Global Trait Enhanced Oils Market Size study, By Type (Canola Trait-Enhanced Oils, Sunflower Trait-Enhanced Oils, Soybean Trait-Enhanced Oils, Other), By Application (Baking, Frying, Confectionary and Snacks, Other), and Regional Forecasts 2022-2028
Global Trait Enhanced Oils Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Trait Enhanced Oils are extracted from different sources such as rapeseed, sunflower seed, soy, cotton, palm kernel, copra, and canola. Trait enhanced oils offers several benefits such as increased oxidative stability, increased shelf-life foods, and reduced levels of saturated fat among others. The growing functional food and beverage industry and increasing number of health conscious individuals as well as surging consumption of ready to eat food products are factors that are accelerating the global market demand. For instance, according to Statista – in 2021, the global functional foods and beverage market was valued at USD 281.14 billion, and this amount is projected to grow by CAGR of 9.5 percent between 2021 and 2028 to reach to USD 500 billion by end of 2028. Furthermore, as per Statista – as of 2022, revenue in Ready-to-Eat Meals segment is estimated at USD 510 billion, and the market is projected to grow by CAGR of 6.20% between 2022 and 2027 to reach to USD 688.96 billion by end of 2027. Also, growing cosmetics and personal care industry and increasing usage of high oleic oils in the healthcare sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, premium pricing of Trait Enhanced Oils impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Trait Enhanced Oils Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for organic products and increasing consumption of ready to eat food products in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing expansion of automotive sector and rising cosmetics sector in the region, would create lucrative growth prospects for the global Trait Enhanced Oils Market across the Asia Pacific region.
Major market players included in this report are:
DragonWave
Archer Daniels Midland Company
Huawei Technologies
Bayer Cropscience AG
Syngenta AG
Burrus Seed Farm
Hefei Fengle Seed Co. Ltd.
Ericsson
Dow Agrosciences LLC.
E. I. du Pont de Nemours and Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Canola Trait-Enhanced Oils
Sunflower Trait-Enhanced Oils
Soybean Trait-Enhanced Oils
Other
By Application:
Baking
Frying
Confectionary and Snacks
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Trait Enhanced Oils Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
DragonWave
Archer Daniels Midland Company
Huawei Technologies
Bayer Cropscience AG
Syngenta AG
Burrus Seed Farm
Hefei Fengle Seed Co. Ltd.
Ericsson
Dow Agrosciences LLC.
E. I. du Pont de Nemours and Company
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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