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Margarine & Cooking Oil Processing in the US
IBISWorld, June 2011, Pages: 35
Marginal growth: Health consciousness will boost demand, but price competition will weigh down firms
Margarine & Cooking Oil Processing in the US
Oiled down
While the industry experienced strong growth over the five years to 2011, revenue will slow as imports and price competition hamper domestic performance. Demand will remain resilient as health-conscious consumers purchase more vegetable oils. Still, the growing popularity of biofuels will continue to pull business toward the Organic Chemical Manufacturing industry.
This industry is involved in vegetable oil production. Activities include wet milling corn and vegetables, crushing oilseeds and tree nuts, refining and blending vegetable oils, manufacturing shortening and margarine and blending purchased animal fats with vegetable fats. The industry also includes starch production.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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