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Fats & Oils Market Analysis, Trends, Growth, Forecast to 2021

The fats & oils market is projected to grow at a CAGR of 4.4%, in terms of value, from 2016 to reach a projected value of USD 247.78 Billion by 2021. The market is driven by the demand from Asia-Pacific countries, particularly India, China, Malaysia, and Indonesia. Demand from the respective food sectors of these countries, which are supported by rise in living standards and population growth are factors driving the fats & oils market. The increased focus on biofuels, such as biodiesel from vegetable oils and animal fats, is fueling the demand for fats & oils.

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Fats & Oils Market Analysis, Trends, Growth, Forecast to 2021

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  1. MarketsandMarkets™ Presents Fats & Oils Market - Forecast to 2021 https://www.marketsandmarkets.com/Market-Reports/fats-oils-market-6198812.html

  2. The report "Fats & Oils Market by Type (Palm, Soybean, Rapeseed, Sunflower, and Olive), Animal Fat (Butter, Tallow, and Lard), Application (Food & Industrial), Source (Vegetable & Animal), Form (Liquid & Solid), Brand, and Region - Global Forecast to 2021", The fats & oils market is projected to grow at a CAGR of 4.4%, in terms of value, from 2016 to reach a projected value of USD 247.78 billion by 2021. Browse 117 market data Tables and 74 Figures spread through 206 Pages and in-depth TOC on "Fats & Oils Market - Global Forecast to 2021“ Fats & oils are widely accepted in food applications due to their functional properties. They play an important role in determining the desired physiochemical and sensory attributes such as smooth, creamy, and rich texture; milky and creamy appearance; and desirable flavors. Fats & oils are used in oleochemical industries and for the production of biodiesel. Hence, fats & oils as a raw material will be viewed as a business opportunity in the next five years for the growth of the oleochemicals and biodiesel industries. The Asia-Pacific region accounted for the largest share, in terms of both value and volume, in the global fats & oils market, in 2015. Increase in population and growth in consumption of fats & oils, especially in Asian countries such as China and India, are projected to augment the growth of the fats & oils market in the Asia-Pacific region. Growth in population and development of food and non-food industries in the Asia-Pacific region demand more fats & oils than other end-use industries in the world. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6198812

  3. The years considered for the study are as follows: • Base year: 2015 • Estimated year: 2016 • Projected year: 2021 • Forecast period: 2016 to 2021 • Target Audience: • Raw material suppliers/growers • Oilseed suppliers/growers • Fat and/or oil processors/manufacturers • Intermediary suppliers • Wholesalers • Retailers • Dealers • Consumers • Processed food manufacturers • Biodiesel manufacturers • Feed additive manufacturers • Oleochemical companies • Research institutes and organizations • Government bodies, venture capitalists, and private equity firms • Request for New Version: https://www.marketsandmarkets.com/RequestNewVersion.asp?id=6198812

  4. Research Methodology This report includes estimations of market sizes in terms of value (USD billion). Both top-down and bottom-up approaches have been used to estimate and validate the size of the fats & oils market and of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market share in respective regions has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources, such as reports published by Institute of Shortening and Edible Oils (ISEO), American Oil Chemists' Society (AOCS), and the Argentina Association of Fats and Oils (ASAGA), and have been verified through primary sources. Market Ecosystem The various contributors involved in the value chain of fats & oils include oilseed growers, manufacturers, suppliers, distributors, intermediaries, and end-use industries. Various types of oilseed grow in different regions Asia-Pacific countries are major suppliers of palm oil, while European and North American countries are large-scale suppliers of rapeseed oil and soybean oil, respectively. The leading players in the market prefer a vertically integrated business model, which includes procuring the oilseed, crushing, refining, and byproduct production such as oleochemicals and feed. Maximum value addition is observed in the stages such as oilseed crushing, crude oil refining, and packaging. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=6198812

  5. Scope of the Report: • Based on Type, the market has been segmented as follows: • Oil type • Palm oil • Soybean oil • Rapeseed oil • Sunflower oil • Olive oil • Others (coconut oil, cottonseed oil, and peanut oil) • Fat type • Butter • Shortenings & margarine • Lard • Tallow • Others (poultry fats and suet)

  6. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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