New York, NY -- (SBWIRE) -- 08/28/2017 -- Based on the continued demand for edible oils and fats across the region as a major ingredient for culinary purpose, the global edible oils and fats market is projected to reach 298,522 kilo tons growing with CAGR of 4.56% during the forecast period of 2017-2023. In 2017, APAC is anticipated to hold a major market share followed by Europe. Large share of APAC in edible oils and fats market is backed up by the regions' high resources of crops and livestock. Europe will witness higher market growth in edible oils and fats market during forecast period. Increasing demand of animal fats such as lard and tallow in the region and also improved harvesting techniques are driving the edible oils and fats market in Europe.

Palm oil and soybean oil together are evaluated to hold a major share of more than 45% of market share in the year 2017. Corn oil will witness higher growth rate during the forecast period based on increasing demand of corn oil for industrial purpose. Rising adoption of vegan life-style and increased demand for naturally sourced products will increased the share of plant sourced edible oil and fats on a global level. Plant sourced oils are evaluated to hold a lion's share of more than 80% in 2017. Animal sourced fats will witness steady growth rate during the forecast period. Wide range of oils and fat available in market with unique and peculiar characteristics will attract population of mass consumers across the globe. Industrial applications of edible oil and fats for the production of bio-fuel has boosted the market and will contribute in its market growth during forecast period.

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The Global Edible Oils and Fats market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Asia Pacific has the major market share followed by Europe. APAC holds major market share of more than 50% in edible oils and fats market and it is projected to reach a market volume of more than 1,50,000 kilo tons with CAGR of 4.70% during the corresponding period. Europe will witness higher market growth (~6.05%) in edible oils and fats market during forecast period.

Key Players

The leading market players in the Global Edible Oils and Fats market primarily are Archer-Daniels-Midland Co. (U.S.), Associated British Foods Plc. (U.K.), Wilmar International Ltd (Singapore), Bunge limited (U.S.), Adani Wilmar Ltd (India), Cargill, Inc.(U.S.) and Ajinomoto Co., Inc.(Japan)

Target Audience
- Edible Oils and Fats Manufacturers
- Food and beverage Industry
- Agriculture Industry
- Bio-diesel manufacturers
- Animal feed manufacturers
- Retailers and wholesalers
- Traders, importers and exporters

Key Findings

- The Global Edible Oils and Fats market is projected to reach 298,522 kilo tons by 2023 with growth rate of 4.56%

- Globally, application of Edible Oils and Fats in Bio-diesel is growing at higher rate of 4.87%

- Globally, palm oil and soybean oil together holds more than 48% of market share in the year 2017

Regional and State wise Analysis of Global Edible Oils and Fats market Development and Demand Forecast to 2023 Market

The reports also cover country level analysis:

- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o Spain
o U.K.
o Rest of Europe
- Asia Pacific
o China
o India
o Indonesia
o Malaysia
o Rest of APAC

- Rest of World
o Brazil
o Argentina
o Turkey
o South Africa
o Egypt
o Other Countries

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Table Of Contents – Major Key Points

1 Executive Summary 17

2 Introduction 18
2.1 Definition 18
2.2 Scope of the Study 18
2.2.1 Research Objective 18
2.2.2 Assumptions 18
2.2.3 Limitations 18
2.3 Market Structure 19

3 Research Methodology 21
3.1 Introduction 21
3.2 Primary Research 22

4 Secondary Research 23

5 Market Dynamics 24
5.1 Introduction 24
5.1.1 Key Drivers in Edible Oils and Fats Market 25
5.1.1.1 Shifting to R&D investments 25
5.1.1.2 Decreasing per capita Farmland 25
5.1.1.3 Change in farming practices & technology 26
5.1.2 Key Restraints in Edible Oils and Fats Market 26
5.1.2.1 Reductions in planting rates 26
5.1.2.2 Duration of new plant biotechnology trait R&D Process 27
5.1.3 Opportunities 27
5.1.3.1 High Exports Potential 27
5.1.3.2 Growing Preferences For Nutritious Value Products 27
5.1.3.3 Cold Chain Sectors Plans Heavy Investment In Developing Countries 27
5.1.4 Challenges 28
5.1.4.1 Difficulty in Operations 28
5.1.4.2 Health and Safety 28
5.1.4.3 Changing Consumer Tastes 28

6 Market Trends 29
6.1 Trends in Supply/Production 29
6.2 Trends in Demand/Consumption, By Application 30
6.3 Emerging Markets (Supply & Demand) 32

7 Emerging Markets for Edible oil and Fats 33
7.1 Innovations in Products/Process in Edible Oil and Fats 33
7.2 Macroeconomic Indicator Analysis for Top 4 Edible Oils and Fats Market 35
7.2.1 Pestle Analysis-U.S. 35
7.2.2 Pestle Analysis-France 36
7.2.3 Pestle Analysis-India 36
7.2.4 Pestle Analysis-China 37

8 Market Factor Analysis 39
8.1 Introduction 39
8.2 Value Chain Analysis 39
8.3 Porter's Five Forces 40
8.3.1 Threat of New Entrants 40
8.3.2 Threat of Substitutes 40
8.3.3 Buyer Power 41
8.3.4 Supplier Power 41
8.3.5 Intensity of Rivalry 41
8.4 Supply Chain Analysis 42

9 Global Edible Oils and Fats Market Overview 43
9.1 Global Edible Oils and Fats Market Overview 43

10 Global Edible Oils and Fats Market by Type 44
10.1 Global Edible Oils and Fats Market, By Type (2016-2023) 44
10.2 Global Edible Oils and Fats Market, Corn Oil, By Region, Kilo Tons 45
10.3 Global Edible Oils and Fats Market, Sesame Oil, By Region, Kilo Tons 45
10.4 Global Edible Oils and Fats Market, Olive Oil, By Region, Kilo Tons 46
10.5 Global Edible Oils and Fats Market, Palm Oil, By Region, Kilo Tons 46
10.6 Global Edible Oils and Fats Market, Coconut oil, By Region, Kilo Tons 47
10.7 Global Edible Oils and Fats Market, Cottonseed oil, By Region, Kilo Tons 47
10.8 Global Edible Oils and Fats Market, Peanut oil, By Region, Kilo Tons 48
10.9 Global Edible Oils and Fats Market, Soybean oil, By Region, Kilo Tons 48
10.10 Global Edible Oils and Fats Market, Safflower oil, By Region, Kilo Tons 49
10.11 Global Edible Oils and Fats Market, Rapeseed oil, By Region, Kilo Tons 49
10.12 Global Edible Oils and Fats Market, Sunflower oil, By Region, Kilo Tons 50
10.13 Global Edible Oils and Fats Market, Margarine, By Region, Kilo Tons 50
10.14 Global Edible Oils and Fats Market, Butter, By Region, Kilo Tons 51
10.15 Global Edible Oils and Fats Market, Lard, By Region, Kilo Tons 51
10.16 Global Edible Oils and Fats Market, Tallow, By Region, Kilo Tons 52
10.17 Global Edible Oils and Fats Market, Others, By Region, Kilo Tons 52

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