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Safflower Oil Market The safflower oil market is anticipated to achieve US$ 232.1 million by 2023, expanding at a CAGR of 4.5% from 2023 to 2033. By 2033, the market is forecast to reach US$ 359 million. Edible oil commodities brokers and traders play a significant role, resulting in consistent demand for safflower oil. Organic safflower oil is a healthier alternative to …
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The safflower oil market refers to the global trade and consumption of safflower oil, which is a type of vegetable oil extracted from the seeds of the safflower plant (Carthamus tinctorius). Safflower oil has gained popularity due to its various health benefits and versatility in cooking and cosmetic applications. One of the key factors driving the safflower …
The safflower oil market is anticipated to achieve US$ 232.1 million by 2023, expanding at a CAGR of 4.5% from 2023 to 2033. By 2033, the market is forecast to reach US$ 359 million. The main factors propelling the market growth are the expanding list of safflower’s skin benefits and the rising demand for safflower seed oil in the food and beverage sector. During …
Increasing health consciousness, consistently growing preference for organic food ingredients, and rapidly soaring sales of convenience foods have been shaping the market for edible vegetable oils in recent years. Research also points to a significant surge in non-food applications of vegetable oils that contributes significantly to growing demand worldwide. One of the most sought after …
