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26 February - 2 March 2017

Dubai World Trade Centre

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Fats and Oils

Fats and Oils

oilThe global fats & oils market is projected to grow at a CAGR of 4.4%, in terms of value, from 2016 to reach a projected value of USD 247.78 billion by 2021.

There remains high demand for palm oil in bakery & confectionery and processed foods due to its neutral taste and comparatively low cost.The vegetable oils segment accounted for the largest share in the fats & oils market in 2015 as consumers become more active in seeking a wide range of products with different tastes and textures that also align with modern health guidelines.

*Source: Markets&Markets.com.

Key trends and sales drivers include:

  • Oils from sources such as vegetables, nuts and fish are in high demand among health conscious consumers seeking low-fat, low-cholesterol, and low-calorie varieties
  • Butter, thanks to its perception as being more ‘natural’
  •  ‘Low impact processing’ varieties of oil (where nutrients are not destroyed by heat) such as virgin olive oil, raw coconut oil and cold pressed walnut oil

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