• What is vegetable oil production in 2022/23?
  • In 2022/23, vegetable oil production amounted to some 210.3 million metric tons worldwide and was forecast to increase to over 217 million metric tons in the 2023/24 marketing year. Vegetable oils are fats that have been extracted from plants. The extraction of oils from plants has been a common practice in several cultures since early times.
  • How many vegetable oil production systems are there?
  • Thus, 112 distinct vegetable oil production systems are represented here, with the combined data derived ultimately from almost 6000 producers in 38 countries. Together, the 112 vegetable oil production systems represented here are responsible for production of 71.3% of the world’s vegetable oil ( Supplementary Data 17 ). Fig. 2.
  • Why are vegetable oils important in food processing?
  • EOs are an indispensable component of food processing that could alter the pre-processing of raw materials (RMs), increase caloric content, promote the sensory, taste, and texture of finished products. Vegetable oils (VOs) are one type of EOs in line with low-carbon, healthy, sustainable and animal-welfare.
  • Will vegetable oil demand and production continue to grow?
  • Vegetable oil demand and production is projected to continue to grow, particularly in developing regions in line with rising per capita income.