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Synopsis
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.
The global Castor market was valued at US$ 1144 million in 2023 and is anticipated to reach US$ 1441.4 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
The major players in global Castor market include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, etc. The top 3 players occupy about 25% shares of the global market. India is the main market, and occupies about 80% of the global market. Commercial Castor Oil is the main type, with a share about 50%. Industrial is the main application, which holds a share about 60%.
This report aims to provide a comprehensive presentation of the global market for Castor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Castor.
Report Scope
The Castor market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Castor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Castor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Segment by Application
Food Industry
Industrial
Others
Production by Region
South America
India
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Castor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Castor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Castor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Castor market was valued at US$ 1144 million in 2023 and is anticipated to reach US$ 1441.4 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
The major players in global Castor market include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, etc. The top 3 players occupy about 25% shares of the global market. India is the main market, and occupies about 80% of the global market. Commercial Castor Oil is the main type, with a share about 50%. Industrial is the main application, which holds a share about 60%.
This report aims to provide a comprehensive presentation of the global market for Castor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Castor.
Report Scope
The Castor market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Castor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Castor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Segment by Application
Food Industry
Industrial
Others
Production by Region
South America
India
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Castor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Castor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Castor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Castor Market Overview
1.1 Product Definition
1.2 Castor Segment by Type
1.2.1 Global Castor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Commercial Castor Oil
1.2.3 Refined Castor Oil
1.2.4 Pale Pressed Refined Castor Oil
1.2.5 Others
1.3 Castor Segment by Application
1.3.1 Global Castor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food Industry
1.3.3 Industrial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Castor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Castor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Castor Production Estimates and Forecasts (2019-2030)
1.4.4 Global Castor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Castor Production Market Share by Manufacturers (2019-2024)
2.2 Global Castor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Castor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Castor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Castor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Castor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Castor, Product Offered and Application
2.8 Global Key Manufacturers of Castor, Date of Enter into This Industry
2.9 Castor Market Competitive Situation and Trends
2.9.1 Castor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Castor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Castor Production by Region
3.1 Global Castor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Castor Production Value by Region (2019-2030)
3.2.1 Global Castor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Castor by Region (2025-2030)
3.3 Global Castor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Castor Production by Region (2019-2030)
3.4.1 Global Castor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Castor by Region (2025-2030)
3.5 Global Castor Market Price Analysis by Region (2019-2024)
3.6 Global Castor Production and Value, Year-over-Year Growth
3.6.1 South America Castor Production Value Estimates and Forecasts (2019-2030)
3.6.2 India Castor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Castor Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Castor Production Value Estimates and Forecasts (2019-2030)
4 Castor Consumption by Region
4.1 Global Castor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Castor Consumption by Region (2019-2030)
4.2.1 Global Castor Consumption by Region (2019-2024)
4.2.2 Global Castor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Castor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Castor Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Castor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Castor Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Castor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Castor Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Castor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Castor Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Castor Production by Type (2019-2030)
5.1.1 Global Castor Production by Type (2019-2024)
5.1.2 Global Castor Production by Type (2025-2030)
5.1.3 Global Castor Production Market Share by Type (2019-2030)
5.2 Global Castor Production Value by Type (2019-2030)
5.2.1 Global Castor Production Value by Type (2019-2024)
5.2.2 Global Castor Production Value by Type (2025-2030)
5.2.3 Global Castor Production Value Market Share by Type (2019-2030)
5.3 Global Castor Price by Type (2019-2030)
6 Segment by Application
6.1 Global Castor Production by Application (2019-2030)
6.1.1 Global Castor Production by Application (2019-2024)
6.1.2 Global Castor Production by Application (2025-2030)
6.1.3 Global Castor Production Market Share by Application (2019-2030)
6.2 Global Castor Production Value by Application (2019-2030)
6.2.1 Global Castor Production Value by Application (2019-2024)
6.2.2 Global Castor Production Value by Application (2025-2030)
6.2.3 Global Castor Production Value Market Share by Application (2019-2030)
6.3 Global Castor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Gokul Refoils and Solvent (GRSL)
7.1.1 Gokul Refoils and Solvent (GRSL) Castor Corporation Information
7.1.2 Gokul Refoils and Solvent (GRSL) Castor Product Portfolio
7.1.3 Gokul Refoils and Solvent (GRSL) Castor Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Gokul Refoils and Solvent (GRSL) Main Business and Markets Served
7.1.5 Gokul Refoils and Solvent (GRSL) Recent Developments/Updates
7.2 NK Proteins
7.2.1 NK Proteins Castor Corporation Information
7.2.2 NK Proteins Castor Product Portfolio
7.2.3 NK Proteins Castor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 NK Proteins Main Business and Markets Served
7.2.5 NK Proteins Recent Developments/Updates
7.3 Kisan Agro
7.3.1 Kisan Agro Castor Corporation Information
7.3.2 Kisan Agro Castor Product Portfolio
7.3.3 Kisan Agro Castor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Kisan Agro Main Business and Markets Served
7.3.5 Kisan Agro Recent Developments/Updates
7.4 Girnar Industries
7.4.1 Girnar Industries Castor Corporation Information
7.4.2 Girnar Industries Castor Product Portfolio
7.4.3 Girnar Industries Castor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Girnar Industries Main Business and Markets Served
7.4.5 Girnar Industries Recent Developments/Updates
7.5 Kanak Castor Products
7.5.1 Kanak Castor Products Castor Corporation Information
7.5.2 Kanak Castor Products Castor Product Portfolio
7.5.3 Kanak Castor Products Castor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Kanak Castor Products Main Business and Markets Served
7.5.5 Kanak Castor Products Recent Developments/Updates
7.6 BOM
7.6.1 BOM Castor Corporation Information
7.6.2 BOM Castor Product Portfolio
7.6.3 BOM Castor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BOM Main Business and Markets Served
7.6.5 BOM Recent Developments/Updates
7.7 Shivam Agro
7.7.1 Shivam Agro Castor Corporation Information
7.7.2 Shivam Agro Castor Product Portfolio
7.7.3 Shivam Agro Castor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Shivam Agro Main Business and Markets Served
7.7.5 Shivam Agro Recent Developments/Updates
7.8 Adya Oils & Chemicals (AOCL)
7.8.1 Adya Oils & Chemicals (AOCL) Castor Corporation Information
7.8.2 Adya Oils & Chemicals (AOCL) Castor Product Portfolio
7.8.3 Adya Oils & Chemicals (AOCL) Castor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Adya Oils & Chemicals (AOCL) Main Business and Markets Served
7.7.5 Adya Oils & Chemicals (AOCL) Recent Developments/Updates
7.9 Shivam Castor Products (SCPL)
7.9.1 Shivam Castor Products (SCPL) Castor Corporation Information
7.9.2 Shivam Castor Products (SCPL) Castor Product Portfolio
7.9.3 Shivam Castor Products (SCPL) Castor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shivam Castor Products (SCPL) Main Business and Markets Served
7.9.5 Shivam Castor Products (SCPL) Recent Developments/Updates
7.10 Thai Castor Oil (TCO Group)
7.10.1 Thai Castor Oil (TCO Group) Castor Corporation Information
7.10.2 Thai Castor Oil (TCO Group) Castor Product Portfolio
7.10.3 Thai Castor Oil (TCO Group) Castor Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Thai Castor Oil (TCO Group) Main Business and Markets Served
7.10.5 Thai Castor Oil (TCO Group) Recent Developments/Updates
7.11 Itoh Oil Chemicals
7.11.1 Itoh Oil Chemicals Castor Corporation Information
7.11.2 Itoh Oil Chemicals Castor Product Portfolio
7.11.3 Itoh Oil Chemicals Castor Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Itoh Oil Chemicals Main Business and Markets Served
7.11.5 Itoh Oil Chemicals Recent Developments/Updates
7.12 Azevedo Industria
7.12.1 Azevedo Industria Castor Corporation Information
7.12.2 Azevedo Industria Castor Product Portfolio
7.12.3 Azevedo Industria Castor Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Azevedo Industria Main Business and Markets Served
7.12.5 Azevedo Industria Recent Developments/Updates
7.13 Hokoku Corporation
7.13.1 Hokoku Corporation Castor Corporation Information
7.13.2 Hokoku Corporation Castor Product Portfolio
7.13.3 Hokoku Corporation Castor Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Hokoku Corporation Main Business and Markets Served
7.13.5 Hokoku Corporation Recent Developments/Updates
7.14 Tongliao Weiyu
7.14.1 Tongliao Weiyu Castor Corporation Information
7.14.2 Tongliao Weiyu Castor Product Portfolio
7.14.3 Tongliao Weiyu Castor Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Tongliao Weiyu Main Business and Markets Served
7.14.5 Tongliao Weiyu Recent Developments/Updates
7.15 Tianxing Group
7.15.1 Tianxing Group Castor Corporation Information
7.15.2 Tianxing Group Castor Product Portfolio
7.15.3 Tianxing Group Castor Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Tianxing Group Main Business and Markets Served
7.15.5 Tianxing Group Recent Developments/Updates
7.16 Yellow River Oil
7.16.1 Yellow River Oil Castor Corporation Information
7.16.2 Yellow River Oil Castor Product Portfolio
7.16.3 Yellow River Oil Castor Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Yellow River Oil Main Business and Markets Served
7.16.5 Yellow River Oil Recent Developments/Updates
7.17 Guohua Oil
7.17.1 Guohua Oil Castor Corporation Information
7.17.2 Guohua Oil Castor Product Portfolio
7.17.3 Guohua Oil Castor Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Guohua Oil Main Business and Markets Served
7.17.5 Guohua Oil Recent Developments/Updates
7.18 Qianjin Oil
7.18.1 Qianjin Oil Castor Corporation Information
7.18.2 Qianjin Oil Castor Product Portfolio
7.18.3 Qianjin Oil Castor Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Qianjin Oil Main Business and Markets Served
7.18.5 Qianjin Oil Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Castor Industry Chain Analysis
8.2 Castor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Castor Production Mode & Process
8.4 Castor Sales and Marketing
8.4.1 Castor Sales Channels
8.4.2 Castor Distributors
8.5 Castor Customers
9 Castor Market Dynamics
9.1 Castor Industry Trends
9.2 Castor Market Drivers
9.3 Castor Market Challenges
9.4 Castor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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