Demand for PHO and Non-PHO based Oils and Fats to be Fueled by Changes in Consumer Perception in the Light of COVID-19

XploreMR provides a critical assessment of the performance of emerging and mature markets in a new publication titled “Global Market Study on PHO and Non-PHO based Oils and Fats: Palm Oil Emerging as a Frontrunner to Replace PHO Oils”

This report provides forecast and analysis of the global PHO and non-PHO based oils and fats market. It provides estimated data for 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (metric tons). The report also includes the business environment scenario along with an outlook on PHO and non-PHO based oils and fats for the global market. It includes drivers and restraints of the global PHO and non-PHO based oils and fats market and their impact during the forecast period. The report also comprises the study of current regulatory scenario for PHO and Non-PHO based oils and fats. It also includes value chain analysis and cost structure of key oil modification processes.

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In order to provide users of this report with a comprehensive view of the market, we have included detailed competitiveness analysis and PHO and non-PHO based oils and fats market key players and strategic overview. The dashboard provides a detailed comparison of PHO and non-PHO based oils and fats manufacturers on parameters such as total revenue, product offerings, and key strategy. The study encompasses PHO and non-PHO based oils and fats market attractiveness analysis by product type, application, and region.

The report includes PHO and non-PHO based oils and fats market company profiles and the revenue generated by the companies across Americas, South East Asia, Eastern Mediterranean, Western Pacific, Africa and Europe. On the basis of product type, the PHO and non-PHO based oils and fats market is segmented as partially hydrogenated oils and non-partially hydrogenated oils. In terms of volume, non-partially hydrogenated oils constitute a significant share in the PHO and non-PHO based oils and fats market. On the basis of application, the market is segmented into industrial, commercial and household.

XploreMR determined the volume consumption of PHO and non-PHO based oils and fats across various regions including the Americas, South East Asia, Eastern Mediterranean, Western Pacific, Africa and Europe. Forecasting is done through an internal proprietary model using different macroeconomic, industry-based demand driving factors impacting the market and its forecast trends by identifying and allocating a weighted score to forecast factors that influence the demand for PHO and non-PHO based oils and fats. These factors were the representative of an entire value chain, as well as the macroeconomic indicators such as regulatory scenario and their impact, production, import, and export scenario, per capita consumption and agri-produce scenario have been taken into consideration to arrive at the volume consumption of PHO and non-PHO based oils and fats in respective countries.

For the estimation of market size, consumption of various oils was calculated considering the local production, export, and import for each country. This was followed by analyzing the overall share of PHO and non-PHO based oils and fats in the oils and fats market. The data validation was done by identifying the production capacity of key players in each region. Product pricing has been collected at the manufacturer node to arrive at the market size for PHO and non-PHO based oils and fats. In addition, margarine and shortening have also been analyzed in the report but excluded from market estimations as they are produced from oils and animal fats, which is likely to lead to an overlap in the estimations for PHO and non-PHO oils.

Weighted average selling price for PHO and non-PHO based oils and fats was considered to estimate the market size for top PHO and non-PHO based oils and fats consuming countries. These prices were captured in their respective countries and then converted into USD to offer forecasts in one consistent currency standard.

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Given the characteristics of the market, XploreMR triangulated the data based on the supply side, demand side, and dynamics of the global PHO and non-PHO based oils and fats market. To develop the global PHO and non-PHO based oils and fats market forecast, XploreMR analyzed various factors to understand their respective impact on the target market. However, quantifying the market across the abovementioned segments is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

Global PHO and Non-PHO based Oils and Fats Market – By Product Type

  • Partially Hydrogenated Oils
    • Palm Oil
    • Soy Oil
    • Groundnut Oil
    • Coconut Oil
    • Rapeseed Oil
    • Sunflower Oil
    • Cottonseed Oil
  • Non-Partially Hydrogenated Oils
    • Palm Oil
    • Soy Oil
    • Groundnut Oil
    • Coconut Oil
    • Rapeseed Oil
    • Sunflower Oil
    • Cottonseed Oil
    • Olive Oil

 Global PHO and Non-PHO based Oils and Fats Market – By Application

  • Industrial
    • Food and Beverages Industry
      • Bakery
      • Dairy and Ice cream
      • Chocolate & Confectionery
      • Bread and Cereals
      • Others
    • Personal Care and Cosmetics
    • Others
  • Commercial (Hotel/Restaurant/Café), (HoReCa)
  • Household

Global PHO and Non-PHO based Oils and Fats Market – By Region

  • Americas
  • South East Asia
  • Eastern Mediterranean
  • Western Pacific
  • Africa
  • Europe

It is imperative to note that in an ever-fluctuating economy, we not only provide forecasts in terms of CAGR but also analyze on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand predictability of the market and identify the right opportunities.

Another key feature of this report is an analysis of the global PHO and non-PHO based oils and fats market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global PHO and non-PHO based oils and fats market.

To understand key segments in terms of their growth and performance in the global PHO and non-PHO based oils and fats market, XploreMR has also presented a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global PHO and non-PHO based oils and fats market.

The report provides detailed competitive and company profiles of key participants operating in the global PHO and non-PHO based oils and fats market. PHO and non-PHO based oils and fats key players include Bunge Ltd., Archer-Daniels Midland Co., AAK AB, Ventura Foods, Apical Group Ltd., Adams Group., Cargill, Incorporated, Wilmar International Limited, Puratos Group NV, INTERCONTINENTAL SPECIALTY FATS SDN. BHD, IFFCO Group., 3F Industries Limited, Musim Mas Holdings, Oleo-Fats Inc., De Wit Specialty Oils, IOI Corporation Berhad, Liberty Oil Mills Ltd., Fuji Oil Holdings Inc., Mewah International Inc., Corbion N.V. and others.

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