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Download Free sampleThe global Castor market was valued at 1056.02 Million USD in 2021 and will grow with a CAGR of .84% from 2021 to 2027.
The prime objective of Castor Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Castor Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.Castor oil downstream is wide; the major fields are food industry, pharmaceuticals and cosmetics and industry, etc. In recent years, food industry has developed rapidly. Increasing demand for food industry is expected to drive the demand for the castor market. China, India and South America are the main production regions for castor oil. China market is increasing with the rapid development of downstream industry.
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