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 soybean oil market.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Soybean Oil market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Soybean Oil
This newly published and insightful report sheds light on Market Insights of Soybean Oil, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Soybean Oil Market.
Key Segments Covered
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Product Type
- Processed Soybean Oil
- Virgin Soybean Oil
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End User
- Soybean Oil for Foodservice
- Soybean Oil for Food Processor
- Soybean Oil for Retail
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Distribution Channel
- Soybean Oil Sales via Modern Trade Channels
- Soybean Oil Sales via Franchise Outlets
- Soybean Oil Sales via Speciality Stores
- Soybean Oil Sales via Online Distribution Channels
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Soybean Oil Market- Scope of Report
A recent study by Fact.MR on the soybean oil market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging associated with the manufacturing of the Soybean oil market.
The study also provides the dynamics responsible for influencing the future status of the soybean oil market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the soybean oil market, along with their product portfolios, enhances the reliability of this comprehensive research study.
Report Summary
The study offers a comprehensive analysis of diverse features, including production capacities, demand, product developments, revenue generation, and sales of the Soybean oil market across the globe.
A comprehensive estimate of the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of the Soybean oil market during the forecast period. Price point comparison by region with the global average price is also considered in the study.
Analysis on Market Size Evaluation
The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).
Estimates at global and regional levels for the Soybean oil market are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report.
Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global soybean oil market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which has helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the soybean oil market during the forecast period.
Country-specific valuation on demand for the soybean oil market has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions ad countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value & volume for emerging countries has also been included in the report.
In-depth Analysis on Competition Analysis
The report sheds light on leading manufacturers of the soybean oil market, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in producing lung cancer medicines have been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which includes essentials such as product portfolios and key strategies, along with an all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the soybean oil market domain.
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.
- 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.
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