Record Imports of Edible Oils in India Trigger Supply Concerns and Market Shifts
Thursday, 18 July 2024, 14:46
Market Overview
The Edible Oils Market has experienced a remarkable surge in July, with India's imports hitting an all-time high of 1.76 million Metric Tonnes. The situation has sparked concerns due to supply disruptions from the Black Sea.
Revenue Growth
The market size is currently valued at USD 120.45 Billion and is forecasted to maintain a CAGR of 7.37% from 2024 to 2030, aiming to achieve nearly USD 198.14 Billion.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.