Published By : 17 Feb 2016 | Published By : QYRESEARCH
From olive oil, coconut oil, sunflower oil, to vegetable oil and palm oil, the global cooking oils market is filled up with many options. Almost every recipe starts with a knob of butter or a splash of oil in a pan. Not all of the cooking oils are nutritionally equal. The growing demand for various cooking oils and the increasing varieties of cooking oils are two of the major factors expected to propel the global cooking oils and fats market in the years to come.
People across the globe have become health conscious, thus, the demand for nutritional food is increased in the recent past. Availability of a variety of cooking oils and fats, especially in Asia Pacific is predicted to contribute towards the growth of the global cooking oils and fats market in the coming few years.
Which Cooking Oils Should You Use?
Long gone are the days when olive oils were popular across the Mediterranean region, where 3-quarters of the world’s olives are grown. At present, olive oils have become popular in the United States, where approximately around 80 million gallons of olives are yearly consumed. Olive oils are better for frying and has high levels of antioxidants.
Liquid when heated and solid at room temperature, coconut oil has become a popular choice for many. Coconut oil, earlier considered as not-so-healthy, is now a healthy option for cooking.
Vegetable oil consists of various oils such as sunflower, safflower, and soybean. Vegetable oil, earlier, used to be a staple in North America with animal fats. Now, vegetable oil is popularly used as a cooking oil across the globe.
Excessive consumption of oils and fats pose a major threat to the human body. Processed foods including pizzas, doughnuts, and French fries contain a huge amount of trans fats that is harmful to the human health. Going forward, the leading players in the global, cooking oils and fats market are focusing on introducing healthier cooking oils and fats, thus expected to propel the market.