Global Castor Oil Market Insights, Forecast to 2025

Castor oil is is a pale yellow vegetable oil that is extracted from castor seeds. Castor oil is mainly used in preservative, medicine, lubrication etc.

Currently, India is the largest producer of castor seeds and accounts for over 80% of the global production, followed by China and Brazil.
Asia Pacific is the largest consumer of castor oil and is expected to retain the higher growth rate during the next few years due to strong growth in pharmaceuticals and cosmetics industry. China and India have witnessed a major chunk of the production and consumption of castor oil in the Asia Pacific region.
The castor oil market in Europe is growing on the back of rising demand of bio based cosmetic production, whereas the demand for castor oil in North America is driven by the strong consumption of biodiesel.
The global Castor Oil market is valued at 1180 million US$ in 2018 and will reach 1470 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Castor Oil market based on company, product type, end user and key regions.

This report studies the global market size of Castor Oil in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Castor Oil in these regions.
This research report categorizes the global Castor Oil market by top players/brands, region, type and end user. This report also studies the global Castor Oil market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
NK Proteins
Jayant Agro Organics
Ambuja
Adani Group
RPK Agrotech
Gokul Overseas
Kanak
Adya Oil
Taj Agro Products
Girnar Industries
Bom Brazil
Kisan
Thai Castor Oil
ITOH Oil Chemicals
Tongliao TongHua
Tongliao Weiyu
Tianxing
Kanghui
Huanghe Youzhi
Xingtai Lantian
Hewei

Market size by Product
Food Grade
Pharmaceutical/cosmetic Grade
Industry Grade
Market size by End User
Food Industry
Pharmaceuticals and Cosmetics Industry
Industrial

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Castor Oil market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Castor Oil market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Castor Oil companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Castor Oil submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Castor Oil are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Castor Oil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.