| Report Code: A09476 | Pages: NA | Nov 2022 | 1937 Views | ||
| Author(s) : NA | Tables: NA | Charts: NA |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Non-gmo Oil Market
Request Now !The global non-GMO oil market is experiencing a significant growth, and is anticipated to grow considerably in next few years. Non-GMO oil is the oil extracted from non-genetically modified organisms. GMO oils possesses health risks, and this has led to the emergence of non-GMO oils. In the food & beverage industry, rise in demand for healthy food product ingredients is propelling the demand for non-GMO oils. Non-GMO oils have encountered an upsurge in consumption compared to the GMO oils, owing to their health benefits and surge in consumer awareness regarding health and nutrition.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast unit | Value ($USD) |
Segments covered | Type, Application, Industry Vertical, and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA) |
Companies covered | Chosen Foods LLC, Hain Celestial, Centra Foods, Pleasant Valley Oil Mills, Jedwards International Inc., Cargill Inc., Nexcel Natural Ingredients, Spectrum Organic Products LLC, Coltura Foods, and Catania Spagna. |
The extraction and processing of non-GMO oils has been ceased, owing to the outbreak of COVID-19 implications that led to a downfall in the industry’s revenue.
Disruptions in supply chains
The supply chains for raw materials and distribution channels for finished goods have been disrupted due to hindrances in the transportation and exports. This led to increase in the demand–supply gap for the product.
Upsurge in application of non-GMO oils is increasing their demand. Non-GMO oils have been highly used in the food & beverage industry, animal feed, and cosmetics & personal care industry. Different extraction techniques for non-GMO oils provide platforms for diversification to the leading market players. GMO crops are said to have an adverse impact on the environment, encouraging cultivation of non-GMO crops and hence leading to increase in applications of non-GMO oils. To cater to the needs of customers, leading manufactures are emphasizing on integrating no-GMO ingredients in their final products for end use.
The global non-GMO oil market trends are as follows:
Cultivation of GMO crops and consumption of GMO oils have been leading to health problems, and this initiated the manufacturing and extraction of non-GMO oils in the market.
Non-GMO oils have health benefits over GMO oils. For instance, soybean oil, canola oil, avocado oil, grapeseed, coconut, peanut, and sunflower oil that contain monounsaturated fats and polyunsaturated fats that help in lowering the bad cholesterol, thus making it healthier for consumption.
The cosmetics industry has incorporated the use of natural ingredients in their personal care products, which led to a rise in application of non-GMO oils in direct or processed form. This upsurge in application of non-GMO oils in the cosmetics industry is likely to boost the market growth during the forecast period.
The personal care industry has witnessed increase in use of coconut oil in beauty products and moisturizers. Avocado oil is rich in vitamin E, which fuels its application in the cosmetics. Similarly, canola oil is used in the personal care industry, owing to its moisturizing properties. Thus, increase in application of non-GMO oils in the cosmetic products is propelling the growth of global non-GMO oils market.
Key segments covered
Segment | Subsegment |
Type |
|
Nature |
|
Extraction Technique |
|
Application |
|
Distribution Channels |
|
Industry Vertical |
|
Key benefits of the report:
Questions answered in the global non-GMO oil market research report:
Non-GMO Oil Market Report Highlights
| Aspects | Details |
|---|---|
| By Type |
|
| By Nature |
|
| By Extraction Technique |
|
| By Application |
|
| By Distribution Channels |
|
| By Region |
|
| Key Market Players | Chosen Foods LLC, Hain Celestial, Centra Foods, Pleasant Valley Oil Mills, Jedwards International Inc., Cargill Inc., Nexcel Natural Ingredients, Spectrum Organic Products LLC, Coltura Foods, Catania Spagna |
Loading Table Of Content...
Start reading.
This Report and over 19,255+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Contact Details
Need to talk to an expert? Book your free consultation and let our research experts help you with your needs/problems.
