UAE Specialty Fats & Oils Market Size, Trends, Growth, Report and Forecast 2027
UAE Specialty Fats & Oils Market is projected to grow at a CAGR of over 7% during the forecast period owing to high income, growing production and consumption of ultra-processed food and increasing demand for the product that benefit to health. Based on product type, the market has been segmented into specialty oils and specialty oils. Specialty oils has been further sub-divided into Corn Oil, Sun Flower Oil, Blend Oil, Soybean Oil, Palm Oil, Cottonseed Oil, Coconut Oil, Rapeseed Oil, and Others. In 2018, the Palm Oil segment dominated the market and is expected to maintain its dominance over the next five years as well since they are used to produce specialty oils & fats and they are easily available. The specialty fats have been sub-divided into Cocoa Butter Substitute, Cocoa Butter equivalent, Cocoa Butter Replacers, Synthetic Cocoa Butter Fat, Human Milk Butter Substitute, Butter Oil Substitute, Spray Oil, Dairy Fat Replacers, and Others. The UAE specialty fats and oils market by product type is expected to be attractive for specialty fats during 2019-2024. Dubai dominate the UAE Speciality Fats & Oil market in 2018, in terms of both value & volume and is expected to maintain its dominance over the next five years as well owing to rising purchasing power and growing health consciousness among consumers.
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Years considered for this report:
Historical Year : 2014-2017
Base Year : 2018
Estimated : 2019
Forecast : 2020-2024
Objective of the Study:
- To analyse and forecast the market size of Specialty Fats & Oils Market, in terms of value & volume.
- To classify and forecast UAE Specialty Fats & Oils Market based on type, form, functionality, application and regional distribution.
- To identify drivers and challenges for UAE Specialty Fats & Oils Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in UAE Specialty Fats & Oils Market.
- To conduct the pricing analysis for Specialty Fats & Oils Market.
- To identify and analyse the profile of leading players involved in the manufacturing of UAE Specialty Fats & Oils Market.
Some of the leading players in the UAE Specialty Fats & Oils Market are GEF, Parisons Paras Group, Aak Kamani Private Limited, Wilmar International, Cargill, Musim Mas, International Foodstuff Company Limited (IFFCO), Mewah International, Fuji Oil, D&L Industries etc.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across UAE.
TechSci Research calculated the market size of UAE Specialty Fats & Oils Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Specialty Fats & Oils manufacturers
- Raw Material Supplier
- End Users
- Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, UAE Specialty Fats & Oils Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- Specialty Fats
- Cocoa Butter Equivalents
- Cocoa Butter Improvers
- Cocoa Butter Replacers
- Dairy Fat Replacers
- Others
- Specialty Oils
- Palm Oil
- Coconut Oil
- Soybean Oil
- Rapeseed Oil
- Others
- Market, By Form:
- Dry
- Liquid
- Market, By Functionality:
- Molding
- Texturing
- Filling
- Coating
- Health
- Others
- Market, By Application:
- Chocolates & Confectioneries
- Processed Foods
- Bakery Products
- Dairy Products
- Others
- Market, by Country:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Specialty Fats & Oils Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Contact
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Email: sales@techsciresearch.com
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