Oil Meal Market Size, Share, Demand, Analysis and Forecast Report to 2027
The global Oil meal market is studied in detail in the new report on Qualiket Research. The new report studies the Oil meal market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.
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Oil meal products are the enriched protein products which are used for human consumption as well as for animal feed. Oil meals products are classified into various types of oil meals are available in the market on the basis of use of the products like higher protein content, and low fiber content which is used as food and protein supplements. The conventional meal includes low protein content and high fiber content is used for animal feed. Oil meal is the dry extract of oil which is further used for animal feeding and food industry. These products are applied in the animal feed industry. Oil meals are widely used in pharmaceutical industry and neutraceutical industry due to easily available in the market due to its nutritional property.
Market Drivers
Increase in population and changing food preferences is the key driving factor which is expected boost the global oil meal market growth during this forecast period. Furthermore, increase in demand for oil meal products in various sectors such as healthcare and neutraceuticals is expected to propel the growth of global oil meal market. Moreover, increase in demand Oil meal products by health conscious consumers, these products contains various types of amino acids like lysine, methionine, and others expected to fuel the global oil meal market growth. In addition to that rise in consumption of vegan protein supplements across the world is expected to drive the global oil meal market growth. In addition to that increase in demand for oil meal in animal feed industry as a key protein enriched meal will have the positive impact on global oil meal market growth.
Market Restraints
However, adulteration is the major restraining factor which is expected to hamper the global oil meal market growth.Â
Market Key Players
Various key players are discussed in this report such as Zeeland Farm Services Incorporation, Windermere Oilseeds Pvt. Ltd., Melitopol oil extraction Plant, Aston foods International Ag, Resaca Sun Feeds LLC, Grain crop Ltd, Bunge Limited, Monsanto Company, Optimus agro group, Archer Daniels Midland Company, Cargill Incorporated, and Others.
Market Taxonomy
By Application
- Food & Beverage
- Animal Feed
- Pharmaceutical
- Nutraceutical
By Nature
- Dehulled
- Non-dehulled
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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