Vegetable Fats Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
Vegetables Fats Market Overview:
Vegetable fats is considered a fat, which originates from plant based sources rather than animal based sources. Vegetable fats are beneficial as they are healthy, provided they are available as unsaturated fat. Consumption of foods, which contains vegetable fats helps keep heart healthy as it improves cholesterol level. Vegetable fats are recommended as an essential ingredient in heart healthy diet. Few foods, which are rich in vegetable fats are avocados, olives, peanut butter, nuts and seeds, vegetable shortening and others. Oils rich in vegetable fats are olive oil, coconut oil, sunflower oil, safflower oil and others. Vegetable fats are often solid at room temperature.
Global Vegetable Fats Market Dynamics:
Polyunsaturated fats, which is a type of vegetable fats are rich in essential fats. These essential fats are required by body as body cannot synthesis this, thus body needs food to get the essential fats. Polyunsaturated fats consists of Omega- 3 and Omega- 6 fatty acids, which builds cell membranes and nerves covering, thus driving market demand. Vegetable fats keeps heart fit and healthy by preventing different diseases and stroke as it raises high density lipoprotein (HDL), reduces blood pressure, lowers triglycerides and reduces need of corticosteroid medications in sufferers of rheumatoid arthritis. All these benefits of vegetable fats drives market demand for it. Demand for rich and high quality oils and fats, changing consumption habits of consumers are driving forces behind vegetable fats market. Increasing health consciousness among consumers about the disadvantages related to the consumption of animal fat is also a driving force and increasing demand for the vegetable fats market globally. Animal fat generally tends to provide more fat than compared to vegetable fats. Thus, people are shifting to vegetable fats as a replacement to animal fat.
Vegetable fats, which are available as trans fat is generally considered as worst dietary fat. This type of fat converts oils to solids. Trans fat increases harmful low density lipoprotein (LDL) cholesterol in bloodstream and lowers effective high density lipoprotein (HDL) cholesterol. Trans fat are not loaded with any health benefits and ensures no safe consumption level.
Global Vegetable Fats Market Segmentation:
The global vegetable fats market is segmented on the basis of type, application and source. Types of vegetable fats available are monounsaturated fat, polyunsaturated fats (essential fatty acids) and trans fat. Polyunsaturated fats are rich in demand as they consists of Omega- 3 and Omega- 6 fatty acids. These fatty acids helps in growth and repair and make other fatty acids. The global vegetable fats market is segmented on the basis of application such as bakery, savory and snacks, confectionery, spreads, dairy, animal feed and others. Trans fat is used majorly in snacks so that it can be preserved as packaged foods. Monounsaturated fat includes oils such as olive oil, peanut oil, canola oil, safflower oil and few others. Polyunsaturated fats includes soybean oil, corn oil and sunflower oil. Sources from where vegetable fats are derived are oils (vegetable seed oils) and leaves. Majority of vegetable fats is derived from seeds, by different process of rendering, grinding and others.
Global Vegetable Fats Market: Regional Outlook
Geographically, the global vegetable fats industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Asia Pacific is the leading player of vegetable fats market. Grain mill products, fats and oils and meat products are the three categories of food identified, which are rich in vegetable fats, and are found in abundance in Asia- Pacific, makes it the market leader of vegetable fats. Moreover China is the leading country in consumption of packaged food, which contains trans fat. Europe is the second player in this vegetable fats market.
Global Vegetable Fats Market Key Players:
The major players identified across the value chain of global vegetable fats market includes Cargill, Incorporated, The J.M. Smucker Company, Wilmar International Ltd., Unilever Group, ConAgra Foods, Inc., Archer Daniels Midland Company, J- Oil Mills Inc., Nestle SA, Ajinomoto Co., Inc. and AAK AB and others.
The Report covers exhaustive analysis on:
- Vegetable Fats Market Segments
- Vegetable Fats Market Dynamics
- Historical Actual Market Size, 2013 – 2015 for Global Vegetable Fats Market
- Vegetable Fats Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Vegetable Fats Market Current Trends/Issues/Challenges
- Competition & Companies involved in Global Vegetable Fats Market
- Value Chain
- Global Vegetable Fats Market Drivers and Restraints
Regional analysis for Global Vegetable Fats Market includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics of the Global Vegetable Fats industry
- In-depth market segmentation of Global Vegetable Fats industry
- Historical, current and projected market size in terms of volume and value of Global Vegetable Fats industry
- Recent industry trends and developments of Global Vegetable Fats industry
- Competitive landscape of Global Vegetable Fats industry
- Strategies of key players and product offerings in the Global Vegetable Fats industry
- Potential and niche segments/regions exhibiting promising growth in Global Vegetable Fats industry
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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