United States Specialty Fats & Oils Market, By Type (Specialty Fats and Specialty Oils), By Form (Dry and Liquid), By Functionality (Molding, Texturing, Filling, Coating, Health and Others), By Application (Chocolates & Confectioneries, Processed Foods, Bakery Products, Dairy Products and Others), By Company and By Geography, Forecast & Opportunities, 2027

United States Specialty Fats & Oils Market is projected to grow at a CAGR of over 5% during the forecast period owing to increasing gap between cocoa butter demand & supply and the increasing consumption of confectionery and processed foods. Based on application, the specialty fats & oils market is segmented into chocolates & confectioneries, bakery products, processed foods, and dairy products. In 2021, the bakery products segment accounted for the largest share and is expected to maintain its dominance over the next five years as well owing to growing demand for bakery products such as bread, pastries, cakes & cookies and growing income & spending power in the country. Based on form, the market has been categorised into liquid and dry. In 2021, in terms of value & volume, the dry segment accounted for a larger market share followed by the liquid segment since dry form helps to function as a replacer for dairy and cocoa fats and bear a similarity either in the physical or chemical properties to dairy butter and cocoa butter. Due to these factors, the market for the dry form of specialty fats accounted for a larger share. Some of the leading players in the United States Specialty Fats & Oils Market are Bunge, Wilmar International, Cargill, Musim Mas, International Foodstuff Company Limited (IFFCO), Mewah International, Fuji Oil, D&L Industries etc.

Objective of the Study:

• To analyse and forecast the market size of Specialty Fats & Oils Market, in terms of value & volume.
• To classify and forecast United States Specialty Fats & Oils Market based on type, form, functionality, application and regional distribution.
• To identify drivers and challenges for United States Specialty Fats & Oils Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States Specialty Fats & Oils Market.
• To conduct the pricing analysis for Specialty Fats & Oils Market.
• To identify and analyse the profile of leading players involved in the manufacturing of United States Specialty Fats & Oils Market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across United States. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across United States.

TechSci Research calculated the market size of United States Specialty Fats & Oils Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• Specialty Fats & Oils manufacturers
• Raw Material Supplier
• End Users
• Distributors, and Suppliers
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United States Specialty Fats & Oils Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• United States Specialty Fats & Oils Market, By Type:
• Specialty Fats
• Cocoa Butter Equivalents
• Cocoa Butter Improvers
• Cocoa Butter Replacers
• Dairy Fat Replacers
• Others
• Specialty Oils
• Palm Oil
• Coconut Oil
• Soybean Oil
• Rapeseed Oil
• Others
• United States Specialty Fats & Oils Market, By Form:
• Dry
• Liquid
• United States Specialty Fats & Oils Market, By Functionality:
• Molding
• Texturing
• Filling
• Coating
• Health
• Others
• United States Specialty Fats & Oils Market, By Application:
• Chocolates & Confectioneries
• Processed Foods
• Bakery Products
• Dairy Products
• Others
• United States Specialty Fats & Oils Market, by Country:
• United States
• South-Region
• West-Region
• Mid-West Region
• Northeast-Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Specialty Fats & Oils Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.