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Increased Demand for Palm Oil in Developed Countries Driving the Growth of Cooking Oil Market. Cooking Oil Market BriefingWire.com, 6/09/2021 - The Cooking Oil Market size is estimated to reach $8.1Bn by 2026, growing at a CAGR of 5.7% during the forecast period 2021-2026. Cooking oil is basically derived primarily from plant that is used in baking frying and other type of cooking. It can also be in flavorings that does not involve heating directly such as for dressing etc. On an average, a bottle of cooking oil contains vegetable oil, with no additives, preservatives, or special flavorings. Increase in the consumption of high-quality edible oils/cooking oils, primarily among the health-conscious consumers are some of the factors driving market growth during the forecast period 2021-2026.

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