World Vegetable Oils Markets

World Vegetable Oils Markets

This report analyzes the worldwide markets for Vegetable Oils in Thousands of Metric Tons. The major product segments analyzed are Soybean, Olive, Canola, Sunflower & Safflower, Corn, Palm, Coconut, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region and product segment for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 576 companies including many key and niche players worldwide such as Archer Daniels Midland Company, Pura Foods Ltd., Bunge North America Inc, Bunge Alimentos SA, Bunge Canada, Canbra Foods Ltd, Carapelli Firenze S.p.A., Cargill Incorporated, Solae, LLC, ConAgra Foods Inc., COFCO Limited, Dow AgroSciences, Loders Croklaan Group, J-Oil Mills Inc., Kumpulan Guthrie, Kuala Lumpur Kepong Berhad, Lam Soon, PT Intiboga Sejhatera, Saffola Quality Foods Inc., Shindongbang Corporation, Unilever PLC, and United Plantations Berhad. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
1. Soybean Oil I-4
2. Olive Oil I-4
3. Canola Oil I-4
4. Sunflower and Safflower Oil I-4
5. Corn Oil I-4
6. Palm Oil I-5
7. Coconut Oil I-5
8. Other Oils I-5


II. EXECUTIVE SUMMARY

1. Industry Overview II-1
World Vegetable Oil Market: Incisive Insights into Its
Changing Landscape II-1
Growth Propellants & Business Challenges II-1
Short Market Sizzlers II-2
Strong World Oil Seed Production Promises a Softening of
Vegetable Oil Prices II-4
Table 1: World Production of Select Oilseeds for the Year
2004 - Soybean, Rapeseed, Cottonseed, Peanut, Sunflowerseed,
Palm Kernel, and Copra (In Million Tons) (includes
corresponding Graph/Chart) II-4

Table 2: Worldwide Production of Edible Oils & Animal Fats By
Type - 1996-2003 (In ‘000 Tons) (includes corresponding
Graph/Chart) II-4
Table 3: Worldwide Production of Edible Oils By Select
Countries: (1996-2003): (In ‘000 Tons) (includes
corresponding Graph/Chart) II-5
Table 4: Per Capita Consumption of Edible Oil in Select
Country/Region for the year 2004 (In Kgs) (includes
corresponding Graph/Chart) II-5
Market Trends/Issues II-5
Palm Oil Demand on the Roll, Becomes the Largest Consumed
Vegetable Oil II-5
Soybean Oil Prices Affect Biodiesel Profits II-6
Strong Prices of Soybean Oils Contribute to Soybean Inflation II-6
Vegetable Oil Based Lubricants Now Affordable II-6
Coconut Oil Production Falls II-7
Increasing Prices Result in Crisis of International Palm Oil II-7
Global Olive Oil Production to Rise II-7
Palm Oil Production to Rise Due to High Demand II-8
Soybean Oil Consumption In a Downward Spiral II-8
Malaysia Optimally Poised to Capitalize On China’s Import Binge II-8
The Dragon Guzzling in Vegetable Oils II-8
South America Elbows Out US as the World’s Largest Producer
of Soybeans II-9
Market for GMO Based Oils Turns Hostile II-9
Food Service Industry Upbeat on Canola Oil II-10
Upmarket Olive Oil Makes a Comeback II-10
Zero Trans Fats Oil: A Next Gen Market Segment II-10
Thailand Emerges with Grand Palm Production Initiatives:
Three’s A Crowd II-10
Indian Import Duty on Palm Oil Impacts Global Prices: A Peek
into Its Correlation II-11
Not all is Quite at the Palm Oil Front: A Peek Into the
Evolving Controversies II-11
Soybean Oil Vouches a Comeback II-12
Vegetable Oils Don the Grab of Health & Well Being II-12
Creative Incandescence: New Flavors and Dietary Elements
Drive Demand II-13
Linola Oil - A New Entrant II-13
Smuggling Takes the Wind Out of the Market’s Sails II-13
El Niño & Palm Oil II-13
Emerging Non-Edible Applications II-14
Vegetable Oils in Printing Inks: A Bright Business Idea II-14
It’s a Crazy World: Vegetable Oils as Fuel for Automobiles!! II-14
Preferential Trade Treatment for Biodiesel Helps Propel
Demand for Veg-Oils II-15
Brazil Zealous Over Biodiesel II-15
Product Metrics II-15
Health Traits of Canola/Rapeseed Oil Redefined II-15
Palm Oil: A Price Leader II-16
Olive Oil: A Pricey Product II-16
What Makes Sunflower Oil Popular? II-17
Build Up of Competition in the Soybean Oil Segment: A
Synoptic Review II-17
Table 5: Global Production of Soybean Oil: 2001- 2005(In
Million Tons) (includes corresponding Graph/Chart) II-18
Notes from Across Markets Worldwide II-18
North America Turns Anti TFA II-18
The FDA Urged to Ban the Use of PHVO in Food Products II-18
Implications for Partially Hydrogenated Vegetable Oils II-19
Low Trans-Fat Provoke A Change in Demand Fundamentals II-19
TFA Issues Spreading to Europe II-19
GMO Based Oils in Europe At a Distinct Disadvantage II-20
Russian Vegetable Oil Output Spikes in 04 II-20
Aston: Russia’s Emerging Vegetable Oil Major II-20
Vegetable Oil Extraction in Ukraine Hits a Snag II-21
Nigeria Bans Vegetable Oil Imports II-21
Unrelenting Rise in Vegetable Oil Prices Push Indian
Importers Over the Edge II-21
Indian Groundnut Oil Exports Back in Fore II-22
Indonesian Palm Oil Exports Upbeat Since Year 2001 II-22
A Peek Into Indonesia’s Palm Oil Legend II-22
Malaysia: World’s Largest Exporter of Crude Palm Oil II-23
Malaysia: Sweating Over the Indonesian Palm Oil Threat II-23
Malaysia Sitting On a Huge Pile of Palm Oil Stock II-23

2. Vegetable Oils - An Introduction II-24
Vegetable Oils: An Evolutionary Run-Through II-24
Cooking Oils and Sprays II-24
Production Process: Cooking Oil II-25
Oil Selection - Critical to Food Taste & Texture II-25
New Vistas for Soapstock II-26
Primary Properties of Oils II-26
Chemical Structure of Oils II-26
Chemical and Physical Properties of Vegetable Oils II-27
Significance of Various Physical Properties II-27
Color and Odor II-27
Smoke Point: II-27
Solid Fat Index (SFI) II-27
The Active Oxygen Method (AOM) II-27
Peroxide Value II-28
Antifoaming agents II-28
Free Fatty Acids (FFA) II-28
Melting Point II-28
Iodine Value II-28
A Sneak Preview - From 50s to the Present II-28

3. Product Classification II-29
Vegetable Oils: An Exposition II-29
Soybean Oil II-29
Canola Oil II-29
Sunflower and Safflower Oil II-29
Corn Oil II-30
Olive Oil II-30
Coconut Oil II-31
Palm Oil II-31
Other Oils II-32
Tea Tree Oil II-32
Castor Oil II-32
Jojoba Oil II-32
Peanut Oil II-32
Sesame Oil II-32
Cottonseed Oil II-33
Avocado II-33
Almond, Walnut and Hazelnut II-33
Rice Bran II-33
Grapeseed II-33
Tropical Oils II-33
Alfalfa Oil II-33
Apricot Kernel Oil II-33
Argane Oil II-33
Artemisia Oil II-33
Babassu Oil II-34
Baobab Oil II-34
Blackcurrant Seed Oil II-34
Borage (Starflower) Oil II-34
Brazil Nut Oil II-34
Camellia Oil II-34
Carrot Oil II-34

4. Recent Industry Activity II-36
Bunge Announces Joint Venture with Sinograin II-36
Solae Acquires ISP Product Line from Cargill II-36
Galp Energia to Form Joint Venture with Petrobras II-36
Bunge to Close Kaliakra Sunflower Oil Plant II-37
Volshebny Krai Launches Vegetable Oil Plant in Rostov II-37
Felda Divests Stake in Port Klang Palm Oil Refinery II-37
Ruchi Acquires Mac Oil Palm II-37
IOI Acquires Pan Century from Trapti Trading II-37
Wilmar International Acquires Agribusiness of PPB Group II-38
Magic Valley Opens New Refining Plant for Vegetable Oil II-38
Diversa Enters into Collaboration Agreement with Bunge Oils II-39
Cargill Signs Manufacturing and Marketing Licensing Agreement
with Crisco II-39
Golden Peanut Company Establishes Peanut Oil II-39
SOS Cuetara Acquires Friol Italia II-40
Grupo Agropalma to Set up a Crude Palm Oil Extraction Mill II-40
Myronivka to Set up a Mixed Fodder and Vegetable Oil Complex II-40
AAK Enters into a Joint Venture with Lantmännen II-40
TH Plantations and Yayasan Terengganu Establishes Joint Venture II-41
Three Malaysian Companies Merge to Form a Major Palm Oil Seed
Company II-41
Golsta Synergy to Take Over an Oil Palm Seed Nursery II-41
Kulim to Sell Sumatra Oil Palm Plantation II-41
Bunge to Close Vegetable Oil Facility in Bulgaria II-42
NutriOne to Acquire Intellectual Property II-42
DuPont Completes US Regulatory Submissions for High Oleic
Soybean Oil Trait II-42
AP Co-Operative Oilseeds Growers Federation to Increase Palm
Oil Mill Capacity II-42
Asian Agri to Expand the Oil Palm Business Operations II-42
GAL to Augment Palm Oil Processing and Plantation Operations
in Orissa II-43
Jaya Tiasa to Invest RGT150 Million for Expanding Palm Oil
Operations II-43
Indomal Usahasama to Set up New Palm Oil Center II-43
Golsta Synergy to Acquire Indonesian Oil Palm Seed Plot II-43
Narayanam to Set up Crude Palm Oil Based Biodiesel Production
Plant II-44
BLD Plantation Awards Refinery Construction Contract to Sarawak II-44
CJ Corporation Changes Identity to CJ Cheil Jedang II-44
GS AgriFuels Acquires Sustainable Systems II-44
AAK UK Acquires Croda Food Services II-44
Oil Palm India to Undertake Expansion and Diversification Program II-45
GS CleanTech Enters into Agreement for Corn Oil Extraction II-45
Anglo-Eastern to Acquire Majority Stake in PT Cahaya Oil Estate II-46
Bunge Forms Joint Venture with Chia Tai to Manage Tianjin
Soybean Plant II-46
CB Industrial Bags Contract from Syarikat II-46
Astra Agro Plans to Expand Indonesian Palm Plantation Capacity II-46
Zvezda AD Sets Up Refining Unit for Sunflower Oil II-47
IOI Corp Acquires Majority Stake in Rinwood Pelita II-47
New Company to Come Up in Sabah II-47
Yuzana Edible Oil Group Sets Up Myanmar’s First Modern
Refinery Plant II-47
Iansa Announces Acquisition of Vegetable Oil Facility at Talca II-48
Floarea Soarelui to Launch New Factory in Balti II-48
AALI to Invest in Palm Oil Plantations and Factories II-48
ADM to Expands Oilseed Crushing Capacity II-48
IJM Plantation Signs MOU with Godrej for Oil Palm Plantation II-48
Solnechny Rai Acquires 82.37 % Stake in Liskinsky Vegetable
Oil Facility II-49
Bunge DuPont Biotech Alliance to Increase Production Capacity
of TREUS Oil II-49
Solnechny Rai Acquires Krasnodar Oil and Fat Plant II-49
Pantaloon Retail and Ruchi Soya Enter into a Strategic
Partnership II-49
Halifax to Build and Operate Integrated Palm Oil Terminal in
Indonesia II-50
Cognis Acquires Napro Pharma II-50
Arfei Comercio e Participações Ltda Takes Over Camil Alimentos II-50
Pliska to Increase Vegetable Oil Production II-50
Unimills and NIZO to Join Hands for Innovations in Edible Oils II-51
PDM Group Completes Acquisition of Ashworths II-51
Nufarm Acquires Dovuro and Nutrihealth II-51
Cargill to Expand Hamburg Food Oil Plant II-52
Altinyag Signs an Agreement to Export Sunflower Oil II-52
Cargill to Expand Canola Processing Capacity in Saskatchewan II-52
Lupro Sunflower Oil Facility to Go Onstream in Mahalapye II-53
Allseeds Ukraine to Construct Vegetable Oil Terminal II-53
Laxmi Balaji to Set up Palm Oil Refinery II-53
Felcra to Establish Palm Oil Mill II-53
Dow AgroSciences to Expand Sunflower, Canola Oils Output II-53
Och-Ziff Takes Over 5.2% Share in Singaporean Pine Agritech II-54
Arfei Comercio Acquires Camil Alimentos II-54
Bunge to Acquire Dalian’s Soybean Refining/ Crushing Operations II-54
Bunge North America Plans to Develop Saskatchewan Oil Operations II-54
Novoanninskiy Commences Construction of Sunflower Oil
Extraction Unit II-55
Pancham Plans to Establish Vegetable Oil Production Facility
in West Bengal II-55
Sai Teja to Launch Vegetable Oil Facility in Andhra Pradesh II-55
Eastcoast Agro Plans to Establish Palm Oil Refinery in West
Bengal II-55
Jahan Vegetable Starts Production at 400 ton Facility II-55
Karlshamns and Aarhus United Merge II-55
Bunge Forays into Russia II-56
Cargill Penetrates Russian Edible Oils Market II-56
ADM Shuts Soybean Plant II-56
Cargill Acquires Olpo Podari II-56
PDM Group Takes Over Ashworths II-56
Suomen Rehu Increases Stake in Mildola II-56
Icofort to Start Vegetable Oil Refinery II-57
Premium Nutrients Ventures into European Market II-57
Adani Acquires Oil Refinery Plant from ITC II-57
Cargill Establishes Plant in Brazil II-57
WJ Set Ups Facility in Ukraine II-57
Vegetable Oil Importers Acquire Evdakovskij Fat and Oil
Processing Unit II-57
Fuji Establishes a New Plant in Georgia II-58
Malaysian Investors Jointly Set UP Plant in Philippines II-58
Bayer and Cargill Team Up to Develop Hybrid Canola II-58
ACH Acquires Mazola Corn Oil II-58
BASF Partners with Dow AgroSciences II-58
Iowa State University and Pioneer Hi-Bred International Sign
an Agreement II-58
Olea Australis Signs an MOU with Turri II-59
European Commission Modifies Marketing Standards of Olive Oil II-59
Avantium Technologies BV Initiates New Project to Upgrade Palm
Oil II-59
Unibrasco Commences Production of Corn Oil II-59
Monsanto Canada Acquires Canola LCSI II-59
Malaysian Rubber Plantation Companies to Merge II-60
JM Smucker Acquires Crisco Cooking Oils and Jif Peanut Butter
Businesses II-60
Agnesi Acquires Riso Eurico Italia II-60
Honen Corp. Merges with Ajinomoto Oil Mills II-60
Sos Cuetara SA Acquires Koipe SA II-60
Archer Daniels Midland Forms a Joint Venture with Kao Corp II-60
Misrindo Usama Perindo Enters into a Joint Venture with Degla
Group II-60
Michigan State University, Tata Energy Research Institute and
Monsanto Partner to Develop High Beta- Carotene Oil II-61
DSM Partners with Inglewood Olive Processors II-61
Perkebunan Nusantara to Expand Palm Oil and Rubber Plantations II-61
Harvest States Constructs New Soybean Crushing Unit II-61
Central Soya and AG Processing Set Up Soybean Plants II-61
New Soy Processing Plant Built in Cuba II-61
Iran Starts Cooking Oil Plant in Sirjan Special Economic Zone II-62
Unilever to Sell its Olive Oil Subsidiary in Spain II-62
Unilever Sells Few Bestfood Brands II-62
Central Soya & Ag Processing Invests in Vegetable Oil Refineries II-62
Dow Chemical Receives US$ 5 Million Grant from DoE II-62
Prime Partners Asia Capital Acquires 11.5% Stake in Tunas Baru
Lampung’s IPO II-62
Golden Agri Investment Holdings Enters into a Joint Venture
with Cargill Asia-Pacific II-62
ADM Signs an Agreement with Humko II-63
Hargy Oil Palm Pty Ltd Awards a Contract to CB Industrial Product II-63
Griffin Industries Inc Bags Federal Contract to Recycle Used
Cooking Oil to Produce Biodiesel II-63
The US Signs Two Agreements with Pakistan II-63
Cousa (Compania Oleaginosa Uruguaya) Undertakes Expansion II-63
Energea CZ Plans Capacity Expansion II-64
Uryupinsky Increases Production of Sunflower Oil II-64
Cargill Starts Sunflower Seed Processing Facility in Ukraine II-64
ADM Cuts Production at its US-Based Facilities II-64
Biodiesel Development Promote Environmental Alternative to Diesel II-64
Wildly Delicious Fine Foods Begins Wildly Delicious Bread
Dipper Sales in the US II-64
Yug Rossii Commences Operation in Rostov-na-Donu II-64
Global palm Products Adopts New Name II-65
New Biotechnology Initiative from Malaysian Palm Oil Board II-65

5. Product launches/Innovation II-66
Houghton Releases Hocut 3450 II-66
Golden Hope Rolls out 20 Novel Palm Oil based Products II-66
Dr. Bronner’s to Launch Fair Trade Organic Olive Oil II-66
Cargill Rolls out Trans Fat-Reduced Frying Oil II-66
Mycogen Seeds Introduces Two New Canola Seeds II-67
Bunge Unveils New Soybean Oil II-67
Cargill Rolls Out Vistive Oil II-67
Asoyia Introduces Asoyia Soybean Oil II-67
ADM Kao Launches Superior Cooking Oil II-67
New Vegetable Oil Based Dielectric Fluid to Replace Toxic
Mineral Oil II-68
Unilever Introduces Premium Olive Oil in Special Pack II-68
Dow AgroSciences Launches Groundbreaking Low Fat Canola Oil II-68
Benzy Unveils New line of Coconut Oil Products II-68
Lam Soon Food Industries Ltd Introduces Corn Oil free of
Cholesterol II-68
Humko Oil Products Launches Trisun high-oleic sunflower oils II-69
BioPlus Launches BioPlus Sun II-69
Spectrum Organic Adds New Varieties to the Line of Spectrum
Naturals II-69
Lam Soon Launches New Pure Canola Oil II-69
Berg+Schmidt GmbH Unveils Palm Oil Based Cosmetics II-69
Selcuk Gida Endustri Launches Melis Grilled Vegetables in the US II-69
Healthy Times Introduces Baby's Herbal Garden line II-69
Greek Farms International Markets Terra Medi Extra Virgin
Olive Oil in the US II-70
Sunora Introduces New Canola Oil Brand II-70
New Coconut Oil Based Products from National Institute of
Molecular Biology and Biotechnology II-70
Extra Virgin Stone Milled Olive Oil from Apollo Olive Oil II-70
New Kraft Corn Oil Introduced in Egypt II-70
Bocca Della Introduces Italian Organic Extra Virgin Olive Oil
in the UK II-70
Zeta Introduces Zeta 100% Olive Oil II-71
Carpelli Introduces Two New Varieties of Olive Oil in Finland II-71
Unza Berhad Releases Eversoft Enriched Olive Oil in Malaysia II-71
Bronxville Introduces Romulo Unfiltered Extra Virgin Olive Oil
in the US II-71
New Extra Virgin Olive Oil Spread from Eger II-71
Angel Camacho Introduces Three Varieties of Premium Olive Oil II-71
Patsy's Adds New Products to the Patsy's Line II-71
New Extra Virgin Olive Oil from Embarcadero Imports II-71
Diethelm Malaysia Markets Bertolli’s Extra Light Olive Oil in
Malaysia II-72
Grapevine Trading Offers Extra Virgin California Olive Oil II-72
New Extra Virgine Olive Oil from Los Olivos Olio II-72
Premium Extra Virgin Olive Oil from Oleveri Oils USA II-72
Coosur Introduces New Extra Virgin Olive Oil in South Korea II-72
Spectrum Organic Add New Product to its Extra Virgin Olive Oil
Line II-72
Casa Pons USA Introduces Extra Virgin Olive Oil II-72
Riceland Foods Introduces Oryzane Rice Bran Oil II-73
Aranica Introduces La Gloria Corn Oil in Mexico II-73
Abbaco Introduces New Extra Virgin Olive Oil II-73
Koipe Introduces Extra Virgin Olive Oil in Spain II-73
M&CP Farms Releases California Olive Oil II-73
Filcor Markets New Extra Virgin Olive Oils in Canada II-73
Jozev Introduces Jozev Extra Virgin Olive Oil II-73
New Extra Virgin Olive Oil Launched Under Pharma OlivaName II-74
BiOlive Launches Organic Extra Virgin Olive Oil II-74
New Varieties of Olive Oil from Nestle II-74
Filippo Launches New Extra Virgin Olive Oil Varieties II-74
North American Enterprises Introduces Capitanelli Premium
Olive Oil II-74
AG Ferrari Foods Launches a Range of Italian Fresh Crop Olive
Oils II-74
A&J Cheese Co Introduces Italina Sasso Olive Oil in the US II-74
Italica Imports Launches Villa Blanca Organic Extra Virgin
Olive Oil II-75
Carapelli Firenze Introduces New Extra Virgin Olive Oil II-75
Union Launches New Olive Oil Product in Germany II-75
New Olive Oil from Puget II-75
Houlihan's Culinary Launches New Olive Oil II-75
Unilever Bestfoods Introduces Bertolli Olive Oil II-75
Rapunzel Pure Organics Distributes New Line of Organic Cooking
Oils II-75
Giordano Unveils Lachaal Tunisian Olive Oil II-75
Spectrum Foods, Inc. Launches Premier Harvest Soybean Oil II-76
Wild Things Launches Oil-Filled Roosters II-76
Aceitera General Deheza S.A. Launches New Oil in Argentina II-76
Ruth's Hemp Foods Inc. Launches Ruth's Certified Organic Hemp Oil II-76
Loyd Grossman Launches an 100% Italian Olive Oil II-76
Healtheries Introduces Healtheries Avocado Oil in New Zealand II-76
Lam Soon (M) Berhad Launches Naturel Cooking Oil in Malaysia II-76
Arancia Corn Products SA de CV Unveils La Gloria Corn Oil II-76
Marico Industries Introduces Saffola Rafael-Salgado II-76
Tech Foods Relaunches Sundrop II-77
Ceval da Bunge Alimentos Introduces Imported Canola, Corn,
Sunflower and Olive Oils II-77
Chee Seng Oil Factory Launches Double Pagoda Oil II-77
Procter & Gamble Introduces Crisco Cook Smart Canola Oil II-78
Private Harvest Introduces Chinese Chicken Salad Dressing II-78
La Preferida Introduces La Preferida Pure Vegetable Oil II-78
Columbus Foods Co Launches Purest Lite Mid-Oleic Sunflower Oil II-78
Drogheria & Alimentari Launches Drogheria & Alimentari Condi
Insaporitori II-78
Salov Spa Introduces Sagra Sagri Olio di Semi in Italy II-78
Mansingka Sons Introduces Two Edible Oil Brands II-78
English Gold Elite Sunflower Oil Launched in the UK II-78

6. Focus on Select Global Players II-79
Archer Daniels Midland Company (USA) II-79
Pura Foods Ltd (UK) II-79
Bunge North America Inc (USA) II-79
Bunge Alimentos SA (Brazil) II-79
Bunge Canada II-79
Canbra Foods Ltd (Canada) II-80
Carapelli Firenze S.p.A. (Italy) II-80
Cargill Incorporated (USA) II-80
Solae, LLC (USA) II-80
ConAgra Foods Inc (USA) II-81
COFCO Limited (China) II-81
Dow AgroSciences LLC (USA) II-81
Loders Croklaan Group (The Netherlands) II-81
J-Oil Mills Inc. (Japan) II-82
Kumpulan Guthrie Bhd (Malaysia) II-82
Kuala Lumpur Kepong Berhad (Malaysia) II-82
Lam Soon (Hong Kong) Ltd (Hong Kong) II-82
PT Intiboga Sejhatera (Indonesia) II-83
Saffola Quality Foods Inc. (USA) II-83
Shindongbang Corporation (Korea) II-83
Unilever PLC (UK) II-83
United Plantations Berhad (Malaysia) II-83

7. Global Market Perspective II-84
Table 6: World Recent Past, Current & Future Analysis for
Vegetable Oils by Geographic Region- US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa and
Latin America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-84

Table 7: World Long-term Projections for Vegetable Oils by
Geographic Region- US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-85

Table 8: World Historic Review for Vegetable Oils by
Geographic Region - US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East/Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-86

Table 9: World 20-Year Perspective for Vegetable Oils by
Geographic Region- Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin America for Years 1991, 1997,
2007 and 2010 (includes corresponding Graph/Chart) II-87

Table 10: World Recent Past, Current & Future Analysis for
Soybean Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-88

Table 11: World Long-term Projections for Soybean Oil by
Geographic Region- US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-89

Table 12: World Historic Review for Soybean Oil by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-90

Table 13: World 20-Year Perspective for Soybean Oil by
Geographic Region- Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin America for Years 1991, 1997,
2007, and 2010 (includes corresponding Graph/Chart) II-91

Table 14: World Recent Past, Current & Future Analysis for
Olive Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-92

Table 15: World Long-term Projections for Olive Oil by
Geographic Region- US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-93

Table 16: World Historic Review for Olive Oil by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-94

Table 17: World 20-Year Perspective for Olive Oil by
Geographic Region- Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin America for Years 1991, 1997,
2007, and 2010 (includes corresponding Graph/Chart) II-95

Table 18: World Recent Past, Current & Future Analysis for
Canola Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-96

Table 19: World Long-term Projections for Canola Oil by
Geographic Region- US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-97

Table 20: World Historic Review for Canola Oil by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-98

Table 21: World 20-Year Perspective for Canola Oil by
Geographic Region- Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin America for Years 1991, 1997,
2007, and 2010 (includes corresponding Graph/Chart) II-99

Table 22: World Recent Past, Current & Future Analysis for
Sunflower and Safflower Oil by Geographic Region- US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa and Latin America Markets Independently Analyzed
with Annual Sales Figures in Thousand Metric Tons for Years
2001 through 2010 (includes corresponding Graph/Chart) II-100

Table 23: World Long-term Projections for Sunflower and
Safflower Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-101

Table 24: World Historic Review for Sunflower and Safflower
Oil by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 1991 through 2000
(includes corresponding Graph/Chart) II-102

Table 25: World 20-Year Perspective for Sunflower and
Safflower Oil by Geographic Region- Percentage Breakdown of
Volume Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/ Africa, and Latin America for
Years 1991, 1997, 2007, and 2010 (includes corresponding
Graph/Chart) II-103

Table 26: World Recent Past, Current & Future Analysis for
Corn Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-104

Table 27: World Long-term Projections for Corn Oil by
Geographic Region- US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-105

Table 28: World Historic Review for Corn Oil by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-106

Table 29: World 20-Year Perspective for Corn Oil by Geographic
Region- Percentage Breakdown of Volume Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin America for Years 1991, 1997, 2007, and
2010 (includes corresponding Graph/Chart) II-107

Table 30: World Recent Past, Current & Future Analysis for
Palm Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/ Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-108

Table 31: World Long-term Projections for Palm Oil by
Geographic Region- US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-109

Table 32: World Historic Review for Palm Oil by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-110

Table 33: World 20-Year Perspective for Palm Oil by Geographic
Region- Percentage Breakdown of Volume Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin America for Years 1991, 1997, 2007, and
2010 (includes corresponding Graph/Chart) II-111

Table 34: World Recent Past, Current & Future Analysis for
Coconut Oil by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-112

Table 35: World Long-term Projections for Coconut Oil by
Geographic Region- US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-113

Table 36: World Historic Review for Coconut Oil by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-114

Table 37: World 20-Year Perspective for Coconut Oil by
Geographic Region- Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin America for Years 1991, 1997,
2007, and 2010 (includes corresponding Graph/Chart) II-115

Table 38: World Recent Past, Current & Future Analysis for
Other Oils by Geographic Region- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa and Latin
America Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-116

Table 39: World Long-term Projections for Other Oils by
Geographic Region- US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East/Africa and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-117

Table 40: World Historic Review for Other Oils by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East/Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-118

Table 41: World 20-Year Perspective for Other Oils by
Geographic Region- Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin America for Years 1991, 1997,
2007, and 2010 (includes corresponding Graph/Chart) II-119


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Outlook III-1
Safflower Oil - Consistent Demand & Stable Prices III-1
Increasing Demand for Corn Oil Spurs Price Hikes III-1
Low Emission Properties Stimulate Market for Vegetable Oil-
Based Engine Lubricants III-1
Growing Ecological Concerns Push Cooking Oil Recycling Projects III-2
Biodiesel - Gaining Prominence III-2
Linseed Oil Prices on Rise III-2
Cuphea Seeds Pose a Threat to Coconut and Palm Kernel Oils
Market III-2
Palm Oil - Spirals in Popularity III-3
Castor Oil Prices Spikes on Strengthening Demand III-4
New DEA Rules to Drive the Market for Edible Hemp Seed and Oils III-4
Factors Affecting Consumption III-4
Olive Plantations/Cultivation in California III-5
Peek Into the Past III-5
Olive Oil Mills- A Glance III-6
Sacramento Valley III-6
North Coast III-6
Central Coast III-6
South California III-7
San Joaquin Valley III-7
Sierra Foothill III-7
Research & Development III-7
Oleic-Acid-Rich Sunflowers Offer Heart Beneficial Trans-Fat
Alternative III-7
Scientists Discover New Edible Oil Solidifier III-7
Arkansas Researchers Develop Healthy Trans Fat Oil III-8
Research proves Oleic Acid-Rich Soybeans Heart Beneficial III-8
Issues III-9
EPA Releases New RFS III-9
Table 42: US Imports of Canadian Canola Oil for the Years
2002 to 2004 (In 000 Tons) (includes corresponding
Graphs/Chart) III-9

Table 43: Olive Oil Market in the United States:
Percentage Market Share of Leading Players for the Year
2003 and 2005 (includes corresponding Graphs/Chart) III-10

Table 44: US Market for Salad and Cooking Oil (2006):
Percentage Share Breakdown of Value Sales by Company:
ConAgra’s Inc, J.M.Smucker Company, Associated British
Foods and Private Label (includes corresponding
Graphs/Chart) III-10
Strategic Developments III-11
Product Launches III-17
Key Players III-23
B.Market Analytics III-25
Table 45: US Recent Past, Current & Future Analysis for
Vegetable Oils by Product Segment -Soybean, Olive, Canola,
Sunflower and Safflower, Corn, Palm, Coconut, and Other
Markets Independently Analyzed with Annual Sales Figures in
Thousand Metric Tons for Years 2001 through 2010 (includes
corresponding Graphs/Chart) III-25

Table 46: US Long-term Projections for Vegetable Oils by
Product Segment -Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-25

Table 47: US Historic Review for Vegetable Oils by Product
Segment - Soybean, Olive, Canola, Sunflower and Safflower,
Corn, Palm, Coconut, and Other Markets Independently
Analyzed with Annual Sales Figures in Thousand Metric Tons
for Years 1991 through 2000 (includes corresponding
Graphs/Chart) III-26

Table 48: US 20-Year Perspective for Vegetable Oils by
Product Segment - Percentage Breakdown of Volume Sales for
Soybean, Olive, Canola, Sunflower and Safflower, Corn, Palm,
Coconut, and Others for Years 1991, 1997, 2007, and 2010
(includes corresponding Graphs/Chart) III-26

2. Canada III-27
A.Market Analysis III-27
Outlook III-27
Strategic Developments III-27
Product Launches III-28
Key Players III-28
B.Market Analytics III-29
Table 49: Canadian Recent Past, Current & Future Analysis
for Vegetable Oils by Product Segment - Soybean, Olive,
Canola, Sunflower and Safflower, Corn, Palm, Coconut, and
Other Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graphs/Chart) III-29

Table 50: Canadian Long-term Projections for Vegetable Oils
by Product Segment -Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-30

Table 51: Canadian Historic Review for Vegetable Oils by
Product Segment - Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graphs/Chart) III-30

Table 52: Canadian 20-Year Perspective for Vegetable Oils by
Product Segment - Percentage Breakdown of Volume Sales for
Soybean, Olive, Canola, Sunflower and Safflower, Corn, Palm,
Coconut, and Others for Years 1991, 1997, 2007, and 2010
(includes corresponding Graphs/Chart) III-31

3. Japan III-32
A.Market Analysis III-32
Outlook III-32
Market Share Statistics III-32
Table 53: Cooking Oil for Household Consumption in Japan:
Annual Shipments for the Year 1999 to 2003: A Review (In
Million Yen) (includes corresponding Graphs/Chart) III-32

Table 54: Olive Oil for Household Consumption in Japan:
Annual Shipments for the Year 1999 to 2003: A Review (In
Million Yen) (includes corresponding Graphs/Chart) III-32

Table 55: Sesame Oil for Household Consumption in Japan:
Annual Shipments for the Year 1999 to 2003: A Review (In
Million Yen) (includes corresponding Graphs/Chart) III-33

Table 56: Japanese Market for Domestic Use Cooking Oil:
Percentage Market Share of Leading Companies for the Year
2003 & 2005 (includes corresponding Graphs/Chart) III-33

Table 57: Japanese Market for Domestic Use Olive Oil:
Percentage Market Share of Leading Companies for the Year
2003 & 2005 (includes corresponding Graphs/Chart) III-34

Table 58: Japanese Market for Domestic Use Sesame Oil:
Percentage Market Share of Leading Companies for the Year
2003 & 2005 (includes corresponding Graphs/Chart) III-34
Strategic Development III-35
Product Launch III-35
Key Players III-35
B.Market Analytics III-36
Table 59: Japanese Recent Past, Current & Future Analysis
for Vegetable Oils by Product Segment - Soybean, Olive,
Canola, Sunflower and Safflower, Corn, Palm, Coconut, and
Other Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graphs/Chart) III-36

Table 60: Japanese Long-term Projections for Vegetable Oils
by Product Segment -Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-37

Table 61: Japanese Historic Review for Vegetable Oils by
Product Segment - Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991 through 2000 (includes
corresponding Graphs/Chart) III-37

Table 62: Japanese 20-Year Perspective for Vegetable Oils by
Product Segment - Percentage Breakdown of Volume Sales for
Soybean, Olive, Canola, Sunflower and Safflower, Corn, Palm,
Coconut, and Others for Years 1991, 1997, 2007, and 2010
(includes corresponding Graphs/Chart) III-38

4. Europe III-39
A.Market Analysis III-39
Outlook III-39
GMO Based Oils in Europe At a Distinct Disadvantage III-39
TFA Issues Spreads to Europe III-39
Environmental Concerns Unlikely to Affect Demand III-39
Table 63: European Union Imports of Palm Oil for the Years
1998 to 2005 (In 000 Tons) (includes corresponding
Graphs/Chart) III-40

Table 64: European Union Imports of Select Vegetable Oils
for the Years 2001 to 2003 in Value (Euro Million) & Volume
(000 Tones) (includes corresponding Graphs/Chart) III-40
Strategic Developments III-40
Product Launches III-42
Key Players III-42
B.Market Analytics III-43
Table 65: European Recent Past, Current & Future Analysis
for Vegetable Oils by Country/Region - France, Germany,
Italy, UK, Spain, Russia, and Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 2001 through 2010 (includes
corresponding Graphs/Chart) III-43

Table 66: European Long-term Projections for Vegetable Oils
by Country/Region - France, Germany, Italy, UK, Spain,
Russia, and Rest of Europe Markets Independently Analyzed
with Annual Sales Figures in Thousand Metric Tons for Years
2011 through 2015 (includes corresponding Graph/Chart) III-44

Table 67: European Historic Review for Vegetable Oils by
Country/Region - France, Germany, Italy, UK, Spain, Russia,
and Rest of Europe Markets Independently Analyzed with
Annual Sales Figures in Thousand Metric Tons for Years 1991
through 2000 (includes corresponding Graphs/Chart) III-44

Table 68: European 20-Year Perspective for Vegetable Oils by
Country/Region - Percentage Breakdown of Volume Sales for
France, Germany, Italy, UK, Spain, Russia, and Rest of
Europe Markets for Years 1991, 1997, 2007 & 2010 (includes
corresponding Graphs/Chart) III-45

Table 69: European Recent Past, Current & Future Analysis
for Vegetable Oils by Product Segment -Soybean, Olive,
Canola, Sunflower and Safflower, Corn, Palm, Coconut, and
Other Markets Independently Analyzed with Annual Sales
Figures in Thousand Metric Tons for Years 2001 through 2010
(includes corresponding Graphs/Chart) III-46

Table 70: European Long-term Projections for Vegetable Oils
by Product Segment -Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-46

Table 71: European Historic Review for Vegetable Oils by
Product Segment - Soybean, Olive, Canola, Sunflower and
Safflower, Corn, Palm, Coconut, and Other Markets
Independently Analyzed with Annual Sales Figures in Thousand
Metric Tons for Years 1991