Latest Press Releases

Perfect Practice, Affinity Consulting Group Announce Partnership

LogoPerfect Practice, a leader in practice management software, training and support for legal professionals, is partnering with Affinity Consulting Group, experts on law firm process and efficiency, to give clients more options when it comes to leveraging the power of Perfect Practice in their firms.

Global Vegetable Oil Market Influenced by Diverse Uses in Food and Non-Food Industries

LogoThe latest report by IMARC Group, titled "Vegetable Oil (Palm Oil, Canola Oil, Coconut Oil and Soybean Oil) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022", finds that the global vegetable oil market has grown at a CAGR of around 4% during 2009-2016 with the consumption volume of reaching 178 Million Tons in 2016. Vegetable oils are natural oils extracted from the nuts, seeds and fruits of the plants. Vegetable oils contain 100 percent fat, and usually remain in liquid state, even at fairly low temperatures. They are most commonly used to improve the texture of bakery products; as a medium for cooking procedures such as frying; as a base for flavoured content; and in the form of constituents in margarine, shortening, etc. They also serve as a good alternative for people who avoid using oils loaded with animal-based fats. Apart from this, vegetable oils find a number of applications in non-food industries as well. Other uses of vegetable oils include in the manufacturing process of cosmetics, pharmaceuticals, soaps, detergents, etc. According to the report, the market is further expected to reach a volume of 235 Million Tons by 2022, growing at a CAGR of around 5% during 2017-2022.