APO RESEARCH · REPORT
Castor
Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
Product & engineering
Understand the product.
Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
Selected research
Industry Research
Castor Industry Research Report 2026
Market perspective
Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
The major players in global Castor market include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, etc. The top 3 players occupy about 25% shares of the global market. India is the main market, and occupies about 80% of the global market. Commercial Castor Oil is the main type, with a share about 50%. Industrial is the main application, which holds a share about 60%.
Report Scope
Read the full market overview
This report quantifies the global Castor market in revenue (US$ million) and, where applicable, sales volume (t), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/t) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Castor.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Castor Market by Company
Gokul Refoils and Solvent (GRSL)
NK Proteins
Kisan Agro
Girnar Industries
Kanak Castor Products
BOM
Shivam Agro
Adya Oils & Chemicals (AOCL)
Shivam Castor Products (SCPL)
Thai Castor Oil (TCO Group)
Itoh Oil Chemicals
Azevedo Industria
Hokoku Corporation
Tongliao Weiyu
Tianxing Group
Yellow River Oil
Guohua Oil
Qianjin Oil
Castor Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Castor Segment by Application
Food Industry
Industrial
Others
Castor Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Castor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Castor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Castor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Castor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Castor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Castor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Commercial Castor Oil
- Refined Castor Oil
- Pale Pressed Refined Castor Oil
- Others
Applications
- Food Industry
- Industrial
- Others
Companies covered
- Gokul Refoils and Solvent (GRSL)
- NK Proteins
- Kisan Agro
- Girnar Industries
- Kanak Castor Products
- BOM
- Shivam Agro
- Adya Oils & Chemicals (AOCL)
- Shivam Castor Products (SCPL)
- Thai Castor Oil (TCO Group)
- Itoh Oil Chemicals
- Azevedo Industria
- Hokoku Corporation
- Tongliao Weiyu
- Tianxing Group
- Yellow River Oil
- Guohua Oil
- Qianjin Oil
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Castor by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Commercial Castor Oil
- 2.2.3 Refined Castor Oil
- 2.2.4 Pale Pressed Refined Castor Oil
- 2.2.5 Others
- 2.3 Castor by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Food Industry
- 2.3.3 Industrial
- 2.3.4 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Castor Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Castor Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Castor Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Castor Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Castor Production by Manufacturers (2021-2026)
- 3.2 Global Castor Production Value by Manufacturers (2021-2026)
- 3.3 Global Castor Average Price by Manufacturers (2021-2026)
- 3.4 Global Castor Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Castor Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Castor Manufacturers, Product Type & Application
- 3.7 Global Castor Manufacturers Established Date
- 3.8 Global Castor Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Gokul Refoils and Solvent (GRSL)
- 4.1.1 Gokul Refoils and Solvent (GRSL) Castor Company Information
- 4.1.2 Gokul Refoils and Solvent (GRSL) Castor Business Overview
- 4.1.3 Gokul Refoils and Solvent (GRSL) Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Gokul Refoils and Solvent (GRSL) Product Portfolio
- 4.1.5 Gokul Refoils and Solvent (GRSL) Recent Developments
- 4.2 NK Proteins
- 4.2.1 NK Proteins Castor Company Information
- 4.2.2 NK Proteins Castor Business Overview
- 4.2.3 NK Proteins Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 NK Proteins Product Portfolio
- 4.2.5 NK Proteins Recent Developments
- 4.3 Kisan Agro
- 4.3.1 Kisan Agro Castor Company Information
- 4.3.2 Kisan Agro Castor Business Overview
- 4.3.3 Kisan Agro Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Kisan Agro Product Portfolio
- 4.3.5 Kisan Agro Recent Developments
- 4.4 Girnar Industries
- 4.4.1 Girnar Industries Castor Company Information
- 4.4.2 Girnar Industries Castor Business Overview
- 4.4.3 Girnar Industries Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Girnar Industries Product Portfolio
- 4.4.5 Girnar Industries Recent Developments
- 4.5 Kanak Castor Products
- 4.5.1 Kanak Castor Products Castor Company Information
- 4.5.2 Kanak Castor Products Castor Business Overview
- 4.5.3 Kanak Castor Products Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Kanak Castor Products Product Portfolio
- 4.5.5 Kanak Castor Products Recent Developments
- 4.6 BOM
- 4.6.1 BOM Castor Company Information
- 4.6.2 BOM Castor Business Overview
- 4.6.3 BOM Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 BOM Product Portfolio
- 4.6.5 BOM Recent Developments
- 4.7 Shivam Agro
- 4.7.1 Shivam Agro Castor Company Information
- 4.7.2 Shivam Agro Castor Business Overview
- 4.7.3 Shivam Agro Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Shivam Agro Product Portfolio
- 4.7.5 Shivam Agro Recent Developments
- 4.8 Adya Oils & Chemicals (AOCL)
- 4.8.1 Adya Oils & Chemicals (AOCL) Castor Company Information
- 4.8.2 Adya Oils & Chemicals (AOCL) Castor Business Overview
- 4.8.3 Adya Oils & Chemicals (AOCL) Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Adya Oils & Chemicals (AOCL) Product Portfolio
- 4.8.5 Adya Oils & Chemicals (AOCL) Recent Developments
- 4.9 Shivam Castor Products (SCPL)
- 4.9.1 Shivam Castor Products (SCPL) Castor Company Information
- 4.9.2 Shivam Castor Products (SCPL) Castor Business Overview
- 4.9.3 Shivam Castor Products (SCPL) Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Shivam Castor Products (SCPL) Product Portfolio
- 4.9.5 Shivam Castor Products (SCPL) Recent Developments
- 4.10 Thai Castor Oil (TCO Group)
- 4.10.1 Thai Castor Oil (TCO Group) Castor Company Information
- 4.10.2 Thai Castor Oil (TCO Group) Castor Business Overview
- 4.10.3 Thai Castor Oil (TCO Group) Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Thai Castor Oil (TCO Group) Product Portfolio
- 4.10.5 Thai Castor Oil (TCO Group) Recent Developments
- 4.11 Itoh Oil Chemicals
- 4.11.1 Itoh Oil Chemicals Castor Company Information
- 4.11.2 Itoh Oil Chemicals Castor Business Overview
- 4.11.3 Itoh Oil Chemicals Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Itoh Oil Chemicals Product Portfolio
- 4.11.5 Itoh Oil Chemicals Recent Developments
- 4.12 Azevedo Industria
- 4.12.1 Azevedo Industria Castor Company Information
- 4.12.2 Azevedo Industria Castor Business Overview
- 4.12.3 Azevedo Industria Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Azevedo Industria Product Portfolio
- 4.12.5 Azevedo Industria Recent Developments
- 4.13 Hokoku Corporation
- 4.13.1 Hokoku Corporation Castor Company Information
- 4.13.2 Hokoku Corporation Castor Business Overview
- 4.13.3 Hokoku Corporation Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Hokoku Corporation Product Portfolio
- 4.13.5 Hokoku Corporation Recent Developments
- 4.14 Tongliao Weiyu
- 4.14.1 Tongliao Weiyu Castor Company Information
- 4.14.2 Tongliao Weiyu Castor Business Overview
- 4.14.3 Tongliao Weiyu Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Tongliao Weiyu Product Portfolio
- 4.14.5 Tongliao Weiyu Recent Developments
- 4.15 Tianxing Group
- 4.15.1 Tianxing Group Castor Company Information
- 4.15.2 Tianxing Group Castor Business Overview
- 4.15.3 Tianxing Group Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Tianxing Group Product Portfolio
- 4.15.5 Tianxing Group Recent Developments
- 4.16 Yellow River Oil
- 4.16.1 Yellow River Oil Castor Company Information
- 4.16.2 Yellow River Oil Castor Business Overview
- 4.16.3 Yellow River Oil Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Yellow River Oil Product Portfolio
- 4.16.5 Yellow River Oil Recent Developments
- 4.17 Guohua Oil
- 4.17.1 Guohua Oil Castor Company Information
- 4.17.2 Guohua Oil Castor Business Overview
- 4.17.3 Guohua Oil Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Guohua Oil Product Portfolio
- 4.17.5 Guohua Oil Recent Developments
- 4.18 Qianjin Oil
- 4.18.1 Qianjin Oil Castor Company Information
- 4.18.2 Qianjin Oil Castor Business Overview
- 4.18.3 Qianjin Oil Castor Production Capacity, Value and Gross Margin (2021-2026)
- 4.18.4 Qianjin Oil Product Portfolio
- 4.18.5 Qianjin Oil Recent Developments
5 Global Castor Production by Region
- 5.1 Global Castor Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Castor Production by Region: 2021-2032
- 5.2.1 Global Castor Production by Region: 2021-2026
- 5.2.2 Global Castor Production Forecast by Region (2027-2032)
- 5.3 Global Castor Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Castor Production Value by Region: 2021-2032
- 5.4.1 Global Castor Production Value by Region: 2021-2026
- 5.4.2 Global Castor Production Value Forecast by Region (2027-2032)
- 5.5 Global Castor Market Price Analysis by Region (2021-2026)
- 5.6 Global Castor Production and Value, YOY Growth
- 5.6.1 North America Castor Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Castor Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Castor Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Castor Production Value Estimates and Forecasts (2021-2032)
6 Global Castor Consumption by Region
- 6.1 Global Castor Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Castor Consumption by Region (2021-2032)
- 6.2.1 Global Castor Consumption by Region: 2021-2026
- 6.2.2 Global Castor Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Castor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Castor Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Castor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Castor Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Castor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Castor Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Castor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Castor Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Castor Production by Type (2021-2032)
- 7.1.1 Global Castor Production by Type (2021-2032) & (t)
- 7.1.2 Global Castor Production Market Share by Type (2021-2032)
- 7.2 Global Castor Production Value by Type (2021-2032)
- 7.2.1 Global Castor Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Castor Production Value Market Share by Type (2021-2032)
- 7.3 Global Castor Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Castor Production by Application (2021-2032)
- 8.1.1 Global Castor Production by Application (2021-2032) & (t)
- 8.1.2 Global Castor Production Market Share by Application (2021-2032)
- 8.2 Global Castor Production Value by Application (2021-2032)
- 8.2.1 Global Castor Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Castor Production Value Market Share by Application (2021-2032)
- 8.3 Global Castor Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Castor Value Chain Analysis
- 9.1.1 Castor Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Castor Production Mode & Process
- 9.2 Castor Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Castor Distributors
- 9.2.3 Castor Customers
10 Global Castor Analyzing Market Dynamics
- 10.1 Castor Industry Trends
- 10.2 Castor Industry Drivers
- 10.3 Castor Industry Opportunities and Challenges
- 10.4 Castor Industry Restraints
11 Report Conclusion
12 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst