Cottonseed Oil Market worth US$3.91 billion by 2027 at a growth rate of 3.3% - IndustryARC

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Increasing preference of the cosmetic and food industry outlook is further set to launch the demand in the cotton seed oil market.

HYDERABAD, TELANGANA, INDIA, February 8, 2023 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Cotton Seed Oil Market size is set to grow at a steady CAGR of 3.3% in the forecast period of 2021-2026 and contribute revenue of 3.91 billion by the year 2026. Cotton Seed Oil is an edible oil, extracted from the seeds of the cotton plants, mainly Gossypium Herbaceum and Gossypium hirsutum. The oil is obtained by breaking the cotton kernel and then processing it forward. Cotton Seed Oil is used in different verticals; hence its demand is cross-industrial in the oil market. Due to its quality of imbibing the taste of the food, rather than adding its own, owing to which it is widely used by the food processing industries. Apart from that, it is poised to offer various health and skin benefits to the user making it a popular cosmetic ingredient in the cosmetic industry. Increasing health awareness of the health benefits rendered by the cottonseed oil is set to lead the cotton seed oil market demand during the forecast period of 2021-2026.

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Key takeaways:

This IndustryARC report on the Cotton Seed Oil Market highlights the following areas -

1.North America dominated the cotton seed oil market in the year 2020, owing to a surge in demand in the food and beverages industry. The adoption is due to a low contribution in cholesterol and low-fat content.

2. Increasing preference of the cosmetic and food industry outlook is further set to launch the demand in the cotton seed oil market.

3. Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be Cottonseed Oil Market Report.

4. Companies operating in the cotton seed oil market will have to face stiff competition from different edible oils, and as well as companies in the cotton seed oil segment to gain a dominant market share.

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Segmental Analysis:

Cotton Seed Oil Market Segment Analysis- By Nature : By nature, the cotton seed oil market is segmented into two variants namely, conventional, and organic. Conventional cottonseed oil had the largest share amongst the two in the year 2020.

Cotton Seed Oil Market Segment Analysis- By End User : By end-user, the cottonseed oil market can be segmented into four subcategories namely, household, retail, industries, and food service provider. Industrial Demand for the cottonseed oil market made the highest contribution in the year 2020.

Cotton Seed Oil Market Segment Analysis- By Geography : By Geography, North America dominated the overall segment. It contributed to a market share of 40%, in the year 2020. The reason for the surging demand is because of the low-fat content and low cholesterol contribution to the overall food.

Competitive Landscape:

The top 5 players in the Cotton Seed Oil Industry are -

1. Adani Wilmar Ltd
2. Ruchi Soya Industries
3. Associated British Foods Plc
4. Cargill Inc
5. Archer Daniels Midland Company

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Related Reports:

A. Grape Seed Oil Market
https://www.industryarc.com/Report/17799/grape-seed-oil-market.html

B. Edible Oil Market
https://www.industryarc.com/Report/16630/edible-oil-market.html

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