About Cottonseed Oil
A cooking oil extracted from the cotton plant seeds are the cottonseed oils. It is an edible oil with pale yellow color. Cottonseed Oil possess number of advantages such as hike smoke point which can be helpful in deep frying, also it is tasteless so it can take the tastes of whatever ingredients added to it.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Billion) |
CAGR | 3.8% |
Number of manufacturers of cottonseed oil are dependent on the raw material availability thus, the market is concentrated to major cotton producing APAC countries including India, and Pakistan. Out of them, many companies sell their product under variety of brand names. For instance; Adani Wilmar sells its cottonseed oil under fortune brand name.The Vendors having a strong hold in the market are Cargill, Adani Wilmar, Archer Daniels Midland, Bunge Limited. Analyst at AMA Research estimates that United States, China, and India Vendors will contribute the maximum growth to Global Cottonseed Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), Archer Daniels Midland (ADM) (United States), Bunge Limited (United States), Louis Dreyfus Company (Netherlands), PYCO Industries, Inc. (United States), N K Proteins Limited (India), Adani Wilmar (India), Gokul Refoils & Solvent (India), Icofort Agroindustrial (Brazil) and Gabani Exim Private Limited (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are HKD Cotton (Pakistan), Hartsville Oil Mill (United States), Sina (China), Shafi Cotton Ginning and Oil Mills Pvt. Ltd. (Pakistan), H.M.Industries (India), Swarna Industries Limited (India), QiaoQi Group (China), Chenguang Biotech (China), Shandong Bohi Industry (China) and COFCO Group (China).
Segmentation Overview
AMA Research has segmented the market of Global Cottonseed Oil market by Type (Crude Cottonseed Oil, Edible Cottonseed Oil and Others), Application (Household, Industrial and Others) and Region.
On the basis of application, Industrial segment is dominating the market in the year 2023 where as Household segment stood as second largest market .On the basis of geography, the market of Cottonseed Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, Pakistan, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Raw Material, the sub-segment i.e. Genetically Modified Cotton will boost the Cottonseed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. B2B will boost the Cottonseed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Bulk will boost the Cottonseed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption in Food Processing Industry and Growing Awareness of Non-GMO Ingredients
Market Growth Drivers:
Numerous Industrial as well as Household Applications and Rapid Growth in Snacks and Food Industry
Challenges:
Minimizing Side Effects and Lowering Calorie Level of Cottonseed Oil
Restraints:
High Calorie Edible Oil and Causes Allergic Reactions such as Skin Irritation, Hypotension
Opportunities:
Increasing Usage in Industrial Sector and Foods & Beverage Industry and Growth Opportunities in European Market
Market Leaders and their expansionary development strategies
In July 2023, Bunge and Chevron's Renewable Energy Group acquired Argentina's Chacraservicios, focused on Camelina Sativa oilseed, to expand their global supply chains with lower carbon renewable feedstocks, complementing the cottonseed oil market
Percent oil contents on the Principal Display Panel (PDP) are not compulsory under FDA and FDR. However, in Quebec, it is mandatory to display the percentage of each type of oil or fat of the total fat on the container or package of cooking oil under the Quebec Food Product Regulations.
Key Target Audience
Cottonseed Oil Manufacturers, Cottonseed Oil Distributors and Traders, Food and Snacks Industry Players, Agriculture Industry, Government and Non government Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.