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  • Which region is the largest consumer of castor oil?
  • Asia Pacific is the largest consumer of castor oil and is expected to retain higher growth rate during the next few years due to strong growth in pharmaceuticals and cosmetics industry. China and India have witnessed a major chunk of the production and consumption of castor oil in the Asia Pacific region.
  • Is castor oil extraction business profitable?
  • The castor oil extraction business is a profitable industry and it is open for any aspiring entrepreneur that has the capacity to compete with other players for the available market shares to come in and establish his or her business. 2. Executive Summary
  • How does castor oil supply affect prices?
  • Because the majority of the world¡¯s castor oil production is concentrated in these three countries, supply fluctuations from year to year can dramatically influence prices and availability. In 2021, global castor oil production topped 767,000 tons.
  • What is castor oil?
  • Castor oil is a pale yellow vegetable oil that is extracted from castor seeds. Castor oil is mainly used in preservative, medicine, lubrication etc. Currently, india is the largest producer of castor seeds and accounts for over 80 percent of the global production, followed by China and Brazil.