Infinium Global Research Specialty Fats & Oils Market | Page 2

A latest report has been added to the wide database of Specialty Fats & Oils Market by Infinium Global Research. This report studies
the Specialty Fats & Oils Market by ingredients (palm Oil, palm kernel, soybean, nut based, exotic fats oils), by type (confectionary fats,
bakery, culinary, and functional oil/fat), by form (liquid, dry) and by application (chocolate, bakery, dairy, cosmetics) market status and
outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of
different segments & countries in recent years and to forecast the values for the next six years. Specialty Fats & Oils Market provides
opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and
product offerings of the major companies in the Specialty Fats & Oils Market According to the report the Global Specialty Fats & Oils
Market is projected to grow at a CAGR of 6% in terms of value over the period of 2017-2023.
Global specialty fats and oils market is expected to grow at a CAGR of 6% over the forecast period from 2017 to 2023. The major
driving factor for the specialty fats is the constrained supply of cocoa butter and rising demand of chocolates and confectionary
worldwide. The increasing gap between demand and supply of cocoa butter in the confectionery and chocolate industry is met by
production of specialty fat. Moreover, rising awareness about the benefits of consumption of good fatty acids is a key driver for growth
of specialty fats and oils market. Moreover, growing consumer preferences for products that are natural in origin is also resulting rising
demand of specialty fats in application industries.
Segments Covered:
The report segments the global specialty fats & oils market by ingredients: palm oil, palm kernel oil, soybean oil, nut based oil, exotic
fats and oils (majorly tropical tree seed oils), others (as specialty oils or feedstock for specialty fats). On the basis of type: confectionary
fats, bakery oil/fat, culinary oil/fat, and functional oil/fat. On the basis of form: liquid, dry (solid/semisolid). On the basis of application:
chocolate & confectionary, bakery, dairy, frying/cooking retail consumption, cosmetics, others (baby food etc.)
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Scope
for growth of specialty fats is highest in Asia-pacific due to lower affordability of cocoa based products. Moreover the bakery and
biscuits market is growing rapidly in such countries as inter cultural foods are getting integrated in daily eating habits. In developed
markets such as The U.S. in North America and Germany and United Kingdom in Europe limited supplies of cocoa butter has
necessitated rising demand of specialty fats and oils. Globally, the segments such as milk fat replacers, cosmetics and specialty oils are