NAICS 311225 - Fats and Oils Refining and Blending
This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing shortening and margarine from purchased fats and oils; (2) refining and/or blending vegetable, oilseed, and tree nut oils from purchased oils; and (3) blending purchased animal fats with purchased vegetable fats.
Industry trends:
The Fats and Oils Refining and Blending industry (NAICS 311225) is experiencing several qualitative trends that are shaping its landscape. Key among these is the growing consumer demand for healthier and more sustainable products. There is a noticeable shift towards plant-based oils, with products such as avocado oil, coconut oil, and specialty blends gaining popularity due to their perceived health benefits and sustainability credentials. This trend is propelled by increased consumer awareness regarding health and dietary preferences, dietary restrictions, and environmental concerns.
Technological advancements in refining processes are also a significant trend. Innovations such as enzyme-based processing, advanced filtration techniques, and green chemistry approaches are becoming more prevalent. These technologies aim to enhance the efficiency, quality, and environmental footprint of oil refining and blending processes. Consequently, companies that invest in such technologies are likely to see improved product quality and reduced operational costs.
Another notable trend is the regulatory landscape evolving to impose stricter standards on the industry. There is a growing emphasis on transparency, traceability, and sustainability in supply chains. Companies are increasingly required to adhere to stringent quality standards and environmental regulations, pushing them to adopt better practices and sustainability initiatives. This shift is partly driven by governmental policies and partly by market demand for accountability and ethical practices.
In the near future, the industry is expected to see continued growth in the demand for specialty and health-oriented oils. Market forecasts indicate a steady increase in the consumption of plant-based and organic fats and oils. The rising focus on clean-label products and natural ingredients will likely drive innovation and product differentiation. Additionally, sustainable sourcing and environmentally friendly production methods will become increasingly critical as consumers and regulators push for greater sustainability in the production cycle.
This industry is comprised of:
Canola (rapeseed) oil, cake and meal, made from purchased oils
Coconut oil made from purchased oils
Corn oil made from purchased oils
Cottonseed oil made from purchased oils
Flaxseed oil made from purchased oils
Grease, inedible, animal and vegetable, refining and blending purchased oils
Hydrogenating purchased oil
Lecithin made from purchased oils
Linseed oil made from purchased oils
Margarine-butter blend made from purchased fats and oils
Margarines (including imitation) made from purchased fats and oils
Oil, olive, made from purchased oils
Oil, vegetable stearin, made from purchased oils
Olive oil made from purchased oils
Palm-kernel oil made from purchased oils
Peanut oil made from purchased oils
Rapeseed (i.e., canola) oil made from purchased oils
Safflower oil made from purchased oils
Shortening made from purchased fats and oils
Soybean cooking oil made from purchased oils
Table oil made from purchased oils
Tree nut oils (e.g., tung, walnut) made from purchased oils
Vegetable oils made from purchased oils
This report includes the ability to segment your Industry by:
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