According to a market report by Lucintel, the future of the edible oil market in the US looks promising with opportunities in the supermarkets/hypermarkets, department stores, e-retail markets. The major drivers for this market are increasing awareness towards unprocessed organic oil and inclination towards omega3, vitamin and natural anti-oxidants rich edible oil.
In this market, industrial, food service, and retail are the major end use segments of edible oil. The food service segment is expected to witness the highest growth over the forecast period due to an increasing number of hotels, restaurants, catering and outside eating habits of consumers.
E-retailer is expected to witness the highest growth over the forecast period due to easy and wide availability of edible oils and various services such as door step delivery, easy payment and cash back offers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the edible oil market in the US by type, end use, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Edible Oil Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the edible oil market in the US by type, end use, and distribution channel as follows:
By Type [$ Million Shipment Analysis from 2015 to 2026]:
Palm Oil
Soybean Oil
Sunflower Oil
Olive Oil
Corn Oil
Rapeseed Oil
Others
By End Use [$ Million Shipment Analysis 2015 to 2026]:
Industrial
Foodservice
Retail
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
Supermarkets/Hypermarkets
Department Stores
E-retailer
Others
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.