The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the Europe nutritional oil powder market. In addition, complete analysis of changes on the Europe Nutritional oil powder market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic has certainly affected the market products sales as for preventing the spread of virus, safety of people the lockdown has stopped the inflow of consumer in hypermarket/supermarket, retails shops among others. However, the sales of products through online mode has more or less supported the Europe nutritional oil powder market growth. Also, market has certainly gained positive attention among consumers as products supports for good nutrition during COVID-19
The Europe nutritional oil powder market is driven by surging uses of nutritional oil powder in varieties of application like nutraceuticals, animal feed, food processing industries, among others. Besides, changing lifestyle of people and surging number of vegan and vegetarianism has contributed healthy growth in the market. Also, nutritional oil powder has become one of the attention gaining product among consumer as it offers different health benefiting properties which is likely to further create rising new growth opportunity for the market. Furthermore, the most of population across the globe is currently shifting towards the adoption of vegan diet which indeed has accelerated the market to major extend.
The market finds its majority opportunities with expanding product portfolio, demand for products across various oil powder products in different food processing, nutraceutical, animal nutrition, cosmetic and personal care, infant formula has contributed healthy growth in the market. Besides, new products innovation, launches in market, usage of different technology for the production of products is expected to drive the market to major extend over the projection period.
The market is expected to have major restraining factor like price volatility and high manufacturing cost of Europe nutritional oil powder products and lack of awareness related to nutritional oil powder benefits. The price volatility in the market is certainly associated with the price volatility in like soybean, canola, coconut, palm, flaxseed among others. Different weather conditions, production, supply, is expected to specifically affect the price volatility which ultimately affects the manufacturing cost of nutritional oil powder.
The major growth challenge for the market is price volatility and high manufacturing cost. Likewise, quality standard for Europe nutritional oil powder is expected to be major growth challenge for the market.
The report provides in-depth analysis of Europe Nutritional oil powder market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various Europe nutritional oil powder in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2021-2028.
The Europe nutritional oil powder market comprises of different market segment like Type, Nature, Applications and Country.
By type, the Europe nutritional oil powder includes key segment of canola oil powder, soybean oil powder, sunflower oil powder, coconut oil powder, palm oil powder, flaxseed oil powder, fish oil powder. The soybean oil powder is likely to dominate in the market during the forecast period attributing to its usage and availability in the market. Also, another benefits of the segment is soybean oil assist in improving the immunity, preventing osteoporosis, managing heart health, lowering the cholesterol level has contributed in the growth of soybean oil powder segment. Similarly, the fish oil powder segment is anticipated to have driving growth during the forecast period.
The Europe nutritional oil powder market is significantly studied for key nature like organic, conventional. The conventional type is likely to have rapid demand in the nutritional oil powder market during the forecast period. The segment is driven by factors like uses of conventional nutritional oil powder in different food products processing which has ultimately accelerated the growing demand for the market. Furthermore, organic nature is anticipated to witness the growth at fastest pace during the forecast period.
The Europe nutritional oil powder market finds its major application in food processing, nutraceutical, animal nutrition, cosmetic and personal care, infant formula. Food processing is anticipated to dominate in the market over estimated time period. The major factor contributing in market growth are rising usage of natural products like soybean, fish oil powder in the production of products has boosted the growth of market. Likewise, different innovation in food processing with different nutritional oil powder for producing the products has certainly contributed in the growth of segment as well as market. Likewise, nutraceutical followed by other segment is expected to hold second position in the market over the estimated time period. . The growing demand for nutraceutical from consumer based has certainly boosted segment growth.
The Europe nutritional oil powder market is studied for the country like United Kingdom, Germany, France, Italy, Spain, and Rest of the Europe. Germany is expected to lead in the market over the estimated time period. The key factor contributing in the market growth are well developed food and beverages industry has contributed in the market growth. Besides, the country has driving demand for nutritional oil powder from various age group like old age population is expected to create new growth avenue for the market over the estimated time period. On other side, United Kingdom is expected to hold second position in the market during the forecast period. The country is one of the largest market which has driven by consumer demand for nutritional oil powder. With the rise in obesity population, the market is expected to new growth avenue over the estimated time period.
The competitive landscape analysis of Europe nutritional oil powder market is majorly based on rising product innovation, product availability, increasing presence of manufacturer operating in nutritional oil powder market has certainly contributed in the market growth. Besides, the market offers major products for different application to fulfill required demand of consumer which is further contributing healthy growth in the market.
The key players studied in market are Connoils LLC., Abitec, Crestchem Ltd, Bioregional, Stepan Co., Green Labs LLC, SMS Co., Custom Food Group BHD, CoreFX Ingredients.
February 2022: Capsoil Foodtech’s had announced innovatived platform that covert bioactive oils into water soluble powders. The company advanced the capacity for mixing oil and water by developing ultra-fine, water-soluble powders out of natural oils. This breakthrough present a new possibilities for integrating beneficial nutritional oils, fat-soluble vitamins and lipid based nutrients into a broadened range of functional foods and beverages as well as in new supplement formats.
October 2018: WStepan Co. launched lipid nutrition product called NEOBEE ProKeto. The product is microencapsulated C8 MCT oil sprayed onto pea protein support to create free flowing powder for food and nutritional supplement application.
Nutritional oil powder is ideally made from various sources by converting it into powder form. In nutritional oil powder mostly plant based source ingredient is considered a best way production of products. The use of plant base source ingredients further supports for alternative and better ways of bringing health ingredients with healthy well-being. The nutritional oil powder is a great way to add the clean energy of oil which are mostly present in organic and conventional and further can be used in food processing, nutraceutical, animal nutrition, cosmetic and personal care, infant formula among others. The Europe nutritional oil powder market comprises of different market segment like type, nature, applications and country. By type, the Europe nutritional oil powder includes key segment of canola oil powder, soybean oil powder, sunflower oil powder, coconut oil powder, palm oil powder, flaxseed oil powder, fish oil powder. The soybean oil powder is likely to dominate in the market during the forecast period attributing to its usage and availability in the market. The Europe nutritional oil powder market is significantly studied for key nature like organic, conventional. The conventional type is likely to have rapid demand in the nutritional oil powder market during the forecast period. The Europe nutritional oil powder market finds its major application in food processing, nutraceutical, animal nutrition, cosmetic and personal care, infant formula. Food processing is anticipated to dominate in the market over estimated time period. The Europe nutritional oil powder market is studied for the country like United Kingdom, Germany, France, Italy, Spain, and Rest of the Europe. Germany is expected to lead in the market over the estimated time period.
1) What are the drivers for Europe Nutritional oil powder market?
The key driving factors of the market are in surging uses of nutritional oil powder in nutraceuticals, animal feed, food processing industries, the change in lifestyle of people and surge in number of vegan and vegetarianism. This factor is anticipated to boost the market growth over the forecast period.
2) Which is the leading application segment for Europe Nutritional oil powder market?
Food processing has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
3) Which country is gaining majority of market share during the forecast period (2021-2028)?
Germany is expected to gain major market share during the forecast period (2021-2028).