The Fats & Oils Market was valued at USD 253.6 billion in 2023 and is projected to grow to USD 357.8 billion by 2032, representing a compound annual growth rate (CAGR) of 3.9% during the forecast period of 2024-2032. Fats and oils play a crucial role in food production, cosmetics, and industrial applications, driving consistent market demand globally.
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