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Cottonseed Oil Market Forecast: Trends and Growth
Cottonseed oil, derived from the seeds of cotton plants, is widely used in food processing, frying, cosmetics, and biodiesel production. Over the years, the cottonseed oil market has seen steady growth, fueled by its affordability, versatility, and applications across various industries. As we look ahead, the market dynamics are shaped by several factors, including consumer health concerns, environmental sustainability, and advancements in technology. This article explores the projected growth of the cottonseed oil market, key drivers, challenges, and emerging trends that will influence its future trajectory.
Market Overview
Cottonseed oil holds a significant share in the global vegetable oils market. Known for its mild flavor and high smoke point, cottonseed oil is commonly used in cooking, especially for frying and baking. It is also employed in the manufacturing of processed foods, snack foods, and salad dressings. Additionally, cottonseed oil is gaining traction in personal care products, such as soaps, lotions, and shampoos, due to its beneficial properties for skin care.
The cottonseed oil market is expected to grow in the coming years, driven by demand in both food and industrial applications. However, market growth will be influenced by various factors, including competition from other oils, shifting consumer preferences, and global environmental concerns.
Key Drivers of the Cottonseed Oil Market
Growing Demand for Processed Foods The demand for packaged and processed foods continues to rise globally, particularly in emerging markets. This trend has directly increased the demand for edible oils, including cottonseed oil. The oil’s use in frying, snacks, and fast-food products, combined with its affordability, makes it a popular choice among food manufacturers.
Affordable and Versatile Oil Cottonseed oil remains one of the most cost-effective oils, offering a wide range of applications at a relatively low price point compared to other premium oils like olive and avocado oil. Its mild flavor and high smoke point make it ideal for deep frying and cooking, which fuels its popularity among restaurants, fast-food chains, and households.
Expansion of Cotton Cultivation Cotton is one of the most widely cultivated crops globally, with major cotton-producing countries like China, India, the United States, and Brazil driving supply. As cotton production continues to grow, cottonseed oil production is poised to increase as well, ensuring a stable supply of the oil for the global market.
Biofuel Production The global push towards renewable energy sources and biofuels has created an additional avenue for the cottonseed oil market. Cottonseed oil is being explored as a feedstock for biodiesel production, making it an attractive option for countries focusing on reducing their carbon footprint and promoting cleaner energy sources.
Challenges Facing the Cottonseed Oil Market
Health Concerns A major challenge faced by the cottonseed oil market is the growing health concerns over its fatty acid profile. Cottonseed oil contains a high level of omega-6 fatty acids and trans fats, which have been associated with adverse health effects, particularly in relation to heart health. As consumers become more health-conscious, the demand for oils with better nutritional profiles, such as olive and canola oils, may affect cottonseed oil’s growth.
Environmental Impact of Cotton Farming Cotton farming is water-intensive and often relies heavily on pesticides and fertilizers, leading to environmental concerns regarding water use and soil degradation. As sustainability becomes a more prominent issue for consumers, there is increasing demand for environmentally friendly, non-GMO, and organic products, including oils. This could potentially limit the market for conventionally produced cottonseed oil.
Intense Competition The cottonseed oil market faces stiff competition from other vegetable oils such as soybean oil, sunflower oil, and palm oil. These oils not only offer competitive prices but are also perceived as healthier alternatives in some regions, especially in developed markets. This competition may dampen cottonseed oil’s market share, particularly in regions where consumers are increasingly health-conscious.
Price Volatility Cottonseed oil is closely tied to the price of cotton, which is subject to fluctuations due to weather conditions, global demand, and crop yields. Price volatility in cotton farming directly impacts the cost of cottonseed oil production, potentially limiting profitability for manufacturers and leading to higher prices for consumers.
Emerging Trends in the Cottonseed Oil Market
Healthier Variants and Product Innovation As consumers demand healthier oils, manufacturers are exploring ways to improve the fatty acid profile of cottonseed oil. Innovations such as cold-pressed and non-GMO cottonseed oils are gaining popularity. Offering blends of cottonseed oil with other oils that have more favorable health attributes could also help manufacturers meet the evolving needs of health-conscious consumers.
Sustainability Initiatives With environmental sustainability becoming an essential factor for both producers and consumers, the cottonseed oil industry is likely to see more efforts aimed at sustainable farming practices. This includes reducing water usage, minimizing pesticide application, and focusing on organic cotton cultivation. Such efforts could appeal to eco-conscious consumers and help mitigate the environmental concerns surrounding cottonseed oil production.
Growth in Emerging Markets The cottonseed oil market has significant growth potential in emerging economies, particularly in regions like Asia-Pacific, Africa, and Latin America. Rising disposable incomes, changing lifestyles, and increasing urbanization are leading to higher consumption of processed foods, creating an opportunity for cottonseed oil to tap into new markets. These regions are expected to become key drivers of market growth in the coming years.
Rising Demand for Biodiesel The biofuel market, particularly biodiesel made from vegetable oils, is expected to continue growing as countries aim to reduce their dependence on fossil fuels. Cottonseed oil’s potential as a biodiesel feedstock opens up new opportunities in this sector, helping to diversify its uses beyond food.
Market Outlook
The cottonseed oil market is expected to experience moderate growth in the next decade, driven by increased demand in food processing, biofuel production, and cosmetics. However, challenges such as health concerns, competition from other oils, and environmental sustainability issues will continue to shape the market landscape. To capitalize on growth opportunities, manufacturers will need to focus on product innovation, sustainability practices, and expanding into emerging markets.
Overall, the cottonseed oil market is poised for steady growth, but its success will depend on how effectively the industry can address these challenges and adapt to the evolving consumer landscape.
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Specialty Fats And Oils Market To Reach USD 23.78 Billion By 2030
Specialty Fats And Oils Market Growth & Trends
The global specialty fats and oils market size is expected to reach USD 23.78 Billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.4% from 2024 to 2030. The specialty fats and oils market is experiencing significant growth due to an increasing demand for processed foods and convenience products among consumers worldwide. This trend is particularly prevalent in urban areas, where busy lifestyles and rising disposable incomes steer consumers towards ready-to-eat and packaged foods. Specialty fats and oils, offering tailored functionalities, flavors, and nutritional profiles, are integral to developing and enhancing these food products. Moreover, the versatility of these fats and oils makes them suitable for a wide range of applications, from baking and frying to confectionery and dairy products, further propelling their demand in the food processing industry.
In addition to the food sector, the demand in the personal care and cosmetics industry is bolstering the specialty fats and oils market. These ingredients are highly valued for their emollient properties, stability, and ability to act as carriers for other components, which makes them essential in the formulation of skincare, haircare, and cosmetic products. The growing consumer awareness of natural and organic ingredients, coupled with a willingness to spend on high-quality personal care products, contributes significantly to this market expansion.
Furthermore, advancements in technology and innovation in the extraction, processing, and application of specialty fats and oils play a crucial role. Manufacturers are continuously seeking new methods to improve their products' functionality, health benefits, and sustainability, responding to the evolving demands of consumers and regulatory bodies. The development of non-hydrogenated, trans-fat-free, and low-saturated fat products illustrates the industry's adaptation to health-conscious trends. Environmental concerns and the sustainable sourcing of raw materials influence market dynamics, with a pronounced shift towards more eco-friendly and ethically produced specialty fats and oils. This combination of technological, consumer, and environmental factors is shaping the growth and future direction of the specialty fats and oils market.
The expanding food industry and ongoing product innovations significantly propel the specialty fats and oils market. As food manufacturers strive to meet evolving consumer demands for taste, texture, and nutritional value, they increasingly turn to specialty fats and oils as crucial ingredients. These components allow for the creation of novel food products with improved functionality, stability, and sensory attributes. From enhancing the mouthfeel of low-fat products to extending shelf life and providing specific melting profiles for confectionery, specialty fats and oils enable food companies to differentiate their offerings in a competitive marketplace. This constant push for innovation drives research and development efforts, leading to the introduction of new specialty fat and oil formulations tailored to specific applications, further expanding the market's potential and encouraging growth across various food categories. In August 2023, AAK, a provider of plant-based fats & oil, introduced Cebes choco 15, a patented blend that can enhance the cocoa flavor in baked goods by incorporating up to 15% cocoa ingredients.
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Specialty Fats And Oils Market Report Highlights
Based on product type, specialty oils possess segment held a revenue share of 72.3% in 2023, due to the rising popularity of plant-based diets and the growing awareness of their health benefits, such as omega-3 fatty acids. Furthermore, the expanding applications of specialty oils in cosmetics, pharmaceuticals, and biofuels contribute significantly to market growth, driven by their functional properties and sustainability advantages.
On the other hand, specialty fats segment is expected to witness a CAGR of 7.5% during 2024 to 2030, owing to its versatility in enhancing texture, stability, and nutritional profiles of food products, meeting consumer preferences for healthier alternatives. Additionally, their increasing use in confectionery, bakery, and dairy industries to improve product quality and shelf life further boosts market growth.
In terms of application, confectionery possesses segment a share of 54.5% in 2023. The demand for specialty fats and oils in the bakery and confectionery industry is driven by their ability to enhance product texture, mouthfeel, and shelf life. Additionally, consumer preferences for healthier alternatives and the versatility of specialty fats and oils to meet specific dietary and functional requirements further stimulate market growth in this sector.
Europe held a market share of 21.6% in 2023, owing to the growing demand for high-quality, healthier alternatives to conventional fats and oils, along with the burgeoning food industry needing specialized fats for various applications. Moreover, stringent EU regulations on food safety and sustainability are pushing manufacturers towards sustainable sourcing and production practices, further fueling the market growth.
Asia-Pacific is expected to grow at a CAGR 8.0% during 2024 to 2030, due the rising demand for processed foods and the growing confectionery and bakery industries. Additionally, increased health awareness and the shift towards healthier dietary fats contribute to market growth in this region.
Regional Insights
In 2023, the specialty fats and oils market in North America captured a revenue share of 23.9%, owing to the increasing consumer demand for healthier alternatives in food products, such as low-trans-fat and non-GMO options. Additionally, technological advancements in processing methods and growing applications in industries like confectionery and bakery also contribute to market growth.
U.S. Specialty Fats And Oils Market Trends
The specialty fats and oils market in the U.S. accounted for a notable revenue share in 2023. In the U.S., factors driving the market include the rising popularity of plant-based diets and the consequent demand for plant-derived oils like coconut and avocado oil. Moreover, innovations in the cosmetics and personal care industry, where specialty fats and oils are used as key ingredients, contribute significantly to market expansion.
Specialty Fats And Oils Market Segmentation
Grand View Research has segmented the specialty fats and oils market report based on product type, application, and region:
Specialty Fats And Oils Product Type Outlook (Revenue, USD Million, 2018 - 2030)
Specialty Oils
Specialty Fats
Specialty Fats And Oils Application Outlook (Revenue, USD Million, 2018 - 2030)
Confectionery
Dairy
Specialty Fats And Oils Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
List of Key Players of Specialty Fats And Oils Market
Bunge Limited
Wilmar International Limited
Golden Agri-Resources Ltd
Kuala Lumpur Kepong Berhad
Sime Darby Plantation Sdn Bhd
Cargill
Liberty Oil Mills Ltd.
Henry Lamotte Oils GmbH
Savola Group
IOI Corporation
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/specialty-fats-oils-market-report
#Specialty Fats And Oils Market#Specialty Fats And Oils Market Size#Specialty Fats And Oils Market Share#Specialty Fats And Oils Market TRends
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Fatty Acid Prices, Price, Pricing, Trend, Demand and Forecast | ChemAnalyst
Fatty Acid Prices, crucial components in various industries ranging from food to pharmaceuticals, exhibit dynamic price fluctuations influenced by a multitude of factors. These compounds, comprising saturated, unsaturated, and trans fats, play pivotal roles in human nutrition, cosmetics, and industrial applications, thereby rendering their market prices a focal point for stakeholders across sectors. In understanding the determinants of fatty acid prices, one must delve into the intricate interplay of supply and demand dynamics, global economic trends, geopolitical factors, and advancements in production technologies.
The supply of fatty acids is contingent upon agricultural output, predominantly sourced from vegetable oils such as soybean, palm, and rapeseed oils. Fluctuations in crop yields due to weather patterns, pest infestations, and geopolitical disruptions can significantly impact the availability of raw materials, thereby exerting upward pressure on prices. Moreover, the burgeoning demand for biofuels has augmented the consumption of vegetable oils, diverting a substantial portion of the global supply away from traditional applications, consequently exacerbating price volatility.
Concomitantly, demand for fatty acids is underpinned by their ubiquitous utility across diverse industries. In the food sector, these compounds serve as essential ingredients in the production of margarine, cooking oils, and confectionery items, thereby tethering their prices to consumption patterns and dietary trends. Conversely, the pharmaceutical and cosmetics industries necessitate fatty acids for the synthesis of pharmaceutical excipients and skincare formulations, respectively, thereby amplifying demand-side pressures on prices.
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Furthermore, macroeconomic variables such as exchange rates, inflation rates, and interest rates exert an indelible influence on fatty acid prices. Currency fluctuations can render imports more expensive or competitive, thereby reshaping the global trade landscape and fostering price disparities across regions. Moreover, inflationary pressures can escalate production costs, thereby prompting manufacturers to pass on the additional expenses to consumers in the form of elevated prices. Conversely, accommodative monetary policies can stimulate consumer spending, thereby bolstering demand for fatty acid-containing products and propelling prices upward.
The geopolitical milieu also casts a shadow over fatty acid prices, with geopolitical tensions, trade disputes, and regulatory interventions impinging upon supply chains and market dynamics. Trade policies, tariffs, and embargoes can disrupt the flow of raw materials and finished products, thereby distorting supply-demand dynamics and exacerbating price volatility. Moreover, regulatory measures aimed at curtailing the consumption of trans fats or promoting sustainable sourcing practices can engender compliance costs for manufacturers, thereby precipitating price adjustments across the value chain.
Technological advancements wield a transformative influence on fatty acid prices by enhancing production efficiencies, expanding supply capacities, and unlocking novel applications. Innovations in extraction techniques, such as supercritical fluid extraction and enzymatic hydrolysis, have augmented yield efficiencies and reduced production costs, thereby exerting downward pressure on prices. Moreover, advances in biotechnology hold the promise of producing fatty acids through microbial fermentation or algal cultivation, thereby circumventing traditional agricultural constraints and diversifying supply sources.
In navigating the intricate landscape of fatty acid prices, stakeholders must adopt a multifaceted approach encompassing risk management strategies, supply chain diversification, and technological innovations. Forward contracts, futures contracts, and hedging mechanisms can mitigate price volatility and safeguard profit margins amidst market uncertainties. Moreover, diversifying sourcing regions and investing in sustainable supply chains can fortify resilience against geopolitical disruptions and regulatory upheavals. Embracing emerging technologies and fostering collaboration across the value chain can foster innovation and drive down production costs, thereby enhancing competitiveness in the global marketplace.
In summation, fatty acid prices epitomize the confluence of myriad factors spanning supply and demand dynamics, macroeconomic trends, geopolitical forces, and technological innovations. Understanding the intricacies of these determinants is paramount for stakeholders seeking to navigate the complexities of the fatty acid market and capitalize on emerging opportunities amidst evolving market conditions. By fostering resilience, innovation, and collaboration, stakeholders can harness the transformative potential of fatty acids to unlock sustainable growth and prosperity across industries.
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Furfural Production Technologies: A Deep Dive into Manufacturing Processes
Furfural is a natural organic compound derived as a byproduct of the biorefining of lignocellulosic biomass such as corncobs, oat hulls, and birch woodchips. It is predominantly used as a solvent and foundry reagent. Furfural has low toxicity and exhibits high solubility in various organic solvents. It finds wide usage in refining petroleum, production of medicinal fumes, extraction of oils from seeds, and synthesis of furan resins.
The global furfural market is estimated to be valued at US$ 625.21 Mn in 2023 and is expected to exhibit a CAGR of 7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:
Biofuel Production
There lies enormous potential for furfural to be used as a biofuel. It can be fermented by microorganisms into fuels like ethanol, butanol and others. This provides an attractive opportunity for furfural producers to convert it into drop-in biofuels that are compatible with the existing petroleum infrastructure. As concerns over energy security and environmental impacts of fossil fuels increase, demand for sustainable biofuels is on the rise. The extensive usage of furfural-based biofuels can significantly reduce dependence on imported oil and lower carbon emissions. Future technological advancements to optimize microbial strains and lower production costs can make furfural one of the top platforms for biofuel manufacturing. This presents a lucrative market opportunity for increased furfural demand and production in the coming years. Porter's Analysis
Threat of new entrants: The threat of new entrants in the furfural market is moderate. As capital requirements, technical expertise and developing economies of scale all pose barriers for new entrants.
Bargaining power of buyers: The bargaining power of buyers is moderate in this market as buyers have multiple options for suppliers and furfural is a relatively low-priced bulk commodity.
Bargaining power of suppliers: The bargaining power of suppliers is high as raw material sources like agricultural residues are consolidated among a few large suppliers.
Threat of new substitutes: The threat of new substitutes is low as there are limited alternatives to furfural available that can serve its various industrial applications.
Competitive rivalry: The competitive rivalry is high as the major players compete on the basis of product quality and pricing.
SWOT Analysis
Strengths: Wide applications of furfural in chemical and petrochemical industries. Developing economies with growing manufacturing sectors boost demand.
Weaknesses: Raw material prices and availability affects production costs. Environmental regulations for disposal of waste generated during production.
Opportunities: Increasing furan resin demand for automobile and construction applications offers new opportunities. Potential for value-added derivatives like furan fatty di-acids emerges.
Threats: Developments of alternative green chemicals reduce dependency on furfural. Stringent environmental norms can restrict operations of manufacturing facilities.
Key Takeaways
The global furfural market is expected to witness high growth over the forecast period of 2023-2030. The global furfural market is estimated to be valued at US$ 625.21 Mn in 2023 and is expected to exhibit a CAGR of 7% over the forecast period 2023-2030.
Asia Pacific leads both production and consumption of furfural globally with China being the largest producer. Growth of manufacturing sectors in developing nations is propelling regional demand. Europe and North America also have sizable markets and see steady demand rises from chemical industries. Key players operating in the furfural market are Illovo Sugar Africa (Pty.) Ltd, Linzi Organic Chemical Inc. Ltd., Trans Furans Chemicals bvba, Central Romana Corporation, DalinYebo, Hebeichem, KRBL Ltd., Silva team S.p.a., LENZING AG. Major players compete based on product quality and pricing.
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Shea Butter Market Share, Size, Innovations, Trending Technology, Key Driver, Services, Solution and Demand Forecast by 2032
The global shea butter market is set to witness growth at a CAGR of 7.7% and top a valuation of US$ 5.5 Billion by 2032, finds Future Market Insights (FMI). Increasing consumption and binge eating of chocolates and confectionery products is encouraging manufacturers to develop alternative solution such as shea butter as an ingredient, which are nutritional for human health.
It is now commonly acknowledged that consuming dietary items containing trans-fatty acids has significant cardiovascular health consequences. In several countries, such as the U.K., this has resulted in voluntary initiatives and governmental measures to reduce the intake of food products containing such ingredients.
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To capitalize on this trend, key operators in the market, like Cargill, are introducing shea butter as a cocoa butter equivalent in the food industry. Various factors related to cocoa butter products, like uncertainty in supply, premium price, variability in quality, and other factors have increased the demand for shea butter.
On the back of this factor, the demand for shea butter is increasing due to the extensive use in several confectionery products, such as snacks, candy & jelly, toffees, chocolate, and others.
With the concept of premiumization including superior mouthful experience and a far-fetched quality of such end products, the global shea butter market will witness steady growth over the forecast period.
Key Takeaways from Market Study
The shea butter market is expected to reach a valuation of US$ 2.6 Bn in 2022.
Sales of shea butter market is expected to increase at 7.7% CAGR between 2022 and 2032.
Global shea butter demand is projected to grow year-on-year (Y-o-Y) growth of 8.2% in 2022.
The shea butter market is growing with a notable boost towards the production to reach USD 5.5 Bn by 2032.
In terms of nature, the organic segment is anticipated to dominate the market over the forecast period
In terms of grade, the unrefined form of shea butter is expected to witness significant growth over the assessment period.
“Growing demand for shea butter as a healthy alternative ingredient to trans-fat products, is increasing with soaring market share. Due to higher availability of raw materials and reduced environment impact as a clean label product, key players are introducing raw shea butter form in cosmetic industry to gain revenue,” says a Future Market Insights analyst.
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Competitive Landscape
Key manufacturers of shea butter are focusing on sustainable product developments and also looking for investing in state-of-the-art processing facilities to further help the industry growth.
On September 8, 2020, Bunge Loders Croklaan (BLC) made an official announcement on establishing a state-of-the-art processing facility of shea butter in Tema, Ghana along with the campaign ‘Where Life Grows’ to celebrate efforts of the company to build a sustainable and resilient supply chain of shea butter in Africa.
On March 11, 2021, Fuji Oil Holdings, Inc. had launched a shea sustainability program known as ‘Tebma-Kandu’ in north Ghana to facilitate women empowerment including continuous improvement activities about reforestation and local value creation.
Shea Butter Market by Category
By Nature:
Organic
Conventional
By Grade:
Grade A (raw or unrefined)
Grade B (refined)
Grade C (highly refined)
Grade D (lowest uncontaminated grade)
Grade E (with contaminants)
By Application:
Food Processing
Cosmetics & Personal Care
Pharmaceuticals Industry
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
About Future Market Insights, Inc. Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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Polyunsaturated Fatty Acids Market Size, Share, Demand, Growth & Trends by 2032
The global polyunsaturated fatty acids market is predicted to create an absolute dollar opportunity by exhibiting a CAGR of 5.4% from 2022 to 2032. The market size reached a valuation of US$ 5459.4 Mn in 2021 and it is to touch a valuation of US$ 5743.3 Mn in 2022. Due to polyunsaturated fatty acid’s widespread application in several industries including pharmaceuticals and healthcare, food & beverages, dietary supplements, infant formula, and several other applications, which is projection a valuation of the market of about US$ 9717.8 Mn by 2032.
As compared to the historical forecast which registered a growth of 6.7% CAGR between 2016 and 2021, the current forecast of the global polyunsaturated fatty acids market size is predicted to show sluggish growth at 5.4% CAGR between 2022 and 2032.
Various multinational companies and key players in the polyunsaturated fatty acids market have established and integrated value chains involved in manufacturing raw materials and supplying omega acids as finished products. These companies are able to integrate across several levels of the value chain whilst maintaining a meticulous supply of raw materials and keeping manufacturing costs at a minimum.
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Key Takeaways
Polyunsaturated fatty acids are vital fatty acids that are essential for brain function and cell growth. These fatty acids are not produced by the human body, they are taken through diets. Owing to its undeniable need for the growth of the body, the demand for polyunsaturated fatty acids is propelling in the global market.
Polyunsaturated fatty acids consist of omega-3 fatty acids and omega-6 fatty acids. They are drastically being replaced by trans and saturated fats by offering various health benefits for the body. PUFAs reduce triglycerides, prevent arrhythmia, lower blood pressure, control blood sugar, and reduce the risk for diabetes.
Furthermore, PUFAs assist in brain development and enhances the body’s ability to absorb fat-soluble vitamins more effectively along with developing and maintaining the body’s cells. Backed by such factors, a sharp rise in the demand for products containing polyunsaturated fatty acids has been witnessed within the last few years and the trend is likely to drive growth in the market.
The surging prevalence of chronic diseases such as cardiovascular diseases, cancer, stroke, and diabetes is expected to show opulent growth in the sales of the polyunsaturated fatty acids market. Moreover, increased consumption of polyunsaturated fatty acids in various end-use industries is expected to push sales across the estimation period.
Factors such as rising awareness about the numerous health benefits of PUFAs and a surge in cardiovascular diseases, along with rising consumption of products with omega-3 fatty acids are driving growth in the global polyunsaturated fatty acids market.
Polyunsaturated fatty acids play a vital role in improving the overall metabolic process which results in enhancing cognitive functions. Consumers are rapidly getting inclined toward high nutritional products is playing a crucial role in boosting sales of polyunsaturated fatty acids.
Competitive Landscape
In order to fulfill the increasing demand for polyunsaturated fatty acids, key manufacturers in the industry are shifting their focus towards improving their production capabilities, R&D investments, collaborative partnerships, and mergers and acquisitions.
The Major Keyplayers are Koninklijke DSM N.V., BASF SE, Croda International PLC, Enzymotec Ltd., Omega Protein Corporation, Aker BioMarine AS
More Insights into the Polyunsaturated Fatty Acids Market
According to Future Market Insights, the U.S. is expected to dominate the North American polyunsaturated fatty acids market by possessing a significant share in terms of consumption. This phenomenal growth in the U.S. is driven by increasing usage of polyunsaturated fatty acids across rapidly expanding industries such as food and beverage, pharmaceutical, and nutraceutical along with the rising prevalence of cardiovascular disorders, and growing consumer awareness about the benefits of PUFAs.
Germany is projected to garner a total revenue share of about 5.9% in the global polyunsaturated fatty acids market by the end of 2022. Growth in the market is driven by the rapid consumption of foods containing polyunsaturated fatty acids.
Polyunsaturated Fatty Acids Market Key segments
By Product Type:
Alpha-Linolenic Acid (ALA)
Docosahexaenoic Acid (DHA)
Eicosapentaenoic Acid (EPA)
Linolenic Acid (LA)
Arachidonic Acid (AA)
By Source:
Algal and Fungus Oil
Fish Oil
Krill Oil
By Application:
Dietary Supplement
Infant Formula
Pharmaceuticals
Food and Beverages
Animal Food and Feed
By Form:
Oil
Syrup
Softgel and Capsule
Other (Powder, Emulsion and Gummy Candy)
By Region:
North America
Latin America
East Asia
Europe
South Asia & Pacific
Middle East & Africa
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What Is Octyldodecanol and What Are Its Benefits?
What is Octyldodecalin? It's a hair loss product that has been around for decades and is still popular today. Octyldodecalin (often referred to as octyldopancrine) is an octahydroalcohol which is part of a family of chemicals called "carboxylic acids". These acids are used in cosmetics, pharmaceuticals, and as an anti-fungal and anti-septic agent. There are many uses for what is octyldodecanol; however, it is most commonly found as an anti-aging ingredient.
Why would anyone want what is octyldodecanol anyway? Many people may not even be aware that what is octyldodecanol, but they have probably heard of the term "caffeine" several times. The truth is that what is octyldodecanol has more health benefits than what is caffeine. Caffeine, although found in coffee, is generally considered to be a stimulant and it can actually make someone feel more awake or alert. While what is octyldodecanol does not have the same effect on people as what is caffeine, what is octyldodecanol has been scientifically proven as an effective anti-aging ingredient. Other benefits that what is octyldodecanol can provide are that it is very gentle on the skin, what is octyldodecanol also has what is known as an antioxidant, what is octyldodecanol research can help your skin to regenerate what is lost during what is usually a normal aging process.
Research has shown what is octyldodecanol to be beneficial because of what is octyldodecanol's unique feature. Octyldodecoil has what is known as a CFU (carbon trans-caccharide) that is what is responsible for its foam forming ability. What is octyldodecol is actually a compound that has a higher molecular weight than what is found in wine. This higher molecular weight is what is responsible for what is octyldodecanol's foaming ability. Many cosmetic companies use what is octyldodecanol for what is octyldodecanol's foaming ability.
However what is octyldodecanol was what is actually the liquid that was introduced into the wine. After the alcohol had been removed, new hydroxyl molecules would form. These hydroxyl molecules are what is octyldodecanol's "fats". This type of fat is what is called a lipolytic fatty acid. This type of fat will break down the cholesterol in your blood stream. This can be great news for the people who have high cholesterol counts.
There are also other benefits that can be had from what is octyldodecanol, but I will save those for another article. The main benefit that is noted with what is octyldodecanol when used for what is octyldodecanol's foaming ability is that it has been proven in clinical studies to increase the cell proliferation rate of the collagen cells. This can be great news for people who are suffering from severe collagen loss. The other benefits that can be had from what is octyldodecanol are that it is a very good antioxidant, and what is octyldodecanol, is what is known as a liposculpture. This is great news as most of the products that claim to contain the liposculpture formula will not actually mention that it is an antioxidant.
So what is octyldodecanol, and what is the best way to take this natural fat? Most people choose to use what is octyldodecanol as a supplement, because it is much easier to absorb than the other natural fats that are available. People who have problems with absorption, such as individuals who have a diet that is too low in carbohydrates or people who have their carbohydrates coming from foods that are too high in saturated fats may want to consider what is octyldodecanol as a supplement.
The research team projects that the Octyldodecanol (Cas 34513-50-3) market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
By Market Players:
Croda
BASF
Evonik
Lonza
Lubrizol Corporation
Dow Chemical Company
INOLEX
Univar Inc.
Procter & Gamble
Kao Corporation
IOI Corporation
KLK OLEO
Wilmar International Limited
Musim Mas Holdings
By Type
Type I
Type II
By Application
Pharmaceutical
Cosmetic
Other
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United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
Russia
Spain
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Poland
South Asia
India
Pakistan
Bangladesh
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Indonesia
Thailand
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Malaysia
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Myanmar
Middle East
Turkey
Saudi Arabia
Iran
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Israel
Iraq
Qatar
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Oman
Africa
Nigeria
South Africa
Egypt
Algeria
Morocoo
Oceania
Australia
New Zealand
South America
Brazil
Argentina
Colombia
Chile
Venezuela
Peru
Puerto Rico
Ecuador
Rest of the World
Kazakhstan
Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
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Besides the standard structure reports, we also provide custom research according to specific requirements.
The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Octyldodecanol (Cas 34513-50-3) 2016-2021, and development forecast 2022-2027 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2022-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Octyldodecanol (Cas 34513-50-3) Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).
Markat Analysis by Application Type: Based on the Octyldodecanol (Cas 34513-50-3) Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Octyldodecanol (Cas 34513-50-3) market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Global Octyldodecanol (Cas 34513-50-3) Market Research Report 2021 Professional Edition Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
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Shortening Fats Market - Forecast 2022 -2027
Shortening Fats Market Overview
Shortening Fats Market size is estimated to reach $5.7 billion by 2027, growing at a CAGR of 4.2% during the forecast period 2022-2027. The term “shortening” technically applies to any kind of fat that is solid at room temperature, inclusive of butter, margarine, and lard. Shortening can be prepared from either animal fat or vegetable oil, but most shortening accessible presently is prepared from vegetable oils like soybean, cottonseed, or palm oil. Typical sources of shortening utilized in baked products include soybeans and canola. Sunflower seed is recognized in trail mix, multi-grain bread, and nutrition bars, and for snacking straight from the bag. It is abundant in healthy fats, advantageous plant compounds, and numerous vitamins and minerals. Foods soaring in trans fatty acids like margarine, shortening, and commercially fried food are likely to increase cholesterol levels in the blood. Palm and palm kernel oils have evolved into the primary sources for zero-trans alternative shortenings. Margarine and butter can both be utilized as an alternative for shortening, although their moisture contents need to be taken into scrutiny prior to making the exchange. Confectionary fat is utilized in the confectionary industry for preparing chocolate, candies, and baked goods. Fats serve as shortening agents averting the growth of toughness of gluten, as per the technique and the quantity, and therefore, are shortening agents.
The surging processed food sector which may involve palm kernel is set to drive the Global Shortening Fats Market. The proliferating recognition of shortening fats as feed products owing to the health advantages offered to poultry and cattle is set to propel the growth of the Global Shortening Fats Market during the forecast period 2022-2027. This represents the Global Shortening Fats Industry Outlook.
Report Coverage
The report: “Shortening Fats Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Shortening Fats Market.
By Source Type: Palm And Palm Kernel, Sunflower Seed, Soybeans, Animal Based (Butter, Tallow, Lard), Others.
By Application: Confection1ry, Ice Cream, Snacks, Bakery, Others.
By Geography: North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).
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Key Takeaways
Geographically, North America Global Shortening Fats Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the well-entrenched bakery and confectionary industry including confectionary fat in the North American region.
Global Shortening Fats Market growth is being driven by their practical predominance, enhanced formulations of shortening fats, and extensive applications of specific shortened fats and confectionary fat. However, the switching inclination of consumers from bakery and confectionary to functional meals and drinks, influencing demand and sales of shortening goods is one of the major factors hampering the growth of the Global Shortening Fats Market.
Global Shortening Fats Market Detailed Analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Shortening Fats Market report.
Shortening Fats Market Segment Analysis – By Source Type:
The Global Shortening Fats Market based on source type can be further segmented into Palm And Palm Kernel, Sunflower Seed, Soybeans, Animal-Based, and Others. The Soybeans Segment held the largest market share in 2021. This growth is owing to the heightened application of soybean shortenings inclusive of high oleic soybean and traditional soybean shortenings for an assortment of applications needing solid and semi-solid shortenings. Typical sources of shortening utilized in baked products involve soybeans and canola. The surging production of soy-based shortenings by the process of interesterification is further propelling the growth of the Soybeans segment.
Furthermore, the Animal Based segment is estimated to grow with the fastest CAGR of 5.4% during the forecast period 2022-2027 owing to the surging necessity of animal fats for cell development and the safeguarding of organs in the body apart from soybeans being a typical source of shortening used in baked products.
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Shortening Fats Market Segment Analysis – By Application:
The Global Shortening Fats Market based on the application can be further segmented into Confectionary, Ice Cream, Snacks, Bakery, and Others. The Bakery segment held the largest market share in 2021. This growth is owing to the surging demand for bakery products on a daily basis owing to the altering lifestyles, expanding population, and economic enhancements. Fully hydrogenated soybean oil derived from soybeans, which includes no trans fats may be utilized as a hard fat for the development of bakery shortenings. The proliferating urbanization and the soaring demand for ready-to-eat or fast food are further propelling the growth of this segment.
Furthermore, the Confectionary segment is estimated to grow with the fastest CAGR of 5.6% during the forecast period 2022-2027 owing to the extensive application of shortening fats in confectionary conferring their typical flavor and shortening features apart from roasted whole soybeans and their flour being utilized as constituents of conventional confectionary products and snacks in China, Japan, Korea, and Indonesia.
Shortening Fats Market Segment Analysis – By Geography:
The Global Shortening Fats Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of the World. North America (Global Shortening Fats Market) held the largest share with 33% of the overall market in 2021. The growth of this region is owing to the well-entrenched bakery industry in the North American region. Supply and demand in conjunction with technology resulted in the use of soybean oil derived from soybeans as the principal oil source for shortenings in the U.S. The surging inclination of customers towards “healthy-eating” specifically the freshly baked goods like bread, cake, pies, and more are further propelling the growth of the Global Shortening Fats Market in the North American region.
Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like considerable intake of confectionary products and the compelling share of the confectionary industry in the region in comparison with other regions. The soaring production and intake capacity together with the existence of India and China as the fastest-growing consumer markets for shortening fats with China being a big consumer of soybeans are further fuelling the progress of the Global Shortening Fats Market in the Asia-Pacific region.
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Shortening Fats Market Drivers
Surging Applications Of Shortening Fats Are Projected To Drive The Growth Of the Shortening Fats Market:
Shortening is any fat that raises the tenderness of a baked product by averting the cohesion of gluten strands at the time of blending. A tablespoon (12 grams) of Crisco all-vegetable Shortening includes 110 Calories, 12 grams of total fat, 3.5 grams of Unsaturated fat, 2.5 grams of Saturated fat, and 0 grams of protein and 0 grams of Carbs. Shortening is utilized in baking to confer tenderness and enhance flavor. The functional dominance, enhanced formulations of shortening fats, and amplifying applications of shortened fats are fuelling the growth of the Global Shortening Fats Market. Shortening fats offer a lubricating outcome in food matrices and also affects the sensory characteristics, specifically the texture and flavor attributes. Shortening is utilized to avert the formation of a gluten matrix in baked goods, permitting the establishment of non-elastic pastries like cakes. Lard, hydrogenated solidified oils, and butter may be utilized as shortening. For food applications that need high-stability alternatives, high oleic soybeans shortening surpasses most additional solutions, making it a perfect constituent. The surging applications of Shortening Fats are therefore fuelling the growth of the Global Shortening Fats Market during the forecast period 2022-2027.
Soaring Innovations In Shortening Fats Are Expected To Boost The Product Demand:
Specialty fats are utilized at distinct levels in different types of bread. When fats are utilized at higher levels in additional kinds of bread, it will avert surplus gluten development in the dough. This will provide a shorter bite, effortless melt-in-mouth, which is the reason fats utilized in bread making are also termed “shortening”. Furthermore, fats act as a “carrier” of flavors which benefits the leavening of added flavors. In November 2017, IOI Loders Croklaan Europe introduced Presdough 270 SB, the next-generation sea-based palm oil option, for superiority in bakery products. This non-hydrogenated shortening can reduce saturated fats in dough products by up to 40% and total fat by up to 20% while maintaining appropriate flavor and texture and accomplishing extra volume in puff pastry. Presdough 270 SB is greatly acceptable for laminated dough products and has the rare characteristic of making extra “puff” and a crispier crust, while the shea adds to a golden brown color. Soybean shortenings – inclusive of high oleic soybeans and traditional soybean shortenings – are approved solutions for an assortment of food applications that need solid and semi-solid shortenings. They help food firms with their extensive temperature series and superior melting characteristics. A serving size of 1 tbsp (12.8 g) of Multipurpose, soybean (hydrogenated), and palm (hydrogenated) include 113.2 calories with calories from fat being 115.2 (101.8%). Soy-based shortenings, which are frequently established through interesterification, are the U.S. developed, sustainable constituents. Functionality tests demonstrate that soy-based shortenings are the best performers in an assortment of bakery applications. The soaring innovations in Shortening Fats are therefore driving the growth of the Global Shortening Fats Market during the forecast period 2022-2027.
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Shortening Fats Market – Challenges
Disadvantages Of Shortening Fats Are Hampering The Growth Of The Shortening Fats Market:
The most typically utilized shorteners presently are produced with vegetable oils like soybeans, cottonseed, or refined palm oil. Applying the procedure of hydrogenation, these oils are created to become solid at room temperature. Though it relies on a particular type, shortening is almost 100 percent pure fat. As per the United States Department of Agriculture, one tablespoon of vegetable/lard shortening includes around:
115 calories
13 grams fat (including a mix of unsaturated, saturated and sometimes trans fat)
2.75 milligrams vitamin K (up to 8 percent DV)
3 milligrams choline
0.12 milligrams vitamin E
Apart from offering fat and some vitamin K, it fundamentally does not include any additional vital nutrients. An enormous amount of proof from the decades gone by has demonstrated that intake of products including trans fats and partially hydrogenated oils presents numerous health hazards. Investigations indicate that the adverse health outcomes linked with partially hydrogenated/trans fats are inclusive of raised hazard of heart ailment, heart attack, stroke, and elevated hardening/calcification of the arteries among other outcomes. These issues are thus hampering the growth of the Global Shortening Fats Market.
Shortening Fats Industry Outlook
Product innovation, strategic partnerships, collaborations, novel product launches, novel service launches, joint ventures, and contracts are key strategies adopted by players in the Global Shortening Fats Market. Key companies in this market are:
Bunge North America, Inc.
Yildiz Holding
Namchow Chemical Industrial Co., Ltd.
Cargill, Inc.
NMGK Group Of Companies
Fuji Oil Co., Ltd.
Conagra Foodservice
COFCO Group Co. Ltd.
Wilmar International Ltd
IFFCO INGREDIENTS
Recent Developments
In October 2021, Reddi-wip® extended offerings with novel Keto-Friendly*, Zero Sugar Whipped Topping. Reddi-Wip Zero Sugar (not a low-calorie food) is a creamy, delectable, keto-friendly whipped topping prepared with real cream, with zero grams of sugar, zero carbs, and 15 calories per serving. It includes no artificial flavors and is gluten-free.
In January 2020, it was reported that Cargill Brazil introduced a novel fat that can minimize the saturated fat content in ice cream, creams, and dairy drinks by up to 30%, as per DairyReporter. Introduced in December, Lévia+c was a mixture of vegetable oils (principally soyabean oil) and emulsifiers that had the identical physical structure as a conventional fat but a saturated fat content of 35% and an utmost trans fat content of 2%. It could be included in a recipe without altering the product formulation and also impeded melting, left no residual fat in the mouth and averted recrystallization and lumps from forming, pronounced Cargill.
In February 2020, Cargill declared a $6.4 million investment in its North American Pilot Development Center in Savage, Minnesota. As per the firm, the extension to the facility will authorize its consumers to boost their speed to market with novel products. The extended facility will permit Cargill to plan multi-scale, continuous piloting from cleansing novel vegetable oils and mixtures to creative shortening solutions for cakes, bread, cookies, and more.
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#Shortening Fats Market Share#Shortening Fats Market Size#Shortening Fats Market price#Shortening Fats Market Forecast
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Global Groundnut Oil Market - Forecast (2022 - 2027)
Global Groundnut Oil Market size is estimated to reach $934.5 Million by 2027, growing at a CAGR of 3.8% during the forecast period 2022-2027. Groundnut oil is also delineated as Arachis or peanut oil, and it falls under the category vegetable oil expunged from edible seeds of legume crop “Peanuts.” Groundnut oil is largely taken into account as a base oil for culinary applications or to improve the savor of underlying food. Arachis oil is one of the healthiest choices available in the market as it is cholesterol and trans-fat-free. Moreover, it is a good source of vitamin E and primary fatty acids such as palmitic acid, lignoceric acid, linoleic acid, oleic acid/omega-9, and stigmasterol. Therefore, owing to the heavy availability of unsaturated fats in groundnut oil, it extends several health benefits over other edible oils. The presence of vitamin E safeguards the body from free radical attacks which eventually prevents the risk of getting cancer and heart attack. Moreover, it progresses insulin sensitivity and lowers the sugar levels in patients inflicted with diabetes. The global ground oil market outlook is fairly captivating as the overall demand is augmenting. The proliferating awareness among people regarding the health benefits of groundnut oil is a major driver for the market. Nevertheless, nutty flavor and strong aroma, rising expertise of industries in food processing, plunging disposable income, and broadening online and offline retail networks are factors set to drive the growth of the global groundnut oil market for the period 2022-2027
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Global Groundnut Oil Market Report Coverage
The report: “Global Groundnut Oil Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Groundnut Oil Market.
By Product Type: Refined and Crude/Unrefined (Peanut oil blends, Cold-pressed), Gourmet.
By Application: Pharmaceuticals, Food items, Skincare products, and others.
By Packaging: Cartons, Plastic bottles and pouches, Glass bottles, and others.
By Distribution Channel: Offline Platforms (Supermarkets/Hypermarkets, Convenience stores, Grocery shops, and others), Online Platforms.
By End User: Hotels and restaurants, Households and Others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (the Middle East and Africa).
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Key Takeaways
Geographically, the Asia-Pacific Groundnut Oil Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027.
Heightening health consciousness among people is said to be the preeminent driver driving the growth of the global groundnut oil market. The emergence of strong alternatives such as soyabean oil, dwindling demand as a pandemic is roaming around the globe is the factor said to reduce the market growth.
Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Groundnut Oil Market report.
Global Groundnut Oil Market Segment Analysis-By Product Type
The Global Groundnut Oil Market based on the product type can be further segmented into refined and crude/unrefined (peanut oil blends, cold-pressed), gourmet. The unrefined oil segment held the largest share in 2021. The growth is owing to the better taste. Unrefined oil offers a rich nutty savor as they are fabricated at low heat in order to retain the natural taste of edible seeds. Therefore, it is widely used during frying to deliver rich flavor to the food. On another hand, it contains more nutrients as compared to refined options. However, the refined oil segment is estimated to be the fastest-growing with a CAGR of 4.0% over the forecast period 2022-2027. This growth is owing to mild savor, non-allergic nature, and high smoke points. During the refining process, groundnut oil is well deodorized and bleached by proper exposure to the sunlight which confiscates all the allergens and makes it suitable for people who are allergic to peanuts. Moreover, refined alternatives contain a reasonable level of fatty acids which makes them a healthier choice as compared to unrefined peanut oil.
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Global Groundnut Oil Market Segment Analysis-By Distribution Channel
The Global Groundnut Oil Market based on distribution channels can be further segmented into offline platforms (supermarkets/hypermarkets, convenience stores, grocery shops, and others), online platforms. The offline segment held the largest share in 2021. The growth is owing to the wide-ranging presence of physical grocery outlets in cities as well as pastoral areas. Let alone the western world, multinational retail corporations such as “Walmart” are making their way and expanding their presence in Asian nations such as China, Japan, India, and others. There are more than 400 retail units of Walmart operating in the Republic of China as of 2022. On another hand, India is home to over 430,000 supermarkets. Big players in the retail market are ramping up their activities to gain a strategic advantage over the competitors. Moreover, to date majority of people choose offline over online shopping platforms as they extend the option of immediate purchase, sale support options, and one-stop solutions. According to 2021 statistics, e-commerce accounted for only 12-13% of sales in the U.S. Nevertheless, the online segment is estimated to be the fastest-growing segment with a CAGR of 4.1% over the forecast period 2022-2027. This growth is owing to universal access to the internet, the reimposition of traveling restrictions with broadening virus mutations. Moreover, swift modernization and digitalization have their fair share in changing people's perceptions regarding online purchases.
Global Groundnut Oil Market Drivers
Upsurging consumption with proliferating cognizance among people regarding the health benefits of groundnut oil is anticipated to boost product demand.
With widespread modernization, the overall living standards of people are enlarging and consequently, they are turning more conscious about their health. Therefore, people are demanding for oleic rich items such as peanuts are plunging upward. Moreover, the high composition of monounsaturated fats, polyunsaturated fats, phytosterols, and vitamin E makes groundnut oil a more desired option as they extend health benefits like preventing diabetes by lowering blood sugar levels, fighting free radicals, and preventing the prevalence of life-threatening conditions such as cancer and heart attack. Consequently, peanut oil consumption is rising worldwide. For instance, India consumed around 1.24 million metric tons in 2021. On another hand, China consumes over 3 million metric tons of groundnut oil annually.
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Global Groundnut Oil Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the market. Global Groundnut Oil top 10 companies include:
Ventura Foods
Cargill
Archer Daniel Midland
Olam International
Wilmar International
General Mills
Hain Celestial Group
Associated British Foods
Parrish and Heimbecker
FreshMill Oils
Recent Developments
On December 13, 2021, New York, United States-based natural and organic product manufacturer “Hain Celestial group” publicized that the company has signed an agreement under which it will acquire US-based company “That’s How We Roll.” The acquisition will put Hain in possession of famous snaking brands Parmcrips and Thrinsters.
On May 18, 2021, Olam food Ingredients, a leading food, and beverages division of Singapore-based company “Olam International” announced the successful acquisition of California, United States-based company “Olde Thompson.” Olam Food made a payment of $950 million in order to wrap up the acquisition process for further consolidation of its portfolio of private label offerings.
On September 12, 2017, London, United Kingdom-based food processing company “Associated British foods” announced the successful acquisition of Northern Italy-based Balsamic Vinegar of Modena (BVM) producer “Acetum.” British foods brought the acquisition to a close with a payment of 300 million euros.
#Global Groundnut Oil Market#Global Groundnut Oil Market size#Global Groundnut Oil industry#Global Groundnut Oil Market share
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Europe Biodiesel Market by Product, Types, Procedure, Application, End-user Global Forecast to 2029
Industry Analysis
Europe biodiesel market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with a CAGR of 4.7% in the forecast period of 2022 to 2029 and is expected to reach USD 43,330.31 million by 2029. Some of the major factors driving the market growth are growing demand for eco-friendly fuels, high compatibility of biodiesel with existing diesel engines, and rapidly depleting reserves of fossil fuels.
The wide-ranging Data Bridge market report covers an array of aspects of the market analysis which today’s businesses call for. This market document also defines a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. An outstanding Data Bridge market report puts light on many aspects related to Chemical and Materials industry and market.
Market Insights and Scope
Biodiesel is obtained from renewable feedstock such as vegetable oil and animal fats by utilizing a chemical procedure called trans-esterification which converts oil and fats into fatty acids methyl esters. It is employed as a substitute for petroleum diesel fuel and is often combined with petroleum diesel fuel for other parts. It is efficient to decrease exhaust release when compared to petroleum diesel fuel. It has applications in automotive, marine, aviation, industrial, and other industries. In marine industry, it is used as an excellent material as shipping fuel, being biodegradable and non-toxic in nature.
Additionally, the credible Europe Biodiesel Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Chemical and Materials industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
Industry Segmentation
Europe biodiesel market is segmented into four notable segments based on feedstock, blend, production technology, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Feedstock
Vegetable Oil
Animal Fats
Blend
B20
B10
B5
B100
Production Technology
Trans-Esterification
Pyrolysis
Hydro Heating
Dilution
Micro-Emulsification
Application
Fuel
Power Generation
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Market Country Level Analysis
The countries covered in the market are
U.K., Russia, France, Spain, Italy, Germany, Turkey, Netherlands, Switzerland, Belgium, Luxembourg, and rest of Europe. France is dominating the market in terms of market share and market revenue due to the growing demand for commercial vehicles in the region.
Get full access to the report: https://www.databridgemarketresearch.com/reports/europe-biodiesel-market
Industry Share Analysis
Some of the prominent participants operating in the Europe biodiesel market are
Louis Dreyfus Company, Münzer Bioindustrie GmbH, Bio-Oils Energy, Argent Energy, Eco Fox Srl, ecomotion.de, ECODIESEL COLOMBIA S.A., ADM, Neste, Renewable Energy Group, VERBIO Vereinigte BioEnergie AG, Petróleo Brasileiro S.A. – Petrobras, and Cargill, Incorporated.
An influential Europe Biodiesel Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).
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Oleochemicals Market In-Depth Analysis of Industry Share, Growth Outlook 2025
6th December 2021 – The global Oleochemicals Market is expected to reach USD 31.9 billion by 2025. Oleochemicals is termed as a chemical derived from natural fats and oils of both animal and plant origins. They also comprise those byproducts resulting from the subsequent alteration of the carboxylic acid group of the fatty acids by biological or chemical means. Basic Oleochemicals are glycerol, fatty acids, fatty amines, fatty methyl esters, and fatty alcohols. It is exclusively used for food purposes. It is produced by splitting fats or oils via a trans-esterification/alcoholysis or hydrolysis process. The Oleochemicals Market is estimated to grow at a significant CAGR of 5.2% over the forecast period as the scope and its applications are rising enormously across the globe.
Rising demand from customers, developing market for green chemicals, growing demand from personal care & pharmaceutical industry, and easy availability of raw materials are documented as major factors of Oleochemicals Market that are estimated to enhance the growth in the years to come. Oleochemicals Market is segmented based on type, applications, and region. Glycerin, fatty acid, fatty alcohol, and other types could be explored in Oleochemicals in the forecast period. The fatty acid sector accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. It is used as an inactive ingredient in pharmaceuticals, fat emulsion, lipid formulation, and liposomes. Animal fats like duck and lard contain fatty acids. On the other hand, vegetable fats like cottonseed oil, coconut oil, palm oil, cocoa butter, and palm kernel oil fat contain fatty acids.
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The market may be categorized based on applications like polymers, pharmaceutical & personal care, soaps & detergents, food & beverages, and others.“Soaps & detergents” sector accounted for the substantial market share of Oleochemicals in 2016 and is estimated to lead the overall market in the upcoming period. Also, the pharmaceutical & personal care sector is estimated to grow at the fastest pace with the highest CAGR in the years to come. This may be because they are cost-efficient and there is rising awareness among customers regarding environmental benefits.
Globally, Asia Pacific accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. In addition, the sector is estimated to grow at a significant CAGR in the coming years. This may be because of the presence of key manufacturers in the region and the rising use of natural chemicals to produce Oleochemicals. Developing countries like China and India are the major consumers of Oleochemicals in this region. Instead, North America and Europe are also estimated to have a positive influence on future growth. North America is the second-largest region with a significant market share. The United States is a major consumer of Oleochemicals in this region. However, Europe is estimated to grow at the fastest pace with the highest CAGR in the foremost period.
The key players of the Oleochemicals industry are Wilmar International, BASF, Procter & Gamble, Cargill, Kuala Lumpur Kepong Berhad, Emery Oleochemicals, 3F Industries, TerraVia Holdings, Cogreen Oleochemicals, Vegetable Vitamin Foods Company, Evyap-Oleo, and Oleon. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Oleochemicals Market Share and Specification forecast To 2025
6th December 2021 – The global Oleochemicals Market is expected to reach USD 31.9 billion by 2025. Oleochemicals is termed as a chemical derived from natural fats and oils of both animal and plant origins. They also comprise those byproducts resulting from the subsequent alteration of the carboxylic acid group of the fatty acids by biological or chemical means. Basic Oleochemicals are glycerol, fatty acids, fatty amines, fatty methyl esters, and fatty alcohols. It is exclusively used for food purposes. It is produced by splitting fats or oils via a trans-esterification/alcoholysis or hydrolysis process. The Oleochemicals Market is estimated to grow at a significant CAGR of 5.2% over the forecast period as the scope and its applications are rising enormously across the globe.
Rising demand from customers, developing market for green chemicals, growing demand from personal care & pharmaceutical industry, and easy availability of raw materials are documented as major factors of Oleochemicals Market that are estimated to enhance the growth in the years to come. Oleochemicals Market is segmented based on type, applications, and region. Glycerin, fatty acid, fatty alcohol, and other types could be explored in Oleochemicals in the forecast period. The fatty acid sector accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. It is used as an inactive ingredient in pharmaceuticals, fat emulsion, lipid formulation, and liposomes. Animal fats like duck and lard contain fatty acids. On the other hand, vegetable fats like cottonseed oil, coconut oil, palm oil, cocoa butter, and palm kernel oil fat contain fatty acids.
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The market may be categorized based on applications like polymers, pharmaceutical & personal care, soaps & detergents, food & beverages, and others.“Soaps & detergents” sector accounted for the substantial market share of Oleochemicals in 2016 and is estimated to lead the overall market in the upcoming period. Also, the pharmaceutical & personal care sector is estimated to grow at the fastest pace with the highest CAGR in the years to come. This may be because they are cost-efficient and there is rising awareness among customers regarding environmental benefits.
Globally, Asia Pacific accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. In addition, the sector is estimated to grow at a significant CAGR in the coming years. This may be because of the presence of key manufacturers in the region and the rising use of natural chemicals to produce Oleochemicals. Developing countries like China and India are the major consumers of Oleochemicals in this region. Instead, North America and Europe are also estimated to have a positive influence on future growth. North America is the second-largest region with a significant market share. The United States is a major consumer of Oleochemicals in this region. However, Europe is estimated to grow at the fastest pace with the highest CAGR in the foremost period.
The key players of the Oleochemicals industry are Wilmar International, BASF, Procter & Gamble, Cargill, Kuala Lumpur Kepong Berhad, Emery Oleochemicals, 3F Industries, TerraVia Holdings, Cogreen Oleochemicals, Vegetable Vitamin Foods Company, Evyap-Oleo, and Oleon. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Oleochemicals Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025
October 26, 2021: Global Oleochemicals Market is expected to reach USD 31.9 billion by 2025. Oleochemicals is termed as a chemical derived from natural fats and oils of both animal and plant origins. They also comprise those byproducts resulting from the subsequent alteration of the carboxylic acid group of the fatty acids by biological or chemical means. Basic Oleochemicals are glycerol, fatty acids, fatty amines, fatty methyl esters, and fatty alcohols. It is exclusively used for food purposes. It is produced by splitting fats or oils via a trans-esterification/alcoholysis or hydrolysis process. The Oleochemicals Market is estimated to grow at a significant CAGR of 5.2% over the forecast period as the scope and its applications are rising enormously across the globe.
Rising demand from customers, developing market for green chemicals, growing demand from personal care & pharmaceutical industry, and easy availability of raw materials are documented as major factors of Oleochemicals Market that are estimated to enhance the growth in the years to come. Oleochemicals Market is segmented based on type, applications, and region. Glycerin, fatty acid, fatty alcohol, and other types could be explored in Oleochemicals in the forecast period. Fatty acid sector accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. It is used as an inactive ingredient in pharmaceuticals, fat emulsion, as lipid formulation, and liposomes. Animal fats like duck and lard contain fatty acid. On the other hand, vegetable fats like cottonseed oil, coconut oil, palm oil, cocoa butter, and palm kernel oil fat contains fatty acid.
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The market may be categorized based on applications like polymers, pharmaceutical & personal care, soaps & detergents, food & beverages, and others.“Soaps & detergents” sector accounted for the substantial market share of Oleochemicals in 2016 and is estimated to lead the overall market in the upcoming period. Also, pharmaceutical & personal care sector is estimated to grow at the fastest pace with the highest CAGR in the years to come. This may be because they are cost-efficient and there is rising awareness among customers regarding environmental benefits.
Globally, Asia Pacific accounted for the substantial market share of Oleochemicals and is estimated to lead the overall market in the coming years. In addition, the sector is estimated to grow at significant CAGR in the coming years. This may be because of presence of key manufacturers in the region and rising use of natural chemicals to produce Oleochemicals. The developing countries like China and India are the major consumers of Oleochemicals in this region.
Instead, North America and Europe are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. The United States is a major consumer of Oleochemicals in this region. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.
The key players of Oleochemicals industry are Wilmar International, BASF, Procter & Gamble, Cargill, Kuala Lumpur Kepong Berhad, Emery Oleochemicals, 3F Industries, TerraVia Holdings, cogreenOleochemicals, Vegetable Vitamin Foods Company, Evyap-Oleo and Oleon. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Market Segment:
Oleochemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Fatty acids
• By Application
• Soap & Detergents
• Intermediates
• Plastics
• Rubber
• Paper
• Lubricant & Greases
• Personal Care
• Fatty alcohol
• By Product
• C6-C10
• C11-C14
• C15-C22
• By Application
• Personal Care
• Soaps & Detergents
• Amines
• Lubricants
• Others
• Glycerol
• By Application
• Personal Care & Pharmaceuticals
• Alkyd Resins
• Polyether Polyols
• Food & Beverages
• Tobacco Humectants
• Others
Oleochemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Belgium
• The Netherlands
• Asia Pacific (APAC)
• China
• India
• Japan
• Malaysia
• Indonesia
• Philippines
• Middle East & Africa (MEA)
• Central & South America (CSA)
• Brazil
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Key Trends Shaping the Fats & Oils Market
The report "Fats & Oils Market by Type (Vegetable Oils (Palm, Soybean, Rapeseed, Sunflower, and Olive), Fats (Butter, Tallow, and Lard)), Application (Food and Industrial), Source (Vegetables and Animals), Form, and Region - Global Forecast to 2026" The global fats & oils market is estimated to be valued at USD 236.7 billion in 2021. It is projected to reach USD 285.22 billion by 2026, recording a CAGR of 3.8% during the forecast period. The global fats & oils market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. The growth of this market is attributed to the increased awareness about healthier substitutes to trans-fat, demand for a more nutritious and balanced diet among consumers, and sustainable food and energy systems. Companies manufacturing edible oil or cooking oil are positioning their products as healthy oils to gain market share as the customers are focusing on consuming healthy food.
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Palm oil continued to be the most popular vegetable oil globally, given its varied applications
Among vegetable oils, palm oil remained the most popular with around 30% of the market share. Grown only in tropical countries, oil palm trees produce high-quality oil that is used for cooking in developing countries. It is also used in food products, detergents, cosmetics, and to a small extent, biofuels. Being a very productive crop, it is used across applications and across the globe. It offers a far greater yield at a lower cost of production than other vegetable oils. The soybean oil market is projected to be the fastest-growing market by 2026. Animal fats find major applications in pet food, animal feed, and other industrial purposes such as biodiesel and oleochemicals.
Vegetable oils garnered popularity as a replacement to traditional oils and trans-fats
The fats & oils market, by application, is estimated to be dominated by the food applications segment in 2021. It is also projected to be the fastest-growing segment during the forecast period. Oils of plant origin have been predominantly used for food-based applications. Plant oils not only represent a non-polluting renewable resource, but also provide a wide diversity in fatty acids composition with diverse applications.
The rising health awareness among the people of every generation has led to a rise in the adoption of vegetable oils and fats to replace traditional oils and trans-fats, which contain a high level of saturated fatty acids and are known to cause various ailments.
Asia Pacific remained the largest and fastest growing regional market, owing to high consumption in China and India
Asia Pacific, followed by Europe, accounted for the largest share both in value and volume in the global fats & oils market in 2021. The large consumption base in Asia Pacific, i.e., robust processed foods and industrial applications for fats and oils, makes it the fastest-growing region during the forecast period. Asia pacific fats & oils market is majorly driven by China and India, owing to the shift in consumption patterns and the high imports of vegetable oils and fats. As per a report by Jiangnan University, China, the consumption of vegetable oils in China has been increasing year by year. The top vegetable oils consumed in China included soybean oil, rapeseed oils, palm oil, and peanut oil. India is the world’s second-largest consumer and the largest importer of vegetable oils. The country is expected to maintain a high per capita consumption level, reaching 14 kg/capita by 2030.
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The Key players in this market include Associated British Foods PLC (UK), Archer Daniels Midland Company (US), Bunge Limited (US), Wilmar International Limited (Singapore), United Plantations Berhad (Malaysia), Unilever PLC (UK), Ajinomoto Co., Inc. (Japan), Mewah International Inc. (Singapore), Cargill, Incorporated (US), Richardson International Limited (Canada), International Foodstuff Company (UAE), Goodhope Asia Holdings Ltd. (Singapore), Vega Foods (Singapore), Welch, Holme & Clark Co., Inc. (US), Oleo Fats (Philippines), CSM Ingredients (US), AAK International (UK), Fuji Oil Co., Ltd. (Japan), Gemini Edible & Fats India Pvt Ltd. (India), and K S Oils (Singapore).
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Fatty Acid Methyl Ester Market Set to Witness Huge Growth by 2026
Fatty acid methyl ester (FAME) is a biological chemical formed by trans-esterification of methanol and fatty acids. The product can be derivative from several bio-based sources like palm oil, vegetable oil, rapeseed, and soya beans. Rapeseed is most commonly chosen to produce fatty acid methyl ester owing to better oil content than other material sources. Furthermore, the bio-fuel or biodiesel made from rapeseed has high cetane content, which springs complete combustion by lowering harmful gases' emissions. FAME is mainly used as a primary constituent in biodiesel. It is significantly chosen over conventional diesel due to the several beneficial properties like non-toxic or low toxic emissions and biodegradable nature. Instead of other free fatty acids, FAME is majorly used to nullify any corrosion that free fatty acids can cause to the metals of engines and production facilities. Additionally, in the food & beverages industry, FAME is used as an emulsifying and thickening agent. The Fatty Acid Methyl Ester Market is expected to grow at a 5.40% CAGR by 2026.
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Fatty Acid Methyl Ester Market by Application Fuels Lubricants Coatings Metal Working Fluids Food & Agriculture Others Fatty Acid Methyl Ester Market by TypeRapeseed methyl ester Soy methyl ester Palm oil methyl ester Others Fatty Acid Methyl Ester Market by GeographyNorth America Europe Asia Pacific Rest of the World On the basis of the Application, the growing need for fuel security has controlled these economies, searching for alternative fuels like biodiesel. The rising dependency on fossil fuel and depleting fossil fuel reserves has led to countries seeking alternative fuel sources. This is consequently anticipated to drive the development of the fatty acid methyl ester market.
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In terms of type segment, rapeseed methyl ester controlled the global fatty acid methyl ester market. This can be qualified because rapeseed-based biodiesel has greater efficiency and better performance than methyl ester types. Rapeseed covers higher oil contents, which are more suitable for lubricating, coating, and metalworking fluid applications. These factors are anticipated to boost the development of the rapeseed segment in the coming years.The APAC fatty acid methyl ester market is anticipated to witness the highest growth during the estimated period. This is due to growing environmental awareness to reduce greenhouse gas emissions and increasing provision from the government to encourage biodiesel in the region.This report gives companies' profiles leading the Fatty Acid Methyl Ester Market: Archer Daniels Midland Company, Emery Oleochemicals Group, Longyan Zhuoyue New Energy Co. Ltd., Wilmar International Limited, Alnor Oil Co. Inc, Avantor Performance Materials, Eastman Chemical Company, FUSHIMI Pharmaceutical Co., Berg Schmidt, Velsicol Chemical LLC, and Smart Chemicals Group Co.Enquire for Discount Or Get Customization of Report @ https://www.trendsmarketresearch.com/report/discount/13557
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