Acumen Research and Consulting Surge at 7.1% CAGR and Edible Oil and Fats Market | Page 3

View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/edible-oil-and- fats-market Market Snapshots In 2018, revenues exceeding USD 60 billion in the oil product sector were generated. The increasing importance of calorie-free products including olives and sunflower is projected to continue to be an advantageous factor during the predicted period compared with animal-based fats. A CAGR of over 7 percent between 2019 and 2026 will be expected in the coconut segment. Due to the effective supply of aminos, vitamins and minerals, the product should gain in importance. Asia Pacific was the world leader in sales in 2018 with over 30 percent of the global market share. The region is expected to continue in the near future to be dominated by the high concentration of median-aged groups on key markets, such as China, India, Bangladesh and Thailand. It is expected that by the end of 2026 Europe will reach more than USD 25 billion. Consumer requirements for specialty oils, including olive oil, are projected to increase overall in consumption of Mediterranean diets among consumers in Spain, Italy and France. The market for Edible Oil and fats is very competitive. Aceities Borges Pont S.A.;; ADM; Avena Nordic Grain Oy; ACH Food Companies, Inc., and Cargill Inc. are key players. The main success factors for major market participants in the coming years are expected to continue to be strategic partnerships with emergent distributors with significant buyer base. Would like to place an order or any question, please feel free to contact at [email protected] | [phone]