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Cottonseed oil market to hit US$ 6 bn by 2033: Report
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Saturday, 22 April, 2023, 16 : 00 PM [IST]
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Our Bureau, Mumbai
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As per a new Fact.MR analysis, the global cottonseed oil market is valued at US$4 billion in 2023 and is forecasted to reach US$6 billion by 2033-end. Global demand for cottonseed oil is predicted to increase at a CAGR of 4.1% from 2023 to 2033.
Cottonseed oil is derived from the seeds of various species of cotton. The oil content in cottonseeds is generally in the 18% range. The colour of cottonseed oil is pale yellow, and it is mostly used for cooking. Several varieties of cotton plants produce seeds that are used to make the widely used cooking oil known as cottonseed oil.
Cottonseed oil is gaining popularity all over the world due to its numerous intrinsic benefits. It has a high smoke point and may thus be used for deep frying and cooking when high temperatures are necessary, which is one of its benefits.
Cottonseed oil has a neutral flavour and may pick up the flavour of any item it is combined with. As a result, utilising cottonseed oil is advantageous since the flavour of the dish is not altered and the flavour of the components is not masked. Cottonseed oil extends the shelf life of foods it contains because it contains large concentrations of tocopherols.
Cottonseed oil also has the particular benefit of being less expensive than other organic oils such as canola or olive oil. Because it contains a lot of unsaturated fatty acids, cottonseed oil is good for the heart. Cottonseed oil is also considered healthier than other types of oil since it doesn't need to be hydrogenated, so it has no cholesterol.
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