Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 478.21 Billion | USD 718.43 Billion | 4.3% | 2024 |
FrequentlyAsked Questions
The global fats & oils market is expected to grow due to increasing demand in food, cosmetics, and biofuel industries, along with rising consumer preference for healthy fats and oils.
According to a study, the global fats & oils market size was worth around USD 478.21 Billion in 2024 and is expected to reach USD 718.43 Billion by 2034.
The global fats & oils market is expected to grow at a CAGR of 4.3% during the forecast period.
Asia-Pacific is expected to dominate the fats & oils market over the forecast period.
Leading players in the global fats & oils market include Fuji Oil Holding Inc., Cargill Incorporated, AAK AB, Richardson International Limited, United Plantations Berhad, Bunge Limited, and Wilmar International Limited, among others.
The report explores crucial aspects of the fats & oils market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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