In recent times, specialty fats & oils are the fundamental
components in a wide range of products such as dressings, confectionery
products, margarine, shortenings, baked goods, snack foods, infant formulas,
and non-dairy creamers. Therefore, specialty fats & oils feature several
important functionalities as a filling, coating, stabilizing as well as
texturing, which play an essential role in the overall processing of the various
food items.
According to the research report, ‘Specialty
Fats and Oils Market: Current Analysis and Forecast (2021-2027)’
states that the Cargill Incorporated, Wilmar International, Bunge Limited,
Mewah International, Aak Ab International Foodstuff Company Limited (Iffco),
Musim Mas, Fuji Oil, Manildra Group and Bako Wales, and many more are some of
the major players which are currently operating in the Specialty Fats and Oils
Market. The report covers the company profile of the above mentioned players on
the various parameters such as Company Overview, Business Strategy, Key Product
Offerings, Financial Performance, Key Performance Indicators, Risk Analysis,
Recent Development, Regional Presence, SWOT Analysis and many more.
Moreover, the Advanced Carbon Materials market is being majorly
segmented on the various segments namely by Type (Specialty Fats, Cocoa Butter
Equivalents, Cocoa Butter Substitute, Cocoa Butter Replacer, Cocoa Butter
Improvers, Dairy Fat Replacers, and Other Specialty Fats), by Specialty Oils (Palm
Oil, Soyabean Oil, Coconut Oil, Sunflower Oil, Rapeseed Oil, and Other
Specialty Oil), by Application (Chocolate & Confectionery, Bakery Product, Processed
Food, Animal Nutrition, Dairy Product, Infant Nutrition, Other Application), by
Functionality (Molding, Filling, Coating, Stabilizing, Texturing, Other
Functions), by Form (Dry, and Liquid), by Region (North America, Europe, Asia
Pacific, and the Rest of the World).
Also, it has been witnessed that the report covers the extensive
coverage of data at the country level as well for the above mentioned regions
namely United States of America, Canada, Germany, United Kingdom, France,
Spain, China, Japan, India, Australia and many others.
Furthermore, it has been also observed that the owing to the increasing
health concerns of the customers, major food manufacturers are opting for good
fatty acids as key ingredient in food products. Majority of the food
manufacturers are utilizing specialty oil and fats for producing a range of confectioneries
for health-conscious customers.
In the near future, it is anticipated that the Specialty Fats and
Oils Market will increase and reach to a substantial value in terms of Revenue
in USD Million by the end of the year 2027, and it is projected that the market
will attain this growth at a double digit CAGR during the review period 2021 –
2027. Therefore, the growth in the market is expected majorly due to growing
awareness among the people towards the healthy food products coupled with the
rise in the demand and consumption of chocolates further aids the market
demand. Moreover, the growing demand for infant nutrition for various reasons will
further lead to surge in the overall demand for products with healthy content
and comprehend the Specialty Fats and Oils Market across the globe.
For More Information, refer to
below link:-
Global
Specialty Fats And Oils Market
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