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Soybean Oil Market - Global
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Analysis, and Forecast 2016 - 2023
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REPORT DESCRIPTION
A study by Transparency Market Research (TMR), titled “Soybean Oil Market - Global Industry Size, Market Share, Trends,
Analysis, and Forecast 2016 - 2023,” presents a comprehensive assessment of this market on the basis of market trends, growth
prospects, driving forces, restrictions, and opportunities.
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flag=B&rep_id=10928
According to the study, the increasing awareness among consumers regarding the benefits of soybean oil compared to
traditional edible oil has driven its demand significantly. It further states that the popularity of soybean oil has been increasing
remarkably due to its good emulsifying ability and low-calorie content. As a result, it is witnessing a higher demand than other
vegetable oils available globally. The absence of trans-fat and the minimal presence of saturated fat is also boosting its adoption
among consumers considerably.
Going forward, the surge in health-related concerns among consumers is likely to shift their food preferences towards healthy
products. Soybean oil, being a key source of Vitamin E and omega 3-fatty acids, is expected to gain significant momentum
globally over the forecast period.
On the other hand, the availability of substitutes in abundance is limiting the demand for soybean oil. However, the versatility of...