Industry Background:
Growing demand for trans-fat-free oils will help to boost the global organic edible oil market. Organic edible oil is referred to as a type of oil is extracted from seeds that are fit for human consumption. There are various types of organic edible oil including organic soybean oil, organic olive oil, organic canola oil, and OOEO. Factors including rising concerns about the safety of food, and increasing inclination for foods with greater notational value will act as a key drivers of the global organic edible oil market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Cargill (United States), The Adams Group, Inc. (United States), Mizkan Holdings (Japan), NOW Health Group, Inc. (United States), Bunge Limited (United States), The J.M. Smucker Company (United States), EFKO Group (Russia), The SPECTRUM Group Inc. (United States), Nutiva Inc. (United States) and Eden Foods Inc. (United States) |
According to AMA, the market for Organic Edible Oil is expected to register a CAGR of 11.3% during the forecast period to 2028. This growth is primarily driven by Growing Adoption of Trans Fat-Free Oils and Increasing Awareness about the Advantages of Consumption of Edible Oil over Conventional Oil.
Globally, a noticeable market trend is evident Upsurging Demand for Clean-Labelled, Organic, and Non-GMO Products
The Food Products sector in the North Amercia region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Cargill (United States), The Adams Group, Inc. (United States), Mizkan Holdings (Japan), NOW Health Group, Inc. (United States), Bunge Limited (United States), The J.M. Smucker Company (United States), EFKO Group (Russia), The SPECTRUM Group Inc. (United States), Nutiva Inc. (United States) and Eden Foods Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global organic edible oil market will be fragmented with the presence of several companies spread around the globe. Due to increasing applications of organic edible oil in the global players including Adams Group, Bunge, and many others are strengthening and expanding distribution channels to gain a competitive edge. The competitive environment is quite intense. Moreover, the growing use of organic edible oils in the beauty and cosmetic industry will provide considerable growth opportunities in the forecasted period.
Regulatory Insights:
According to Agricultural & Processed Food Products Export Development Authority (APEDA), India, total area under organic certification process (registered under National Programme for Organic Production) is 3.56 million Hectare (2017-18) which includes 1.78 million ha (50%) cultivable area and another 1.78 million Hectare (50%) for wild harvest collection. Among all the states, Madhya Pradesh has covered largest area under organic certification followed by Rajasthan, Maharashtra and Uttar Pradesh. During 2016, Sikkim has achieved a remarkable distinction of converting its entire cultivable land (more than 76000 ha) under organic certification.
Influencing Trend:
Upsurging Demand for Clean-Labelled, Organic, and Non-GMO Products and Rising Adoption of Inorganic Olive Oil, Peanut Oil, and Inorganic Grapeseed Oil
Market Growth Drivers:
Growing Adoption of Trans Fat-Free Oils and Increasing Awareness about the Advantages of Consumption of Edible Oil over Conventional Oil
Challenges:
Complex Inventory Management Due to the Perishable Nature of Organic Edible Oil
Restraints:
Comparatively Expensive than the Regular Edible Oil and Moderate Instances such as Digestive Disorders, Diabetes, and Obesity might hamper the Business Growth
Opportunities:
Growing Demand from the Asia Pacific Region with Increasing Consumption and Rising Awareness about Healthier Diets and Health Risks such as Cardiovascular Diseases
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Organic Edible Oil Market
- Analysis about New Entrants in Organic Edible Oil Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Organic Edible Oil Study Sheds Light on
The Organic Edible Oil Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Organic Edible Oil industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Organic Edible Oil industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.