From the local takeaway shop to petrol prices: a wide range of factors influenced the fortunes of this industry over the past five years. Changing consumer tastes, availability and prices of raw materials and rising import competition were the key factors affecting the industry. Overall per capita consumption of vegetable and animal fats declined over much of the last five years, as concerns about health and nutrition rose. At the same time, these health concerns caused increased consumption of fat and oil products that are considered healthier, such as cholesterol lowering margarine products and olive oil.
Companies in this industry manufacture crude vegetable or marine oils, as well as cake or meal. Companies in the industry also refine oil and blend oil and fats to produce food items such as margarine, compound cooking oils or fats, and blended table or salad oils.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.