According to a new report from Intel Market Research, the global edible oils market was valued at USD 115.4 billion in 2024 and is projected to reach USD 180.3 billion by 2034, growing at a CAGR of 4.7% during the forecast period (2026–2034). This steady growth is fueled by population expansion, rising disposable incomes, and increasing food industry demand, though tempered by...
The global edible oil market demonstrates clear regional variations driven by consumption patterns, dietary behaviors, production capabilities, trade flows, and economic development. Across major geographies, Asia Pacific stands out as the largest and most dynamic contributor to global edible oil demand — a trend forecast to persist through 2034.
Asia Pacific: Dominant Consumption...
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