Market Overview
Adulteration has been a significant problem in the oil trade for a long time, which is sometimes deliberate and occasionally accidental. Accidental contamination is mostly unavoidable in the existing bulk handling installations, where oils of different qualities are pumped through the same pipelines and valves. Such growing incidences are augmenting the sales of testing substances, thereby driving growth in the edible oil adulteration testing chemicals market.
Extensive applications of edible oil for cooking as well as non-cooking purposes have made it essential for producers to ensure that it is uncontaminated. High value and high-volume sales of edible oils have been tempting its suppliers to practice adulteration and gain more revenues. These factors are propelling producers to invest in effective testing substances and techniques, which is further underpinning gains in the edible oil adulteration testing chemicals market.
Numerous factors such as expensive nature and no surplus supply of oil are fueling the adoption of edible oil adulteration testing chemicals across companies.
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Edible Oil Adulteration Testing Chemicals Market: Regional Outlook
As adulteration is a global issue, the consumption of edible oil adulteration testing chemicals is expected to witness dynamic growth over the forecast period, with Asia Pacific leading the global edible oil adulteration testing chemicals market, owing to the region’s relatively high consumption. The edible oil adulteration testing chemicals market is anticipated to remain stable in mature markets such as North America and Europe.
The Latin America and Middle East & Africa edible oil adulteration testing chemicals markets are expected to witness significant growth at similar rates during the forecast period. Though niche, edible oil adulteration testing chemicals are estimated to be vital to their application areas.
Edible Oil Adulteration Testing Chemicals Market: Market Participants
Some of the market participants in the global edible oil adulteration testing chemicals market identified across the value chain include
- Mitsubishi Chemical Corporation
- BASF SE
- Kemira Oyj
- Amadis Chemical Co.Ltd.
- Merck KGaA
- Arkema S.A.
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Edible Oil Adulteration Testing Chemicals Market: Segmentation
The edible oil adulteration testing chemicals market can be segmented on the basis of chemical group, type of compound, oil type and end use.
On the basis of chemical group, the edible oil adulteration testing chemicals market can be segmented into:
- Acids
- Alcohols
- Ethers
- Others
On the basis of type of compound, the edible oil adulteration testing chemicals market can be segmented into:
On the basis of oil type, the edible oil adulteration testing chemicals market can be segmented into:
- Coconut
- Mustard
- Olive
- Ghee
- Others
On the basis of end use, the edible oil adulteration testing chemicals market can be segmented into:
- Research Laboratories
- Industrial Laboratories
- Government Institutions
- Others
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