The global specialty fats and oils market is expected to record a 6% CAGR over the forecast period (2021-2027).
The increase in global production of oils and fats and value-added ingredients across the food and beverage industry, as well as the demand for substitutes and value-added ingredients, is expected to contribute to the growth of sales in the global specialty oils and oils market. The global specialty fats and oils market has grown significantly over the past few years due to the increasing consumption of specialty oils in several industries. Research into the development of specialty fats and oils has increased significantly over the past few years as the demand for value-added ingredients has increased across the food and beverage industry.
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Specialty Fats and Oils Market Segments:
By Type
Specialty Fats
• Cocoa Butter Equivalents (CBE)
• Cocoa Butter Replacers (CBR)
• Cocoa Butter Substitutes (CBS)
• Cocoa Butter Improvers (CBI)
• Milk Fat Replacers (MFR)
• Other Specialty Fats
Specialty Oils
• Soybean Oil
• Rapeseed Oil
• Palm Oil
• Coconut Oil
• Olive Oil
• Other Oils
By Application
• Bakery
• Confectionery
• Dairy Products
• Infant Nutrition
• Other Applications
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
