Non-GMO Oil Market Scope
Non-GMO oil refers to oil or product produced without genetic engineering, implying there is no modification in food crop or source from which oil is extracted. Non-GMO labelled certification is given by food authorities based on the raw material utilized in oil. Changing daily lifestyle choices and fast life have increase the demand for non- GMO oils.
The Non-GMO Oil market study is segmented by Type (Organic and Conventional), by Application (Food Industry, Bakery, Cosmetics and Personal Care, Animal Feed Industry and Others) and major geographies with country level break-up.
The global market for Non-GMO oil is fragmented by key players owing to rise in demand for the organic food ingredient and demands over the period to build immunity against different disease and weaknesses. The key players should focus upon more subtle availability and clean label packaging for grabbing wider market share. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Non-GMO Oil market throughout the predicted period.
Chosen Foods LLC (United States), Cargill Inc. (United States), Centra Foods (United States), Catania Spagna (United States), Pleasant Valley Oil Mills (Canada), Jedwards International, Inc. (United States), Spectrum Organic Products, Llc (United States), Nexcel Natural Ingredients (United States), Coltura, LLC (United States) and Hain Celestial (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Non-GMO Oil market by Type, Application and Region.
On the basis of geography, the market of Non-GMO 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).
In 2019, Chosen Foods LLC launched Avocado Oil Spray, which is extracted from sustainably sourced, clean nourishment includes flavours such as Garlic, Chipotle, Citrus Pepper, Chili-Lime Ginger.
- Usage of Non-GMO in Animal Feed Owing to Increasing Humanization Among Pet Owners
- Growth in Demand for Healthy Food Ingredients
- Rise in Safety Concerns towards Environment caused Cultivation of non-GMO Crops
- Rise in Demand for Organic Raw Material Cosmetics and Personal Care Industry
- Fluctuating Raw Material Price
- Availability of Substitutes in Market
Key Target AudienceNon-GMO Oil Manufacturer, Provider/Distributor, Raw Material Provider and Others
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