Low Calorie Oil : Market Outlook
The low calorie oil industry is globally growing as health conscious customers are rising, innovation in products and increasing demand has made sure that oil industry continues to execute competently in the future.
The manufactured low calorie oil is used for multiple purposes for food preparation at households to huge eateries, fast food chains. It is also used factories that manufacture foods that need added oil to be mixed in the process of final food product.
The processing that is carried out to production of oils is through wet-milling corn, in which the procedure splits corn into its basic elements.
Rising significance of low calorie vegetable oils as key useful fixings which lessen the danger of cardiovascular issues alongside bringing down the chance of cancer disease is extended to stay a good development driver.
Furthermore, changing diet patterns of customers along with frantic lifestyle among working class professionals is likely to change the consumer preference and drive demand for low calorie oil for cooking.
Numerous Health Benefits Offered By Low Calorie Oil Is Anticipated To Increase Low Calorie Oil Market Growth in Forecast Period
Number of hotels and restaurant chains in developing countries like China and India are increasing tremendously and flowing preference of middle income groups to go for dine-out during weekends, according to the National Restaurant Association of India (NRAI) this sector has been seeing growth of 20% annually.
Concern amongst customer is rising persistently about the adverse effects on health such as heart diseases, diabetes, obesity, caused by high consumption of fats and calories. Hence consumers are opting for low calorie and health food products due to which it is expected to rise the demand for low calorie oil in forecast period.
Along with this oil manufactures are more focusing on producing healthier and low calorie oil to cater the demand of health conscious customers. For example in 2019 Cargill Inc. has filed a patent for canola oil which is heat stable and contains just 3.5- 5% of saturated fatty acids.
The sector is projected to witness notable growth rate as a result of factors mentioned above and are projected to have a positive impact on low calorie oil market.
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Low Calorie Oil Market: Key Player
Some of the key players driving the growth of low calorie oil market are
- Wilmar International
- Cargill Inc.
- Archer Daniels Midland Company
- CHS Inc.
- Conagra Foods Inc
- Bunge Limited
- Associated British Foods
- International Foodstuff Company Holdings Limited
- Beidahuang Group
- Ruchi Soya
- Unilever PLC.
Low Calorie Oil Market: Regional Analysis
The low calorie oil market in North America is driven by technologically advanced procedures used in manufacturing by key players, increasing per capita income, and surge in consumption of fast food among the customers.
Oil seeds production in India is more than 5 % of the gross national product and around 15%of country’s area accounts for cultivation of crops such as castor groundnut, mustard sesame, sunflower etc.
India produces roughly 10% of world’s oilseeds. Due to high availability of raw material and increasing awareness in consumers regarding health and wellness, low calorie oil market in Asia Pacific region is expected to grow drastically because of countries like China and India.
The low calorie oil market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the low calorie oil market, including but not limited to: regional markets, ingredient, end-use, and distribution channel.
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The Study is a Source of Reliable Data on:
- The low calorie oil market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The Regional Analysis Covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The low calorie oil market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so low calorie oil market, the report projects the attractiveness of each major segment over the forecast period.
An Adaptive Approach to Modern-day Research Needs
Highlights of the Low Calorie Oil Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the low calorie oil Recommendations to companies for strengthening their foothold in the low calorie oil market
Low Calorie Oil : Market Segmentation
On the basis of product type, global low calorie oil market can be segmented as:
On the basis of distribution channel, global low calorie oil market can be segmented as:
- Super Markets/ Hyper Markets
- Convenience Stores
- Specialty Stores
- Online Retail
On the basis of end use, global low calorie oil market can be segmented as:
- Food & Beverage Processing Industry
Note: Although care has been taken to maintain the highest levels of accuracy in FACT.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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