There were 1,662 press releases posted in the last 24 hours and 414,114 in the last 365 days.

North America Fats and Oils Market to Reach up to 36.60 Million Tonnes by 2026; Advent of Natural Oils and Fats is Boosting Market, says Fortune Business Insights

Key companies covered in the North America Fats & Oils Market Research report include Associated British Foods Plc (ABF), Louis Dreyfus Company, Incobrasa Industries, Ag Processing, Inc., Cargill Incorporated, Viterra Inc., Perdue Agribusiness, Riceland Foods, Bunge North America, Archer Daniels Midland Company, and others.

Pune, July 16, 2019 (GLOBE NEWSWIRE) -- The increasing demand for processed and convenience food products in North America is boosting the regional fats and oils market, says Fortune Business Insights in their new report. The report is titled” North America Fats and Oils Market: Global Market Analysis, and Forecasts, 2019 – 2026”.

U.S. is the Largest Market for Fats & Oils and is Projected to Grow at the Highest CAGR
North America Fats & Oils Market Size


According to the report, the market is anticipated to reach 36.60 million tonnes from 25.92 million tonnes, rising at a CAGR of 4.5% within the forecast period of 2019 to 2026. The market is expected to witness faster growth on account of rising consumption of healthy oils such as olive oil, rapeseed oil, and others.


Browse Complete Report Details with Table of Content and Figures:

https://www.fortunebusinessinsights.com/industry-reports/north-america-fats-oils-market-100873


Presence of Omega-3 and Omega-6 Fatty Acids in Oils and Fats is a Key Factor Driving North America Fats and Oils Market Growth

On the basis of application, the food application segment is likely to hold more than 2/3rd share of the market. This is because of the increasing demand for fats and oils from the food and beverage industries in the region. Use of fats and oils in food applications is anticipated to rise at a steady 3.22% CAGR in the forecast duration.

On the other side, the soybean oil segment is anticipated to dominate North America fats and oils market in terms of vegetable oils, with an approximate share of 50%. This is owing to the high use of soybean oil for food as well as industrial applications. Likewise, the demand for corn oil and canola oil is also anticipated to witness decent growth in the coming years because of the presence of micronutrients such as omega-3 and omega -6 fatty acids in them. This segment is likely to grow at a CAGR of 6.06% in the foreseeable future.

Increasing Adoption of Unsaturated Fats and Oils to Boost Market

The oils and fats market in North America is witnessing growth due to diverse factors. These include the rising adoption of unsaturated oils and fats such as rapeseed and canola by food processing and food service industries. In addition, the rise in healthcare expenditure of people living in Canada and the U.S is fueling the demand for oils and fats in North America. Since oils and fats are important ingredients for preparing various food products, it has huge demand in the market. Fats and oils are often used to improve the texture, appearance, and flavor of the food item when used in appropriate amount. These factors also expected to boost North America oils and fats market revenue.

The unhealthy lifestyle of people and their uncertain diet patterns may hamper the overall fats and oils market in North America. Meanwhile, coconut oil is considered as a rich source of fatty acid that is immune to various pathogens such as bacteria.

Nevertheless, rising health consciousness among people and the augmenting trend of health conscious diet are anticipated to fuel demand for healthy oils and fats that will further bring lucrative growth opportunities for the market in the long run.


Sample PDF https://www.fortunebusinessinsights.com/enquiry/sample/north-america-fats-oils-market-100873


Rising Trend of Eat Healthy- Stay Healthy to Propel Demand for Market

The competitive landscape of North America fats and oils market is fragmented with the presence of many large and small players, each one trying to stand out in the crowd and generate more to the most revenues. Players are investing huge sums for research and development in order to come out with unique techniques to extract fats and oils from their natural sources.

Key companies covered 

  • Archer Daniels Midland Company
  • Cargill Incorporated
  • Bunge North America
  • Ag Processing, Inc.
  • Riceland Foods
  • Incobrasa Industries
  • Perdue Agribusiness
  • Louis Dreyfus Company
  • Viterra Inc.
  • Associated British Foods Plc (ABF)
  • Other Key Market Players


Speak to Analyst https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/north-america-fats-oils-market-100873


Table of Content:

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities

  • Key Insights
    • Overview on Parent/Related Market
    • Supply Chain Analysis
    • Recent Industry Developments - Mergers & Acquisitions

  • North America Fast &Oils Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary

    • Market Analysis, Insights and Forecast – By Source
      • Vegetable Fats & Oils
      • Animal Fats & Oils

    • Market Analysis, Insights and Forecast – By Application
      • Food Use
      • Non-food Use

    • Market Analysis, Insights and Forecast – By Type
      • Soybean Oil
      • Canola Oil
      • Corn Oil
      • Palm Kernel Oil
      • Olive Oil
      • Cottonseed Oil
      • Sunflower Oil
      • Sesame Oil
      • Linseed Oil
      • Castor Oil
      • Lard
      • Tallow
      • Fish Oil
      • Butter

    • Market Analysis, Insights and Forecast – By Country
      • U.S.
      • Canada
      • Mexico
  • Competitive Analysis
  • Strategic Recommendations


Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/north-america-fats-oils-market-100873

Browse Related Reports:

  • Probiotics Market Size, Share and Global Trend by Microbial Genus (Lactobacillus, Bifiodobacterium, Yeast), Application (Functional Food and Beverage, Dietary Supplement Animal Feed), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail) and Geography Forecast till 2025

  • Plant-Based Protein Supplements Market Size, Share and Global Trend by Product Type (Soy Protein, Pea Protein, Wheat Protein), Distribution Channel (Mass Merchandisers, Pharmacies/Drugstores, Specialty Stores, Online Retail), and Geography Forecast till 2025
  • Commercial Seaweed Market Size, Share and Global Trend by Product Type (Red Seaweed, Brown Seaweed, Green Seaweed), From (Flakes, Powder, Liquid), End User (Food and Beverage, Agricultural Fertilizer, Animal Feed Additives, Pharmaceuticals, Cosmetics and Personal Care) and Geography Forecast till 2025
  • Sugar Substitutes Market Size, Share and Global Trend by Product Type (Low-Intensity Sweeteners, High-Intensity Sweeteners, High Fructose Corn Syrup), End Use (Food & Beverage Manufacturers, Pharmaceuticals, Cosmetics & Personal Care) & Geography Forecast till 2026


About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact us:
Fortune Business Insights Pvt. Ltd. 
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: sales@fortunebusinessinsights.com 
Website: https://www.fortunebusinessinsights.com

Attachment

FBI LOGO.jpg