Fats and Oils Market Report 2025 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance, the global fats and oils market is projected to grow, witnessing a CAGR of 6.42% during the forecast period to 2030.
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Fats and oils are being used extensively in food applications such as confectioners in the production of candies, and for polishing of confectionery products. Also, refined olive oil and coconut oil are increasingly being used for various bakery applications as it is bland in taste, thereby, allowing food to maintain its original flavour. Additionally, it does not exhibit any pungency, unlike mustard oil.
The rising awareness to use healthier alternatives such vegetable-derived oils among the consumers, increasing health concerns about traditional fats, and increased consumption of processed and baked food items are some of the factors that have supported long-term expansion for Fats & Oils Market.
Key Players of Fats and Oils Market: Fats and Oils Market
- Cargill Inc.
- Sime Darby Plantation
- Bunge Limited
- AAK
- Olam International Limited
- ADM
- Wilmar oil
Regional Analysis
The Asia Pacific region is projected to be the fastest-growing market for fats & oils. The region is home to two important palm and palm kernel oil-producing countries namely Malaysia, and Indonesia: and two major fats & oils consuming countries namely China, and India. This is one of the significant factor which ensures that Asia pacific region is the largest as well as the fastest-growing market in fats & oils.
Recent Developments
Cargill laid out plans to build a new USD 200 million palm oil refinery in Indonesia to accelerate its efforts to develop a sustainable palm supply chain and provide verified deforestation-free products to customers.
ADM planned to build its first-ever dedicated soybean crushing and refinery in the US to meet the fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.
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