Soybean Oil Market Price, Trends, Growth, Analysis, Report & Forecast 2019-2024
- Matt Johnson
- Nov 1, 2019
- 3 min read
According to a new report by Expert Market Research, the global soybean oil market reached a production volume of 48.7 Million Tons in 2018. The market is presently gaining impetus due to a number of factors such as rising global population, growing health consciousness among the consumers and growing food industry. Low cost, easy availability and eco-friendly nature of soybean oil has further facilitated its use in various sectors such as food, industrial and feed.
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Competitive Landscape & Supplier Analysis:
1. Bunge Ltd (NYSE: BG) 2. Archer Daniels Midland Co (NYSE: ADM) 3. Cargill 4. Ag Processing Inc. 5. Chico’s FAS, Inc. (NYSE: CHS) 6. Others
Soybean oil is the second most important vegetable oil (after palm oil) consumed globally. A great majority of the world’s soybeans are processed or crushed every year to produce soybean meal and oil, while remaining are used directly for human consumption. During 2014-2018, the global soybean oil market grew at a CAGR of around 3%. The market is currently being driven by increasing demand of soybean meal for livestock products which has, thus, contributed considerably to the rise in soy oil production and rising demand of soybean oil. Other advantages such as easy availability, competitive prices, environment-friendly and various nutritional benefits of soy oil are the factors that are stimulating its consumption. This report by Expert Market Research entitled “Soybean Oil Market Report and Forecast 2019–2024” provides a comprehensive analysis for anyone who plans to foray into the soybean oil market.
Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/soybean-oil-market
Soybean oil currently represents the second most important vegetable oil in the world accounting for nearly one-fifth of the global consumption of edible oils. A well balanced oil with low saturated and high polyunsaturated fats, soybean oil is a good source of phytosterols, vitamin E and omega-3 and omega-6 fatty acids. Besides being highly nutritious, it also offers innumerable health perks. It lowers cholesterol levels, improves heart health, boosts immunity, prevents osteoporosis and reduces cognitive disorders.
Chapter 1 Preface 1.1 Research Methodology and Market Definitions 1.2 Introduction 1.3 Report Summary Chapter 2 Global Soybean Market: Industry Overview 2.1 Market Trends 2.2 Market Breakup by Region 2.4 Market Breakup by End-Use 2.4.1 Human Foods 2.4.2 Oil 2.4.3 Food Protein Chapter 3 Global Edible Oil Market: Industry Overview 3.1 Market Trends 3.2 Market Breakup by Oil Type 3.2.1 Palm Oil and Palm Kernel Oil 3.2.2 Soybean Oil 3.2.3 Rapeseed Oil 3.2.4 Sunflower Oil 3.2.5 Other Oils Chapter 4 Global Soybean Oil Market: Industry Overview 4.1 Key Factors Driving the Soybean Oil Industry 4.2 Market Trends 4.3 Market Breakup by Country 4.3.1 China 4.3.2 United States 4.3.3 Brazil 4.3.4 Argentina 4.3.5 EU-27 4.3.6 India 4.3.7 Mexico 4.3.8 Other 4.4 Market Breakup by End-Use 4.4.1 Food 4.4.2 Industrial 4.4.3 Feed 4.5 SWOT Analysis 4.5.1 Strengths 4.5.2 Weaknesses 4.5.3 Opportunities 4.5.4 Threats 4.6 Value Chain Analysis 4.7 Imports and Exports 4.8 Market Outlook
Related Links:
https://www.expertmarketresearch.com/reports/cheese-market https://www.expertmarketresearch.com/reports/latam-palm-oil-market
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