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Sonal Phulambrikar posted an update in the group
4 months agoBiodegradable food service products
“#EdibleOils: 𝐌𝐚𝐧𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐚𝐧𝐝 𝐒𝐭𝐫𝐨𝐧𝐠 𝐅𝐨𝐜𝐮𝐬 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧
𝐆𝐞𝐭 𝐏𝐃𝐅📚 𝐂𝐨𝐩𝐲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=198285285
🌍 As the world population expands and lifestyles evolve, the global edible oils market is poised for substantial growth, projected to reach USD 268.9 billion by 2027 from USD 212.6 billion in 2022, with a robust CAGR of 4.8%.
🍳 Edible oils play a pivotal role in the burgeoning processed food sector, enhancing taste and meeting the demands of diverse culinary applications—from confectionery and bakery items to fast foods and ready-to-eat meals.
📈 The #soybean oils segment, anticipated to grow at a rapid 5.4% CAGR, is particularly promising. This versatile oil not only serves as a cooking staple but also as a key ingredient in sauces, dressings, and more, aligning with the trend towards healthier, plant-based diets.
🌱 With increasing #oilseed production and advancements in microencapsulation technology, the market is innovating to meet rising consumer expectations for flavor retention, shelf life, and nutritional benefits.
🚀 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐬𝐭𝐚𝐧𝐝𝐬 𝐚𝐬 𝐚 𝐤𝐞𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 driven by the demand for soybean oils, supported by a robust food processing industry catering to modern-day consumer preferences.
🌐 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 like Cargill, ADM, Bunge, and others are driving innovation and sustainability in the industry, ensuring a steady supply chain amid global challenges like price volatility and geopolitical tensions.
#EdibleOils #FoodIndustry
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Edible Oils: Multiple Benefits and Higher Focus on Increasing Production to Drive Market Growth
The Global Edible Oils Market is projected to reach USD 268.9 billion by 2027 from USD 212.
