Soybean oil is a popular cooking oil that is used by consumers all across the globe. The Soybean oil has a significant role in making of shortening and margarine. A number of factors drive the global soybean market, including factors like the emulsifying ability of the oil and the oil’s low-calorie content. It is primarily used to prepare food products such as margarine, frozen food, salad dressing, shortening, baked food & in many other products. As per Renub research, Global Soybean Oil Market will be US$ 78.99 Billion by the end of 2027.
The global soy oil market growth factors are driven by increasing health awareness & rising demand for the developing region. The increasing awareness for health makes soybean oil popular rather than other vegetable oil has significantly increased demand. The people’s health-related concern will benefit the Global soybean oil market as it contains Omega-3-fatty acids (A Good fat) and Vitamin E (Essential for skin).
The industry is being driven by the rising demand of soybean meal (Soy milk, Soy nuts, Tofu etc.) and livestock feeding product that has contributed to the increasing demand of soy production and rising demand of soy oil. Soybean oil is considered to be the essential oil as compared to other vegetable oil consumed globally. A great majority of the world soybeans are processed or crushed every year to produce meal and oil while remaining are used directly for human consumption. Besides, Soybean oil is also used in non-food sectors like biodiesel.
The soybean oil market was USD 52.6 Billion in 2020, and it is expected to grow with a CARG 5.96% in future. The United State is the keen producer of soybean oil in North America and Argenina in South America in Soy oil production. The geographical markets for soybean oil are Europe North America, Asia pacific, Latin America & the Middle East & Africa. The companies in the above market include CHS Inc, Kerry Inc, Fuji Oil Group, House Food and Group Inc.
Renub Research report titled “Global Soybean Oil Market & Volume” By Consuming Country (China, United States, Brazil, India, European Union, Argentina, Bangladesh, Mexico, Others), Producing Country (China, United States, Brazil, Argentina, European Union, India, Mexico, Other), Importing Country(India, China, Algeria, Bangladesh, Morocco, Peru, European Union, Korea South, Colombia, Other), Exporting Country (Argentina, Brazil, United States, European Union, Paraguay, Russia, Bolivia, Other), Company Analysis (Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc, Archer-Daniels Midland Co.)
Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=soybean-oil-market-p.php
Consumption – Market & Volume breakup from 8 Viewpoints
2. United States
5. European Union
Production – Volume breakup from 8 Viewpoints
2. United States
5. European Union
Import – Volume breakup 9 Viewpoints
7. European Union
8. Korea South
Export – Volume breakup 8 Viewpoints
3. United States
4. European Union
All the company analysis has been covered in the report from 3 viewpoints
• Initiatives & Recent Developments
1. Kerry Inc
2. Fuji Oil Group
3. House Foods Group Inc
4. CHS Inc
5. Cargill Inc
6. Archer-Daniels Midland Co
Industry Related Opportunity:
Global Avocado Oil Market: https://www.renub.com/avocado-oil-market-p.php
Global Fish Oil Market: https://www.renub.com/fish-oil-market-p.php
Global Palm Oil Market: https://www.renub.com/palm-oil-market-p.php
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
Our core team is comprised of an experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Follow on Linkedin: https://www.linkedin.com/company/renub-research
Company Name: Renub Research
Contact Person: Rajat Gupta
Email: Send Email
Address:Roswell, GA 30076
Country: United States