Normal fats, also referred to as common or basic fats, are the most commonly found fats in our diet. They are usually derived from plant and animal sources and include common cooking oils such as vegetable oil, olive oil, sunflower oil, and butter. Normal fats consist of triacylglycerols, which are composed of a glycerol molecule and three fatty acids. These fats are known to provide energy to the body and improve satiety by slowing down digestion. Specialty fats, on the other hand, are more complex fats that are refined or modified to have specific properties. They are often used in the production of processed foods to enhance texture, flavor, and shelf life. Specialty fats are categorized into functional, nutritional, and medical lipid-based products. The global normal and specialty fats market is projected to rise by USD 18.8 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 6.88 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global normal and specialty fats market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, application, distribution, end user, and region. The global market for normal and specialty fats can be segmented by type: cocoa butter equivalent, cocoa butter replacer, cocoa butter substitute, filling fats, milk-fat replacers, spread fat, frying fats, margarines, shortenings, butter, others. The butter segment is estimated to account for the largest share of the global normal and specialty fats market. Normal and specialty fats market is further segmented by application: bakery, confectionery, convenience food, dairy, others. The bakery segment held the largest revenue share in 2022. Based on distribution, the normal and specialty fats market is segmented into: B2B, B2C. Globally, the B2B segment made up the largest share of the normal and specialty fats market. On the basis of end user, the normal and specialty fats market also can be divided into: household, commercial, industrial, others. The industrial segment was the largest contributor to the global normal and specialty fats market in 2022. Normal and specialty fats market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By type: cocoa butter equivalent, cocoa butter replacer, cocoa butter substitute, filling fats, milk-fat replacers, spread fat, frying fats, margarines, shortenings, butter, others
By application: bakery, confectionery, convenience food, dairy, others
By distribution: B2B, B2C
By end user: household, commercial, industrial, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global normal and specialty fats market with some of the key players being Nisshin OilliO Group, Ltd., Cargill, Incorporated, Musim Mas Holdings Pte. Ltd., PT SMART Tbk., Fuji Oil Co., Ltd., Wilmar International Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global normal and specialty fats market.
• To classify and forecast the global normal and specialty fats market based on type, application, distribution, end user, region.
• To identify drivers and challenges for the global normal and specialty fats market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global normal and specialty fats market.
• To identify and analyze the profile of leading players operating in the global normal and specialty fats market.
Why Choose This Report
• Gain a reliable outlook of the global normal and specialty fats market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
PART 1. INTRODUCTION
Report description
Objectives of the study
Market segment
Years considered for the report
Currency
Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
Introduction
Drivers
Restraints
PART 5. MARKET BREAKDOWN BY TYPE
Cocoa butter equivalent
Cocoa butter replacer
Cocoa butter substitute
Filling fats
Milk-fat replacers
Spread fat
Frying fats
Margarines
Shortenings
Butter
Others
PART 6. MARKET BREAKDOWN BY APPLICATION
Bakery
Confectionery
Convenience food
Dairy
Others
PART 7. MARKET BREAKDOWN BY DISTRIBUTION
B2B
B2C
PART 8. MARKET BREAKDOWN BY END USER
Household
Commercial
Industrial
Others
PART 9. MARKET BREAKDOWN BY REGION
North America
Europe
Asia-Pacific
MEA (Middle East and Africa)
Latin America
PART 10. KEY COMPANIES
Nisshin OilliO Group, Ltd.
Cargill, Incorporated
Musim Mas Holdings Pte. Ltd.
PT SMART Tbk.
Fuji Oil Co., Ltd.
Wilmar International Ltd.
DISCLAIMER
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