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Food and Industrial Applications Driving the Soybean Oil Market
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Food and Industrial Applications Driving the Soybean Oil Market Soybean oil is rich in various fatty acids and vitamins which help in preventing and controlling several health conditions like heart disease and osteoporosis. It is also used as an ingredient in a number of industrial products ranging from inks and paints to bio-diesel and hydraulic fluids. Soybean oil is extracted from soybean and is the second most consumed oil after palm oil. According to IMARC Group, the global soybean oil market has grown at a CAGR of around 3.6% during 2008-2015 with the production and consumption volumes reaching 46.1 Million Tons and 46.4 Million Tons respectively, in 2015. Soybean oil is rich in a variety of fatty acids along with a number of plant sterols, vitamins and minerals which are good for human health. Some of the numerous health benefits of soybean oil include – boosting immunity, regulating cholesterol levels and reducing the risk of heart diseases, preventing and controlling Alzheimer’s disease, improving bone health and protecting the skin cell membranes from infections. Apart from its health benefits, soybean oil is also used in the production of animal feed. Other industrial uses of soybean oil include the production of soaps, candles, caulks and mastics, insecticides, biodiesels, bio-composites, industrial lubricants, cleaners, solvents, paints, inks, crayons, hydraulic fluids and foams. The low cost and widespread availability of soybean oil along with its several health benefits and numerous industrial applications are currently driving the global soybean oil market. Other market drivers include population growth, increasing disposable incomes and growing health and environmental concerns.
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IMARC Group’s latest study “Soybean Oil Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” gives a thorough analysis of the global soybean oil market. The report has segmented the market geographically and has found that China represents both the biggest producer and consumer of soybean oil. In 2015, China accounted for more than 25% of the total global production and around 30% of the total global consumption of soybean oil. China was followed by USA, Brazil, Argentina, India, European Union, Mexico, Morocco and Iran. On the basis of application, the report has analysed the food, industrial and animal feed sectors. The food sector currently accounts for the majority of the total global soybean oil consumption, followed by the industrial and animal feed sectors. Currently, the industrial sector represents the fastest growing consumer of soybean oil. The report also provides an insight into the competitive landscape of the market. Some of the major players in the global soybean oil market covered by the report are Bunge, ADM, Cargill, AG Processing Inc. and CHS. Browse Press Release: http://www.imarcgroup.com/global-soybean-oil-market
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 global 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. Enquiry for sample report or more details, click here: http://www.imarcgroup.com/enquiry-form/
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Table of Contents
1 Research Methodology 2 Executive Summary 3 Introduction to the Soybean Oil Industry 4 Soybean Oil Industry Analysis 4.1 Soybean Oil Industry: Key Success and Risk Factors 4.1.1 Key Success Factors 4.1.2 Risk Factors 4.2 Soybean Oil Industry: Overall Market Performance 4.2.1 Global Soybean Industry 4.2.1.1 Historical and Current Market Trends 4.2.1.2 Market Breakup By Region 4.2.1.3 Market Breakup by End-Use 4.2.2 Global Edible Oil Industry 4.2.2.1 Historical and Current Market Trends 4.2.2.2 Market Breakup by Oil Type 4.2.3 Global Soybean Oil Industry 4.2.3.1 Current and Historical Market Trends 4.2.3.2 Market Breakup by Region 4.2.3.3 Market Breakup by Application 4.3 Soybean Oil Industry: Major Players
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5 Processing & Manufacturing of Soybean Oil Products 5.1 Soybean Oil Processing Plant: Detailed Process Flow 5.2 Soybean Oil Processing Plant: Various Types of Unit Operations Involved 6 Project Details, Requirements and Costs Involved 6.1 Land, Location & Site Development 6.2 Plant Layout 6.3 Plant and Machinery 6.4 Raw Materials 6.5 Utilities 6.6 Manpower 6.7 Other Capital Investments 7 Soybean Oil Processing Plant: Loans & Financial Assistance 8 Soybean Oil Processing Plant: Project Economics 8.1 Capital Cost of the Project 8.2 Techno-Economic Parameters 8.3 Product Pricing 8.4 Income Projections 8.5 Expenditure Projections 8.6 Financial Analysis
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