• Why is Benin a hub for mass palm oil production?
  • From mechanized processing techniques that allow lower cost prices to a larger production of bulk sales that attract more retailers, Benin has become a hub for mass palm oil manufacturing base. The global market for peanut oil registered a value CAGR of 3.4% from 2016 to 2020.
  • 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.
  • How much edible oil is produced in Benin?
  • 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 is the growth rate of peanut oil market?
  • The global market for peanut oil registered a value CAGR of 3.4% from 2016 to 2020. The major factor driving the market growth of peanut oil is increased demand from the food processing industry. Thanks to the rising awareness among consumers of the various health benefits it offers.
  • 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:
  • Can developing cotton by-products improve livelihoods in Benin?
  • Studies most notably highlight the great potential of developing cotton by-products in cotton-producing countries like Benin. It can improve the livelihoods of farmers, small artisanal, and semi-industrial businesses in vulnerable communities.