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Partially Hydrogenated Oil Market Outlook
Shelf life is one of the prime concern among the food manufacturers and investing a major share of their capital in research and development to bring new and innovative ingredient in their production line. Partially hydrogenated oil is one of the major alternatives among the food manufacturers to enhance the shelf of their food products. Generally, oils are in the liquid state at room temperature which is altered by adding hydrogen atom. Adding hydrogen make oils more solid and more suitable to use in various end-use products such as bakery, biscuits, and others. The use of partially hydrogenated oil in foodstuffs tends to extend their shelf life. Also, it is used to prolong the stability and shelf life of flavors as flavors are very unstable and volatile. Instability of flavors leads to deterioration followed by rancidity and generation of off-taste from the foodstuff.
As partially hydrogenated oil market is well established with defined application in various sectors, the price of partially hydrogenated is stable. Partially hydrogenated oil is available in three grades such as food grade, feed grade, and pharmaceutical grade. As pharmaceutical grade is of high quality, their prices are also higher than other grades.
Increasing Demand for Biodiesel Is Propelling the Demand of Partially Hydrogenated Fat
Research and development have become one of the key parts of the partially hydrogenated oil market. Manufacturers are actively focusing on the development of processes that allow preservation of the optimal quality of flavor used in food items. Also, manufacturers are adopting advanced technologies that help in boosting the commercial value of partially hydrogenated oil without compromising on the quality. Such innovations are allowing the partially hydrogenated oil industry to explore opportunities in categories such as biodiesel production. In recent years, manufacturers and food brands are increasingly collaborating and entering into partnerships to find new application areas. Further, greater emphasis is being placed on identifying and determining the characteristics and quality of partially hydrogenated oil. On the other hand, partially hydrogenated oils are under scrutiny since last decade due to their proved role in the creation of trans fatty acids. Trans fatty acids are linked to cardiovascular diseases as trans-fat increase cholesterol level in the blood. To reduce cardiovascular disease instances, Food and Drug Administration (FDA) declared that partially hydrogenated oils are no longer considered as generally recognized as safe (SAFE). To minimize the increasing controversy over-application of partially hydrogenated oil, FDA finalized that PHO’s can only be used after the FDA approval.
Partially Hydrogenated Oil Market: Key Participants
The key players in the global Partially Hydrogenated Oil market are:
- Mewah Group
- IOI Loders Croklaan
- Sarawak Oil Palms
- Kavya International
- Wilmar International Ltd
- Golden Agri-Resources Ltd
- Berhad Group Of Companies
- Sime Darby Hudson
- Mectech Process Engineers Pvt. Ltd
- Others
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The report covers exhaustive analysis on:
- Partially Hydrogenated Oil Market Segments
- Partially Hydrogenated Oil Market Dynamics
- Partially Hydrogenated Oil Market Size
- Partially Hydrogenated Oil Supply and Demand
- Current Trends/Issues/Challenges pertaining to Partially Hydrogenated Oil Market
- Competition Landscape and Emerging Market Participants in Partially Hydrogenated Oil Market
- Technology related to Production/Processing of Partially Hydrogenated Oil
- Value Chain Analysis of the Partially Hydrogenated Oil Market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The partially hydrogenated oil market can be segmented based on nature, grade, application, end-use, and sales channel.
Based on nature, the partially hydrogenated oil market can be segmented as:
- Organic
- Conventional
Based on grade, the partially hydrogenated oil market can be segmented as:
- Food Grade
- Feed Grade
- Pharmaceutical Grade
Based on application, the partially hydrogenated oil market can be segmented as:
- Surface Coating
- Lubricants
Based on end-use, the partially hydrogenated oil market can be segmented as:
- Food and Beverages
- Bakery
- Dairy
- Snacks and Confectionary
- Cosmetics and Personal Care
- Animal Feed Industry
- Biodiesel
- Plastics
Based on distribution channel, the partially hydrogenated oil market can be segmented as:
- Direct (B2B)
- Indirect (B2C)
- Hypermarkets/Supermarkets
- Specialty Stores
- Modern Grocery Stores
- Online Stores
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Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the Partially Hydrogenated Oil market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the Partially Hydrogenated Oil market
- Competitive landscape of the Partially Hydrogenated Oil market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Partially Hydrogenated Oil market performance
- Must-have information for Partially Hydrogenated Oil market players to sustain and enhance their market footprint
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