Posted on 06 Dec 2018
Soybean oil currently represents the second most important vegetable oil in the world accounting for nearly one-fifth of the global consumption of edible oils. A well balanced oil with low saturated and high polyunsaturated fats, soybean oil is a good source of phytosterols, vitamin E and omega-3 and omega-6 fatty acids. Besides being highly nutritious, it also offers innumerable health perks. It lowers cholesterol levels, improves heart health, boosts immunity, prevents osteoporosis and reduces cognitive disorders.
According to a new report by Expert Market Research, the global soybean oil market reached a production volume of 48.7 Million Tons in 2018. The market is presently gaining impetus due to a number of factors such as rising global population, growing health consciousness among the consumers and growing food industry. Low cost, easy availability and eco-friendly nature of soybean oil has further facilitated its use in various sectors such as food, industrial and feed.
Key findings from the report:
Expert Market Research has analyzed the global soybean oil market according to end-use, key countries and major players:
Market breakup by End-Use
Breakup by Country
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