Cottonseed oil is extracted from the seeds various species of cotton. There are many inherent advantages of cottonseed oil that have made it popular all across the world. Some of the advantages of using cottonseed oil are that it has a high smoke point and therefore can be used for deep frying and cooking where high temperature is required. Cottonseed oil is neutral in taste and can acquire the taste of whatever ingredient it is added to. This makes using cottonseed oil beneficial as it does not mask the flavor of the ingredients in the food and thus the flavor of the food doesn’t change. Due to the presence of high amounts of tocopherols in it, the shelf life of food containing cottonseed oil is quite long. One of the other distinct advantages of using cottonseed oil is that it is cheaper than other organic oils like canola oil or olive oil. Besides, cottonseed oil contains adequate amount of saturated fatty acids, making it a much more stable cooking oil. Cottonseed oil is also healthy for the heart as it contains many unsaturated fatty acids. Also, cottonseed oil is a much healthier option than other oils because it doesn’t need to go through the process of hydrogenation, hence there is no cholesterol in it.
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4 Forecast Highlights on Global Cottonseed Oil Market
1) As per the forecast of Fact.MR, the virgin cottonseed oil segment is slated to touch a value of US$ 855.2 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The virgin cottonseed oil segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to lose market share by the year 2022 end.
2) As per the forecast of Fact.MR, the food processor cottonseed oil segment will reach a value of US$ 587.9 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The food processor cottonseed oil segment is estimated to account for more than one-fourth of the revenue share of the end user segment in the year 2017 end and is expected to lose market share by the end of the year 2022.
3) As per the forecast of Fact.MR, the modern trade segment is slated to reach a value of US$ 983.4 Mn in 2022. The modern trade segment is expected to lose some market share by the end of the year 2022. The largest share is contributed by the Europe region in the modern trade segment.
4) Fact.MR forecasts that the online segment will exhibit a CAGR of 4.2% from 2017 to 2022. Online segment is estimated to account for nearly one-fourth of the revenue share of the distribution channel segment by 2017 end and is expected to gain market share by the end of the year 2022.
The Processed Oil Segment Poised to Touch a Value of US$ 1,919.2 Mn in 2022
As per the forecast of Fact.MR, the processed oil segment is expected to reach a value of US$ 1,919.2 Mn in the year 2022. This represents a moderate CAGR during the forecast period of 2017-2022. The processed oil segment is expected to account for more than two-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.
Food Service Segment to exhibit a CAGR of 4% During the Assessment Period
As per the forecast of Fact.MR, the food service segment is slated to touch a figure of US$ 1,080.3 Mn in the year 2022. This represents a CAGR of 4% during the assessment period from 2017 till the year 2022. This segment is expected to possess nearly same market share by the end of the year 2022. The food service segment is expected to account for more than one-third of the revenue share of the end-user segment by the year 2017.
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Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global cottonseed oil market through 2022, which include The Adani Wilmar Ltd, Ruchi Soya Industries Limited, Associated British Foods plc, Cargill Inc, Archer Daniels Midland Company, Bunge Limited, Adams Group Inc., American Vegetable Oils, Inc., Grief Inc. (Olympic Oils Limited), Borges International Group S.L.U, Marico Limited, Fuji Oil Holdings Inc. and Louis Dreyfus Company.
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