Report Code: A15179 | Pages: NA | Mar 2023 | 1037 Views | ||
Author(s) : Roshan D | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the High Oleic Oil Market
Request Now !Oil with a high oleic content is more resistant to oxidation. Packaged foods and fresh baked goods have a longer shelf life as a result of this resistance. High oleic oil shortening that has been enzymatically interesterified creates baked goods with higher oxidative stability, similar to items manufactured with partially hydrogenated oils, according to functionality testing (PHO). It's the ideal drop-in solution for bakery applications because of this. The neutral flavor profile of high oleic oil allows the actual and natural flavors of products to shine through. The enhanced usefulness of high oleic oil in the food sector is likely to contribute to the growth of the global high oleic oil market, which is expected to reach a value of US$ 14.4 billion by 2030.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
The Market for High Oleic Oil has Grown due to Rise in Demand for Cosmetics
The growth in demand for cosmetics has propelled the high oleic oil sector forward. The oil has a number of health and beauty advantages. Because of its omega-3 and omega-6 fatty acid concentration, high oleic oil is gaining popularity as the risk of cardiovascular disease rises. It's also used in the cosmetics and personal care sectors to help prevent wrinkles, acne, pimples, and fine lines. Because of its high vitamin and other cosmetic characteristics, high oleic oil is becoming a popular ingredient in personal care products.
It's fortified with vitamin E, which is beneficial to both hair and skin. As a result, high oleic oil makers can target the personal care and cosmetics industries with segment-specific high oleic oil that provides greater benefits. The global oleic oil market is booming, thanks to its anti-aging effects and extensive use in cosmetics and personal care products. Wrinkles, blemishes, acne, and fine lines are all treated with this oil. The global high oleic oil business is predicted to rise in the next years, owing to changing client tastes and an increase in the number of high oleic oil producers.
Application in Nutraceuticals and Use as an Ingredient in Food Industry
High oleic oil is free of trans-fat and contains the least saturated fat of any of the popular cooking oils. Indeed, the United States Food and Drug Administration have approved qualified health claims for high oleic oil based on its ability to lower the risk of heart disease. When taken in place of saturated fat, about 1.5 teaspoons of this oil per day is beneficial to heart health. Among the typical oils, high oleic oil provides the highest plant-based omega-3 fat and is a rich source of vitamin E. The market for high oleic oil is predicted to develop in the next years due to its use in nutraceuticals.
In terms of application and performance, high oleic oil is used in the food industry, especially in the production of par-fried snacks like potato chips and corn chips. It's also used in various sauces, marinades, and dressings, as well as vegetarian meals, cereals, crackers, and dried fruits, and bakery products. High oleic oil has a substantially higher smoke point than other oils (excellent fry life). Sautéing, stir-frying, deep-frying, and other high-heat applications benefit from high oleic oil. As a result, greater demand for high oleic oil is projected from the food processing industry, which caters to health-conscious consumers.
Key Benefits of the Report
Questions Answered in the High Oleic Oil Market Report
High Oleic Oil Market Report Highlights
Aspects | Details |
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By Oil Type |
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By Source |
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Key Market Players | Adams Group Inc., Archer Daniels Midland Company, Aston Food and Food Ingredients, Aveno NV, Bunge Limited, Cargill Incorporated, CHS Inc., Colorado Mills, Marbacher Ölmühle GmbH (HOCHDORF Holding Ltd), Oilseeds International Ltd. (Itochu Corporation), Richardson International Limited |
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