COVID-19 Impact and Recovery Analysis | Soybean Oil Procurement Intelligence Report Forecasts Over USD 2 $ Billion Spend Growth
LONDON--(BUSINESS WIRE)--Nov 17, 2020--
The global soybean oil market is poised to experience spend growth of more than USD 2 $ billion between 2024 at a CAGR of over 3.71%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages.
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SpendEdge has announced the release of its Global Soybean Oil Market Procurement Intelligence Report (Graphic: Business Wire)
Read the 120 pages research report with TOC and LOE on “The Global Soybean Oil Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”
SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our soybean oil procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights in the best procurement practices to mitigate losses.
Information on Latest Trends and Supply Chain Market Information: Knowledge center on COVID-19 impact assessment
Insights into the Market Price Trends
- Raw material prices account for a significant portion of suppliers’ OPEX. Any increase in these prices leads to a substantial increase in suppliers’ OPEX which will have a direct impact on buyers’ Soybean Oil procurement price.
- The increase in minimum wages across countries and expectations for a better lifestyle will compel suppliers to increase their compensations for employees. While this will increase suppliers’ OPEX, this will have an inflationary impact on buyers’ soybean oil procurement expenditure.
Insights into strategies that will help buyers optimize their procurement spend
- This will aid buyers to optimize their soybean oil procurement budget.
- This will aid buyers to minimize their expenditure on soybean oil procurement.
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Some of the top Soybean Oil suppliers enlisted in this report
This soybean oil procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
- Cargill Inc.
- Bunge Ltd.
- Wilmar International Ltd.
- Archer Daniels Midland Co.
- Louis Dreyfus Co. BV
- Unilever Group
- SLC AGRICOLA SA
- SunOpta Grains and Foods Inc.
- Ruchi Soya Industries Ltd.
- Fuji Oil Holdings Inc.
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Table of Content
Category Pricing Insights
Category Management Strategy
Category Management Enablers
Suppliers under Coverage
US Market Insights
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-for-demo?
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PUB: 11/17/2020 10:15 AM/DISC: 11/17/2020 10:15 AM