Specialty Fats are tailor made to imitate the many positive traits of cocoa butter or other properties to make them more suitable for specific applications.
Asia-Pacific is the largest consumption place, with a consumption market share nearly 68% in 2017. Following Asia-Pacific, Europe is the second largest consumption place with the consumption market share of 13%.
According to this study, over the next five years the Specialty Fats market will register a 6.1% CAGR in terms of revenue, the global market size will reach USD 7020 million by 2024, from USD 4930 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Specialty Fats business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Specialty Fats market by product type, application, key manufacturers and key regions and countries.
This study considers the Specialty Fats value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Cocoa Butter Equivalents
Cocoa Butter Substitutes
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household
Restaurant
Industry
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
AAK AB
Mewah Group
Cargill
Wilmar
IOI Group
Fuji Oil
Musim Mas
Apical Group
ISF
PT SMART
Bunge
Liberty Oil Mills
3F Industries
Olenex
Oleo-Fats
IFFCO
Goodhope
Puratos
Lam Soon
Hain Celestial
New Britain Oils
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Specialty Fats consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Specialty Fats market by identifying its various subsegments.
Focuses on the key global Specialty Fats manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Specialty Fats with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Specialty Fats submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
