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Vegetable fats are derived from various plant sources, including seeds, nuts, and fruits. These fats are used in a wide array of applications, such as cooking, baking, and food processing, providing a healthier alternative to animal fats. The global vegetable fats market has witnessed remarkable growth, largely due to the rising demand for healthier food options, the increasing popularity of vegan and vegetarian diets, and the focus on natural ingredients in food products.

According to market research, the vegetable fats market is expected to grow at a compound annual growth rate (CAGR) of approximately 6% from 2023 to 2032. This growth is fueled by several factors, including the rising prevalence of chronic diseases, increasing awareness regarding the health benefits of plant-based fats, and the growing demand for clean-label products.

The Vegetable Fats Market was valued at approximately USD 134.61 billion in 2022. It is projected to increase from USD 140.02 billion…

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