Middle-East And Africa Fats And Oils Market grow at a CAGR of 3.96%, to reach USD 12.14 billion by 2021

The Middle-East and Africa Fats and Oils Market was worth USD 10 billion in 2016 and estimated to be growing at a CAGR of 3.96%, to reach USD 12.14 billion by 2021.

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From ancient times, fats have been part of the human diet, being unconsciously consumed in his food via various sources. In the present day, fats are used for the production of food, be it unprocessed or just the ingredients, in substantial quantities. Fats are essentially organic substances which contain a high amount of energy and may be present in solid or liquid form, with the liquid form being alternatively called as an oil.

The major feature of fats is the whipping, emulsifying and lubricating property they have along with being a warehouse of calories. The calorie content may be as high as 9 calories per gram of fat. Most fats are made up of fatty acid esters. Dietary fats are consumed by humans and form an essential part of the human diet with it being beneficial for cell growth and protection of body organs. They may be classified into groups such as saturated, monounsaturated, trans, and polyunsaturated depending on their cholesterol levels.

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The major driver of the Middle-East and Africa fats and oils market is rising demand for processed food. The rising consumption of animal products is another driver for the market as it indirectly leads to an increase in demand for high quality edible fats. Another driver more prevalent in the region is the demand for alternative biodiesel fuel. The increasing demand from the transportation sector as well as the boom in population of the region means the market is not expected to decline in the near future. However, inspite of the various factors for the market growth, increasing health concerns and stringent government regulations act against it. Additional rising quality standards and environmental concerns further hamper the market boom.

The Middle-East and Africa Fats and Oils market is broadly classified into Palm, Sunflower, Olive, Soybean, Rapeseed and others based on product type. Based on application, they are classified as Food, Industrial, Personal Care, Animal Feed and Pharmaceutical. They are further classified into butter, ghee, lard and suet on the basis of animal fats. Based on form they are classified into solid and liquid and based on source they are classified into plants and animals. Based on geography, the Middle-East and Africa market is analysed under the regions of Middle-East, consisting of regions such as UAE, Qatar and Saudi Arabia, and Africa, consisting of South Africa, Egypt and other African nations. The Middle-East and Africa market is the smallest market with only 5% of the total market revenue being generated from here. Inspite of the small size, the market shows promise in the future since the region is fast developing.

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Some of the major companies dominating the market, by their products and services include Cargill, Archer Daniels Midland Company, Bunge Limited, International Foodstuff Company Holdings Limited, Wilmar International, Associated British Foods, Ajinomoto, ConAgra Foods, Unilever PLC and United Plantations Berhad.

Fats and Oils Market Segmentation:
Product Type:
• Introduction
• Palm
• Sunflower
• Olive
• Soybean
• Rapeseed
• Others
• Y-o-Y Growth Analysis, By Product Type
• Market Attractiveness Analysis, By Product Type
• Market Share Analysis, By Product Type

Application
• Introduction
• Food
• Industrial
• Personal Care
• Animal Feed
• Pharmaceutical
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

Animal Fats
• Introduction
• Butter
• Ghee
• Lard
• Suet
• Y-o-Y Growth Analysis, By Animal Fats
• Market Attractiveness Analysis, By Animal Fats
• Market Share Analysis, By Animal Fats

Form
• Introduction
• Liquid
• Solid
• Y-o-Y Growth Analysis, By Form
• Market Attractiveness Analysis, By Form
• Market Share Analysis, By Form

Sources
• Introduction
• Plants
• Animals
• Y-o-Y Growth Analysis, By Sources
• Market Attractiveness Analysis, By Sources
• Market Share Analysis, By Sources

Scope of the report:
• Global, 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 of technology, component, and type along 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 analysing 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

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