Press release
Vegetable Oil Market 2023: Size, Key Players, Global Industry Trends, Analysis and Forecast to 2028
According to IMARC Group's latest report, titled "๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ (๐๐๐ฅ๐ฆ ๐๐ข๐ฅ, ๐๐๐ง๐จ๐ฅ๐ ๐๐ข๐ฅ, ๐๐จ๐๐จ๐ง๐ฎ๐ญ ๐๐ข๐ฅ ๐๐ง๐ ๐๐จ๐ฒ๐๐๐๐ง ๐๐ข๐ฅ) ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The global vegetable oil market size reached US$ 255.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 343.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.๐๐๐๐ซ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐ ๐ญ๐จ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028
๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Vegetable oils are obtained from seeds of different plants. They are mild, flavorless, odorless, light-colored cooking oil that is great for frying, cooking, and making salad dressings. These oils offer vital nutrients, including vitamins A, B1, and E, and omega-3 and omega-6 fatty acids. They are also used in the production of bactericides, cosmetics, and pharmaceuticals. Vegetable oil is generally employed as an alternative to animal-based fats and petrochemicals in both non-food and food applications. Vegetable oils are extensively employed in the preparation of numerous dishes across the globe due to their associated health benefits, including reduced risk of cardiovascular diseases, lowered cholesterol levels, and improved digestion and metabolism.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/vegetable-oil-processing-plant/requestsample
Vegetable Oil Market Trends:
The increasing demand for healthy food products represents one of the key factors driving the market growth across the globe. This can be primarily attributed to the rising health consciousness among individuals, which is facilitating the demand for vegetable oils. The market is also being driven by the significant technological improvements in the manufacturing processes of the vegetable oils. The rising demand for organic food products is acting as another major growth-inducing factor. Other factors, such as rising consumer expenditure capacities and the easy product availability at affordable price points, are creating a positive outlook for the market further.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=610&method=1
Vegetable Oil Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
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.
Some of these key players include:
โข Archer-Daniels-Midland Company,
โข Bunge Limited,
โข Cargill,
โข Incorporated,
โข Louis Dreyfus Company BV
โข Wilmar International Ltd.
๐๐ ๐ฝ๐น๐ผ๐ฟ๐ฒ ๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ช๐ถ๐๐ต ๐ง๐ข๐ & ๐๐ถ๐๐ ๐ผ๐ณ ๐๐ถ๐ด๐๐ฟ๐ฒ๐: https://www.imarcgroup.com/vegetable-oil-processing-plant/toc
Key Market Segmentation:
The report has segmented the vegetable oil market on the basis of breakup by oil type, application and region.
Breakup by Oil Type:
โข Palm Oil
โข Soybean Oil
โข Sunflower Oil
โข Canola Oil
โข Coconut Oil
โข Palm Kernel Oil
Breakup by Application:
โข Food Industry
โข Biofuels
โข Others
Breakup by Region:
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
This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
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.
๐๐ฏ๐ผ๐๐ ๐จ๐:
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
134 N 4th St Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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