Bharat Book Bureau Provides the Trending Market Research Report on “Global Specialty Fats Market by Manufacturers, Regions, Type and Application, Forecast to 2023” under Food Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Specialty Fats are tailor made to imitate the many positive traits of cocoa butter or other properties to make them more suitable for specific applications.
Scope of the Report:
This report focuses on the Specialty Fats in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The global average price of specialty fats is in the decreasing trend, from 810 USD/MT in 2012 to 746 USD/MT in 2016. With the situation of global automotive industry, prices will be in fluctuation trend in the following five years.
The classification of specialty fats includes cocoa butter equivalents, cocoa butter substitutes and other types, and the proportion of cocoa butter equivalents in 2016 is about 38%.
Specialty fats are widely used in household, restaurant, industry and other field. The most proportion of Specialty Fats is industry field, and the market share in 2016 is about 39%.
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North America is the largest consumption place, with a consumption market share nearly 28% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 25%.
Market competition is intense. AAK AB, Wilmar, Cargill, IOI Group, etc. are the leaders of the industry, and they hold key technologies and market, with high-end customers; have been formed in the large market share in the industry.
The worldwide market for Specialty Fats is expected to grow at a CAGR of roughly 9.3% over the next five years, will reach 4970 million US$ in 2023, from 2920 million US$ in 2017.
Market Segment by Manufacturers, this report covers
– AAK AB
– Wilmar
– Cargill
– IOI Group
– Musim Mas
– Fuji Oil
– ISF
– Bunge
– Mewah Group
– Premium Vegetable
– Olenex
– Oleo-Fats
– IFFCO
– Liberty Oil Mills
Market Segment by Regions, regional analysis covers
– North America (United States, Canada and Mexico)
– Europe (Germany, France, UK, Russia and Italy)
– Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
– South America (Brazil, Argentina, Colombia etc.)
– Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
– Cocoa Butter Equivalents
– Cocoa Butter Substitutes
– Others
Market Segment by Applications, can be divided into
– Household
– Restaurant
– Industry
– Others
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