A rise in the importance of cooking oil and fats is predicted to emerge as important growth factor for the global cooking oils and fats market in the upcoming years. Of all the available edible oils, vegetable oil has become one of the most popular and important ingredient that reduces the chances of various chronic conditions such as cardiovascular disorders, cancer and so on. Such beneficial properties of the product are likely to trigger growth of the global cooking oils and fats market in the years to come.
In addition to that, there has been a rise in the popularity of omega-3 fatty acid, which is utilized as a nutritional ingredient in the food and beverage industry. Omega-3 fatty acid comes with anti-inflammatory features, which is predicted to offer promising growth opportunities growth opportunities for the global cooking oils and fats market in the forthcoming years. In addition to that, there are several benefits, especially health-related, pertaining to the oil that is derived from soybean, canola, and flax seeds. These benefits are likely to play an important role in the development of the global cooking oils and fats market in the near future.
Augmented significance of the cooking oils and fats is attributed to the presence of many nutritional components. Some of which are as follows
Presence of plentiful of nutrients in the product is likely to shoot up its demand in the years to come. In the last few years, sunflower oil has gathered interest of the consumers, thanks to the presence of considerable amount of zinc. Zinc helps in boosting the immune system of a person and it also accelerates the process of wound healing, In addition, zinc helps in reducing the risk of various age-related chronic diseases. Growing popularity of Sunflower oil is likely to boost the growth of the global cooking oils and fats market in the near future.
Cooking oil is plant, animal, or synthetic fat that are used in frying, baking, and other purposes of cooking, while fats broadly refer to one of three main macronutrients, along with carbohydrates, and protein. Cooking oils and fats have been an integral part of foods across the globe for several decades and form an imperative part of a healthy diet. While saturated fats increase the cholesterol level in human body, monounsaturated and polyunsaturated fats lower the cholesterol levels considerably. Although dietary fat helps in circulating some essential vitamins and are essential for many body processes, some food and drinks contain exceeding number of only one nutrient, for example fried foods and soft drinks, which have significant amount of fat and sugar respectively.
Owing to factors such as rising population across the globe, trends pertaining to packaged foods, increased disposable income among the urban population, availability of high quality cooking oils and fats, the global market for cooking oils and fats is expected for a progressive future. However, the rising awareness about the ill-effects of excessive intake of cooking oils and foods is hindering the growth rate. The market for cooking oils and fats was valued at US$59.8 bn in 2014, and rising at a CAGR of 0.7% during the forecast period of 2015 to 2021, the valuation is estimated to reach US$65.2 bn by 2021.
Geographically, the global cooking oils and fats market is segmented into North America, Europe, Asia Pacific, and Rest of the World. In terms of revenue in 2014, the region of Rest of the World contributed the maximum demand, owing to factors such as increasing disposable income and changing lifestyle trends. The Rest of the World cooking oils and fats market is predicted to expand at rate more than twice as much as that of the global market, at a 1.60% CAGR during the period from 2015 to 2021. The Asia Pacific cooking oils and fats market is predicted to be the second largest market in the coming few years, owing to factors such as vast population and the trend of western life-style.
On the basis of products, the global cooking oils and fats market is segmented into vegetable and seed oil, spreadable oils and fats, butter, margarine, olive oil, and cooking fats. In 2015, vegetable oils segment accounted for the most prominent share in the fats & oils market, both in terms of value and volume. Vegetable oils from sources such as sunflower, soybean, rapeseed, palm, coconut, and cotton seed find applications in foods and other industrial applications. Increasing health concerns among the end-users and the wide range of products with different tastes and textures available are expected to fuel the demand for vegetable cooking oils during the forecast period. Vegetable oils with qualities such as low-cholesterol, low-fat, and low-calorie content are augmenting the growth in the fats & oils market.
Some of the key companies currently operational in global cooking oils and fats market are Wilmar International Ltd, Associated British Foods plc, Unilever plc, CHS Inc, and Ajinomoto Co. Inc.
Chapter 1 Preface
1.1 Report Description
1.2 Market segmentation
1.2.1 Cooking Oils and Fats market segmentation, type, and geography
1.3 Research scope
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Cooking Oils and Fats market revenue, 2014 - 2021 (USD Million)
2.2 Global Cooking Oils and Fats Market Snapshot
Chapter 3 Cooking Oil and Fats Market Industry Analysis
3.1 Introduction
3.2 Market Drivers
3.2.1 Drivers for cooking oils and fats market: Impact analysis
3.2.2 Emerging markets pushing the cooking oil and fats market
3.2.3 Increasing consumption of processed foods
3.2.4 Increasing usage of high quality edible oils
3.2.5 Health benefits associated with the consumption of fats and cooking oils
3.3 Market Restraints
3.3.1 Restraints for cooking oils and fats market: Impact analysis
3.3.2 Adverse health effects due to excess consumption of oils and fats
3.3.3 High cost of raw materials
3.4 Market Opportunities
3.4.1 Alternatives for trans fats.
3.5 Supply Chain Analysis
3.6 Market Trend Analysis
3.7 Market Attractiveness Analysis
3.8 Key Players in the Global Cooking Oils and Fats Market
Chapter 4 Global Cooking Oils and Fats Market Analysis, by Product Type, 2015 – 2021
4.1 Overview
4.1 Vegetable oil and seeds
4.2 Spreadable oils and fats
4.3 Butter
4.4 Margarine
4.5 Olive Oil
4.6 Cooking fats
Chapter 5 Global Cooking Oil and Fats Market Analysis, By Geography, 2015-2021
5.1 Overview
5.2 North America
5.2.1 North America Cooking Oils and Fats Market revenue/volume, by type (2014 – 2021) (USD million/kg million)
5.3 In Europe
5.3.1 Europe Cooking Oils and Fats Market revenue/volume, by type (2014 – 2021) (USD million/kg million)
5.4 Asia Pacific
5.4.1 Asia Pacific Cooking Oils and Fats Market revenue/volume, by type (2014 – 2021) (USD million/kg million)
5.5 Rest of the World (RoW)
5.5.1 Rest of the World Cooking Oils and Fats Market revenue/volume, by type (2014 – 2021) (USD million/kg million)
Chapter 6 Company Profiles
6.1 Wilmar International Ltd.
6.2 Unilever plc
6.3 ConAgra Foods Inc.
6.4 Bunge Ltd.
6.5 Associated British Food plc
6.6 Archer Daniels Midland Co.
6.7 Ajinomoto Co. Inc.
6.8 United Plantations Berhad
6.9 Cargill Incorporated
6.10 CHS Inc
List of Tables
TABLE 1 Global Cooking Oils and Fats Market Snapshot
TABLE 2 North America Cooking Oils and Fats Market revenue, by product type, revenue, 2014 - 2021 (USD million)
TABLE 3 North America Cooking Oils and Fats Market revenue, by product volume, revenue, 2014 - 2021 (Kg Million)
TABLE 4 North America Cooking Oils and Fats Market revenue, by Country, 2014 - 2021 (USD million)
TABLE 5 North America Cooking Oils and Fats Market revenue, by ASP, 2014 - 2021 (USD)
TABLE 6 Europe Cooking Oils and Fats Market revenue, by product type, revenue, 2014 - 2021 (USD billion)
TABLE 7 Europe Cooking Oils and Fats Market revenue, by product type, volume, 2014 - 2021 (Kg million)
TABLE 8 Europe Cooking Oils and Fats Market revenue, by Country, 2014 – 2021 (USD Million)
TABLE 9 Europe Cooking Oils and Fats Market revenue, by ASP, 2014 - 2021 (USD)
TABLE 10 Asia Pacific Acidity Regulators Market revenue, by product type, 2014 - 2021 (USD million)
TABLE 11 Asia Pacific Cooking Oils and Fats Market revenue, by product type, volume 2014 - 2021 (Kg million)
TABLE 12 Asia Pacific Cooking Oils and Fats Market revenue, by Country, 2014 - 2021 (USD million)
TABLE 13 Asia Pacific Cooking Oils and Fats Market, by ASP, 2014 - 2021 (USD)
TABLE 14 Rest of the World Cooking Oils and Fats Market revenue, by product type, 2014 - 2021 (USD million)
TABLE 15 Rest of the World Cooking Oils and Fats Market revenue, by product type, 2014 - 2021 Kg million)
TABLE 16 Rest of the World Cooking Oils and Fats Market revenue, by Country, 2014 – 2021 (USD million)
TABLE 17 Rest of the World Cooking Oils and Fats Market, by ASP, 2014 - 2021 (USD)
List of Figures
FIG. 1 Global Cooking Oils and Fats market segmentation, by type and geography
FIG. 2 Global Cooking Oils and Fats market revenue, 2014 - 2021 (USD Million)
FIG. 3 Global Cooking Oil and Fats Market-Supply Chain Analysis
FIG. 4 Global Cooking Oils and Fats market-Market attractiveness analysis by product type (2014)
FIG. 5 Global Cooking Oil and Fats Market, share by product type, 2014 and 2021 (Value %)
FIG. 6 Global Vegetable Oil and Seeds Market, Value and Volume 2014 – 2021 (USD million/kg million)
FIG. 7 Global Spreadable Oils and Fats Market Value & Volume, 2014 – 2021 (USD million/kg million)
FIG. 8 Global Butter Market, Value and Volume, 2014 – 2021 (USD million/kg million)
FIG. 9 Global Margarine Market, Value and Volume, 2014 – 2021 (USD million)kg million)
FIG. 10 Global Olive Oil Market, Value and Volume, 2014 – 2021 (USD million/kg million)
FIG. 11 Global Cooking Oils and Fats Market, Value and Volume, 2014 – 2021 (USD million/kg million))
FIG. 12 Global Cooking Oils and Fats market, share by geography, 2014 and 2021 (Value %)
FIG. 13 North America Cooking Oils and Fats market, Value and Volume 2014 – 2021 (USD million/kg million)
FIG. 14 Europe Cooking Oils and Fats Market Revenue, Value and Volume, 2014 – 2021 (USD million/kg million)
FIG. 15 Asia Pacific Cooking Oils and Fats market revenue, Value and Volume, 2014 – 2021 (USD million/kg million)
FIG. 16 RoW Cooking Oils and Fats Market, Value and Volume, 2014 – 2021 (USD million/kg million)
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Cooking Oils and Fats (Vegetable Oil and Seeds, Spreadable Oils and Fats, Butter, Margarine, Olive Oil and Cooking Fats) Market
