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id: 23632
Title: Economic Aspects and Prospects for the Development of the Market of Vegetable Oils in a Context of Formation of its Value Chain
Authors: Lutsiak V., Lavrov R., Furman I., Smitiukh A., Mazur H., Zahorodnia N.
Keywords: market, value chain, fat&oil, walnut, food products
Date of publication: 2020-02-26 12:03:19
Last changes: 2020-02-26 12:03:19
Year of publication: 2020
Summary: International demand for edible oil and other food products obtained due to walnut processing is growing. At the same time, marketing of products of oil and fat subcomplex for deep walnut processing in Ukraine remains much localized.There is a need of the exploration of the global trends in the vegetable oil market regarding the main types of products presented on it; opportunities identification for the participation of domestic enterprises of the oil and fat subcomplex in the value chains at the global and regional levels; marginality analysis of the company’s oil and fat subcomplex for deep walnut processing. The purpose of the given paper is to establish global trends in the market of vegetable oils and evaluate the prospects of entry of domestic enterprises into oil and fat subcomplex for deep walnut processing in to the value chain. The object of present research is vegetable oil market from the point of view for development prospects in a context of formation of its value chain by manufacturers. There have been identified the opportunities for the participation of domestic enterprises of the fat&oil subcomplex in to the value chains with marginality analysis of deep walnut processing. The results obtained in the given paper include established tendencies of global vegetable oil market in the context of potential for production enterprises for entering or creating their own distribution channels. Also the recommendations for strategic planning of Ukraine`s oil and fat subcomplex development were given. Obtained result can be useful for enterprises that are involved in to the value chains of oil and fat industry in subcomplex of deep walnut processing, as well as investors and other subjects of mentioned value chains.
URI: http://repository.vsau.org/repository/getfile.php/23632.pdf
Publication type: Статті Scopus
Publication: Montenegrin Journal of Economics. - 2020. - Vol. 16, No. 1. - S. 155-168.
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