Cooking Oils and Fats Market Size, Share | Opportunities

1. Cooking Oils and Fats Market Expected to Reach $104,660.2Million by 2031 | CAGR 4.5% Global Opportunity Analysis and Industry Forecast 2022–2031

2. Cooking Oils and FatsMarket Overview, 2031 The global cooking oils and fats market size was valued at $63,342.0 million in 2020, and is projected to reach $104,660.2 million by 2031, registering a CAGR of 4.5% from 2022 to 2031. • Cooking oils and fats are primarily composed of polyunsaturated, saturated, and monounsaturated fatty acids, which are the fundamental components of every individual's normal diet. Oils and fats are the primary sources of essential fatty acids and are calorie-dense macronutrients.They are good transporters of fat-soluble vitamins A, D, E, and K. Oils and fats are important in the baking and confectionery industries. • Increase inrelevance of vegetable oil as a crucial element in lowering the risk of cardiovascular disease and breast cancer is expected to function as a positive factor for the growth of the global cooking oils & fats market. Another key element driving the growth of the global cooking oils and fats market is the growing awareness of fat and oil fortification. In addition, increase in demand in confectionery & bakery, processed & ready-to-eat foods, and the expansion of hotels, cafés (HORECA), & restaurants is expected to have a significant influence on the global cooking oils and fats market opportunities for growth. Download Free Sample Report:

3. COVID-19 impact analysis • The COVID-19 outbreak has disrupted food & beverage supply chain all across the globe. Furthermore, the impact of pandemic on society and the economy has been witnessed as a result of lockdowns across the globe. Labor mobility restrictions, travel bans, airline suspensions, and most importantly, a slowdown in the economy has affected the sustainability of supply chains of food & beverage industry all across the globe. • Consumers' consumption habits have been changed by their perception of the risk associated with COVID-19. To reduce the risk of infection, consumers used delivery services to buy groceries and food products. Furthermore, fear of potential food ingredient shortages has fueled the hoarding trend in consumers. • The unavailability of raw materials has raised new concerns for market players.

4. Key Market Players • According to the global cooking oils and fats market, the market players have adopted various developmental strategies to expand their cooking oils and fats market share, increase profitability, and remain competitive in the market. The key players profiled in this report include: • Ajinomoto Co. Inc., • Archer-Daniels-Midland Company, • Associated British Foods Plc., • Bunge Ltd., • Cargill Incorporated, • CHS Inc., • Conagra Brands, Inc., • Fuji Oil Holdings Inc., • Ghananuts Company Limited • Wilmar International Ltd

5. Key Findings Of The Study   • On the basis of cooking oils and fats market analysis for region, Asia-Pacific accounted for the largest revenue share of the global market, registering a significant CAGR from 2022 to 2031, followed by North America. • On the basis of cooking oils and fats market trends in 2021, the hypermarkets/supermarkets distribution channel segment accounted for approximately 38% share, in terms of value, and is expected to grow at the highest CAGR of 3.8%. • North America is anticipated to grow at the highest CAGR of 5.9% from 2022 to 2031 in the cooking oils and fats market forecast period. • In 2021, the U.S. generated the highest revenue, accounting for approximately 20% share of the global market. • Brazil is anticipated to grow at a significant CAGR of 3.1% during the forecast period.

6. Key Market Segments Distribution Channel Product Type Form Liquid Solid • Vegetable and Seed Oil • Spreadable Oils &Fats • Butter • Margarine • Olive Oil • Others • Hypermarkets/Supermarkets • Convenience Stores • Online Channels • Others

7. By Region • North America • U.S. • Canada • Mexico • Europe • Germany • United Kingdom • France • Italy • Spain • Rest of Europe • Asia-Pacific • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • LAMEA • Brazil • Saudi Arabia • Argentina • South Africa • Rest of LAMEA

8. FREQUENTLY ASKED QUESTIONS? • Q1. What is the total market value of Cooking Oils and Fats report? • Q2. What is the CAGR of Cooking Oils and Fats Market? • Q3. How can I get sample report of Cooking Oils and Fats Market? • Q4. What would be forecast period in the Cooking Oils and Fats Market report? • Q5. Which are the top companies in the Cooking Oils and Fats Market? • Q6. What are the segments of Cooking Oils and Fats Market? • Q7. What are the market values / growth % of emerging countries Market? • Q8. By Region, which segment will dominate the market by the end of 2031? • Q9. What is the impact of Post COVID-19 scenario in Cooking Oils and Fats Market?

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