Cooking Oil Market - Forecast(2023 - 2028)

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Cooking Oil MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Cooking Oil Market size is estimated to reach
  198.3 billion by 2026, growing at a CAGR of 5.1
  during the forecast period 2021-2026. Cooking
  Oils are fats derived from plants and animals
  that are used in frying, flavoring, baking, and
  other cooking applications. Cooking oils, such as
  palm oil, rapeseed oil, sunflower oil, soybean
  oil, avocado oil, and others provide various
  health benefits and are extensively used in
  various food applications. Unsaturated and
  healthier oil products are increasingly being
  adopted across the world owing to the growing
  health consciousness among the customers. The
  rise in the adoption of avocado oil for its
  nutritional health benefits.

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• Key Takeaways
• Geographically, Asia-Pacific Cooking Oil Market
  accounted for the highest revenue share in 2020
  and it is poised to dominate over the period
  2021-2026 owing to the rise in the adoption of
  rapeseed oil in snack foods for its affordability
  and versatility.
• The increase in the adoption of avocado oil to
  provide richness to baked products is driving the
  Bakery and Confectionery segment. However, the
  rise in the side effects associated with the
  overconsumption of cooking oils is one of the
  major factors that is said to reduce the growth
  of the Cooking Oil Market.
• .

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By Distribution Channel- Segment Analysis The
Cooking Oil Market based on the Product Type can
be further segmented into Palm Oil, Rapeseed Oil,
Sunflower Oil, Soybean Oil, Avocado Oil, and
Others. The Palm Oil segment held the largest
share in 2020 and is also estimated to be the
fastest-growing segment with a CAGR of 6.2 over
the period 2021-2026. This growth is owing to the
factors such as the increase in the demand for
palm oil for edible purposes in emerging
countries, such as India and China, and the
growing consumer awareness about the positive
health benefits of palm oil.
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• Cooking Oil MarketIndustry Outlook 
• Cargill,
• Archer Daniels Midland Company,
• Conagra Brands,
• Wilmar International Limited,
• Bunge Limited,
• Kuala Lumpur Kepong Berhad,
• Fuji Oil Holding Inc,
• Olam International,

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Cooking Oil Market - Forecast(2021 -
2026) Learn More About the Report _at_
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Market-Research-509574
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