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- Usage: Soybean Seeds Soybean Oil
- Type: Soybean Oil Extraction Machine
- Production Capacity: >=3.5TPD
- Voltage: 220V/380V
- Dimension(L*W*H): 1790*1520*1915
- Weight: 1023 KG
- Oil type: Soybean Oil
- Product name: YZLXQ10(95) Soybean Oil Making Machine Fully Automatic Soybean Oil Mill
- Color: can be customized
- Capacity: 145kgs/h
- Raw material: Soybean Seeds
- oil content of dry cakes: <=7.8%
- spiral axes rotate speed(r/min): 32-40
- Advantage: Simple Operation/high efficiency
- Application: Screw Oil Expeller
- Material: Carbon Steel Q235
- Company character: manufacturer with export right
Soybean Oil Market Size, Share & Trends Forecast to 2032
The global soybean oil market attained a volume of 60.45 MMT in 2023 driven by increasing health awareness and rising demand from the developing regions. Aided by the rising demand from non-food sectors like biodiesel, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 1.4%.
Soybeans, soybean cakes (SBC) and soybean meals (SBM) average composition values have been reported by several authors ( Table 1 ). Overall, soybean oil content is low compared to other oilseeds (15.5–24.7% DW), while the protein content is high (32–43.6% DW). In fact, soybean is grown mainly to satisfy animal feed protein requirements
India Soybean Oil Market (2024-2030) | Trends, Outlook & Forecast
India Soybean Oil Market registered a growth of 28.31% in value shipments in 2022 as compared to 2021 and an increase of 9.55% CAGR in 2022 over a period of 2017. In Soybean Oil Market India is becoming more competitive as the HHI index in 2022 was 3395 while in 2017 it was 6557. Herfindahl Index measures the competitiveness of exporting countries.
In 2 018, roughly 398 million tons of soybeans were produc ed world wide w hich a ccounted. for 61 % o f overall oilseed pr oduction and 6% of the world ’ s arable land use [1–3 ]. The U nited
India Soybean Oil Market - IMARC Group
The India soybean oil market size is expected to exhibit a growth rate (CAGR) of 5.24% during 2024-2032. Soybean oil refers to a yellowish vegetable oil that is naturally extracted from the seeds of soybean. Soybean oil currently represents the second most consumed edible in India after palm oil.
Moreover, trade body Solvent Extractors' Association of India (SEA) said in a release on Sept. 14 that India is set to record import of over 16 million-16.5 million mt of vegetable oil during current year. India's vegetable oil purchase in August were already up 33% on the year, with soybean oil buying up by over 46% at 357,890 mt.
Flowchart of Process for Soybean Oil Production | Soybean Oil Screw Press
Leading manufacturer of Oil Screw Press. News and Events; Soybean Oil Manufacturing Industrial Area-A, Ludhiana-141003. (Punjab) INDIA. Our Products. Oil
Chart and table showing historical data - India Soybean Oil Production by Year (1000 MT)
- Where does India import soybean oil?
- Imports In 2022, India imported $6.49B in Soybean Oil, becoming the 1st largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 15th most imported product in India. India imports Soybean Oil primarily from: Argentina ($3.1B), Brazil ($2.36B), United States ($214M), Nepal ($180M), and Switzerland ($148M).
- Is India soybean oil market becoming more competitive in 2022?
- India Soybean Oil Market registered a growth of 28.31% in value shipments in 2022 as compared to 2021 and an increase of 9.55% CAGR in 2022 over a period of 2017. In Soybean Oil Market India is becoming more competitive as the HHI index in 2022 was 3395 while in 2017 it was 6557. Herfindahl Index measures the competitiveness of exporting countries.
- Which countries import soybean oil?
- The fastest growing export markets for Soybean Oil of India between 2021 and 2022 were Jordan ($9.59M), Australia ($838k), and Angola ($643k). Imports In 2022, India imported $6.49B in Soybean Oil, becoming the 1st largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 15th most imported product in India.
- How has India soybean oil market adapted?
- The market adapted by promoting online sales and emphasizing product safety and hygiene. The India soybean oil market includes major edible oil manufacturers and processors. Key players in this market include Bunge India Private Limited, Ruchi Soya Industries Limited, Adani Wilmar Limited, and Cargill India Pvt. Ltd.