The cottonseed oil is extracted from cotton seeds and is an essential by-product of the cotton sector. It is processed through various methods such as bleaching, alkali refining, hydrogenation, winterization, etc. The product refining is an important stage as cottonseed comprises gossypol, which is a toxic component and cannot be digested by non-ruminant animals. Its saturated fat content and cholesterol are very low, which helps in lessening the risk of heart ailments. Cottonseed oil is used in detergents and cosmetics as well.
Global cottonseed oil market size is foreseen to be fueled by the product demand in industrial processes including food processing. Rising awareness about the medical advantages of the product will additionally increase the business within the forecast period. The global cottonseed oil market is deemed to develop at a consistent rate as cottonseed oil is utilized in preparing numerous food and drink items. It has a neutral flavor and is said to improve the regular taste of food items where they are utilized. As a result, they are utilized widely for baking and frying purposes. Icings, whipped toppings, spicy foods, mayonnaise, oriental & stir-fried dishes, baked products, cereals, French fries, and salads are among the leading food items that will bolster the global cottonseed oil market. The growing cooking oil sector with numerous substitutes like almond oil, olive oil, sunflower oil, and so on will probably hinder the global cottonseed oil market growth.
The global cottonseed oil market is broadly classified into product type, application, raw materials, end-user, and region. On the basis of product type, the global market is segmented into transgenic cottonseed oil, leaching cottonseed oil, squeeze cottonseed oil, and others. In terms of application, the market is segregated into commercial and household. On the basis of raw materials, the market is bifurcated into non-genetically modified cotton and genetically modified cotton. Based on end-users, the global cottonseed oil market is categorized into food processing, cosmetics, retail, and other applications.
Based on geography, Asia Pacific region is likely to lead the global cottonseed oil market within the forecast period. This is attributed to increased consumption of cottonseed oil in terms of affordable alternatives and increase production in the region. India and China are the major producers and the leading nations in the above-mentioned region. In addition, North America is foreseen to trail the Asia Pacific region due to the rising popularity of the product since a few years. In this region, the US is the leading nation owning to the presence of various companies.
The leading players in the global cottonseed oil market include Louis Dreyfus, Archer Daniels Midland Company, Asha Cotton Industries, Matangi Cotton Industries, Oil Seeds International Ltd, Swarna Industries Limited, Pyco Industries, Adani Wilmar, Cargill Incorporated, Maharashtra Solvent Extraction Ltd, Gokul Refoils & Solvent Ltd, Gelivi Group of Industries, Willmar International Ltd., Alice Cottonseed Oil Mill, and others. The governments of several countries are adjusting the import duties on vegetable oil and crude oil, includes cottonseed oil, groundnut oil, etc. stirring the market growth.
Having a Master’s Degree in Brewing Technology and overall experience of 6 years in the field of writing, Jerri has been one of the most workaholic and dedicated team members of thefoodbeveragenews.com portal. She has been a part of this portal for 4 years now. Jerri started a career in writing with freelancing and the journey has been worth watching and appraising. She handles the Beverage Industry domain of the portal and along with her team provides all the vital and up-to-the-minute news and reports to the readers in a simple and comprehensible manner.