Edible Oils & Fats Market Strategy, Regional Analysis and Growth Forecast to 2026
Market Overview Edible Oils and Fats market is projected to grow at 4.56% during the forecasted period 2017 to 2023. APAC region is estimated to dominate the market with more than 50% of market share in the year 2017 followed by Europe. Europe will witness higher growth rate in savory snacks application of oils and fats during the forecast period due to increasing consumption of meat and other snacks products. APAC holds major market share in bio-diesel application, and it projected to reach 26,649 kilo tons with CAGR of 5.49%. Europe will witness higher growth rate in bio-diesel application of oils and fats during the forecast period. Competitive Analysis- The major key players in Global Edible Oils and Fats Market are Archer-Daniels-Midland Co. (U.S.) Associated British Foods Plc. (U.K.) Wilmar International Ltd (Singapore) Bunge limited (U.S.) Adani Wilmar Ltd (India) Cargill, Inc.(U.S.) Ajinomoto Co., Inc. (Japan) By Application Analysis- Globally, table consumption applicati