High oleic oil features a neutral flavor profile, allowing the true and natural flavors of ingredients to stand out. Such increased functionality of high oleic oil in the food industry is expected to aid the expansion of the global high oleic oil market size, which is expected to reach a valuation of US$ 14.4 Bn by 2030-end.
High oleic oil offers superior resistance to oxidation. This resistance extends the shelf life of packaged products and fresh baked goods. The functionality testing of high oleic oil has showed that, enzymatically interesterified high oleic oil shortening produces baked goods with increased oxidative stability, similar to products made with partially hydrogenated oils (PHO). This makes it the perfect drop-in solution for bakery applications.
Request for Free Sample Copy of High Oleic Oil Market @ https://www.persistencemarketresearch.com/samples/24226
Global High Oleic Oil Market: Segmentation
- The global high oleic oil market share is dominated by established markets of North America and Europe, which will have a value share of 30% and 40%, respectively, in the year 2020.
- Europe has already gone through the process of substitution of palm oil with high oleic oil. A large volume of sunflower oil in Italian and Spanish shops are high oleic oil.
- Furthermore, the volume of sunflower oil in Europe is expected to witness 1.6X growth, as food processors are also actively replacing palm oil.
- Asian countries have recently joined the trend of preventive health and well-being. Hence, tier-1 players in the high oleic oil market space are targeting the potential markets of Asia.
- It being a healthy substitute to tradition oils, is expected to open up lucrative opportunities for manufacturers in the Asian market, at an impressive expected value CAGR of nearly 9% in South Asia and 8% in East Asia.
Request For Customization@ https://www.persistencemarketresearch.com/request-customization/24226
Market Research Methodology – Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.
Analysts’ Viewpoint
The global high oleic oil market is expected to witness a value growth of 1.8X over the forecast period, owing to increased usage of high oleic oil for supporting heart health along with imparting a sheen texture to food products. Increased application in personal care cosmetic products is expected to further contribute toward high market growth, with expected volume sales of 299 KT in 2030.
Key players such as Cargill, Incorporated, Archer Daniels Midland Company, and Bunge Limited are focusing on further improving the quality of high oleic oil for increased health and wellness.
Buy Now this Report @https://www.persistencemarketresearch.com/checkout/24226
About Us
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact Us
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com