Gmi Research

  Vegetable Oils Market The Vegetable Oils Market is anticipated to reach USD 315 billion by the end of 2028, growing at a CAGR of 7.0% over the forecast period (2021-2028). The factors driving the growth of Vegetable Oils Marke t includes increasing consumers preference for vegetable oil over olive oil, rise in the number of cardiovascular diseases around the world and growing awareness about the health benefits of vegetable oil. According to the report published by Center for Disease Control and Prevention, health diseases emerged the as the leading cause of death in the United States, in 2020 around 697,000 people in the U.S. died from heart disease, which pushing the demand for vegetable oils in the United States. Moreover, the increasing application of biodiesel in the Aerospace, Aviation and Automotive industries, growing popularity of organic and processed vegetable oils and rising adoption of vegetable oils in quick service restaurants and cafes across the globe, are some...