According to the recent study the specialty fat and oil market is projected to grow at a CAGR of 8%-10% from 2020 to 2025. Growth in this market is primarily driven by growing consumption of confectionery and processed foods, disposable income, and increasing gap between cocoa butter demand and supply.
Browse XX figures /
charts and XX tables in this 150-page report to understand trends,
opportunities and forecast in specialty fat and oil market by product type
(specialty oils and specialty fats), application (chocolates and confectionary,
bakery, processed food, dairy, cosmetics, baby food, and others), form (solid,
semi solid, and liquid), and region (North America, Europe, Asia Pacific, and
Rest of the World).
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and view detailed Table of Content by clicking on below link https://www.lucintel.com/specialty-fat-and-oil-market.aspx
“Baby food market is expected to remain
the largest segment during the forecast period.”
Based on application,
the specialty fat and oil market is segmented into chocolates and
confectionary, bakery, processed food, dairy, cosmetics, baby food, and others.
Lucintel forecasts that the baby food market is expected to remain the largest
segment due to the rising focus on the emerging trend of feeding infants with
infant formulas and infant food lipids.
“Asia pacific will dominate the specialty fat and oil market in
near future.”
Asia Pacific will remain
the largest region over the forecast period due to increasing food consumption,
rising disposable income, rapid growth of the middle-class population, and
growing consumer demand for processed products..
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Major players of
specialty fat and oil market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Cargill,
Wilmar International, Bunge, AAK , IOI Group, International Foodstuff Company,
Mewah International, Musim Mas, Fuji Oil, and The Nisshin Oillio Group are
among the major specialty fat and oil providers.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/specialty-fat-and-oil-market.aspx or helpdesk@lucintel.com.
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
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