Edible Oil and Fats Market Size Is Projected to Reach USD 165 Billion by 2026 Expanding at CAGR of 7.1%
The Global Edible Oil and Fats Market size is estimated to grow at CAGR above 7.1 % over the forecast time frame and reach the market value around USD 165 billion by 2026. Oils and fats are used to enhance the taste and texture in cooking. The demand for edible oils and fats is due to increasing demand for fried or processed foods, an increased number of restaurants and rapid food joints, urban development and the growing population.
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