Global Fats & Oils Market: Trends, Growth Drivers, and Regional Insights (2024–2029)
The global fats and oils market continues to evolve rapidly, driven by shifting dietary patterns, rising health consciousness, and expanding food processing applications. Valued at USD 271.8 billion in 2024, the market is projected to reach USD 323.7 billion by 2029, growing at a CAGR of 3.6% during the forecast period. This growth reflects not only increasing food consumption but also rising demand...
Navigating the Fats and Oils Market: Trends, Challenges, and Opportunities
The fats and oils industry is expected to grow from USD 271.8 billion in 2024 to USD 323.7 billion by 2029, with a CAGR of 3.6% during the forecast period. This growth is driven by rising consumer demand for healthier dietary options and the expanding use of fats and oils in various food products. Enhanced awareness of the nutritional benefits of certain oils, along with advancements in processing...