Vetiver Oil Market: Organic Seems to be Growing at a Faster Rate

The global vetiver oil market is expected to reflect a CAGR of 4.0% during the period of forecast, 2017-2022. The growth of the vetiver oil market is impacted by many factors. To name a few, the rising pharmaceutical industry, food and beverage industry, cosmetic industry, perfume industry, growing awareness of the benefits of using vetiver oil, higher disposable income of people who can afford to use spend on cosmetics and on organic or natural medications and so on. The Asia-Pacific excluding Japan (APEJ) region shows average growth considering the global vetiver oil market. However, Europe seems to be the most lucrative region among other regions.

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European region favors the vetiver oil market. it is expected to dominate the global vetiver oil market and grow at a moderate pace during the forecast period of 2017 to 2022. It is the most lucrative region for vetiver oil and reflects higher market attractiveness, followed by Japan

Vetiver Oil Source Type, Organic to Show Higher Growth Rate

The organic sub segment of the source type in vetiver oil market shows a higher growth rate throughout the forecasted period and gains high Base Point Share (BPS) value during the period of forecast whereas the natural sub segment loses Base Point Share during this period. However, the absolute dollar opportunity of natural sub segment is comparatively higher than the organic sub segment, and so i

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The report has projected that companies such as Citrus and Allied Essences Ltd., Bontoux S.A.S, Mountain Rose Herbs, Inc., Aromaaz International, Biolandes, Greenleaf Extractions Private Limited, Plant Therapy Essential Oils, Synthite Industries Ltd, Young Living Essential Oils LC, Green Fields Oil Factory, and IL Health and Beauty Natural Oils Co., Inc will remain active in global expansion of vetiver oil market through 2022.   

Within the form type segment, the blend sub segment is poised to show a higher growth rate throughout the forecast period followed by absolute and blends sub segment of the vetiver oil market. For all the three form types, Europe stays the most lucrative region exhibiting a higher revenue market share compared to other regions.

Food and beverages remains the largest application segment in the period of forecast. Towards the end of the forecasted period, that is by 2022, this segment is expected to show a revenue of almost US$ 200 Mn.

The online sub segment of the distribution channel is expected to grow at a higher rate in the forecasted period. In 2017, the online sub segment reflected a revenue of approximately US$ 74 Mn and is poised to reach more than US$ 90 Mn.

Online Sub Segment Out Paces all Other Distribution Channel Sub Segments

Modern trade, franchise outlets and specialty stores are outpaced by the online sub segment in the distribution channel segment of the global vetiver oil market. The online segment, however, has comparatively lower absolute dollar opportunity as compared to other sub segments. The modern trade sub segment reflects a moderate CAGR, close to yet lower than the online sub segment, but shows a relatively higher absolute dollar opportunity and a higher revenue share among the other sub segments. The online distribution channel is upcoming and in the coming years it is more likely to get a grip in the global vetiver oil market.

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Sunflower Oil Market: Cosmetic Manufacturers to Represent Considerable Demand

Increasing prevalence of cardiac diseases has led to an upsurge in demand for sunflower oil in the healthcare industry globally. Expansion of e-commerce will further impact growth of the global of sunflower oil market positively. According to the report, the global sunflower oil market will register a steady CAGR growth over the forecast period, 2017 – 2022.

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Market Dynamics

Growing prevalence of cardiac diseases, asthma, and arthritis has revved up demand for sunflower oil across the healthcare industry. Majority of the men athletes are prone to dermal infections such as tenia pedis. Sunflower oil witnesses a robust demand in the healthcare industry for the prevention, and treatment of tenia pedis. Such factors are likely to impact global market growth of sunflower oil market significantly during the predicted period.

Apart from application in the healthcare industry, sunflower oil is likely to witness major demand among cosmetic manufacturers. Surge in demand for production of sunscreen, facial masks, and eye creams will contribute towards global market growth of sunflower oil positively throughout 2022. Moreover, sunflower oil witnesses significant demand as frying oil among food manufacturers. This is predicted to impact global market growth of sunflower oil significantly through 2022.

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Segmentation Analysis

Processed sun flower oil among other products will register significant CAGR growth in the global sunflower oil market throughout 2022. The report reveals that processed oil is predicted represent a major revenue share by the end of 2022. Food service among other end users will represent an attractive segment in the sunflower oil market globally during the projected period.

Regional Analysis

Europe among other regions is expected to remain the largest market for sunflower oil globally throughout 2022. According to the report, processed sunflower in Europe will witness significant demand in the foodservice and retail industry. Modern trade in Europe will represent more than US$ 1,000 Mn by the end of 2022. Franchise outlets and online channels will remain major distribution channels for sunflower oil products in Europe.

Food Industry to Witness Significant Demand

Apart from cosmetic and healthcare industry, sunflower oil further witnesses a considerable demand in the food and beverages industry. On the other hand, manufacturers of food products prefer other healthy oil products including olive oil. Availability of substitute oil product is likely to hinder growth of the global sunflower oil market by 2022.

Market Players Operating in the Global Market

Leading manufacturers and distributors in the global sunflower oil market include The Adani Wilmar Ltd., Ruchi Soya Industries Ltd, Associated British Foods (Ach), Archer Daniels Midland Company, Beidahuang Group, Bunge Limited, Borges Mediterranean Group, Cargill Inc., Fuji Vegetable Oil, Inc., Adams Group, American Vegetable Oils, Inc., Olympic Oils Limited, Ach Food Companies, Inc, Marico Limited, and ConAgra Foods (Agrotech Foods Ltd).

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Spearmint Oil Market: Healthcare Industry to Witness Significant Demand

Spearmint oil is used in the treatment of internal wounds, respiratory problems, and indigestion. Healthcare and therapeutic industry also witnesses a considerable demand for spearmint oil. The global spearmint oil market is likely to witness a steady growth attributed to substantial demand in the healthcare and therapeutic industry. Expansion of online channels will impact growth of the global market. The global spearmint oil market is expected to register a moderate CAGR growth, and will represent a market value of US$ 454.4 Mn in 2022.

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Healthcare Industry to Witness Significant Demand

Application of spearmint oil extends beyond the food industry. Attributed to various health-related benefits, this oil witnesses an upsurge in demand for treating indigestion, common cold, and respiratory problems. Spearmint oil is also used as a disinfectant for protecting and healing internal wounds in intestines, stomach, and food pipeline.

 Natural spearmint oil will outsell organic spearmint oil, and will represent a value of over US$ 120 Mn by 2022 – end. Europe will remain the largest market for spearmint oil globally. Natural spearmint oil among other products is expected to reflect the highest CAGR in the global spearmint oil market throughout 2022.

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Rich in antioxidant properties, the spearmint oil witnesses a robust demand in various industries. Increasing prevalence of common cold, indigestion, respiratory problems has led to a boost in demand for spearmint oil in the healthcare industry. Moreover, spearmint is further used for disinfecting internal wound in the food pipeline, stomach and intestine. Apart from treatment of infections and diseases, spearmint oil is likely to witness an upsurge in demand in the cosmetic industry. Attributed to antiseptic and anti-oxidant properties, spearmint oil witnesses a significant demand among cosmetic manufacturers for reducing various skin imperfections and wrinkles.

 Segmentation Analysis

Natural spearmint oil among various products is likely to register a relatively high CAGR growth in the global spearmint oil through 2022. This segment will represent more than US$ 120 Mn in terms of value during the predicted period. Absolute spearmint oil among various product forms is likely to represent the most attractive segment in the global market of spearmint oil market by 2022 – end.

Sales of spearmint oil will witness a significant growth through online portals among other distribution channels. Franchise outlets is expected to register the second highest CAGR growth in the global market of spearmint oil during the projected period. Therapeutic industry among other end users will reflect a relatively high CAGR growth in the global market. However, the food and beverages industry will represent a relatively high growth in terms of revenue by the end of 2022.

Competition Tracking

Companies such as Aromaaz International, DoTERRA International, Lionel Hitchen Essential Oils, Plant Therapy Essential Oils, Synthite Industries Ltd., The Lebermuth Company Inc, Young Living Essential Oils, Green Fields Oil Factory, IL Health and Beauty Natural Oils Co., Inc, and Aksuvital are anticipates to remain active in the expansion of global spearmint oil market.

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Soybean Oil Market: Consumption of Processed Soybean Oil to Remain the Highest

As per the latest study conducted by the Fact.MR, the global market for soybean oil is set to increase at a steady rate over the next five years and reach a valuation in excess of US$ 21,373 Mn by 2022-end. Soybean oil is one of the most common cooking oil, which is used worldwide. Nearly two-third amount of the soybean that is produced across the globe is used for soybean oil production. In the recent years, the global production of soybean oil has surged incessantly owing to its increasing application in the food and beverage industry.

The product is widely used for baking, frying and as a condiment for salads.  Demand for the product is gaining traction owing to its omega-3 fatty acids and polyunsaturated fats content that are beneficial to the health.  Moreover, soybean oil is also used in the manufacturing alkyd resins that are used in inks and oil paints. Soybean oil continue to be a cost-efficient cooking oil, which is readily available in the market. The aforementioned factors are likely to make a positive influence on the global Soybean Oil Market.

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Global Consumption of Processed Soybean Oil to Remain the Highest

The global consumption of processed soybean oil is expected to remain significantly higher as compared to the virgin variant. In addition, sales of processed soybean oil currently account for more than two-third share of the market in terms of revenue and are expected to gain 70 BPS over 2022. Processed soybean oil can be used directly for cooking purposes without any purification or refining obligations, and hence is preferred by most consumers.  On the basis of end use, the retail segment is expected to remain highly attractive throughout the forecast period. Currently, this segment accounts for little over 38% revenue share of the market and projected to reach valuation of US$ 8,156 Mn by 2022. Meanwhile, the foodservice segment is estimated to retain its second spot.

By distribution channel, modern trade will remain the leading segment of the market in 2017 and beyond. This segment currently accounts for around one-third market share in terms of revenue. At the same time, online retail stores are also steadily emerging as key distribution channel for soybean oil.

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Consumption of Soybean oil will Remain Robust in Europe

Europe will remain the leading market for soybean oil over the forecast period. The region’s market is projected to increase at a steady CAGR over 2022.  There is substantial usage of the product both as feed and fuel in the region. Asia Pacific excluding Japan (APEJ) will also continue to be an attractive market for soybean oil owing to its high consumption as well as production in countries such as China and India.

Competition Tracking

Ruchi Soya Industries Ltd, The Adani Wilmar Ltd., Archer Daniels Midland Company, Associated British Foods (Ach), Bunge Limited, Beidahuang Group, Cargill Inc., Borges Mediterranean Group, Adams Group, Fuji Vegetable Oil, Inc., Olympic Oils Limited, American Vegetable Oils, Inc., Marico Limited, Ach Food Companies, Inc, and ConAgra Foods (Agrotech Foods Ltd) are the key companies profiled in the Fact.MR’s report.

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Rose Wine Market: Modern Trade Revenues Twice the Amount of Grocery Store Sales of Rose Wine

Rockvillle, USA, 2019-Mar-26 — /EPR Network/ —  A rising disposable income in emerging economies is anticipated to spur the demand for fine wines, particularly rose wine. Alcohol consumption has grown by leaps and bounds in China and India and both countries have begun to show a marked preference for branded wines. They are even ready to pay considerable premiums for quality rose wines and this is boosted by high-profile celebrity endorsements who function as ‘trendsetters’ or brand builders. Once largely thought of as a female-centric product, men have begun to appreciate the taste, texture, and color of rose wine, making the rose wine market quite exciting in the medium term.

The rose wine market is on track to grow to more than US$ 3.2 billion by the end of the forecast period and witness a modest CAGR of 2.6% from 2017 to 2022.

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Pinot Noir Segment Extremely Attractive in Rose Wine Market

The pinot noir segment represents almost a third of the revenue share in the rose wine market by product type and it is expected to be worth more than US$ 935 million by the end of the forecast period. Companies could target Europe as the region has a long-standing heritage in winemaking, coupled with an affluent population that is well-aware of the taste, texture, and nuances of different types of products available in the rose wines market. Along with Europe, Latin America can be a focus region for key stakeholders in the rose wine market as the region is on track to record the highest CAGR.

Modern Trade Revenues Twice the Amount of Grocery Store Sales of Rose Wine

The modern trade segment is twice the size of grocery stores in the rose wine market and companies are advised to take this into account while planning their distribution strategies. Even though Europe dominates the trade segment by a considerable margin, companies could target either Latin America or the Asia-Pacific excluding Japan (APEJ) region as an increasing focus on retail infrastructure in these fast-growing regions will benefit the rose wine market. In addition to this, both Latin America and APEJ are poised to record a CAGR greater than 3% from 2017-2022 and they are the only two regions expected to do so.

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 The light bodied segment is posed to witness a modest CAGR of 3.3% from the period from 2017 to 2022 and companies would do well to target Europe as it is the only region that is predicted to be worth half a billion dollars by the end of the forecast period. The medium body segment is a market opportunity worth approx. US$ 1.3 billion in end 2022. Key stakeholders in the rose wine market could focus on APEJ as the region can be thought of as a market for the long-term.  

Competition Tracking

The Fact.MR report has profiled the prominent companies’ active in the rose wine market which include Pernod Ricard SA, Bodegas Muga, Trinchero Family Estates, Service Distributing, Treasury Wine Estates Limited, Crimson Wine Group, Accolade Wines Holdings Australia Pty Ltd., Ferngrove Vineyards Limited, Wine Insights Pty Ltd., and Angove Family Winemakers.

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