Global Castor Sales Market Report 2022

Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
Market Analysis and Insights: Global Castor Market
Due to the COVID-19 pandemic, the global Castor market size is estimated to be worth US$ 1144 million in 2021 and is forecast to a readjusted size of US$ 1144 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Castor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The major players in global Castor market include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, etc. The top 3 players occupy about 25% shares of the global market. India is the main market, and occupies about 80% of the global market. Commercial Castor Oil is the main type, with a share about 50%. Industrial is the main application, which holds a share about 60%.
Global Castor Scope and Market Size
The global Castor market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Castor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Segment by Application
Food Industry
Industrial
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Gokul Refoils and Solvent (GRSL)
NK Proteins
Kisan Agro
Girnar Industries
Kanak Castor Products
BOM
Shivam Agro
Adya Oils & Chemicals (AOCL)
Shivam Castor Products (SCPL)
Thai Castor Oil (TCO Group)
Itoh Oil Chemicals
Azevedo Industria
Hokoku Corporation
Tongliao Weiyu
Tianxing Group
Yellow River Oil
Guohua Oil
Qianjin Oil

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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Details
QYR-21120573

02-Jun-2022

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