Report Update: May 1, 2024

World - Soybean Oil - Market Analysis, Forecast, Size, Trends and Insights

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Soybean Oil Manufacturing Process

Soybean oil is derived from the seeds of the soybean plant and is one of the most widely consumed cooking oils worldwide due to its various health benefits and versatility. The manufacturing process of soybean oil involves several stages from cleaning and preparing the seeds to refining and packaging the final product.

Seed Cleaning and Preparation

The first step in soybean oil manufacturing is the cleaning and preparation of the seeds. The soybean seeds are thoroughly cleaned and any impurities or foreign matter such as dust, stones, or stalks are removed. This is typically done using mechanical screens, magnets, and air separators. The cleaned seeds are then cracked or crushed to obtain the soybean flakes or grits.

Oil Extraction

The oil extraction process involves extracting the oil from the soybean flakes or grits. There are several methods used for oil extraction, including mechanical pressing, solvent extraction, and pre-press solvent extraction.

Mechanical Pressing: In this method, the soybean flakes are subjected to high-pressure mechanical pressing using an oil expeller. The friction and pressure cause the oil to be released from the flakes. The resulting mixture of oil and solid residue, known as the crude soybean oil, is then separated using mechanical or hydraulic presses.

Solvent Extraction: Solvent extraction is a commonly used method for large-scale industrial production of soybean oil. In this process, the soybean flakes are first treated with a solvent such as hexane to dissolve the oil. The solvent-oil mixture, known as miscella, is then separated from the solid residue through a combination of filtration and distillation. The solvent is evaporated, leaving behind the crude soybean oil.

Pre-Press Solvent Extraction: This method is a combination of mechanical pressing and solvent extraction. The soybean flakes are first subjected to mechanical pressing to remove a portion of the oil. The pressed cake is then further processed using solvent extraction to extract the remaining oil.

Oil Refining

The crude soybean oil obtained from the extraction process contains impurities such as free fatty acids, gums, phospholipids, and undesirable odors and flavors. These impurities need to be removed to obtain refined, edible soybean oil.

The oil refining process includes several steps:

Degumming: The crude oil is treated with water or acid to remove the gums and other impurities.
Neutralization: The degummed oil is treated with an alkaline solution to neutralize the free fatty acids and remove other impurities.
Bleaching: The neutralized oil is treated with bleaching earth or activated carbon to remove color pigments and further impurities.
Deodorization: The oil is heated under vacuum to remove any remaining impurities, undesirable odors, and flavors.
Winterization: The oil is cooled to remove any waxes, which may cause cloudiness at lower temperatures.

Packaging and Distribution

Once the soybean oil has been refined, it is ready for packaging and distribution. The oil is typically packed in various sizes, ranging from small consumer bottles to large industrial containers. The packaged oil is then distributed to retail stores or shipped to customers for consumption.

In conclusion, the manufacturing process of soybean oil involves seed cleaning and preparation, oil extraction using mechanical pressing or solvent extraction, oil refining through degumming, neutralization, bleaching, deodorization, and winterization, and finally, packaging and distribution of the refined oil.

This report provides an in-depth analysis of the global soybean oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 237 - Oil of Soybeans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023