The Oils Global Market Report 2023, provides comprehensive information on the oils market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Oils Market’s Growth:
https://www.thebusinessresearchcompany.com/report/oils-global-market-report
The global oils market size is expected to grow from $89.68 billion in 2022 to $96.14 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global oils market size is expected to reach $118.91 billion in 2027 at a CAGR of 5.5%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=9827&type=smp
Product innovations are a key trend gaining popularity in the oils market. Major companies operating in the oils market are focusing on developing new products to sustain their position in the market. For instance, in February 2023, KTC Edibles Ltd., a UK-based independent manufacturer and distributor of edible oils, launched certified sustainable hard palm kernel oil (KPKO), a 100% vegetable oil acceptable for vegans and low in trans fats. The use of HPKO in ice cream and confectionery goods is ideal. KTC HPKO has a neutral flavor and odor that blends nicely with both dairy-based and vegan goods because it is free of additives, allergies, and genetically modified components. The company’s increasing line of premium edible oils and fats now includes Certified Sustainable Segregated HPKO. It joins a number of other items in the KTC line, including the UK’s first and only Halal beef dripping and a recently introduced premium Italian lard.
The oils market is segmented:
1) By Oil Type: Palm Oil, Soybean Oil, Canola Oil, Sunflower Oil, Other Oil Types
2) By Form: Liquid, Solid
3) By Source: Fruits And Vegetables, Herbs And Spices, Flowers
4) By Method Of Extraction: Distillation, Carbon Dioxide Extraction, Cold Press Extraction
5) By Application: Food Industry, Biofuels, Other Applications
Asia-Pacific was the largest region in the oils market in 2022.
The table of contents in TBRC’s oils market report in the tbrc
.
.
.
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The asset reliability software global market report 2024 from The Business Research Company provides comprehensive…
The aortic endograft global market report 2024 from The Business Research Company provides comprehensive market…
The advanced therapeutics pharmaceutical outsourcing global market report 2024 from The Business Research Company provides…
The vertical take-off and landing (vtol) uav global market report 2024 from The Business Research…
The solar cells global market report 2024 from The Business Research Company provides comprehensive market…
The security analytics global market report 2024 from The Business Research Company provides comprehensive market…