Vegetable Oil Market Overview (2024–2030)
The Vegetable Oil Industry is witnessing steady and significant growth, fueled by increasing demand across both food and non-food industries. In 2023, the market stood at an estimated USD 319.03 billion and is projected to reach USD 436.12 billion by 2030, growing at a CAGR of 4.6% during the forecast period....
Vegetable Oil Market Overview
The Vegetable Oil Industry is witnessing substantial growth, driven by the rising demand for healthy edible oils, biofuels, and industrial applications. Increasing health awareness, sustainability concerns, and evolving dietary preferences contribute to market expansion.
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Market Estimation & Definition
The Vegetable Oil Industry was valued at USD 201.07 billion in 2024 and is projected to grow at a CAGR of 6.52% from 2025 to 2032, reaching approximately USD 333.28 billion by the end of the forecast period. Vegetable oils, derived from seeds such as palm, soybean, sunflower, mustard, and others, are essential...
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