United States Specialty Fats & Oils Market is projected to grow at a CAGR of over 5% during the forecast period owing to increasing gap between cocoa butter demand & supply and the increasing consumption of confectionery and processed foods. Based on application, the specialty fats & oils market is segmented into chocolates & confectioneries, bakery products, processed foods, and dairy products. In 2021, the bakery products segment accounted for the largest share and is expected to maintain its dominance over the next five years as well owing to growing demand for bakery products such as bread, pastries, cakes & cookies and growing income & spending power in the country. Based on form, the market has been categorised into liquid and dry. In 2021, in terms of value & volume, the dry segment accounted for a larger market share followed by the liquid segment since dry form helps to function as a replacer for dairy and cocoa fats and bear a similarity either in the physical or chemical properties to dairy butter and cocoa butter. Due to these factors, the market for the dry form of specialty fats accounted for a larger share. Some of the leading players in the United States Specialty Fats & Oils Market are Bunge, Wilmar International, Cargill, Musim Mas, International Foodstuff Company Limited (IFFCO), Mewah International, Fuji Oil, D&L Industries etc.
Objective of the Study
- To analyse and forecast the market size of Specialty Fats & Oils Market, in terms of value & volume.
- To classify and forecast United States Specialty Fats & Oils Market based on type, form, functionality, application and regional distribution.
- To identify drivers and challenges for United States Specialty Fats & Oils Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States Specialty Fats & Oils Market.
- To conduct the pricing analysis for Specialty Fats & Oils Market.
- To identify and analyse the profile of leading players involved in the manufacturing of United States Specialty Fats & Oils Market.
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marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of manufacturers across United States. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research could include the suppliers which could not be identified due to the limitations of secondary research. marketinsights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across United States.
marketinsights Research calculated the market size of United States
Key Target Audience
- Specialty Fats & Oils manufacturers
- Raw Material Supplier
- End Users
- Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type· Form· Functionality· Application |
| Region Scope | South-Region, West-Region, Mid-West Region & Northeast-Region |
| Key Companies Profiled | Bunge, Wilmar International, Cargill, Musim Mas, International Foodstuff Company Limited (IFFCO), Mewah International, Fuji Oil, D&L Industries |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, United States Specialty Fats & Oils Market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- United States Specialty Fats & Oils Market, By Type
- Specialty Fats
- Cocoa Butter Equivalents
- Cocoa Butter Improvers
- Cocoa Butter Replacers
- Dairy Fat Replacers
- Others
- Specialty Oils
- Palm Oil
- Coconut Oil
- Soybean Oil
- Rapeseed Oil
- Others
- United States Specialty Fats & Oils Market, By Form
- United States Specialty Fats & Oils Market, By Functionality
- Molding
- Texturing
- Filling
- Coating
- Health
- Others
- United States Specialty Fats & Oils Market, By Application
- Chocolates & Confectioneries
- Processed Foods
- Bakery Products
- Dairy Products
- Others
- United States Specialty Fats & Oils Market, by Country
- United States
- South-Region
- West-Region
- Mid-West Region
- Northeast-Region
