Food and Beverages North America Vegetable Oils Market | Página 3
North America Vegetable Oils Market Size, Share and Global Trend By Type (Soybean Oil,
Canola Oil, Corn Oil, Palm Oil, Coconut Oil, Palm Kernel Oil, Olive Oil, Cottonseed Oil,
Sunflower Oil, Peanut Oil, Safflower Oil, Sesame Oil, Linseed Oil, Castor Oil), By Application
(Food, Non-Food Use) & Geography Forecast till 2026
These factors are likely to increase North America vegetable oils market revenue. Furthermore, the
key market players are currently concentrating on innovative packaging strategies, new product
launches, expansion of product portfolio, and clean-labeling procedures. Their strategic efforts have
already started to put positive impact on the vegetable oils market in North America.
Calyxt, Inc., Richardson International Limited, and Other Key Players Strengthen their Positions
through Innovative Product Launch and Strategic Acquisitions
Richardson International Limited, an agricultural and food industry company headquartered in
Canada, announced that it has acquired Wesson, a leading retail brand of vegetable oils and canola,
based in the U.S. in February 2019.
The acquisition is considered to be very significant for Richardson as it will aid in bolstering and
growing the company’s food and ingredients business. This will not only boost the market in North
America, but also enhance the company’s capability to fulfill the unmet needs of the masses across
the globe.
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