Iraq Edible Oils and Fats Market is Expected to Reach US$2.3 bn by 2025

Transparency Market
Research
Edible Oils and Fats Market - Iraq Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024
Published Date
23-09-2016
95 Page Report
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Press Release
Iraq Edible Oils and Fats Market: Increasing Local Production Capacity to
Benefit Market, says TMR
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Edible Oils and Fats Market
REPORT DESCRIPTION
The Iraq edible oils and fats market is extremely fragmented and the top seven players accounted for just
under 90% of the overall market in 2015. These companies are Marsan Gida San Ve Tic A.S., Anadolu
Group, Altunkaya Group of Companies, Zer Group, Aves A.S., Yildiz Holding, and Keskinoglu Ic Ve Dis
Ticaret Ltd.
Transparency Market Research has identified some of the successful strategies adopted by these
enterprises in order to strengthen their hold on the edible oils and fats market in Iraq. These include joint
ventures, business expansions, investments in research and development of new technologies and
processes, acquisitions, and expansion of product portfolios.
The market was valued at US$1.3 bn in 2015 and is expected to reach US$2.3 bn by 2025, expanding at a
CAGR of 6.0% therein. By volume, the Iraq edible oils and fats market is anticipated to register a 3.3%
CAGR from 2016 to 2025.
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Muthanna Presents High Scope for Growth by Value and Volume
On the basis of products, vegetable and seed oil led the edible oils and fats market in Iraq in terms of
revenue and the segment is anticipated to account for slightly more than half the market by the end of the
forecast period. The product segment is projected to retain its lead through 2025 despite a slight decline in
its market share by the end of the forecast period. On the other hand, the others segment, which
comprises olive oil, is projected to register a high annual growth of 7.7% from 2010 to 2025.
Regionally, the Iraq edible oils and fats market is led the Baghdad, which accounted for a 22.4% share in
2015. The region is anticipated to retain its dominance through 2025. In terms of revenue, Muthanna is
projected to register a high CAGR of 9.7% between 2016 and 2025. This region is also immensely lucrative
in terms of sales volume.
Government Support Encouraging Local Production of Edible Oils and Fats
One of the key factors likely to drive the market for edible oils and fats in Iraq in the coming years is the
rising production capacity for the same and this can be attributed to support from the government. The
Iraqi Trade Ministry has been focused on reducing dependence on imports and encourage local production
so as to meet the rising demand for edible oils and fats. “Locally produced products will be priced on the
lower side and this will encourage more customers to purchase edible oils and fats,” the analyst points out.
Weak Economic Conditions Hampering Growth
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Edible Oils and Fats Market
The GDP of Iraq had been on a stable if not rapid rise until 2014 and the country was considered among
one of the upper-middle category nations. “However, the economic condition has been declining since mid2014, with the per capita GDP witnessing a slump and poverty and unemployment on the rise,” the author
of the study states. This acts as a major deterrent to the growth of the edible oils and fats market in Iraq.
The high cost of raw materials is also a key restraint, TMR finds. The extraction processes are immensely
capital intensive and it becomes increasingly difficult for new players in the Iraq edible oils and fats
market.
This review is based on the findings of a TMR report titled “Edible Oils and Fats Market - Iraq Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2024.”
Iraq Edible Oils and Fats Market, by Product Type
Vegetable and Seed Oil
•
Soybean
•
Sunflower Oil
•
Corn Oil
•
Palm Oil
•
Canola Oil
•
Others (Rapeseed, Mustard, Linseed among others)
Spreadable Oils and Fats
•
Butter
•
Margarine
Cooking Fats
•
Animal Ghee
•
Vegetable Ghee
•
Others
Iraq Edible Oils and Fats Market, by Region
•
Babil
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Edible Oils and Fats Market
•
Baghdad
•
Basra
•
Dhi Qar
•
Al-Qadisiyyah
•
Diyala
•
Karbala
•
Maysan
•
Muthanna
•
Najaf
•
Wasit
•
Erbil
•
Kirkuk
•
Sulaymania
•
Others
TABLE OF CONTENT
Chapter 1 Iraq Edible Oils and Fats Market: Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope
1.4 Research Methodology
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Chapter 2 Iraq Edible Oils and Fats Market: Executive Summary
Chapter 3 Iraq Edible Oils and Fats Market: Production Analysis, 2010-2025
3.1 Existing Production Capacity Analysis
3.2. Expected Production Capacity Analysis
Chapter 4 Iraq Edible Oils and Fats Market : Market Overview, 2010-2025
4.1 Introduction
4.2. Market Dynamics
4.2.1 Market Drivers
4.2.2. Market Restraints
4.2.3 Market Opportunities
4.3. Key Trend Analysis
Chapter 5 Iraq Edible Oils and Fats Market: Industry Analysis, by Product Type, 2010 2025
5.1. Overview
5.2. Vegetable Oils and Seeds Market, Revenue and Volume Forecast
5.3. Spreadable Oils and Fats Market, Revenue and Volume Forecast
5.4. Cooking Fats Market, Revenue and Volume Forecast
5.5. Others Market, Revenue and Volume Forecast
Chapter 6 Iraq Edible Oils and Fats Market: Competitive Landscape
6.1. Market Share by Key Players
6.2. Brand Share by key Players
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Chapter 7 Iraq Edible Oils and Fats Market: Price Trend Analysis
7.1. Price Trend Analysis
Chapter 8 Iraq Edible Oils and Fats Market: Distribution Channel Analysis, 2010-2025
8.1. Overview
8.2. Distribution Channel Analysis, Revenue Forecast and Historical Data
8.3. Distribution Channel Analysis, B2B Breakdown, Revenue Forecast and Historical Data
8.4. Distribution Channel Analysis, B2C Breakdown, Revenue Forecast and Historical Data
8.5. Distribution Channel Analysis, Volume Forecast and Historical Data
8.6. Distribution Channel Analysis, B2B Breakdown, Volume Forecast and Historical Data
8.7. Distribution Channel Analysis, B2C Breakdown, Volume Forecast and Historical Data
Chapter 9 Iraq Edible Oils and Fats Market: Import and Export Analysis and Forecast
9.1. Import and Export Analysis for Vegetable Oils and Seeds, 2015
9.2. Import and Export Analysis for Spreadable Oils and Fats, 2015
9.3. Import and Export Analysis for Cooking Fats, 2015
9.4. Import and Export Analysis for Others, 2015
9.5. Import and Export Analysis, Edible Oils and Fats Market, Forecast,
Chapter 10 Iraq Edible Oils and Fats Market: Industry Analysis, by Region, 2010-2025
10.1. Overview
10.1.1. Edible Oils and Fats Market: Revenue Forecast, by Region
10.1.2. Edible Oils and Fats Market, Historical Data, Revenue, by Region
10.1.3. Edible Oils and Fats Market, Volume Forecast, by Region
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10.1.4. Edible Oils and Fats Market, Historical Data, Volume, by Region
Chapter 11 Company Profiles
11.1. Aves A.S.
11.1.1. Company Details (HQ, Foundation Year, Employee Strength)
11.1.2. Market Presence, (by Segment, by Geography)
11.1.3. Key Developments
11.1.4. Strategy and Historical Roadmap
11.1.5. Revenue and Operating Income
11.2. Keskinoglu
11.2.1. Company Details (HQ, Foundation Year, Employee Strength)
11.2.2. Market Presence, (by Segment, by Geography)
11.2.3. Key Developments
11.2.4. Strategy and Historical Roadmap
11.2.5. Revenue and Operating Income
11.3. Anadolu Grubu
11.3.1. Company Details (HQ, Foundation Year, Employee Strength)
11.3.2. Market Presence, (by Segment, by Geography)
11.3.3. Key Developments
11.3.4. Strategy and Historical Roadmap
11.3.5. Revenue and Operating Income
11.4. Yildiz Holding
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Edible Oils and Fats Market
11.4.1. Company Details (HQ, Foundation Year, Employee Strength)
11.4.2. Market Presence, (by Segment, by Geography)
11.4.3. Key Developments
11.4.4. Strategy and Historical Roadmap
11.4.5. Revenue and Operating Income
11.5. Altunkaya Group of Companies
11.5.1. Company Details (HQ, Foundation Year, Employee Strength)
11.5.2. Market Presence, (by Segment, by Geography)
11.5.3. Key Developments
11.5.4. Strategy and Historical Roadmap
11.5.5. Revenue and Operating Income
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Edible Oils and Fats Market
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The market was valued at US$1.3 bn in 2015 and is expected to reach US$2.3 bn by 2025, expanding at a CAGR of 6.0% therein. By volume, the Iraq edible oils and fats market is anticipated to register a 3.3% CAGR from 2016 to 2025. View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14888