Scope of the Study
Palm oil is the edible vegetable oil which is derived from the mesocarp of the fruit of the oil palms. It is a cheap substitute for butter or hydrogenated vegetable oils in applications where solid fat is desirable. Whereas, Soybean oil is vegetable oil which is extracted from the seeds of the soybean. It is the most widely consumed cooking oils and the second most consumed vegetable oil. Further, it has various applications such as food, drying oils, medical uses, and others.
The market study is being classified by Type (Soybean oil and Palm oil), by Application (Food & Beverage, Personal Care & Cosmetics, Biofuel & Energy and Pharmaceutical) and major geographies with country level break-up.
Cargill Foods Inc. (United States), Adani Wilmar Limited (India), Ruchi Soya Industries (India), Wilmar (United States), Sime Darby (Malaysia), IOI Corporation (Malaysia), Kuala Lumpur Kepong (Malaysia) and Asiatic Development (Malaysia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Fuji Oil Holdings Inc (Japan), Asher's Chocolate Co. (Unites States), Cargill, Incorporated (Unites States), Santa Barbara Chocolate (Unites States), Forbes Chocolate (Unites States) and Scharffen Berger Chocolate (Unites States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that India, Malaysia Vendors will contribute to the maximum growth of Global Palm Oil and Soybean Oil market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Palm Oil and Soybean Oil market by Type, Application and Region.
On the basis of geography, the market of Palm Oil and Soybean Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Awareness about the Health Benefits of Palm Oil
- Increased Demand for the Product from End Use Industries
- Changing Lifestyle of Consumers
- Availability of Substitutes Such as Rice Bran, Sunflower and Others.
- Increasing Disposable Income
- Growing Concerns for Large Scale Deforestation
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase