2020. 2. 16. 18:23ㆍ카테고리 없음
This report analyses the vegetable oil market by geography, applications, and types of vegetable oils. By geography, the report is segmented into Asia-Pacific, Europe, North America, and Rest of the World. The vegetable oils type segment included in this report is based on major types. The applications covered in this report are food, non-food (industrial), and biodiesel feedstock.
In various applications, the purpose of using vegetable oils is different, depending on the end-use and the functional characteristics of the vegetable oils and also on upstream factors like availability of type of vegetable oil and the commodity price it demands. The market is estimated from consumption side of the market. This report estimates the market size of the global market both in terms of volume and value. It discusses market drivers, restraint and opportunity, raw material, and product price trends. It also includes value chain analysis, price analysis, and patent analysis.
It also tracks the recent activities of market players in terms of product launches, expansion plans, supply contracts, and partnerships and collaborations. In addition, the top 20 players of the vegetable oil market have been profiled in this report. The vegetable oil market report covers its consumption across regions. This market is analyzed in terms of volume (thousand metric tons) consumed in each region.
The increasing awareness about need for biofuel (specially biodiesel), convenience foods (especially health foods), processed and other food sectors, and the increasing consumption of vegetable oils in the Asian subcontinent region are driving the growth in vegetable oil production. Also, the drive amongst consumers for natural ingredients in food and the repulsion towards high trans-fat containing oils adds to the demand for palm and palm kernel oils. Vegetable oils are lipid materials derived from plants and vegetables. Chemically these are composed of triglycerides. Although various plant parts may yield oil, for commercial practices, vegetable oil is essentially derived from the seeds. Costs associated with its manufacturing are dependent heavily on the raw material availability, the type of raw material, the stringent measures and techniques used for extraction, and the intended use of the extracted vegetable oil. Also the biofuel policies have resulted in shortage of availability of soybean and rapeseed oils in U.S.
And Europe for food and other industrial applications. The resulting high prices of these prime sources of vegetable oils are resulting in working capital shortages and acting as a restraint for global market growth. The global vegetable oil consumption is expected to grow from 151 million metric tons in 2011 to 171 million metric tons by 2017, at an estimated CAGR of 1.9% for the period 2012 to 2017. Many of the Asian companies are now building up their share in the market with the advent of palm and palm kernel oils across the globe. The Asia-Pacific region is expected to continue its dominance on the global vegetable oil consumption, however, due to the increasing impact for demand of a substitute for the fossil fuel, biofuel generation coupled with biodiesel feedstock requirement are expected to take the front seat in the application segments. This trend was set in motion by the European region, and it will continue to drive the sector. China and India are the leaders in the Asia-Pacific market, driving the demand for vegetable oils because of the changing lifestyles and growing economies, boosting the need for convenience food sector, and in turn the demand for palm and palm kernel oils.
Scope of the report The report breaks the global vegetable oil consumption market into the following three segments: By Geography: The report is divided in regions such as Asia-Pacific, Europe, North America, and Rest of the World; and major countries such as U.S., Germany, China, India, and Brazil By Type: The report divides the vegetable oil on the basis of the commodity, which is derived from palm, palm kernel, soybean, rapeseed, sunflower oils, and others. By Application: The global market is divided by applications. The important applications considered in this report are food (baking and frying processes, salads and cooking oils, margarine and other spreads, processed and frozen foods, fatty ingredients and others), industrial (pharmaceuticals, cosmetics, lubricants, paints, and others), and biodiesel feedstock. Vegetable oils are lipid materials derived from plants and vegetables. Chemically these are composed of triglycerides. Although various plant parts may yield oil, for commercial practices, vegetable oil is essentially derived from the seeds.
Demand Drivers Edible Oils
Contrasting to popular belief, all vegetable oils are not edible. These inedible oils are used in lubricants, paints, cosmetics, pharmaceuticals, and other industrial applications. The global vegetable oil market is witnessing slow growth due to increasing awareness about the natural trans-fat-free oils, cost effectiveness offered by palm oil, and more importantly the enhanced ecological advantages provided by the biodiesels (vegetable oil fuel) in comparison to the fossil fuels. Asian countries, especially China and India, have emerged as leading destinations, facilitating the market shift from developed economies to developing economies.
In relatively saturated markets such as the U.S. And Europe, the market is driven primarily by the focus on biodiesel generation from soybean and rapeseed oils respectively. Vegetable Oil Market share, By Geography, 2011 Source: AOCS, FDA, USDA, OECD, FAO, The American Soybean Association, MarketsandMarkets Analysis Increasing demand for natural non-trans-fat oil, increasing needs for biofuel and the biodiesel demands, favorable Asian subcontinent market scenario, the booming food sector, and the substitution opportunities presented by palm oil are the major market drivers which will influence the market size to grow by CAGR of 2.5% from 2012 to 2017. In terms of volume the vegetable oil market is estimated to grow at a CAGR of 1.9% to reach consumptions of 171 million metric tons by 2017. The market will be led by palm oil segment at the global level, essentially driven by the Indian and Chinese markets. The European biodiesel policy is expected to drive the rapeseed oil market, while the American continent dominates the soybean oil market potential.
Being one of the most consumed edible oils for a long time; the soybean oil was usurped by the palm oil segment in the 2010. The food applications is the largest application for vegetable oil and while the non-food (industrial) applications market will continue to be the fastest growing market mainly due to the biodiesel sector. The biodiesel feedstock market is the second largest revenue generator for vegetable oil, contributing approximately 13% of the total vegetable oils market revenues. Asia-Pacific is the largest market and Europe stands second. However, China, India, and the U.S.
Are the countries registering the highest individual market sizes Key participants in the global vegetable oil market include ACH Food Companies Inc. (U.S.), ADM (U.S.), Bunge Alimentos S.A. (Brazil), Carapelli Firenze S.p.A. (Italy), Cargill Agricola S.A. (Brazil), CHS Inc. (U.S.), ConAgra Foods Inc.
(U.S.), Fuji Oil (Japan), IOI Corporation Berhad (Malaysia), Kuala Lumpur Kepong Berhad (Malaysia), PT Intiboga Sejhatera (Indonesia), and Richardson Oilseed Ltd (Canada).
DUBLIN-( )-The report has been added to Research and Markets' offering. The global flexitanks market is forecast to grow at a CAGR of 15.63% during the period 2017-2021. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the Key vendors operating in this market. The latest trend gaining momentum in the market is the innovation in flexitanks. By understanding the market demand for flexitanks, many research organizations and vendors are analyzing to expand the applications of flexitanks. In simple terms, the increased market opportunities are bringing innovation to the global flexitanks market. According to the report, one of the major drivers for this market is the growing demand for edible oil in Asian countries. More than half of the global edible oil demand comes from Southeast Asia. Sunflower oil, peanut oil, coconut oil, soybean oil, and palm oil are types of edible oils that witness high demand from the consumers.
The food consumption patterns, along with the rising population are major factors leading to the growth of the edible oil market in this region.