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Edible oils constitute an important part of the food cuisine. The demand for vegetable oils has risen steadily catapulted by a combination of factors. The recent years have witnessed emergence of important new actors and trends in supply and demand.
Global edible oil trend
The recent trend has witnessed huge demands for some newer categories of oil segments like the palm oil which accounts for 46 per cent share of total oil consumption in the country, followed by soya bean oil occupying 16 per cent share of total oil consumption in the country respectively.