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DUBLIN--(BUSINESS WIRE)--The "Vegetable Oil Market & Volume By Type, Production, Import & Export, Consumption, Production, Countries, Company Analysis, & Global Forecast" report has been added to ResearchAndMarkets.com's offering. The global Vegetable Oil Market is anticipated to grow to US$ 299.18 Billion by 2027. It is expected to grow with a CAGR of 3.30% from 2020 to 2027. Vegetable oils are attained from legitimate sources like seeds, nuts, and fruits. They find extensive applications in a zone ranging from food to household and personal care zones. They are of rich nutrient origin and are used in cooking, non-dairy creamers, and ice-cream. They are being used as a substitute for animal fats. It is used to make soaps, detergents, lubricants, greases, and candles in case of non-food applications. The expanding use of vegetable oil in food applications, prominently in blooming countries, aids the global market growth. The inclination in consumption of the economy is an outcome of the booming population, transposing diets, and higher standards of living. The further thrust to the market has been calculated by rising demand for its imports. Company Analysis The Major Drivers of the Global Vegetable Oil Market are: Based on types and countries, the market has been further divided. Out of the total vegetable oil consumption, the palm kernel oil largely influences the global vegetable oil market. Palm kernel oil is succeeded by Palm Oil, Soybean Oil and Olive Oil. In the year 2020, Vegetable Oil Industry was at USD 238.30 Billion, and it has grown from there year on year. The food industry uses a major part of the total vegetable oil produced. The industrial usage and the bio-fuel industry succeed in the food industry. By country, China accounts for one of the big market contributing to the total global consumption of vegetable oil. The majority of the production volume share constitutes by Indonesia and China and is anticipated to continue its domination among the producing countries in the upcoming years. COVID-19 Impact There has been a noteworthy decline in the demand for vegetable oil on recital of the closure of hotels, restaurants, and catering services due to breakout of the coronavirus pandemic (COVID-19) and its resultant lockdowns. It has been projected that the global vegetable oil market will exhibit moderate growth during the next seven years. Key Topics Covered: 1. Introduction 2. Research & Methodology 3. Executive Summary 4. Market Dynamics 4.1 Growth Driver 4.2 Challenges 5. Global Vegetable Oil Market 6. Share Analysis 6.1 Market Share 6.1.1 By Consumption 6.2 Volume Share 6.2.1 By Production 6.2.2 By Imports 6.2.3 By Exports 7. Global Vegetable Oil Market & Volume 7.1 Coconut Oil 7.1.1 Market 7.1.2 Volume 7.2 Cottonseed Oil 7.2.1 Market 7.2.2 Volume 7.3 Olive Oil 7.3.1 Market 7.3.2 Volume 7.4 Palm Oil 7.4.1 Market 7.4.2 Volume 7.5 Palm Kernel Oil 7.5.1 Market 7.5.2 Volume 7.6 Peanut Oil 7.6.1 Market 7.6.2 Volume 7.7 Rapeseed Oil 7.7.1 Market 7.7.2 Volume 7.8 Soybean Oil 7.8.1 Market 7.8.2 Volume 7.9 Sunflower Seed Oil 7.9.1 Market 7.9.2 Volume 8. Production - Volume 8.1 Coconut Oil 8.2 Cottonseed Oil 8.3 Olive Oil 8.4 Palm Oil 8.5 Palm Kernel Oil 8.6 Peanut Oil 8.7 Rapeseed Oil 8.8 Soybean Oil 8.9 Sunflower Seed Oil 9. Import - Volume 9.1 Coconut Oil 9.2 Cottonseed Oil 9.3 Olive Oil 9.4 Palm Oil 9.5 Palm Kernel Oil 9.6 Peanut Oil 9.7 Rapeseed Oil 9.8 Soybean Oil 9.9 Sunflower Seed Oil 10. Export - Volume 10.1 Coconut Oil 10.2 Cottonseed Oil 10.3 Olive Oil 10.4 Palm Oil 10.5 Palm Kernel Oil 10.6 Peanut Oil 10.7 Rapeseed Oil 10.8 Soybean Oil 10.9 Sunflower Seed Oil 11. Consumption by Country 11.1 China 11.2 European Union 11.3 India 11.4 Indonesia 11.5 United States 11.6 Brazil 11.7 Malaysia 11.8 Thailand 11.9 Japan 11.10 Others 12. Production by Country 12.1 Indonesia 12.2 China 12.3 Malaysia 12.4 European Union 12.5 United States 12.6 Brazil 12.7 Other 13. Import by Country 13.1 India 13.2 China 13.3 European Union 13.4 United States 13.5 Malaysia 13.6 South Korea 13.7 Other 14. Export by Country 14.1 Indonesia 14.2 Malaysia 14.3 Russia 14.4 Canada 14.5 European Union 14.6 Other 15. Merger & Acquisitions 16. Company Analysis For more information about this report visit https://www.researchandmarkets.com/r/8tzdx2

Answer: Worldwide Vegetable Oil Industry to 2027 - Players Include Cargill, Archer Daniels Midland and Wilmar International Among Others - ResearchAndMarkets.com