Global Soybean Oil Market: Industry Size, Market Share, Trends, Analysis, and Forecast 2016 - 2023
Albany, New York, April 4, 2017: Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled ‘Soybean Oil Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016 - 2023. Soybean oil is a vegetable oil extracted from soybeans. Soybean oil is mainly used in the household cooking and in restaurants as one of the important ingredients for cooking.Request for Sample Report: http://www.mrrse.com/sample/1890
Soybean oil has major usage in preparing margarine and shortenings. The market for soybean oil can be segmented on the basis of its applications such as, in Mayonnaise, salad dressing, frozen foods, meat products and commercially baked goods.
The Soybean oil market can also be segmented geographically into North America, APAC, Europe and Rest of the world (RoW) regions.
The soybean oil market is expected to grow with a single digit CAGR from 2013 to 2019.
The key driver of this market is the good emulsifying ability of the soybean oil. The soybean oil is considered to be healthy option due to lesser calories than conventional edible oils. Therefore the preference for soybean oil is more than the other type of vegetable oil present in the market. Soybean oil is low in saturated fat, and has no Trans fat , moreover it is a major source of omega3-fatty acids and Vitamin E. The growing health concerns, changing life styles and chaing food patterns among consumers to use healthy products in their daily diet are expected to support the growth in this market. Manufacturers are focusing more on the innovation to make oil healthy and tasty. The versatility and competitive price associated with soybean oil is major driver to attract maximum number of food manufacturers. However the presence of large number of substitutes is one of the major factor limiting the growth in the soybean oil market.
The distribution channel includes hypermarkets/supermarket, departmental stores and convenience stores among others.
Some of the key players Cargill Foods Inc., Adani wilmar Limited, Ruchi Soya Industries Ltd. Among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
Browse Full Report with TOC: http://www.mrrse.com/soybean-oil-market
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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