Market Overview

Fats & Oils: World Markets to 2023 - Palm Oil Accounts for Major Share - ResearchAndMarkets.com

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The "Global
Fats and Oils Market - Growth, Trends, and Forecast (2018 - 2023)"

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The global fats and oils market is expected to register a CAGR of 5.2%
during the forecast period (2018-2023), to reach USD 270.55 billion by
2023.

The primary driver of the market is the hike in demand for
polyunsaturated fats, which encompasses omega-3 and omega-6 fatty acids.
Ferrero products have achieved the distinction of being produced with
only palm fruit oil, which is 100% certified as sustainable and
segregated, according to the Roundtable on Sustainable Palm Oil (RSPO)
supply chain.

Key Highlights

  • Hike in Consumption of Processed Foods & Confectionery
  • Palm Oil Accounts for Major Share
  • North America Holds Major Share

Developments in the Market

  • May 2017 - ConAgra Foods has struck a USD 285 million deal to sell its
    Wesson edible oil to J. M Smucker in the process of re-engineering its
    portfolio.
  • March 2017 - Cargill, in partnership with Wild Asia, has helped 141
    independent oil palm smallholder farmers in Perak receive the
    Roundtable on Sustainable Palm Oil (RSPO) certification under the Wild
    Asia Group Scheme (WAGS).

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Wilmar International Limited
  • Archer Daniels Midland Company
  • Cargill Inc.
  • ConAgra Foods Inc.
  • Unilever PLC
  • Associated British Foods PLC (ABF)
  • Adani Group
  • Fuji Oil Co. Ltd.
  • Adams Group Inc.
  • Arista Industries Inc.

For more information about this report visit https://www.researchandmarkets.com/research/8xxm3r/fats_and_oils?w=4

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