Soybean Oil Market Overview
Extracted from soy, soybean oil is widely used for cooking at home and is in high demand by restaurants. This oil plays an important role in the preparation of butter and margarine. Several factors determine the world market for soybean oil that include the emulsifying power of the oil and its low caloric content. Soybean oil contains no Trans fats and insignificant saturated fats, making it a preferred choice among all other oils. The soybean market is expected to grow in the coming years as a result of increased demand for food, population growth, improvement of the retail network, rapid urbanization and increased yields of soybean crops.
Soybean Oil Market Size
Soybean Oil market size to maintain the average annual growth rate of 1.36% from USD $ 2275 million in 2013 to USD $ 2369 million in 2016, Bis Report analysts believe that in the next few years, Soybean Oil market size will be further expanded, we expect that by 2021 , The market size of the Soybean Oil will reach USD $ 2457 million.
Growth Drivers and Restraints of Soybean Oil Market
The increased awareness of consumers about the benefits of soybean oil over other edible vegetable oils has strongly motivated their demand. It is likely that consumers' health concerns will change their food preferences, which will benefit the global soybean market along with its rich source of omega-3 fatty acids and vitamin E. The abundance of rice bran oil, palm oil, sunflower oil and rapeseed limits the demand for soybean oil.
The versatility of soybean oil should become an opportunity and attract a large number of manufacturers in the food industry around the world. An increasing number of channels that facilitate the sale of soybean oil, such as department stores, hypermarkets, supermarkets and convenience stores, should also boost the market in the coming years.
In addition to its uses in cooking, soybean oil is used in lubricants, biodiesel, industrial paints, solvents, adhesives, cleaners, oleochemicals and bio-composites. As such, the demand for this oil will continue to grow and the market will grow significantly in the coming years.
Market Insights of Soybean Oil Market
The soybean oil market is segmented according to the raw materials, applications, end use and the distribution channel. In addition, the food segment is subdivided into culinary use, bakery, sandwiches, salad dressings, mayonnaise, meat and fish and others (confectionery). When analyzing the demand for soybean oil in the world market, he believes that the oil is used mainly in the food industry due to its low content of saturated fats, an important source of vitamin E and omega-6. In addition, the application of soybean oil makes the products healthier and more stable. On the other hand, the demand for soybean oil is also increasing in industries such as biodiesel, rubber, plastics, paints and coatings and for many other industrial purposes.
Geographical Segmentation in Soybean Oil Market
The global soybean oil market is segmented on the basis of geography into Asia Pacific, North America, Europe, and the Rest of the World. Asia Pacific is the leading producer of soybean oil followed by India and Japan. The U.S. is the leading producer of this oil in North America. Argentina in South America is also popular for its soybean oil production.
Detailed Segmentation of Soybean oil Market
Soybean oil Market - By Raw material
- Organic
- Conventional soybean oil
Soybean oil Market - By Application
- Food
- Cosmetics and personal care products
- Animal agriculture and others
Soybean oil Market - By Distribution Channel
- Supermarkets / hypermarkets
- Convenience stores
- Wholesalers / distributors
- Convenience stores
Soybean Oil Market – By Region
- Asia Pacific
- North America
- Europe
- Rest of the World
Key players in Soybean Oil Market include
- GKN Hoeganaes
- H.C. Starck
- Sumitomo Electric Company Ltd
- Sandvik AB
- Hitachi Chemical Company Ltd
Section 1 Soybean Oil Product Definition
Section 2 Global Soybean Oil Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Soybean Oil Shipments
2.2 Global Manufacturer Soybean Oil Business Revenue
2.3 Global Soybean Oil Market Overview
Section 3 Manufacturer Soybean Oil Business Introduction
3.1 Arkema Soybean Oil Business Introduction
3.1.1 Arkema Soybean Oil Shipments, Price, Revenue and Gross profit 2013-2016
3.1.2 Arkema Soybean Oil Business Distribution by Region
3.1.3 Arkema Interview Record
3.1.4 Arkema Soybean Oil Business Profile
3.1.5 Arkema Soybean Oil Product Specification
3.2 CHS Soybean Oil Business Introduction
3.2.1 CHS Soybean Oil Shipments, Price, Revenue and Gross profit 2013-2016
3.2.2 CHS Soybean Oil Business Distribution by Region
3.2.3 Interview Record
3.2.4 CHS Soybean Oil Business Overview
3.2.5 CHS Soybean Oil Product Specification
3.3 Galata Chemicals Soybean Oil Business Introduction
3.3.1 Galata Chemicals Soybean Oil Shipments, Price, Revenue and Gross profit 2013-2016
3.3.2 Galata Chemicals Soybean Oil Business Distribution by Region
3.3.3 Interview Record
3.3.4 Galata Chemicals Soybean Oil Business Overview
3.3.5 Galata Chemicals Soybean Oil Product Specification
3.4 The Chemical Company Soybean Oil Business Introduction
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3.5 American Chemical Service Soybean Oil Business Introduction
3.6 Makwell Plasticizers Pvt. Ltd. Soybean Oil Business Introduction
Section 4 Global Soybean Oil Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Soybean Oil Market Size and Price Analysis 2013-2016
4.1.2 Canada Soybean Oil Market Size and Price Analysis 2013-2016
4.2 South America Country
4.2.1 South America Soybean Oil Market Size and Price Analysis 2013-2016
4.3 Asia Country
4.3.1 China Soybean Oil Market Size and Price Analysis 2013-2016
4.3.2 Japan Soybean Oil Market Size and Price Analysis 2013-2016
4.3.3 India Soybean Oil Market Size and Price Analysis 2013-2016
4.3.4 Korea Soybean Oil Market Size and Price Analysis 2013-2016
4.4 Europe Country
4.4.1 Germany Soybean Oil Market Size and Price Analysis 2013-2016
4.4.2 UK Soybean Oil Market Size and Price Analysis 2013-2016
4.4.3 France Soybean Oil Market Size and Price Analysis 2013-2016
4.4.4 Italy Soybean Oil Market Size and Price Analysis 2013-2016
4.4.5 Europe Soybean Oil Market Size and Price Analysis 2013-2016
4.5 Other Country and Region
4.5.1 Middle East Soybean Oil Market Size and Price Analysis 2013-2016
4.5.2 Africa Soybean Oil Market Size and Price Analysis 2013-2016
4.5.3 GCC Soybean Oil Market Size and Price Analysis 2013-2016
4.6 Three Global Soybean Oil Market Segmentation (Region Level) Analysis 2013-2016
4.7 Global Soybean Oil Market Segmentation (Region Level) Analysis
Section 5 Global Soybean Oil Market Segmentation (Product Type Level)
5.1 Global Soybean Oil Market Segmentation (Product Type Level) Market Size 2013-2016
5.2 Different Soybean Oil Product Type Price 2013-2016
5.3 Global Soybean Oil Market Segmentation (Product Type Level) Analysis
Section 6 Global Soybean Oil Market Segmentation (Industry Level)
6.1 Global Soybean Oil Market Segmentation (Industry Level) Market Size 2013-2016
6.2 Different Industry Price 2013-2016
6.3 Global Soybean Oil Market Segmentation (Industry Level) Analysis
Section 7 Global Soybean Oil Market Segmentation (Channel Level)
7.1 Global Soybean Oil Market Segmentation (Channel Level) Sales Volume and Share 2013-2016
7.2 Global Soybean Oil Global Soybean Oil Market Segmentation (Channel Level) Analysis
Section 8 Soybean Oil Market Forecast 2017-2021
8.1 Soybean Oil Segmentation Market Forecast (Region Level)
8.2 Soybean Oil Segmentation Market Forecast (Product Type Level)
8.3 Soybean Oil Segmentation Market Forecast (Industry Level)
8.4 Soybean Oil Segmentation Market Forecast (Channel Level)
Section 9 Soybean Oil Segmentation Product Type
9.1 Product Introduction
Section 10 Soybean Oil Segmentation Industry
10.1 Medical field Clients
10.2 Food sector Clients
10.3 Industrial sector Clients
Section 11 Soybean Oil Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Figure Soybean Oil Product Picture from Arkema
Chart 2013-2016 Global Manufacturer Soybean Oil Shipments (Units)
Chart 2013-2016 Global Manufacturer Soybean Oil Shipments Share
Chart 2013-2016 Global Manufacturer Soybean Oil Business Revenue (Million USD)
Chart 2013-2016 Global Manufacturer Soybean Oil Business Revenue Share
Chart Arkema Soybean Oil Shipments, Price, Revenue and Gross profit 2013-2016
Chart Arkema Soybean Oil Business Distribution
Chart Arkema Interview Record (Partly)
Figure Arkema Soybean Oil Product Picture
Chart Arkema Soybean Oil Business Profile
Table Arkema Soybean Oil Product Specification
Chart CHS Soybean Oil Shipments, Price, Revenue and Gross profit 2013-2016
Chart CHS Soybean Oil Business Distribution
Chart CHS Interview Record (Partly)
Figure CHS Soybean Oil Product Picture
Chart CHS Soybean Oil Business Overview
Table CHS Soybean Oil Product Specification
Chart Galata Chemicals Soybean Oil Shipments, Price, Revenue and Gross profit 2013-2016
Chart Galata Chemicals Soybean Oil Business Distribution
Chart Galata Chemicals Interview Record (Partly)
Figure Galata Chemicals Soybean Oil Product Picture
Chart Galata Chemicals Soybean Oil Business Overview
Table Galata Chemicals Soybean Oil Product Specification
…
Chart United States Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart United States Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Canada Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Canada Soybean Oil Sales Price ($/Unit) 2013-2016
Chart South America Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart South America Soybean Oil Sales Price ($/Unit) 2013-2016
Chart China Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart China Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Japan Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Japan Soybean Oil Sales Price ($/Unit) 2013-2016
Chart India Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart India Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Korea Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Korea Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Germany Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Germany Soybean Oil Sales Price ($/Unit) 2013-2016
Chart UK Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart UK Soybean Oil Sales Price ($/Unit) 2013-2016
Chart France Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart France Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Italy Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Italy Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Europe Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Europe Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Middle East Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Middle East Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Africa Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart Africa Soybean Oil Sales Price ($/Unit) 2013-2016
Chart GCC Soybean Oil Sales Volume (Units) and Market Size (Million $) 2013-2016
Chart GCC Soybean Oil Sales Price ($/Unit) 2013-2016
Chart Global Soybean Oil Market Segmentation (Region Level) Sales Volume 2013-2016
Chart Global Soybean Oil Market Segmentation (Region Level) Market size 2013-2016
Chart Soybean Oil Market Segmentation (Product Type Level) Volume (Units) 2013-2016
Chart Soybean Oil Market Segmentation (Product Type Level) Market Size (Million $) 2013-2016
Chart Different Soybean Oil Product Type Price ($/Unit) 2013-2016
Chart Soybean Oil Market Segmentation (Industry Level) Market Size (Volume) 2013-2016
Chart Soybean Oil Market Segmentation (Industry Level) Market Size (Volume) 2013-2016
Chart Soybean Oil Market Segmentation (Industry Level) Market Size (Value) 2013-2016
Chart Global Soybean Oil Market Segmentation (Channel Level) Sales Volume (Units) 2013-2016
Chart Global Soybean Oil Market Segmentation (Channel Level) Share 2013-2016
Chart Soybean Oil Segmentation Market Forecast (Region Level) 2017-2021
Chart Soybean Oil Segmentation Market Forecast (Product Type Level) 2017-2021
Chart Soybean Oil Segmentation Market Forecast (Industry Level) 2017-2021
Chart Soybean Oil Segmentation Market Forecast (Channel Level) 2017-2021
Chart Product Figure
Chart Product Advantage and Disadvantage Comparison
Chart Medical field Clients
Chart Food sector Clients
Chart Industrial sector Clients