Market Analysis Report Edible Oil Market | Page 2

Your Catalyst to a Lucrative Business Moreover, standards to ensure product authenticity have been laid down by the Food and Agricultural Organization (FAO). A research by the Food Navigator, a prominent online news source for the global food industry, states that trans fats increase cholesterol level in the body and can further give rise to heart diseases or diabetes. This has compelled manufacturers to undertake R&D initiatives concerning production of trans-fat free soybean oil. Increased investments, novel product development, and innovation of new flavors & healthy ingredients, particularly in developed markets, are projected to open new avenues for growth. However, strict regulations in product applications and growing health problems among consumers are major challenges faced by the market. Furthermore, low production and inability to meet growing demand of the product are estimated to restrain market growth in the coming years. Palm oil is likely to account for a prominent share in the forthcoming years as a result of robust demand, particularly in Indonesia and Malaysia, burgeoning applications, and advancements in sustainable production techniques. Soybean, olive, avocado, and coconut oils are anticipated to gain traction in future as they are a rich source of fatty acid, which can lower cholesterol and kill bacteria and other pathogens. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-and- beverages-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - https://www.hexaresearch.com Follow Us: