The Global North America Fats & Oils Market is expected to hold a significant share in terms of revenue as it has impacted several adjuvant industries over the past decades. Strong economic growth, especially in emerging countries, is holding sway in the market. In addition to this, rapid lifestyle transformation and rising preference towards healthy food have emerged as a boon to North America Fats & Oils market. Nowadays, consumers are more concerned about the quality and ingredients of food consumed. —
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Some of the leading players operating in the global market include;
• Archer Daniels Midland Company
• Cargill Incorporated
• Bunge North America
• Ag Processing, Inc.
• Riceland Foods
• Incobrasa Industries
• Perdue Agribusiness
• Louis Dreyfus Company
• Viterra Inc.
• Associated British Foods Plc (ABF)
Technology is one of the biggest disruptors in the food and beverage sector, and companies are continuously adopting these technologies to stay ahead of the competition. Automation is hitting the food retail sector. In the coming years, robots are expected to prepare food and simultaneously ensure food safety. The food and beverage industry is undergoing numerous changes with changing consumer preferences and the rising number of food and beverage start-ups.
This information has been published by fortune Business Insights in a report, titled “North America Fats & Oils Market Size, Share and Global Trend By Source (Vegetable (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, and Castor Oil), Animal (Lard, Tallow, Fish Oil, Butter)), By Application (Food & Non-Food Use), and Geography Forecast till 2026”.
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According to the report, the global market covered value of US$ 25.92 million in the year 2018 and is anticipated to reach US$ 36.60 million by the end of 2026
Key Segments Analysis:
• By Source
(Vegetable (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, and Castor Oil), Animal (Lard, Tallow, Fish Oil, Butter))
• By Application
(Food & Non-Food Use)
Novel technological changes are intended to take this industry to new heights. Furthermore, the introduction of cost-effective equipment is expected to revolutionize processes in the Global North America Fats & Oils Market. Also, innovative packaging techniques will help the market players gain a strong footprint in the coming years. Rising disposable income among people in emerging countries is another factor driving the market.
The report on this industry offers a detailed overview on the trends prevailing in the global market. It also provides valuable insights into various factor influencing growth in the market. In addition to this, some of the restraints are discussed which may negatively impact the market’s growth.
The information has been taken from primary and secondary sources. It comprises of information gathered from several industry experts. Secondary sources such as collaterals, press releases, and valuable information from recognized institutes are used to analyze the market.
Major Table of Content For North America Fats & Oils Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global North America Fats & Oils Market Analysis, Insights and Forecast, 2014-2025
6. North America North America Fats & Oils Market Analysis, Insights and Forecast, 2014-2025
7. Europe North America Fats & Oils Market Analysis, Insights and Forecast, 2014-2025
8. Asia Pacific North America Fats & Oils Market Analysis, Insights and Forecast, 2014-2025
9. Middle East and Africa North America Fats & Oils Market Analysis, Insights and Forecast, 2014-2025
10. Latin America North America Fats & Oils Market Analysis, Insights and Forecast, 2014-2025
11. Competitive Landscape
12. Company Profile
13. Conclusion
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Release ID: 88895327