Specialty Fats are tailor made to imitate the many positive traits of cocoa butter or other properties to make them more suitable for specific applications.
Due to the COVID-19 pandemic, the global Specialty Fats market size is estimated to be worth US$ 39050 million in 2021 and is forecast to a readjusted size of US$ 54800 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Specialty Fats market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Specialty Fats landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Specialty Fats key players include Bunge, Cargill, Wilmar, Fuji Oil, Nisshin OilliO, etc. Global top five manufacturers hold a share over 25%. The United States is the largest market, with a share over 25%, followed by Europe and Asia-Pacific, both have a share over 60% percent.
In terms of product, Frying Oil is the largest segment, with a share over 50%. And in terms of application, the largest application is Industry, followed by Household and Restaurant.
This report focuses on Specialty Fats volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Specialty Fats market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Southeast Asia and Japan, etc.
Global Specialty Fats Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
CBE
CBS
CBR
MFR
CBI
Margarine
Shortening
Frying Oil
Spraying Oil
Segment by Application
Household
Restaurant
Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bunge
Cargill
Wilmar
Fuji Oil
Nisshin OilliO
Apical Group
AAK AB
PT SMART
Mewah Group
NMGK Group
IFFCO
Musim Mas
COFCO
Sime Darby Oils
Goodhope
Puratos
3F Industries
Hain Celestial
Liberty Oil Mills
Oleo-Fats
New Britain Oils
Due to the COVID-19 pandemic, the global Specialty Fats market size is estimated to be worth US$ 39050 million in 2021 and is forecast to a readjusted size of US$ 54800 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Specialty Fats market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Specialty Fats landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Specialty Fats key players include Bunge, Cargill, Wilmar, Fuji Oil, Nisshin OilliO, etc. Global top five manufacturers hold a share over 25%. The United States is the largest market, with a share over 25%, followed by Europe and Asia-Pacific, both have a share over 60% percent.
In terms of product, Frying Oil is the largest segment, with a share over 50%. And in terms of application, the largest application is Industry, followed by Household and Restaurant.
This report focuses on Specialty Fats volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Specialty Fats market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Southeast Asia and Japan, etc.
Global Specialty Fats Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
CBE
CBS
CBR
MFR
CBI
Margarine
Shortening
Frying Oil
Spraying Oil
Segment by Application
Household
Restaurant
Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bunge
Cargill
Wilmar
Fuji Oil
Nisshin OilliO
Apical Group
AAK AB
PT SMART
Mewah Group
NMGK Group
IFFCO
Musim Mas
COFCO
Sime Darby Oils
Goodhope
Puratos
3F Industries
Hain Celestial
Liberty Oil Mills
Oleo-Fats
New Britain Oils
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