The Global Fortified Edible Oils Market is estimated to exhibit a CAGR of 3.70% during the forecast period of 2021-2028 and would stand tall by USD 14.71 billion by the year 2028. The rise in the product acceptance and usage is the factor responsible for the growth of fortified edible oils market.
However, the factors such as high cost of products and less consumer awareness are projected to act as a restraint towards the growth of the market.
According to Data Bridge Market Research, the fortified edible oils market will exhibit a significant rise in its market value. The growing health consciousness and the increment in cases of nutritional deficiencies, obesity, skin problems and cardiovascular diseases, is expected to heighten the overall demand for fortified edible oils. Moreover, the technology advancement, new innovative product development and the rise in the problems with vitamin A deficiency are estimated to further generate new opportunities for the fortified edible oils market.
Currently, Asia-Pacific dominates the global fortified edible oils market owing to the high amount consumption in this region.
Now the question is which are the other regions that the fortified edible oils is market is targeting? Data Bridge Market Research has estimated a large growth in North America due to the rise in the health awareness.
For more analysis on the global fortified edible oils market request for a briefing with our analysts, https://www.databridgemarketresearch.com/reports/global-fortified-edible-oil-market
The global fortified edible oils market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
All country based analysis of fortified edible oils market is further analysed based on maximum granularity into further segmentation. The market is also segmented on the basis of type into palm oil, soybean oil, sunflower oil, olive oil, corn oil, canola oil, rice bran oil and others. Based on micronutrient, the market is bifurcated into vitamin A, vitamin D, vitamin E and others. On the basis of distribution channel, the fortified edible oils market has been segmented into hypermarkets/supermarkets, B2B, e-commerce, specialty retail and others.
Edible oil fortification is basically the procedure of increasing the content of vital micronutrients in the oil to gain health benefits. All of the edible oils can be fortified and provide various health advantages and essential nutrients to the body.
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Key Market Competitors Covered in Fortified Edible Oils Market report
Above are the key players covered in the report, to know about more and exhaustive list of fortified edible oils market companies contact, https://www.databridgemarketresearch.com/toc/?dbmr=global-fortified-edible-oil-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Fortified Edible Oils Market – Industry Trends and Forecast to 2028