This report provides exclusive insights into the COVID-19 impact on the Nutritional Oil Powder Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Nutritional Oil Powder Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Nutritional Oil Powder Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
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.