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Middle East Dried Soap Stocks on the Rise as Edible Oil Co-products and By-products in High Demand

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Over the past few years, the Middle East edible oil co-products and by-products market has experienced a robust rate of growth in terms if workforce available, the number of factories in operation, and the overall capacity of production. One of the product types in this market – dried soap stock – is known to be highly popular as an additive to animal feed. Dried soap stock is deemed as a nutritional additive to animal feed as it improve the pelletizing of animal waste and offers a greater flexibility in processing and utilization. Generally, dried soap stock is treated with mineral acids and transformed to a mixture of crude fatty acids commonly called acidified soap stock. Other types of edible oil co-products and by-products include several oil-based distillates, acids, and sludge. 

Browse the full Middle East edible oil co-products and by-products market Report: http://www.mrrse.com/east-edible-oil-coproducts-by-products-market

The Middle East edible oil co-products and by-products market is expected to expand at a CAGR of 5.0% within a forecast period from 2016 to 2024, in terms of revenue. In terms of volume, this market is expected to expand at a CAGR of 4.2% within the same forecast period. In 2015, this regional market’s volume was calculated to be 388,944.3 tons, which is expected to weigh in at 559,775.89 tons by the end of 2024. 

Dried Soap Stock to Continue as Market Leader

Among the various types of products generated in the Middle East edible oil co-products and by-products market, dried soap stock has been the leading product so far. It is expected to remain in the lead till 2024, owing to the high demand for it, from the animal husbandry industry. Saudi Arabia is expected to be the key region for consumption of dried soap stock over the coming years due to its increasing usage in animal feed, complemented by the growing demand for animal husbandry. At the same time, the demand for low quality soap created from dried soap stock is also expected to increase slowly owing to its biodegradable nature and its use in powder detergents as an anionic surfactant. 

Browse the full Press Release of Middle East edible oil co-products and by-products market at :http://www.mrrse.com/east-edible-oil-coproducts-by-products-industry

Market Players Begin to Expand Across Regions

The key players in the Middle East edible oil co-products and by-products market at the moment include Iran Chemical Provider Co., A & B Chemical Corporation, VVF L.L.C., Cayman Chemical Company, Mallinath Group, Genome Specialities Fzc, Oleo Misr, Rade Chemicals, Chemipakhsh Iran Co. Ltd., and Arabian Environmental Protection Co. LLC. A lot of these players have had strong shares in the market’s more affluent regions. However, the recent rates of industrial development are helping generate greater interest for the other regions. For example, the concentration of local players has upped in Turkey over the recent past as this region has steadily proven itself as a lucrative market for dried soap stocks and hard oil fatty acid distillates. Similarly, the demand for animal feed has increased significantly in Egypt, allowing for a greater production rate of dried soap stock.