Global specialty fats & oils market is projected to reach USD 4 Billion by 2025, growing at a CAGR of over 8% during 2021-2025 due to rising income, growing purchasing power, growing demand for processed food and growing middle class population.

Global specialty fats & oils market is segmented based on type, form, functionality, application and region. Based on application, the specialty fats & oils market is segmented into chocolates & confectioneries, bakery products, processed foods, and dairy products. Bakery products segment dominated the market in 2019 due to increasing production and consumption of ultra-processed food, mainly bakery products such as bread, pastries, cakes, and cookies. 

Based on form, the dry segment accounted for the largest market share followed by the liquid segment. Regionally, Asia Pacific region is predictable to account for the largest share due to rising purchasing power, rapid growth of the middle-class population, and consumer demand for processed products. 

Some of the leading players in the global specialty fats & oils market are Wilmar International, Cargill, Musim Mas, International Foodstuff Company Limited (IFFCO), Bunge, AAK AB, IoI Group, Mewah International, Fuji Oil, D&L Industries.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyse and forecast the market size of Specialty Fats & Oils Market, in terms of value & volume.
  • To classify and forecast Global Specialty Fats & Oils Market based on type, form, functionality, application and regional distribution.
  • To identify drivers and challenges for Global Specialty Fats & Oils Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Specialty Fats & Oils Market.
  • To conduct the pricing analysis for Specialty Fats & Oils Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Specialty Fats & Oils Market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Specialty Fats & Oils Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Specialty Fats & Oils manufacturers
  • Raw Material Supplier
  • End Users
  • Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Specialty Fats & Oils Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Specialty Fats & Oils Market, By Type:
    • Specialty Fats
      • Cocoa Butter Equivalents
      • Cocoa Butter Improvers
      • Cocoa Butter Replacers
      • Dairy Fat Replacers
      • Others
    • Specialty Oils
      • Palm Oil
      • Coconut Oil
      • Soybean Oil
      • Rapeseed Oil
      • Others
  • Global Specialty Fats & Oils Market, By Form:
    • Dry
    • Liquid
  • Global Specialty Fats & Oils Market, By Functionality:
    • Molding
    • Texturing
    • Filling
    • Coating
    • Health
    • Others
  • Global Specialty Fats & Oils Market, By Application:
    • Chocolates & Confectioneries
    • Processed Foods
    • Bakery Products
    • Dairy Products
    • Others
  •  Global Specialty Fats & Oils Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Specialty Fats & Oils Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.
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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Specialty Fats & Oils Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Product Awareness

5.2.  Brand Recall

5.3.  Brand Awareness

5.4.  Product Pricing

5.5.  Challenges & Unmet Needs

6.    Global Specialty Fats & Oils Market Overview 

7.    Global Specialty Fats & Oils Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type (Specialty Fats and Specialty Oils)

7.2.2.     By Form (Dry and Liquid)

7.2.3.     By Functionality (Molding, Texturing, Filling, Coating, Health and Others)

7.2.4.     By Application (Chocolates & Confectioneries, Processed Foods, Bakery Products, Dairy Products and Others)

7.2.5.     By Region

7.3.  Market Attractiveness Index

8.    Asia-Pacific Specialty Fats & Oils Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Functionality

8.2.3.     By Application

8.2.4.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Specialty Fats & Oils Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Type

8.4.1.2.2.             By Application

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Specialty Fats & Oils Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Type

8.4.2.2.2.             By Application

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Specialty Fats & Oils Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Type

8.4.3.2.2.             By Application

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Specialty Fats & Oils Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Type

8.4.4.2.2.             By Application

8.4.4.3.         Market Attractiveness Index

8.4.5.     Australia Specialty Fats & Oils Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Type

8.4.5.2.2.             By Application

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Specialty Fats & Oils Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Type

8.4.6.2.2.             By Application

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Specialty Fats & Oils Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Type

8.4.7.2.2.             By Application

8.4.7.3.         Market Attractiveness Index

9.    Europe & CIS Specialty Fats & Oils Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Functionality

9.2.3.     By Application

9.2.4.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Specialty Fats & Oils Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Type

9.4.1.2.2.             By Application

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Specialty Fats & Oils Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Type

9.4.2.2.2.             By Application

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Specialty Fats & Oils Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Type

9.4.3.2.2.             By Application

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Specialty Fats & Oils Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Type

9.4.4.2.2.             By Application

9.4.4.3.         Market Attractiveness Index

9.4.5.     Spain Specialty Fats & Oils Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Type

9.4.5.2.2.             By Application

9.4.5.3.         Market Attractiveness Index

10.  North America Specialty Fats & Oils Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Functionality

10.2.3.  By Application

10.2.4.  By Country

10.3.              Market Attractiveness Index

10.4.              North America: Country Analysis

10.4.1.  United States Specialty Fats & Oils Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Type

10.4.1.2.2.           By Application

10.4.1.3.      Market Attractiveness Index

10.4.2.  Mexico Specialty Fats & Oils Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Type

10.4.2.2.2.           By Application

10.4.2.3.      Market Attractiveness Index

10.4.3.  Canada Specialty Fats & Oils Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Type

10.4.3.2.2.           By Application

10.4.3.3.      Market Attractiveness Index

11.  South America Specialty Fats & Oils Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Functionality

11.2.3.  By Application

11.2.4.  By Country

11.3.              Market Attractiveness Index

11.3.1.  Brazil Specialty Fats & Oils Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Application

11.3.1.3.      Market Attractiveness Index

11.3.2.  Argentina Specialty Fats & Oils Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Application

11.3.2.3.      Market Attractiveness Index

11.3.3.  Colombia Specialty Fats & Oils Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Application

11.3.3.3.      Market Attractiveness Index

12.  Middle East and Africa Specialty Fats & Oils Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Type

12.2.2.  By Functionality

12.2.3.  By Application

12.2.4.  By Country

12.3.              Market Attractiveness Index

12.4.              MEA: Country Analysis

12.4.1.  South Africa Specialty Fats & Oils Market Outlook

12.4.1.1.      Market Size & Forecast

12.4.1.1.1.           By Value & Volume

12.4.1.2.      Market Share & Forecast

12.4.1.2.1.           By Type

12.4.1.2.2.           By Application

12.4.1.3.      Market Attractiveness Index

12.4.2.  Saudi Arabia Specialty Fats & Oils Market Outlook

12.4.2.1.      Market Size & Forecast

12.4.2.1.1.           By Value & Volume

12.4.2.2.      Market Share & Forecast

12.4.2.2.1.           By Type

12.4.2.2.2.           By Application

12.4.2.3.      Market Attractiveness Index

12.4.3.  UAE Specialty Fats & Oils Market Outlook

12.4.3.1.      Market Size & Forecast

12.4.3.1.1.           By Value & Volume

12.4.3.2.      Market Share & Forecast

12.4.3.2.1.           By Type

12.4.3.2.2.           By Application

12.4.3.3.      Market Attractiveness Index

12.4.4.  Qatar Specialty Fats & Oils Market Outlook

12.4.4.1.      Market Size & Forecast

12.4.4.1.1.           By Value & Volume

12.4.4.2.      Market Share & Forecast

12.4.4.2.1.           By Type

12.4.4.2.2.           By Application

12.4.4.3.      Market Attractiveness Index

13.  Supply Chain Analysis

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Market Trends & Developments

16.  Policy & Regulatory Landscape

17.  Competitive Landscape

17.1.              Competition Outlook

17.2.              Company Profiles (Top 10 Companies)

17.2.1.  Wilmar International

17.2.2.  Cargill

17.2.3.  Musim Mas

17.2.4.  International Foodstuff Company Limited (IFFCO)

17.2.5.  Bunge

17.2.6.  AAK AB

17.2.7.  Iol Group

17.2.8.  Mewah International

17.2.9.  Fuji Oil

17.2.10.                D&L Industries

Strategic Recommendation

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