Global Castor Oil Category - Procurement Market Intelligence Report

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
Category constraints
  • Inter-seasonal variation in the price of castor oil
  • For a full, detailed list, view our report
Procurement best practices
  • Conduct periodic reviews
  • For a full, detailed list, view our report
Key questions answered in this 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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