Market Share of Specialty Fats And Oils Industry
The specialty fats and oils market is highly competitive due to the presence of many international, regional, and local players. The key players operating in the market are Bunge Limited, Wilmar International Limited, Golden Agri-Resources Ltd, Kuala Lumpur Kepong Berhad, and Sime Darby Plantation Sdn Bhd, among others. The market players are adopting expansion as a key strategy to strengthen their specialty fats and oils business.
In addition, the key players have used various strategies such as agreements, joint ventures, acquisitions, partnerships, product launches, and others to gain a significant market share. The market players are investing heavily in research and development (R&D) to expand their specialty fat and oil product portfolios and attract more end-users by providing innovative products.
Similarly, players, such as Sime Darby Plantation, are marketing their products by launching new campaigns and introducing sustainable strategies for smallholders and regional farmers to accentuate their position among other industry players.
Specialty Fats & Oils Market Leaders
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Bunge Limited
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Wilmar International Limited
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Golden Agri-Resources Ltd
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Kuala Lumpur Kepong Berhad
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Sime Darby Plantation Sdn Bhd
*Disclaimer: Major Players sorted in no particular order
