Acumen Research and Consulting Surge at 7.1% CAGR and Edible Oil and Fats Market | Page 2

The global Edible Oil and Fats Market size is estimated to grow at CAGR above 7.1 % over the forecast time frame and reach the market value around USD 165 billion by 2026. Oils and fats are used to enhance the taste and texture in cooking. The demand for edible oils and fats is due to increasing demand for fried or processed foods, an increased number of restaurants and rapid food joints, urban development and the growing population. Free Download Sample Report Pages for Better Understanding@ https://www.acumenresearchandconsulting.com/reques t-sample/1319 The popularity of edible oil as a major nutrient component is projected to boost demand because of its various advantages, such as improving the immune system and preventing cardiovascular disorder. The scoping of the oilseed products for vegan alternatives to animal fats should be promoted by growing concerns about glutamic disorders in developed countries, including the U.S. and Germany. Moreover, changing lifestyles combined with purchasers ‘ preferences for diet enriched food products are projected to increase the consumption of edible oils in the next eight years among the middle class revenue groups in developing economies, such as China, Indian and Thailand. It is expected that offline channels will lead, accounting for over 50% of the total revenue share on the market. Increased levels of supermarkets are projected to be providing consumers with a range of options in terms of editional oils and edible fats in emerging economies such as China, India, Mexico, Brazil and South Africa. In addition, oils and fats like obesity and cardiovascular diseases pose a major challenge for an edible oil and fat industries. Different innovative, free of vitamins and antioxidants, free cholesterol, low fat, low calorie oils are launched onto the market. The demand for oil and fate on the global market rises with these innovative products. Would like to place an order or any question, please feel free to contact at [email protected] | [phone]