Global Castor Oil Market Growth 2025-2031

The global Castor Oil market size is predicted to grow from US$ 1370 million in 2025 to US$ 1627 million in 2031; it is expected to grow at a CAGR of 2.9% from 2025 to 2031.

Castor oil is is a pale yellow vegetable oil that is extracted from castor seeds. Castor oil is mainly used in preservative, medicine, lubrication etc.



Currently, India is the largest producer of castor seeds and accounts for over 80% of the global production, followed by China and Brazil.

The major players in global Castor Oil market include NK Proteins, Gokul Overseas, Jayant Agro Organics, Adani Group, etc. The top 4 players occupy about 30% shares of the global market. India and China are main markets, they occupy over 80% of the global market. Pharmaceutical/Cosmetic Grade is the main type, with a share about 70%.

LP Information, Inc. (LPI) ' newest research report, the “Castor Oil Industry Forecast” looks at past sales and reviews total world Castor Oil sales in 2024, providing a comprehensive analysis by region and market sector of projected Castor Oil sales for 2025 through 2031. With Castor Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Castor Oil industry.

This Insight Report provides a comprehensive analysis of the global Castor Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Castor Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Castor Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Castor Oil and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Castor Oil.

This report presents a comprehensive overview, market shares, and growth opportunities of Castor Oil market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Food Grade
Pharmaceutical/Cosmetic Grade
Industry Grade

Segmentation by Application:
Food Industry
Pharmaceuticals and Cosmetics Industry
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NK Proteins
Jayant Agro Organics
Ambuja
Adani Group
RPK Agrotech
Gokul Overseas
Kanak
Adya Oil
Taj Agro Products
Girnar Industries
Bom Brazil
Kisan
Thai Castor Oil
ITOH Oil Chemicals
Tongliao TongHua
Tongliao Weiyu
Tianxing
Kanghui
Huanghe Youzhi
Xingtai Lantian
Hewei

Key Questions Addressed in this Report

What is the 10-year outlook for the global Castor Oil market?

What factors are driving Castor Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Castor Oil market opportunities vary by end market size?

How does Castor Oil break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.