Global Nut Oil Market is forecasted to grow at 7.5% with factor such as increasing demand in food and beverages and cosmetic industry.
Nut oil market has shown an exceptional penetration in countries such as China, Germany and the U.S. Growing usage of nut oil is increasing the penetration in developed countries. In developing countries, increasing demand in cosmetic product in rural areas and growing demand in food industry will create opportunities for the nut oil market.
Nut oil Market Scenario
According to Data Bridge Market Research the market for nut oil in the Asia-Pacific region has the highest market share followed by North America and Europe. Market leader are Ventura Foods which accounts an estimated market share of approximately 35% to 38% in the Asia- Pacific. The company has gained outstanding sale through their wide range of nut oils due to surging growth in cosmetic industry in the world.
For instance,
- In October 2020, Cargill Incorporated acquired a leading beauty ingredient supplier Floratech with this acquisition, Cargill Incorporated will get raw materials easily for the manufacturing of innovative natural products. This will make Cargill Incorporated to grow in the beauty business segment that will help Cargill Incorporated grow its revenue.
Trends Impacting the Market
Now the question is which other regions Ventura Foods, Cargill, Incorporated and Proteco are targeting? Data Bridge Market Research has forecasted a large growth in Europe nut oil market and the market leaders targeting U.K. and Germany to be their next revenue pockets for 2021.
The nut oil market is becoming more competitive every year with companies such as Ventura Foods, Cargill, Incorporated and Proteco as they are the market leaders for nut oil. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the nut oil market.
For more analysis on the nut oil market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-nut-oil-market
Nut oil Market Development
- In December 2020, Cargill Incorporated had undergone a collaboration with FP Energies nouvelles (IFPEN) and Axens in order to have development in in bio-based acrylic acid. The collaboration will help Cargill Incorporated to expertise in the manufacturing field of catalyst along with bioprocess development. This will increase the revenue and sales of Cargill Incorporated.
Scope of the Nut Oil Market
Global nut oil market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Denmark, Sweden, Poland, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, New Zealand, Vietnam, Rest of Asia-Pacific, Brazil, Colombia, Peru, Rest of South America, South Africa, Ethiopia, Saudi Arabia, UAE, Qatar, Kuwait, Rest of Middle East and Africa.
- All country based analysis of nut oil market is further analysed based on further segmentation. On the basis of category, the market is segmented into organic and conventional. On the basis of product type, the market is segmented into almond oil, brazil nut oil, cashews oil, chestnuts oil, filberts oil, hazelnut oil, hickory nuts oil, macadamia oil, pecan oil, pine nut oil, pistachio oil, walnut oil, peanut oil, argan oil, marula oil, mongongo oil and others. On the basis of end use, the market is segmented into food processing industries, personal care & cosmetic industries, direct consumption, aromatherapy, paints & varnishes and others. On the basis of distribution channel, the market is segmented into direct and indirect.
To know more about the study https://www.databridgemarketresearch.com/reports/global-nut-oil-market
Key Pointers Covered in Nut Oil Market Industry Trends and Forecast to 2025
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
- Value Chain Analysis
Key Market Competitors Covered in the Report
- FUJI OIL CO., LTD.
- Henry Lamotte Oils GmbH
- Gustav Heess Oleochemische Erzeugnisse GmbH
- Natural Oils International Inc.
- Granary Oil Company
- Carapelli Firenze SpA
- Cargill, Incorporated.
- Ventura Foods (A Subsidiary of CHS Inc.)
- Mazola
- Sanabio Gmbh
- Proteco
- Natural Sourcing, LLC
- Austrade Inc.
- Caloy Company, LP
- Wilmar International Ltd
- Fairtrade International
- OLVEA
- ADM
- Bunge Limited
- Richardson International Limited
Above are the key players covered in the report, to know about more and exhaustive list of nut oil companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-nut-oil-market
Research Methodology: Global Nut Oil Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted 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, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Food Processing Industries, Personal Care & Cosmetic Industries, Aromatherapy
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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