Vegetable oils are natural oils obtained from the seeds, nuts, fruits, etc. of plants. These can be found in a wide array of applications right from food and household products, to make-up and other cosmetics. These oils are also being widely considered as being an alternative to natural fossil fuels that are rapidly running out, primarily being used as a form of biofuel in the transport industry. During 2014-2018, the global vegetable oil production grew at a CAGR of around 4%. The market is currently being driven by an increasing demand sparked off by higher consumption for vegetable oils, especially in emerging countries such China and India caused by factors such as population growth, improving living standards and changing diets. This report by Expert Market Research entitled “Vegetable Oil Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray in the vegetable oil market.
Historical market trends for the global vegetable oil industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global vegetable oil market into the following major countries – Indonesia, China, Malaysia, European Union, United States, Argentina and Brazil. Region-wise, Indonesia currently represents the largest producer. On the basis of the product type, the global vegetable oil market has been segmented as palm oil, soybean oil, canola oil, sunflower oil, coconut oil and others. For each of the vegetable oil type, the report has provided both historical and future market trends. Additionally, the report has segmented the global vegetable oil market by end-use industries (food, industrial, biofuel and others).
The value chain analysis of the vegetable oil industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study asses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analyzing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation on the competitive landscape of the vegetable oil industry has also been provided. Some of the key players in this market include: Cargil, ADM, Louis Dreyfus, Bunge and Wilmar.
This report provides an exhaustive insight for setting-up and running a vegetable oil manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The report answers the following questions for stakeholders looking to gain a deeper insight into the vegetable oil market:
- What are the market trends for the global vegetable oil market?
- Which are the biggest markets (regions) for vegetable oil?
- What are the major types of vegetable oil? Which are the most popular?
- What are the key application areas for vegetable oil?
- Who are the key manufacturers in the vegetable oil market?
- What are the land and construction requirements to start a vegetable oil processing plant?
- What are the machinery requirements to start a vegetable oil processing plant?
- How is vegetable oil priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a vegetable oil processing plant?
- What are the running costs of a vegetable oil processing plant?
- How much revenue can a vegetable oil processing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephone interviews with numerous industry participants in the vegetable oil industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.