Global Fortified Edible Oils Market, By Type (Palm Oil, Soybean Oil, Sunflower Oil, Olive Oil, Corn Oil, Canola Oil, Rice Bran Oil, Others), Micronutrient (Vitamin A, Vitamin D, Vitamin E, Others), Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Fortified Edible Oils Market
Global fortified edible oils market size is expected to grow at a compound annual rate of 3.7% in the forecast period 2021 to 2028 and is likely to reach USD 14.71 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of fortified edible oils market in the forecast period of 2021 to 2028.
Edible oil fortification is basically the procedure of increasing the content of vital micronutrients in the oil by adding vitamins and minerals for improving the nutritional quality to gain health benefits. All of the edible oils can be fortified such as cottonseed, fortified soybean, palm, mustard and groundnut. It provides various health advantages and essential nutrients to the body.
The growing health consciousness and the increment in cases of nutritional deficiencies, obesity, skin problems and cardiovascular diseases, is expected to heighten the overall demand for fortified edible oils market over the forecast period of 2021 to 2028.Furthermore, consumer dietary patterns
However, the factors such as high cost of products and less consumer awareness are projected to act as a restraint towards the growth of the market, whereas the complications associated with the fortification of edible oils can challenge the growth of the fortified edible oils market.
Moreover, the technology advancement, new innovative product development and the rise in the problems with vitamin A deficiency are estimated to further generate new opportunities for the fortified edible oils market in the forecast period of 2021 to 2028.
This fortified edible oils market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fortified edible oils market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fortified Edible Oils Market Scope and Market Size
Fortified edible oils market is segmented on the basis of type, micronutrient and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the fortified edible oils market has been segmented into palm oil, soybean oil, sunflower oil, olive oil, corn oil, canola oil, rice bran oil and others.
- Based on micronutrient, the market is bifurcated into vitamin A, vitamin D, vitamin E and others.
- On the basis of distribution channel, the fortified edible oils market has been segmented into hypermarkets/supermarkets, B2B, e-commerce, specialty retail and others.
Fortified Edible Oils Market Country Level Analysis
Fortified edible oils market is analyses and market size, volume information is provided by type, micronutrient and distribution channel as referenced above.
The countries covered in the fortified edible oils market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia Pacificis estimated to lead the fortified edible oils market due to high amount consumption in this region. North America and Europe are expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to increasing health awareness.
The country section of the fortified edible oils market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data
Competitive Landscape and Global Fortified Edible Oils Market Share Analysis
Fortified edible oils market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fortified edible oils market.
The major players covered in the fortified edible oils report areBunge Limited, ADM, Cargill, Incorporated Conagra Brands, Inc, BORGES INTERNATIONAL GROUP, S.L, AllanasonsPvt Ltd, Liberty, King Rice Oil Group., Samarth Oil, Adani Group, Lam Soon Group., Tata Trusts, BASF SE , Aveno NV, Adams Group, Marico, COFCO International, Emami Agrotech Ltd., and Fytel, and among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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