Soybean Oil Market

The global soybean oil market reached a volume of 49.7 Million Tons in 2018, registering a CAGR of 1.9% during 2011-2018. The market is projected to reach a volume of 56.6 Million Tons by 2024, growing at a CAGR of 1.8% during 2019-2024. Soybean oil refers to a clear yellow vegetable oil which is extracted from the seeds of soybean. It is a rich source of essential nutrients like vitamins, proteins, fatty acids and plant sterols. As a result, soybean oil helps in improving immunity, preventing osteoporosis, managing heart health, boosting skin and eye health, lowering cholesterol levels, and reducing the threat of cognitive disorders. Over the years, soybean oil has become a preferred choice for cooking in households and restaurants due to its neutral taste, high smoke point and negligible saturated fat content.

Global Soybean Oil Market Drivers:

• One of the major factors driving the demand for soybean oil worldwide is its affordable price. Soybean oil is relatively less expensive than most other edible oils such as olive oil, canola oil, coconut oil, and groundnut oil. As a result, it is immensely popular in price sensitive markets, particularly in the developing regions.
• Nowadays, consumers who suffer from health-conditions like obesity, high cholesterol and cardiovascular diseases are incorporating soybean oil in their food. Increasing health-consciousness has created a shift from ready-to-eat (RTE) products to home cooked items which is further catalyzing the growth of the soybean oil market.
• Apart from its health benefits, soybean oil has various functional properties on account of which it is employed in several food and non-food applications. In the food industry, soybean oil is used in the preparation of sauces, dressings, margarine, shortening, mayonnaise, potato chips, non-dairy creamers and whipped toppings. On the other hand, in the non-food industry, soybean oil is utilized for manufacturing resins, caulks, mastics, plastics, biodiesel, insecticides and animal feed.
• Soybean oil is produced in countries ranging from China to the United States. As a result of its wide availability, coupled with its relatively low price, soybean oil represents a sustainable replacement for petrochemicals and known carcinogens in various industrial applications.
   

Breakup by End-Use:

Based on end-use, the report finds that food currently represents the largest end-use segment of soybean oil, followed by industrial usage and animal feed. Soybean oil is mostly used for frying, baking and as a condiment in salads.

Regional Insights:

On a geographical front, China enjoys the leading position in the global soybean oil market on account of the constantly increasing population in the region. It is extensively used in the preparation of dishes like tofu, miso, tempeh, poached fish, deep-fried pork ribs, etc. China is followed by the United States, Brazil, Argentina, Europe and India.

Competitive Landscape:

The competitive structure of the soybean oil market has also been analyzed and has been found to be concentrated in nature. Some of the largest players operating in the market include:

• ADM
• Bunge
• Cargill
• Louis Dreyfus
• Wilmar

This report provides a deep insight into the global soybean oil industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a soybean oil manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the soybean oil industry in any manner.

Key Questions Answered in This Report:

• How has the global soybean oil market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global soybean oil market?
• What are the major end-use segments in the global soybean oil market?
• What are the price trends of soybean oil?
• What are the various stages in the value chain of the global soybean oil market?
• What are the key driving factors and challenges in the global soybean oil market?
• What is the structure of the global soybean oil market and who are the key players?
• What is the degree of competition in the global soybean oil market?
• What are the profit margins in the global soybean oil market?
• What are the key requirements for setting up a soybean oil manufacturing plant?
• How is soybean oil manufactured?
• What are the various unit operations involved in a soybean oil manufacturing plant?
• What is the total size of land required for setting up a soybean oil manufacturing plant?
• What are the machinery requirements for setting up a soybean oil manufacturing plant?
• What are the raw material requirements for setting up a soybean oil manufacturing plant?
• What are the packaging requirements for soybean oil?
• What are the transportation requirements for soybean oil?
• What are the utility requirements for setting up a soybean oil manufacturing plant?
• What are the manpower requirements for setting up a soybean oil manufacturing plant?
• What are the infrastructure costs for setting up a soybean oil manufacturing plant?
• What are the capital costs for setting up a soybean oil manufacturing plant?
• What are the operating costs for setting up a soybean oil `manufacturing plant?
• What will be the income and expenditures for a soybean oil manufacturing plant?
• What is the time required to break-even?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Soybean Industry
    5.1    Market Performance
        5.1.1     Volume Trends
        5.1.2     Value Trends
    5.2    Market by End-Use
    5.3    Market by Region
    5.4    Market Forecast 
6   Global Edible Oil Industry
    6.1    Market Performance
    6.2    Market by Region
    6.3    Market by Oil Type
    6.4    Market Forecast 
7   Global Soybean Oil Industry
    7.1    Market Overview
    7.2    Market Performance
    7.3    Price Analysis
        7.3.1    Key Price Indicators
        7.3.2    Price Structure
        7.3.3    Price Trends
    7.4    Market Breakup by Region
    7.5    Market Breakup by End Use
    7.6    Market Forecast
    7.7    SWOT Analysis
        7.7.1    Overview
        7.7.2    Strengths
        7.7.3    Weaknesses
        7.7.4    Opportunities
        7.7.5    Threats
    7.8    Value Chain Analysis
        7.8.1    Raw Material Procurement
        7.8.2    Manufacturing
        7.8.3    Marketing
        7.8.4    Distribution
        7.8.5    Exports
        7.8.6    End-Use
    7.9    Porter’s Five Forces Analysis
        7.9.1    Overview
        7.9.2    Bargaining Power of Buyers
        7.9.3    Bargaining Power of Suppliers
        7.9.4    Degree of Competition
        7.9.5    Threat of New Entrants
        7.9.6    Threat of Substitutes
    7.10    Key Market Drivers and Success Factors
8   Market Performance by End-Use
    8.1    Food
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Industrial
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Feed
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Performance of Key Regions
    9.1    China
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    United States
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Brazil
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Europe
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Argentina
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    India
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Forecast
10  Competitive Landscape
    10.1    Market Structure
    10.2    Key Players
11  Soybean Oil Processing
    11.1    Product Overview
    11.2    Detailed Process Flow
    11.3    Various Types of Unit Operations Involved
    11.4    Mass Balance and Raw Material Requirements
12  Project Details, Requirements and Costs Involved
    12.1    Land Requirements and Expenditures
    12.2    Construction Requirements and Expenditures
    12.3    Plant Layout
    12.4    Plant Machinery
    12.5    Machinery Pictures
    12.6    Raw Material Requirements and Expenditures
    12.7    Raw Material and Final Product Pictures
    12.8    Packaging Requirements and Expenditures
    12.9    Transportation Requirements and Expenditures
    12.10    Utility Requirements and Expenditures
    12.11    Manpower Requirements and Expenditures
    12.12    Other Capital Investments
13  Loans and Financial Assistance
14  Project Economics
    14.1    Capital Cost of the Project
    14.2    Techno-Economic Parameters
    14.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    14.4    Taxation and Depreciation
    14.5    Income Projections
    14.6    Expenditure Projections
    14.7    Financial Analysis
    14.8    Profit Analysis
15  Key Player Profiles
    15.1     ADM
    15.2     Bunge
    15.3     Cargill
    15.4     Louis Dreyfus
    15.5     Wilmar
 
 
List of Figures

Figure 1: Global: Soybean Oil Market: Major Drivers and Challenges
Figure 2: Global: Soybean Market: Production & Consumption (in Million Tons), 2011 - 2018
Figure 3: Global: Soybean Market Production: Breakup by Region (%), 2018
Figure 4: Global: Soybean Market Consumption: Breakup by Region (%), 2018
Figure 5: Global: Soybean Market Consumption: Breakup by End-Use (%), 2018
Figure 6: Global: Soybean Market Forecast: Production & Consumption (in Million Tons), 2019-2024
Figure 7: Global: Edible Oil Market: Production & Consumption (in Million Tons), 2011 - 2018
Figure 8: Global: Edible Oil Market Consumption: Breakup by Oil Type (%), 2018
Figure 9: Global: Soybean Oil Market: Production Volume Trends (in Million Tons), 2011 - 2018
Figure 10: Global: Soybean Oil Market: Consumption Volume Trends (in Million Tons), 2011 - 2018
Figure 11: Global: Soybean Oil Market: Production Value Trends (in Billion US$), 2011 - 2018
Figure 12: Global: Soybean Oil Market: Consumption Value Trends (in Billion US$), 2011 - 2018
Figure 13: Global: Soybean Oil Market: Average Prices (in US$/Ton), 2011-2024
Figure 14: Global: Soybean Oil Market: Breakup by Region (in %), 2018
Figure 15: Global: Soybean Oil Market: Breakup by End Use (in %), 2018
Figure 16: Global: Soybean Oil Market Forecast: Consumption Volume Trends (in Million Tons), 2019- 2024
Figure 17: Global: Soybean Oil Market Forecast: Consumption Value Trends (in Billion US$), 2019- 2024
Figure 18: Global: Soybean Oil Industry: SWOT Analysis
Figure 19: Global: Soybean Oil Industry: Value Chain Analysis
Figure 20: Global: Soybean Oil Industry: Porter’s Five Forces Analysis
Figure 21: China: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 22: China: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 23: United States: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 24: United States: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 25: Brazil: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 26: Brazil: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 27: Europe: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 28: Europe: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 29: Argentina: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 30: Argentina: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 31: India: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 32: India: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 33: Others: Soybean Oil Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 34: Others: Soybean Oil Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 35: Global: Soybean Oil (Food) Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 36: Global: Soybean Oil (Food) Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 37: Global: Soybean Oil (Industrial) Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 38: Global: Soybean Oil (Industrial) Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 39: Global: Soybean Oil (Feed) Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 40: Global: Soybean Oil (Feed) Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 41: Global: Soybean Oil (Other End-Uses) Market: Volume Trends (in Million Tons), 2011 & 2018
Figure 42: Global: Soybean Oil (Other End-Uses) Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 43: Soybean Oil Processing: Detailed Process Flow
Figure 44: Soybean Oil Processing: Conversion Rate of Products
Figure 45: Soybean Oil Processing: Proposed Plant Layout
Figure 46: Soybean Oil Processing: Breakup of Capital Costs (in %)
Figure 47: Soybean Oil Industry: Profit Margins at Various Levels of the Supply Chain
Figure 48: Soybean Oil Processing: Manufacturing Cost Breakup (in %)

List of Tables

Table 1: Global: Soybean Oil Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Soybean Oil Market Forecast: Breakup by End-Use (in Million US$),2011 - 2018
Table 3: Global: Soybean Oil Market Forecast: Breakup by Region (in Million US$), 2011 - 2018
Table 4: Global: Soybean Oil Market: Competitive Structure
Table 5: Global: Soybean Oil Market: Key Players
Table 6: Soybean Oil Processing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Soybean Oil Processing Plant: Costs Related to Civil Works (in US$)
Table 8: Soybean Oil Processing Plant: Machinery Costs (in US$)
Table 9: Soybean Oil Processing Plant: Raw Material Requirements
Table 10: Soybean Oil Processing Plant: Costs Related to Salaries and Wages (in US$)
Table 11: Soybean Oil Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 12: Soybean Oil Processing Plant: Details of Financial Assistance Offered by Financial Institutions
Table 13: Soybean Oil Processing Plant: Capital Costs (in US$)
Table 14: Soybean Oil Processing Plant: Techno-Economic Parameters
Table 15: Soybean Oil Processing Plant: Taxation and Depreciation
Table 16: Soybean Oil Processing Plant: Income Projections (in US$)
Table 17: Soybean Oil Processing Plant: Expenditure Projections (in US$)
Table 18: Soybean Oil Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 19: Soybean Oil Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 20: Soybean Oil Processing Plant: Profit and Loss Account