Pecan
oil is a heart friendly cooking oil having a higher smoke point which
helps proper browning of the meat and not burning it. The roasted
pecan oil has a slight buttery, nutty yet neutral taste of the oil
makes it perfect for the use of salad dressings. It also provides a
low saturated fat content of 9% which makes it unique even in
comparison to olive oils 14%. Apart from its low saturated fat
content, it is a rich source of other nutrition such as rich supply
of monounsaturated oleic and linoleic acid as well as anti-oxidants,
protein, vitamins A, B, C, and K, minerals such as calcium, iron,
magnesium, manganese, phosphorus and potassium. Pecan oil has various
health benefits like, it helps to reduce the risk of coronary
disease, stroke, high blood pressure, diabetic neuropathy, and
rheumatoid arthritis. Pecan oil’s market is expected to be well
endowed due to its taste and derived nutritional content.
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On
the basis of regions, the pecan oil market is segmented into
following key regions; North America, Latin America, Western Europe,
Asia Pacific and Middle East. Latin American region has the major
share of global pecan oil market which is expected to grow at a
steady rate. Apart from United States of America Brazil, South Africa
and Israel are few countries where the pecan oil market is expected
to rise at a relatively higher growth rate over the forecast period.
This is attributed to the high amount of pecan tree plantation and
amplified demand of healthy cooking oil among consumers.
The
pecan oil market is mainly driven by the increased health
consciousness and awareness among consumers regarding health benefits
of various natural plant based products and its safety in use.
Another leading factor expected to lead the market is the
macroeconomic factors such as rise in spendable income, with the rise
in income of consumers synergized with the health concerns, pecan oil
market is expected to upsurge in the forecast period.
Other
factors like uniqueness in flavor, nutty yet neutral taste of pecan
oil is expected to drive the market of pecan oil.
The
market is highly fragmented with global as well as regional players.
Some of the key players in the global pecan oil market includes;
Kinloch, La Tourangelle, Delta, Bates Nut Farm, South Georgia Pecan
Co, Inglewood Farms, Yates Pecan Company, Achukma, Oliver Farms,
Texas Pecan Ranch and Guidry's Organic Farms.
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