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MEA Fats And Oils Market to 2021Β– Increasing Focus of Industry Players on Emerging Markets | Market Data Forecast

 



(MoneyNewsWire.Net, May 02, 2018 ) 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. 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.

Browse market data tables and in-depth TOC of the MEA Fats And Oils Market to 2021 @ https://marketdataforecast.com/market-reports/Middle-East-and-Africa-fats-and-oils-market-2712/

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.

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.

Free sample of the report is available @ https://marketdataforecast.com/market-reports/Middle-East-and-Africa-fats-and-oils-market-2712/request-sample

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.

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.

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The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry

Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

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