Soybean oil currently represents the second most important vegetable oil in the world accounting for nearly one-fifth of the global consumption of edible oils. A well balanced oil with low saturated and high polyunsaturated fats, soybean oil is a good source of phytosterols, vitamin E and omega-3 and omega-6 fatty acids. Besides being highly nutritious, it also offers innumerable health perks. It lowers cholesterol levels, improves heart health, boosts immunity, prevents osteoporosis and reduces cognitive disorders.
New York, NY -- (SBWIRE) -- 04/26/2017 -- According to a new report by Expert Market Research, the global soybean oil market reached a production volume of 47.1 Million Tons in 2016. The market is presently gaining impetus due to a number of factors such as rising global population, growing health consciousness among the consumers and growing food industry. Low cost, easy availability and eco-friendly nature of soybean oil has further facilitated its use in various sectors such as food, industrial and feed.
Key findings from the report:
Major end-use sectors of soybean oil are the food, industrial and feed sectors.
Considered as one of the healthiest cooking oils, the majority of the soybean oil is used by the food sector for cooking and as a condiment in salads. In the industrial sector, it is used in the production of adhesives, insecticides, candles, waxes, printing inks, coatings, lubricants, pharmaceutical products, hydraulic fluids, plastics and speciality products. In the feed sector, soybean oil adds to the energy density of the feed and improves feed utilisation efficiency.
Country-wise, China represented both the largest producer and consumer of soybean oil. Other major markets include the United States, Brazil, Argentina, EU -27, India, Mexico and others.
The global soybean oil market is surrounded by a number of global and national players. The global players use their influence of large-scale production, trading and marketing to their advantage. Some of the key players operating in the market include Bunge, ADM Cargill, Ag Processing Inc., CHS, etc.
Request free sample copy of report: http://www.expertmarketresearch.com/request?type=report&id=49&flag=B
Expert Market Research has analyzed the global soybean oil market according to end-use, key countries and major players:
Market breakup by End-Use
Food
Industrial
Feed
Breakup by Country
China
The United States
Brazil
Argentina
EU -27
India
Mexico
Other
Top Players
Bunge
ADM
Cargill
Ag Processing Inc.
CHS
Others
Browse summary of the report with table of contents: http://www.expertmarketresearch.com/reports/soybean-oil-market
About Expert Market Research (EMR)
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client's requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.