Market Reports On Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Specialty Fats and Oils Market” under Food category. The Saudi Arabia Specialty Fats and Oils Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
According to “Saudi Arabia Specialty Fats and Oils Market By Type, By Form, By Functionality, By Application, Competition, Forecast and Opportunities, 2024” specialty fats and oils market stood at $ 177 million in 2017 and is projected to reach $ 281 million by 2024 on account of uncertainty in the availability of cocoa butter along with its higher price. This factor is pushing chocolate manufacturers, confectionaries and bakeries to opt for cocoa butter alternatives.
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Moreover, specialty fats and oils have enhanced viscosity, which is the reason for they being highly preferred in manufacturing of confectionery products. Additionally, people are now becoming more conscious about their health and are shifting towards a healthy diet to reduce the risk of cholesterol and cardiac diseases, which is further likely to propel demand for specialty fats and oils across Saudi Arabia over the coming years. Some of the major players operating in Saudi Arabia specialty fats and oils market include Delmon Products Limited (IFFCO), Cargill, Inc, Areej Vegetable Oils and Derivatives S.A.O.C, Wilmar International Limited, Arab Malaysian Vegetable Oil Products Company Limited, Pacific Oils and Fats Industry Sdn Bhd, Mewah International Group, Parisons Group, AAK Kamani Private Limited, Fuji Oil Asia PTE. Limited, etc..
“Saudi Arabia Specialty Fats and Oils Market By Type, By Form, By Functionality, By Application, Competition, Forecast and Opportunities, 2024” discusses the following aspects of Specialty Fats and Oils market in Saudi Arabia:
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The information contained in this report is based upon both primary and secondary research. Primary research included interaction with Specialty Fats and Oils distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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