Europe Vegetable Oil Market Research Report published by market insight reports explores the current outlook in Europe and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the Europe market, and divides the Market into several parameters.
This Vegetable Oil Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the Europe market for approaching years from 2019 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.
Europe Vegetable Oil Market is projected to grow at a CAGR of 3.15% during the forecast period 2020-2025.
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The prominent players in the Europe Vegetable Oil Market:
Cargill, Incorporated, Fuji Oil Holding Inc., Archer Daniels Midland Company, Avril Group, EFKO Group and Others.
Key Market Trends: –
Supportive Policies on Vegetable Oil Usage in European Region
EUs consumption of vegetable oil in biofuel has been largely driven by the Renewable Energy Directive (RED). This directive, established in 2009, requires 10% of the energy consumption in road and rail transport in 2020 to be from renewable sources. EU Member States (countries) are required to implement this target with national laws and incentives, such as blending mandates. Palm oil contributes around 20% to the production of biodiesel (fatty acid methyl ester) and renewable diesel (hydrotreated vegetable oil) in the EU. The other major feedstocks for producing diesel substitutes are rapeseed, used in cooking oil and animal fats.
Germany Holds the Largest Market Share
After Canada, Germany is believed to the largest producer of rapeseed oil across the world. Based on its nutritionally well-balanced composition, rapeseed oil has become one of the most common vegetable oils in Germany and all over Europe. It is used as salad and cooking oil on a large scale and serves as an oil component in margarine, mayonnaise, and dressings. The non-food industry is also interested in rapeseed oil. It is used in energy productions, such as biofuels, and serves as an environment-friendly additive in lubricants. Germany is among one of the largest European markets for olive oil. Total consumption is high and stable. Moreover, the market offers good opportunities for organic olive oil. Most consumption in Germany is for virgin olive oil, this, in turn, boosts the demand for vegetable oil in the country.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Vegetable Oil Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Vegetable Oil Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Browse in-depth and report summary TOC on “Vegetable Oil Market”:
Finally, the Vegetable Oil market report offers a complete and detailed study of Europe Vegetable Oil market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.
Note: – All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.