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The global edible oils market is projected to experience steady growth, with market valuation estimated at USD 250.78 billion in 2024 and expected to reach USD 306.92 billion by 2029. This represents a compound annual growth rate (CAGR) of 4.1% from 2024 to 2029. The increasing global population, rising disposable incomes, and changing dietary habits are driving this expansion. Edible oils are extensively used in food processing, industrial applications, and cooking, making them a staple in various industries worldwide.
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