North America Edible Oil Co-Products and By-Products Market was worth USD 62.03 million in 2024, so it is estimated to reach USD 68.56 million by 2029, growing at a CAGR of 2.13%. Edible oils are made up of about 96 percent triacylglycerides and a variety of fatty acids. At room temperature, edible oils can be liquid or solid. The Canadian government defines edible oils as any dietary substance other than a dairy product – regardless of source, origin, or composition – made for human consumption entirely or partially from a fat or oil other than milk. Edible oil production produces a variety of co-products and by-products, which are used in various sectors.
Bunge Ltd, a publicly-traded company, has agreed to buy the edible oil division of the diverse Noida-based Amrit Group in a deal for 413 million rupees ($ 78 million).
The expansion of the edible oil co-products and by-products market can be ascribed to an increase in the use of edible oils in various applications. The market's development is being aided by the rising introduction of new kinds of edible oils. In addition, environmental concerns have increased demand for biodegradable products, which will propel the edible oil co-products and by-products market forward. Growing oil and gas industries are likely to fuel the target market's revenue growth throughout the forecast period. Other factors expected to increase demand for edible oil co-products and by-products include rising dispersed income levels, increasing demand for new tastes and flavors in developing economies, growing demand from industries such as cosmetics and personal care, and others as a growing population.
The high cost of production is hampering the market for edible oil co-products and by-products. In addition, the target market's growth is projected to be hindered by a lack of knowledge about the importance of edible oil co-products and derivatives.
This Research Report on North America Edible Oil Co-Products and By-Products Market is segmented and sub segmented into folllowing categories:
North America Edible Oil Co-Products and By-Products Market - By Product:
The market is segmented into Pure Soft Oil Fatty Acid Distillate, Hard Oil Fatty Acid Distillate, Dried Soap Stock, and Others. The dried soap stack is predicted to have a much larger market share. Dried soap stock adds nutritious value to feed, enhances pelletizing, and gives you more options when it comes to usage and processing. Acidified soap stock is made by treating it with a strong mineral acid and converting it into a crude combination of fatty acids. This mixture is commonly utilized in animal feed as a calorific component.
Furthermore, customers practice good hygiene and are concerned about the transmission of viruses and bacteria. On the other hand, pure acid oil is a by-product of vegetable oil refining and primarily consists of free fatty acids, moisture, and neutral oils. Therefore, variations in the edible oil feedstock and alkaline refining process ultimately determine the qualities and composition of pure acid oil.
North America Edible Oil Co-Products and By-Products Market - By End-User:
The market is segmented into Intermediate chemicals, Personal Care Products, Tocopherol, Soap and Detergent, and Animal Feed. Soaps and detergents are expected to generate the most revenue in the following years. Pure acid oil, which contains free fatty acids, is commonly utilized in animal feed to alleviate the health risks of eating dusty and finely processed diets. Furthermore, pure acid oil is added to animal feed to prevent bloat and boost the diet's calorie density. Pure acid oil is a crucial component in the manufacturing of soap. It's primarily utilized in the production of laundry soaps.
North America Edible Oil Co-Products and By-Products Market - By Region:
North America Edible Oil Co-Products and By-Products Market is segmented into the United States, Canada, and Mexico. The manufacturing of edible oil generates several by- and co-products of significant value due to rising edible oil output in the region. As a result, the North American market has been steadily developing. The requirement for edible oil co-products and by-products has grown in response to the increased need for cost-effective raw materials in the cosmetics industry. In addition, processing and purification technology advancements have reduced waste and increased the output of desired co-products and by-products.
KEY MARKET PLAYERS:
Major Players in the North America Edible Oil Co-Products and By-Products Market are Oleo Misr, Rade Chemicals, A & B Chemical Corporation, Iran Chemical Provider Co, Cayman Chemical Company, Genome Specialities Fzc, VVF L.L.C, Mallinath Group, Chemipakhsh Iran Co. Ltd.
Frequently Asked Questions
Edible oil co-products and by-products are residual materials generated during the production of edible oils, such as soybean oil, canola oil, and sunflower oil. These include meal, cake, glycerin, and other materials that result from oil extraction processes.
Utilizing co-products and by-products from edible oil processing helps reduce waste and maximize resource efficiency in the food industry. By repurposing these materials for various applications, companies can minimize their environmental footprint and support sustainable practices.
Innovations in the utilization of co-products and by-products include their incorporation into food and beverage formulations as functional ingredients. For example, protein-rich meal and cake can be used to fortify food products, while glycerin can be utilized in the production of natural skincare products.
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