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Trait Enhanced Oils Market By Source (Soya Seed, Canola, Copra, Palm Kernel, Sunflower Seed, Corn, Cotton Seed, Peanut, Rape Seed) By End Use (Food & Beverages Industry, Dietary Products, Animal Feeds, Lubricants, Adhesives, Plastic, Foam) - Growth, Future Prospects, And Competitive Analysis, 2016 -2028

About this report

The global Trait Enhanced Oils Market report explores the critical analysis of the Trait Enhanced Oils industry using key parameters. The report consists of investment strategies, the need for investments in the Trait Enhanced Oils industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Trait Enhanced Oils industry and how economic and non-economic barriers are helping the Trait Enhanced Oils market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

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Key Highlights of the report

How are the major segments performing in the Trait Enhanced Oils Market?

In 2021, the soya seed segment will be the leading segment by Source. Demand is anticipated to rise as people become more aware of healthy cooking options worldwide, particularly in Asia, where soybean production has increased significantly over the past ten years.

In 2021, the food & beverages industry will be the leading end-use segment. Trait enhanced oils are used for different applications in the food & beverages industry, such as baking and frying different food products and producing different snacks. At the same time, industrial growth in the food and beverages industry will positively affect the demand of trait enhanced oils market.

Which region dominated the Trait Enhanced Oils Market?

In 2021, North America was anticipated to have the lion's share of the global market for trait-enhanced oil, followed by Europe and Asian nations. By the end of the forecast period, this is anticipated to continue to hold the top spot in the global trait-enhanced oils market, despite a slight decline in market share caused by the expansion of production facilities and the commercialization of goods in other developing regions, such as Latin America and the Middle East & Africa.

What is the competitive environment of the Trait Enhanced Oils Market?

The trait enhanced oil industry's competitive environment offers information on the total economic profit made by suppliers and businesses, the sales and revenues produced in this sector, the trait enhanced oil market share globally, the business organization overview, the introduction of new products, and the opportunities for the trait enhanced oil market. Major competitors are focused on development and innovation to gain a competitive advantage. For instance, Dow AgroSciences signed a lease with Browning for expanded research labs and offices at Northwest Technology Center in Indianapolis. The 80,000-square-foot structure will house growth-fueling innovation.

Executive Summary

What are the Technical developments being developed in the Trait Enhanced Oils Market?

Organic and cold-pressed oils have gained prominence in the oil market and are quickly becoming one of the most sought-after enterprises in the oil and fats sector. While organic oil labels do not specify any pesticides or chemicals used in its extraction, labels for cold-pressed oil do. Despite the apparent differences between the two processes, it is crucial to realize that only the tools and methodology may differentiate them. It is past due for more oil processing businesses to take notice of the shifting consumer demand and join the trend.

Which are the key investments by the players in the Trait Enhanced Oils Market?

The key player makes various investments throughout the market through product launches, agreements, and expansion. For instance, Enlist E3TM soybeans were commercially released in Brazil, Canada, and the US starting in 2019, according to plans released by Corteva AgriscienceTM, the Agriculture Division of DowDuPont (NYSE: DWDP). The company has made plans to expand the distribution of Qrome® products throughout the Corn Belt of the United States. In 2009, Dow AgroSciences and NemGenix established a new collaboration in plant biotechnology.

Some of the major players in the market are DragonWave, Archer Daniels Midland Company, Huawei Technologies, Bayer Cropscience AG, Syngenta AG, Burrus Seed Farm, Hefei Fengle Seed Co. Ltd., Ericsson, Dow Agrosciences LLC., E. I. du Pont de Nemours and Company, Krishidhan Seeds Pvt. Ltd., Hefei Fengle Seed Co. Ltd., and others.                

What are the Major Driving Factors for the Trait Enhanced Oils Market?

Rapeseed, sunflower seed, soy, cotton, palm kernel, copra, and canola are the principal sources of trait-enhanced oils. These can completely remove all fatty acids from food, enabling individuals to lead healthy lives. Like many other vegetable oils, trait-enhanced oils are becoming very popular worldwide. In wealthy and developing economies alike, these are gradually replacing high-fat oils. Future years are expected to see a rise in the sales of oils with trait enhancement due to the variety of health benefits they offer, including increased functionality. These also include amino acids, which are essential to the existence of living things. Additionally, a rise in health-conscious consumers and a high demand for cutting-edge nutritional supplements made with natural components are predicted to support growth. 

What are the Major Risks for the Trait Enhanced Oils Market?

Although the demand for cosmetics and personal care items containing organic ingredients is expanding quickly, in developing nations, few individuals can afford such items due to their high cost. On top of that, future sales of trait-enhanced oils may be hampered by consumers' ignorance of the nutrient-dense foods and beverages offered in these areas.

The soya seed sector dominated the Trait Enhanced Oils market in 2021. Due to their high quantities of Omega-fatty acids (OFA), which have been discovered to be good for human health without altering flavor profile or color features like saturated fats do, soybean trait-enhanced oils are widely used in the food sector for frying, baking, and confectionery applications. In various parts of the world, especially the Asia Pacific, where soybean output has increased significantly over the past ten years, demand is anticipated to rise as people become more aware of the availability of healthy cooking options.

How is the Trait Enhanced Oils Market performing in regions?

The main market for trait enhanced oils was North America in 2021. Growing consumer knowledge of healthy baking and cooking, introducing new products, and regional regulations on trans-fat levels have contributed to this market's rise. Regulations to limit the consumption of trans fats in restaurants or schools have also encouraged the use of these oils, which are free of such substances. In terms of consumption and value, the Latin American region is the second-largest market for trait-enhanced oils, driven by consumers' growing preference for healthier food options in a variety of nations, including Mexico, which over the past ten years has made sizable investments to upgrade its food production facilities and quality standards. Due to rising consumer awareness of good eating practices and their implications on health, the demand in this region will be boosted by launching new products like baking oils free of trans fat or high cholesterol. The use and value of trait-enhanced oils are the third-largest in Europe. Due to rising consumer awareness of good eating practices and their implications on health, the demand in this region will be boosted by launching new products like baking oils free of trans fat or high cholesterol.

Regarding consumption and value, the Asia Pacific region is the fourth-largest market for trait-enhanced oils. Due to rising consumer awareness of good eating practices and their effects on health, the market will grow due to new product releases like baking oils devoid of trans fat or high cholesterol. Rising income levels also present chances for producers of goods with reduced saturated fat contents, such as soybean oil with trait enhancements that may be used more frequently to lower blood pressure or sunflower oil utilized in confectionery applications.

What is the regulatory landscape for the Trait Enhanced Oils Market?

The regulatory landscape for this market is that governments regulate the manufacturing process and ingredients of trait enhanced oils through different regional organizations. For instance, FDA in US monitors the manufacturing process and the properties of edible oil and trait enhanced oil before it is launched in the market for regular consumption.

What is the Market Size of the Trait Enhanced Oils regarding value?

The global Trait Enhanced Oils Market is anticipated to grow at a substantial CAGR of 4.5% in the upcoming years. The global Trait Enhanced Oils industry was estimated to be worth USD 4.5 billion in 2021 and was expected to be worth USD 5.9 billion by 2028.

What are major players planning for the future of the Trait Enhanced Oils Market?

The key players in the Trait Enhanced Oils market are investing heavily in developing trait enhanced oils and expanding in different markets. Additionally, the future scenarios indicate that well-known market players would make major investments in medium-sized businesses to provide effective solutions to the industry. There are high predictions that the major players will acquire or merge with the major companies to gain a competitive edge.

Segmentation of Global Trait Enhanced Oils Market-

Global Trait Enhanced Oils Market – By Source

  • Soya Seed
  • Canola
  • Copra
  • Palm Kernel
  • Sunflower Seed
  • Corn
  • Cotton Seed
  • Peanut
  • Rape Seed

 Global Trait Enhanced Oils Market – By End Use

  • Food & Beverages Industry
  • Dietary Products
  • Animal Feeds
  • Lubricants
  • Adhesives
  • Plastic
  • Foam
  • Health Care
  • Personal Care
  • Skin & Hair Creams
  • Massage
  • Aromatherapy
  • Cosmetics
  • Nail Care

Global Trait Enhanced Oils Market – By Region

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global trait enhanced oils market.

The COVID-19 pandemic in several industries has significantly impacted all worldwide economies. It had a tremendous effect on the Trait-enhanced Oils market, forcing most companies to restructure and change their business strategies in reaction to the outbreak.

North America accounted for the highest global trait enhanced oils market share.

Increasing awareness regarding healthy food products and increasing application of trait enhanced oils in the food and beverages industry are the major factors driving the market's growth.

Soya seed had a major share in 2021 of the market revenue.

The food and beverages segment had a major share in the global market in 2021 and is projected to continue its dominance over the forecast period.

Trait Enhanced Oils Market Scope

Report Attribute Details
Market Value in 2021 USD 4.5 billion
Market Value in 2028 USD 5.9 billion
CAGR 4.5%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Oct 2022
Category:  Chemicals
Report ID:   60720
Report Format:   PDF
Pages:   120
Rating:    4.3 (50)
Delivery Time: 24 Hours to 48 Hours   
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