About Edible Oils Market
Edible oils are a group of oils that are obtained from leaves, fruit, or seeds of plants. Though oils from plants can be used as fuels and for cosmetic and medical purposes, edible oils are used only for cooking. The spend momentum of this market will be attributed to the high demand of a variety of edible oils such as canola, olive, mustard, and soybean oils from the food-processing industry.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Edible Oils Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Edible Oils Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Edible oils are a group of oils that are obtained from leaves, fruit, or seeds of plants. Though oils from plants can be used as fuels and for cosmetic and medical purposes, edible oils are used only for cooking. The spend momentum of this market will be attributed to the high demand of a variety of edible oils such as canola, olive, mustard, and soybean oils from the food-processing industry.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Edible Oils Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Edible Oils Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Increasing consumption of soybean and flaxseed oils
Category management strategy
- Engaging with suppliers that have adopted sustainable practices in their manufacturing processes
Procurement best practices
- Prefer suppliers that use food standards approved food-grade materials for packaging
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
PART 13: APPENDIX
Executive Summary
The following companies as the key suppliers in the Global Edible Oils Category - Procurement Market Intelligence Report: Cargill Inc, Bunge Ltd, Wilmar International Ltd, Archer Daniels Midland Co, Unilever Group, The Nisshin OilliO Group Ltd.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers that source oilseeds that comply with grain quality standards.”
According to the report, one of the key growth contributors for the global edible oils market is the increasing demand from the food processing industry.
Further, the report states that one of the key category management strategies for the buyers in the global edible oils market is to collaborate with suppliers to develop risk management strategies such as the use of price management tools and future collaborations for the procurement of edible oils based on buyer’s requirements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Cargill Inc
- Bunge Ltd
- Wilmar International Ltd
- Archer Daniels Midland Co
- Unilever Group
- The Nisshin OilliO Group Ltd.
Methodology
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