Press release
Vegetable Oil Market Size, Price Trends, CAGR, Latest Insights and Forecast 2022-2027
According to IMARC Group's latest report, titled "๐ฉ๐ฒ๐ด๐ฒ๐๐ฎ๐ฏ๐น๐ฒ ๐ข๐ถ๐น (๐ฃ๐ฎ๐น๐บ ๐ข๐ถ๐น, ๐๐ฎ๐ป๐ผ๐น๐ฎ ๐ข๐ถ๐น, ๐๐ผ๐ฐ๐ผ๐ป๐๐ ๐ข๐ถ๐น ๐ฎ๐ป๐ฑ ๐ฆ๐ผ๐๐ฏ๐ฒ๐ฎ๐ป ๐ข๐ถ๐น) ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฎ๐ฌ๐ฎ๐ฎ-๐ฎ๐ฌ๐ฎ๐ณ", the global vegetable oil market size reached US$ 241.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 324.1 Billion by 2027, exhibiting a growth rate (CAGR) of 4.92% during 2022-2027.๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ผ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
๐ฉ๐ฒ๐ด๐ฒ๐๐ฎ๐ฏ๐น๐ฒ ๐ข๐ถ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐:
The rising awareness regarding the health benefits of consuming vegetable oil, such as lowering cholesterol levels and reducing the risks of cardiovascular diseases (CVDs), is one of the primary factors driving the market growth. In line with this, vegetable oil has several robust properties, such as lower volatility, high viscosity, better pressure performance, affordability, and easy availability, which has further surged its demand as an alternative for mineral oil across end-use industries. Additionally, governments of various nations are undertaking initiatives to promote bio-based products, such as vegetable oil, which is bolstering the market growth. Other factors, such as the introduction of minimally processed and organic vegetable oil variants by key players and the growing prevalence of lifestyle diseases, are providing a considerable thrust to the market.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/vegetable-oil-processing-plant/requestsample
๐ฉ๐ฒ๐ด๐ฒ๐๐ฎ๐ฏ๐น๐ฒ ๐ข๐ถ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
Vegetable oil is an odorless, flavorless, mild, light-colored cooking oil mainly derived from seeds, grains, nuts, and fruits. It is widely used for frying, cooking, and making salad dressings and also as a key ingredient in the manufacturing of resins, paints, perfumes, detergents, soaps, skin products, and candles. Vegetable oil is an excellent source of omega-6 and omega-3 fatty acids and vitamins A, E, and B1. It is used as an alternative to animal-based fats and petrochemicals in both non-food and food applications. Canola oil, olive oil, corn oil, sunflower oil, and soyabean oil are some common product variants available in the market.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=610&method=1
๐ฉ๐ฒ๐ด๐ฒ๐๐ฎ๐ฏ๐น๐ฒ ๐ข๐ถ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฌ๐ฎ๐ฎ-๐ฎ๐ฌ๐ฎ๐ณ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ ๐ช๐ถ๐๐ต ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
The competitive landscape of the vegetable oil market has been studied in the report with the detailed profiles of the key players operating in the market.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
โข Archer-Daniels-Midland Company,
โข Bunge Limited,
โข Cargill,
โข Incorporated,
โข Louis Dreyfus Company BV
โข Wilmar International Ltd.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the vegetable oil market on the basis of breakup by oil type, application and region.
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐ข๐ถ๐น ๐ง๐๐ฝ๐ฒ:
โข Palm Oil
โข Soybean Oil
โข Sunflower Oil
โข Canola Oil
โข Coconut Oil
โข Palm Kernel Oil
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป:
โข Food Industry
โข Biofuels
โข Others
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/request?type=report&id=610&flag=C
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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