Castor farming farming crores
Castor farming farming crores
CASTOR
BOTANICAL NAME : RICINUS COMMUNIS
Family: Euphorbiaceae
COMMERCIAL GROWING OF
CASTOR IS VERY SUCCESSFUL due to DEMAND IN DOMESTIC AND INTERNATIONAL MARKETS.
The global castor oil market is expected to grow at a CAGR of around 4.3% during 2018-2023.
“Gujarat accounts for 72 percent of castor seed production in the country. Maharashtra, with only two percent share in the country’s produce, has tremendous scope to increase it in a short span of time,”
Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 provides a comprehensive insight into the global castor oil market and its manufacturing requirements. The report has segmented the market on the basis of major regions.
Currently, India represents the world's largest producer followed by China and Brazil. The report has also analysed some of the major players operating in this market. The report finds that most of the manufacturers are currently concentrated in India as it is the largest producer of castor seeds as well as castor oil.
The report provides a detailed roadmap for setting up a castor oil manufacturing plant. The study, done by one of the world's leading research and advisory firms, covers all the prerequisites of the castor oil market and provides an in-depth analysis of the market, industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins.
http://m.timesofindia.com/articleshow/71780923.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cpps
The oil extracted is used in various purposes worldwide
It is used as a lubricant in
HIGH SPEED ENGINES AND AEROPLANES
Manufacture of SOAPS
Transparent papers
Printing inks
PAINTS AND VARNISHES
Linolium and plasticisers
Medicinal purposes
Lighting purposes
Castor may be used to make manure
Plant stalks as FUEL OR
Thatching material OR
For preparing paper pulp.
Castor leaves are being used to treat SILKWORMS.
Castor oil is also used in
Heals inflammed skin
Fights signs of aging
Reduces Acne
Moisturises skin
Fades blemishes
Promotes Hair Growth
Treats Scalp infections
Prevents premature hair graying
Prevents stretch marks
Reduces pigmentation
Acts as a LAXATIVE
Reduces JOINT PAINS /ARTHRITIS
Boosts Immunity.
Castor oil contents
It is rich in TRIGLYCERIDES mainly
RICINOLEIN
ECONOMICS
Marketing of Castor oil
Nagpur (Maharashtra) : A Mumbai-based oil firm has launched an ambitious contract farming project in the crisis-ridden western Vidarbha region under which it will procure castor seeds from farmers at an assured price.
The programme by Jayant Oils and Derivatives Ltd (JODL) hopes to support at least 25,000 farmers.
The firm, which exports castor oil and its derivatives to 44 countries, is targeting to bring 50,000 acres under contract farming in the five rain-fed districts of Vidarbha, where debt-trapped farmers continue to commit suicide in large numbers despite several relief measures implemented by the government.
Farmers in Vidarbha must be trained in modern, profitable agro-management with stress on multi-cropping and the region’s vast barren lands should be well cultivated,
Key Questions Answered in This Report:
- How has the castor oil market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global castor oil industry?
- What are the key end-use industries for castor oil?
- What are the price trends of castor oil?
- What are the various stages in the value chain of the castor oil industry?
- What are the key driving factors and challenges in the castor oil industry?
- What is the structure of the castor oil industry and who are the key players?
- What is the degree of competition in the castor oil industry?
- What are the profit margins in the castor oil industry?
- What are the key requirements for setting up a castor oil manufacturing plant?
- How is castor oil manufactured?
- What are the various unit operations involved in a castor oil plant?
- What is the total size of land required for setting up a castor oil plant?
- What are the machinery requirements for setting up a castor oil plant?
- What are the raw material requirements for setting up a castor oil plant?
- What are the packaging requirements for castor oil?
- What are the transportation requirements for castor oil?
- What are the utility requirements for setting up a castor oil plant?
- What are the manpower requirements for setting up a castor oil plant?
- What are the infrastructure costs for setting up a castor oil plant?
- What are the capital costs for setting up a castor oil plant?
- What are the operating costs for setting up a castor oil plant?
- What will be the income and expenditures for a castor oil plant?
- What is the time required to break-even?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Castor Seed Industry
5.1 Market Overview
5.2 Production Volume Trends
5.3 Market Breakup by Region
5.4 Market Forecast
6 Global Castor Oil Industry
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Trends
6.4 Market Breakup by Region
6.5 Market Breakup by End Use
6.6 Market Forecast
6.7 SWOT Analysis
6.7.1 Strengths
6.7.2 Weaknesses
6.7.3 Opportunities
6.7.4 Threats
6.8 Value Chain Analysis
6.9 Porter's Five Forces Analysis
6.9.1 Overview
6.9.2 Bargaining Power of Buyers
6.9.3 Bargaining Power of Suppliers
6.9.4 Degree of Competition
6.9.5 Threat of New Entrants
6.9.6 Threat of Substitutes
6.10 Key Market Drivers and Success Factors
7 Performance of Key Regions
7.1 China
7.2 Europe
7.3 India
7.4 United States
7.5 Brazil
8 Market by End Use
8.1 Pharmaceuticals
8.2 Lubricants
8.3 Paints
8.4 Soaps
8.5 Others
9 Competitive Landscape
9.1 Competitive Structure
9.2 Market Share of Key Players
10 Castor Oil Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Layout
11.4 Plant Machinery
11.5 Machinery Pictures
11.6 Raw Material Requirements and Expenditures
11.7 Raw Material and Final Product Pictures
11.8 Packaging Requirements and Expenditures
11.9 Transportation Requirements and Expenditures
11.10 Utility Requirements and Expenditures
11.11 Manpower Requirements and Expenditures
11.12 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
For more information about this report visit https://www.researchandmarkets.com/
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