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Asia Pacific Cooking Oils And Fats Market By Form (Liquid, Solid), By Source (Vegetable, Animal), By Type (Oil, Fat), By Application (Bakery & Confectionary, Processed Food), By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: January, 2022
ID: 5049
Pages: 145

Asia Pacific Cooking Oils And Fats Market Size and Growth Analysis:

The Asia Pacific Cooking Oils and Fats market size was around USD 22.04 billion in 2022. It is expected to grow at a CAGR of 1.1% to reach USD 23.27 billion by 2027. It captures 35% of the global market.

Asia Pacific Cooking Oils And Fats Market Overview:

Cooking oils and fats are made up of saturated, poly-saturated, and mono-saturated fatty acids. Saturated fats increase the body's cholesterol levels, while mono-saturated and poly-saturated fats tend to lower cholesterol levels in the body. Inordinate consumption of fats and oils poses a significant threat to the market. Processed foods like French Fries, Pizzas, and Doughnuts have a large number of trans-fats that is not healthy if consumed regularly. The consumption of trans-fats increases the LDL in the body. Additionally, consumption of trans fats raises the incidences of numerous heart diseases, type 2 diabetes and cancer. Furthermore, the high price of raw materials makes the entry of a new player in the market extremely difficult.

Asia Pacific Cooking Oils And Fats Market Segmentation:

The market is segmented

  • by form

  • by source

  • by type

  • by application

By form the market is segmented into

  • liquid

  • solid

The liquid segment dominated the market in 2018, and is projected to be the fastest-growing segment as oils are largely consumed for cooking purposes and in biodiesel, where liquid form is preferred over solid. The crystalline form of the fat has a considerable effect on the melting point and the performance of the fat in different applications in which it is used.

By source, the market is categorized into

  • vegetable

  • animal

By application the market is categorized into

  • Bakery & Confectionary

  • Processed

Processed Food is further sub-segmented into Snacks & Savoury, R.T.E Foods/Convenience Foods, Sauces, Spreads, and Dressings, and others (Incl. Meat Products).

By type the market is segmented into

  • oil

  • fat

Oil is further sub-segmented into palm oil, soybean oil, sunflower oil, rapeseed oil, olive oil, and other oils. Fats are further sub-segmented into Butter & Margarine, Lard, Tallow, and others. By vegetable oil type, the market is projected to be dominated by the palm oil category, followed by soybean oil and rapeseed oil. Palm oil has emerged as the most commonly utilized vegetable oil for edible purposes, especially in China, which is one of the biggest consumers of vegetable oils.  The demand for palm oil is rising, owing to rise in industrial applications like biodiesel and oleo chemicals. By fat type, the butter & margarine segment commanded the largest market share in 2015. The demand for butter is greater in contrast to that for margarine, owing to the growth in preference for natural products like butter. Factors like changes in customer habits and the price differences between butter & margarine also fuel the demand for butter.

Asia Pacific Cooking Oils And Fats Market Regional Analysis:

  • India

  • China

  • Korea

  • Japan and others

The Asia-Pacific region commanded the largest share, in terms of both value and volume, in the market, in 2018. An increase in population and growth in consumption of fats & oils, especially in Asian countries such as China and India, are projected to augment the growth of the fats & oils market in the Asia-Pacific region. Growth in population and development of food and non-food industries in the Asia-Pacific region demand more fats & oils than other end-use industries in the world.

Asia Pacific Cooking Oils And Fats Market Key Players:

  1. Unilever PLC

  2. Cargill, Inc.

  3. International Foodstuff Company Limited

  4. United Plantations Berhad

  5. Wilmar International Limited

  6. Archer Daniels Midland Company

  7. Associated British Foods plc

  8. Bunge Limited, CHS Inc.

  9. ConAgra Foods Inc

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 Epidemology                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 Form                                             

                                5.1.1 Introduction                           

                                5.1.2 Solid                           

                                5.1.3 Liquid                        

                                5.1.4  Y-o-Y Growth Analysis, By Form                    

                                5.1.5  Market Attractiveness Analysis, By Form                  

                                5.1.6  Market Share Analysis, By Form                   

                5.2 Type                                              

                                5.2.1 Introduction                           

                                5.2.2 Oil                               

                                                5.2.2.1 Palm Oil

                                                5.2.2.2 Soybean Oil         

                                                5.2.2.3 Rapeseed Oil      

                                                5.2.2.4 Sunflower Oil     

                                                5.2.2.5 Olive Oil

                                                5.2.2.6 Others   

                                                                5.2.2.6.1 Coconut Oil

                                                                5.2.2.6.2 Cottonseed Oil

                                                                5.2.2.6.3 Peanut Oil

                                5.2.3 Fat                              

                                                5.2.3.1 Butter    

                                                5.2.3.2 Shortenings & margarine              

                                                5.2.3.3 Lard        

                                                5.2.3.4 Tallow    

                                                5.2.3.5 Others   

                                                                5.2.3.5.1 Poultry Fats

                                                                5.2.3.5.2 Suet

                                5.2.4 Y-o-Y Growth Analysis, By Type                     

                                5.2.5 Market Attractiveness Analysis, By Type                   

                                5.2.6 Market Share Analysis, By Type                     

                5.3 Source                                          

                                5.3.1 Introduction                           

                                5.3.2 Vegetable                               

                                5.3.3 Animal                      

                                5.3.4 Y-o-Y Growth Analysis, By Source                 

                                5.3.5  Market Attractiveness Analysis, By Source                              

                                5.3.6  Market Share Analysis, By Source                                

                5.4 Application                                 

                                5.4.1 Introduction                           

                                5.4.2 Bakery & Confectionery                    

                                5.4.3 Processed Food                    

                                                5.4.3.1 R.T.E Foods/Convenience Foods               

                                                5.4.3.2 Sauces, Spreads, and Dressings  

                                                5.4.3.3 Others (Incl. Meat Products)       

                                5.4.4 Y-o-Y Growth Analysis, By Application                         

                                5.4.5 Market Attrativeness Analysis, By Application                         

                                5.4.6 Market Share Analysis, By Application                        

6. Geographical Analysis                                                              

                6.1 Introduction                                               

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Form

                                                6.1.3.3 By Type 

                                                6.1.3.4 By Source             

                                                6.1.3.5 By Application    

                                6.1.4  Market Attractiveness Analysis                     

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Form

                                                6.1.4.3 By Type 

                                                6.1.4.4 By Source             

                                                6.1.4.5 By Application    

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Form

                                                6.1.5.3 By Type 

                                                6.1.5.4 By Source             

                                                6.1.5.5 By Application    

                6.2 China                                             

                6.3 India                                              

                6.4 Japan                                            

                6.5 South Korea                                               

                6.6 Australia                                      

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Associated British Foods PLC (ABF)                                  

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Archer Daniels Midland Company                                     

                8.3 Bunge Limited                                           

                8.4 Wilmar International Limited                                              

                8.5 Cargill, Incorporated                                               

                8.6 Conagra Foods, Inc.                                                

                8.7 International Foodstuff Company Holdings Limited (IFFCO)                                  

                8.8 Unilever PLC                                              

                8.9 United Plantations Berhad                                   

                8.10 Ajinomoto Co., Inc.                                               

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Market Outlook and Investment Opportunities                                                         

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  1. Asia Pacific Cooking Oils and Fats Market By Type, From 2022 - 2027 ( USD Billion )

  2. Asia Pacific Oil Market By Region, From 2022 - 2027 ( USD Billion )

  3. Asia Pacific Fat Market By Region, From 2022 - 2027 ( USD Billion )

  4. Asia Pacific Cooking Oils and Fats Market By Form, From 2022 - 2027 ( USD Billion )

  5. Asia Pacific Solid Market By Region, From 2022 - 2027 ( USD Billion )

  6. Asia Pacific Liquid Market By Region, From 2022 - 2027 ( USD Billion )

  7. Asia Pacific Cooking Oils and Fats Market By Source, From 2022 - 2027 ( USD Billion )

  8. Asia Pacific Vegetable Market By Region, From 2022 - 2027 ( USD Billion )

  9. Asia Pacific Animal Market By Region, From 2022 - 2027 ( USD Billion )

  10. Asia Pacific Cooking Oils and Fats Market By Application, From 2022 - 2027 ( USD Billion )

  11. Asia Pacific Bakery & Confectionary Market By Region, From 2022 - 2027 ( USD Billion )

  12. Asia Pacific Processed Food Market By Region, From 2022 - 2027 ( USD Billion )

  13. Japan Cooking Oils and Fats Market By Type, From 2022 - 2027 ( USD Billion )

  14. Japan Cooking Oils and Fats Market By Form, From 2022 - 2027 ( USD Billion )

  15. Japan Cooking Oils and Fats Market By Source, From 2022 - 2027 ( USD Billion )

  16. Japan Cooking Oils and Fats Market By Application, From 2022 - 2027 ( USD Billion )

  17. China Cooking Oils and Fats Market By Type, From 2022 - 2027 ( USD Billion )

  18. China Cooking Oils and Fats Market By Form, From 2022 - 2027 ( USD Billion )

  19. China Cooking Oils and Fats Market By Source, From 2022 - 2027 ( USD Billion )

  20. China Cooking Oils and Fats Market By Application, From 2022 - 2027 ( USD Billion )

  21. India Cooking Oils and Fats Market By Type, From 2022 - 2027 ( USD Billion )

  22. India Cooking Oils and Fats Market By Form, From 2022 - 2027 ( USD Billion )

  23. India Cooking Oils and Fats Market By Source, From 2022 - 2027 ( USD Billion )

  24. India Cooking Oils and Fats Market By Application, From 2022 - 2027 ( USD Billion )

  25. Australia Cooking Oils and Fats Market By Type, From 2022 - 2027 ( USD Billion )

  26. Australia Cooking Oils and Fats Market By Form, From 2022 - 2027 ( USD Billion )

  27. Australia Cooking Oils and Fats Market By Source, From 2022 - 2027 ( USD Billion )

  28. Australia Cooking Oils and Fats Market By Application, From 2022 - 2027 ( USD Billion )

  29. South Korea Cooking Oils and Fats Market By Type, From 2022 - 2027 ( USD Billion )

  30. South Korea Cooking Oils and Fats Market By Form, From 2022 - 2027 ( USD Billion )

  31. South Korea Cooking Oils and Fats Market By Source, From 2022 - 2027 ( USD Billion )

  32. South Korea Cooking Oils and Fats Market By Application, From 2022 - 2027 ( USD Billion )

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