Latest news with #Oils
Yahoo
10-02-2025
- Business
- Yahoo
Vegetable Oils Industry Report 2025: Vegetable Oils Market to Benefit from Biofuel Demand and Rising Health Consciousness - Palm Oil and Soybean Oil Lead Growth
Vegetable Oils Market Dublin, Feb. 10, 2025 (GLOBE NEWSWIRE) -- The "Vegetable Oils - Global Strategic Business Report" has been added to global market for Vegetable Oils was sized at 236.5 Million Metric Tons in 2024 and is projected to reach 315.1 Million Metric Tons by 2030, growing at a CAGR of 4.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts. The global vegetable oil market is influenced by diverse factors including dietary trends, health research, and global economic conditions. Health trends have significantly shifted toward the consumption of oils with a higher proportion of unsaturated fats, such as olive oil and those rich in omega-3 fatty acids, which are associated with various health benefits. Conversely, oils high in saturated fats, like palm oil, face scrutiny and reduced consumption in markets with a high awareness of cardiovascular health issues. Additionally, the sustainability of oil production has come under the spotlight. Issues such as deforestation and the environmental impact of oilseed cultivation, particularly for palm oil, have led to increased regulatory scrutiny and a push towards more sustainable practices, including the certification of sustainable oil growth in the vegetable oil market is driven by several factors, including advancements in agricultural technology, expanding uses in various industries, and evolving consumer preferences. Technological improvements in seed genetics and farming practices have increased oil yields and improved the quality of the oil, making the production process more efficient and environmentally sustainable. These advances help meet the growing global demand and address concerns over the environmental impact of oil production. Furthermore, the broadening applications of vegetable oils in industries such as biofuels, beauty products, and biodegradable plastics are propelling market growth. Consumer behavior is also a key driver, with a growing preference for healthier and more sustainably produced oils influencing both the types of oils demanded and the ways in which they are marketed and distributed. As consumers become more health-conscious and environmentally aware, the market for vegetable oils is adjusting to these trends by enhancing product offerings to include organic and non-GMO options, which are gaining traction of the StudyThe report analyzes the Vegetable Oils market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined Product Segment (Palm, Soybean, Canola, Sunflower & Safflower, Other Product Segments) Processing Method (Mechanical, Hydrogenation, Other Processing Methods) Application (Food, Industrial, Biofuel) Geographic Regions/Countries:World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Insights: Market Growth: Understand the significant growth trajectory of the Palm Oils segment, which is expected to reach 121.8 Million Metric Tons by 2030 with a CAGR of a 5.7%. The Soybean Oils segment is also set to grow at 5.1% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, sized at 19.2 Million Metric Tons in 2024, and China, forecasted to grow at an impressive 5.8% CAGR to reach 69.3 Million Metric Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as AAK AB, ACH Food Companies, Inc., A.D. Gothong Manufacturing Corporation, 3F Industries Ltd., Aceford Food Industry Pte., Ltd. and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Questions Answered: How is the Global Vegetable Oils Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Some of the 309 major companies featured in this Vegetable Oils market report include: AAK AB ACH Food Companies, Inc. A.D. Gothong Manufacturing Corporation 3F Industries Ltd. Aceford Food Industry Pte., Ltd. Aceites Malaga SL Aceites Manzano SA Aceites Millas SA Aceites Vallejo (Emilio Vallejo S.A) Aceites Zarate SA Acesur Group Agarwal Industries Pvt., Ltd. Agricola Alimentare Pugliese Srl Agricola Le Serre Srl Aceitera General Deheza S.A Key Attributes: Report Attribute Details No. of Pages 397 Forecast Period 2024 - 2030 Estimated Market Value in 2024 236.5 Million Metric Tons Forecasted Market Value by 2030 315.1 Million Metric Tons Compound Annual Growth Rate 4.9% Regions Covered Global Key Topics Covered:1. MARKET OVERVIEW World Market Trajectories An Overview of the Global Market for Vegetable Oils Market Highlights Key Challenges & Constraints Consumption in Asia-Pacific (including China) Augurs Well for Future Growth Production Landscape Oilseeds Production Global Oil Yield (Tons per Hectare) for Major Oilseed Crops Vegetable Oils Production Palm Oil Soybean Oil Sunflowerseed Oil Olive Oil Production Competitive Landscape Demand Increase Triggers Industry Consolidation Competitive Scenario in the Palm Oil Market: Asian Producers Dominate the Market Ranking of Leading Producers of Sustainable Palm Oil Leading Palm Oil Traders with Zero Deforestation Commitment: Ranked in Order of Number of Zero Deforestation Policies Implemented Key Competitive Traits Recent Market Activity Vegetable Oils - Global Key Competitors Percentage Market Share in 2024 Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 MARKET TRENDS & DRIVERS Food Industry: Most Important Application Market for Vegetable Oils Growing Preference for Healthy, Organic & Unprocessed Cooking Oils Growing Awareness about Saturated Fatty Acids & Omega-6 in Vegetable Oils Fatty Acid Profiles of Major Cooking Oils - Butter, Olive, Coconut, Palm, Safflower, Corn, Soybean, and Canola Growing Health Consciousness & Demand for Convenience Foods Rise of the Vegetarianism & Customization to Local Tastes Increasing Product Diversity & Broad Range of New Options Vegetable Oil Companies Offering more Healthful Options amid the Pandemic Biofuels: The New Growth Avenue for Vegetable Oils Average Biofuel Yields of First Generation Feedstock Favorable Blend Mandates Set to Enhance Vegetable Oil Demand in Biofuel Sector Vegetable Oils Aim to Widen Role in Industrial Applications Established Role of Vegetable Oils in Personal Care Applications Palm Oil: Largest & Fastest Growing Product Segment Diverse Food and Non-Food Applications Lend Traction to Market Demand RSPO's Novel Initiatives Aim to Resolve Biodiversity & Sustainability Issues Prevalent in Palm Oil Industry Leading Producers of Palm Oil Worldwide: Approximate Percentage Share of Production of RSPO Increasing R&D Emphasis Elevates Prospects of Soybean Oil against Competing Oils New Generation Soya Bean Oil Formulations Come to the Fore Rising Adoption in Food Service Sector Boosts Uptake of Canola Oil Robust Image of Sunflower Oil as a Healthy Alternative to TFAs Spurs Demand Backed by Incredible Nutritional Benefits, Coconut Oil to Sustain Momentum Despite Being the Most Expensive of All Vegetable Oils, Olive Oil Continues to Experience High Demand Health and Environmental Benefits Promote Demand for Maize Oil Demographic Trends Strongly Favor Future Growth in World Vegetable Oil Market Growing Population Urban Sprawl Large Middle Class Segment Despite Challenges, Global Vegetable Oil Refining Offers Lucrative Opportunities Innovations & Research Findings Strengthen Market Prospects Steady Proliferation of Technology for Boosting Oilseed & Vegetable Oil Output R&D Efforts Enable the Launch of Zero Trans-Fats Oils Ohio State University Study Reveals Potential Heart Health & Lowered Diabetes Risk Benefits of Vegetable Oils with High Linoleic Acid Levels Italian Researchers Identify Positive Effects of Extra Virgin Olive Oil on Meat Lipids Digestion Cargill & BASF Develop Canola Oil with Beneficial Omega-3 EPA and DHA Dow Rolls Out Omega-9 Sunflower Oil for Food Applications Steep Rise in Prices Emerges as a Major Challenge Rising Concerns Over GMO Contamination: A Major Issue Oils Derived from Non-Traditional Sources: An Emerging Threat Vegetable Oils: An Evolutionary Scan Chemical & Physical Properties of Vegetable Oils Vegetable Oils: Product Classification Edible Vegetable Oils: Production Process Processing Methods For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Vegetable Oils Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
The Guardian
07-02-2025
- Entertainment
- The Guardian
Peter Garrett: ‘This is the worst deal ever done by a sovereign Australian government'
Describing Peter Garrett as highly recognisable is a bit like saying the Sydney Opera House is quite noticeable. Some stop in their tracks upon encountering him while meandering, dog walking and running in parklands snaking through inner-western Sydney's Annandale, home to the rock'n'roller, activist and former politician. Some know him to say 'hi' to. But Garrett (very tall and rangy, and even with a sun-smart broad-brimmed hat) is so monumentally physically distinctive and familiar that perfect strangers seem to feel they know him. He nods in a modest 'yeah, it's me' way. Smiles and signals warmly. Says g'day. Even a neighbourhood dog careens across the greenery to drop its ball at his feet. He picks it up. Tosses it. Garrett grew up on Sydney's northern beaches. He travelled Australia and the world endlessly with Midnight Oil, the band he's fronted across 50 years. He's lived throughout Sydney. But he's forged a deep attachment to Annandale, whose wide, undulating terrace and tree-lined backstreets improbably exude a bucolic serenity so close to the city centre. 'It's a wonderful neighbourhood,' he says. 'I'm having a renewed love affair with Sydney. Ignoring some of the depredations of the developers and other things that have been done over the years – I think it's a brilliant city. Yes, there's issues around night life and traffic and whatever, but I absolutely adore the waterways and the harbour and the light.' The former president of the Australian Conservation Foundation lauds how communities like his lobbied to regenerate old urban industrial land into corridors of native park and bush. With boyish passion and wonder he celebrates the growth of new plantings as we walk. 'You don't have to go to the doctor! You just go for a walk from Annandale to Blackwattle Bay [down by the nearby harbour] and back and you're ready to take on the day.' Sign up for our rundown of must-reads, pop culture and tips for the weekend, every Saturday morning Garrett walks often for health and headspace. 'I usually walk two or three times a day. Morning, I'll usually go for a decent one. I'm not obsessive, but I do have to – with my skeletal structure and past occupations – I've got no choice,' he says, a nod to an adult lifetime of celebrated, trademark physically vigorous Oils performances. 'I've always walked. Even when touring overseas. On a night off, I wouldn't necessarily be carousing, although I've done a bit of that. More likely I'd read and then go for a big long walk … the outskirts of a city or around the docks or the industrial sections of cities I find really interesting. Particularly in America where half's being reborn and half is in decay.' It's a neat segue to contemporary America. Garrett has, of course, also been monumentally political since before the birth of Midnight Oil in 1976, from their genesis as Farm, and later as anti-nukes activist, leading conservationist and parliamentarian. On entering federal parliament for Labor in 2004, he did so with a fairly active back catalogue, not least 1982's US Forces, that government and media attack dogs tried to club him with for his 'dangerous' criticism of American global political interference, nuclear threat and the precious US-Australia alliance. The song seems very prescient 43 years later. 'I think we [the Oils] would all say we had no idea some of those songs we wrote at that time would have sharper edges and be potentially even more pungent today than they were then. That's a slightly depressing thought,' he says. 'But if history is any guide, when you have extreme politics, autocratic politics, vengeful, nasty politics, politics which scapegoats people, politics that sees the execution of power as the raison d'etre, well there's nothing new about that – you've just got to read Shakespeare. But then you realise that digging in for a different set of values and a future that shouldn't be framed that way is absolutely essential from day one,' he says as we sit at a picnic table. For too long, he says, our decision makers have assumed Australia's only viable security option was to have a very powerful friend even if they were an unlikeable bully. 'There was a degree of subservience – that that was the price you had to pay. Now, that has been taken to a new dangerous, illogical and expensive extreme with the [$350bn-plus] Aukus deal which both governments bought into, Morrison to begin with and then the current Labor government. I'm on a unity ticket with Bob Carr and Paul Keating. This is the worst deal that we've ever seen done by a sovereign Australian government.' When Garrett muses on the 'national ledger', he lists a stable modern economy that weathered the global financial crisis, solid democratic institutions, a tradition of multiculturalism as positives. Subservience to the US – come what may – is close to his top negative. 'But the first and most important is that we still haven't come to grips with what happened when [Captain James] Cook and Co came on board and the impact it had on First Nations peoples,' he says. 'Part of the problem is that we haven't had a whole of nation recognition of the truth of dispossession and a whole of nation agreement to remedy the dispossession in a respectful way. So long as you've got outlier states like WA in particular and as long as you've got outlier industries like some sections of the pastoral industry and some sections of the mining industry, and as long as you've got outlier political parties like One Nation and now a fair slab of the [federal Liberal-National party] coalition, it's a hugely difficult task.'' Sign up to Saved for Later Catch up on the fun stuff with Guardian Australia's culture and lifestyle rundown of pop culture, trends and tips after newsletter promotion He says that despite the parlous state of the world and the second rise of Trump's America, he remains an optimist. At 71, Garrett appears nimble and fit. So, how does he feel about ageing? He laughs. Considers it for a moment. 'I'm OK with it but in saying that I'm not particularly happy about it. But there's nothing much I can do about it.' But even some rockers get to be old, right? Like, the Rolling Stones are still on the road. 'Yeah, but they should come off though. With every respect for the way they've managed to keep that thing going they definitely should come off. But by any rational assessment of how you feel when you wake up early in the morning, the last place you really think you're going to be is on a stage and playing. And yet it becomes the fuel that lights the fire. I mean I just figure keep moving or die. So, I'm keeping on moving.'' And, so, we move on to the path again and stroll towards Blackwattle Bay. This year he's still moving on stage too, fronting his band the Alter Egos. He's touring now. His two adult daughters, May and Grace, accomplished musicians who have their own band Raintalker, now sing backing with the Alter Egos. 'They grew up when I was active with the ACF and then in politics so they've never really quite worked out what their old man does. But having them be a part of this – finding that they are still wanting to be with you and making music together, well that's just lovely.' The road, as a young bloke, must've been quite different? 'Well it definitely was wild. You're fearless. I don't suppose I was very different from many other people of my age at that time, though I was probably much more interested in politics. Though I still thought I was bulletproof. So, every big wave I shouldn't have caught and every stage that I jumped off, it's all show business really. Every overnighter we did after playing til one in the morning – there's a lot of years of pushing very hard in ways that probably not everybody would maybe think was particularly good for you. But I wouldn't change it. Even the crazy stuff.' He says the Oils were and are – like many bands of their era – 'quite tough. Physically'. You do lose 'nearest and dearest' along the road, he laments. But the greatest myths of rock'n'roll are that 'it was all just about rebellion and secondly that you hope you'll die before you get old'. 'The essence is that it's music played to people. That's timeless. If you can still play for people and they still want to come and listen, then there's a bit of magic, a bit of alchemy, a bit of lightning and thunder about it,'' he says. 'Would you prefer to be reading X and watching Elon Musk try to destroy the world?' Peter Garrett and the Alter Egos will appear at the St Kilda festival on 16 February and Twilight At Taronga on Friday 21 February. For other concerts, see here.
