Global demand for oils and fats has witnessed prolific growth, fueled by a growing world population coupled with improving purchasing power.
What is the potential in Africa?
The per capita consumption of oils and fats is high in some countries. In Africa, it is still low. Can consumption increase further? Will there be enough oils to meet future demand?
The world supply profile of oils has also changed. Palm oil has taken the lead over soybean oil. The import and export trade is also dominated by palm oil. Will the supply of palm oil continue to see growth?
New understanding on the nutritional properties of oils has also influenced consumer preference.New dimensions have emerged in consumer choice. There is more sophistication.
Branding is becoming more important in the business. There is growing preference for oils which are less damaging to the environment. Do we really understand the consumers of oils and fats?
Cost remains a major determinant of choice. This is where palm oil has a significant advantage over the 17 oils. How do we capitalise on this?
Quality is another important driver of demand. What are the major quality parameters? How will these factors affect the future business in oils and fats products? What is the scenario on the supply of oils?
How will price of oils impact on the business of consumer products such as margarine, shortening and specialty fats?
All these and more will be addressed at Afroil 2009.
What is the potential in Africa?
The per capita consumption of oils and fats is high in some countries. In Africa, it is still low. Can consumption increase further? Will there be enough oils to meet future demand?
The world supply profile of oils has also changed. Palm oil has taken the lead over soybean oil. The import and export trade is also dominated by palm oil. Will the supply of palm oil continue to see growth?
New understanding on the nutritional properties of oils has also influenced consumer preference.New dimensions have emerged in consumer choice. There is more sophistication.
Branding is becoming more important in the business. There is growing preference for oils which are less damaging to the environment. Do we really understand the consumers of oils and fats?
Cost remains a major determinant of choice. This is where palm oil has a significant advantage over the 17 oils. How do we capitalise on this?
Quality is another important driver of demand. What are the major quality parameters? How will these factors affect the future business in oils and fats products? What is the scenario on the supply of oils?
How will price of oils impact on the business of consumer products such as margarine, shortening and specialty fats?
All these and more will be addressed at Afroil 2009.
