MarkNtel Advisors has just released a comprehensive research report on the Middle East Vegetable Oil Market. Tailored to provide valuable insights and assistance to clients navigating this dynamic market, our report addresses the key objectives of predicting trends, gaining a profound understanding of market perspectives, identifying strategic investment opportunities, and evaluating potential business partners. By adopting a meticulous approach, we aim to empower our clients with the information needed to make informed decisions, enabling them to thrive in the ever-evolving landscape of the Middle East Vegetable Oil industry.
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The Middle East Vegetable Oil Market is anticipated to register around 2.85% CAGR in terms of quantity sold during the forecast period, 2022-27. Numerous factors backing the market growth have been comprehensively analyzed in the research report, making it feasible for clients to put their best leg forward and ensure they get an edge over competitors. We understand how important data is in this modern world, which is why we have meticulously curated data sheets for each segment of the market.
The Middle East Vegetable Oil market is highly robust and fragmented. Citing this, we have segregated the market into numerous segments, such as
By Type of Oil
-Palm
-Soybean
-Sunflower
-Coconut
-Olive
-Corn Oil
-Linseed
-Mustard
-Sesame
-Others (peanut, cotton, pumpkin seed oil, canola, grape seed, rice bran, hazelnut)
By Application
-Food
-Feed
-Industrial
By Packaging
-Cans
-Bottles
-Pouches
-Others
By Country
-UAE
-Saudi Arabia
-Iran
-Qatar
-Kuwait
-Oman
-Bahrain
-Egypt
-Jordan
-The Syrian Arab Republic
-Israel
-Lebanon
-Others.
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These segments are further subdivided into various sub-segments. It is done to identify the sub-segment that is more promising and has the highest market share in order to leverage the maximum profit. Knowing beforehand the lucrative segment of the market would make the client stand out in terms of revenue and sales.
Considering the significance of mergers and partnerships for Middle East Vegetable Oil businesses, our analysts have effectively identified and evaluated potential business partners in the Middle East Vegetable Oil market report. As per the report, the key players in the market are
-Near East Olive Product
-Abu Dhabi Vegetable oil, Co.
-United Foods Company
-Savola Group
-IFFCO Group
-Rafael Salgado S.A
-Cargill Incorporated
-Amira Nature Foods Ltd.
-Archer-Daniels –Midland Company
-Sime Darby Plantation Berhad.
Our report delves deeper in an attempt to offer actionable insights into prospective partners’ reputability, reliability, and capabilities. Clients can make informed decisions regarding partnerships, ensuring their vision is in line with the partnering entities and fostering business objectives within the Middle East Vegetable Oil market.
Taking into account the historical trends, market growth graph, consumer preferences, and other factors, the ascension of the Middle East Vegetable Oil market is inevitable. The market for Middle East Vegetable Oil seems opportunistic during the forecast years of 2022-27, backed by favorable regulations, making the market players thrive in the next five years.
Key Drivers: Rise in the Prevalence of Chronic Disease
With the increasing number of chronic diseases such as cancer, diabetes, heart disease, and kidney disorder in the region has positively impacted the demand for a healthy lifestyle. Some major countries with a large population, such as Saudi Arabia, Egypt, Turkey, etc., have reported an increase in chronic disease patients. According to General Authority for Statistics, in Saudi Arabia, the total number of patients requiring dialysis was approximately 15,500 in 2015, which rose to nearly 20,000 in the year 2020. Consequently, the consumer is inclined toward adopting a healthy lifestyle as a remedy for curing gastrointestinal diseases, obesity, fatty liver disease, and gastroesophageal reflux disease (GERD).
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