Global Interesterified Fats Market, By Interesterification Process (Chemical, Enzymatic), Source (Soybean Oil, Palm Oil, Groundnut Oil, Coconut Oil, Rapeseed Oil, Sunflower Oil, Cottonseed Oil, Other Vegetable Oils), End Use (Food Processing, Food Service, Bakery and Confectionary, Other Applications), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Interesterified Fats Market
Interesterified fats market is expected to grow at a rate of 6.40% in the forecast period of 2021 to 2028. Increasing number of applications in the chocolate industry which will likely to act as a factor for the interesterified fats market in the forecast period of 2021- 2028.
Interesterified (IE) fats are one of a variety of alternatives that have been introduced to reformulate products to eliminate fats produced during partial hydrogenation containing trans fatty acids that are known to be harmful to cardiovascular health. The use of IE fats can also minimise the content of saturated fatty acids (SFA) in the final product while retaining sufficient physical properties.
Increasing preferences among the consumers regarding the consumption of low fat dairy products, rising demand of the chocolate across the globe, increasing number of regulatory support leading to increased adoption of the product, introduction of products positioned with health benefits, rising consumer awareness regarding the benefits of trans fat are some of the major as well as important factors which will likely to augment the growth of the interesterified fats market in the projected timeframe of 2021-2028. On the other hand, estimated surge in end use industry performance, significant gains expected for enzymatic interesterified fats, easy availability of the raw material which will further contribute by generating massive opportunities that will lead to the growth of the interesterified fats market in the above mentioned projected timeframe.
Increasing number of health issues with the use of interesterified fats along with lower shelf life as compared to saturated fatty acids which will likely to act as market restraints factor for the growth of the interesterified fats in the above mentioned projected timeframe. Emergence of substitutes like other partially hydrogenated oils which will become the biggest and foremost challenge for the growth of the market.
This interesterified fats market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on interesterified fats market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Interesterified Fats Market Scope and Market Size
Interesterified fats market is segmented on the basis of source, interesterification process, and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the interesterified fats market is segmented into soybean oil, palm oil, groundnut oil, coconut oil, rapeseed oil, sunflower oil, cottonseed oil, and other vegetable oils.
- Based on interesterification process, the interesterified fats market is segmented into chemical, and enzymatic. Enzymatic segment will hold the largest market share in the growth of the market.
- The interesterified fats market is also segmented on the basis of end use. The end use is segmented into food processing, food service, bakery and confectionary, and other applications. Food processing segment will hold the largest market share in the growth of the market as the food processing companies have lower requirement of interesterified fats per unit of finished products.
Interesterified Fats Market Country Level Analysis
Interesterified fats market is analyses and market size, volume information is provided by country by source, interesterified fats, and end use as referenced above.
The countries covered in the interesterified fats market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Europe dominates the interesterified fats market due to the imposition of stringent regulations laid by European commission along with the adoption of the interesterified fats in the region while Asia-Pacific region will expect to grow in the forecast period 2021 to 2028 because of the easy availability of raw material along with changes in regulations to limit the amount of fats in processed foods.
The country section of the interesterified fats market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Interesterified Fats Market Share Analysis
Interesterified fats market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to interesterified fats market.
The major players covered in the interesterified fats report are Cargill, Incorporated.; Bunge North America, Inc.; Wilmar International Ltd; FUJI OIL HOLDINGS INC.; ADM; INTERCONTINENTAL SPECIALTY FATS SDN. BHD.; Liberty.; Novozymes; Oleo-Fats, Incorporated; Mewah Group.; Oleofinos; AAK KAMANI Pvt. Ltd.; Willowton Group; Yentop; Adams Group; 3F GROUP; De Wit Speciality Oils; IOI Corporation Berhad; Glamptech Agro Process Pvt. Ltd.; ALFA LAVAL; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.