Global Specialty Fats Market expected to grow at a CAGR of roughly 9.3% over the next Seven years

Posted on 2018-07-11 by Mark Hub in Food & Beverage, Industrial // 0 Comments

Albany, US, 2018-Jul-11 — /EPR Network/ —: The market for Specialty Fats is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Specialty Fats Market by Manufacturers, Regions, Type and Application, Forecast to 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Specialty Fats sector is highlighted in the report which indicates a prosperous future.

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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%.

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, according to a new GIR (Global Info Research) study.

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

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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

There are 15 Chapters to deeply display the global Specialty Fats market.
Chapter 1, to describe Specialty Fats Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Specialty Fats, with sales, revenue, and price of Specialty Fats, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Specialty Fats, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Specialty Fats market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Specialty Fats sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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About Market Research Hub

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MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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