In a recent research report by Maximize Market Research, the Global Fats and Oils Market is expected to surpass US $ 320.39 Bn by the year 2027, from US$ 236.7 Bn in 2020.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 5.00%, during the tenure of 2021-2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of three major segments and further into sub-segments, by type (oil type( palm oil, soybean, rapeseed oil, sunflower, olive oil, other) and fat type ( butter, shortening and margarine, lard, tallow, other)), By form (solid and liquid) by Source (vegetables and animal), by application (food use and industry use), and market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players- Associated British Food Plc, Ajinomoto Co. Inc., United Plantations Berhad, Bunge Limited, Archer Daniels Midland Company, Wilmar International Limited, International Foodstuff Company Limited, Cargill, Inc., Fuji oil Holding Inc.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Fats and Oils Market.”
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