Nutritional Oil Powder Market to Reach a Valuation of ~US$ 3.2 Bn By 2027; Market to be Driven by Food Processing Industry From 2019 to 2027: Transparency Market Research

- Vegans to drive popularity for nutritional oil powder; propelling growth in the market over the assessment period

- Players operating in the global nutritional oil powder market to focus on product portfolio expansion

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Feb 18, 2020, 03:30 ET

ALBANY, New York, Feb. 18, 2020 /PRNewswire/ -- Finding its place in a number of industries such as nutraceuticals, personal care and cosmetics, food processing, sports nutrition and so on, the global nutritional oil powder market will witness impressive growth over the forecast period of 2019 to 2027.

"The food processing industry accounts for a large share of the market – about 57% of total. Uses in this industry include infant formulas, dairy products, bakery and confectionary goods. Overall, the market would chart a Compound Annual Growth Rate of ~6%, pulling the market valuation up to USD 3.2 bn. by the end of the forecast period – a notable increase from ~USD 2 bn. in 2019", states Transparency Market Research.

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Key Findings of the Nutritional Oil Powder Market Study

Conventional Nature segment to be a prominent contributor to the overall growth of global nutritional oil powder market; in terms of value, it accounts for a 97.8% market share
Soybean Oil Powder segment in product type to emerge as a leading segment, growing at 5%, compounded annually to hold a hefty 27% share of the market by 2027
Food Processing to drive the global nutritional oil powder market onto a high growth trajectory over the assessment period

Explore 149 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Nutritional Oil Powder market by Product Type: Canola Oil Powder, Soybean Oil Powder, Sunflower Oil Powder, Coconut Oil Powder, Palm Oil Powder, Fish Oil Powder, Flaxseed Oil Powder, and Others; Nature: Organic and Conventional; and End Use: Food Processing Industry, Nutraceuticals, Animal Nutrition, Cosmetics & Personal Care, and Sports Nutrition, Forecast 2019 – 2029 at https://www.transparencymarketresearch.com/nutritional-oil-powder-market.html

Nutritional Oil Powder Market: Key Driving Factors

The lifestyle choices being made by the millennial consumer underscore the demand for nutritional oil powder market, as per Transparency Market Research. Some of the factors that stand tall in the overall tabulation of key trends and drivers are outlined below:

Hectic schedules are leading the new-age consumer towards demand for products that are convenient; this is leading the food and beverages industry towards items that are not just tasteful but also wholesome, leading to higher demand for nutritional oil powder over the forecast period
Experts note a surge in demand for easy to eat food items and an increase in demand for organic food items and as the nutritional oil powder ticks all the right boxes, the period to come would witness an increase in demand of the product; a massive shift from artificial to natural products is supporting growth in the global nutritional oil powder market

Key Impediments for Nutritional Oil Powder Market Players

Over the forecast period, the growth curve of global nutritional oil powder market will be steady. However, certain restraints would be acting upon the trajectory. One of the restraints that market players are set to experience is lack of awareness in certain regions of the world, impacting market penetration.

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Nutritional Oil Powder Market: Region-wise Analysis

Over the forecast period, 2019 to 2027, the region that is all set to be at the forefront of global nutritional oil powder market in terms of consumption is Asia Pacific (APAC)
In the year 2019, the region accounted for an impressive market share, leading the global nutritional oil powder market and the trend is set to continue throughout the forecast period, ending 2027
The Asia Pacific region will witness a very high growth rate, compounded annually over the stated period for assessment

Analyze Nutritional Oil Powder market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study,

Competition Landscape

One of the key areas of focus for global nutritional oil powder market is exploring novel approaches of production. The aim is to ensure sustainability marks the process. Thus, it does not come as a surprise that the research and development is set to be a major focus area for players over the forecast period. Additionally, it is worth noting that key alliances also hold a prominent place in the overall growth strategy for certain players.

Key players operating in the global nutritional oil powder market as profiled in the Transparency Market Research report include Connoils LLC, ABITEC Corporation, Crestchem Ltd., Bioriginal Food, Science Corporation, Arjuna Natural Pvt Ltd., Stepan Company, The Green Labs LLC, SMS Corporation, Alsec Alimentos Secos SAS, Custom Food Ingredients Sdn Bhd, and Ming City Biotechnology Ltd., among others.

Transparency Market Research has segmented the global Nutritional Oil Powder market report based on type, nature, end-use, and region

Global Nutritional Oil Powder Market: Segmentation

Nutritional Oil Powder Market, by Product Type

Canola Oil Powder
Soybean Oil Powder
Sunflower Oil Powder
Coconut Oil Powder
Palm Oil Powder
Fish Oil Powder
Flaxseed Oil Powder
Others

Nutritional Oil Powder Market, by Nature

Organic
Conventional

Nutritional Oil Powder Market, by End Use

Food Processing Industry
Nutraceuticals
Animal Nutrition
Cosmetics & Personal Care
Sports Nutrition

Nutritional Oil Powder Market, by Region

North America

U.S.
Canada

Latin America

Brazil
Mexico
Chile
Peru
Rest of Latin America

Europe

EU-5
Benelux
Nordic
Russia
Poland
Rest of Europe

Asia Pacific

India
China
ASEAN
South Korea
Japan

Middle East & Africa

GCC Countries
South Africa
Turkey
Iran
Israel
Rest of MEA

Oceania

Australia
New Zealand

Explore Transparency Market Research's award-winning coverage of the global Food and Beverages Industry,

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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