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Cooking Oil Market Projected to Gain an Uptick During 2021-2028

  The  global cooking oil market  size is estimated to be valued at  $2,56,200 billion by 2028 , surging from  $1,67,600 billion in 2020 , at a noteworthy  CAGR of 5.5% .     COVID-19 Impact on Cooking Oil Market During the pandemic, the cooking oil market is experiencing a low growth as food safety has become one of the biggest concerns among consumers to reduce the possibilities of getting infected by the virus. This has led to the shutdown of restaurants and food stalls, negatively impacting the growth of the market. Furthermore, certain key vendors operating in cooking oil market, such as Marico Ltd, India's leading consumer goods company, in July 2020 announced that they have experienced higher growth rate of 16% on their saffola oil as it is considered as healthy oil. All such factors are predicted to positively impact the global cooking oil market trends amid the pandemic.     Due to the COVID-19 pandemic, people are stuck at homes with limited sources of food. Therefore, mo