Several macro drivers from both supply/demand perspective pushing the price up: larger market share of renewables in the energy sector and inflated prices by central bank stimulus all around the world. Dublin, March 02, 2021 (GLOBE NEWSWIRE) : "The global Vegetable Oil Market is anticipated to grow to US$ 299.18 Billion by 2027. It is expected to grow with a CAGR of 3.30% from 2020 to 2027."