Deodorization Systems Market size was valued at USD 3.67 billion in 2023 and is set to exceed USD 6.75 billion by 2036, expanding at over 4.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of deodorization systems is evaluated at USD 3.81 billion.
The surge in the adoption of deodorization systems on the back of rising production of edible oil is driving the growth of the market. Further, the increasing concerns for high nutritional value in edible oil for domestic purpose are boosting the market growth. Additionally, the rising consumer tendency towards cost efficient products along with the increasing environmental concerns is driving the demand for deodorization systems. Globally, rising industrialization is leading to the increased usage of nanoneutralization deodorization technology owing to enhancement in refining operations. Driven by these prominent factors along with the growth in oil industry.
Growth Drivers
Technological Developments
The rising technological advancements in order to control certain limitations associated with the processing of edible oil are fostering the growth of the market. The limitations are related to high processing capacities and heat recovery systems in the process. Further, the rising demand for larger capacity in refining process along with the strict regulations on edible oil nutrition is accelerating the market growth. The research & development is focusing on to reduce the cost of production and to ensure better stability of tocopherol content in edible oils.
Rising Consumer Awareness
The growing consumer awareness towards healthier edible oils owing to the rising production of edible oils and chemical refining is driving the market growth. The chemical refining reduces fatty acid content in crude oil and is relatively efficient method, which in turn, is boosting the growth of the market during the forecast period.
Challenges
High Energy Consumption
The consumption of high energy on the back of heat recovery technologies along with the technical problems during the processing of oil is hampering the growth of the market over the forecast period.
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
4.8% |
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Base Year Market Size (2023) |
USD 3.67 billion |
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Forecast Year Market Size (2036) |
USD 6.75 billion |
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Regional Scope |
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Based on technology type, the deodorization systems market is segmented into thin film and packed column, out of which, packed column is estimated to grow at fastest rate on the back of its ability to take on a dual temperature system, which helps to operate in two different temperatures. Further, the deodorization system achieves preferable balance owing to dual temperature system and assists the processing of edible oil at different temperatures and pressure needs.
Our in-depth analysis of the global market includes the following segments:
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By Technology Type |
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By Edible Oil Type |
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By Refining Method Type |
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By Operation Type |
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By Component Type |
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By End Users |
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On the basis of regional analysis, the deodorization systems market is segmented into five major region including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market for deodorization systems in Asia Pacific industry is poised to dominate majority revenue share by 2036, attributed to increasing demand for deodorization solutions along with industry favourable policies. Further, the surge in the number of manufacturers for setting up new refineries and increasing export of equipments is fostering the market growth. The emerging nations such as India and China are leading in research activities in order to meet the demand for edible oil in the region. The North America region is estimated to witness lucrative growth in the market on the account of high industrial growth along with the growing population in the region.
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Author Credits: Parul Atri
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