Soybean Oil Market Report Analysis, Share, Size, Trends, Growth, Demand and Forecast Till 2024

1. Global Soybean Oil Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Soybean Oil Market Overview: According to the latest report by IMARC Group, titled “Soybean Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global soybean oil market size reached 49.7 Million Tons in 2018. Soybean oil is a rich source of essential nutrients including proteins, plant sterols, vitamins and fatty acids. It has a relatively lower price as compared to the other edible oils available in the market. Soybean oil has become a preferred choice for cooking in households and restaurants due to its neutral taste, high smoke point and negligible saturated fat content. Nowadays, researchers are developing soybeans with an increased level of stearidonic acid (SDA) omega-3s with the help of biotechnology, which is having a positive impact on the market for soybean oil. Global Soybean Oil Market Trends The growing health consciousness among consumers across the globe is one of the key factors driving the market growth. Soybean oil offers various health benefits such as managing heart health, lowering cholesterol levels, improving immunity, reducing the threat of cognitive disorders, preventing osteoporosis, and boosting skin and eye health. Consequently, the demand for soybean oil has significantly increased, especially among health-conscious consumers.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Million US$ in Million US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Moreover, many leading companies have launched non-GMO soybean. For instance, Cargill has introduced soybean oil made from identity-preserved (IdP), conventionally-bred (non-GM) soybeans to expand its product portfolio and consumer base. Looking forward, the market volume is projected to reach 56.6 Million Tons by 2024, registering at a CAGR of 1.8% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/biopreservation- market/requestsample

5. Report Description and Highlights Report Description Furthermore, in recent years, manufacturers have introduced high oleic soybean oil which contains no trans-fat and high amounts of monosaturated fats. Also, soybean oil has several functional properties which have facilitated its usage in both food and non-food applications. In the food industry, it is used for cooking, frying and as an ingredient in the production of margarine, shortenings, and non-dairy creamers. Its non-food applications include the production of animal feed, caulks, mastics, resins, plastics, biodiesel and insecticides. Soybean Oil Market Segmentation Market Segmentation by End-Use • • • • Food Industrial Feed Others Based on the end use, the market has been segregated into food, industrial, animal feed and others. The food industry currently represents the largest end use segment, accounting for the majority of the global market share.

6. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/soybean-oil-processing-plant Market Segmentation by Region • • • • • • • China United States Brazil Europe Argentina India Others Region-wise, China exhibits a clear dominance in the global soybean oil market. China is followed by the United States, Brazil, Argentina, Europe and India. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

7. Report Description and Highlights Report Description • • • • • ADM Bunge Cargill Louis Dreyfus Wilmar

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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