Chilli Oil Market Key Players and Forecast 2032

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According to a recent market intelligence study by DataIntelo, the Global Chilli Oil Market was valued at USD 750 million in 2023 and is projected to reach USD 1.38 billion by 2032, growing at a CAGR of 6.9% during the forecast period. The global surge in demand for spicy, bold flavors is fueling this growth across both foodservice and retail channels.

Chilli Oil Market Report | Global Forecast From 2025 To 2033
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Chilli Oil Market Report | Global Forecast From 2025 To 2033

The global chilli oil market size was USD 832.21 Million in 2023 and is likely to reach USD 1273.67 million by 2032, expanding at a CAGR of 5.14% during 2024–2032.