Global Industry Overview: Fats and Oils
Industry firms extract and process a variety of fats and oils, mostly for use in human foods and animal feed. Major production categories include cottonseed oils, soybean oils, other vegetable oils, animal fats and oils, and margarine, shortening, and related products. (Production of butter, however, is not included under this topic.)
Industry Snapshot
In the middle years of the twenty-first century's first decade, global supplies of fats and oils were sufficient to meet steadily increasing world demand. According to analysis of the Food and Agricultural Organization (FAO) of the United Nations, production of oil-bearing...