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Edible Oil Co-Products and By-Products Market By Product Type, By End User, and Geography
Edible Oil Co-Products and By-Products Market By Product Type, By End User, and Geography
Edible Oil Co-Products and By-Products Market size was valued at US$ 167.49 million in 2022 and is expected to reach US$ 186.39 million by 2029, at a CAGR of 4.69% from 2023-2029. Edible oils are usually plant-based oils. They may be either solid or liquid at room temperature. The plant-derived or the plant-based edible oils infuse carboxylic acids along with long hydrocarbon solvents chains. Whereas the petroleum-based oils do not contain the carboxylic group.
Study Period
2024-2030Base Year
2023CAGR
4.69%Largest Market
Asia-PacificFastest Growing Market
North America
Increase in the use of edible oils in various applications is the key factor attributed for the growth of the edible oil co-products and by-products market. The increasing introduction of new varieties of edible oils is enhancing the growth of the market. The environmental concerns have added fuel to the demand of biodegradable products which is anticipated to drive the growth of the edible oil co-products and by-products market. However, the high cost involved in the production is hampering the growth of the edible oil co-products and by-products market.
Geographically, global Edible Oil Co-Products and By-Products Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific market hold the largest share when compared with that of the other regional markets owing to its higher consumption. North America fall next to the Asia Pacific, holding the second largest share in edible oil co-products and by-products market. The Middle East region is showing growth in the market due to the extensive use of the co-products and by-products for the production of detergents and soaps. Egypt and Morocco contribute the growth in the Middle East.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 167.49 million |
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Market Size in 2029 |
US$ 186.39 million |
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Market CAGR |
4.69% |
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by Product Type |
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By end user |
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By Region |
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The Edible Oil Co-Products and By-Products Market is growing at a CAGR of 4.69% over the Forecast Period
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.