The global production of vegetable oil is increased by xx million tons (MMT) in 2016 and it is estimated to reach xx million tons (MMT) by 2021. Growing per capita food demand, increasing consumption, and production of protein meals are driving the market growth. In addition, the high crude oil prices and the additional policy support imply a high growth in vegetable oil uptake for biodiesel production. The demand for protein meals is driven mainly by growth in non-ruminant livestock and milk production, and the incorporation rate of protein in feed rations in emerging markets.

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