Market Size of Europe Fats and Oil Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.35 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Fats and Oils Market Analysis
Europe Fats and Oil Market are expected to grow at a CAGR of 3.35 over the forecast period (2020-2025).
- Amidst rising concerns, consumers are increasingly shifting toward natural alternatives in order to avoid conventional beauty products, which has conclusively raised the demand for products formulated with natural ingredients, including specialty fats, such as cocoa and shea butter, for their excellent emollient properties.
- Owing to several heart risks, associated with partially-hydrogenated vegetable fats and their by-products, various governments around the world are repositioning their policies and rolling outlaws to limit the usage of the same. This reflects the hindered growth of the market in the near future.