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Soybean oil market to reach $57.66 billion by 2031 on biofuel demand

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  • Mordor Intelligence projects global soybean oil market growth through 2031.
  • The market is estimated to rise from USD 43.87 billion in 2026 to USD 57.66 billion by 2031.
  • The EU sets December 30, 2026, compliance deadline for large and medium soy operators.
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