Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Demand of Soybean Oil to Grow at a CAGR of Around 4% During the Next Five YearsBeing high in omega-3 fatty acids, polyunsaturated fats and low in saturated fats; soybean oil is considered as one of the healthiest cooking oils and currently represents the second largest edible oil consumed in the world.
By: Imarc Group Health benefits offered by soybean oil include – lowering of cholesterol levels, improving heart health, increasing immunity, preventing osteoporosis and reducing cognitive disorders. Around 83% of its global demand currently comes from the food industry. Within the food industry, most of the demand is for cooking (mostly for frying or baking) and as a condiment in salads. Apart from its uses in cooking, soybean oil also finds applications in industrial paints, lubricants, solvents, cleaners, adhesives, oleochemicals, bio-diesel, biocomposites, etc. Due to its high unsaturated fat content, it undergoes early oxidation upon exposure to air, light or moisture - which makes it suitable for printing inks and oil paint formulations. Its high lipid content and lubricating characteristics also make it a good choice for specialty fermentation and drilling applications respectively. Being low in cost, easily available and environment friendly, it is an ideal component for bio-based products. Looking forward, we expect the demand of soybean oil to grow at a CAGR of around 4% during the next five years. IMARC’s latest study “Soybean Oil Processing Plant Project Report: Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue” provides a techno-commercial roadmap for setting up a soybean oil processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the soybean oil industry. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the soybean oil industry in any manner. Key Questions Answered in This Report? What are the key success and risk factors in the soybean oil industry? How has the soybean oil market performed so far and how will it perform in the coming years? What is the structure of the soybean oil industry and who are the key players? What are the various unit operations involved in a soybean oil plant? What is the total size of land required for setting up a soybean oil plant? What are the machinery requirements for setting up a soybean oil plant? What are the raw material requirements for setting up a soybean oil plant? What are the utility requirements for setting up a soybean oil plant? What are the manpower requirements for setting up a soybean oil plant? What are the infrastructure costs for setting up a soybean oil plant? What are the capital costs for setting up a soybean oil plant? What are the operating costs for setting up a soybean oil plant? What should be the pricing mechanism of soybean oil? What will be the income and expenditures for a soybean oil plant? What is the time required to break-even? To buy the complete report or to get a free sample, please contact: IMARC Group Asia: Email: apac@imarcgroup.com Phone: +91-120-415- IMARC Group North America: Email: america@ Phone: +1-631-791-1145 IMARC Group Europe, Middle East & Africa: Email:ema@imarcgroup.com Phone: +44-702-409- To buy the complete report and know more about the feasibility of setting-up a soybean oil processing plant, please visit: http://www.imarcgroup.com/ End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|