Asia-Pacific Edible Oil Market is expected to grow with the CAGR of 7.7% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Asia-Pacific edible oil market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.
The major players dealing in Asia-Pacific edible oil market are introducing strong range of product portfolio. This helped the company to maximize the sales with enhanced product portfolio.
Adani Group is dominating players in the edible oil market, the other key players existing in the market are Bunge North America, Inc. (Bunge Limited)., SOVENA, Hebany Group, Ruchi Soya Industries Ltd., ADM, Olympic Oils Ltd., NGO CHEW HONG EDIBLE OIL PTE LTD (a subsidiary of Mewah Group), AJANTA SOYA LIMITED, and Cargill, Incorporated among others.
Adani Group headquartered in Gujarat, India and was founded in 1998. The company focuses on becoming a leader in business that enrich lives and contribute to nations in building infrastructure through sustainable value creation. The company offers its product in several business categories such as renewable power generation, solar manufacturing, ports and terminals, logistics, agri logistics, industrial land, power transmission, power distribution, gas distribution, defence and aerospace, edible oil and food products, fruits, real estate, financial services, housing finance, airports, water, road, metro and rail, data center, thermal power generation and natural resources among which edible oil and food products is the market focused category. The company has presence in India, Australia, and Indonesia.
Bunge North America, Inc. (Bunge Limited)
Bunge North America, Inc. (Bunge Limited) headquartered in Missouri, U.S. founded in 1923. The company focuses on growing its business by expanding into refining edible oils, oilseed processing, milling corn, rice and wheat and others. The business segments of the company include agribusiness, edible oil products, milling products, sugar & bioenergy and fertilizer. The company has product categories such as Ag commodities, food and ingredients, animal feed ingredients, Mexico brands, bioenergy and industrial products and services among which Ag commodities is focused category. The company has various subsidiaries such as Bunge Milling, Inc. (U.S.), Bunge Oils, Inc. (U.S.), Bunge Oilseed Processing (U.S.), Minsa Corporation (U.S.) and Whole Harvest Foods, LLC (U.S.) among other. The company has its presence in North America, Asia-Pacific.
Ruchi Soya Industries Ltd.
Ruchi Soya Industries Ltd., headquartered in Madhya Pradesh, India, founded in 1986. The company focuses on the manufacturing and marketing of healthier edible oils, soya food Vanaspati and bakery fats and premium table spread. The company deals in product categories such as cooking oils, nutritional soya foods, vanaspati and bakery fats out of which cooking oils is market focussed category. The company has its presence in India.
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