Middle East Vegetable Oil Market Size, Analysis, Growth, Future, Trends Analysis 2022-2027
The "Middle East Vegetable Oil Market Analysis, 2027" is one of MarkNtel Advisors' most recent reports, and it provides a detail-driven examination of the industry's present and future scenarios, taking into account, among other things, market size, geographical shares, main rivals, challenges, opportunities, and threats.
What Size Is the Market for Middle East Vegetable Oil?
According to the study, the Middle East Vegetable Oil Market is set to register around 2.85% CAGR during 2022-27. With this report, our domain-specific experts & dedicated analysts aim to provide stakeholders with detailed insights into the constant fluctuations in the market growth trajectory and what to expect in the forecasted period, helping them thrive in the industry.
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What are the industry's growth prospects and current trends/drivers/challenges/restraints for Middle East Vegetable Oil?
Rise in the Prevalence of Chronic Disease - With the increasing number of chronic diseases such as cancer, diabetes, heart disease, and kidney disorder in the region has positively impacted the demand for a healthy lifestyle. Some major countries with a large population, such as Saudi Arabia, Egypt, Turkey, etc., have reported an increase in chronic disease patients. According to General Authority for Statistics, in Saudi Arabia, the total number of patients requiring dialysis was approximately 15,500 in 2015, which rose to nearly 20,000 in the year 2020. Consequently, the consumer is inclined toward adopting a healthy lifestyle as a remedy for curing gastrointestinal diseases, obesity, fatty liver disease, and gastroesophageal reflux disease (GERD).
In addition, the regular use of olive oil & other vegetable oils resulted in decreasing the risk for the development of cancer & obesity. Moreover, olive oil is helpful in increasing metabolism in obese consumers due to its phenolic composites, substances with antioxidant, anti-inflammatory, and anti-clotting properties, which help increase metabolic rate. Therefore, rising health consciousness amongst the consumers is driving the growth of the Vegetable Oil market.
Key Segments and Geographical Analysis of Middle East Vegetable Oil Market
This report's part aims to give stakeholders insights into fast-growing markets and assist them in developing winning business plans to stay competitive. Technical trends, downstream and upstream value chain analysis, Porter's five forces analysis, and market forecasts for specific areas and nations are some of the key factors taken into account. Following is a segmentation of the Middle East Vegetable Oil Market:
- By Type of Oil
- Palm
- Soybean
- Sunflower
- Coconut
- Olive
- Corn Oil
- Linseed
- Mustard
- Sesame
- Others (peanut, cotton, pumpkin seed oil, canola, grape seed, rice bran, hazelnut)
- By Application
- Food
- Feed
- Industrial
- By Packaging
- Cans
- Bottles
- Pouches
- Others
Geographically, the Middle East Vegetable Oil Market encompasses the following countries:
- UAE
- Saudi Arabia
- Iran
- Qatar
- Kuwait
- Oman
- Bahrain
- Egypt
- Jordan
- The Syrian Arab Republic
- Israel
- Lebanon
- Others
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Competitive Landscape of Middle East Vegetable Oil Industry:
In this section, the authors of the report conduct a comprehensive analysis of major companies operating in the Middle East Vegetable Oil Market. They discuss the companies' strategies, latest developments, expansion plans, product and service portfolios, mergers and acquisitions, as well as opportunities for increasing profit margins. The report highlights the following prominent Middle East Vegetable Oil companies:
- Near East Olive Product
- Abu Dhabi Vegetable oil, Co.
- United Foods Company
- Savola Group
- IFFCO Group
- Rafael Salgado S.A
- Cargill Incorporated
- Amira Nature Foods Ltd.
- Archer-Daniels –Midland Company
- Sime Darby Plantation Berhad
We vigilant in monitoring market trends and the industry's response geographically. We also provide estimates of the latest market trends and forecasts, taking into account the potential impact of the market.
Note: We also offer customized reports tailored to the specific requirements of our clients, which incorporate reliable insights into the market dynamics in a particular segment, geographic location, or a competitor.
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