A wide range of factors influence the fortunes of the Cooking Oil and Margarine Manufacturing industry, from the trends in local takeaway shops to competition from biofuel producers. Key factors affecting the industry over the past five years have included changing consumer tastes, the availability and prices of raw materials and sustained import competition. Over the past five years, consumer consumption of animal fats has struggled as concerns about health and nutrition have risen. These concerns have caused consumers to switch towards healthier edible oil and margarine products, such as cholesterol-lowering margarine and extra virgin olive oil.
Companies in the 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.