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.
Attribute
|
Details
|
Base
Year
|
2021
|
Historical
Years
|
2017 –
2020
|
Estimated
Year
|
2022E
|
Forecast
Period
|
2023F –
2027F
|
Quantitative
Units
|
Revenue in
USD Million, and CAGR for 2017-2021 and 2022E-2027F
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
Covered
|
·
Type
·
Form
·
Functionality
·
Application
|
Region
Scope
|
South-Region,
West-Region, Mid-West Region & Northeast-Region
|
Key
Companies Profiled
|
Bunge,
Wilmar International, Cargill, Musim Mas, International Foodstuff Company
Limited (IFFCO), Mewah International, Fuji Oil, D&L Industries
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase
options
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
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:
- 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.
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]