8 Most Consumed Edible Oils In The World

2. Soybean Oil 

Latest Annual Consumption: 75.39 million metric tons 

Soybean is economically the most crucial edible oil as it has found a way into alternative fuel production, i.e., green diesel. The oil is derived from the soybean plant, which grows the most in China, the US, Brazil, and Argentina. Soybean oil has industrial applications, notably in producing biodiesel, paints, and inks.