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Pulished Date April, 2021
ID: 5052
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Latin America 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 (Latin America (Brazil, Argentina, Mexico))- Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2021-2026

Pulished: April, 2021
ID: 5052
Pages: 145

Latin America Cooking Oils and Fats Market Size, Share, and Growth Analysis:

Latin America Cooking Oils and Fats Market size was around USD 7.56 billion in 2020. It is expected to grow at a CAGR of 0.6% to reach USD 7.79 billion by 2026. It captures 12% of the global market. Cooking oils and fats are made up of saturated, poly-saturated, and mono-saturated fatty acids. Saturated fats increase the body cholesterol levels, while mono-saturated and poly-saturated fats tend to lower cholesterol levels in the body.

Latin America Cooking Oils and Fats Market Growth Driving Factors:

The growing demand for cooking oils and fats in developing countries such as India, Indonesia, and Argentina is the primary factor that is driving the demand for the market. The rise in the disposable income of the consumers and the growing busy lifestyle of the consumer is the second reason which is driving the demand for processed foods and ready to drink beverages worldwide. This factor, in turn, is driving the demand for the market worldwide. Additionally, the rising use of high-quality edible oils related to the moderate consumption of oils and fats is also another key factor that is driving the demand for the market.

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

XX%

Segments Covered

By Form, By Type, By Source, and by Application

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Countries Covered

Brazil, Mexico, and Argentina

Market Leaders Profiled

Unilever PLC, Cargill, Inc., International Foodstuff Company Limited, United Plantations Berhad, Wilmar International Limited, Archer Daniels Midland Company, Associated British Foods plc, Bunge Limited, CHS Inc, and ConAgra Foods Inc

Inordinate consumption of fats and oils pose a significant threat to the market. Processed foods like French Fries, Pizzas, and Doughnuts have a large number of trans-fats that are not healthy if consumed regularly. The consumption of trans-fats increases LDL in the body. Additionally, the 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.

Latin America Cooking Oils and Fats Market Segmentation:

Based on Form:

  • Solid
  • Liquid

Based on Type:

  • Oil                               
  • Palm Oil
  • Soybean Oil         
  • Rapeseed Oil      
  • Sunflower Oil     
  • Olive Oil
  • Others   
  • Coconut Oil
  • Cottonseed Oil
  • Peanut Oil
  • Fat                              
  • Butter    
  • Shortenings & margarine              
  • Lard        
  • Tallow    
  • Others   
  • Poultry Fats
  • Suet

Based on Source:

  • Vegetable
  • Animal

Based on Application:

  • Bakery & Confectionery
  • Processed Food
  • R.T.E Foods/Convenience Foods
  • Sauces, Spreads, and Dressings
  • Others (Incl. Meat Products)

Latin America Cooking Oils and Fats Market Growth Based on Segmentation:

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 the 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 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 a rise in industrial applications like biodiesel and oleochemicals. 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 change in customer habits and the price difference between butter & margarine also fuel the demand for butter.

Regional Presence of the Latin America Cooking Oils and Fats Market:

On the basis of geography, the market is categorized into Brazil, Chile, Argentina and others. It is second to last in terms of market share.

Leading key Companies Covered in this research report are:

Unilever PLC, Cargill, Inc., International Foodstuff Company Limited, United Plantations Berhad, Wilmar International Limited, Archer Daniels Midland Company, Associated British Foods plc, Bunge Limited, CHS Inc, and 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 Brazil                                             

                6.3 Mexico                                         

                6.4 Rest of Latin America                                             

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                                              

  •  Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product type with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Cooking Oils and Fats Market By Type, From 2021-2026 ( USD Billion )
  2. Latin America Oil Market By Region, From 2021-2026 ( USD Billion )
  3. Latin America Fat Market By Region, From 2021-2026 ( USD Billion )
  4. Latin America Cooking Oils and Fats Market By Form, From 2021-2026 ( USD Billion )
  5. Latin America Solid Market By Region, From 2021-2026 ( USD Billion )
  6. Latin America Liquid Market By Region, From 2021-2026 ( USD Billion )
  7. Latin America Cooking Oils and Fats Market By Source, From 2021-2026 ( USD Billion )
  8. Latin America Vegetable Market By Region, From 2021-2026 ( USD Billion )
  9. Latin America Animal Market By Region, From 2021-2026 ( USD Billion )
  10. Latin America Cooking Oils and Fats Market By Application, From 2021-2026 ( USD Billion )
  11. Latin America Bakery & Confectionary Market By Region, From 2021-2026 ( USD Billion )
  12. Latin America Processed Food Market By Region, From 2021-2026 ( USD Billion )
  13. Brazil Cooking Oils and Fats Market By Type, From 2021-2026 ( USD Billion )
  14. Brazil Cooking Oils and Fats Market By Form, From 2021-2026 ( USD Billion )
  15. Brazil Cooking Oils and Fats Market By Source, From 2021-2026 ( USD Billion )
  16. Brazil Cooking Oils and Fats Market By Application, From 2021-2026 ( USD Billion )
  17. Argentina Cooking Oils and Fats Market By Type, From 2021-2026 ( USD Billion )
  18. Argentina Cooking Oils and Fats Market By Form, From 2021-2026 ( USD Billion )
  19. Argentina Cooking Oils and Fats Market By Source, From 2021-2026 ( USD Billion )
  20. Argentina Cooking Oils and Fats Market By Application, From 2021-2026 ( USD Billion )
  21. Mexico Cooking Oils and Fats Market By Type, From 2021-2026 ( USD Billion )
  22. Mexico Cooking Oils and Fats Market By Form, From 2021-2026 ( USD Billion )
  23. Mexico Cooking Oils and Fats Market By Source, From 2021-2026 ( USD Billion )
  24. Mexico Cooking Oils and Fats Market By Application, From 2021-2026 ( USD Billion )
  25. Rest of Latin America Cooking Oils and Fats Market By Type, From 2021-2026 ( USD Billion )
  26. Rest of Latin America Cooking Oils and Fats Market By Form, From 2021-2026 ( USD Billion )
  27. Rest of Latin America Cooking Oils and Fats Market By Source, From 2021-2026 ( USD Billion )
  28. Rest of Latin America Cooking Oils and Fats Market By Application, From 2021-2026 ( USD Billion )

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