A recent report published by Infinium Global Research on nutritional oil powder market provides in-depth analysis of segments and sub-segments in the global as well as regional nutritional oil powder market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional nutritional oil powder market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global nutritional oil powder market. According to the report, the global nutritional oil powder market is projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.

Market Insight

Nutritional oil powder is derived from different sources such as soybean, fish, canola, sunflower, and others. It is used in a variety of products in the food and beverage industry, nutraceutical, sports nutrition, cosmetics, and animal nutrition. The functionality of these products differs in different products depending on the end-use product. It creates opportunities by formulating advanced multifunctional powder.

The increasing consumer preference and rising affinity toward natural ingredients leverage the growth of the nutritional oil powder market. The tectonic shift toward a healthier lifestyle led to the adoption of nutritional oil powder. Further, the surge in the number of vegan and vegetarianism contributes to the increase in demand for nutritional oil powder such as soybean oil powder. Unhealthy eating habits and rising fast-food consumption causes diabetes, heart problems, and other chronic ailments. This causes a rise in demand for a nutritious and healthy diet and superfood and increasing health and wellness awareness in the urban population stimulating the expansion of the nutritional oil powder market. Additionally, increasing the adoption of nutritional oil powder in nutraceutical formulations propels the development of the nutritional oil powder market. The rising use of herbal products in dietary supplements is one of the factors leading to the growth of the market. In addition, nutritional oil powder has the presence of an abundance of DHA, ALA, and Omega-3. Its consumption can reduce the risk of heart disease, improve lung function, and lower blood fat, decrease blood pressure, and reduce inflammation. Such benefits of nutritional oil powder bolster the expansion of the market. Furthermore, nutritional oil powder is used in skincare, color cosmetics, hair care, lotions, and other products owing to its multiple functionalities. The growing use of nutritional oil powder in cosmetics and personal care products boosts the demand for the products. On the flip side, high dependency on raw material suppliers hinders the growth of the nutritional oil powder market. Also the price volatility of nutritional oil powder products restraints the market growth. Moreover, rising research and development promote innovative product launches creating several opportunities for the growth of the nutritional oil powder market.

Geographically, the global nutritional oil powder market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is anticipated to have a dominant share in the global nutritional oil powder market. The rising nutrition concern among infants and women in countries such as India and China drives the growth of the nutritional oil powder market in Asia-Pacific. North America is expected to grow in the global nutritional oil powder market with a healthy CAGR over the forecast period. The growing prevalence of obesity and diabetes leads to the need for a nutritious diet fuelling the growth of the nutritional oil powder market in North America. Europe has lucrative growth opportunities in the global nutritional oil powder market due to the availability of a huge number of commercialized products with the presence of target consumers.

Segment Covered

The report on global nutritional oil powder market covers segments such as product type, nature, and end-use. On the basis of product type, the sub-markets include canola oil powder, soybean oil powder, sunflower oil powder, coconut oil powder, palm oil powder, flaxseed oil powder, and other product types. On the basis of nature, the sub-markets include organic, and conventional. On the basis of end-use, the sub-markets include food processing industry, animal nutrition, nutraceuticals, cosmetics and personal care, and sports nutrition.

Companies Profiled:

The report provides profiles of the companies in the market such as ABITEC Corporation, Connoils LLC, Crestchem Ltd., Arjuna Natural Pvt. Ltd., The Green Labs LLC, Stepan Company, SMS Corporation, Alsec Alimentos Secos SAS, Custom Food Ingredients Sdn. Bhd., Ming Chyi Biotechnology Ltd., and Other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of nutritional oil powder market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.