openPR Logo
Press release

Soybean oil Market is Appraised to be Valued US$ 21,373 Mn by 2022

08-24-2017 08:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Soybean oil Market is Appraised to be Valued US$ 21,373 Mn by 2022

As per the latest study conducted by the Fact.MR, the global market for soybean oil is set to increase at a steady rate over the next five years and reach a valuation in excess of US$ 21,373 Mn by 2022-end. Soybean oil is one of the most common cooking oil, which is used worldwide. Nearly two-third amount of the soybean that is produced across the globe is used for soybean oil production. In the recent years, the global production of soybean oil has surged incessantly owing to its increasing application in the food and beverage industry. The product is widely used for baking, frying and as a condiment for salads. Demand for the product is gaining traction owing to its omega-3 fatty acids and polyunsaturated fats content that are beneficial to the health. Moreover, soybean oil is also used in the manufacturing alkyd resins that are used in inks and oil paints. Soybean oil continue to be a cost-efficient cooking oil, which is readily available in the market. The aforementioned factors are likely to make a positive influence on the global market for soybean oil.

Request For Report Sample: https://www.factmr.com/connectus/sample?flag=S&rep_id=111

Following are the key projections from Fact.MR’s forecast on the global market for soybean oil.

Based on product type, the processed soybean oil segment is projected to remain dominant throughout the forecast period. Consumption of processed soybean oil is relatively higher than the virgin variant. Currently, the former command for over two-third revenue share of the market. Most consumers prefer processed soybean oil for cooking as it is more refined, which in turn continues to drive its global demand.

Based on end use, the retail segment is projected to exhibit impressive growth between 2017 and 2022. In terms of revenue, this segment currently commands for around 38% share of the market and is anticipated to stand at US$ 8,156 Mn towards the end of the forecast period. Foodservice segment is expected to remain the second largest end use segment.

Check Discount : https://www.factmr.com/connectus/sample?flag=D&rep_id=111

On the basis of distribution channel, the modern trade segment is projected to retain its top position over 2022. Presently, the segment commands for nearly one-third revenue share of the market. Meanwhile, the online retail store segment is also reflecting a steady growth as well.

Among regions, Europe will continue to be the largest market for soybean oil and exhibit lucrative growth opportunities over the next couple of years. The market in the region is expected to register a relatively higher CAGR as compared to other region.
Key players profiled in the Fact.MR report include ConAgra Foods (Agrotech Foods Ltd), Ach Food Companies, Inc., Marico Limited, Olympic Oils Limited, American Vegetable Oils, Inc., Fuji Vegetable Oil, Inc., Adams Group, Borges Mediterranean Group, Cargill Inc., Beidahuang Group, Bunge Limited, Associated British Foods (Ach), Archer Daniels Midland Company, Ruchi Soya Industries Ltd, and The Adani Wilmar Ltd. Owing to increasing demand for trans-fat free cooking oil, producers are actively focusing on introducing high quality refined soybean oil.

Click to View Complete Report : https://www.factmr.com/report/111/soybean-oil-market

About Us

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

Office: Dublin 2

Suite 9884

27 Upper Pembroke Street,

Dublin 2, Ireland

Tel: +353-1-6111-593

( Dublin 2 )

Email: sales@factmr.com

Web: https://www.factmr.com

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 is Appraised to be Valued US$ 21,373 Mn by 2022 here

News-ID: 683032 • Views:

More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Key Players: iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., and Dyson Inc
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
08-29-2025 | Health & Medicine
Fact.MR
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2034 | Key Players: Johnson & Johnson Services Inc; Teva Pharmaceutical Industries Ltd.; Sun Pharmaceutical Industries Ltd.; Takeda Pharmaceutical Company Limited
08-29-2025 | Health & Medicine
Fact.MR
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance

All 5 Releases


More Releases for Soybean

Key Soybean Market Trend for 2025-2034: Innovations In Soybean Seed Varieties Fo …
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, international
Soybean Derivatives Market Report 2024 - Soybean Derivatives Market Size, Trends …
"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 size
Safeguarding Soybean Crops: Evolution of Effective Soybean Herbicides | Bayer, C …
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 the
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, used
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, used
2021 Soybean Industry Global Analysis Report
Stratistics MRC’s 2021 Soybean Market report is The soybean is one of the most important food plants of the world and seems to be growing in importance. 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.