Edible Oil By Product Market Size 2024 to 2031.

Market Overview and Report Coverage

The Edible Oil By Product Market refers to the various by-products that are derived during the processing of edible oils, such as rice bran oil, palm oil, soybean oil, and others. These by-products include meal, oil cakes, soapstock, and others, which have various applications across industries.
The Edible Oil By Product Market is expected to witness substantial growth in the coming years, with a projected CAGR of 5.80% during the forecasted period. This growth can be attributed to factors such as the increasing demand for sustainable and eco-friendly products, as well as the growing awareness about the health benefits of edible oil by-products.
Additionally, the rising trend of plant-based diets and the increasing adoption of by-products in various industries, such as cosmetics, pharmaceuticals, and animal feed, are further driving the growth of the Edible Oil By Product Market. Furthermore, advancements in technology and innovations in production processes are expected to create new opportunities for market growth.
Overall, the future outlook for the Edible Oil By Product Market is positive, with increasing demand and expanding applications driving growth in the market.

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Market Segmentation
The Edible Oil By Product Market Analysis by types is segmented into:
• Liquid Co-Product
• Solid Co-Product

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Edible oil by-products are divided into two main categories: liquid co-products and solid co-products. Liquid co-products include oils that are extracted during the refining process of edible oils, such as deodorizer distillates and soapstock. These by-products are often used for various industrial applications. Solid co-products, on the other hand, refer to substances like sludge and oilseed meal that are produced during the oil extraction process. These by-products are commonly used as animal feed or for the production of biodegradable materials.

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The Edible Oil By Product Market Industry Research by Application is segmented into:
• Animal Feed
• Soaps and Detergent
• Personal Care Products
• Intermediate Chemical
• Others

The edible oil by-product market finds applications in various sectors including animal feed, soaps and detergents, personal care products, intermediate chemicals, and others. These by-products such as oil cakes, gums, and fatty acids are used as ingredients in animal feed for livestock, as raw materials for manufacturing soaps and detergents, as components of personal care products like cosmetics, as intermediates in chemical production, and in various other industries for different purposes, showcasing the versatility and value of edible oil by-products.

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In terms of Region, the Edible Oil By Product Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Edible Oil By Product market?
The global edible oil by-product market is experiencing several emerging trends. One key trend is the increasing use of by-products such as oilseed meals and cakes in animal feed due to their high protein content. Another trend is the growing demand for biofuels, leading to increased production of by-products like glycerin. Additionally, there is a rising focus on sustainability and reducing waste in the edible oil industry, driving companies to find innovative ways to utilize by-products. Overall, these trends indicate a shift towards more efficient and sustainable practices in the global edible oil by-product market.

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Major Market Players
Wilmar International is one of the largest edible oil by-product players globally, with a strong presence in Asia. The company was founded in 1991 and has witnessed significant market growth over the years. Wilmar International has diversified its product portfolio to include a wide range of edible oil by-products such as palm oil, soybean oil, and sunflower oil. The company's market size has also expanded due to its aggressive expansion strategies and acquisitions.
Cargill, another key player in the edible oil by-product market, has a long history dating back to 1865. The company has established a strong presence in the market and has seen impressive market growth. Cargill offers a diverse range of edible oil by-products and has a global footprint with operations in various countries. The company's market size continues to grow due to its focus on innovation and sustainability.
Liangyou Group, a prominent player in the edible oil by-product market, was founded in 1999 and has steadily grown its market presence. The company is known for its high-quality edible oil by-products and has a strong customer base. Liangyou Group's market size has expanded over the years, and it continues to increase its sales revenue through strategic partnerships and investments.
Sales revenue for Wilmar International was reported to be $44.4 billion in 2020, highlighting its strong position in the market. Cargill's sales revenue stood at $114.7 billion in the same year, reflecting its robust growth trajectory. Liangyou Group's sales revenue was $6.3 billion in 2020, showcasing its significant market presence.

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