Organic Edible Oil Market Size to Grow by USD 2.45 bn | Aryan International and Bunge Ltd. Among Key Vendors | Technavi

NEW YORK, Dec. 6, 2021 /PRNewswire/ — The organic edible oil market is fragmented. Vendors are using various organic and inorganic growth strategies to compete in the market. The market is expected to grow by USD 2.45 bn from 2020 to 2025, expanding at a CAGR of 9.62%. Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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Organic Edible Oil Market: Driver
The increasing demand for trans fat-free oils is one of the key factors driving the growth of the organic edible oil market. The rising prevalence of health issues, such as digestive disorders, diabetes, and obesity, has increased the demand for organic edible oils with lower fat content compared with standard edible oils. Moreover, consumers are becoming aware of various issues related to diabetes and obesity, such as cardiovascular disorders, respiratory disorders, cholesterol issues, anxiety, and depression. Hence, they are shifting from traditional products to clean-label, organic, and non-GMO products.
To know more about the various drivers, trends, and challenges impacting the growth of the market, View Our Free Sample
Organic Edible Oil Market: Segmentation Analysis
The organic edible oil market has been segmented by product (organic soybean oil, organic olive oil, organic canola oil, and OOEO) and geography (APAC, North America, Europe, South America, and MEA).
By product, the organic soybean oil segment is expected to have significant market share growth during the forecast period. Organic soybean is preferred over inorganic soybean oil, as the latter is a harmful ingredient in processed foods with low amounts of saturated fats. As consumers are becoming more health-conscious, the demand for organic food products is rising. This, in turn, is expected to propel the consumption of organic soybean oil.
By geography, APAC is expected to account for 34% of the market’s growth during the forecast period, with China being the key country. The increasing disposable income of consumers and the growing number of organized retailing outlets offering organic edible oil will drive the growth of the organic edible oil market.
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Avocado Oil Market: The avocado oil market has been segmented by Product (Refined avocado oil and Crude avocado oil) and Geography (North America, APAC, Europe, South America, and MEA). Download Free Sample Report
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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
Vendors covered
Vendor classification
Market positioning of vendors
Competitive scenario
Organic Edible Oil Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 9.62%
Market growth 2021-2025
USD 2.45 billion
Market structure
Fragmented
YoY growth (%)
8.50
Regional analysis
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 34%
Key consumer countries
US, China, UK, The Netherlands, and Canada
Competitive landscape
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
Aryan International, Bunge Ltd., Cargill Inc., Catania Spagna, EFKO Foods Plc, NOW Health Group Inc., Nutiva Inc., The Adams Group Inc., The Grupo Daabon, and The Hain Celestial Group Inc.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Media & Marketing Executive
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Email: media@technavio.com
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SOURCE Technavio
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