Economic Aspects and Prospects for the Development of the Market of Vegetable Oils in a Context of Formation of its Value Chain

Lutsiak, VitaliiLavrov, RuslanFurman, IrinaSmitiukh, Andrii V.Mazur, HennadiiZahorodnia, NataliaСмітюх, Андрій ВолодимировичСмитюх, Андрей Владимирович2020-06-242020-06-242020Montenegrin Journal of Economicshttps://dspace.onu.edu.ua/handle/123456789/28190International demand for edible oils and other food products ob-tained due to walnut processing is growing. At the same time, mar-keting of products of oil and fat subcomplex for deep walnut pro-cessing 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 identifica-tion 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 estab-lish global trends in the market of vegetable oils and evaluate the prospects of entry of domestic enterprises into oil and fat subcom-plex 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 pro-cessing. 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 distribu-tion channels. Also the recommendations for strategic planning of Ukraine`s oil and fat subcomplex development were given. Ob-tained 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.enmarketvalue chainfat&oilwalnutfood productsEconomic Aspects and Prospects for the Development of the Market of Vegetable Oils in a Context of Formation of its Value ChainArticle