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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.
Castor oil downstream is wide; the major fields are food industry, pharmaceuticals and cosmetics and industry, etc. In recent years, food industry has developed rapidly. Increasing demand for food industry is expected to drive the demand for the castor market. China, India and South America are the main production regions for castor oil. China market is increasing with the rapid development of downstream industry.
Market Analysis and Insights: Global Castor Market
The global Castor market was valued at US$ 1099.1 in 2020 and will reach US$ 1153 million by the end of 2027, growing at a CAGR of 0.8% during 2022-2027.
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 2016-2027.
Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Segment by Application
Food Industry
Industrial
Others
The Castor market is analysed and market size information is provided by regions (countries). Segment by Application, the Castor market is segmented into North America, Europe, China, Japan, Southeast Asia, India and 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
Castor oil downstream is wide; the major fields are food industry, pharmaceuticals and cosmetics and industry, etc. In recent years, food industry has developed rapidly. Increasing demand for food industry is expected to drive the demand for the castor market. China, India and South America are the main production regions for castor oil. China market is increasing with the rapid development of downstream industry.
Market Analysis and Insights: Global Castor Market
The global Castor market was valued at US$ 1099.1 in 2020 and will reach US$ 1153 million by the end of 2027, growing at a CAGR of 0.8% during 2022-2027.
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 2016-2027.
Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Segment by Application
Food Industry
Industrial
Others
The Castor market is analysed and market size information is provided by regions (countries). Segment by Application, the Castor market is segmented into North America, Europe, China, Japan, Southeast Asia, India and 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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