Coconut Oil Global Market Report 2023 – By Product (Virgin Coconut Oil, Coconut RBD Oil), By Price Point (Mass, Premium), By Distribution (Direct Distribution, Convenience Stores, Modern Trade Units, E-Commerce, Others Distributions), By Application (Food Industry, Agriculture, Cosmetics And Personal Care Industry, Chemical Industry, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Cold-pressed oil refers to a method of oil extraction where the oilseeds are crushed and pressed to extract oil. The entire process involves pressure and no heat and that is what makes the oil healthier than any other form. Cold-pressed oils are extracted from oilseeds including sunflower, canola, coconut, sesame seed, or olive without applying heat. The cold press method involves crushing the seeds or nuts and forcing out the oil through pressure. The main types of products on cold pressed oil are coconut oil, palm oil, ground nut oil, rapeseed oil, soybean oil, sunflower oil, and others. Palm oil is the edible oil that is extracted from the pulp of the fruit of the oil palms. The various distribution channels include hypermarkets and supermarkets, convenience stores, online, and others. It is in several applications such as food industry, agriculture, and cosmetics and personal care industry. The global cold pressed oil market is segmented – 1) By Product: Coconut Oil, Palm Oil, Ground Nut Oil, Rapeseed Oil, Soybean Oil, Sunflower Oil, Other Products 2) By Distribution Channel: Hypermarkets and Supermarkets, Convenience Stores, Online, Other Distribution Channels 3) By Application: Food Industry, Agriculture, Cosmetics and Personal Care Industry The global cold pressed oil market size will grow from $28.04 billion in 2022 to $30.4 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cold pressed oil market size is expected to grow to $40.11 billion in 2027 at a CAGR of 7.2%. The rise in health awareness among individuals is expected to propel the cold-pressed oil market growth going forward. Awareness-raising is the process that seeks to inform and educate people about a topic or issue with intention of influencing their attitudes, behaviors, and beliefs toward the achievement of a defined purpose or goal. People nowadays have started to become more aware of their health, especially when it comes to good food hygiene and certain lifestyle choices. Cold-pressed oil can be used for cooking, and it is best for foods cooked on low/medium heat. Cold-pressed oils provide health benefits in addition to meeting basic nutritional requirements. They are functional products that contain a variety of bioactive substances. Aside from nutritional and health benefits, cold-pressed oils also improve skin and add flavor to food. For instance, according to The Barbecue Lab, a US-based barbecue restaurant, in 2022, 93% of Americans want to eat healthily, and 63% of consumers say they try to eat healthy food most or all of the time. Therefore, the rise in health awareness among individuals is driving the growth of the cold-pressed oil market. Major players in the cold pressed oil market are Statfold Seed Oils Ltd., Wilmar International Ltd., Archer Daniels Midland Company (ADM), Bunge Limited, Cargill Inc., China Agri-Industries Holdings Limited, Naissance Natural Healthy Living, Gramiyum Wood Pressed Oils, FreshMill Oils, The healthy Home Economist, Lala Group, Dabur Ltd., Max Care, DiSano Foods, Anjali Sesame Oils. The development of innovative processes have emerged as a key trend gaining popularity in the cold-pressed oil market. Major companies operating in the cold-pressed oil market are focused on developing new technological solutions to strengthen their position. For instance, In April 2022, Botanic Innovations, a U.S.-based producer of highly specialized oils and powders from some of the most nutritious plants in the world, launched the NatureFRESH Cold Press Process, a naturally gentle and sustainable process. All of their seed oils and powders are extracted using this gentle, all-natural process. The NatureFRESH Cold Press processes the yields of seed oils in their purest form—no chemicals, no solvents, and no preservatives. Cool processing temperatures help to preserve the natural characteristics and powerful nutritional benefits of the seeds. In January 2022, Mensa Brands, an India-based investment firm, acquired Florona for an undisclosed amount. This acquisition is expected to help Mensa brands in growing themselves with the help of their technology, operations and digital brand-building expertise. Florona is an India-based company of aromatherapy and natural personal care products and it offers cold-pressed carrier oils. Asia-Pacific was the largest region in the cold pressed oil market in 2022. The regions covered in the cold pressed oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cold pressed oil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cold pressed oil market consists of sales of olive oil, sesame oil, avacado oil, and flakeseeds oil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cold-pressed oil market research report is one of a series of new reports from The Business Research Company that provides cold-pressed oil market statistics, including cold-pressed oil industry global market size, regional shares, competitors with cold-pressed oil market share, detailed cold-pressed oil market segments, market trends, and opportunities, and any further data you may need to thrive in the cold pressed oil industry. This cold-pressed oil market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Oilseed refers to crops grown for the production of edible oil. Oilseed farming refers to primarily growing oilseed crops for the oil contained in the seeds. The main types of oilseed farming are soybean farming and other types. Soybean farming refers to a hairy annual Asian legume that is widely grown for its oil-rich proteinaceous seeds, forage, and soil improvement. The farming processes are organic oilseed farming and traditional farming. The various applications included food products, feed, and industrial products. The global oilseed farming market is segmented - 1) By Type: Soybean Farming, Other Oilseed Farming 2) By Applciation: Food Products, Feed, Industrial Products 3) By Farming Process: Organic Oilseed Farming, Traditional Farming The global oilseed farming market size grew from $494.54 billion in 2022 to $551.59 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global oilseed farming market is expected to grow to $851.6 billion in 2027 at a CAGR of 11.5%. Big data farming, also known as precision farming, is being widely used in several developed countries to make oilseed production more efficient. Precision agriculture collects real-time data on weather, soil and air quality, crop maturity, equipment, labour costs, and availability to carry out agriculture activities. Farmers use these techniques to determine the amount of nutrients, water, seed, and other inputs required to produce a wide range of oilseed crops in diverse soil environments, thereby increasing farm and crop yield. Major companies in the oilseed farming market include Bunge Limited, Bayer AG, Corteva Inc., UPL Limited, Grupo Amaggi, Seaboard Corporation, Batu Kawan Berhad, Nutrien Ltd., Jardine Matheson, and KWS Saat SE. The Asia-Pacific was the largest region in the oilseed farming market share in 2022. Western Europe was the second-largest region in the oilseed farming market. The regions covered in the global oilseed farming market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the oilseed farming market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The oilseed farming market consists of revenues earned by entities that produce oilseed crops including soybeans, sunflower seeds, rapeseeds, sesame seeds and other oilseeds. These crops are typically grown in open fields and have an annual growth cycle. This market excludes processed oilseed products such as refined and unrefined vegetable oils and oilseed extracts. This market also excludes the proceeds from the captive (internal) consumption of the seeds for further processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included . The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oilseed farming market research report is one of a series of new reports from The Business Research Company that provides oilseed farming market statistics, including global market size, regional shares, competitors with an oilseed farming market share, detailed oilseed farming market segments, market trends and opportunities, and any further data you may need to thrive in the oilseed farming industry. This oilseed farming market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Oil storage refers to reservoirs or containers used to store oils. The oil storage tank is used to hold oil products temporarily before they are transported to end-users. Oil storage is used by companies to get more profits by using the cheapest storage method called underground spaces like the depleted reservoir. The main types of oil storage include pen top tanks, fixed roof tanks, floating roof tanks and others. The open-top tank refers to process-oriented tanks and is typically used for blending or containment such as chroming tanks, dipping tanks, and batch tanks. These are used in industries as secondary containers for liquid storage. These tanks are used for the storage of crude oil, gasoline, aviation fuel, naphtha, diesel, kerosene and liquefied petroleum gas (LPG). The different materials used in oil storage include steel, carbon steel, fibreglass reinforced plastic (FRP) and others. The global oil storage market is segmented - 1) By Product Design: Open Top Tank, Fixed Roof Tank, Floating Roof Tank, Other Designs 2) By Type: Crude Oil, Gasoline, Aviation Fuel, Naphtha, Diesel, Kerosene, Liquefied Petroleum Gas (LPG) 3) By Materials: Steel, Carbon Steel, Fiberglass Reinforced Plastic (FRP), Other Materials The global oil storage market size grew from $9.41 billion in 2022 to $9.86 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the oil storage market is expected to grow to $11.94 billion in 2027 at a CAGR of 4.9%. The increase in the demand of crude oil supply is expected to propel the growth of the oil storage market. Oil storage is used for storing crude oil, petroleum, and other oil products that are further supplied to end-users. The increase in demand of crude oil supply is due to an increase in consumption of crude oil products like petroleum, oil, and gas. As the oil consumption grows, it will increase the demand of crude oil supply and there will be a significant need for oil storage. For instance, according to the International Energy Agency (IEA), consumption of natural gas in India is expected to reach 25 billion cubic meters with an annual growth of 9% by 2024, and also, according to the Indian Brand Equity Foundation (IBEF), oil demand in India is expected to grow by 50% by 2030 compared to 7% growth for global demand. Therefore, the increase in the energy of crude oil supply is expected to drive the growth of the oil storage market. Major players in the oil storage market are Belco Manufacturing Co Inc., Brooge Energy, Containment Solutions Inc., LBC Tank Terminals, L F Manufacturing Inc., Oiltanking GmbH, ZCL Composites, Oman Tank Terminal Company, Columbian Steel Tank, Vitol Tank Terminals International BV, Ghazanfar Group, Horizon Terminals Ltd and Waterford Tank & Fabrication. Product innovation is a key trend gaining popularity in the oil storage market. Many companies operating in the oil storage market are focusing on developing new products to increase their portfolio and capture additional revenue. For instance, in April 2020, Sasol, a South Africa-based integrated energy and chemical company launched TERRAVIS PI. It is used for high production efficiency with low cost. The TERRAVIS PI is a unique product as it improves the flowability of crude oil, particularly in colder environments by reducing insulation, solvent, utility, and mechanical removal costs. In June 2021, Energi Asia, a UAE-based oil and gas infrastructure investment company acquired the assets of Bulk Terminal Storage from Oiltanking. The acquisition demonstrates Energi’s continued commitment to strengthening its infrastructure in the African region and supporting customers with both conventional and alternative fuel storage needs. Oiltanking is a Germany-based logistics service provider of tank terminals for petroleum products, chemicals, and gases. North America was the largest region in the oil storage market in 2022. The regions covered in the oil storage market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oil storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The oil storage market consists of sales of atmospheric storage tanks (AST), open top tanks (OTT), external floating-roof tanks (EFRT), and internal floating-roof tanks (IFRT). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oil storage market research report is one of a series of new reports from The Business Research Company that provides oil storage market statistics, including oil storage industry global market size, regional shares, competitors with an oil storage market share, detailed oil storage market segments, market trends and opportunities, and any further data you may need to thrive in the oil storage industry. This oil storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An oil accumulator refers to an energy storage device that holds the fluid through an external source such as a spring, gas, or piston. They are used for various objectives, including noise reduction and pulsation dampening. The main types of oil accumulators are low-density polyethylene, linear low-density polyethylene, high-density polyethylene, ethylene vinyl acetate, and others. Low-density polyethylene refers to a soft, flexible, lightweight plastic material. This material is well known for its low-temperature flexibility, toughness, and corrosion resistance. This is a very versatile plastic and is often used in flexible film and bag applications. The various pressure ratings include up to 6,000 psi and above 6,000 psi. The several applications include blow-out preventers and wellhead control, offshore rigs, and mud pumps. The global oil accumulator market is segmented – 1) By Type: Bladder Accumulator, Piston Accumulator, Diaphragm Accumulator 2) By Pressure Rating: Up to 6,000 Psi, Above 6,000 Psi 3) By Application: Blow Out Preventer and Well Head Control, Offshore Rigs, Mud Pumps The global oil accumulator market size will grow from $44.6 billion in 2022 to $48.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oil accumulator market size is expected to grow to $62.96 billion in 2027 at a CAGR of 6.9%. The increasing exploration and production activities are expected to propel the growth of the oil accumulator market going forward. Exploration activities refer to activities of the oil and gas industry, which include creating geological surveys and obtaining land rights, and production activities, which include onshore and offshore drilling. Oil accumulators are used to prevent fluid loss and to cope with extreme erratic pressures and uncontrolled flow in a well for the exploration of oil and gas. For instance, according to the Indian Brand Equity Foundation, an India-based government agency, in October 2021, the Union Ministry of Petroleum and Natural Gas approved $3.8 billion to increase refining capacity. Also, in 2021, Bharat Petroleum invested $13.66 billion in upstream oil and gas exploration and production. Therefore, the increased exploration and production activities are expected to drive the oil accumulator market during the forecast period. Major players in the oil accumulator market are Hydac, Parker Hannifin, Bosch Rexroth AG, NIPPON ACCUMULATOR CO. LTD., Technetics Group, Eaton Corporation PLC, Hannon Hydraulics, Freudenberg Group, Hydroll oy, GE Oil & Gas, Hydroll, Tobul Accumulator Inc., Roth Industries LLC, and Rotec Hydraulics. New product innovations have emerged as the key trend gaining popularity in the oil accumulator market. Major companies operating in the market are introducing new products to sustain their position in the market. For instance, in May 2021, Liebherr, a German-based equipment manufacturer, launched piston accumulators for the 250 and 350 bar pressure range. These act as an additional series-production range and can be used either as a single solution or in conjunction with other hydraulic components as a system. This helps with a range of piston diameters from 100 to 360 mm. In August 2021, Parker Hannifin Corporation, a US-based motion and control technologies company, acquired LORD Corporation for a deal amount of $3.675 billion. The strategic acquisition creates a highly complementary business with excellent materials science skills, electrification, and aerospace product lines. LORD Corporation is a US-based diversified technology and manufacturing company that develops adhesives, coatings, motion management devices, and sensing technologies for industries such as aerospace, automotive, oil and gas, and industrial. North America was the largest region in the oil accumulator market in 2022. The regions covered in the oil accumulator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the oil accumulator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The oil accumulator market consists of sales of weight loaded piston type, diaphragm (or bladder) type, spring type and the hydro pneumatic piston type oil accumulator. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oil accumulator market research report is one of a series of new reports from The Business Research Company that provides oil accumulator market statistics, including oil accumulator industry global market size, regional shares, competitors with an oil accumulator market share, detailed oil accumulator market segments, market trends and opportunities, and any further data you may need to thrive in the oil accumulator industry. This oil accumulator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Oilseed refers to a crop or seed that is especially produced for the pupose of extracting edible oil from seeds. Oil, a staple of our food and a significant source of fatty acids, is produced mostly from oilseed crops. Soybeans and peanuts can be viewed as oilseeds in a more general sense. The main types of oil seeds are copra, cottonseed, palm kernel, peanut, rapeseed, soybean, sunflower seed, and others. The copra oilseeds refer to the dried meaty part of the coconut, which is used for extracting oil, and the residue remaining after extraction is converted to a coconut-oil cake that is used as feed for animals. The various biotech traits include herbicide tolerant, insecticide resistant, and other stacked traits that can be divided into categories including genetically modified and conventional. Numerous applications include oilseed meal, vegetable oil, and other applications which are used by various end-use industries such as the food industry, personal care and cosmetics, pharmaceuticals, and end users. The global oilseeds market is segmented – 1) By Oilseed Type: Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, Sunflower Seed, Other Oilseed Types 2) By Biotech Trait: Herbicide Tolerant, Insecticide Resistant, Other Stacked Trait 3) By Category: Genetically Modified, Conventional 4) By Application: Oilseed Meal, Vegetable Oil, Other Applications 5) By End-Use Industry: Food Industry, Personal Care and Cosmetic, Pharmaceutical, Other End Users The global oilseeds market size will grow from $268.13 billion in 2022 to $290.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oilseeds market size is expected to grow to $378.56 billion in 2027 at a CAGR of 6.9%. The growing usage of oilseeds in animal feed is expected to propel the growth of the oilseed market going forward. Oilseeds are a rich source of oil, fatty acids, vitamins, minerals, protein, and fiber, all of which are often employed in the extraction of oil. Following the extraction of oil from oilseeds, the nutrient-dense pulp is transformed into oilcake or meals and fed to dairy farm animals to improve the product and quality of milk while also reducing feed requirements. For instance, according to a report by the United States Department of Agriculture (USDA), a US-based agriculture service organization, in 2021, the total production of oil meal was around 18.5 metric tons. Approximately 70-80% of India’s total oilseed supply is crushed for producing meal, and the oil and meal derived are used mostly for animal feed on farms. Therefore, the growing usage of oilseeds in animal feed is driving the demand for the oilseed market. Major players in the oilseeds market are The Archer Daniels Midland Company, BASF SE, Burrus Seed Farm, Cargill Incorporated, Corteva Agriscience, Mahyco Seeds, Syngenta Group, Gansu Dunhuang Seed Group Co. Ltd., Bunge Limited, DuPont, Land O'Lakes Inc., Nuziveedu Seeds, Ostro Organics Inc., The Dow Jones Industrial Average, Wilmar International, Cootamundra Oilseeds, Soni Soya Products Limited, Monsanto Company, Groupe Limagrain Holding, La Tourangelle, BIO PLANETE, Seed Co Limited, Roland Foods, OPW Ingredients, and Groupe Limagrain. Rising government initiatives are a key trend gaining popularity in the oilseeds market. Governments across the world are taking an indicative to improve the production of oilseeds and cut costly vegetable oil imports. For instance, in August 2021, the government of India launched a National Mission on Oilseeds and Oil Palm, a strategy to increase local oilseed output and become self-sufficient in edible oil. Through the National Mission on Oilseeds and Palm Oil, the government will invest more than 110 billion rupees ($1.48 billion) to provide farmers with everything they need, including better seeds and technology. In December 2021, Crystal Crop Protection Limited, an India-based agrochemical company, acquired the seeds business of Bayer AG for an undisclosed amount. The acquisition includes seeds of cotton, mustard, pearl millet, and grain sorghum hybrids. Through this acquisition, Crystal Crop aims to be among the leading corporations' seed businesses. And also, the acquisition would strengthen the field crop seed business and make it a strong integrated Agri-Input player. Bayer AG is a Germany-based company that produces better oilseeds, which helps to meet consumer demand for healthy, great-tasting foods. North America was the largest region in the oilseeds market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oilseeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the oilseeds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The oilseed market consists of sales of groundnut, rapeseed & mustard, soybean, sunflower, sesame, safflower and castor and linseed. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oilseeds market research report is one of a series of new reports from The Business Research Company that provides oilseeds market statistics, including global oilseeds industry size, regional shares, competitors with an oilseeds market share, detailed oilseeds market segments, market trends, and opportunities, and any further data you may need to thrive in the oilseeds industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Oilfield communications refer to technologies that integrate and automate oilfield operations to provide information and decrease the supply and demand gap. The oilfield communications are used to boost equipment productivity, optimize infrastructure operations, and keep personnel safe. The main communications for oilfield communications are cellular communication networks, VSAT communication networks, fiber optic-based communication networks, microwave communication networks, and tetra networks. A microwave communication network refers to a line-of-sight wireless communication technology that uses high-frequency beams of radio waves to provide high-speed wireless connections that can send and receive voice, video, and data information. The components are solutions and services. The various technologies involved cellular networks, VoIP, unified communications, M2M, microwave communication, WiMAX, VSAT, TETRA, fiber optics, WAN, and LAN. The field sites are onshore and offshore. The global oilfield communications market is segmented - 1) By Communication Network: Cellular Communication Network, VSAT Communication Network, Fiber Optic-Based Communication Network, Microwave Communication Network, Tetra Network 2) By Component: Solutions, Services 3) By Technology: Cellular Network, VoIP, Unified Communications, M2M, Microwave Communication, WiMAX, VSAT, TETRA, Fiber Optics, WAN, LAN 4) By Field Site: Onshore, Offshore The global oilfield communications market size will grow from $3.52 billion in 2022 to $3.77 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the oilfield communications is expected to grow to $4.86 billion in 2027 at a CAGR of 6.6%. Increasing oil production is expected to propel the growth of the oilfield communications market going forward. Oil production refers to the act of drilling a hole in the earth in the hope of producing petroleum. Oilfield communications provide the required connectivity, data, and insights to control production operations and reduce accidents and wastage, thereby enhancing production by eliminating communication hindrances. For instance, in 2022, according to the Energy Information Administration (EIA), a US Department of Energy statistical agency, the global consumption of petroleum and liquid fuels is estimated to be 99.4 million b/d, an increase of 2.1 million b/d from 2021. Therefore, increasing oil production is driving the oilfield communications market growth. Major players in the oilfield communications market are Huawei Technologies Co. Ltd., Siemens AG, Speedcast, ABB Power Grids Ltd., Ceragon Networks Ltd., RigNet Inc., Commscope, Inmarsat PLC, Tait Communications, Baker Hughes Incorporated, Alcatel-Lucent S.A., Rad Data Communications, Hughes Network Systems LLC, Airspan Networks, Commtel Networks Pvt. Ltd., GE Digital, Mostar Oilfield Communications, and Redline Communications. Technological innovations are a key trend gaining popularity in the oilfield communications market. Major companies operating in the oilfield communication market are focused on developing new technological solutions to strengthen their position. For instance, in May 2022, Baker Hughes, a US-based company operating in oilfield communications, launched a new subsea wellhead technology, the MS-2 Annulus Seal, to save operational rig costs by helping lower overall wellhead installation costs because of fewer rig trips. This integrated sealing solution was launched and exhibited at the 2022 offshore technology conference in Houston and adopted by multiple customers in North and South America. The MS-2 Annulus Seal brings increased operator confidence in good integrity and extends well life, helps to lower the cost of well construction and intervention, expands intervention options, and ensures security and confidence of good integrity in challenging conditions. In April 2021, Viasat, a US-based communication company, acquired Rignet for an amount of $222 million. With this acquisition, Viasat intends to broaden its portfolio diversification strategy and address its customers' communication challenges. Rignet is a US-based company operating in oilfield communication. North America will be the largest region in the oilfield communications market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this oilfield communications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the oilfield communications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The oilfield communications market consists of revenues earned by entities by providing cellular communication network. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oilfield communications market research report is one of a series of new reports from The Business Research Company that provides oilfield communications market statistics, including oilfield communications industry global market size, regional shares, competitors with an oilfield communications market share, detailed oilfield communications market segments, market trends and opportunities, and any further data you may need to thrive in the oilfield communications industry. This oilfield communications market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Oilfield services refer to the services that support onshore and offshore oil and gas extraction and production processes. These services are used to construct, complete, and produce oil and gas wells and are also used to construct, complete, and produce oil and gas wells. The main service types of oilfield services are subsea services, seismic services, drilling services, workover and completion services, production equipment, processing and separation services, and other service types. Seismic services refer to a method of investigating underground properties and rock patterns using induced shock wave reflections. The types are equipment rental, field operation, and analytical and consulting services. The various applications involved onshore and offshore. The global oilfield services market is segmented - 1) By Service Type: Subsea Services, Seismic Services, Drilling Services, Workover and Completion Services, Production Equipment, Processing and Separation Services, Other Service Types 2) By Type: Equipment Rental, Field Operation, Analytical and Consulting Services 3) By Application: Onshore, Offshore The global oilfield services market size will grow from $180.32 billion in 2022 to $192.1 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the oilfield services is expected to grow to $241.41 billion in 2027 at a CAGR of 5.9%. Increasing shale gas extraction is expected to propel the growth of the oilfield services market going forward. Shale gas refers to natural gas that has been trapped inside shale rocks. Oilfield services such as directional drilling and hydraulic fracturing have increased shale gas production from such important sources. For instance, in March 2022, according to the Energy Information Administration Report, a US-based government agency, shale volumes in March were at 8.591 million b/d and grew to 8.708 million b/d in April, which has been driven by an increase in the Permian Basin. Therefore, the increasing shale gas demand is driving the growth of the oilfield services market. Major players in the oilfield services market are Schlumberger Limited, Baker Hughes GE, Halliburton Company, Weatherford International PLC., China Oilfield Services Limited (COSL), Basic Energy Services Inc., Superior Energy Services Inc., Transocean Ltd., National Oilwell Varco, Saipem Spa, Petrofac Limited, Trican Well Services Ltd., Oil States industries, The Emerson Electric Company, Welltec Oilfield Services Pvt Ltd., Weir Oil & Gas Inc., and TechnipFMC plc. Technological advancements are a key trend gaining popularity in the oilfield services market. Major companies operating in the oilfield services market are focused on developing new technological solutions to strengthen their position. For instance, in July 2021, Saipem, an Italy-based company operating in oilfield services, launched SUISO, a technological solution for the production of green hydrogen, thus confirming its commitment to support its clients in the energy transition. This solution would combine various renewable energy sources such as floating wind, floating solar and marine energy in a single system to power, together or individually, electrolyzes installed on existing offshore platforms for the production of green hydrogen. The oxygen resulting from this process is used in various areas, such as aquaculture or seaweed production. In September 2021, Schlumberger Ltd., a US-based company operating in oilfield services, acquired Independent Data Services for an undisclosed amount. Through this acquisition, Schlumberger aims to enhance the industry's first cloud-based end-to-end drilling solution, which also adds the only automated reporting software to Schlumberger's digital drilling offering. Independent Data Services is a Malaysia-based company operating in the oilfield services. North America will be the largest region in the oilfield services market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in this oilfield services market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the oilfield services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The oilfield services market includes revenues earned by entities by providing services such as drilling and formation evaluation, well construction, and completion services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oilfield services market research report is one of a series of new reports from The Business Research Company that provides oilfield services market statistics, including oilfield services industry global market size, regional shares, competitors with an oilfield services market share, detailed oilfield services market segments, market trends and opportunities, and any further data you may need to thrive in the oilfield services industry. This oilfield services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Dairy alternatives are foods that are used as substitutes for dairy products. These products are extracted from plants including cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa). The main product types are non-dairy milk, butter, cheese, yogurts, ice cream, and other product types. Butter is a yellow-to-white solid emulsion of fat globules, water, and inorganic salts and is produced by churning the cream from cows' milk. The various sources of dairy alternatives are almond, soy, oats, hemp, coconut, rice, and other product types. The dairy alternatives are distributed through supermarkets, health food stores, pharmacies, convenience stores, online stores, and other product types. The global dairy alternatives market is segmented - 1) By Product Type: Non-dairy Milk, Butter, Cheese, Yogurts, Ice cream, Other Product Types 2) By Source: Almond, Soy, Oats, Hemp, Coconut, Rice, Other Sources 3) By Distribution Channel: Supermarkets, Health Food stores, Pharmacies, Convenience Stores, Online stores, Other Distribution Channels The global dairy alternatives market size will grow from $24.09 billion in 2022 to $27.6 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of dairy alternatives is expected to grow from $45.16 billion in 2027 at a CAGR of 13.1%. Increasing cases of lactose intolerance and milk allergies are projected to contribute to the dairy alternatives market's growth. Lactose intolerance or congenital lactase deficiency is a situation wherein the small intestine is incapable of making the enzyme lactase to break down or digest lactose, moving undigested lactose to the large intestine, causing symptoms such as diarrhoea, gas, and bloating. According to the Cleveland Clinic, more than 30 million people in America are lactose intolerant. This scenario is likely to generate higher demand for dairy alternatives, which in turn, is anticipated to boost the growth of the dairy alternatives market's revenue over the forecast period. Major players in the dairy alternatives market are Tate & Lyle, CP Kelco Inc., SunOpta Inc., The Whitewaves Food Company, Organic Valley, The Hain Celestial Group, Blue Diamond Growers, Sunopta, and Archer Daniels Midland Company. A lack of awareness among consumers about the nutritional benefits of dairy alternative market products is expected to hinder the growth of the market. Many dairy consumers feel that dairy substitutes are lower in nutritional content than cow’s milk and other dairy products. According to a Cargill study, about 90% of households in America consume dairy products as a part of their daily diets, whereas only 4% of the population consumes only non-dairy products. Therefore, the lack of awareness among the populace about the nutritional benefits of the dairy alternatives industry is expected to hinder the growth of the market over the next few years. New product innovation is the trend in the dairy alternative market. In June 2022, Nestlé S.A, a Swtizerland-based multinational food, and drink processing conglomerate corporation, announced the launch of Little Steps Plantygrow, a plant-based growing-up drink for toddlers from one to three years of age. According to Nestlé S.A, it contains iron, vitamins A, C, B2, B12, and iodine, no additional carbohydrate, and enhanced with omega3 and 6 for the overall development of toddlers. In May 2021, Saputo Inc, a Canada-based dairy company acquired Bute Island Foods for an undisclosed amount. Through this acquisition, Saputo Inc aims to strengthen its product portfolio in plant-based dairy alternatives and to gain a competitive advantage in the market. Bute Island Foods is a UK-based cheese producer. Asia-Pacific was the largest region in the dairy alternatives market in 2022. Western Europe was the second-largest region in the dairy alternatives market report. The regions covered in the dairy alternatives industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the dairy alternatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The dairy alternatives market consists of sales of soy milk, rice milk, oat milk, coconut milk, and flaxseed milk, cheese substitutes comprise soft cheese and hard cheese, butter alternatives such as nut butter, coconut butter, vegetable oil blends, cultured vegan butter, and other dairy alternatives. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The dairy alternatives research report is one of a series of new reports from The Business Research Company that provides dairy alternatives statistics, including dairy alternatives industry global market size, regional shares, competitors with dairy alternatives share, detailed dairy alternatives segments, market trends and opportunities, and any further data you may need to thrive in the dairy alternatives industry. The dairy alternatives research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.