Cotton Seed Market to Record an Impressive Growth by 2022 - Million Insighs
Global Cotton Seed Market is expected to rise at a significant CAGR in the forthcoming years. Cotton seed is widely used as feed product for livestock, cotton seed oil, cosmetics and fertilizers. Cotton Seed contains a high amount of antioxidants and is rich in vitamin E, which is essential for good health. Cotton seed is low in cholesterol that makes it preferable over other oils. It is great for deep-frying as it enhances the flavor of fresh foods. Owing to the aforementioned reasons, cotton seed has been in great demand over the past years and is anticipated to be preferable over the years.
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Cotton, the king of natural fibers is mainly cultivated for its lint which makes it most demanded fiber. It is also one of the important cash crops of many of the Afro-Asian countries like Iran, Egypt, India, Sudan, Tanzania and Uzbekistan and plays a key role in their fiscal development. Cotton seed can be segmented based on products such as linters, oil, hull and meal. Linters are short fibers that are left over after ginning. Linters are used for the manufacture of viscose rayon, cellulose products like cellulose acetate, carboxy methyl cellulose, cellulose nitrate, microcrystalline cellulose, preparation of specialty grade paper, absorbent cotton, etc.
Cottonseed meal is a product of oil extraction. The oil is primarily used as a medium for cooking, salad dressings, production of soap as well as hydrogenated vegetable products. Cottonseed oil owing to the various applications it serves, it has proved to be superior in its nutritional value to many of the traditional oils. Owing to the increasing awareness, cotton seed is used as cooking oil as it is considered to be healthy. Cotton seed oil is highly oxidation resistance that makes it ideal to be used for salad dressing. Cottonseed oil is used in the manufacturing of food and acts as a substitute for cocoa butter in confectionery. Cottonseed oil is used widely for cosmetic use in creams, lotions etc.
Cotton plant is mainly grown for linters; however the major portion of the seed serves as an important by-product. The farmers usually crush the cotton seed and sell it by-products such as linters, hulls, meal and oil which also help in getting better price and less waste of the cottonseed. The major Cotton Seed Market players include Americot Inc., bio-t, Delta& Pine Land, Dabeinong, Gansu Dunhuang Seed, goldoctor, Grand Agriseeds, Hefeifengle seed, Henan Qiule, Seminis, Monsanto, Navdanya, Syngenta, Rijk Zwaan, Seed Co, Jiangsu Dahua, Longping High-tech, Winall Hi-tech Seed, WanxiangDoneed and Zhongnongfa Seed.
The aforementioned Cotton Seed Market players through continuous R&D endeavors focuses in building a wide distribution network that supports the overall coupling market to report significant growth over the forecast period. Companies through mergers & acquisitions and strategic expansions have been trying to cater large volume of customers with cotton seeds that are cost-effective and high quality. Strong product launch capabilities, R&D, farmer relationships, brand salience, human capital efficiencies and strong financial position are being done by the companies.
Several initiatives like Expenditure Management Commission, Jan Dhan Yojana, Make in India, Digital India, Swatch Bharat and fast tracking diplomacy in foreign policy, simplified governance, introducing FDI and legislative reforms are a testament to the government’s holistic economic agenda. All these government measures have produced constructive trends in the lead economic indicators, and marked progress is expected going forward.
The Cotton Seed Market report covers each aspect of the global market for cotton seed, beginning from the basic market information and progressing further to several significant criteria, based on which, the sector is segmented. Key application areas of the Cotton Seed Market are also evaluated on the basis of their performance. The cotton seed industrial chain, prevailing policies, and rules & regulations are studied in this report. The Cotton Seed Market report also assesses the dynamics of demand and supply, production capacity, logistics.
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