According to a new market report published by Lucintel, the future of the cottonseed oil market looks promising with opportunities in the retail, food processing, cosmetics, and others. The global cottonseed oil market is expected to grow with a CAGR of 3% from 2020 to 2025. The major drivers for this market are demand in food processing and other industrial processes, and growing awareness about the health benefits, and low price of cottonseed oil.
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In this market, non-genetically modified cotton, and genetically modified cotton are the major raw material types. Lucintel forecasts that genetically modified cotton will remain the largest segment over the forecast period because it is used to increase the yield of cottonseed, and thus, increase the yield of its by-products.
Within this market, food processing, retailers, cosmetics, and others are the major application of cottonseed oil. Food processing will remain the largest segment by application type over the forecast period because cottonseed oil is used in various applications and products, including bakery and confectionery, margarines, icings and whipped toppings, salad dressings, and is more importantly used as a frying and cooking oil.
Asia-Pacific is expected to witness the highest growth over the forecast period due to high production of cotton and consumption of the oil as a low-cost alternative and the consistent demand for cottonseed oil, owing to the fact that, China and India are the largest producers of cottonseed oil, due to the abundance of cottonseed production in these countries and also the surging demand for cottonseed oil.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cottonseed oil market by raw material type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Cottonseed Oil Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global cottonseed oil market by product type, distribution channel, end-users, and region as follows:
By Raw material Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Non-genetically modified cotton
Genetically modified cotton
By Distribution Channel [Value ($ Million) shipment analysis for 2014 – 2025]:
By End-Users [Value ($ Million) shipment analysis for 2014 – 2025]:
Food processing
Retailers
Cosmetics
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United Kingdom
Germany
France
Italy
Russia
China
Japan
India
Australia
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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