Cooking Oils and Fats Market to to Rise with an Increasing Revenue Growth by 2022

Cooking Oils & Fats Market

Opportunity Analysis and Industry Forecast, 2016-2023

Global Opportunity Analysis and Industry Forecast, 2014-2022

Introduction • Global cooking oils and fats market is expected to reach $65,260 million by 2022 registering a CAGR of 1.12% from 2016 to 2022 • Increase in applications of cooking oils and fats in the emerging countries is expected to foster the market growth in the coming years •

Increase in use of high quality edible oils and fats, growth in disposable income of consumers, and high demand for cooking oils and fats in the food services industries and households drive the market

• The market is segmented based on geography into North America, Europe, Asia-Pacific, and LAMEA

Key Factors of the Market • Emerging Factors • Increase in consumption of cooking oils and fats in households in foodservices drives the cooking oils and fats market • Increase in awareness of obesity and its association with heart diseases and diabetes is responsible for the changing food trend among consumers is driving the market • Increasing Consumption of Processed Foods is helping the market to grow • Urbanization is leading to more increase in the number of restaurants, fast food joints, and quick service restaurants drives the global cooking oil market

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Key Benefits of the Market • The vegetable and seed oil segment occupied the highest share in 2015, and is expected to grow at a significant CAGR of 0.92%, in terms of value, during the forecast period • Asia-Pacific is the leading market for cooking oils and fats, followed by Europe • The butter segment is expected to grow at the highest CAGR of 1.63%, in terms of value, from 2016 to 2022 • The U.S. is the leading market for cooking oils and fats in the North American region, growing at a CAGR of 0.70%, in terms of value

Market Segmentation

Key Players of the Market • • • • • • • • • •

Unilever PLC Cargill, Inc. International Foodstuff Company Limited United Plantations Berhad Wilmar International Limited Archer Daniels Midland Company Associated British Foods plc Bunge Limited CHS Inc. and ConAgra Foods Inc.

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