Global Vegetable Oil Market worth $91.4
Billion by 2017
The report “Global Vegetable Oil Market (Edible & Industrial), by Types, Application,
Geography & Extraction Methods-Forecasts up to 2017” defines and segments the global
vegetable oil market with analysis and forecasting of the global volume and revenue for major
vegetable oils in particular. It also identifies driving and restraining factors for the global
vegetable oil market with analysis of trends, opportunities, burning issues, winning imperatives,
and challenges. The market is segmented and revenues are forecasted on the basis of major
regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key
countries are covered and forecasted for each region. Further, market is segmented and revenues
are forecasted on the basis of applications and types of vegetable oils.
Browse 126 market data tables with 31 figures spread through 313 pages and in-depth TOC on
“Global Vegetable Oil Market (Edible & Industrial), by Types, Application, Geography &
Extraction Methods-Forecasts up to 2017”.
http://www.marketsandmarkets.com/Market-Reports/vegetable-oil-394.html
Early buyers will receive 10% customization on this report.
According to the report published by MarketsandMarkets, vegetable oil market will be valued at
an estimated $81.0 billion in 2012 which is expected to increase at a CAGR of 2.5% from 2012
to 2017. Asia-Pacific is leads the global vegetable oil market with share of followed by Europe
and North America in terms of consumption in 2011.
The major drivers for vegetable oil global market growth are the ever-growing food sector,
growing consumption in the Asian subcontinent, and the biofuel policies coupled with the
biodiesel feedstock requirements. The increasing requirements of the biofuel industry, results in
siphoning of the raw material away from the other food and industrial sectors. The resultant price
hikes and working capital shortage can be seen as a restraint for vegetable oil market.
Asia-Pacific holds major market share in vegetable oil market. Europe is the second largest
consumer. Research and development initiatives by companies and government has helped
manufacturer to get the first mover advantage, on the basis of high yields during extraction and
also the desired low trans-fat composition of the oil.
The vegetable oil market by application is segmented in major three segments as Food, Non-food
(industrial), and Biodiesel feed. Although, the food applications occupy a major share in the