Soy Oil & Palm Oil Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Report Description
Soy oil or soybean oil is a vegetable oil extracted from the seeds of the soybean. Palm oil is an edible vegetable oil derived from the reddish pulp of the fruit of the oil palms. Food industry is the major consumer of soy oil. Apart from food industry, soy oil has application in resin & plastic, biofuels, paint & varnish, production of fatty acids, and other non-food uses such as drying oil.
Market Dynamics
Palm oil segment is gaining significant traction in the market, owing to increasing demand for palm oil in food industry. Palm oil has major application in food industry as cooking/frying oil, shortenings, margarine, and confectionary fats.
Asia Pacific held a significant market share in 2021. The production of soy oil and palm oil is expected to increase over the forecast period, attributed to growing food and biofuel industry. For instance, from September 2018, Indonesia has made compulsory palm oil derived biofuel blend in all vehicles and heavy machinery. Other countries such as China, Japan, India, Australia, New Zealand, and Malaysia are also drafting policies for biofuel mix in vehicle.
Key features of the study:
This report provides in-depth analysis of soy oil & palm oil and provides market size (US$ Million & Million Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global soy oil & palm oil market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes, Cargill, Inc., PT Astra Agro Lestari Tbk, Wilmar International Ltd, Malaysian Palm Oil Council (MPOC), Carotino Sdn Bhd, Yee Lee Corporation Bhd, IOI Corporation Berhad, Archer Daniels Midland Company, DowDuPont Inc., Guangxi Long'an Ruifeng Induetrial & Trading Co., Ltd among others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global soy oil & palm oil market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the soy oil & palm oil market
Detailed Segmentation:
Global Soy Oil & Palm Oil Market, By Source:
Organic
Conventional
Global Soy Oil & Palm Oil Market, By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
Global Soy Oil & Palm Oil Market, By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Global Soy Oil & Palm Oil Market, By Geography:
North America
U.S.
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Canada
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Europe
U.K.
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Germany
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Italy
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
France
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Russia
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Rest of Europe
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Asia Pacific
China
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
India
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Japan
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
ASEAN
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Australia
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
South Korea
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Rest of Asia Pacific
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Latin America
Brazil
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Mexico
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Rest of Latin America
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Middle East
GCC
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Israel
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Rest of Middle East
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Africa
Northern Africa
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Central Africa
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
South Africa
By Source:
Organic
Conventional
By Product type:
Palm Oil
Palm Kernel Oil
Soy Oil
Refined Soy Oil
By Application:
Food
Feedstuff
Personal Care and Cosmetics
Biofuel
Pharmaceutical
Others
Company Profiles
Cargill, Inc. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
PT Astra Agro Lestari Tbk
Wilmar International Ltd
Malaysian Palm Oil Council (MPOC)
Carotino Sdn Bhd
Yee Lee Corporation Bhd
IOI Corporation Berhad
Archer Daniels Midland Company
Bunge Limited
DowDuPont Inc.
Guangxi Long'an Ruifeng Induetrial & Trading Co., Ltd
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook