Edible Oils and Fats Market Research Report, Trends, Analysis and Forecast to 2026

Edible oils and fats are food products that are extracted for human consumption wholly or in part from a fat leaving the milk as an exception. Edible oils can be split into three large groups such as saturated, monounsaturated, and polyunsaturated oils. The edible oils are basically used for cooking purposes, but are also used as a bio fuel. Oils and fats have different fatty acid compositions, which affect their nutritional properties. Fatty acids are essential building blocks of cell membranes. Oils and fats also contain other components such as fat soluble vitamins, notably vitamin E. The production activities and requirements of edible oils are high due to the changing lifestyles where there is an increase in number of food joints and eateries.

All edible oils and solid fats are 100% fat, but the components that make up the fat structure of a particular edible fat are important in determining whether or not it is considered healthy. While some edible fats from plant sources, such as olive oil and flax seed oil, are considered very healthy, they are all high in calories. All plant oils have about 120 calories per tablespoon so they should be consumed in moderation as part of a balanced diet. The edible oils are extracted from plant sources such as from seeds, fruits and other parts of the plant. The production processes of edible oils involve the removal of oil from plant components, typically seeds. This can be done via mechanical extraction using an oil mill or chemical extraction using a solvent. The extracted oil can then be purified and, if required, refined or chemically altered. The various types of edible oils available in the market are rice bran oil, peanut oil, canola oil, olive oil, palm oil, butter, flax seed oil and safflower oil etc. The benefits associated with types of oil are empowering the value of all the types of edible oils and promote in development of various new edible oils and fat sources.

Edible oils are used in many industrial production activities such as soaps, skin products, candles, perfumes and other personal care and cosmetic products. Some oils are particularly suitable as drying oils, and are used in making paints and other wood treatment products. For example, Dammar oil which is a mixture of linseed oil and dammar resin is used almost exclusively in treating the hulls of wooden boats. Hence, there is much demand for the product despite of presence of many players which can depict the opportunities in edible oil and fat market.

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