Cotton Seed Market Highlighting Lucrative Avenues Across Major Geographies durin
Posted by Arslan on February 4th, 2019
Widely used as a cooking oil in most parts of the world, the market for cottonseed oil is expanding steadily. There are various reasons to the popularity of cottonseed oil, and the chief reason among them is that cottonseed oil is relatively cheaper oil as compared with other organic oils like olive oil or canola oil. Besides this, cottonseed oil is a healthy choice of cooking medium since it is good for the heart, doesn’t contain cholesterol and doesn’t have to go through the process of hydrogenation.
In addition, the food that is cooked in cottonseed oil has a longer shelf life, and hence is a preferred medium of cooking. Also, cottonseed oil has a good amount of antioxidants in it, therefore it is healthy to consume. Cottonseed oil is used on a large scale in food and beverage products, due to which its consumption is soaring all over the world.
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.
Browse Full Report on Cotton Seed Market with TOC-
Europe Market is Forecasted to Dominate the Global Cottonseed Oil Market in Terms of Revenue
The market in Europe is set to dominate the global cottonseed oil market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe cottonseed oil market is the most attractive market, growing at a robust CAGR over the assessment period.
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.
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About the AuthorArslan
Joined: December 18th, 2017
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