Specialty Oils Market

Specialty Oils Market (Product Type: Corn Oil, Sun Flower Oil, Blend Oil, Soybean Oil, Palm Oil, Cottonseed Oil, Coconut Oil, Rapeseed Oil, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Specialty Oils Market Outlook 2031

  • The global industry was valued at US$ 259.4 Bn in 2022
  • It is estimated to grow at a CAGR of 5.4% from 2023 to 2031 and reach US$ 414.7 Bn by the end of 2031

Analysts’ Viewpoint

Growth in demand for specialty oils from processed food and bakery sectors, and rise in awareness about health benefits of specialty oils are fueling the global specialty oils market size. Furthermore, the desire to try different cuisines from across the world leads to the purchase of ingredients such as specialty oils.

The huge demand for palm oil globally is ascribed to its health benefits such as improving vision, preventing cardiovascular incidents, reducing cancer risk, and offering natural soft skin.

Sustainability concerns among consumers related to farming methods, use of chemicals, and hygiene of the production process drives the demand for specialty oils obtained from sustainable farms and oil manufacturers with ecological production processes. Specialty oil manufacturers are increasingly working with farmers to attain sustainability goals.

Market Introduction

Oils with unique dietary and functional properties unlike commodity oils are termed as specialty oils. Specialty oils are extracted from sources such as palm fruits and kernels, soybeans, peanuts, olives, rapeseeds, cotton seeds, sunflower seeds, corns, and coconuts.

These oils are used in unique culinary applications, dietary supplements, cosmetics and pharmaceutics, and industrial applications. Some of the specialty oils are ideal for high temperature cooking.

The emphasis on health and wellness among consumers is driving the demand for specialty oils. Consumers who are looking for healthy eating seek specialty oils, which have the perception of providing particular health benefits.

The surge in number of people adopting plant based diets is enhancing the demand for specialty oils based on olives, coconuts, and avocados. These oils get their value for their nutritional profile and flavor. Cold pressed specialty oils are gaining acceptance among customers.

Traceability of origin of the oil and ethical sourcing are important factors that consumers consider while buying specialty oils. Direct to consumer sales and e-commerce platforms are enabling specialty oils manufacturers to reach out to a wider customer base directly.

Attribute Detail
Drivers
  • Increase in Awareness about Health Benefits of Specialty Oils
  • Wide-ranging Applications of Specialty Oils

Increase in Awareness about Health Benefits of Specialty Oils Boosting Market Development

Almond oil comprises both polyunsaturated and monounsaturated fatty acids. They provide health benefits when used to replace saturated fats in the diet. Almond oil contains Vitamin E, an antioxidant and nutrient important for maintaining neurocognitive health, reproduction, and vision.

Sunflower has low saturated fat and high fatty acids. Sunflower oil possess anti-inflammatory properties, which might prevent some chronic inflammatory diseases such as bronchial asthma and rheumatoid arthritis. Sunflower oil contain zinc that enhance the immunity of the body to fight against diseases. It also contains Vitamin E.

Flaxseed oil has high content of omega-3 fatty acids. It helps in reducing blood pressure. Flaxseed oil contains Alpha linoleic acid, oleic acid, fiber, lignans, peptides, and glycosides. Flaxseed oil helps in lowering inflammation, promoting digestive health, and preventing heart disease.

Coconut oil helps in increasing good cholesterol, controlling blood sugar, reducing stress, enhancing skin texture, and reducing asthma symptoms. Coconut oil encourages burning of fat due to the presence of medium-chain triglycerides. It possesses antifungal and antimicrobial properties. It also helps in reducing seizures.

Thus, the rise in awareness of the varied health benefits of these oils is bolstering the specialty oils market value.

Wide-ranging Applications of Specialty Oils

Specialty oils find application in cosmetic and pharmaceutical products such as skin moisturizing agents, excipients, transdermal carriers, and coadjuvantes. Avocado oil is used in skincare products owing to its sunscreen properties and faster skin absorption. Avocado oil is used in formulations for dandruff and psoriasis treatment, soaps, and massage & muscle creams.

Some specialty oils are used to provide lubrication for reducing friction and wear at heavy pressure or high temperatures during metal working or functioning of machinery.

They work as efficient heat transfer fluids in various industrial processes and are used in cleaning industrial equipment as they can dissolve and remove contaminants, grime, and grease without impacting the delicate surfaces.

In metal processing and forming, some specialty oils are utilized as lubricants and coolants. They may prevent unnecessary reactions between tool and metal while cooling things during processes such as cutting, forging, and stamping, thus boosting the specialty oils market growth.

Specialty oils are used as agricultural spray oils for controlling insects and pests on crops. Various pesticides, herbicides, and crop protection products use specialty oils as carrier oils.

Specialty oils with particular viscosities are utilized to protect plants and fruit trees from winter damage. Stems and buds are coated with specialty oils to create a barrier against extremely cold temperatures.

Fish oils are used in dietary supplements, infant formula, baby foods, and functional foods. Fish oils are added to certain animal feeds. Fish oil has industrial applications such as rust prevention and lubrication. The surge in applications of specialty oils across a range of sectors is expected to offer lucrative specialty oils market opportunities.

High Demand for Palm Oil

The specialty oils market segmentation based on product type comprises corn oil, sunflower oil, blend oil, soybean oil, palm oil, cottonseed oil, coconut oil, rapeseed oil, and others (peanut oil, olive oil etc.)

According to the specialty oils market report, the palm oil segment dominates the market. Palm oil is utilized in a variety of food products such as butter, peanut butter, Nutella, margarine, cakes, biscuits, ice-cream, breads, pizzas, candies, chips, and chocolates.

Palm oil is used in frozen and ready to eat meals. It is used in make-up, deodorants, tooth pastes, and cleaning products. In certain countries, palm oil is used as feedstock for producing biofuels.

Palm oil is the most consumed specialty oil in the world. It contains antioxidants such as Vitamin E. Vitamin E is important to keep the human body’s immune system healthier and enable the cells to communicate with each other.

Regional Analysis of Specialty Oils Industry

Attribute Detail
Leading Region Asia Pacific

As per the latest specialty oils market forecast, Asia Pacific dominates the landscape. With consumers adopting healthy eating habits, specialty oils have the perception of providing certain health benefits. The increase in incidence of obesity in Asia Pacific is a major concern that drives consumers to adopt specialty oils to replace traditional cooking oils.

The surge in popularity of Western cuisine in the region is a factor that drives specialty oils industry growth as consumers buy these oils used in the cuisine. Furthermore, olive oil is finding more acceptance in the region.

Specialty oils with unique flavors and high smoking point can enhance the cooking process. Asia Pacific has a wide range of culinary traditions that focuses on certain specialty oils.

In East Asia, sesame seed oil is widely used for cooking. Meanwhile, coconut oil is widely used in Southeast Asia. The Chinese government promotes the cultivation of olives and other specialty oil crops with a potential to create a local market for specialty oils that are not native to the region.

Analysis of Key Players

The specialty oils market consists of several small to medium-sized manufacturers that compete with each other and with large enterprises. Companies are focusing on adopting better extraction technologies and product innovation.

As per the specialty oils market analysis, sustainability and improving product portfolios with adoption of advanced extraction technologies are the key strategies adopted by prominent players such as ADM, Cargill Inc., Bunge Limited, and Wilmar International.

Market Developments

  • On November 9, 2023, Novozymes launched Quara LowP for full degumming of vegetable oils to increase oil yield and eliminate phosphorous impurities.
  • On November 30, 2021, Cargill Inc. invested US$ 35 million in Krishnapatnam port oil refinery in South India to expand its specialty oil production capacity for strengthening its existing supply chain and furthering its footprint in the region.
  • On November 13, 2019, Cargill, along with its collaborators, successfully established the Sustainable Certified Coconut Oil (SCNO) supply chain, ensuring social responsibility, environmental integrity, and economic viability, benefitting all stakeholders involved.

Each of these players has been profiled in the specialty oils market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Specialty Oils Market Snapshot

Attribute Detail
Market Size Value in 2022 US$ 259.4 Bn
Market Forecast Value in 2031 US$ 414.7 Bn
Growth Rate (CAGR) 5.4%
Forecast Period 2023-2031
Historical Data Available for 2021
Quantitative Units US$ Bn for Value & Kilo Tons for Volume
Market Analysis It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Product Type
    • Corn Oil
    • Sunflower Oil
    • Blend Oil
    • Soybean Oil
    • Palm Oil
    • Cottonseed Oil
    • Coconut Oil
    • Rapeseed Oil
    • Others (Peanut Oil, Olive Oil etc.)
  • Application
    • Chocolate and Confectionary
    • Bakery
    • Processed Food
    • Dairy
    • Cosmetics
    • Baby Food
    • Others
Regions Covered
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia and CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa
Companies Profiled
  • ADM
  • Cargill Inc.
  • Bunge Limited
  • Wilmar International
  • AAK AB
  • Oleo Fats, Inc.
  • Fuji Oil Co. Ltd
  • KLK Berhad
  • Mewah Group
  • Musim Mas
  • Others
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the global specialty oils market in 2022?

It was valued at US$ 259.4 Bn in 2022

How is the specialty oils business expected to grow by 2031?

It is expected to grow at a CAGR of 5.4% from 2023 to 2031

What are the key factors driving the demand for specialty oils?

Increase in awareness about health benefits of specialty oils and surge in applications of specialty oils

Which was the largest segment of the specialty oils industry in 2022?

Palm oil was the largest product type segment in 2022

Which region was the most lucrative in the specialty oils sector in 2022?

Asia Pacific was the most lucrative region in 2022

Who are the prominent specialty oils players?

ADM, Cargill Inc., Bunge Limited, Wilmar International, AAK AB, Oleo Fats Inc., Fuji Oil Co.Ltd, KLK Berhad, Mewah Group, and Musim Mas

    1. Executive Summary

        1.1. Global Market Outlook

        1.2. Demand Side Trends

        1.3. Key Facts and Figures

        1.4. Trends Impacting Market

        1.5. TMR’s Growth Opportunity Wheel

    2. Market Overview

        2.1. Market Segmentation

        2.2. Key Developments

        2.3. Market Definitions

        2.4. Key Market Trends

        2.5. Market Dynamics

            2.5.1. Drivers

            2.5.2. Restraints

            2.5.3. Opportunities

        2.6. Global Specialty Oils Market Analysis and Forecasts, 2023-2031

            2.6.1. Global Specialty Oils Market Volume (Kilo Tons)

            2.6.2. Global Specialty Oils Market Revenue (US$ Mn)

        2.7. Porter’s Five Forces Analysis

        2.8. Regulatory Landscape

        2.9. Value Chain Analysis

            2.9.1. List of Manufacturers

            2.9.2. List of Dealer/Distributors

            2.9.3. List of Potential Customers

        2.10. Product Specification Analysis

        2.11. Production Overview

        2.12. Cost Structure Analysis

    3. COVID-19 Impact Analysis

        3.1. Impact on Supply Chain of Specialty Oils

        3.2. Impact on Demand for Specialty Oils - Pre & Post Crisis

    4. Impact of Current Geopolitical Scenario on Market

    5. Production Output Analysis (Kilo Tons)

        5.1. North America

        5.2. Europe

        5.3. Asia Pacific

        5.4. Latin America

        5.5. Middle East & Africa

    6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031

        6.1. Price Comparison Analysis by Product Type

        6.2. Price Comparison Analysis by Region

    7. Global Specialty Oils Market Analysis and Forecast, by Product Type, 2023-2031

        7.1. Introduction and Definitions

            7.1.1. Global Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            7.1.2. Corn Oil

            7.1.3. Sunflower Oil

            7.1.4. Blend Oil

            7.1.5. Soybean Oil

            7.1.6. Palm Oil

            7.1.7. Cottonseed Oil

            7.1.8. Coconut Oil

            7.1.9. Rapeseed Oil

            7.1.10. Others (Peanut Oil, Olive Oil, etc.)

    8. Global Specialty Oils Market Analysis and Forecast, Application, 2023-2031

        8.1. Introduction and Definitions

        8.2. Global Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            8.2.1. Chocolate and Confectionary

            8.2.2. Bakery

            8.2.3. Processed Food

            8.2.4. Dairy

            8.2.5. Cosmetics

            8.2.6. Baby Food

            8.2.7. Others

        8.3. Global Specialty Oils Market Attractiveness, by Application

    9. Global Specialty Oils Market Analysis and Forecast, by Region, 2023-2031

        9.1. Key Findings

        9.2. Global Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2023-2031

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Latin America

            9.2.5. Middle East & Africa

        9.3. Global Specialty Oils Market Attractiveness, by Region

    10. North America Specialty Oils Market Analysis and Forecast, 2023-2031

        10.1. Key Findings

        10.2. North America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

        10.3. North America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        10.4. North America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2023-2031

            10.4.1. U.S. Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type , 2023-2031

            10.4.2. U.S. Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            10.4.3. Canada Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            10.4.4. Canada Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        10.5. North America Specialty Oils Market Attractiveness Analysis

    11. Europe Specialty Oils Market Analysis and Forecast, 2023-2031

        11.1. Key Findings

        11.2. Europe Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

        11.3. Europe Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        11.4. Europe Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            11.4.1. Germany Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            11.4.2. Germany Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            11.4.3. France Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            11.4.4. France Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            11.4.5. U.K. Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            11.4.6. U.K. Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            11.4.7. Italy Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type , 2023-2031

            11.4.8. Italy Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            11.4.9. Russia & CIS Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            11.4.10. Russia & CIS Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            11.4.11. Rest of Europe Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            11.4.12. Rest of Europe Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        11.5. Europe Specialty Oils Market Attractiveness Analysis

    12. Asia Pacific Specialty Oils Market Analysis and Forecast, 2023-2031

        12.1. Key Findings

        12.2. Asia Pacific Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type

        12.3. Asia Pacific Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        12.4. Asia Pacific Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            12.4.1. China Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            12.4.2. China Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            12.4.3. Japan Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            12.4.4. Japan Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            12.4.5. India Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            12.4.6. India Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            12.4.7. ASEAN Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            12.4.8. ASEAN Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            12.4.9. Rest of Asia Pacific Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            12.4.10. Rest of Asia Pacific Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        12.5. Asia Pacific Specialty Oils Market Attractiveness Analysis

    13. Latin America Specialty Oils Market Analysis and Forecast, 2023-2031

        13.1. Key Findings

        13.2. Latin America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

        13.3. Latin America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        13.4. Latin America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            13.4.1. Brazil Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            13.4.2. Brazil Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            13.4.3. Mexico Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            13.4.4. Mexico Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            13.4.5. Rest of Latin America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            13.4.6. Rest of Latin America Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        13.5. Latin America Specialty Oils Market Attractiveness Analysis

    14. Middle East & Africa Specialty Oils Market Analysis and Forecast, 2023-2031

        14.1. Key Findings

        14.2. Middle East & Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

        14.3. Middle East & Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        14.4. Middle East & Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            14.4.1. GCC Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            14.4.2. GCC Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            14.4.3. South Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type , 2023-2031

            14.4.4. South Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

            14.4.5. Rest of Middle East & Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2023-2031

            14.4.6. Rest of Middle East & Africa Specialty Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031

        14.5. Middle East & Africa Specialty Oils Market Attractiveness Analysis

    15. Competition Landscape

        15.1. Market Players - Competition Matrix (by Tier and Size of Companies)

        15.2. Market Share Analysis, 2022

        15.3. Market Footprint Analysis

            15.3.1. By Production Process

            15.3.2. By End-use

        15.4. Company Profiles

            15.4.1. ADM

                15.4.1.1. Company Revenue

                15.4.1.2. Business Overview

                15.4.1.3. Product Segments

                15.4.1.4. Geographic Footprint

                15.4.1.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.1.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.2. Cargill Inc.

                15.4.2.1. Company Revenue

                15.4.2.2. Business Overview

                15.4.2.3. Product Segments

                15.4.2.4. Geographic Footprint

                15.4.2.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.2.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.3. Bunge Limited

                15.4.3.1. Company Revenue

                15.4.3.2. Business Overview

                15.4.3.3. Product Segments

                15.4.3.4. Geographic Footprint

                15.4.3.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.3.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.4. Wilmar International

                15.4.4.1. Company Revenue

                15.4.4.2. Business Overview

                15.4.4.3. Product Segments

                15.4.4.4. Geographic Footprint

                15.4.4.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.4.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.5. AAK AB

                15.4.5.1. Company Revenue

                15.4.5.2. Business Overview

                15.4.5.3. Product Segments

                15.4.5.4. Geographic Footprint

                15.4.5.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.5.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.6. Oleo Fats, Inc.

                15.4.6.1. Company Revenue

                15.4.6.2. Business Overview

                15.4.6.3. Product Segments

                15.4.6.4. Geographic Footprint

                15.4.6.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.6.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.7. Fuji Oil Co. Ltd

                15.4.7.1. Company Revenue

                15.4.7.2. Business Overview

                15.4.7.3. Product Segments

                15.4.7.4. Geographic Footprint

                15.4.7.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.7.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.8. KLK Berhad

                15.4.8.1. Company Revenue

                15.4.8.2. Business Overview

                15.4.8.3. Product Segments

                15.4.8.4. Geographic Footprint

                15.4.8.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.8.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.9. Mewah Group

                15.4.9.1. Company Revenue

                15.4.9.2. Business Overview

                15.4.9.3. Product Segments

                15.4.9.4. Geographic Footprint

                15.4.9.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.9.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

            15.4.10. Musim Mas

                15.4.10.1. Company Revenue

                15.4.10.2. Business Overview

                15.4.10.3. Product Segments

                15.4.10.4. Geographic Footprint

                15.4.10.5. Production Process/Plant Details, etc. (*As Applicable)

                15.4.10.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.

    16. Primary Research: Key Insights

    17. Appendix

    List of Tables

    Table 01: Global Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 02: Global Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 03: Global Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 04: Global Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 05: Global Specialty Oils Market Volume (Kilo Tons) Forecast, by Region, 2023-2031

    Table 06: Global Specialty Oils Market Value (US$ Mn) Forecast, by Region, 2023-2031

    Table 07: North America Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 08: North America Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 09: North America Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 10: North America Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 11: North America Specialty Oils Market Volume (Kilo Tons) Forecast, by Country, 2023-2031

    Table 12: North America Specialty Oils Market Value (US$ Mn) Forecast, by Country, 2023-2031

    Table 13: U.S. Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 14: U.S. Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 15: U.S. Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 16: U.S. Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 17: Canada Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 18: Canada Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 19: Canada Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 20: Canada Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 21: Europe Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 22: Europe Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 23: Europe Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 24: Europe Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 25: Europe Specialty Oils Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2023-2031

    Table 26: Europe Specialty Oils Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

    Table 27: Germany Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 28: Germany Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 29: Germany Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 30: Germany Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 31: France Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 32: France Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 33: France Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 34: France Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 35: U.K. Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 36: U.K. Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 37: U.K. Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 38: U.K. Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 39: Italy Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 40: Italy Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 41: Italy Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 42: Italy Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 43: Spain Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 44: Spain Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 45: Spain Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 46: Spain Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 47: Russia & CIS Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 48: Russia & CIS Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 49: Russia & CIS Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 50: Russia & CIS Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 51: Rest of Europe Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 52: Rest of Europe Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 53: Rest of Europe Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 54: Rest of Europe Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 55: Asia Pacific Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 56: Asia Pacific Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 57: Asia Pacific Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 58: Asia Pacific Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 59: Asia Pacific Specialty Oils Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2023-2031

    Table 60: Asia Pacific Specialty Oils Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

    Table 61: China Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 62: China Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 63: China Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 64: China Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 65: Japan Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 66: Japan Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 67: Japan Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 68: Japan Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 69: India Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 70: India Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 71: India Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 72: India Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 73: ASEAN Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 74: ASEAN Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 75: ASEAN Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 76: ASEAN Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 77: Rest of Asia Pacific Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 78: Rest of Asia Pacific Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 79: Rest of Asia Pacific Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 80: Rest of Asia Pacific Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 81: Latin America Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 82: Latin America Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 83: Latin America Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 84: Latin America Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 85: Latin America Specialty Oils Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2023-2031

    Table 86: Latin America Specialty Oils Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

    Table 87: Brazil Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 88: Brazil Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 89: Brazil Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 90: Brazil Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 91: Mexico Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 92: Mexico Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 93: Mexico Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 94: Mexico Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 95: Rest of Latin America Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 96: Rest of Latin America Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 97: Rest of Latin America Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 98: Rest of Latin America Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 99: Middle East & Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 100: Middle East & Africa Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 101: Middle East & Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 102: Middle East & Africa Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 103: Middle East & Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2023-2031

    Table 104: Middle East & Africa Specialty Oils Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

    Table 105: GCC Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 106: GCC Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 107: GCC Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 108: GCC Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 109: South Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 110: South Africa Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 111: South Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 112: South Africa Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    Table 113: Rest of Middle East & Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Product Type, 2023-2031

    Table 114: Rest of Middle East & Africa Specialty Oils Market Value (US$ Mn) Forecast, by Product Type, 2023-2031

    Table 115: Rest of Middle East & Africa Specialty Oils Market Volume (Kilo Tons) Forecast, by Application, 2023-2031

    Table 116: Rest of Middle East & Africa Specialty Oils Market Value (US$ Mn) Forecast, by Application, 2023-2031

    List of Figures

    Figure 01: Global Specialty Oils Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 02: Global Specialty Oils Market Attractiveness, by Product Type

    Figure 03: Global Specialty Oils Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 04: Global Specialty Oils Market Attractiveness, by Application

    Figure 05: Global Specialty Oils Market Volume Share Analysis, by Region, 2022, 2027, and 2031

    Figure 06: Global Specialty Oils Market Attractiveness, by Region

    Figure 07: North America Specialty Oils Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 08: North America Specialty Oils Market Attractiveness, by Product Type

    Figure 09: North America Specialty Oils Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 10: North America Specialty Oils Market Attractiveness, by Application

    Figure 11: North America Specialty Oils Market Attractiveness, by Country and Sub-region

    Figure 12: Europe Specialty Oils Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 13: Europe Specialty Oils Market Attractiveness, by Product Type

    Figure 14: Europe Specialty Oils Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 15: Europe Specialty Oils Market Attractiveness, by Application

    Figure 16: Europe Specialty Oils Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 17: Europe Specialty Oils Market Attractiveness, by Country and Sub-region

    Figure 18: Asia Pacific Specialty Oils Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 19: Asia Pacific Specialty Oils Market Attractiveness, by Product Type

    Figure 20: Asia Pacific Specialty Oils Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 21: Asia Pacific Specialty Oils Market Attractiveness, by Application

    Figure 22: Asia Pacific Specialty Oils Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 23: Asia Pacific Specialty Oils Market Attractiveness, by Country and Sub-region

    Figure 24: Latin America Specialty Oils Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 25: Latin America Specialty Oils Market Attractiveness, by Product Type

    Figure 26: Latin America Specialty Oils Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 27: Latin America Specialty Oils Market Attractiveness, by Application

    Figure 28: Latin America Specialty Oils Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 29: Latin America Specialty Oils Market Attractiveness, by Country and Sub-region

    Figure 30: Middle East & Africa Specialty Oils Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 31: Middle East & Africa Specialty Oils Market Attractiveness, by Product Type

    Figure 32: Middle East & Africa Specialty Oils Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 33: Middle East & Africa Specialty Oils Market Attractiveness, by Application

    Figure 34: Middle East & Africa Specialty Oils Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 35: Middle East & Africa Specialty Oils Market Attractiveness, by Country and Sub-region

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