According to the Food Safety and Standards Authority of India (FSSAI),” cottonseed oil should be extracted from clean, sound delinted and decorticated cotton seeds (genus Gossypium). It shall be refined. It shall be clear, free from rancidity, suspended or other foreign matter, separated water, added coloring or flavoring substances or mineral oil. It shall contain an unsaponifiable matter not more than 1.5 percent. The test for Argemone oil shall be negative. Butyro-refractometer reading should be at 40 degrees Celsius. The Iodine Value in cottonseed oil should be from 98 to 123.”
Growing Demand from Cattle-Feed Makers
is also expected to contribute significantly to the Cottonseed market growth. Overall, applications of Cottonseed, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End-User Industries, such as Agriculture {Cattle Feed, is boosting the Cottonseed market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cottonseed market identified that the demand is rising in many different parts of the world as "Growing Popularity of Cottonseeds Will Likely Raise From Cooking Oil Producers". Furthermore, some recent industry insights like "In October 2019, the United States Food and Drug Administration (FDA) approved ultra-low gossypol cottonseed, ULGCS, to be utilized as human food and in animal feed. According to the FDA, this dual-purpose cotton variety developed by Texas A&M researchers has the potential to make a significant impact on nutrition security around the world. If adopted by cotton growers worldwide, this variety is capable of providing nutrition security and enhance the profitability of agriculture production. and In March 2019, the government of India lowered the sale price of Bt cotton seeds for a 450-gram packet to INR 730. The license or trait fee, charged by companies has also been slashed by almost 49 percent to INR 20. According to the government, this move can drive the industrialization of a country with enormous social-economic benefits to citizens since cottonseed has vast applications." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cottonseed market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cottonseed market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cottonseed market size is calculated using market estimation process, the Cottonseed market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cottonseed market size has been validated using both top-down and bottom-up approaches.