Press release
Soybean Oil Market 2023-2028 | Size, Growth, Industry Trends, Top Companies, Global Report
Soybean Oil Market
Report Highlights
How Big is the Soybean Oil Market?
The global soybean oil market size reached 60.0 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 67.6 Million Tons by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/soybean-oil-processing-plant/requestsample
What is Soybean Oil?
Soybean oil refers to the edible oil extracted from the seeds of soybean in the presence of food-grade hexene. The oil is characterized by a neutral taste and high smoke point, due to which it is widely used as a preferred choice for cooking and baking across households and commercial restaurants. It is extremely economical and contains lesser amounts of saturated fats when compared to other edible oils. A rich source of essential nutrients, such as proteins, plant sterols, vitamins and fatty acids, its consumption is often associated with lowering cholesterol levels, boosting immunity, reducing the threat of cognitive disorders, maintain heart and promoting skin health.
What are the Growth Prospects and Trends in the Soybean Oil Industry?
The rising health consciousness among the masses represents one of the key factors driving the market growth. In line with this, the growing prevalence of several chronic lifestyle diseases on the global level has impelled individuals to maintain a healthy lifestyle by replacing conventional edible oils with soybean oil. Along with this, several manufacturers are continually engaging in the development of fortified product variants with the help of advanced technologies, which is significantly increasing the demand for soybean oil. For instance, they are utilizing biotechnology to modify soybean oil, which can increase the level of omega-3 eicosapentaenoic acid (EPA) in the red blood cells. Leading market players, such as Cargill, Incorporated, a privately held global corporation based in Minnesota, are also using identity-preserved (IdP), conventionally-bred (non-GM) soybeans to obtain the oil. Apart from this, soybean oil is extensively utilized across numerous non-food applications, including in the production of resins, plastics, animal feed, caulks, mastics, biodiesel and insecticides, which is contributing to its rising demand. Rapid industrialization and easy product availability through online retail portals at an affordable price point, along with the growing application of soybean oil in the petrochemical sector, are some of the other factors that are anticipated to provide a thrust to the market growth.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=578&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Who are the Key Players Operating in the Soybean Oil Market?
The competitive structure of the soybean oil market has also been analyzed and has been found to be concentrated in nature. Some of the largest players operating in the market include:
โข Archer Daniels Midland Company
โข Bunge Limited
โข Cargill, Incorporated
โข Louis Dreyfus Company B.V.
โข Wilmar International Limited
What is Included in Market Segmentation?
The report has categorized the market based on end-use and region.
Based on End-Use:
โข Food
โข Feed
โข Industrial
Regional Insights:
โข China
โข United States
โข Brazil
โข Europe
โข Argentina
โข India
โข Others
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: https://www.imarcgroup.com/request?type=report&id=578&flag=C
Key Highlights of The Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข The Impact of COVID-19 on the Global Market
โข Value Chain Analysis
โข Structure of the Global Market
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Report By IMARC Group:
Soybean Oil Processing Plant Project Report 2023: https://www.imarcgroup.com/soybean-oil-processing-plant-project-report
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Soybean Oil Market 2023-2028 | Size, Growth, Industry Trends, Top Companies, Global Report here
News-ID: 3179159 • Views: โฆ
More Releases from IMARC Group
Retirement Planning Services Business Plan 2025: Market Overview and Investment โฆ
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhanceโฆ
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr โฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry.
Market Size & Future Growth Potential:
The Indonesiaโฆ
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A โฆ
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. Itโฆ
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a โฆ
Overview: Expanding Opportunities in India's Dairy Processing Sector
India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such asโฆ
More Releases for Soybean
Key Trends Reshaping the Soybean Market: Innovations In Soybean Seed Varieties F โฆ
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Soybean Market Size Growth Forecast: What to Expect by 2025?
The steady increase in the size of the soybean market has been noted in recent years. It is projected to experience a growth from $160.29 billion in 2024 to $166.7 billion in 2025, indicating a compound annual growth rateโฆ
Key Soybean Market Trend for 2025-2034: Innovations In Soybean Seed Varieties Fo โฆ
What Is the Future Outlook for the Soybean Market's Size and Growth Rate?
The market size for soybeans has experienced robust expansion in the past few years. A growth from $160.29 billion in 2024 to $169.68 billion in 2025 at a compounded annual growth rate (CAGR) of 5.9% is predicted. The expansion during the historical timeframe can be linked to an increase in demand globally, biofuel manufacturing, beneficial weather patterns, internationalโฆ
Soybean Derivatives Market Report 2024 - Soybean Derivatives Market Size, Trends โฆ
"The Business Research Company recently released a comprehensive report on the Global Soybean Derivatives Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The soybean derivatives market sizeโฆ
Safeguarding Soybean Crops: Evolution of Effective Soybean Herbicides | Bayer, C โฆ
Soybean Herbicide Market 2023 Forecast: Unveiling Opportunities and Growth
Soybean Herbicide market report presents an overview of the market on the basis of key parameters such as market size, revenue, sales analysis and key drivers. The market size of global Soybean Herbicide market is anticipated to grow at large scale over the forecast period (2023-2029). The main purpose of the study report is to give users an extensive viewpoint of theโฆ
Soybean Industry Report Analysis By opportunities
Stratistics MRC's Soybean Market report provides readers with an understanding of market details, overview, drivers and segmentation with types.
The soybean is one of the most important food plants of the world and seems to be growing in importance. It is an annual crop, fairly easy to grow, that produces more protein and oil per unit of land than almost any other crop. It is a versatile food plant that, usedโฆ
Soybean Industry Report Analysis By opportunities
Stratistics MRC's Soybean Market report provides readers with an understanding of market details, overview, drivers and segmentation with types.
The soybean is one of the most important food plants of the world and seems to be growing in importance. It is an annual crop, fairly easy to grow, that produces more protein and oil per unit of land than almost any other crop. It is a versatile food plant that, usedโฆ
