Global Fortified Edible Oil Market to reach USD 14.70 billion by 2027.Global Fortified Edible Oil Market is valued approximately at USD 11.47 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.61% over the forecast period 2021-2027. Fortified edible oil is used to artificially increase the essential micronutrients to improve nutritional quality. The global fortified edible oil market is being driven by increase in the nutritional deficiencies such as vitamin D deficiency. For instance, according to the US National Library of Medicine data of 2018, the prevalence of Vitamin D deficiency in India is ranged from 40% to 99%, with most of the studies of 80%-90% in all the age groups. Also, according to the cantonmercy.org, in 2018, in USA around 42% of the US population was vitamin D deficient. Furthermore, the rising personal disposable income and favorable government initiatives in various regions are expected to drive the market. However, higher prices than the traditional oil may impede market growth over the forecast period of 2021-2027. Also, with the rising health awareness among the population and rising diseases in underdeveloped countries such as Bangladesh, Pakistan & others, the adoption & demand for fortified edible oil is likely to increase.

The regional analysis for key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World is considered for the global Fortified Edible Oil Market. Asia Pacific is the leading region across the world in terms of market share and is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to growing population, higher consumption of edible oils, growing health awareness among the citizens and enhanced living standards have stimulated product demand in the region.

Major market player included in this report are:
Adani Wilmar
Archer Daniels Midland Company
Bunge Limited
Conagra Brands, Inc.
BASF SE
Cargill Incorporated
Nestle S.A.
Ruchi Soya Industries Limited
Liberty Oil Mills
Lam Soon Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Palm Oil
Rice Bran Oil
Sunflower Oil
Others
By Micronutrient:
Vitamin A
Vitamin D
Vitamin E
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Fortified Edible Oil Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors