Impact of COVID-19 Outbreak on Nut Oils Market Analysis, Trends and Opportunities 2021 - 2027

 Market Highlights

Nut oils are extracted through the hydraulic and screw pressing processes. Depending on the nut type and the quality of oil desired, external heat may be applied. The oil derived without heating contains the lowest level of impurities. Such oils are known as cold-drawn, cold-pressed, or virgin oils. The health benefits offered by nut oils are contributing to the overall market growth since they offer heart-healthy omega-3s and antioxidants and better digestion and gut health. Moreover, oils with fat content are used for browning and most nut oils add a distinctive flavor to the end product.

Key Players

Some of the key players in the global nut oils are Roland Foods, LLC (US), Azada (Spain), World Finer Foods (US), Vita Line Ltd (Bulgaria), La Tourangelle, Inc. (US), Selina Naturally (US), Denova Products (South Africa), Mokhado (UK), Caloy, Inc. (US), and Nutfields GmbH (Germany).

Market Sements:

The global nut oils has been segmented based on nut type, packaging type, distribution channel, and region.

By nut type, the global nut oils has been segregated into almond, walnut, hazelnut, pine, pistachio, macadamia, and others.

Jars, bottles, pouches, and others are the packaging type segments of the global nut oils market.

On the basis of distribution channel, the global nut oils market has been divided into store-based and non-store-based. The store-based segment has been further segregated into supermarkets and hypermarkets, convenience stores, and others.

Based on nut type, the global nut oils has been segmented into almond, walnut, hazelnut, pine, pistachio, macadamia, and others. The almond segment is expected to dominate the global nut oils market during the forecast period. Almond oil is high in monounsaturated fatty acids, vitamin E, potassium, protein, zinc, and a number of other vitamins and minerals due to which it is widely used in skin and hair treatment products. Macadamia nuts contain approximately 80% monounsaturated fats, including oleic acid, which protects the heart from diseases and reduces cholesterol levels. Thus, the macadamia segment is expected to grow at the fastest rate during the forecast period.

The global nut oils market has been divided, by packaging type, into jars, bottles, pouches, tubs, and others. The bottles segment is expected to dominate the global nut oils market during the forecast period since bottles are easy to carry, reusable, and cost-effective. However, the pouches segment is expected to grow rapidly during the review period due to the increasing use of pouches as refill packs. Moreover, the material used in the inner lining of pouches offers longer a shelf life.

The global market for nut oils has also been classified, by distribution channel, into store-based and non-store-based. The store-based segment has been further segregated into supermarkets and hypermarkets, convenience stores, and others. The store-based segment dominated the market in 2017, with the supermarkets and hypermarkets sub-segment being the largest due to the presence of strong distribution networks. However, the non-store-based segment is expected to register a higher CAGR during the assessment period due to the technological advancements in the e-commerce sector and growing consumer preference for online retailing

Regional Analysis

The global nut oils market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

North America dominated the global nut oils in 2017 due to the high consumption of nut oils for their flavor and nutritional content. The nut oils market in Asia-Pacific is expected to grow rapidly during the forecast period due to the growing awareness about the health benefits of these oils such as moisturizing effect as well as high vitamin content, which is essential for the growth and development of the human body.  

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details

Comments

Post a Comment

Popular posts from this blog

Global Organic Fertilizers Market Report 2020 Share, Size, Trend, Market Analysis and Forecast to 2027

  Market Overview: Fertilizers are chemical or natural substance which is added to the soil or land so as to increase fertility. Organic fertilizers are fertilizers extracted from animal manure, plant extracts as well as minerals and vegetable matter. Since organic fertilizers are derived from natural substances, therefore, damage to the environment is less of a concern. Organic fertilizers are rich in growth hormones and micro nutrients as well as help to reduce the risk of diseases in humans, as they find their way to food as well. Due to depletion of soil quality, use of fertilizers is being propelled to help farmers to increase crop production, as well as the surge in crop acreage and requirement to increase crop production is encouraging farmers to use organic fertilizers. Organic fertilizers are selected according to the requirement of the nutrients by the crop. They have gained status globally, as they help in increasing the quantity as well as improve the quality produced. Comp
Read more

North America Cannabis Market - Industry Growth and Forecast – 2024

  Market Overview The cannabis market has shown rapid growth in the past few years owing to rapid demand increase for cannabis and related products. Market Research Future, who specializes in market reports related to the consumer and retail sector among others, recently published a report on this market. Expansion of the  North America cannabis market  is estimated with a  CAGR of 33%  in forecast period from 2016 to 2021. Medical uses of cannabis are one of the major uses that have driven the demand for the market especially in North America. Legalization of cannabis in many of the North American countries has led to creation of further demand and enhanced the growth potential of the market. Furthermore, introduction of different cannabis included products has led to expansion of the market size significantly. Utilization of cannabis to treat various medical ailments has been beneficial to the progress of the sector. Global Competitive Analysis A trend of volume-driven growth has bee
Read more

Healthcare RFID Market Report Predicts Impressive Growth by 2027 Just Published

  Healthcare RFID Market Radiofrequency identification (RFID) is used for patient monitoring, efficiencies in patient care, tracking, and provider satisfaction. RFID is a wireless system that exploits radio waves for collecting data from a tag attached to an object, for several purposes such as automatic identification, and tracking of objects. The rising concerns about inventory management, awareness about patient safety, and increasing acceptance of automation in the healthcare sector are the major factors driving the growth of the global  healthcare RFID market . Additionally, aggressive strategies adopted by the top players and the introduction of new products in the market are fueling the growth of the market during the forecast period. For instance, Alien Technology Corporation, a leader in RFID technology introduced RFID Reader with the ALR-F800-X, the product is known for its use in maintaining the workflow and efficiently handling the data. Also, the company is trying to expan
Read more