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Castor-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Castor market size is expected to reach US$ 1441.4 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Castor in various end use industries. The expanding demands from the Food Industry, Industrial and Others,, are propelling Castor market. Commercial Castor Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Refined Castor Oil segment is estimated at % CAGR for the next seven-year 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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Castor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Castor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Castor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Castor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Castor covered in this report include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, Girnar Industries, Kanak Castor Products, BOM, Shivam Agro, Adya Oils & Chemicals (AOCL) and Shivam Castor Products (SCPL), etc.
The global Castor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Castor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Castor market, Segment by Type:
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Global Castor market, by Application
Food Industry
Industrial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Castor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Castor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Castor market size is expected to reach US$ 1441.4 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Castor in various end use industries. The expanding demands from the Food Industry, Industrial and Others,, are propelling Castor market. Commercial Castor Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Refined Castor Oil segment is estimated at % CAGR for the next seven-year 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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Castor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Castor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Castor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Castor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Castor covered in this report include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, Girnar Industries, Kanak Castor Products, BOM, Shivam Agro, Adya Oils & Chemicals (AOCL) and Shivam Castor Products (SCPL), etc.
The global Castor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Castor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Castor market, Segment by Type:
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Global Castor market, by Application
Food Industry
Industrial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Castor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Castor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Castor Market Overview
1.1 Castor Product Overview
1.2 Castor Market Segment by Type
1.2.1 Commercial Castor Oil
1.2.2 Refined Castor Oil
1.2.3 Pale Pressed Refined Castor Oil
1.2.4 Others
1.3 Global Castor Market Size by Type
1.3.1 Global Castor Market Size Overview by Type (2018-2029)
1.3.2 Global Castor Historic Market Size Review by Type (2018-2023)
1.3.3 Global Castor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Castor Sales Breakdown by Type (2018-2023)
1.4.2 Europe Castor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Castor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Castor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Castor Sales Breakdown by Type (2018-2023)
2 Global Castor Market Competition by Company
2.1 Global Top Players by Castor Sales (2018-2023)
2.2 Global Top Players by Castor Revenue (2018-2023)
2.3 Global Top Players by Castor Price (2018-2023)
2.4 Global Top Manufacturers Castor Manufacturing Base Distribution, Sales Area, Product Type
2.5 Castor Market Competitive Situation and Trends
2.5.1 Castor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Castor Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Castor as of 2022)
2.7 Date of Key Manufacturers Enter into Castor Market
2.8 Key Manufacturers Castor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Castor Status and Outlook by Region
3.1 Global Castor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Castor Historic Market Size by Region
3.2.1 Global Castor Sales in Volume by Region (2018-2023)
3.2.2 Global Castor Sales in Value by Region (2018-2023)
3.2.3 Global Castor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Castor Forecasted Market Size by Region
3.3.1 Global Castor Sales in Volume by Region (2024-2029)
3.3.2 Global Castor Sales in Value by Region (2024-2029)
3.3.3 Global Castor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Castor by Application
4.1 Castor Market Segment by Application
4.1.1 Food Industry
4.1.2 Industrial
4.1.3 Others
4.2 Global Castor Market Size by Application
4.2.1 Global Castor Market Size Overview by Application (2018-2029)
4.2.2 Global Castor Historic Market Size Review by Application (2018-2023)
4.2.3 Global Castor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Castor Sales Breakdown by Application (2018-2023)
4.3.2 Europe Castor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Castor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Castor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Castor Sales Breakdown by Application (2018-2023)
5 North America Castor by Country
5.1 North America Castor Historic Market Size by Country
5.1.1 North America Castor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Castor Sales in Volume by Country (2018-2023)
5.1.3 North America Castor Sales in Value by Country (2018-2023)
5.2 North America Castor Forecasted Market Size by Country
5.2.1 North America Castor Sales in Volume by Country (2024-2029)
5.2.2 North America Castor Sales in Value by Country (2024-2029)
6 Europe Castor by Country
6.1 Europe Castor Historic Market Size by Country
6.1.1 Europe Castor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Castor Sales in Volume by Country (2018-2023)
6.1.3 Europe Castor Sales in Value by Country (2018-2023)
6.2 Europe Castor Forecasted Market Size by Country
6.2.1 Europe Castor Sales in Volume by Country (2024-2029)
6.2.2 Europe Castor Sales in Value by Country (2024-2029)
7 Asia-Pacific Castor by Region
7.1 Asia-Pacific Castor Historic Market Size by Region
7.1.1 Asia-Pacific Castor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Castor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Castor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Castor Forecasted Market Size by Region
7.2.1 Asia-Pacific Castor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Castor Sales in Value by Region (2024-2029)
8 Latin America Castor by Country
8.1 Latin America Castor Historic Market Size by Country
8.1.1 Latin America Castor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Castor Sales in Volume by Country (2018-2023)
8.1.3 Latin America Castor Sales in Value by Country (2018-2023)
8.2 Latin America Castor Forecasted Market Size by Country
8.2.1 Latin America Castor Sales in Volume by Country (2024-2029)
8.2.2 Latin America Castor Sales in Value by Country (2024-2029)
9 Middle East and Africa Castor by Country
9.1 Middle East and Africa Castor Historic Market Size by Country
9.1.1 Middle East and Africa Castor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Castor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Castor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Castor Forecasted Market Size by Country
9.2.1 Middle East and Africa Castor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Castor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Gokul Refoils and Solvent (GRSL)
10.1.1 Gokul Refoils and Solvent (GRSL) Company Information
10.1.2 Gokul Refoils and Solvent (GRSL) Introduction and Business Overview
10.1.3 Gokul Refoils and Solvent (GRSL) Castor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Gokul Refoils and Solvent (GRSL) Castor Products Offered
10.1.5 Gokul Refoils and Solvent (GRSL) Recent Development
10.2 NK Proteins
10.2.1 NK Proteins Company Information
10.2.2 NK Proteins Introduction and Business Overview
10.2.3 NK Proteins Castor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 NK Proteins Castor Products Offered
10.2.5 NK Proteins Recent Development
10.3 Kisan Agro
10.3.1 Kisan Agro Company Information
10.3.2 Kisan Agro Introduction and Business Overview
10.3.3 Kisan Agro Castor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kisan Agro Castor Products Offered
10.3.5 Kisan Agro Recent Development
10.4 Girnar Industries
10.4.1 Girnar Industries Company Information
10.4.2 Girnar Industries Introduction and Business Overview
10.4.3 Girnar Industries Castor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Girnar Industries Castor Products Offered
10.4.5 Girnar Industries Recent Development
10.5 Kanak Castor Products
10.5.1 Kanak Castor Products Company Information
10.5.2 Kanak Castor Products Introduction and Business Overview
10.5.3 Kanak Castor Products Castor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kanak Castor Products Castor Products Offered
10.5.5 Kanak Castor Products Recent Development
10.6 BOM
10.6.1 BOM Company Information
10.6.2 BOM Introduction and Business Overview
10.6.3 BOM Castor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BOM Castor Products Offered
10.6.5 BOM Recent Development
10.7 Shivam Agro
10.7.1 Shivam Agro Company Information
10.7.2 Shivam Agro Introduction and Business Overview
10.7.3 Shivam Agro Castor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shivam Agro Castor Products Offered
10.7.5 Shivam Agro Recent Development
10.8 Adya Oils & Chemicals (AOCL)
10.8.1 Adya Oils & Chemicals (AOCL) Company Information
10.8.2 Adya Oils & Chemicals (AOCL) Introduction and Business Overview
10.8.3 Adya Oils & Chemicals (AOCL) Castor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Adya Oils & Chemicals (AOCL) Castor Products Offered
10.8.5 Adya Oils & Chemicals (AOCL) Recent Development
10.9 Shivam Castor Products (SCPL)
10.9.1 Shivam Castor Products (SCPL) Company Information
10.9.2 Shivam Castor Products (SCPL) Introduction and Business Overview
10.9.3 Shivam Castor Products (SCPL) Castor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Shivam Castor Products (SCPL) Castor Products Offered
10.9.5 Shivam Castor Products (SCPL) Recent Development
10.10 Thai Castor Oil (TCO Group)
10.10.1 Thai Castor Oil (TCO Group) Company Information
10.10.2 Thai Castor Oil (TCO Group) Introduction and Business Overview
10.10.3 Thai Castor Oil (TCO Group) Castor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Thai Castor Oil (TCO Group) Castor Products Offered
10.10.5 Thai Castor Oil (TCO Group) Recent Development
10.11 Itoh Oil Chemicals
10.11.1 Itoh Oil Chemicals Company Information
10.11.2 Itoh Oil Chemicals Introduction and Business Overview
10.11.3 Itoh Oil Chemicals Castor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Itoh Oil Chemicals Castor Products Offered
10.11.5 Itoh Oil Chemicals Recent Development
10.12 Azevedo Industria
10.12.1 Azevedo Industria Company Information
10.12.2 Azevedo Industria Introduction and Business Overview
10.12.3 Azevedo Industria Castor Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Azevedo Industria Castor Products Offered
10.12.5 Azevedo Industria Recent Development
10.13 Hokoku Corporation
10.13.1 Hokoku Corporation Company Information
10.13.2 Hokoku Corporation Introduction and Business Overview
10.13.3 Hokoku Corporation Castor Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hokoku Corporation Castor Products Offered
10.13.5 Hokoku Corporation Recent Development
10.14 Tongliao Weiyu
10.14.1 Tongliao Weiyu Company Information
10.14.2 Tongliao Weiyu Introduction and Business Overview
10.14.3 Tongliao Weiyu Castor Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Tongliao Weiyu Castor Products Offered
10.14.5 Tongliao Weiyu Recent Development
10.15 Tianxing Group
10.15.1 Tianxing Group Company Information
10.15.2 Tianxing Group Introduction and Business Overview
10.15.3 Tianxing Group Castor Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Tianxing Group Castor Products Offered
10.15.5 Tianxing Group Recent Development
10.16 Yellow River Oil
10.16.1 Yellow River Oil Company Information
10.16.2 Yellow River Oil Introduction and Business Overview
10.16.3 Yellow River Oil Castor Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Yellow River Oil Castor Products Offered
10.16.5 Yellow River Oil Recent Development
10.17 Guohua Oil
10.17.1 Guohua Oil Company Information
10.17.2 Guohua Oil Introduction and Business Overview
10.17.3 Guohua Oil Castor Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Guohua Oil Castor Products Offered
10.17.5 Guohua Oil Recent Development
10.18 Qianjin Oil
10.18.1 Qianjin Oil Company Information
10.18.2 Qianjin Oil Introduction and Business Overview
10.18.3 Qianjin Oil Castor Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Qianjin Oil Castor Products Offered
10.18.5 Qianjin Oil Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Castor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Castor Industrial Chain Analysis
11.4 Castor Market Dynamics
11.4.1 Castor Industry Trends
11.4.2 Castor Market Drivers
11.4.3 Castor Market Challenges
11.4.4 Castor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Castor Distributors
12.3 Castor Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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