Fats and Oil Market in Africa to Register Remarkable Growth By 2020
This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research in the Fats and Oil Market in Africa
(EMAILWIRE.COM, October 10, 2017 ) Market Insights
In 2015, the sales of locally manufactured oils and fats derived from vegetables and animals amounted to USD 11.6 billion, while East Africa’s edible oil market was estimated to be worth USD 2 billion.
Get Report Brochure @ http://www.orbisresearch.biz/contacts/request-sample/321492
Traders in palm oil in the Volta Region are certified by the FDA, which would help bring some regulation into the industry and ensure that the public consumes quality palm oil. The FDA has advised the public to buy palm oil with yellowish appearance. The reddish type of palm oil is obtained from local palm (abepa), while the ‘agric’ palm nut produces this oil with yellowish appearance; however, due to the attractiveness of reddish palm oil, a deadly chemical is used to color the yellowish palm oil.
Market Dynamics
There is an increasing demand for cooking oil in the East African countries. There is an expected increase in the focus on healthier types of oils and fats among the population in Kenya, as there is high awareness regarding the impact of different types of oils and fats on the general health. Moreover, an increased demand for vegetable and seed oil is expected, which would drive the market in Africa. The low health index of cooking fat constraints the market. The consumers with increasing disposable incomes consider product quality, as well as affordability, when choosing oils and fats.
Market Segmentation
The market has been segmented by source type, application, and geography. The oils and fats market in Africa is strongly inclined towards palm oil, owing to the presence of a vast belt of palm trees. The principal product of palm oil is the palm fruit, which is processed to obtain commercial products, including palm oil, PKO, and palm kernel cake. Palm oil and PKO have a wide-range of applications. Recently, CPO emerged as a biofuel, an alternative source of energy. The processing of CPO gives rise to three different products: food products (cooking oil, margarine, etc.), manufactured/industrial goods (cosmetics, soaps/detergents, etc.), and fuel (biodiesel).
Regional Analysis
Ghana exports, as well as imports, various kinds of vegetable oils that are used for, both, industrial and domestic purposes. Import volumes have been increasing over the years compared to the export volumes; groundnut oil, for instance, has seen a substantial decrease in exports over the years. Palm oil (fat & margarine, refined cooking oil, and edible oil) constitutes almost 61% of the palm oil-related product demand in Ghana and about 65% of the total demand in West Africa.
Capital Activities
Danlink Ingredients has been appointed by AAK as its new agent and distributor of oils and fats, in South Africa. The supplier provides a wide-range of raw material sources, broad process capabilities, and expertise in oils and fats within the food matrix, enabling it to develop innovative and value-adding solutions across industries.
Key Points included in Research Report :
Introduction
Key Deliverables of the Study
Study Assumptions
Market Definitions
Research Approach and Methodology
1 Introduction
2 Research Design
3 Study Timelines
4 Study Phases
Market Overview
1 Market Dynamics
Market Segmentation
1 By Type
2 By Source
3 By Application
4 By Geography
4.1.2 Others
Competitive Landscape
1 Strategy adopted by Key players
2 Most Active companies in the past Five years
3 Market Share Analysis
Company Profiles
1 Wilmar International Limited
2 Archer Daniels Midland Company
3 Bunge Limited
4 Cargill, Incorporated
5 Ruchi soya
6 ConAgra Foods, Inc.
7 Unilever PLC
8 United Plantations Berhad
9 Astra Agro Lestari
10 Cape Oil & Margarine
11 Associated British Foods PLC (ABF)
12 Adani Group
13 Fuji oil
14 Hudson and Knight
15 Arista Industries, Inc
Make an Enquiry @ http://www.orbisresearch.biz/contacts/enquiry-before-buying/321492
Key Deliverables in the Study
Market analysis for the Africa oil and fats market, with region-specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
The identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the global market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Africa oil and fats market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insight about the major players in the industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
In 2015, the sales of locally manufactured oils and fats derived from vegetables and animals amounted to USD 11.6 billion, while East Africa’s edible oil market was estimated to be worth USD 2 billion.
Get Report Brochure @ http://www.orbisresearch.biz/contacts/request-sample/321492
Traders in palm oil in the Volta Region are certified by the FDA, which would help bring some regulation into the industry and ensure that the public consumes quality palm oil. The FDA has advised the public to buy palm oil with yellowish appearance. The reddish type of palm oil is obtained from local palm (abepa), while the ‘agric’ palm nut produces this oil with yellowish appearance; however, due to the attractiveness of reddish palm oil, a deadly chemical is used to color the yellowish palm oil.
Market Dynamics
There is an increasing demand for cooking oil in the East African countries. There is an expected increase in the focus on healthier types of oils and fats among the population in Kenya, as there is high awareness regarding the impact of different types of oils and fats on the general health. Moreover, an increased demand for vegetable and seed oil is expected, which would drive the market in Africa. The low health index of cooking fat constraints the market. The consumers with increasing disposable incomes consider product quality, as well as affordability, when choosing oils and fats.
Market Segmentation
The market has been segmented by source type, application, and geography. The oils and fats market in Africa is strongly inclined towards palm oil, owing to the presence of a vast belt of palm trees. The principal product of palm oil is the palm fruit, which is processed to obtain commercial products, including palm oil, PKO, and palm kernel cake. Palm oil and PKO have a wide-range of applications. Recently, CPO emerged as a biofuel, an alternative source of energy. The processing of CPO gives rise to three different products: food products (cooking oil, margarine, etc.), manufactured/industrial goods (cosmetics, soaps/detergents, etc.), and fuel (biodiesel).
Regional Analysis
Ghana exports, as well as imports, various kinds of vegetable oils that are used for, both, industrial and domestic purposes. Import volumes have been increasing over the years compared to the export volumes; groundnut oil, for instance, has seen a substantial decrease in exports over the years. Palm oil (fat & margarine, refined cooking oil, and edible oil) constitutes almost 61% of the palm oil-related product demand in Ghana and about 65% of the total demand in West Africa.
Capital Activities
Danlink Ingredients has been appointed by AAK as its new agent and distributor of oils and fats, in South Africa. The supplier provides a wide-range of raw material sources, broad process capabilities, and expertise in oils and fats within the food matrix, enabling it to develop innovative and value-adding solutions across industries.
Key Points included in Research Report :
Introduction
Key Deliverables of the Study
Study Assumptions
Market Definitions
Research Approach and Methodology
1 Introduction
2 Research Design
3 Study Timelines
4 Study Phases
Market Overview
1 Market Dynamics
Market Segmentation
1 By Type
2 By Source
3 By Application
4 By Geography
4.1.2 Others
Competitive Landscape
1 Strategy adopted by Key players
2 Most Active companies in the past Five years
3 Market Share Analysis
Company Profiles
1 Wilmar International Limited
2 Archer Daniels Midland Company
3 Bunge Limited
4 Cargill, Incorporated
5 Ruchi soya
6 ConAgra Foods, Inc.
7 Unilever PLC
8 United Plantations Berhad
9 Astra Agro Lestari
10 Cape Oil & Margarine
11 Associated British Foods PLC (ABF)
12 Adani Group
13 Fuji oil
14 Hudson and Knight
15 Arista Industries, Inc
Make an Enquiry @ http://www.orbisresearch.biz/contacts/enquiry-before-buying/321492
Key Deliverables in the Study
Market analysis for the Africa oil and fats market, with region-specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
The identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the global market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Africa oil and fats market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insight about the major players in the industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results