The global vegetable oil market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2021-2027). The increasing consciousness about health is one of the prime factors affecting and driving the market. For the purpose of maintaining a healthy lifestyle, a good dietary meal plays a very important role that is conveniently provided through vegetable oil. Additionally, increasing awareness related to the adoption of organic health-based products will lead to an increase in the demand for vegetable oil which in turn is driving the growth of the market.
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The key players present in the global vegetable oil market had been adopting various strategies that include mergers and acquisitions and collaboration to gain major market share. For instance, in March 2021, The Kroger Co. had done the partnership with Drone Express that is a division of TELEGRID Technologies, Inc. in order to provide grocery delivery via autonomous drones for giving customers unparalleled flexibility.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Type
· By Packaging Type
· By Application
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
· Competitive Landscape– ACH Food Companies Inc., ADM, Bunge Ltd., Carapelli Firenze S.p.A., and FUJI OIL HOLDINGS INC.
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A full Report of Vegetable Oil Market is Available at: https://www.omrglobal.com/industry-reports/vegetable-oil-market
Global Vegetable Oil Market
By Type
• Palm Oil
• Soybean Oil
• Rapeseed Oil
• Sunflower Oil
• Olive Oil
By Packaging Type
• Cans
• Bottles
• Pouches
By Application
• Food
• Industrial
Global Vegetable Oil Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
Company Profiles
· ACH Food Companies Inc.
· Adani Wilmar Ltd.
· ADM
· ASSAM EDIBLE OILS LTD.
· Bunge Ltd.
· Carapelli Firenze S.p.A.
· FUJI OIL HOLDINGS INC.
· Golden Agri-Resources Ltd.
· IFFCO
· IOI Corporation Berhad
· Kuala Lumpur KepongBerhad
· Richardson International Ltd.
· Sime Darby Plantation Berhad.
· The Kroger Co.
· Wilmar International Ltd.
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