Market Share of South America Vegetable Oil Industry
The South American vegetable oil market is competitive. The most active companies in the South American vegetable oils market are Bunge Limited, Cargill Incorporated, Sime Darby Plantation Berhad, Wilmar International Limited, and Agropalma, among others. The active companies in the market have adopted product innovation as the strategy due to changing consumer preferences in the region.
The major focus of the companies is to offer products with a wider application range aiding all feed, food and beverage, and industrial sectors, thereby catering to consumers' preferences efficiently. Moreover, the companies have adopted continuous expansion as their strategy to achieve a competitive advantage in the market and expand their geographical presence and customer base.
South America Vegetable Oil Market Leaders
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Sime Darby Plantation Berhad
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Cargill, Incorporated
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Bunge Limited
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Agropalma
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Wilmar International Limited
*Disclaimer: Major Players sorted in no particular order