Overview of the UAE Edible Oil Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors , titled “ UAE Edible Oil Market By Type (Industrial Oil (Linseed Oil, Castor Oil), Vegetable Oils (Canola Oil, Soybean Oil, Olive Oil, Sunflower Oil, Peanut Oil), Animal-Derived Oils (Fish Oil), Palm Oils (Palm Oil, Coconut Oil, Palm Kernel Oil)), By Application (Food, Non-Food Application, Industrial (Biodiesel, Fatty acids Alcohols, Lubricants, Solvents), Other (Animal Feed)), By Extraction Method (Mechanical Extraction, Solvent Extraction, Hydrogenation, Sparging), The UAE Edible Oil Market is projected to grow at a CAGR of around 2.5% during the forecast period, ie, 2021-26 .
UAE Edible Oil Market Growth and Scope:
Base Year: 2020
Forecast Period: 2021-26
Historical Data: 2016-19
CAGR (2021-2026): 2.5%
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Key Driver: Government Bans on the Production of Adulterated Oil
Since adulterated oil severely affects the health of the people, causing several cardiovascular diseases, the government of UAE has imposed bans on its production. It, in turn, has displayed growing sales of Edible Oils and encouraged the leading players to increase the production capacities increase the UAE Edible Oil Market growth in the coming years. Furthermore, since the number of migrants young population is increasing swiftly across the UAE, the demand for Edible Oils, owing to their affordable prices, is anticipated to drive the UAE Edible Oil Market during 2021-26.
A Comprehensive Analysis of Leading Companies of UAE Edible Oil Market by MarkNtel Advisors:
- Iffco Group
- Rafael Salgado S.A.
- Abu Dhabi Vegetable Oil, Co.
- Near East Olive Products
- Cargill, Incorporated
- Amira Nature Foods Ltd
- Omani Vegetable Oils Derivatives Co. LLC.
- AJWA Group
- Archer-Daniels-Midland Company
- Sime Darby Plantation Berhad
Key UAE Edible Oil Market Segmentation:
-By Extraction Method
- Mechanical Extraction
- Solvent Extraction
- Hydrogenation
- Sparging
Of them all, Solvent Extraction dominated the UAE Edible Oil Market with the largest share in recent years.
-By Type
- Industrial Oil
- Vegetable Oil
- Animal-Derived Oil
- Palm Oil
Here, the demand for Vegetable Oils is anticipated to display the fastest growth in the UAE Edible Oil Market during the forecast period.
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-By Application
- Food
- Non-Food Application
- Animal Feed
Geographical Analysis
-By Region
- Dubai
- Abu Dhabi Al Ain
- Sharjah
- Northern Emirates
Key Reports Highlights:
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports across diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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