Market revenue in 2024 | USD 268.1 million |
Market revenue in 2030 | USD 353.8 million |
Growth rate | 4.7% (CAGR from 2024 to 2030) |
Largest segment | Edible oils & fats |
Fastest growing segment | Edible Oils & Fats |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Edible Oils & Fats |
Edible oils & fats was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the North America activated bleaching earth market based on edible oils & fats covering the revenue growth of each sub-segment from 2018 to 2030.
North America is one of the key markets for activated bleaching earth market. This is attributed to the presence of refineries and edible and non-edible oil processing units in the region. Edible oil like seed oils and fish oils are consumed heavily in the region.
The edible oils and fats are consumed cautiously in the region as the people are becoming more fitness freaks and health heads.
This has led to consumption of edible oils, which are manufactured using organic materials, which has consequently led to increase in the utilization of activated bleaching clay by the oil-manufacturing units.
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