|
(MoneyNewsWire.Net, February 01, 2018 ) The Middle East and Africa Peanut Oil Market is worth USD xx million in 2017 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2022. The Middle East and Africa Peanut Oil market is developing at an exceptionally quick pace.
Peanut oil is a mild-tasting vegetable oil derived from peanuts. It is also known as groundnut oil or arachis oil. This oil has a strong peanut flavor and aroma, similar to sesame oil. It has a high smoke point relative to other cooking oils, and is used for frying food. Sometimes antioxidants like vitamin E are also added to improve the shelf life of the oil.
Browse Market data tables and in-depth TOC of the Middle East And Africa Peanut Oil Market to 2022 @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-peanut-oil-market-5499/
Due to lack of unique functionality of peanut oil as compared to other oils, the demand is expected to be stagnant during the forecast period. The significant drivers are functional properties of peanut oil. It is used for deep frying as it does not flavor of the underlying food item. Also nutty flavor of peanut is expected to increase the demand for Peanut Oil. However high prices and increasing demand of soybean restricts the growth of this industry.
The Middle East and Africa Peanut Oil market is segmented on the basis of type, packaging, application and region. Based on Type the market is segmented into Refined and Unrefined. Based on packaging the market is segmented into Glass Containers, Plastic Containers, Cartons, Plastic Pouches, and Others. The plastic bottles and plastic pouches are dominant segments because of their particular applicability in preparing food products. Based on application the market is Personal Care Products, Food, Pharmaceutical, and Others.
Free sample of the report is available @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-peanut-oil-market-5499/request-sample
Geographically, market is further segmented into Middle East and Africa. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.
Archer Daniels Midland (Golden Peanut), Adani Wilmar Limited (Fortune Foods), Ventura Foods (Lou Ana), Parrish and Heimbecker, Ventura Foods, Hain Celestial Group, Cargill, Incorporated, Olam International,General Mills Inc., Associated British Foods are the leaders in the Middle East and Africa Peanut Oil market.
Inquire before buying @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-peanut-oil-market-5499/inquire
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail:abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Market Data Forecast
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
|
