance Corporation of India and the Employee’s Provident Fund.
Frying Adani as an idiom means a government supporting a business enterprise with nefarious nepotism.
The Indian democracy is becoming a frying Adani
Give unto Caesar what is his
When Christ was asked whether he should pay taxes, he asked his disciples to take a coin from the fish’s mouth and said the paragon statement: give unto Caesar what is his and give unto me what is mine.
Give unto Caesar as an idiom means God making a providential provision to meet all financial needs.
I would like my experience to become give unto Caesar.
Vikings
Vikings were Nordic race pirates who looted and plundered and explored various places in Europe.
Vikings as an idiom means daring, adventure, passion and triumphant living.
I want to be a Viking of writing.
Woe of Antony
Antony belonging to Kerala is senior Congress leader who sad to his fate, his son did a Judas Iscariot of betrayal by joining the BJP party.
Woe of Antony as an idiom means being betrayed by one’s own family members.
Many in society have become the woe of Antony.
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An In-Depth Look at Indian Palm Oil Imports in 2024
India, the world's largest importer of edible oils, has a substantial reliance on palm oil imports. As of 2024, the country's demand for palm oil remains steady due to its versatile use in food processing, cosmetics, and even biodiesel production. This article will take a closer look at the Indian palm oil imports, importers of palm oil in India, why India is so reliant on palm oil, and who the biggest importers of palm oil are.
Overview of Palm Oil in India
India's population, which crossed the 1.4 billion mark in 2023, continues to expand its consumption patterns, making palm oil a critical component of the country's dietary needs. Indian households and industries use palm oil for cooking, frying, and as a base ingredient in various packaged goods, such as margarine, instant noodles, and baked products. Moreover, its non-food applications in soaps, detergents, and personal care products underscore the importance of palm oil across industries.
Why India Imports Palm Oil
Palm oil is favored not only for its versatility but also for its cost-effectiveness. Compared to other edible oils like sunflower oil or soybean oil, palm oil is cheaper, thanks to its high yield per hectare and its cost-efficient production in tropical regions like Indonesia and Malaysia.
Although India does produce some palm oil, the domestic output falls short of the demand. India's climatic conditions are less suited for large-scale palm plantations compared to tropical countries. The country relies on imports to meet about 70% of its total edible oil demand, and palm oil accounts for the bulk of this figure.
Key Sources of Indian Palm Oil Imports
Historically, India's palm oil imports have come primarily from Indonesia and Malaysia. Together, these two nations account for nearly 90% of the global palm oil supply, making them the natural partners for Indian importers. In recent years, however, other players have started emerging on the radar, albeit in smaller capacities.
Indonesia remains India's largest supplier, providing both crude palm oil (CPO) and refined, bleached, and deodorized (RBD) palm oil. Indonesia's vast palm plantations and competitive pricing make it the primary destination for India's importers.
Malaysia, which had been second to Indonesia in recent years, continues to be a vital partner, especially for refined products. Malaysia’s quality and reputation in the international palm oil market make it a preferred source for Indian refiners looking for premium-quality products.
Importers of Palm Oil in India
The structure of the Indian palm oil market is heavily reliant on a network of refiners and traders who act as the importers of palm oil in India. These companies source crude and refined palm oil from international markets and distribute it throughout the country to meet consumer demand. Some of the key players in the Indian market include:
Adani WilmarOne of the biggest names in the edible oil sector, Adani Wilmar is a major importer of palm oil in India. Its flagship brand, "Fortune," is well-known throughout the country, and a significant portion of its products contain palm oil. Adani Wilmar imports crude palm oil, refines it, and distributes it to both retail and industrial sectors.
Ruchi Soya IndustriesPart of the Patanjali Group, Ruchi Soya is another leading player in the Indian edible oil market. The company has a long history of palm oil imports and is known for its "Nutrela" brand. Ruchi Soya imports significant quantities of crude palm oil, processes it in its extensive refining facilities, and markets it across India.
Emami AgrotechKnown for its edible oil brands like "Healthy & Tasty," Emami Agrotech is another major importer of palm oil. The company imports both crude and refined palm oil, and its brands enjoy significant popularity among Indian consumers.
Cargill IndiaAs a subsidiary of the global giant Cargill, the Indian arm of this multinational corporation is also deeply involved in the palm oil trade. Cargill India imports large quantities of palm oil, leveraging its global supply chain network to meet the demands of Indian consumers.
Godrej AgrovetGodrej Agrovet is a key player in the agricultural and food processing sectors. The company not only imports palm oil but also engages in palm cultivation within India, although its production capacity is limited compared to imports. Its brand portfolio includes various edible oils, with palm oil being a key ingredient.
Trends in 2024: Indian Palm Oil Imports
As of 2024, several factors have shaped the Indian palm oil market, influencing the buying patterns of the biggest importers of palm oil:
Government PoliciesThe Indian government has periodically adjusted import duties on edible oils, including palm oil, to protect domestic producers while ensuring affordability for consumers. In 2024, the government continues to balance between reducing duties to curb inflation and protecting local oilseed farmers.
Shifts in Global PricesGlobal palm oil prices fluctuate due to various factors, including production output in Indonesia and Malaysia, labor shortages, and the impact of environmental policies in producing countries. Any increase in global palm oil prices directly impacts the import costs for India, making it essential for Indian importers to monitor international trends closely.
Growing Environmental ConcernsPalm oil production has been criticized for contributing to deforestation and environmental degradation, especially in Southeast Asia. In response, there has been growing demand for sustainably sourced palm oil. Indian importers are increasingly looking to source palm oil from suppliers that adhere to sustainability standards like the Roundtable on Sustainable Palm Oil (RSPO) certification.
Rise of Domestic ProductionWhile India will continue to depend on imports for the foreseeable future, there are efforts underway to boost domestic palm oil production. The Indian government has launched the National Mission on Edible Oils – Oil Palm (NMEO-OP) to reduce import dependence by promoting domestic palm cultivation. However, this is a long-term initiative, and significant results are yet to be seen in 2024.
The Biggest Importers of Palm Oil in 2024
As outlined earlier, companies like Adani Wilmar, Ruchi Soya, Emami Agrotech, Cargill India, and Godrej Agrovet continue to be the biggest importers of palm oil in India. These companies have well-established supply chains, strong relationships with international suppliers, and extensive refining and distribution networks across the country.
These large corporations play a pivotal role in ensuring that India's palm oil demand is met consistently, despite the various challenges that crop up due to global supply chain disruptions or price fluctuations.
Conclusion
In 2024, Indian palm oil imports continue to be essential for the country's food security and economic stability. Companies like Adani Wilmar, Ruchi Soya, Emami Agrotech, Cargill India, and Godrej Agrovet remain the backbone of India's palm oil supply chain, ensuring the availability of this vital product. Although India is working toward self-reliance in palm oil production, it is clear that imports will remain crucial for the foreseeable future. However, if you need a detailed report on the biggest importer of palm oil in India, palm oil import data or global trade data connect with Seair Exim Solutions.
Frequently Asked Questions (FAQs)
Q1. Why does India import so much palm oil?India imports a large quantity of palm oil because its domestic production of edible oils, including palm oil, is insufficient to meet the demand. Palm oil is cost-effective, versatile, and widely used in cooking, food processing, and non-food products, making it a vital import for India.
Q2. Who are the biggest importers of palm oil in India?Some of the biggest importers of palm oil in India include Adani Wilmar, Ruchi Soya Industries, Emami Agrotech, Cargill India, and Godrej Agrovet. These companies import significant amounts of palm oil and distribute it to meet the growing domestic demand.
Q3. Where does India primarily import palm oil from?India primarily imports palm oil from Indonesia and Malaysia, which together account for the vast majority of the global supply. Indonesia is the largest supplier of palm oil to India, followed closely by Malaysia.
Q4. How do global palm oil prices affect Indian palm oil imports?Global palm oil prices directly impact Indian palm oil imports. Fluctuations in production levels, labor shortages, or environmental regulations in palm oil-producing countries can lead to price changes, affecting the cost of imports and consumer prices in India.
Q5. Is India working on reducing its reliance on palm oil imports?Yes, India has launched initiatives like the National Mission on Edible Oils – Oil Palm (NMEO-OP) to boost domestic palm oil production. However, due to the high demand and limited production capacity, India will continue to rely on imports in the near future.
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Global Rapeseed Oil Market Research Report 2023-2030
Rapeseed Oil Market Size Was Valued at USD 24,466.61 Million in 2023 and is Projected to Reach USD 35,591.07 Million by 2030, Growing at a CAGR of 5.50% From 2023–2030.
Rapeseed oil, derived from the seeds of the rapeseed plant, is a versatile cooking oil with a mild flavor and high smoke point, making it suitable for various culinary applications such as frying, baking, and salad dressings. Its rich composition of healthy fats, including omega-3 and omega-6 fatty acids, makes it a popular choice for health-conscious consumers.
In recent years, the market for rapeseed oil has seen growth due to increased demand for healthier cooking oils, as well as its versatility and sustainability compared to other oil options. Additionally, rapeseed oil is gaining traction in industrial applications, including biodiesel production, further driving its market expansion. As consumers seek out healthier and environmentally friendly alternatives, rapeseed oil is poised to maintain its position as a key player in the cooking oil market.
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Top Key Players Involved Are:
“Archer-Daniels-Midland Company (USA), Bunge Limited (USA), Cargill Incorporated (USA), Conagra Brands Inc. (USA), Cullise Ltd. (UK), Interfat SA (Spain), Louis Dreyfus Company B.V. (Netherlands), Mackintosh of Glendaveny (UK), Ola Oils Limited and Yorkshire Rapeseed Oil (UK), American Vegetable Oils Inc. (USA), Adani Wilmar Ltd. (India), Associated British Foods plc. (UK), Adams Group Inc. (USA), Marico Limited (India), Borges International Group S.L.U (Spain), Ruchi Soya Industries Limited (India), and other key players.”
The rapeseed oil market is being driven by several key factors, including the growing consumer preference for healthier cooking oils. With increasing awareness of the health benefits associated with consuming omega-3 and omega-6 fatty acids, rapeseed oil’s nutritional profile has positioned it as a favorable option for health-conscious consumers seeking alternatives to traditional oils like soybean or sunflower oil. Additionally, rapeseed oil’s high smoke point makes it suitable for a wide range of culinary applications, including frying and baking, further expanding its appeal among home cooks and chefs.
The Rapeseed Oil Market Segmentation:
By Type
Processed
Virgin
By Nature
Conventional
Organic
By Application
Food Processing
Bio Fuel
Cosmetics & Personal Care
Animal Fee
By Extraction Process
Aqueous Process
Enzyme Based Process
By Distribution Channel
Supermarkets and Hypermarkets
Independent Retail Stores
Business to Business
Online Sales Channels
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Key Industry Development:
In March 2024, Bunge and Chevron announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA. The plant features a flexible design, intended to allow it to process soybeans as well as softseeds, including novel winter oilseed crops, such as winter canola and CoverCress, among others. Expected to be operational in 2026, the processing facility aims to add scale and efficiencies to Bunge Chevron Ag Renewables, which will allow the company to better meet the increased market demand for renewable fuel feedstocks.
In December 2023, ADM, a global leader in human and animal nutrition, announced that it had reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems. FDL, with projected 2023 sales of approximately $120 million, operates three production facilities and two customer innovation centers, all in the United Kingdom. The company’s approximately 235 colleagues, which include about 40 dedicated innovation specialists, have created more than 10,000 proprietary flavor formulations that enable accelerated speed to market.
#Rapeseed Oil Market#Rapeseed Oil#Rapeseed Oil Market 2030#Rapeseed Oil Market 2024#Rapeseed Oil 2030#Rapeseed Oil Market research report
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Edible Oils Market Insights: Comprehensive Global Forecast (2023-2032)
The global market for edible oils is expected to grow from its estimated USD 215945.2 million in 2023 to USD 340788.72 million in 2032 at a compound annual growth rate (CAGR) of 5.20% between 2024 and 2032.
The edible oils market is a significant global industry that encompasses the production, processing, distribution, and sale of oils derived from various plant sources, primarily used for cooking and other culinary applications. This market includes a wide range of oils such as soybean oil, sunflower oil, palm oil, olive oil, canola oil, and many others, each with distinct properties and uses. The production process typically involves the cultivation of oilseed crops, extraction of the oils through mechanical or chemical means, and subsequent refining, packaging, and distribution to consumers and commercial entities.
Several factors influence the edible oils market. Supply and demand dynamics are crucial, with the availability of oilseed crops and consumer preferences directly impacting production levels and prices. Health trends also play a significant role, as increasing awareness about nutrition drives demand for oils perceived as healthier, such as olive oil, avocado oil, and other oils high in unsaturated fats. Economic factors, including global economic conditions, trade policies, and tariffs, can also affect market prices and accessibility.
Technological advancements in agricultural practices and oil extraction methods contribute to improvements in yield, quality, and sustainability, making the industry more competitive and efficient. Environmental concerns are increasingly important, as sustainable farming practices and the environmental impact of oil production become critical considerations for both consumers and producers. Companies are investing in eco-friendly practices to meet the growing demand for sustainable products.
Types of Edible Oils Market-
Soybean Oil: Extracted from soybeans, widely used for cooking and in processed foods.
Sunflower Oil: Derived from sunflower seeds, known for its light flavor and high smoke point.
Palm Oil: Sourced from the fruit of the oil palm tree, commonly used in cooking and processed foods.
Olive Oil: Made from pressed olives, popular for its health benefits and use in Mediterranean cuisine.
Canola Oil: Produced from canola seeds, valued for its low saturated fat content and versatility in cooking.
Coconut Oil: Extracted from coconut meat, used in cooking, baking, and personal care products.
Peanut Oil: Made from peanuts, known for its strong flavor and high smoke point, ideal for frying.
Sesame Oil: Obtained from sesame seeds, often used in Asian cuisine for its distinctive flavor.
Corn Oil: Derived from corn kernels, commonly used in cooking and as a base for margarine.
Avocado Oil: Extracted from avocados, praised for its high smoke point and health benefits.
Major Key Players-
Bunge Limited (U.S.)
ADM (U.S.)
Cargill, Incorporated (US)
ACH Food Companies, Inc. (U.S.)
Adani Group (India)
SALAD OILS INTERNATIONAL CORPORATION (U.S.)
American Vegetable Oils, Inc. (U.S.)
BORGES INTERNATIONAL GROUP, S.L. (Spain)
Hebany Group (U.A.E)
NGO CHEW HONG EDIBLE OIL PTE LTD (Singapore)
TITAN OILS Inc., (Canada)
Ragasa – Derechos Reservados (Mexico)
SOVENA (Thailand)
Sunora Foods (Canada)
Edible Oils Market Key Findings of Study-
Consumer Preferences:
There is a growing preference for healthier oils, such as olive oil, avocado oil, and canola oil, due to increased health consciousness.
Organic and non-GMO edible oils are gaining popularity among consumers seeking natural and chemical-free products.
Product Innovations:
The market is witnessing innovations in oil extraction and refining technologies, leading to higher quality and more sustainable products.
New product launches and the introduction of flavored and fortified edible oils are attracting consumer interest.
Distribution Channels:
Supermarkets and hypermarkets remain the dominant distribution channels for edible oils, but online retail is rapidly growing due to convenience and wider product availability.
Direct-to-consumer models and subscription services for edible oils are emerging trends.
Regional Insights:
Asia-Pacific is the largest market for edible oils, with significant consumption in countries like China, India, and Indonesia.
North America and Europe are seeing increased demand for premium and specialty oils, driven by health and wellness trends.
Economic and Regulatory Factors:
Fluctuations in raw material prices, such as oilseeds, can impact the overall cost and pricing of edible oils.
Regulatory frameworks and quality standards vary across regions, influencing market dynamics and trade.
Sustainability and Environmental Impact:
There is a growing emphasis on sustainable production practices to reduce the environmental impact of oilseed cultivation and oil extraction.
Companies are investing in sustainable sourcing and eco-friendly packaging to appeal to environmentally conscious consumers.
Competitive Landscape:
The market is highly competitive, with key players focusing on mergers and acquisitions, partnerships, and expansions to strengthen their market position.
Smaller, niche players are gaining traction by offering unique products and catering to specific consumer demands.
Challenges and Opportunities:
Challenges include volatility in raw material prices, supply chain disruptions, and regulatory compliance.
Opportunities exist in developing new products, expanding into untapped markets, and leveraging digital marketing strategies to reach a broader audience.
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Edible Oils Market Innovative Trends-
Health-Focused Products:
High-Oleic Oils: Oils with a high oleic acid content, such as high-oleic sunflower and soybean oils, are becoming popular due to their health benefits and stability at high temperatures.
Functional Oils: Oils enriched with vitamins, omega-3 fatty acids, and other nutrients are being developed to meet the demand for functional foods that offer health benefits beyond basic nutrition.
Sustainability and Eco-Friendly Practices:
Sustainable Sourcing: Companies are increasingly sourcing raw materials from sustainable and certified sources to reduce environmental impact and appeal to eco-conscious consumers.
Eco-Friendly Packaging: There is a shift towards using recyclable and biodegradable packaging materials to minimize plastic waste and carbon footprint.
Flavored and Infused Oils:
Gourmet Oils: The market is seeing an increase in gourmet and specialty oils infused with herbs, spices, and other natural flavors, catering to culinary enthusiasts and gourmet cooking.
Infused Oils: Oils infused with garlic, chili, truffle, and other flavors are gaining popularity for their unique taste profiles and versatility in cooking.
Organic and Non-GMO Oils:
Organic Oils: There is a rising demand for organic edible oils, produced without synthetic pesticides or fertilizers, appealing to health-conscious and environmentally aware consumers.
Non-GMO Oils: Non-GMO labeled oils are sought after by consumers looking to avoid genetically modified organisms in their diet.
Digital Transformation and E-Commerce:
Online Sales Growth: The rise of e-commerce platforms has made it easier for consumers to access a wide variety of edible oils, including niche and specialty products, from the comfort of their homes.
Direct-to-Consumer Models: Some brands are adopting direct-to-consumer sales models, offering subscription services and personalized shopping experiences.
Sustainable Palm Oil Initiatives:
RSPO Certification: The Roundtable on Sustainable Palm Oil (RSPO) certification is gaining traction as companies commit to sourcing palm oil from sustainable and ethical sources.
Alternative Palm Oil: Research into alternative sources and sustainable production methods for palm oil is ongoing to address environmental concerns associated with traditional palm oil cultivation.
Segmentation-
By Type of Edible Oils
Vegetable Oils
Soybean Oil
Palm Oil
Canola Oil
Sunflower Oil
Olive Oil
Corn Oil
Coconut Oil
Peanut Oil
Sesame Oil
Other Vegetable Oils
By Animal Oils and Fats
Lard
Tallow
Butter
Ghee
By Processing Methods
Refined Oils
Unrefined or Cold-Pressed Oils
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Soybean oils segment is the fastest growing among the oil type of global edible oils
The Edible Oils Market is projected to reach USD 268.9 billion by 2027 from USD 212.6 billion by 2022, recording a CAGR of 4.8% from 2022 to 2027. With the increasing population across the world coupled with lifestyle changes, there is a growing consumption of processed foods. Edible oils are one of the main ingredients used in processed foods. Moreover, with the ongoing research and development of novel products, such as confectionery and bakery items, ready-to-eat foods, and fast foods the role of edible oils in increasing the taste has become more significant. The constantly evolving food processing sector is further creating a huge demand for edible oils during the study period.
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The soybean oils segment is the fastest growing among the oil type of global edible oils during the forecast period
The global soybean oil market is anticipated to experience the fastest growth between 2022 and 2027 with a CAGR of 5.4%. In a time of growing food costs and concerns regarding the impact of climate change on the world's food supply, soy products could prove to be a bright light. Soybean oil has a neutral flavor and is a popular cooking oil with a variety of uses in the kitchen.
It is a multifunctional component that enables home chefs and food service professionals to reduce their food expenses by maximizing its use in different recipes. In addition to being used for frying, sautéing, and baking, soybean oil can also be used as an ingredient in sauces, dressings, and soups. As consumers become more aware of the health benefits of soy, demand for soybean oil is expected to grow. The United States is the second-largest exporter of soybeans in the world and one of the top producers of the crop.
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Europe is projected to hold the second-largest share in the global edible oils market in 2027
In Europe, rapeseed is a crucial oilseed crop. The continent is a world leader in rapeseed oil production.
The key players in edible oils market include Cargill, Incorporated (US); Archer Daniels Midland Company (ADM); Bunge Limited (US); Louis Dreyfus Company (Netherlands); Wilmar International Limited (Singapore); and Adani Wilmar Limited (AWL) (India); Associated British Foods PLC (ABF) (UK); Sime Darby Plantation Berhad (Malaysia); and Borges International Group, S.L.U. (Spain).
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#TV and radio mathematician Hannah Fry has resigned as a trustee of the Science Museum Group . Trustees resign from Science Museum Group over Adani deal Turmoil continues over fossil fuel sponsorship as Jo Foster and Hannah Fry step down In his announcement about the Adani deal last month, which will see the conglomerate fund the Science Museum’s new Energy Revolution gallery, Blatchford indicated that the board was supportive of the partnership. He said: “Trustees […] are not convinced by the argument from some who say we should sever all ties with organisations that are ‘tainted’ by association, direct or indirect, with fossil fuels.”The resignations follow former Science Museum director Chris Rapley’s decision to step down from the museum’s advisory board last month over the issue. The museum also removed several climate protest placards from its Our Future Planet display recently after donors complained about Shell's sponsorship of the exhibition. (at India) https://www.instagram.com/p/CXEAFxRscGf35E-qw1In-xbGiTJiIZIxE4ZpIQ0/?utm_medium=tumblr
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Peanut Oil Market Revenue to Rise Substantially Owing to Increasing End-use Adoption
The global peanut oil market space is heavily congested with high levels of competitiveness between key players. Owing to low percentage of cholesterol saturated fats and cholesterol, peanut oil is considered a safe option, which is expected to accelerate demand in the global market. In developed regions, the influence of new and unique oils is primarily high, as customers have access to new products and have strong buying power. In addition, the nutty taste provided by peanut oil is a key factor expected to accelerate demand in all regions across the globe.
As per PMR analysis, the global peanut oil market is projected to progress at a steady CAGR of over 4%, to be valued around US$ 13.5 Bn by the end of 2030.
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Key Takeaways from Peanut Oil Market Study
Peanut is widely used as cooking oil by food manufacturers and foodservice providers, as it has a high smoke point. Thus, rising foodservice industry across the globe is expected to increase sales of peanut oil. The market value for the foodservice Industry end-use segment is expected to witness high growth at a CAGR of 4% through 2030.
Owing to high production of peanuts, East Asia holds the largest value share of around 40% in the global peanut oil market, and is expected to reach a market value of US$ 5.3 Bn by 2030.
In terms of distribution channel, the business to business segment is anticipated to have a higher market share in 2020 as compared to the business to consumer segment. A major contributing factor is high demand for peanut oil from the foodservice industry.
The COVID-19 pandemic had decreased the sales of peanut oil from the foodservice industry, which has affected the global market. Despite all the challenges, demand is expected to pick up post the pandemic era.
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High Demand for Value-added Products in Various Segments
Application of peanut oil in the food industry is ever-increasing, as it has a high smoke point, and thus, can be used for deep-frying various food products. This offers immense growth opportunity to globally-established as well as new entrants in the peanut oil market space. Peanut oil is being used in making skin care products as well as in various baby care products. Crude peanut oil has high content of vitamin D and E, and is also known to have antioxidant properties, which make it an excellent ingredient in manufacturing soap and massage oils.
Easy availability of alternate products may restrain the growth of the global peanut oil market. Use of other vegetable oils can be a factor for the slowing growth of the global demand for peanut oil. Also, high peanut oil prices and rising demand for soybean oil are hampering market development.
However, massive emphasis of manufacturers on providing value-added oil products, together with growing awareness among customers regarding health benefits accumulated due to peanut oil intake, will drive the growth of the global peanut oil market over the coming years.
Global Peanut Oil Market: Competitive Landscape
Emergence of numerous international and domestic players is fragmenting the global peanut oil market. Some of the largest market players are Adani Enterprises Ltd., Archer Daniels Midland Co., Protect Oils, Louis Dreyfus, and Cargill Inc.
Many new entrants are also launching products to cater to rising demand from the food industry as well as the foodservice industry.
In July 2020, Amul, a dairy major, announced its foray into the edible oil business and launched the Janmay brand, which includes peanut oil, cotton seed oil, soya bean oil, sunflower oil, and mustard oil.
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Peanut Oil Market Growth Prediction and Industry Forecast 2021-2028, Trend and Global Market Analysis.
Peanut oil is an edible vegetable oil, which is derived from peanuts. Peanuts are legumes and are native to Latin America and various other tropical regions. Peanut oil is utilized either to enhance the flavor of the underlying food or as a base for cooking. It possess a high smoke point comparative to other cooking oils, and is used for frying food. Its major component fatty acids include oleic acid, linoleic acid, and palmitic acid. In addition, it contains arachidic acid, stearic acid, lignoceric acid, behenic acid, and other fatty acids.
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The global peanut oil market is highly congested with high level of competition among key players. Moreover, since there is no unique functionality of peanut oil when compared to other vegetable oils, the demand is anticipated to remain stagnant throughout the forecast period. The emergence of soybean oil is as an important reason for the declining growth of the global peanut oil market. The impact of new and unique oils is predominantly strong in developed regions, since consumers have access to new products and have a strong purchasing power. Peanut oil is relatively healthy owing to low percentage of trans-fats, saturated fats, and cholesterol. Moreover, the nutty flavor offered by peanut oil is a crucial factor, which is anticipated to accelerate the demand for peanut oil. However, high price of peanut oil and increase in demand for soybean oil hamper the market growth.
The global peanut oil market is segmented on the basis of type, application, packaging, and geography. Based on type, the market is categorized into refined and unrefined. By application, it is classified into personal care products, food, pharmaceutical, and others. According to packaging, it is divided into glass containers, plastic containers, cartons, plastic pouches, and others. Geographically, it is analyzed across into North America, Europe, Asia-Pacific, and LAMEA.
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The major players operating in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations, and partnerships.
Some of the key players in the global market include:
Archer Daniels Midland
Cargill Incorporated
Olam International
Adani Wilmar Limited
Ventura Foods (Lou Ana), etc.
Key Benefits
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist to identify the prevailing market opportunities.
Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
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Edible Oil Market Size, Share | Global Industry Research on Growth, Trends and Opportunity 2021-2027
Global Edible Oil Market is expected to grow with a CAGR of 7.2% over the forecast period.
Global Edible Oil Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Rising awareness regarding health and growing urbanization are increasing the consumption of edible oils and thus, driving the growth of Global Edible Oil Market.
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Scope of Global Edible Oil Market Report
Edible Oil is a type of fat that can be made from plants, animals, or synthetic fat and it is used in frying, baking, and other forms of cooking. There are a wide variety of oils which are plant-based such as Olive oil, palm oil, soybean oil, rapeseed oil, corn oil, peanut oil, and other vegetable oils, and from animal-based oils like butter and lard. These oils can also be flavored with herbs, garlic, or chili. The application of vegetable oil is expanded in various sectors such as food, pharmaceuticals, cosmetics, lubricants, paints, and others. Edible oils are categorized based on their method of extraction such as cold-pressed oil, refined oil, and unrefined oil. The nutritional value of cold-pressed and refined oils is high. They are more hygienic, healthier, and have a range of advantages over cold-pressed oils. Unrefined oils are most acceptable due to the presence of a good amount of nutrients, which is true in its flavor and smell. Edible oils have various health benefits like it contains antioxidants that protect the skin, prevents chronic disease, helps to prevent cancer, enhances the immune system, and many other health benefits. They are a rich source of essential nutrients and it plays important role in maintaining human health. Nowadays, edible oils are being used in personal care products and cosmetics because it contains various essential nutrients and vitamins as they are good for the skin.
During the Covid-19 pandemic, production and distribution of these products have been hampered as a result of government-imposed restrictions and temporary shutdowns of food industries, which have shown a negative effect on market growth. However, individuals are staying at home and working from home has increased the consumption of vegetable oil used for cooking, which has led to the growth of the edible oil market.
Global edible oil market is segmented on the basis of types, end-user, distribution channel and region & country level. Based upon type, edible oil market is classified into palm oil, soybean oil, rapeseed oil, sunflower oil, peanut oil and others. Based upon end-user, the market is divided into household, industrial and commercial. Based on distribution channel, the global edible oil market is classified into online and offline.
Global Edible Oil Market Segmentation:
By Types:
Palm Oil
Soybean Oil
Rapeseed Oil
Sunflower Oil
Peanut Oil
Others
By End-User:
Household
Industrial
Commercial
By Distribution Channel:
Offline
Online
The regions covered in this global edible oil market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of edible oil is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Key Players for Global Edible Oil Market Report:
Some major key players for Edible Oil market report cover prominent players like ADM, Bunge Ltd., Apetit Group, ACH Food Companies, BASF SE, Henry Lamotte Oils GmbH, Adani Wilmer Group, Hebany Group, Cargill Incorporated., American Vegetable Oils Inc., IFFCO, Liberty Oil Mills, Olenex Sarl, SOVENA and others.
News:
Amul Entered into Edible Oil Business with Launch of Janmay
July 9th, 2020; Amul has entered the edible oils business with the launch of Janmay brand in Gujarat and hopes to provide remunerative prices to oilseed farmers, the company said in a statement.
Rising Awareness Regarding Health and Growing Urbanization are Increasing the Consumption of Edible Oils are Driving the Market Growth
Demand for edible oils is increasing, especially for oils with low cholesterol and low fat because rising health awareness is influencing consumers to use healthy and high quality edible oils. Edible oils have various health benefits because it contains essential nutrients omega 3, vitamins and natural antioxidants that are good for health. Growing urbanization is also supplementing the consumption of edible oils. Growing crop yields and improvement in retail sectors are also driving the growth of market. According to the Journal of Nanomaterials 2020, the production volume of vegetable oil in the 2019 and 2020 crop year exceeded 200 million metric tons worldwide. Almost 87% of the total world production of edible vegetable oils is represented by four plant oils only, i.e., palm (36.5%), soy (27.4%), rape (13.1%) and sunflower (10.0%). However, extra intake and prolonged consumption of any burnt edible oil can cause health issues such as atherosclerosis, inflammatory join disease and birth defects which may hamper the market growth. In spite of that, increasing number of product offerings may offer more opportunities for the further growth of the global edible oil market.
Asia Pacific is Expected to Witness a Fastest Growth in the Global Edible Oil Market
The global edible oil market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The Asia Pacific is expected to witness a fastest growth in the global edible oil market. The various varieties of oilseeds are grown as well as processed in this region. According to the Journal of Oilseeds & Fats Crop and Lipids 2016, 45% of world oils and fats are consumed in Asia. The world of Asian oilseeds and vegetable oils is highly concentrated on soybeans and palm oil. In spite of large domestic production in China, soybeans are imported in huge quantities, mostly by China (78 MnT, 84% of the region’s imports) where more than 28% of world soybeans production is being crushed. Palm oil, the second large commodity consumed in Asia, is mainly produced within the region, mostly in Indonesia and Malaysia.
Key Benefits for Global Edible Oil Market Report–
Global Edible Oil Market report covers in-depth historical and forecast analysis.
Global Edible Oil research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Edible Oil Market report helps to identify opportunities in marketplace.
Global Edible Oil Market report covers extensive analysis of emerging trends and competitive landscape.
Edible Oil Market By Regional & Country Level:
North America
U.S.
Canada
Europe
U.K.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Table of Content
1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Edible Oil Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Edible Oil Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Edible Oil Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter - Global Edible Oil Market Overview: Quantitative Analysis
4. Chapter – Global Edible Oil Market Analysis: Segmentation By Type
5. Chapter – Global Edible Oil Market Analysis: Segmentation By Application
Continued........
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Peanut Oil Market TO RECORD AN IMPRESSIVE GROWTH BY 2025
Peanut oil is an edible vegetable oil, which is derived from peanuts. Peanuts are legumes and are native to Latin America and various other tropical regions. Peanut oil is utilized either to enhance the flavor of the underlying food or as a base for cooking. It possess a high smoke point comparative to other cooking oils, and is used for frying food. Its major component fatty acids include oleic acid, linoleic acid, and palmitic acid. In addition, it contains arachidic acid, stearic acid, lignoceric acid, behenic acid, and other fatty acids.
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The global peanut oil market is highly congested with high level of competition among key players. Moreover, since there is no unique functionality of peanut oil when compared to other vegetable oils, the demand is anticipated to remain stagnant throughout the forecast period. The emergence of soybean oil is as an important reason for the declining growth of the global peanut oil market. The impact of new and unique oils is predominantly strong in developed regions, since consumers have access to new products and have a strong purchasing power. Peanut oil is relatively healthy owing to low percentage of trans-fats, saturated fats, and cholesterol. Moreover, the nutty flavor offered by peanut oil is a crucial factor, which is anticipated to accelerate the demand for peanut oil. However, high price of peanut oil and increase in demand for soybean oil hamper the market growth.
Some of the key players in the global market include:
Archer Daniels Midland
Cargill Incorporated
Olam International
Adani Wilmar Limited
Ventura Foods (Lou Ana), etc.
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The global peanut oil market is segmented on the basis of type, application, packaging, and geography. Based on type, the market is categorized into refined and unrefined. By application, it is classified into personal care products, food, pharmaceutical, and others. According to packaging, it is divided into glass containers, plastic containers, cartons, plastic pouches, and others. Geographically, it is analyzed across into North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist to identify the prevailing market opportunities.
Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
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Peanut Oil Market Size, Trends, Growth, Analysis & Outlook by 2025
Peanut oil is an edible vegetable oil, which is derived from peanuts. Peanuts are legumes and are native to Latin America and various other tropical regions. Peanut oil is utilized either to enhance the flavor of the underlying food or as a base for cooking. It possess a high smoke point comparative to other cooking oils, and is used for frying food. Its major component fatty acids include oleic acid, linoleic acid, and palmitic acid. In addition, it contains arachidic acid, stearic acid, lignoceric acid, behenic acid, and other fatty acids.
The global peanut oil market is highly congested with high level of competition among key players. Moreover, since there is no unique functionality of peanut oil when compared to other vegetable oils, the demand is anticipated to remain stagnant throughout the forecast period. The emergence of soybean oil is as an important reason for the declining growth of the global peanut oil market. The impact of new and unique oils is predominantly strong in developed regions, since consumers have access to new products and have a strong purchasing power. Peanut oil is relatively healthy owing to low percentage of trans-fats, saturated fats, and cholesterol. Moreover, the nutty flavor offered by peanut oil is a crucial factor, which is anticipated to accelerate the demand for peanut oil. However, high price of peanut oil and increase in demand for soybean oil hamper the market growth.
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Key Benefits
This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist to identify the prevailing market opportunities.
Major countries in each region are mapped according to the individual market revenue.
The region-wise and country-wise market conditions are comprehensively analyzed.
This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
Peanut Oil Market Key Segments:
By Type
Refined
Unrefined
By Application
Personal Care Products
Food
Pharmaceutical
Others
By Packaging
Glass Containers
Plastic Containers
Cartons
Plastic Pouches
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
Some of the key players in the global market include:
Archer Daniels Midland
Cargill Incorporated
Olam International
Adani Wilmar Limited
Ventura Foods (Lou Ana), etc.
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Soybean Oil Market: Global Market insights 2017 to 2022
As per the latest study conducted by the Fact.MR, the global market for soybean oil is set to increase at a steady rate over the next five years and reach a valuation in excess of US$ 21,373 Mn by 2022-end. Soybean oil is one of the most common cooking oil, which is used worldwide. Nearly two-third amount of the soybean that is produced across the globe is used for soybean oil production. In the recent years, the global production of soybean oil has surged incessantly owing to its increasing application in the food and beverage industry. The product is widely used for baking, frying and as a condiment for salads. Demand for the product is gaining traction owing to its omega-3 fatty acids and polyunsaturated fats content that are beneficial to the health. Moreover, soybean oil is also used in the manufacturing alkyd resins that are used in inks and oil paints. Soybean oil continue to be a cost-efficient cooking oil, which is readily available in the market. The aforementioned factors are likely to make a positive influence on the global soybean oil market.
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Following are the key projections from Fact.MR’s forecast on the global market for soybean oil.
Based on product type, the processed soybean oil segment is projected to remain dominant throughout the forecast period. Consumption of processed soybean oil is relatively higher than the virgin variant. Currently, the former command for over two-third revenue share of the market. Most consumers prefer processed soybean oil for cooking as it is more refined, which in turn continues to drive its global demand.
Based on end use, the retail segment is projected to exhibit impressive growth between 2017 and 2022. In terms of revenue, this segment currently commands for around 38% share of the market and is anticipated to stand at US$ 8,156 Mn towards the end of the forecast period. Foodservice segment is expected to remain the second largest end use segment.
On the basis of distribution channel, the modern trade segment is projected to retain its top position over 2022. Presently, the segment commands for nearly one-third revenue share of the market. Meanwhile, the online retail store segment is also reflecting a steady growth as well.
Among regions, Europe will continue to be the largest market for soybean oil and exhibit lucrative growth opportunities over the next couple of years. The market in the region is expected to register a relatively higher CAGR as compared to other region.
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Competition Tracking
Key players profiled in the Fact.MR report include ConAgra Foods (Agrotech Foods Ltd), Ach Food Companies, Inc., Marico Limited, Olympic Oils Limited, American Vegetable Oils, Inc., Fuji Vegetable Oil, Inc., Adams Group, Borges Mediterranean Group, Cargill Inc., Beidahuang Group, Bunge Limited, Associated British Foods (Ach), Archer Daniels Midland Company, Ruchi Soya Industries Ltd, and The Adani Wilmar Ltd. Owing to increasing demand for trans-fat free cooking oil, producers are actively focusing on introducing high quality refined soybean oil.
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Global Cottonseed Oil Sales Market Report 2018 - 24 Market Reports
Cottonseed Oil Market research report segmented by Key Players, Applications, End-User, Type & by Geography
Sahil Sharma's insight:
This report studies the global Cottonseed Oil market status and forecast, categorizes the global Cottonseed Oil market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Cottonseed oil is a cooking oil extracted from the seeds of cotton plants of various species, mainly Gossypium hirsutum and Gossypium herbaceum, that are grown for cotton fiber, animal feed, and oil. Cotton seed has a similar structure to other oilseeds such as sunflower seed, having an oil-bearing kernel surrounded by a hard outer hull; in processing, the oil is extracted from the kernel. Cottonseed oil is used for salad oil, mayonnaise, salad dressing, and similar products because of its flavor stability.
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Commenting on the report, an analyst from the research team said: “One of the trends emerging in the market that will have a positive impact on the growth of the market during the forecast period is the availability of cold pressed cottonseed oil. The demand for cold pressed cottonseed oil is increasing among consumers, and it is expected to remain high during the forecast period. The players in the market are also coming up with new cold pressed cottonseed oil products. Cold pressing ensures that the product retains its natural antioxidants and natural odor and flavor. Cold pressing involves extracting the oils through pressing the fruits or seeds with a modern steel press. Although some heat is generating due to the friction, it is usually not high enough to damage the oil.”
According to the report, one of the major drivers for this market is wide use of cottonseed oil in various industries. Cottonseed oil is used for different applications in industries such as retail, food processing, and certain other industries, and for cosmetic applications. Since cottonseed oil has a high smoke point, it is usually used for deep frying and baking. It is used for making various food products such as potato chips and French fries. Also, cottonseed oil is a major ingredient in whipped toppings, margarine, shortenings, spreads, and icings due to its ability to form a beta prime crystal, which enables a consistent texture and appearance.
Further, the report states that one of the major factors hindering the growth of this market is fluctuating raw material price. Fluctuating price of raw material is one of the major challenges for vendors in the market. The fluctuation in the price is due to various reasons such as environmental factors, crop diseases, and others. A fluctuation in the price of raw materials will have an adverse impact on the growth of the market during the forecast period. Cotton production in the major cotton producing countries such as India and Pakistan is expected to decline during the forecast period. The cotton production in Pakistan is expected to decline by more than 30% during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The global Cottonseed Oil market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018–2025.
The major players covered in this report
Cargill
ADM
Bunge
Louis Dreyfus
PYCO Industries
N.K.Proteins
Adani Wilmar
Gokul Refoils & Solvent
Icofort Agroindustrial
Gabani Industries
Ruchi Soya
HKD Cotton
Hartsville Oil Mill
Sina
Shafi Cotton
H.M.Industries
Swarna Industries
Goklanii Group
Yihai Kerry
QiaoQi Group
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Crude Cottonseed Oil
Edible Cottonseed Oil
Edible
Industrial
The study objectives of this report are:
To analyze and study the global Cottonseed Oil sales, value, status (2013–2017) and forecast (2018–2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Cottonseed Oil players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cottonseed Oil are as follows:
History Year: 2013–2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Cottonseed Oil Manufacturers
Cottonseed Oil Distributors/Traders/Wholesalers
Cottonseed Oil Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, We offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Cottonseed Oil market, by end-use.
Detailed analysis and profiles of additional market players.
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Table of content
Global Cottonseed Oil Sales Market Report 2018 1 Cottonseed Oil Market Overview 1.1 Product Overview and Scope of Cottonseed Oil 1.2 Classification of Cottonseed Oil by Product Category 1.2.1 Global Cottonseed Oil Market Size (Sales) Comparison by Type (2013–2025) 1.2.2 Global Cottonseed Oil Market Size (Sales) Market Share by Type (Product Category) in 2017 1.2.3 Crude Cottonseed Oil 1.2.4 Edible Cottonseed Oil 1.3 Global Cottonseed Oil Market by Application/End Users 1.3.1 Global Cottonseed Oil Sales (Volume) and Market Share Comparison by Application (2013–2025) 1.3.1 Edible 1.3.2 Industrial
2 Global Cottonseed Oil Competition by Players/Suppliers, Type and Application 2.1 Global Cottonseed Oil Market Competition by Players/Suppliers 2.1.1 Global Cottonseed Oil Sales and Market Share of Key Players/Suppliers (2013–2018) 2.1.2 Global Cottonseed Oil Revenue and Share by Players/Suppliers (2013–2018) 2.2 Global Cottonseed Oil (Volume and Value) by Type 2.2.1 Global Cottonseed Oil Sales and Market Share by Type (2013–2018) 2.2.2 Global Cottonseed Oil Revenue and Market Share by Type (2013–2018) 2.3 Global Cottonseed Oil (Volume and Value) by Region 2.3.1 Global Cottonseed Oil Sales and Market Share by Region (2013–2018) 2.3.2 Global Cottonseed Oil Revenue and Market Share by Region (2013–2018)
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Peanut Oil Market will Reflect Significant Growth Prospects during 2017 - 2027
Peanut oil is an edible vegetable oil that is derived from peanuts. Peanuts are legumes and are native to Latin America and several others tropical regions. Peanut or groundnut oil is a well-established product with a historically high use in several Asian foods and cuisines. It is used either as a base for cooking (cooking oil) or to enhance the flavor of the underlying food.
Market Dynamics of Peanut Oil Market
The market for cooking oils is a crowded place with a high level of competition and minimal unique functionality. This competition is due to the high and consistent use of several other vegetable oils and introduction of new and unique oils every year. The emergence of soybean oil, for instance, is cited as an important reason for the decline in the use of peanut and other vegetable oils. The impact of new oils is particularly strong in developed regions as consumers belonging to these regions have access and purchasing power to buy these new products.
The other important factor that governs the growth of peanut oil market is the extent to which peanuts are used for direct consumption and for processing. It is estimated that the share of peanuts used for direct consumption will increase in the coming years.
The functional properties offered by peanut oil are an important factor driving the market. Peanut oil is particularly suited for deep-frying purposes as it does not absorb the flavor of the underlying food products. It is also a relatively healthy oil due to a low percentage of saturated fats, trans-fats, and cholesterol. These factors are important in the context of the increasing health awareness among consumers. The nutty flavor offered by peanut oil is also an important factor that influences peanut oils to be used as a dressing and flavoring agent.
Allergy to peanut is a serious concern for the market as peanut allergy is a relatively high cause of food-related deaths. As per the National Institute of Allergy and Infectious Diseases, over 0.6% of the population in the U.S. is allergic to peanuts or peanut-derived products. The use of refined and processed peanut oil mitigates this risk to a certain extent.
Market Segmentation of Peanut Oil Market
The peanut oil is segmented on the basis of type, application, and packaging.
On the basis of type, the market is segmented into refined and unrefined peanut oil. The refined oil is refined through bleaching and deodorization. This process essentially removes the components that might cause peanut-based allergies thereby making refined peanut oil, non-allergic. The high smoke point offered by refined peanut oil makes it an attractive frying oil for hotels and restaurants. Unrefined peanut oil offers the nutty taste of peanuts and is, therefore, an ideal choice for salad dressings.
On the basis of application, the market is segmented into food, personal care products, pharmaceutical and others. Food is the dominant segment and is expected to remain so due to the nature of the market. The increasing interest in incorporating plant-based or natural solutions into daily products is an important driving factor for the personal care products segment. In the personal care products segment, peanut oil finds application in several categories such as skin and baby care products. Peanut oil is also used in a wide range of pharmaceutical products such as weight loss, cholesterol-lowering, cardiac and constipation drugs.
On the basis of packaging, the market is segmented into plastic bottles and containers, glass containers, plastic pouches, and cartons. Convenience, cost and shelf life are important parameters to gauge the performance of any kind of packaging method. The plastic bottles and containers and plastic pouches are important and dominant segments due to their particular applicability in preparing food products.
Regional Outlook of Peanut Oil Market
The peanut oil market in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA is covered in the report.
On the basis of production of peanuts, China and India dominate the market and account for over half of the global production. The United States is also an important producer with over ten percent of the global share. On the basis of consumption, the market presents a more complex and region-specific trend. The overall observable trend being that the increase in peanut oil consumption is closely related to its increasing incorporation in food products.
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Key Market Players in Peanut Oil Market
Some of the key players in the peanut oil market include Archer Daniels Midland (Golden Peanut), Cargill, Incorporated, Olam International, Adani Wilmar Limited (Fortune Foods), Ventura Foods (Lou Ana), etc.
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Rice Bran Oil Market Application, Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2020-2027
Rice bran oil is a highly nutritive oil extracted from the outer hard brown layer of rice called chaff. It has a mild flavor and is suitable for high-temperature cooking such as deep frying and stir frying. Rice bran oil contains monounsaturated, polyunsaturated, and saturated fats that makes its consumption safe. It has low cholesterol content and high antioxidants, which drives its demand in the health conscious consumer segment. The increase in demand for fat-free and nutritious food products are the key factors that boost the global market performance of rice bran oil.
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Companies covered
Ricela Health Foods, 3F Industries Ltd., Maheshwari Solvent, Modi Naturals Ltd., Vaighai Agro Products Ltd., Marico Ltd., ITC Ltd.,Harwin Agro Enterprises (P) Ltd.,Sethia and A.P. Refineries Pvt. Ltd.,N.K. Proteins Ltd., BCL Industries & Infrastructure, Malar Solvent, Adani Wilmar.
COVID-19 Scenario Analysis:
Production shutdown scenario
The production and extraction processes for rice bran oil could not be continued in lockdown, hence the COVID-19 implications declined the amount of stock and revenue in the global industry.
Disruptions in supply chains
The supply chains for raw materials and distribution channels for finished goods have been disrupted due to the lockdown prevailing in most of the regions. This hindered the pace of market growth and performance.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rice bran oil has been put to diverse uses owing to its multiple benefits and applications. in the food& beverage segment, rice barn oil is considered as one of the healthiest oils for cooking and frying. This attracted the health conscious customer. The presence of oryzanol in rice bran oil, yielding moisturization and anti-ageing benefits makes it a triggering introduction in the cosmetics industry. Over-consumption of rice bran oil is considered unhealthy, leading to stomach and bowel related illness and this is expected to hamper the growth of global rice bran oil market.
The global rice bran oil market trends are as follows:
New product launches to flourish the market
Rice bran oil is the oil extracted from rice chaff. This oil is high in nutritional content and is considered a healthy choice among health conscious consumers. The growing trend of developing safe and heathier eating habits have incorporated the use of rice bran oil in the food & beverage industry.
To ensure the proper supply of rice bran oil in the market, the leading market players enhance the distribution channels and promotional campaigns to attract a larger consumer base. Rice bran oil is available at supermarkets, departmental stores, convenience shops and online as well so as to ease the product availability to the customers. These are used in household as well as commercial applications. In addition to this, rice bran oil is also used in salad dressing. All these aid the product in flourishing in the market leading to global market growth.
Surge in usage in cosmetics and pharmaceuticals
Growing benefits of rice bran oil encourages the manufactures to diversify its applications. the leading market players have incorporated investments in research and hence realized the potential of the product in exploring the market. The presence of oryzanol in rice bran oil is helpful in protecting the skin from Ultraviolet rays, slowing down the ageing process and stimulating hair growth. These factors enhance its application in the cosmetic industry in form of skin care moisturizers and hair oils.
Rice bran oil is used for targeting high blood pressure, diabetes, obesity, high cholesterol, alcoholism, and AIDS, and is also helpful in preventing stomach cancer, blood and heart diseases, for strengthening the immune systems and energy. These medical benefits draw the product attraction and retention in pharmaceutical sector. It is also used for improving the athletic performance. These wide applications boost the market performance and encourage the global market for rice bran oil to expand.
Key Benefits of the Report:
This study presents the analytical depiction of the global rice bran oil industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global rice bran oil market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global rice bran oil market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global rice bran oil market analysis based on competitive intensity and how the competition will take shape in coming years.
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Global Sunflower Oil Market Outlook with Ongoing Trends, Top Players Profile Analysis and Forecast 2017-2022
A report recently published by Fact.MR offers insights for the global sunflower oil market across various regions. Growing need for treatment of chronic diseases, arthritis and tenia pedis will significantly impact growth of the global sunflower oil market. Sunflower oil will witness robust demand among the food and cosmetic manufacturers globally. The report focuses on detailed insights and research about global sunflower oil market for the forecast period 2017 to 2022.
The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of sunflower oil, along with future growth estimations. Sunflower oil producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed discussion guide has been formulated in this report, which can attract the interest of top trade magazines and journals related to sunflower oil.
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Market Dynamics
Growing prevalence of cardiac diseases, asthma, and arthritis has revved up demand for sunflower oil across the healthcare industry. Majority of the men athletes are prone to dermal infections such as tenia pedis. Sunflower oil witnesses a robust demand in the healthcare industry for the prevention, and treatment of tenia pedis. Such factors are likely to impact global market growth of sunflower oil market significantly during the predicted period.
Apart from application in the healthcare industry, sunflower oil is likely to witness major demand among cosmetic manufacturers. Surge in demand for production of sunscreen, facial masks, and eye creams will contribute towards global market growth of sunflower oil positively throughout 2022. Moreover, sunflower oil witnesses significant demand as frying oil among food manufacturers. This is predicted to impact global market growth of sunflower oil significantly through 2022. However, increasing availability of other oil products such as olive oil are likely to substitute sunflower oil products. Such factors are likely to impede market growth of sunflower oil globally during the projected period.
Cosmetic Manufacturers to Represent Considerable Demand
Rich in antioxidants and beta-carotene, the sunflower oil witnesses a considerable demand among manufacturers of cosmetic products such as sun protection creams, eye creams, and anti-aging masks. Attributed to gamma alpha linolenic acid qualities, demand for sunflower oil is likely to increase among manufacturers of hair products. Cosmetic industry is likely to contribute significantly towards growth of the global sunflower oil market attributed to such factors.
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Food Industry to Witness Significant Demand
Apart from cosmetic and healthcare industry, sunflower oil further witnesses a considerable demand in the food and beverages industry. On the other hand, manufacturers of food products prefer other healthy oil products including olive oil. Availability of substitute oil product is likely to hinder growth of the global sunflower oil market by 2022.
Retail Sector to Register Highest Growth in the Global Market
Europe will represent the largest market for sunflower oil globally. Processed sunflower oil will outsell virgin sunflower oil in this region. Registering the highest CAGR for processor sunflower oil in the global market, Europe will represent a significant revenue share. Foodservice will remain an attractive end user segment in the global market by the end of 2022. However, retail sector will register the highest CAGR in terms of end users, followed by foodservice.
In terms of distribution channel, sunflower oil will witness significant growth in terms of sales through franchise outlets and online channels in Europe. Sales of sunflower oil products through modern trade will represent a value of over US$ 1,000 Mn in 2022.
Market Players Operating in the Global Market
Leading manufacturers and distributors in the global sunflower oil market include The Adani Wilmar Ltd., Ruchi Soya Industries Ltd, Associated British Foods (Ach), Archer Daniels Midland Company, Beidahuang Group, Bunge Limited, Borges Mediterranean Group, Cargill Inc., Fuji Vegetable Oil, Inc., Adams Group, American Vegetable Oils, Inc., Olympic Oils Limited, Ach Food Companies, Inc, Marico Limited, and ConAgra Foods (Agrotech Foods Ltd).
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About Fact.MR Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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