Report Description
The South America fats and oils market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4.59% during 2023–2031. The growth of the market is attributed to the buyers inclined toward natural products.
Fats and oils are the main part of a healthy diet. These are the natural substances. Fats are esters of glycerol with three unsaturated fats that are soaked, monosaturated, and polysaturated
There are various prerequisites for various food items like bread shop items require moderate measure of fat, broiling oils need to have oxidative dependability, frozen yogurts need to base on fat which is at 0°C, and chocolate should be founded on cocoa spread.
Manufacturers are centered on making better items. Coconut oil and soybean oil are great for wellbeing as it reduces the danger of heart illnesses. . Soaked unsaturated fat builds the cholesterol level in the body while monosaturated and polysaturated fats reduces the cholesterol level.
Oils market in South America enrolled a negative CAGR of - 2.78% during the period 2012 to 2017 with a business worth of USD 5,570.32 Million out of 2017, an expansion of 13.30% more than 2016. The market accomplished its most grounded execution in 2017, when it developed by 13.30% over its earlier year and its most vulnerable presentation in 2015, when it fell by - 20.03% more than 2014.
Market Trends, Drivers, Restraints, and Opportunities
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Growing demand of omega-3 fatty acids is projected to boost the market during the forecast period.
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Rapid growth of the oils and fats market is fueled by the development of the HoReCa sector.
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Increasing per capita income and changing consumer lifestyle are the major factors boosting the market.
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Rapid growth of the bakery and confectionary industry is the major factor fueling the market.
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Rising awareness and high risk of health issues such as obesity and cardiovascular problems are expected to hamper the market growth.
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Government laws for food handling and expanding natural concern act as major factors that can hamper the market growth during the forecast period.
Scope of South America Fats and Oils Market Report
The report on the South America fats and oils market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Fats and oils Market - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Fats [Butter, Tallow, and Lard], Specialty Fats [Cocoa Butter Equivalents, Cocoa Butter Replacers, Cocoa Butter Substitutes, Cocoa Butter Improver, Milk Fat Replacer, and Other Specialty Fats], and Oils [Soybean Oil, Sunflower seed Oil, Palm Oil, Coconut Oil, Olive Oil, and Other Oils]), Applications (Food [Confectionery, Bakery products, Dairy products, and Other foods], Industrial, and Animal Feed)
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Geography
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Brazil, Colombia, Venezuela, and rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Cargill. Inc., Bunge Limited, Olam International Limited, and Fuji Oil Holdings Inc.
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South America Fats and Oils Market Segment Insights
The palm oil segment is projected to represent a major market share
Based on types, the South America fats and oils market is fragmented into fats, specialty fats, and oils. The fats segment is further segregated into butter, tallow, and lard The specialty Fats segment is sub-segmented into cocoa butter equivalents, cocoa butter replacers, cocoa butter substitutes, cocoa butter improver, milk fat replacer, and other specialty fats and the oils segment is further sub-segmented into soybean oil, sunflower seed oil, palm oil, coconut oil, olive oil, and other oils.
The palm oil segment is expected to hold a key share of the market during the forecast period. For example, Colombia and Ecuador are inclined towards feasible palm oil creation as palm oil holds the major share of South America market. Since palm oil is widely used around several manufacturers are concentrated on growing their business and engage in the abroad exchange of palm oil.
The oil segment is anticipated to expand at a rapid pace during the forecast period due to the increase in demand for oils in cosmetic industry and developments in makeup applications and the main single corrective utilization of an unmodified characteristic fat or oil is that of castor oil as the base for lipsticks. Other unmodified oils have generally minor forte uses, especially in more costly beautifiers.
The bakery products segment is expected to hold a major market share
Based on applications, the South America fats and oils market is segregated into food, industrial and animal feed. The food segment is further segmented into confectionery, bakery products, dairy products, and other foods. The bakery products segment is expected to grow at a rapid pace owing to the rising interest for the pastry shops.
Numerous shoppers are utilizing various fats for bread kitchen and confectionary items. However, several ventures like biodiesel are expected to grow at a substantial rate during the forecast period due to rising interest for palm oil.
The market in South America is anticipated to dominate the market
On the basis of geography, the South America fats and oils market is categorized as Brazil, Colombia, Venezuela, and rest of South America. The market of South America is anticipated to dominate the market during the forecast period. Growth of the oil and fats market can be attributed to exclusive requirement of living, rising interest of animal food products, and expanding interest for healthy and processed food.
Segments
The South America fats and oils market has been segmented on the basis of
Types
- Fats
- Specialty Fats
- Cocoa Butter Replacers
- Cocoa Butter Improver
- Milk Fat Replacer
- Cocoa Butter Substitutes
- Cocoa Butter Equivalents
- Other Specialty Fats
- Oils
- Sunflower seed Oil
- Coconut Oil
- Olive Oil
- Palm Oil
- Soybean Oil
- Other Oils
Applications
- Foods
- Confectionery
- Bakery products
- Dairy products
- Other foods
- Industries
- Animal Feed
Geography
- Brazil
- Colombia
- Venezuela
- Rest of Latin America
Key Players
- Cargill. Inc.
- Bunge Limited
- Olam International Limited
- Fuji Oil Holdings Inc.
Competitive Landscape
Key players competing in the fats and oils market include Cargill. Inc., Bunge Limited, Olam International Limited, and Fuji Oil Holdings Inc.
Companies are engaging in mergers, acquisitions and partnerships to extend their market share. Moreover they are focusing on expanding their product portfolio to leverage their market position.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. America Fats and Oils 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. America Fats and Oils Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. America Fats and Oils Market - Supply Chain
4.5. Global America Fats and Oils Market Forecast
4.5.1. America Fats and Oils Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. America Fats and Oils Market Size (000’ Units) and Y-o-Y Growth
4.5.3. America Fats and Oils Market Absolute $ Opportunity
5. Global America Fats and Oils Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. America Fats and Oils Market Size and Volume Forecast by Types
5.3.1. Fats
Specialty Fats
Oils
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global America Fats and Oils Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. America Fats and Oils Market Size and Volume Forecast by Applications
6.3.1.
Foods
Industries
Animal Feed
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global America Fats and Oils Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. America Fats and Oils Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global America Fats and Oils Demand Share Forecast, 2019-2026
8. North America America Fats and Oils 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
8.2. North America America Fats and Oils Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America America Fats and Oils Market Size and Volume Forecast by Types
8.4.1. Fats
Specialty Fats
Oils
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America America Fats and Oils Market Size and Volume Forecast by Applications
8.7.1.
Foods
Industries
Animal Feed
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America America Fats and Oils Demand Share Forecast, 2019-2026
9. Latin America America Fats and Oils 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. Latin America Average Pricing Analysis
9.2. Latin America America Fats and Oils Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America America Fats and Oils Market Size and Volume Forecast by Types
9.4.1. Fats
Specialty Fats
Oils
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America America Fats and Oils Market Size and Volume Forecast by Applications
9.7.1.
Foods
Industries
Animal Feed
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America America Fats and Oils Demand Share Forecast, 2019-2026
10. Europe America Fats and Oils 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. Europe Average Pricing Analysis
10.2. Europe America Fats and Oils Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe America Fats and Oils Market Size and Volume Forecast by Types
10.4.1. Fats
Specialty Fats
Oils
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe America Fats and Oils Market Size and Volume Forecast by Applications
10.7.1.
Foods
Industries
Animal Feed
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe America Fats and Oils Demand Share Forecast, 2019-2026
11. Asia Pacific America Fats and Oils Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific America Fats and Oils Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific America Fats and Oils Market Size and Volume Forecast by Types
11.4.1. Fats
Specialty Fats
Oils
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific America Fats and Oils Market Size and Volume Forecast by Applications
11.7.1.
Foods
Industries
Animal Feed
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific America Fats and Oils Demand Share Forecast, 2019-2026
12. Middle East & Africa America Fats and Oils Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa America Fats and Oils Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa America Fats and Oils Market Size and Volume Forecast by Types
12.4.1. Fats
Specialty Fats
Oils
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa America Fats and Oils Market Size and Volume Forecast by Applications
12.7.1.
Foods
Industries
Animal Feed
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa America Fats and Oils Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global America Fats and Oils Market: Market Share Analysis
13.2. America Fats and Oils Distributors and Customers
13.3. America Fats and Oils Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Cargill. Inc.
Bunge Limited
Olam International Limited
Fuji Oil Holdings Inc.