Soybean Oil Market Report, Trends and Forecasts 2017 To 2022
According to a new report by Expert Market Research, the global soybean oil market reached a production volume of 47.1 Million Tons in 2016. 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.
According to a new report by Expert Market Research, the global soybean oil market reached a production volume of 47.1 Million Tons in 2016. 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.
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REPORT DESCRIPTION<br />
Global <strong>Soybean</strong> <strong>Oil</strong> <strong>Market</strong> Reached a Volume of 47.1 Million <strong>To</strong>ns in 2016<br />
<strong>Soybean</strong> oil currently represents the second most important vegetable oil in the world accounting for<br />
nearly one-fifth of the global consumption of edible oils. A well balanced oil with low saturated <strong>and</strong><br />
high polyunsaturated fats, soybean oil is a good source of phytosterols, vitamin E <strong>and</strong> omega-3 <strong>and</strong><br />
omega-6 fatty acids. Besides being highly nutritious, it also offers innumerable health perks. It lowers<br />
cholesterol levels, improves heart health, boosts immunity, prevents osteoporosis <strong>and</strong> reduces<br />
cognitive disorders.<br />
According to a new report by Expert <strong>Market</strong> Research, the global soybean oil market reached a<br />
production volume of 47.1 Million <strong>To</strong>ns in 2016. The market is presently gaining impetus due to a<br />
number of factors such as rising global population, growing health consciousness among the<br />
consumers <strong>and</strong> growing food industry. Low cost, easy availability <strong>and</strong> eco-friendly nature of soybean<br />
oil has further facilitated its use in various sectors such as food, industrial <strong>and</strong> feed.<br />
Key findings from the report:<br />
• Major end-use sectors of soybean oil are the food, industrial <strong>and</strong> feed sectors.
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