Fats and Oils Industry Profiled -- with Forecasts Through 2013 -- in New Analysis
17/11/05 (soyatech.com) - Business Trend Analysts has just published the latest edition of its study titled "The 2005/2006 Market Outlook for the Fats and Oils." This 545 page report analyzes the size and projected growth of the markets for corn, soybean, peanut, canola, fish, and other oils; edible and inedible tallow; grease; and lard. Demand is also examined from an en-use perspective, covering both edible and inedible uses. This report provides extensive information on raw materials, foreign trade, and industry economics. Consumer surveys track usage patterns for salad/cooking oils, shortening, cooking sprays, margarine, and butter. Major competitors are also profiled.
REPORT HIGHLIGHTS AND SPECIAL FEATURES
* U.S. manufacturers -- sales of fats and oils are expected to total $9.4 billion in 2005. Higher prices have been shoring up sales growth in this market in recent years, as U.S. consumption levels have been faltering somewhat. What is in store for the future? See our comprehensive analysis of overall market dynamics, including our forecasts for the coming year and the coming decade.
* Soybean oil now accounts for over 70% of U.S. vegetable oil consumption. Its use in edible products is fairly evenly divided between baking and frying fats (7.74 billion pounds in 2004) and salad and cooking oils (7.70 billion pounds), with another 1.30 billion pounds being used in margarine. In addition, the use of soybean oil in the production of inedible products has roughly doubled since the early 1990s. Don't miss our in-depth coverage of each segment of the vegetable oil industry, tracking sales trends, production levels, consumption patterns, foreign trade activity, and much more.
* Sales of animal fats and oils, measured at the manufacturers' level, will top the $4 billion mark for the first time in 2005. Sales growth within the segment will vary significantly, however, ranging from a high of 9.7% for animal and marine oil mill products to a low of only 2.9% for inedible tallow and grease. See our product-by-product examination of trends in the markets for animal fats and oils.
* Health concerns and dieting trends continue to impact the performance of the fats and oils industry. While many consumers have long avoided the use of products containing animal fats, the low-carb diet phenomenon has led to a shift in consumer eating patterns and driven up prices for meat and meat by-products. Food producers, sensitive to the demands of health-conscious consumers, are once again reformulating their products, replacing the now discredited trans fats with healthier vegetable oils. This report devotes special attention to the ever-changing forces underlying demand for fats and oils.
* This report is designed to provide you with a comprehensive analysis of the health and performance of the fats and oils industry. In addition to the detailed market statistics and forecasts, the report examines demand patterns in both edible and inedible end-use markets, industry cost structure and profitability, the impact of fat substitutes on the marketplace, and much more.
* Cargill, Archer Daniels Midland, Associated British Foods, and Corn Products International are just a few of the major competitors profiled in this report. Get all the latest news on sales performance, marketing strategies, mergers and acquisitions, foreign ventures, and other recent activities of the movers and shakers in the marketplace.
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