Over the next five years the Plant Based Oils market will register an 5% CAGR in terms of revenue, the global market size will reach USD 14 billion by 2027.
Increasing obesity and related illnesses, growing health consciousness, and more understanding of the benefits associated with plant-based oils are likely to drive demand for plant-based oils over the forecast period. Plant-based oils have seen a large growth in demand due to rising consumer disposable income, increased consumption of convenience foods, and increased use in animal feed. Because of their nutritional and biological health benefits for cattle, these oils are used in animal feed. However, the COVID-19 epidemic has had an impact on the plant-based oils business because to supply chain disruptions, a scarcity of raw materials, operational issues, transportation delays, and travel restrictions.
Food and drinks, animal feed, biofuel, industrial, and other applications are among the applications covered in this paper. Food and beverages accounted for a significant portion of the global market. The overall rise of this market has been fueled by rising urbanisation and rising demand for convenience foods. The inclusion of olive oil and rice bran oil in food products has fueled the expansion of this market, owing to rising health consciousness in developing nations.
The report aspects discussed the profile of the top manufacturers of the global Plant Based Oils market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Plant Based Oils Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The Plant Based Oils Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market ACH Food Companies, Inc., AG Processing Inc A Cooperative, Archer Daniels Midland Company,, Bunge Limited, Cargill Incorporated, Darby Plantation Berhad, FUJI OIL ASIA PTE. LTD., Golden Agri-Resources, Kuala Lumpur Kepong Berhad,, Astra Agro Lestari, Riceland Foods, Olam Group, Viterra, Westmill Foods, Wilmar International, Shell, Corteva, Savola, United Plantations Berhad and others.
AGP Announces New Soybean Processing Facility
(January 28, 2022) – Ag Processing Inc a cooperative (AGP) announced today its plan to build a new state-of-the-art soybean processing plant near David City, Nebraska. The facility will have the capacity to process over 50 million bushels of soybeans per year. AGP’s Chairman of the Board, Lowell Wilson, stated, “The soybean processing industry is experiencing tremendous growth and we believe a facility in East Central Nebraska is strategically located to serve our cooperative members and their farmer-owners. Maintaining a strong cooperative system is vital to agricultural producers and our rural communities.”
Plant Based Oils Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Plant Based Oils Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.
By Type, it is segmented into
By Applications it is segmented into
In 2020, Asia-Pacific led the global industry, and it is predicted to continue to do so throughout the projection period. Industry expansion in this region is aided by rising living standards, increased use in animal feed, and favourable trade rules. The development of this region is aided by expanding population and increased awareness of biofuels. To take advantage of the economic potential afforded by developing countries such as South Korea, India, Japan, and China, major global businesses are growing their presence in these countries.
The Plant Based Oils Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Plant Based Oils Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
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ACH Food Companies, Inc., AG Processing Inc A Cooperative, Archer Daniels Midland Company,, Bunge Limited, Cargill Incorporated, Darby Plantation Berhad, FUJI OIL ASIA PTE. LTD., Golden Agri-Resources, Kuala Lumpur Kepong Berhad,, Astra Agro Lestari, Riceland Foods, Olam Group, Viterra, Westmill Foods, Wilmar International, Shell, Corteva, Savola, United Plantations Berhad
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Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
| 2022 to 2027 |
Number of Pages | 104 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Plant Based Oils Market is studied from 2017 - 2027.
What is the growth rate of Plant Based Oils Market?
The Plant Based Oils Market is growing at a CAGR of 5% over the next 5 years.
Who are the key players in Plant Based Oils Market?
ACH Food Companies, Inc., AG Processing Inc A Cooperative, Archer Daniels Midland Company,, Bunge Limited, Cargill Incorporated, Darby Plantation Berhad, FUJI OIL ASIA PTE. LTD., Golden Agri-Resources, Kuala Lumpur Kepong Berhad,, Astra Agro Lestari, Riceland Foods, Olam Group, Viterra, Westmill Foods, Wilmar International, Shell, Corteva, Savola, United Plantations Berhad
What region does this Plant Based Oils Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Plant Based Oils Market?
Sunflower Oil, Palm Oil, Cottonseed Oil, Soybean Oil, Rapeseed Oil, Coconut Oil, Others
What are the major end-use applications of Plant Based Oils Market?
Food and Beverages, Animal Feed, Biofuel, Industrial, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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