Fats and Oils Market Is Anticipated to Grow Owing to Shift in Consumer Preference Towards Consumption of Processed Food, from 2014 to 2020: Grand View Research, Inc.
Growing processed food consumption and increasing premium edible oil demand is projected to positively influence the global fats & oils market over the forecast period. Extensive fast food consumption and surge in demand for processed food is expected to bolster the market growth. Increasing disposable income among consumers in emerging economies is anticipated to have positive influence in overall market growth. In addition to the dominant food industry end-use, a shift towards chemical, industrial, animal feed, cosmetics and pharmaceutical applications...
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