Global High Oleic Oil Market Report and Forecast 2022-2027
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Executive Summary
The Global High Oleic Oil Market attained a value of USD 4,755.50 million in 2021. Aided by health benefits and end-use applications, the market is projected to further grow at a CAGR of 1.8% between 2022 and 2027 to reach a value of USD 6,540.13 million by 2027.
Edible oils that contain more than 50% of oleic acid per serving are considered high-oleic oils. Oils that meet this description incorporate both trait-enhanced varieties like high-oleic sunflower or soybean and organically happening high-oleic acid variants like olive oil. Moreover, oil with a high oleic content is offers greater protection from oxidation. Fresh baked goods and packaged foods have a longer shelf life because of this resistance.
High oleic oil shortening that has been enzymatically interesterified produces baked goods with higher oxidative stability, similar to items manufactured with partly hydrogenated oils, according to functionality testing. Further, the neutral flavour profile of high oleic oil permits the natural and actual flavours of products to shine through. The improved utility of high oleic oil among the food industry is expected to contribute to the high oleic oil market growth across the globe.
The oil has various health and beauty advantages like reduction of nausea, better job performance through reduced stress, increased attentiveness, improved mood as well as reduced pain and anxiety. This is further expected to propel the market demand for high oleic oil in the coming years. Due to its omega-6 and omega-3 fatty acid concentration, high oleic oil is likely to gain popularity as the risk of cardiovascular disease increases.
The high oleic oil market is expected to witness significant growth across the globe during the forecast period on account of an increase in the demand for personal care products such as cosmetics. It is used to aid in stopping wrinkles, pimples, fine lines, and acne. The high oleic oil is expected to become a significant ingredient among personal care products owing to the high vitamin and other cosmetic characteristics in it which further expected to propel the market growth.
Market Segmentation
The market can be divided on the basis of oil type, source, application, and region.
Based on oil type, the market is divided into:
•Sunflower Oil
•Canola Oil / Rapeseed Oil
•Safflower Oil
•Soybean Oil
•Others
Based on source, the market can be categorised into:
•GM
•Non-GM / Conventional
•Organic Certified
By application, the high oleic oil market can be segmented into:
•Food Processing
•Biofuel
•Others
Market Breakup by Region
•North America
•Latin America
•Asia Pacific
•Europe
•Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global high oleic oil market. Some of the major key players explored in the report by Expert Market Research are as follows:
•Archer Daniels Midland Company
•Cargill, Incorporated
•Marbacher Ölmühle GmbH
•Colorado Mills LLC
•Adams Group
•Others
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Browse our full report with Table of Content : https://www.bharatbook.com/report/1372590/global-high-oleic-oil-market-report-and-forecast
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