Global Castor Oil Category - Procurement Market Intelligence Report
About Global Castor Oil
A key growth driver for the castor oil market is the high growth potential of castor oil in the organic beauty and personal care products market. The growth of the global organic beauty and personal care market is driven by an increase in urbanization in developing economies across APAC (China and India), South America (Brazil), and MEA (the UAE). Castor oil and derivatives such as castor wax, zinc ricinolate, and castor oil esters are being used in beauty and personal care products such as soaps, shampoos, creams, perfumes, lip gels, and hair oils among others.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Castor Oil Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Castor Oil Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Expansion in the distribution channels
- For a full, detailed list, view our report
- Inter-seasonal variation in the price of castor oil
- For a full, detailed list, view our report
- Conduct periodic reviews
- For a full, detailed list, view our report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers ?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
Press Release
SpendEdge Announces the Publication of its Procurement Research Report – Global Castor Oil Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Castor Oil Category - Procurement Market Intelligence Report: Jayant Agro-Organics, Adani WilmAr, Ambuja Solvex, Itoh Oil Chemicals, and Gokul Refoils & Solvents Limited (GRSL).
Commenting on the report, an analyst from SpendEdge said: “Buyers must conduct periodic reviews of all products in their portfolio that contain castor oil or its derivatives.”
According to the report, a key growth driver for the castor oil market is the high growth potential of castor oil in the organic beauty and personal care products market.
Further, the report states that one of the procurement challenges faced by buyers in this market space is the inter-seasonal variation in the price of castor oil.
Companies Mentioned
Jayant Agro-Organics, Adani WilmAr, Ambuja Solvex, Itoh Oil Chemicals, and Gokul Refoils & Solvents Limited (GRSL).
- PART 1: CATEGORY AT A GLANCE
- TAKEAWAY 01 | Market Overview
- TAKEAWAY 02 | Demand and Supply Snapshot
- TAKEAWAY 03 | Key Market Dynamics
- TAKEAWAY 04 | Supply Market Highlights
- TAKEAWAY 05 | Pricing Insights
- TAKEAWAY 06 | Procurement Insights
- PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
- PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Global Molasses Production Hubs
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
- PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
- PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models – Pros and Cons
- Indicative Pricing
- PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
- PART 7: TOP FIVE SUPPLIERS
- Jayant Agro-Organics
- Adani WilmAr
- Ambuja Solvex
- Itoh Oil Chemicals
- Gokul Refoils & Solvents Limited (GRSL)
- PART 8: APPENDIX
- Glossary
- Key Notes
- About Us
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