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The specialty fats market is projected to reach USD 3.66 billion by 2023, growing at a CAGR of 9.4%. The specialty oils market is projected to reach USD 21.19 billion by 2023, growing at a CAGR of 6.3%. The report gives wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them.
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Summary • The markets for specialty fats and oils are projected to grow at CAGRs of 9.4% & 6.3%, respectively • The specialty fats market was valued at USD 2.13 billion in 2017, and is projected to reach USD 3.66 billion by 2023, growing at a CAGR of 9.4%. • The specialty oils market was valued at USD 14.67 billion in 2017, and is projected to reach USD 21.19 billion by 2023, growing at a CAGR of 6.3%. • The market is primarily driven by factors such as the increasing gap between cocoa butter demand & supply. • Another growth factor can be the increase in the consumption of confectionery and processed foods.
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Segmentation • BY APPLICATION • CHOCOLATES & CONFECTIONERIES • BAKERY PRODUCTS • PROCESSED FOODS • DAIRY PRODUCTS • SPECIALTY FATS • SPECIALTY OILS • BY APPLICATION • BY FUNCTIONALITY • DRY • LIQUID • MOLDING • FILLING • COATING • STABILIZING • TEXTURING • HEALTH • BY TYPE
Key Players • Cargill (US) • Wilmar International (Singapore) • Bunge (US) • AAK AB (Sweden) • IOI Group (Malaysia) • Manildra (Australia) • D&L Industries (Philippines) • Fuji Oil (Japan) • Musim Mas (Singapore) • Mewah International (Singapore) • IFFCO (UAE) • The Nisshin Oillio Group (Japan)
Regions NORTH AMERICA EUROPE APAC SOUTH AMERICA MIDDLE EAST & AFRICA
Table of Contents • Introduction • Research Methodology • Executive Summary • Premium Insights • Market Overview • Industry Trends • Specialty Fats & Oils Market, By Type • Specialty Fats & Oils Market, By Application • Specialty Fats & Oils Market, By Form • Specialty Fats & Oils Market, By Functionality • Brand Overview • Specialty Fats & Oils Market, By Region • Competitive Landscape • Company Profiles • Appendix
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