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Worldwide Specialty Fats and Oils Industry to 2028 - Increasing Health Awareness Among Consumers is Driving Growth

·9-min read

Dublin, May 06, 2021 (GLOBE NEWSWIRE) -- The "Specialty Fats and Oils Market Size, Share & Analysis, By Type, By Form (Dry, Liquid), By Functionality (Filling, Coating, Others), By Application (Bakery, Dairy, Others), By End-Use (Industrial, Household), And By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

Growing demand for specialty oils for manufacturing cosmetics, and rising preference and sales of natural ingredients-based products over synthetic chemicals-based cosmetics and personal care products are key factors driving market growth.

Market Size - USD 12.67 Billion in 2020, Market Growth - CAGR of 7.6%, Market Trends - Increasing adoption of specialty oils and fats as ingredient in infant food and lipids in order to balance fatty-acid composition.

The global specialty fats and oils market size is expected to reach USD 22.91 Billion in 2028, and register a CAGR of 7.6% during the forecast period. The global market growth is expected to be driven by major factors such as increasing consumption of specialty fats and oils as an ingredient in confectionary products and chocolates, coupled with need to cater to the widening gap between demand and supply of cocoa butter by using specialty fats and oils and fluctuating cost of coca butter.

Rapidly spreading awareness about health-benefits of consuming good fatty acids, which can be obtained by specialty fats and oils is another key factor driving revenue growth of the global specialty fats and oils market.

Some Key Findings From the Report:

  • Among the form segments, the dry form of specialty fats and oils segment accounted for major revenue share in the global market in 2020. The liquid segment is expected to register moderately steady revenue CAGR during the forecast period.

  • Among the application segments, the bakery segment accounted for major revenue share in 2020. The creaming fats segment is expected to register a robust revenue CAGR during the forecast period.

  • Among the end-use segments, the industrial segment accounted for the largest revenue share in 2020, due to increasing consumption of ready-to-eat food products and need for specialty fats and oils for making these foods. The food and beverage segment is expected to register a robust revenue CAGR during the forecast period.

  • The Asia Pacific specialty oils and fats market accounted for the largest revenue share in 2020, and is expected to register significantly high revenue CAGR during the forecast period, due to increasing consumption of bakery products, ready to eat foods, and chocolates among consumers, coupled with use of specialty oils and fats as ingredients to make these food products.

  • Companies profiled in the market report include Cargill, Wilmar International Ltd., Musin Mas Holdings, Bunge, AAK AB, IOI Group, D&L Industries, Manildra, The Nisshin Oillio Group, Mewah International, Fuji Oil, and IFFCO. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.

Reasons to Buy the Report

  • A robust analysis and estimation of the Specialty Fats and Oils Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis

  • A holistic competitive landscape of the all the major players in Specialty Fats and Oils Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments

  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors

  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics

  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Key Topics Covered:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 - 2028

Chapter 3. Indicative Metrics
3.1. Increasing usage in processed food products as emulsifiers
3.2. Increasing prevention in the use of synthetics
3.3. Extensive product innovations and development
3.4. Greater product accessibility due to globalization

Chapter 4. Specialty Fats and Oils Segmentation & Impact Analysis
4.1. Specialty Fats and Oils Segmentation Analysis
4.2. Specialty Fats and Oils Market Value Chain Analysis, 2018 - 2028
4.3. Regulatory framework
4.4. Specialty Fats and Oils Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Increasing health awareness among consumers
4.4.1.2. Rising cases of skin allergies
4.4.2. Market restraint analysis
4.4.2.1. Increasing raw material prices
4.4.2.2. Product unavailability in specific regions
4.5. Key opportunities prioritized
4.6. Specialty Fats and Oils Pricing Analysis
4.7. Industry analysis - Porter's
4.8. Specialty Fats and Oils PESTEL Analysis

Chapter 5. Specialty Fats and Oils Market By Type Insights & Trends
5.1. Specialty Fats and Oils Type dynamics & Market Share, 2021 & 2028
5.2. Specialty Fats
5.3. Specialty Oils

Chapter 6. Specialty Fats and Oils Market By Form Insights & Trends
6.1. Specialty Fats and Oils Form dynamics & Market Share, 2021 & 2028
6.2. Dry
6.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.3. Liquid
6.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)

Chapter 7. Specialty Fats and Oils Market By Functionality Insights & Trends
7.1. Specialty Fats and Oils functionality dynamics & Market Share, 2021 & 2028
7.2. Molding
7.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.3. Filling
7.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.4. Coating
7.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.5. Stabilizing
7.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.6. Texturing
7.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.6.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.7. Health Booster
7.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.7.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.8. Other Functions
7.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.8.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)

Chapter 8. Specialty Fats and Oils Market By Application Insights & Trends
8.1. Specialty Fats and Oils Application dynamics & Market Share, 2021 & 2028
8.2. Chocolates and Confectioneries
8.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.3. Bakery Products
8.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.4. Processed Foods
8.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.5. Dairy Products
8.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.6. Others
8.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.6.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)

Chapter 9. Specialty Fats and Oils Market By End User
9.1. Industrial
9.1.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.1.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
9.1.3. Food and Beverages
9.1.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.1.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
9.1.4. Personal and Cosmetic Care
9.1.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.1.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
9.1.5. Others
9.1.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.1.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
9.2. Households
9.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)

Chapter 10. Specialty Fats and Oils Market Regional Outlook
10.1. Specialty Fats and Oils Market share by region, 2021 & 2028
10.2. North America
10.3. Europe
10.4. Asia Pacific
10.5. Middle East & Africa

Chapter 11. Competitive Landscape
11.1. Market Revenue Share by Manufacturers
11.2. Manufacturing Cost Breakdown Analysis
11.3. Mergers & Acquisitions
11.4. Strategy Benchmarking
11.5. Vendor Landscape

Chapter 12. Company Profiles
12.1. Cargill
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Length Benchmarking
12.1.4. Strategic Initiatives
12.2. Wilmar International Ltd.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Length Benchmarking
12.2.4. Strategic Initiatives
12.3. Musin Mas Holdings
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Length Benchmarking
12.3.4. Strategic Initiatives
12.4. Bunge
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Length Benchmarking
12.4.4. Strategic Initiatives
12.5. AAK AB
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Length Benchmarking
12.5.4. Strategic Initiatives
12.6. IOI Group
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Length Benchmarking
12.6.4. Strategic Initiatives
12.7. D&L Industries
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Length Benchmarking
12.7.4. Strategic Initiatives
12.8. Manildra
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Length Benchmarking
12.8.4. Strategic Initiatives
12.9. The Nisshin Oillio Group
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Length Benchmarking
12.9.4. Strategic Initiatives
12.10. Mewah International
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Length Benchmarking
12.10.4. Strategic Initiatives

For more information about this report visit https://www.researchandmarkets.com/r/eqfxnb

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