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Cooking Oil Market Forecast Report Based on Growth Opportunities and Trends Analysis: 2017-2026
The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026)

BriefingWire.com, 8/10/2018 - The research report on global cooking oil market includes various trends, developments that positively influence the growth of the global market. Moreover, it also includes analysis on various market drivers that fuel the global market’s growth as well as challenges that might hinder market expansion. All these factors are studied across important regions as the magnitudes of these aspects vary from region to region. This gives a clear understanding regarding the potential of a particular region and sub region that the reader can tap to gain potential hold over the market. Moreover, a 360 degree perspective is portrayed giving a holistic touch to the research report. Major revenue pockets can be identified with the extensive analysis provided in this research. Additionally, the research report on global Cooking Oil Market assists the reader in investment decisions with respect to production of various cooking oil types. The analysis of the data in this research report provides a realistic shape to the reader by offering actionable intelligence on each market segment.

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With increasing awareness regarding various lifestyle diseases such as diabetes, high cholesterol and obesity, health and fitness has gained high focus among individuals. They are becoming more aware regarding use of appropriate quantity of cooking oils. With this fact in focus, manufacturers have been producing cooking oils with high nutrient value and less fatty matter. Increasing incidences of cardiovascular diseases across the globe has prompted individuals to consume health cooking oils. For example, in United States, around 610,000 people die owing to heart disorders every year (According to American Health Association). Ever since, scientists have researched upon best cooking oils for consumption. This is likely to impact the growth of the cooking oil market during the assessment period.

According to FactMR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, FactMR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with the consumption of various vegetable oils such as olive oil, coconut oil and canola oil is expected to influence the sales of cooking oils. Manufacturers of cooking oils have introduced new brands that are rich in nutrient value thus promoting health. For example, Avnash Industries Ghana Ltd., has introduced Lafia cooking oil that is rich in nutrients and is a refined form of palm oil fortified with Vitamin A. Other key participants profiled in this research report include Archer Daniels Midland Company, American Vegetable Oils, Inc., Cargill Incorporated and Sime Darby Sdn Berhad.

To know the Latest Trends in Cooking Oil Market, Visit - www.factmr.com/report/670/cooking-oil-market

 
 
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