Japan Groundnut Oil Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The Japan groundnut oil market is segmented based on its various applications, which play a crucial role in determining the overall demand and market dynamics. In the culinary sector, groundnut oil is widely utilized due to its high smoke point and neutral flavor. This makes it a preferred choice for frying, sautéing, and other cooking methods where maintaining the integrity of the food's flavor is essential. The oil's stability at high temperatures ensures that it does not degrade easily, thereby preserving the taste and nutritional value of the food. Additionally, its mild flavor complements a range of dishes without overpowering them, making it a versatile ingredient in Japanese cuisine.
In the industrial sector, groundnut oil finds applications in various processes including manufacturing, cosmetics, and pharmaceuticals. Its properties, such as stability and non-reactivity, make it suitable for use in industrial formulations and products. The oil's versatility allows it to be incorporated into a range of products, from personal care items like lotions and creams to pharmaceuticals where it can act as a carrier or base ingredient. The demand for groundnut oil in these sectors is influenced by the growth of industrial activities and the increasing focus on natural and sustainable ingredients.
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ADM
Bunge
Cargill
Wilmar International
Corbion
Shandong Luhua
Cofco
Amanah Oil
Ventura Foods
Yihai Kerry
Longda
Qingdao Changsheng
Shangdong Jinsheng
Shandong Bohi Industry
Xiamen Zhongsheng
Hunan Jinlong
Sanhe hopefull
Dalian Huanong
Shandong Sanwei
Qingdao Tianxiang
Guangdong Yingmai
Henan Sunshine Group Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Groundnut Oil Market
Personal Care Products
Food
Pharmaceutical
Others
Based on Types the Market is categorized into Below types that held the largest Groundnut Oil market share In 2023.
Refined
Unrefined
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Groundnut Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Groundnut Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Groundnut Oil Market, By Type
6. Japan Groundnut Oil Market, By Application
7. Japan Groundnut Oil Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Groundnut Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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