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Global Cottonseed Oil Market Size, Share, Growth, Trend, Analysis, and Forecast to 2030

Published on by micgoode

The global cottonseed oil market is predicted to be worth USD 5.12 billion in 2022 and USD 6.87 billion by 2030, with a compound annual growth rate (CAGR) of 3.75% between 2023 and 2030.

Cotton plants of several varieties are farmed for cotton fiber, animal feed, and oil, most notably Gossypium hirsutum and Gossypium herbaceum. Cottonseed oil is an edible oil obtained from cotton plant seeds.

Cottonseed Oil Market: Overview

Cottonseed oil is a type of vegetable oil derived from the seeds of the cotton plant, which is recognized as a species of the genus Gossypium scientifically. Cotton is grown primarily for its fiber, but its seeds contain oil that can be extracted and economically exploited through chemical or mechanical processes. This oil is recoverable and commercially viable. Cottonseed kernels must be delinted before oil can be produced from them. The fiber-containing portion of the seed is extracted at this step. Following that, the leftover kernels are either solvent extracted or mechanically pressed to produce the oil, which has a wide range of applications, particularly in the production of food or culinary goods.

Cottonseed Oil Market: Growth Drivers

Cottonseed oil is expected to become more popular as more people learn about its health benefits.

The global market for cottonseed oil is predicted to expand due to greater consumer knowledge of the health benefits of using cottonseed oil. This type of oil is particularly popular among health-conscious consumers due to its low cholesterol content. High cholesterol levels are commonly acknowledged to have a negative impact on both heart and brain function. This is due to the fact that high cholesterol levels generate fat deposits in blood arteries, which might result in a stroke or heart attack. As people become more aware of the necessity of eating well and keeping a healthy diet, there has been a considerable increase in demand for improved versions of regularly used food commodities such as oil. According to new data from the Centres for Disease Control and Prevention (CDC), nearly 25 million Americans had total cholesterol levels greater than 240 mg/dL.

Cottonseed Oil Market: Segmentation

The cottonseed oil market may be classified into several categories on a worldwide scale, including packaging, end-user, type, raw material, and region.

The global market can be divided into two categories based on packaging: retail and bulk. In 2022, the retail industry was chosen to have the greatest CAGR. This is the practice of selling products in smaller sizes so that they can be enjoyed more easily and pleasantly inside the confines of a dwelling. Cottonseed oil is sold at retail stores in cans, bottles, and other user-friendly packaging. They are sold in a variety of locations, including supermarkets, grocery stores, specialized food stores, internet platforms, and convenience stores. It also contains branding, usage directions, nutritional information, and other elements designed to attract new customers. Bulk packaging, on the other hand, is more concerned with the bottom line. Bulk oil is delivered in bigger quantities that are pre-packaged in tanker trucks, drums, and a variety of other high-volume storage containers. Cotton production exceeds 25 million metric tonnes per year.

Cottonseed Oil Market: Regional Analysis

Asia-Pacific will grow at the fastest rate.

Asia-Pacific is predicted to lead the global cottonseed oil market during the forecast period. This is primarily due to extensive cotton growing in countries such as India, China, and Pakistan, among others. India is presently one of the world’s leading producers of high-quality cotton, as well as a prominent exporter on the global market. Furthermore, in 2013, India overtook the United States as a major producer of cottonseed oil. In addition to a well-established domestic market, the majority of its cottonseed oil is exported to France, Germany, and South Korea. The oil is widely used in both home cooking and a variety of food and restaurant service units.

Cottonseed Oil Market: Competitive Analysis
The global cottonseed oil market is led by players like:

Cargill Inc.
Archer Daniels Midland Company (ADM)
Bunge Limited
Wilmar International Ltd.
Louis Dreyfus Company
Marico Limited
Richardson International Limited
J-Oil Mills Inc.
Savola Group
Shafi Cotton Ginning and Oil Mills
Pyramid Oil Mills
Agarwal Industries Pvt. Ltd.
Gokul Refoils and Solvent Ltd.
Vimal Oil & Foods Ltd.
Ruchi Soya Industries Ltd.
Adani Wilmar Limited

Ajinomoto Co. Inc.

The global cottonseed oil market is segmented as follows:

By Packaging

Retail
Bulk
By End-User

Food Service Providers
Industrial
Retail
Households
By Type

Conventional
Organic
By Raw Material

Non-Genetically Modified Cotton
Genetically Modified Cotton
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa