Zion Market Research

Global Vegetable Oil Market - Emerge as Major Product Type Segment by 2024

Vegetable Oil Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

 

Deerfield Beach, FL -- (SBWIRE) -- 09/05/2017 -- Global Vegetable Oil Market: Overview

Vegetable oil is extracted from plants in the form of triglycerides; it is in the liquid state at room temperature. It is also available in the solid state at room temperature which is known as vegetable fats. Mainly oil is extracted from oil seeds but it can be extracted from plant or vegetable parts as well. It is not edible in nature but can be used in various industrial applications that include paints & lubricants, pharmaceuticals, cosmetics, and others.

Global Vegetable Oil Market: Growth Factors

Vegetable oil is largely used in the food industry; it provides a trans-fat free alternative. The vegetable oils are used in the fuel industry as feedstock in order to produce biofuel which is the major factor that is influencing the vegetable oil market. Palm oil is the best alternative for trans-fat for the cooking purpose thus giving rise to the market growth. Increasing health concerns and major benefits that are offered by the vegetable oils is the key driver that is triggering the overall market growth. Huge capital investment is required for the production processes of vegetable oil and the unstable prices of the vegetable oil may hinder the vegetable oil market to some extent.

Request Free Sample Report @  https://www.zionmarketresearch.com/sample/vegetable-oil-market

Global Vegetable Oil Market: Segmentation

The segmentation of the vegetable oil market includes its application, type, and extraction method. The application segment of the market is divided into biodiesel feedstock, food, and industrial. The food segment is further sub-segmented into salads and cooking oils, baking and frying processes, fatty ingredients, processed and frozen foods, margarine, and other spreads. The industrial segment is sub-segmented into lubricants, pharmaceuticals, paints, cosmetics, and others. Based on type segment, the market is segregated into palm kernel oil, sunflower oil, soybean oil, minor vegetable oil, rapeseed (canola) oil, and palm oil. The palm oil is the dominating segment among others. The extraction method segment is fragmented into sparging, solvent extraction, mechanical extraction, and hydrogenation.

Global Vegetable Oil Market: Regional Analysis

Region-wise, the vegetable oil market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Major revenue share of the market is obtained due to the rapid urbanization and accelerating convenience food sector in the Asia Pacific region.

Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/vegetable-oil-market

This may lead to increase in demand for the kernel and palm oil thus fueling the growth of the market. Increasing consumption of vegetable oils and growing awareness about biofuel and convenience foods in the Asian subcontinent region is expected to drive the market in the near future. North America also has a good contribution to the food and food service industry that may trigger continued demand for vegetable oil.

Global Vegetable Oil Market: Competitive Players

Major market players operating in the global vegetable oil market include Chinatex Corporation, Archer Daniel Midland Company, Bunge North America Inc., ACH Foods Company Inc, and Cargill Agricola S.A. Other influencing players include Carapelli Firenze S.P.A, ConAgra Foods Inc., Richardson Oilseed Ltd., J-Oil Mills Inc., and CHS Inc.

Browse detail report @ https://www.zionmarketresearch.com/report/vegetable-oil-market

About Zion Market Research 
Zion Market Research is an obligate company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.com
Visit Our Blog: https://zionmarketresearch.wordpress.com/