Soybean Oil Market 2022: Increasing Demand & Provides an In-depth Analysis for Efficient Management Practices Report-2027

 Soybean oil is one of the form of vegetable oil which is extracted from seeds of soybean/glycine max. Primary demand for soybean oil is in the food industry where it is widely used for cooking purpose. In terms of characteristics of soybean oil, it is yellow in color, contains vitamin E, vitamin K, Omega-6 and free from fatty acids and cholesterol, which makes soybean oil as one of the healthiest cooking oil. It is primarily used in preparing food products such as margarine, frozen foods, salad dressings, shortenings, baked food and in many other products. In terms of demand for soybean oil in global market, North America and Asia-Pacific region are expected to gain largest market share in terms of volume and value.

Soybean Oil Market: Market Drivers

Some of the key factors which are influencing the demand for soybean oil in the global market is due to increasing number of health conscious consumers and changing preference of consumers towards healthy food. Nowadays, soybean oil is highly preferred among consumers suffering diseases from high cholesterol, obesity and cardiovascular as it helps to manage cholesterol, improves the immune system, reduce cognitive disorder and also helpful to maintain healthy skin. These are some key factors which are driving the demand for soybean oil in the developed and developing countries. Moreover, it is also preferred by food manufacturers to fulfill the demand for consumers seeking for food products with highly nutritional content.

Food manufacturers are using soybean oil as a key ingredient as it has low saturated fat value, no trans-fat, and fewer calories and on the other side the demand for soybean oil is also fueling from healthcare industry as it is a rich source of omega-3 fatty acids, vitamins and minerals. In addition, the versatility of soybean oil is also one of the key factor which creates opportunities for rubber and plastic industries, pharmaceutical and nutraceutical products across the global market. In future, the growth soybean may inhibit due to the availability of substitutes such as sunflower seed oil, olive oil, palm oil and many other conventional oil which may limit the growth of soybean oil market.

Soybean Oil Market Segmentation

Soybean oil market is segmented on the basis of raw material, application, end-use and distributional channel.  On the basis of raw material, soybean oil is segmented in organic and conventional soybean oil. Market segment by application include food, cosmetics and personal care products, animal agriculture and other. Further the food segment is sub-segmented into culinary use, bakery, snacks, salad dressings, mayonnaise, meat and fish and others (confectionery).Further, soybean oil market is segmented on the basis of end-use which includes, commercial and household purpose. On the basis of the distributional channel, it is segmented on the basis of supermarket/hypermarket, convenience stores, wholesaler/distributor, and neighborhood stores.

On analyzing the demand for soybean oil in the global level market, it assesses that majority of the use of soybean oil is in food industry due to its low saturated fat contents, a major source of vitamin E, and omega-6 fatty acids. In addition, application of soybean oil makes the food healthier and also shelf stable product. On the other side, the demand for soybean oil is also increasing as an industrial application in industries such as biodiesel, rubber, plastic, paints and coatings and for many other industrial purposes.

Soybean Oil Market: Regional Outlook

On the basis of the regional segment, soybean oil market is segmented into seven regions including North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East & Africa. On analyzing the market share on the graph, it is expected that North America and Asia-Pacific accounts for the majority of share in terms of value and volume in global soybean oil market. Furthermore, increasing demand for soybean oil in household purpose and in fast food industry among developing countries of Asia Pacific region. In addition, increasing urban population and increasing number of health conscious consumers in China and India show that Asia Pacific region is expected to be one of the most attractive markets in near future. 

Soybean Oil Market: Key Players

Some of the key players operating in global soybean oil market are Cargill, Incorporated, Ruchi Soya Industries Limited, LE GROUP INDUSTRIES, AGRO FOOD GROUP, IB Group, FEDIOL, Aceitera General Deheza, Harvest Brand, Granol and Wilmar International Ltd.

The report covers exhaustive analysis on:

  • Soybean Oil Market Segments
  • Soybean Oil Market Dynamics
  • Soybean Oil Historical Actual Market Size, 2012 - 2016
  • Soybean Oil Market Size & Forecast 2017 to 2027
  • Soybean Oil Supply & Demand Value Chain
  • Soybean Oil Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Soybean Oil Technology
  • Value Chain
  • Soybean Oil Market Drivers and Restraints

Regional analysis for Soybean Oil Market includes

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Europe
    • U.K.
    • France
    • Germany
    • Poland
    • Russia
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of the Asia-Pacific
  • Japan
  • Middle-East and Africa
    • GCC Countries
    • Rest of the Middle-East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

 

Main Report Link: https://www.futuremarketinsights.com/reports/soybean-oil-market

Comments

Post a Comment

Popular posts from this blog

Online Grocery Market Share, Development by Companies Future Investments and Key Opportunities by 2032

  The online grocery market has experienced tremendous India online grocery market growth over the past few months as a result of changing consumer lifestyles, increasing urbanization, and the tech-savvy generation that favours online shopping. The India online grocery market size has been estimated at USD 4,540.0 Million in 2022 and is projected to grow at a CAGR of 32.7% from 2022 to 2032, reaching USD 76,761.0 Million by that time which surges the India online grocery market key trends and opportunities. For more Information, Download Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15211 KEY TAKEAWAYS: Through 2032, the others segment of the India online grocery market share, which falls under the product type category, is anticipated to grow at a CAGR of 35.8%. The fresh produce segment of the India online grocery market size, which falls under the product type category, is anticipated to grow at a CAGR ...
Read more

Dairy Flavored Milk Market: Worldwide Industry Analysis of Key Findings, and New Market Opportunities Explored by 2022-2032

  Dairy Flavored milk  is a product manufactured by mixing milk, sugar or sweetener, coloring, and natural or artificial flavor. Flavored milk offers some essential nutrients like calcium, potassium, vitamins, phosphorus, and protein. Flavored milk is among the healthiest products from the food and beverage industry. Its health benefit is a boost for the market as consumers are moving towards healthy lifestyles. Also, the high shelf life and increase in demand for refrigerated milk products fuel the growth of the flavored milk market globally. The worldwide flavored milk market is supposed to arrive at a valuation of US$ 3,300 Million of every 2022. Generally speaking, deals of flavored milk are projected to develop at a strong CAGR of 6.4% somewhere in the range of 2022 and 2032, adding up to around US$ 6,119.3 Million toward the finish of 2032 The global dairy flavored milk industry is still on the rise as consumption is still low compared to other drinks like ...
Read more

Palm Oil & Mid-Fraction Market Analysis of Key Findings, and New Market Opportunities Explored by 2022-2032

  Palm Oil & mid-fraction is a preferred derivative over other palm oil co-products due to its functionality to yield higher shelf-life stability in the end-use products. It is generally fractionated to separate its content (mainly containing stearin and olein) through fractionation. When these phases are given a double-fractionation treatment, it gives to rise to palm mid-fraction. Palm oil & mid fraction is rich in content such as tocopherol and carotene and is used mainly in the production of edible fats and butter substitutes. Palm-oil manufactured for industrial processes are used in various forms of derivatives. Along with shelf life stability, the Palm oil & mid fraction also yields a good texture and volume in the bakery fat applications. The major processing of palm mid-fraction takes place mainly in South East Asian countries- Malaysia and Indonesia, from where it is exported to the rest of regions. Palm mid-fraction happens to be a primer in the pro...
Read more