Benin alone produced 109 thousand tonnes of vegetable oils in 2019 (Source: World Data Atlas). The African edible oil market was valued at USD 4,803.28 million in 2021. Experts expect it to reach USD 8503.00 million by 2029, registering a CAGR of 7.40% during the forecast period of 2022-29.
What are the major dynamics of edible oil industry in Benin?
Some of the major dynamics of the edible oil industry in Benin include: The edible oil market is segmented based on type, package, distribution channel, and end-users. Its growth around all these segments helps Benin to analyze the major growth segments in the industry and provides users with valuable market insights.
Why is edible oil important in Benin?
These oils possess fatty acids, anti-oxidants, phospholipids, and more. Being consumed by humans and the food processing industry, edible oil is widely known to contain low fats, calories, and cholesterol. Some of the major dynamics of the edible oil industry in Benin include:
How to choose the right process for edible oil refining?
Choosing the right option between batch processing and continuous processing for your edible oil refining processes is extremely crucial. This complex decision depends not only on the scale of your operations, your proximity to the crude edible oil of your choice, your budget and demand but also the stability of the oil.