About Frozen Oil
Frozen oils are cold-pressed oil to maintain the consistency and chemical property of the oil and increase shelf life. Frozen oils are widely used in the desserts and personal care industry. Frozen fragrance oils are highly used to add fragrance in the body wash, bath bombs, soaps, skin & hair care formulations, air fresheners, etc. The high growth of vegetable frozen oils for commercial application due to increasing edible oil prices is likely to increase the demand as the frozen oils can be stored in a large quantity.
|Value (USD Million)
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SS Frozen World (India), Nature's Oil (United States), Carrington Farms (United States), General Mills (United States), Congara Brand (United States), GRUPO BOMBO (Mexico), Nestle (Switzerland), Kellogg Co. (United States) and Xiya Lubricants (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Royal Dutch Shell (Netherland) and Others.
AMA Research has segmented the market of Global Frozen Oil market by Type (Edible Oils, Hair Oils, Fragrance Oils and Others), Application (Household and Commercial) and Region.
On the basis of geography, the market of Frozen Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Refined will boost the Frozen Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Frozen Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Increased Focus on Product Innovation to Increase Shelf Life and Maintain Consistency
Market Growth Drivers:
Surging Demand for Fragrance Oils for Use in Soaps, Bathing Bombs, and Body Wash and Growing Adoption of Frozen Desserts Will Create Huge Demand for Specialty oil or Fats
Rising Health Related Problems Due to Frozen Products May Affect the Market
Volatility in the Edible Oil Prices has Increased the Demand for Frozen Oil to Store for Long Time Period
Market Leaders and their expansionary development strategies
In December 2023, RealCold, a Florida-based cold storage provider, announced that it has acquired Forte Frozen ("Forte"), a leader in national temperature-controlled warehousing and fulfillment services. The transaction, which closed today, gives RealCold five currently operational, high-throughput facilities in strategic markets including Dallas, Texas; Ormond Beach, Florida; Clearfield, Utah; Clackamas, Oregon; and Colton, California.
In November 2023, McCain Foods has announced the launch of its biggest new product development in over a decade, The company was inspired by consumer insight which revealed that shoppers lack inspiration for midweek meals and regularly struggle to find quick and easy choices that deliver both on taste and value.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Frozen Oil Manufacturers, Suppliers and Distributors of Dinner Frozen Oil, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.