Press release
Global Cottonseed Oil Market to Witness a Pronounce Growth During 2023
Cottonseed oil is a cooking oil extracted from the seeds of cotton plants of various species, mainly Gossypium hirsutum and Gossypium herbaceum, that are grown for cotton fiber, animal feed, and oil. Cotton seed has a similar structure to other oilseeds such as sunflower seed, having an oil-bearing kernel surrounded by a hard outer hull; in processing, the oil is extracted from the kernel. Cottonseed oil is used for salad oil, mayonnaise, salad dressing, and similar products because of its flavor stability.
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Global Cottonseed Oil Market: Forecast by Type / Application / Region
According to the report, one of the major drivers for this market is wide use of cottonseed oil in various industries. Cottonseed oil is used for different applications in industries such as retail, food processing, and certain other industries, and for cosmetic applications. Since cottonseed oil has a high smoke point, it is usually used for deep frying and baking. It is used for making various food products such as potato chips and French fries. Also, cottonseed oil is a major ingredient in whipped toppings, margarine, shortenings, spreads, and icings due to its ability to form a beta prime crystal, which enables a consistent texture and appearance.
Further, the report states that one of the major factors hindering the growth of this market is fluctuating raw material price. Fluctuating price of raw material is one of the major challenges for vendors in the market. The fluctuation in the price is due to various reasons such as environmental factors, crop diseases, and others. A fluctuation in the price of raw materials will have an adverse impact on the growth of the market during the forecast period. Cotton production in the major cotton producing countries such as India and Pakistan is expected to decline during the forecast period. The cotton production in Pakistan is expected to decline by more than 30% during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Over the next five years, LPI(LP Information) projects that Cottonseed Oil will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Cottonseed Oil Market: Key Players
Cargill
ADM
Bunge
Louis Dreyfus
PYCO Industries
N.K.Proteins
Adani Wilmar
Gokul Refoils & Solvent
Icofort Agroindustrial
Gabani Industries
Ruchi Soya
HKD Cotton
Hartsville Oil Mill
Sina
Shafi Cotton
H.M.Industries
Swarna Industries
Goklanii Group
Yihai Kerry
QiaoQi Group
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Related Information:
United States Cottonseed Oil Market Research Report 2018
Europe Cottonseed Oil Market Research Report 2018
North America Cottonseed Oil Market Research Report 2018
Asia-Pacific Cottonseed Oil Market Research Report 2018
China Cottonseed Oil Market Research Report 2018
EMEA Cottonseed Oil Market Research Report 2018
Global Cottonseed Oil Market Research Report 2018
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