Industrial Research World

  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,

  The  global red wine market  size is estimated to be valued at  $2,42,822.34 million by 2028 , surging from  $1,46,173.63 million in 2020 , at a noteworthy  CAGR of 6.60% .   Covid-19 Impact on Red Wine Market Shares The global market for red wine is estimated to experience a moderate growth amidst the COVID-19 pandemic. This growth is the result of disruption in supply chain and manufacturing of red wine. Also, complete avoidance of social life and massive shutdown have decreased the demand for red wine. Therefore, demand for red wine has decreased in pandemic times. However, certain key players in red wine market are adopting certain strategies and innovations for staying upfront in the competitive environment. For instance, Constellation Brands Inc., an American company of beer, wine, and spirits, in October 2020, announced that their e-commerce sales for wine have increased amid the pandemic. All such factors are predicted to positively impact the global red wine market growth, t