Cottonseed Oil Driven by Snack Food Manufacturing Industry and Rising Number of Restaurants, Market Growth By 2024
Cotton is used primarily in fiber and textile industries. The cottonseed is used to produce oil for oilseed cake and for human consumption. Oilseed cake is used as an animal feed. Cottonseed oil is usually pale yellow in color. Cottonseed oil is edible oil extracted from cotton plant seeds of various species, primarily Gossypium hirsutum and Gossypium herbaceum. It possesses low cholesterol, vitamin E, and antioxidant property. It is employed in manufacturing industries such as paints. It is also used in cooking to enhance the food taste. It is also used in salad dressings, mayonnaises, and salad oil owing to its flavor, stability, and high oxidation property. Growth of snack food manufacturing industry and rising number of restaurants are likely to drive the global cottonseed oil market during the forecast period. Cottonseed oil is less expensive than other oils such as canola oil and olive oil. Increasing demand for fats and oils from cosmetics and soap manufacturing industri...