The global Soy Oil Market is expected to reach USD 48.18 Billion by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the growing demand for soy oil amongst various end-use applications.
Global Soy Oil Market report published by Reports and Data, provides in-depth analysis of top players, geography, end users, applications, competitor analysis, revenue, price, gross margin, market share, import-export data, trends and forecast.
The Soy Oil Market report provides a basic overview of the industry including definitions, classifications, applications and chain structure. The Soy Oil market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
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Market Overview:
The food and beverage sector is undergoing significant transitions, and with the latest trends and technologies in place, it is fair to conclude that food and beverage companies will not be able to look back. In addition, demand for nutritious meals and packaged food and beverage goods are two prominent food and beverage sector trends that are expected to continue for a long time.
The Soy Oil Market report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
Key Players covered in this report are:
• Archer Daniels Midland Company
• Bungee Limited
• Corteva
• Olam International
• Wilmar International Limited
• Granol
• Cargill Inc.
• Associated British Food PLC
• Ruchi Soya Industries
• Agro-Food Group
Further key findings from the report suggest:
• By application, food application contributed to the largest market share in 2018 and is estimated to grow at a rate of 3.1% in the forecast period. The high demand for soy oil in food applications is owing to the growing population and shifting preferences for a healthy lifestyle.
• By distribution channel, the online distribution channel is expected to grow at a rate of 5.8% in the forecast period, as this mode of distribution has the advantage of providing a broader exposure to the product produced by the manufacturers, especially with the proliferation of smart devices and internet connectivity.
• By end-use, commercial application contributed to a considerable market share in 2018 and is expected to witness a faster growth rate in the forecast period.
• The market in the Asia Pacific region held the largest market share in 2018 and is projected to grow at a rate of 4.4% in the forecast period. The market dominance of the APAC region is owing to a huge population in countries in the region as well as an increase in demand of soy oil in food and agriculture industries.
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Segments covered in the report:
This report forecasts revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Reports and Data have segmented the global soy oil market on the basis of application, distribution channel, end-use, and region:
Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Food
• Personal Care
• Agriculture
• Bio-Diesel
• Others
Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Online
• Offline
End-Use Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Commercial
• Household
Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Major Points covered in this report are as below:
• The Soy Oil industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Soy Oil Market report provides key statistics on the market status of the Soy Oil manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa.