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Chile Vegetable Oil Market Size, Share, Growth, Price, Forecast: By Oil Type: Palm Oil, Soyabean Oil, Sunflower Oil, Olive Oil, Canola Oil, Others; By Application: Food, Feed, Industrial; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Chile Vegetable Oil Market Outlook
The Chile vegetable oil market size is estimated to grow at a CAGR of 5.4% in the forecast period of 2024-2032. The market is being driven by the growing awareness regarding the benefits of vegetable oils and the rising popularity of processed foods.
Key Trends in the Market
Vegetable oils, also known as vegetable fats, are fatty oils which are extracted from plants such as sunflower, soyabean, and palm, among others. They are odourless and tasteless and are widely used for cooking and other industrial purposes.
- The growing health awareness is a key Chile vegetable oil market trend. Vegetable oils provide health benefits such as enhancing metabolism, reducing the risk of heart diseases, and improving digestive health.
- A rise in the demand for fortified edible oils due to growing incidences of nutritional deficiency is aiding the Chile vegetable oil market demand. Manufacturers are focusing on fortifying vegetable oils with Vitamin A and D, which is expected to bolster their popularity among the health-conscious demographic.
- Increase in the usage of biofuels in the automotive and aviation sectors as sustainable alternatives to fossil fuels also boosts the market value. Vegetable oils are increasingly used in the production of biofuels such as bioethanol, a type of biofuel.
Global Market Analysis
On the basis of oil type, the market is classified into palm oil, soyabean oil, sunflower oil, olive oil, and canola oil, among others. By application, the Chile vegetable oil market segmentation includes food, feed, and industrial.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Chile vegetable oil market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Cargill, Incorporated
- Archer Daniel Midland Company
- Louis Dreyfus Company B.V.
- Bunge Limited
- Conagra Brands, Inc
- Evoofoods
- Watt's S.A
- Others
Market Share by Oil Type
Sunflower oil occupies a significant portion of the Chile vegetable oil market share owing to its cost-effective and health benefits. It is loaded with vitamin E and poly and unsaturated omega fat and provides ample benefits such as strengthening the immune system, improving digestion, regulating cholesterol, and maintaining heart health. Moreover, the presence of antioxidants such as vitamin E also makes it good for the skin as it can reduce acne, regenerate damaged skin cells, and even serve as a moisturiser.
Market Share by Application
According to the Chile vegetable oil market analysis, the usage of vegetable oils in food applications is significantly growing. These oils enhance the flavour of food, enhance its nutritional profile, and eliminate microbes. Moreover, they have a high smoke point, which makes them suitable for cooking at high temperatures.
They are also used in applications such as frying or sautéing and do not impart any burning or bitter flavour at high temperatures. Meanwhile, the industrial segment is also expected to witness growth in the forecast period due to its increased utilisation of vegetable oils in biofuels.
Competitive Landscape
Cargill, Incorporated, established in 1865, is a global food company with its headquarters in Minnesota, the United States. It provides products such as grain, sugar, meat, and oilseed, among others, for food, agricultural, and industrial applications.
Archer Daniel Midland Company, a food processing company, was founded in 1902 and has its headquarters in Chicago, the United States. The company provides a range of products such as industrial chemicals, fertilisers, paper, plastic, and speciality food and feed products.
Louis Dreyfus Company B.V., founded in 1851 and based in Rotterdam, the Netherlands, is an agricultural and food processing company. Its products are used in diverse end-use sectors, ranging from food and beverages to textiles, among others.
Other Chile vegetable oil market players include Bunge Limited, Conagra Brands, Inc, Evoofoods, and Watt’s S.A, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Oil Type |
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| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Chile Vegetable Oilseeds Market Overview
8.1 Key Industry Highlights
8.2 Chile Vegetable Oilseeds Historical Market (2018-2023)
8.3 Chile Vegetable Oilseeds Market Forecast (2024-2032)
9 Chile Vegetable Oilseeds Market by Type
9.1 Palm Oilseed
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Soyabean Oilseed
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Sunflower Oilseed
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Olive Oilseed
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Rapeseed Oilseed
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Others
10 Chile Vegetable Oil Market Overview
10.1 Key Industry Highlights
10.2 Chile Vegetable Oil Historical Production (2018-2023)
10.3 Chile Vegetable Oil Production Forecast (2024-2032)
10.4 Chile Vegetable Oil Historical Consumption (2018-2023)
10.5 Chile Vegetable Oil Consumption Forecast (2024-2032)
11 Chile Vegetable Oil Market by Oil Type
11.1 Palm Oil
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Soyabean Oil
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Sunflower Oil
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Olive Oil
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Canola Oil
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Chile Vegetable Oil Market by Application
12.1 Food
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Feed
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Industrial
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis (HS Code - 1511, 1512, 1514, 1509, 1507)
14.1 Major Exporting Countries
14.1.1 by Value
14.1.2 by Volume
14.2 Major Importing Countries
14.2.1 by Value
14.2.2 by Volume
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cargill, Incorporated
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Archer Daniel Midland Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Louis Dreyfus Company B.V.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Bunge Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Conagra Brands, Inc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Evoofoods
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Watt's S.A.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Chile Vegetable Oilseeds Market: Key Industry Highlights, 2018 and 2032
2. Chile Vegetable Oilseeds Historical Market: Breakup by Type (USD Million), 2018-2023
3. Chile Vegetable Oilseeds Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Chile Vegetable Oil Market: Key Industry Highlights, 2018 and 2032
5. Chile Vegetable Oil Historical Market: Breakup by Oil Type (USD Million), 2018-2023
6. Chile Vegetable Oil Market Forecast: Breakup by Oil Type (USD Million), 2024-2032
7. Chile Vegetable Oil Historical Market: Breakup by Application (USD Million), 2018-2023
8. Chile Vegetable Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Major Exporting Countries by Value
10. Major Importing Countries by Value
11. Major Exporting Countries by Volume
12. Major Importing Countries by Volume
13. Chile Vegetable Oil Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The major market drivers are the growing awareness regarding several health benefits of vegetable oils and the increasing demand for vegetable oils in frying applications.
The key trends of the market include increasing health awareness, the growing usage of fortified oils, and the surging demand for biofuels.
Palm oil, soyabean oil, sunflower oil, olive oil, and canola oil, among others, are the various oil types considered in the market report.
Food, feed, and industrial are the different applications of the product.
The key market players are Cargill, Incorporated, Archer Daniel Midland Company, Louis Dreyfus Company B.V., Bunge Limited, Conagra Brands, Inc, Evoofoods, and Watt's S.A, among others.
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