Europe Fats and Oil Market

Europe Fats and Oil Market by Types (Fats [Lard, Tallow, and Butter], Specialty Fats [Cocoa Butter Replacer, Cocoa Butter Substitutes, Cocoa Butter Equivalents, Cocoa Butter Improver, Milk Fat Replacer, and Other Specialty Fats], and Oils [Sunflower Seed Oil, Olive Oil, Palm Oil, Rapeseed Oil, Cotton Oil, Cotton Seed Oil, Soybean Oil, and Other Oils]), Applications (Food [Dairy Products, Bakery, Confectionary, and Other Foods], Industrial, and Animal Feed), and Geography (United Kingdom, France, Spain, Italy, Germany, Russia, and Rest of Europe) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-769
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 160
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The Europe fats and oil market size was valued at USD 18.89 billion in 2020 and, expanding at a CAGR of 3.35% during the forecast period, 2021–2028. The growth of the market is attributed to technological advancement and innovation in the manufacturing process of fats and oil.

Europe Fats and Oil Market Key Takeaways

Fats and oils are the main part of a healthy diet. These are the organic substances. Fats are esters of glycerol with three fatty acids that are saturated, monosaturated, and polysaturated which gives functionality to fats such as nutritional characteristics, crystallization characteristics

There are different requirements for different food products like bakery products require moderate amount of fat, frying oils need to have oxidative stability, ice-creams need to base on fat which is at 0°C, and chocolate need to be based on cocoa butter. Manufacturers are focused on making healthier products. Oils such as coconut oil and soybean oil are favorable for health as it reduces the risk of heart diseases. . Saturated fatty acid increases the cholesterol level in the body whereas monosaturated and polysaturated fatty acids lower the cholesterol level.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising consumption of fats and oils in household and food products are projected to drive the market during the forecast period.
  • Increasing awareness about health diseases such as heart diseases and cholesterol is changing the consumption pattern of people.
  • Rapid growth of the bakery and confectionary industry is major factors fueling the market expansion in the coming years.
  • High cost of raw material makes difficult for small and new players to enter in the market which is anticipated to restrict the market expansion.
  • Increasing awareness about negative health effects of fats and oils act as main challenges that can hamper the market growth in the coming years.
  • Rising awareness about the environmental friendly products has fueled the market for organic and personal care products are expected to offer significant opportunities for the market players.

Scope of the Report

The report on the Europe fats and oil market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Fats and Oil Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Fats [Lard, Tallow, and Butter], Specialty Fats [Cocoa Butter Replacer, Cocoa Butter Substitutes, Cocoa Butter Equivalents, Cocoa Butter Improver, Milk Fat Replacer, and Other Specialty Fats], and Oils [Sunflower Seed Oil, Olive Oil, Palm Oil, Rapeseed Oil, Cotton Oil, Cotton Seed Oil, Soybean Oil, and Others Oils]), Applications (Food [Dairy Products, Bakery, Confectionary, and Other Foods], Industrial, and Animal Feed)

Regional Scope

United Kingdom, France, Spain, Italy, Germany, Russia, and Rest of Europe.

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cargill Inc., Archer Daniels Midland Company, Unilever PLC, Bunge Limited, International Foodstuff Company Limited, Associated British Foods Plc., and ConAgra Foods Inc.

Market Segment Insights:

The cocoa butter equivalents fat and coconut oil segment is projected to account for a large market share
Based on types, the Europe fats and oil market is divided into fats, specialty fats and oils. The fats segment is sub segregated into lard, tallow, and butter. The specialty fats segment is subcategorized as cocoa butter replacer, cocoa butter substitutes, cocoa butter equivalents, cocoa butter improver, milk fat replacer, and other specialty fats. The oils segment is classified as sunflower seed oil, olive oil, palm oil, rapeseed oil, cotton oil, cotton seed oil, soybean oil, and other oils.

The cocoa butter fat type is expected to constitute a key share of the market during the forecast period owing to usage of cocoa butter equivalent fat in manufacturing of confectionery products and compound coatings used in bakery. Growth in the demand for cocoa butter is expected to expand by 10% during the forecast period due to its sustainability, flexibility, and reduced cost. The coconut oil is expected to represent a key share of the Europe fats and oil market in the coming years due to its health benefits as it does not contain trans-fatty acids compared to other oils. High level of Lauric acid present in the coconut oil which is not found in other oils has increased the demand for coconut oil in Europe.

Europe Fats and Oil Market By Types

The bakery food segment is projected to hold a major market share
On the basis of applications, the Europe fats and oil market is segregated into Food, Industrial, and Animal Feed. The food segment is classified as dairy products, bakery, confectionary, and other foods. The bakery food is expected to account for a key share of the market during the forecast period owing to rising demand for the bakery fats in the bakery food industry. Many consumers are using different fats for bakery and confectionary products. However, many industries like biodiesel and chemical sectors are anticipated to expand at a rapid pace during the forecast period due to rising demand for palm oil in these industries.

Europe Fats and Oil Market By Applications

The market in Europe is anticipated to expand at a substantial CAGR
On the basis of region, the Europe fats and oil market is categorized as United Kingdom, France, Spain, Italy, Germany, Russia, and Rest of Europe. Europe is the second largest market of fats and oil. The Europe market of fats and oil is rising due to high standard of living, rising demand of animal products, and increasing demand for healthy and processed foods. Industries are focusing on developing healthy food products.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fats and Oil Market Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Fats and Oil Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Fats and Oil Market Market - Supply Chain
  4.5. Global Fats and Oil Market Market Forecast
     4.5.1. Fats and Oil Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Fats and Oil Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Fats and Oil Market Market Absolute $ Opportunity
5. Global Fats and Oil Market Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Fats and Oil Market Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Fats and Oil Market Demand Share Forecast, 2019-2026
6. North America Fats and Oil Market Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Fats and Oil Market Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Fats and Oil Market Demand Share Forecast, 2019-2026
7. Latin America Fats and Oil Market Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Fats and Oil Market Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Fats and Oil Market Demand Share Forecast, 2019-2026
8. Europe Fats and Oil Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Fats and Oil Market Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Fats and Oil Market Demand Share Forecast, 2019-2026
9. Asia Pacific Fats and Oil Market Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Fats and Oil Market Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Fats and Oil Market Demand Share Forecast, 2019-2026
10. Middle East & Africa Fats and Oil Market Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Fats and Oil Market Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Fats and Oil Market Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Fats and Oil Market Market: Market Share Analysis
  11.2. Fats and Oil Market Distributors and Customers
  11.3. Fats and Oil Market Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cargill Inc.
     11.4.2. Archer Daniels Midland Company
     11.4.3. Unilever PLC
     11.4.4. Bunge Limited
     11.4.5. International Foodstuff Company Limited
     11.4.6. Associated British Foods Plc.
     11.4.7. ConAgra Foods Inc.
Segments Covered in the Report
The Europe Fats and Oil Market has been segmented on the basis of

Types
  • Fats
    • Lard
    • Tallow
    • Butter
  • Specialty Fats
    • Cocoa Butter Replacer
    • Cocoa Butter Substitutes
    • Cocoa Butter Equivalents
    • Cocoa Butter Improver
    • Milk Fat Replacer
    • Other Specialty Fats
  • Oils
    • Sunflower Seed Oil
    • Olive Oil
    • Palm Oil
    • Rapeseed Oil
    • Cotton Oil
    • Cotton Seed Oil
    • Soybean Oil
    • Others Oils
Applications
  • Food
    • Dairy Products
    • Bakery
    • Confectionary
    • Other Foods
  • Industrial
  • Animal Feed
Region
  • United Kingdom
  • France
  • Spain
  • Italy
  • Germany
  • Russia
  • Rest of Europe
Key Players
  • Cargill Inc.
  • Archer Daniels Midland Company
  • Unilever PLC
  • Bunge Limited
  • International Foodstuff Company Limited
  • Associated British Foods Plc.
  • ConAgra Foods Inc.

Key players competing in the Europe fats and oil market are Cargill Inc., Archer Daniels Midland Company, Unilever PLC, Bunge Limited, International Foodstuff Company Limited, Associated British Foods Plc., and ConAgra Foods Inc.

Europe Fats and Oil Market By Key Players

 

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