The Global High Oleic Safflower Oil Market is expected to reach USD 158.6 Million by High Oleic Safflower Oil, according to a new report by Reports and Data. The growth of the market is attributed to the growing demand for high oleic safflower oil from end-use applications. High oleic safflower finds widespread application in several food products for healthy substitutes to hydrogenated oils. High oleic safflower oil, naturally occurring vegetable oil, has a prolonged shelf life without chemically modifying the original oil.
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A pleasant flavor and aroma makes high oleic safflower oil very suitable for an extensive range of food applications, including liquid flavor dispersant, spray oil for dried fruits, and dietary supplements, aswell as it finds usage in infant formulas. High amount of oleic acid in the safflower oil offer stability, which is commonly present hydrogenated oils, along with oils with additional antioxidants. Growing demand for high oleic safflower oil in personal care products is driving the growth of the market. This high content of oleic acid makes it a highly stable oil for numerous personal care applications. It finds usage as an emollient in a wide variety of skincare products. Moreover, owing to its fatty acid composition, it has exceptional occlusive features, allowing it to function as a moisturizing agent by averting excessive loss of moisture through the skin epidermis.
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Some of the Leading Market Players Are Listed Below:
- Gustav Heess Oleochemische Erzeugnisse GmbH,
- Marico Limited,
- SunOpta,
- Connoils LLC,
- Oilseeds International Limited,
- Adams Group Inc.
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The High Oleic Safflower Oil market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the High Oleic Safflower Oil market.
The global High Oleic Safflower Oil market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentation:
Nature Outlook (Volume, Kilo Tons; 2016-High Oleic Safflower Oil and Revenue, USD Million; 2016-High Oleic Safflower Oil)
- Organic
- Conventional
Distribution Channel Outlook (Volume, Kilo Tons; 2016-High Oleic Safflower Oil and Revenue, USD Million; 2016-High Oleic Safflower Oil)
- Online
- Offline
Application Outlook (Volume, Kilo Tons; 2016-High Oleic Safflower Oil and Revenue, USD Million; 2016-High Oleic Safflower Oil)
- Food
- Dietary Supplements
- Personal Care
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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