Global Soybean Oil Market: Growth Augmented by Expanding Industrial Applications
Copyright © IMARC. All Rights Reserved
About IMARC Group
Report Description
IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights
Report Description
Global Soybean Oil Market: Growth Augmented by Expanding Industrial Applications Rich in various fatty acids and vitamins, soybean oil represents a versatile product with numerous applications in both the food and non-food industries. Some of the industrial applications of soybean oil is in the production of animal feed, candles, soaps, biodiesels, industrial lubricants, etc. A latest report by IMARC Group, titled “Soybean Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global soybean oil market has grown at a CAGR of around 3% during 2009-2016 with the consumption volumes reaching 47 Million Tons in 2016. Soybean oil is extracted from the seeds soybean and represents the second most consumed oil after palm oil. It is rich in a number of fatty acids along with a variety of plant sterols, vitamins and minerals which are good for human health. Some of the several health benefits offered by soybean oil include regulating cholesterol levels and reducing the risk of heart diseases, boosting immunity, improving bone health, preventing and controlling Alzheimer’s disease and protecting the skin cell membranes from infections. Apart from being used for human consumption, soybean oil also finds applications in the production of animal feed. Some other industrial applications of soybean oil include the production of candles, soaps, insecticides, caulks and mastics, bio-composites, biodiesels, cleaners, industrial lubricants, paints, solvents, crayons, inks, hydraulic fluids and foams. According to the report, the global soybean oil market is currently being driven by a number of growth inducing factors. The low cost and easy availability of soybean oil along with its numerous health benefits and diverse industrial applications have led to an increase in the demand for soybean oil worldwide. Other market drivers include growing environmental and health concerns, increasing disposable incomes and population growth. As a result, the market is expected to grow steadily during the forecast period.
Report Description and Highlights
Report Description
Report Description and Highlights
Report Description
Report Description and Highlights
Report Description
The report provides a thorough analysis of the global soybean oil market. The report has analysed the market on the basis of end-use covering the food, industrial and animal feed sectors. Currently, the food sector accounts for the majority of the total global consumption, followed by industrial and animal feed applications. The industrial sector, on the other hand, represents the fastest growing segment. The report has segmented the market on a geographical basis and finds that China represents both the largest producer and consumer of soybean oil. In 2016, China accounted for more than a fourth of the total global production and around nearly a third of the total global consumption of soybean oil. Other major producers include Iran, Morocco, Mexico, European Union, India, Argentina, Brazil and the US. The report has further analysed the competitive landscape of the market. Some of the key players covered in the report are CHS, AG Processing Inc., Cargill, ADM and Bunge. Get a free sample copy of research report: http://www.imarcgroup.com/request?type=report&id=578&flag=B The report provides a detailed roadmap for setting up a soybean oil processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the essential aspects of the soybean oil market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the soybean oil industry in any manner. Browse full report @ http://www.imarcgroup.com/soybean-oil-processing-plant
Report Description and Highlights
Report Description
Š 2017 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
Contact Us
FOR MORE DETAILS Visit us at :
http://www.imarcgroup.com Stay With Us:
TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com