Global Powdered Fats Market Size & Outlook
The powdered fats industry worldwide is expected to reach a projected revenue of US$ 3,168.0 million by 2030. A compound annual growth rate of 4.4% is expected of the worldwide powdered fats industry from 2023 to 2030.
Revenue, 2022 (US$M)
$2,240.1
Forecast, 2030 (US$M)
$3,168.0
CAGR, 2023 - 2030
4.4%
Report Coverage
Worldwide
Global powdered fats market, 2018-2030 (US$M)
Related Markets
Global powdered fats market highlights
- The global powdered fats market generated a revenue of USD 2,240.1 million in 2022 and is expected to reach USD 3,168.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.4% by 2030.
- In terms of segment, palm & palm kernel accounted for a revenue of USD 782.6 million in 2022.
- Coconut is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Guatemala is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 2,240.1 million |
| Market revenue in 2030 | USD 3,168.0 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Palm & palm kernel |
| Fastest growing segment | Coconut |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Palm & Palm Kernel, Coconut, Milk, Sunflower, Canola, Corn |
Other key industry trends
- In terms of revenue, the North America accounted for 24.2% of the global powdered fats market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Guatemala is the fastest growing regional market and is projected to reach USD 5.6 million by 2030.
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Powdered Fats Market Scope
Powdered fats market segmentation & scope
Others
Powdered Fats Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global powdered fats market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to powdered fats market will help companies and investors design strategic landscapes.
palm & palm kernel was the largest segment with a revenue share of 34.94% in 2022. Horizon Databook has segmented the Global powdered fats market based on palm & palm kernel, coconut, milk, sunflower, canola, corn covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Powdered Fats Source Outlook (Revenue, USD Million, 2018-2030)
- Palm & Palm Kernel
- Coconut
- Milk
- Sunflower
- Canola
- Corn
- Others
- Global Powdered Fats Processing Technology Outlook (Revenue, USD Million, 2018-2030)
- Spray Drying
- Drum Drying
- Freeze Drying
- Others
- Global Powdered Fats Application Outlook (Revenue, USD Million, 2018-2030)
- Dairy & Non-dairy Products
- Bakery & Confectionery
- Frozen Desserts
- Baby Food & Infant Formula
- Supplements & Nutritional Products
- Beverages
- Seasonings & Flavorings
- Sauces, Dressings, & Condiments
- Others
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Target buyers of Global powdered fats market databook
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Our clientele includes a mix of powdered fats market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global powdered fats market , including forecasts for subscribers. This global databook contains high-level insights into Global powdered fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global powdered fats market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Powdered fats market size, 2022 (USD Million)
Top 10 countries: Powdered fats market size, 2022 (USD Million)
Global powdered fats market, by region, 2022 (US$M)
Related regional statistics
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