About Specialty Fats

Specialty fats have a good viscosity; hence, they can be used for filling, coating, and molding, and find a wide variety of applications. These fats include cocoa butter equivalents, cocoa butter replacers, cocoa butter substitutes, filling fats, coating and cream fats, milk fat replacers, shortenings, and frying fats. These are widely used for confectionery and bakery applications as they improve the sensory and textural properties of confectionery and bakery products.

Technavio’s analysts forecast the global specialty fats market to grow at a CAGR of 9.37% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global specialty fats market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of specialty fats globally in the bakery, confectionery, dairy products, and the non-food applications such as pharmaceutical, cosmetics, and personal care.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Specialty Fats Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Bunge
• Cargill
• IFFCO
• IOI Loders Croklaan
• Wilmar International

Other prominent vendors
• AAK
• BMB Margarine
• FUJI OIL HOLDINGS
• INTERCONTINENTAL SPECIALTY FATS
• Mewah Group
• Musim Mas Holdings
• Olenex
• Pranav Agro Industries
• Premium Vegetable Oils

Market driver
• Rising consumption of chocolate
• For a full, detailed list, view our report

Market challenge
• Fluctuations in the price of raw materials
• For a full, detailed list, view our report

Market trend
• Increase in strategic alliances
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.