Soybean Oil Pharma Grade Market Size, Share, and Trends 2025 to 2034

The global soybean oil pharma grade market size is calculated at USD 1.34 billion in 2025 and is forecasted to reach around USD 2.54 billion by 2034, accelerating at a CAGR of 7.34% from 2025 to 2034. The North America market size surpassed USD 375.00 million in 2024 and is expanding at a CAGR of 7.53% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : August 2025  |  Report Code : 6605  |  Category : Healthcare  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Soybean Oil Pharma Grade Market 

5.1. COVID-19 Landscape: Soybean Oil Pharma Grade Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Soybean Oil Pharma Grade Market, By Product Type

8.1. Soybean Oil Pharma Grade Market Revenue and Volume, by Product Type

8.1.1. Refined, bleached, deodorized (RBD) soybean oil

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Hydrogenated soybean oil

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Fractionated soybean oil

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Soybean Oil Pharma Grade Market, By Application

9.1. Soybean Oil Pharma Grade Market Revenue and Volume, by Application

9.1.1. Carrier oil for injectable formulations

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Excipient in oral dosage forms (capsules, tablets)

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Base for topical and dermal delivery systems

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Nutraceutical/oil-based supplements

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Soybean Oil Pharma Grade Market, By Form 

10.1. Soybean Oil Pharma Grade Market Revenue and Volume, by Form

10.1.1. Liquid form

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Semi-solid form (e.g., gels, ointment base)

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. Global Soybean Oil Pharma Grade Market, By End-User Industry

11.1. Soybean Oil Pharma Grade Market Revenue and Volume, by End-User Industry

11.1.1. Pharmaceutical manufacturing

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Nutraceuticals/dietary supplements

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Medical device coatings

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Cosmetic/dermatological preparation (pharma grade use)

11.1.4.1. Market Revenue and Volume Forecast

Chapter 12. Global Soybean Oil Pharma Grade Market, By Distribution Channel

12.1. Soybean Oil Pharma Grade Market Revenue and Volume, by Distribution Channel

12.1.1. Direct sales to pharmaceutical companies

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Through pharmaceutical distributors/wholesalers

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. Via contract manufacturing organizations (CMOs)

12.1.3.1. Market Revenue and Volume Forecast

Chapter 13. Global Soybean Oil Pharma Grade Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Product Type

13.1.2. Market Revenue and Volume Forecast, by Application

13.1.3. Market Revenue and Volume Forecast, by Form

13.1.4. Market Revenue and Volume Forecast, by End-User Industry

13.1.5. Market Revenue and Volume Forecast, by Distribution Channel

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Product Type

13.1.6.2. Market Revenue and Volume Forecast, by Application

13.1.6.3. Market Revenue and Volume Forecast, by Form

13.1.6.4. Market Revenue and Volume Forecast, by End-User Industry

13.1.6.5. Market Revenue and Volume Forecast, by Distribution Channel  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Product Type

13.1.7.2. Market Revenue and Volume Forecast, by Application

13.1.7.3. Market Revenue and Volume Forecast, by Form

13.1.7.4. Market Revenue and Volume Forecast, by End-User Industry

13.1.7.5. Market Revenue and Volume Forecast, by Distribution Channel

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Product Type

13.2.2. Market Revenue and Volume Forecast, by Application

13.2.3. Market Revenue and Volume Forecast, by Form

13.2.4. Market Revenue and Volume Forecast, by End-User Industry  

13.2.5. Market Revenue and Volume Forecast, by Distribution Channel  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Product Type

13.2.6.2. Market Revenue and Volume Forecast, by Application

13.2.6.3. Market Revenue and Volume Forecast, by Form

13.2.7. Market Revenue and Volume Forecast, by End-User Industry  

13.2.8. Market Revenue and Volume Forecast, by Distribution Channel  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Product Type

13.2.9.2. Market Revenue and Volume Forecast, by Application

13.2.9.3. Market Revenue and Volume Forecast, by Form

13.2.10. Market Revenue and Volume Forecast, by End-User Industry

13.2.11. Market Revenue and Volume Forecast, by Distribution Channel

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Product Type

13.2.12.2. Market Revenue and Volume Forecast, by Application

13.2.12.3. Market Revenue and Volume Forecast, by Form

13.2.12.4. Market Revenue and Volume Forecast, by End-User Industry

13.2.13. Market Revenue and Volume Forecast, by Distribution Channel

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Product Type

13.2.14.2. Market Revenue and Volume Forecast, by Application

13.2.14.3. Market Revenue and Volume Forecast, by Form

13.2.14.4. Market Revenue and Volume Forecast, by End-User Industry

13.2.15. Market Revenue and Volume Forecast, by Distribution Channel

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Product Type

13.3.2. Market Revenue and Volume Forecast, by Application

13.3.3. Market Revenue and Volume Forecast, by Form

13.3.4. Market Revenue and Volume Forecast, by End-User Industry

13.3.5. Market Revenue and Volume Forecast, by Distribution Channel

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Product Type

13.3.6.2. Market Revenue and Volume Forecast, by Application

13.3.6.3. Market Revenue and Volume Forecast, by Form

13.3.6.4. Market Revenue and Volume Forecast, by End-User Industry

13.3.7. Market Revenue and Volume Forecast, by Distribution Channel

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Product Type

13.3.8.2. Market Revenue and Volume Forecast, by Application

13.3.8.3. Market Revenue and Volume Forecast, by Form

13.3.8.4. Market Revenue and Volume Forecast, by End-User Industry

13.3.9. Market Revenue and Volume Forecast, by Distribution Channel

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Product Type

13.3.10.2. Market Revenue and Volume Forecast, by Application

13.3.10.3. Market Revenue and Volume Forecast, by Form

13.3.10.4. Market Revenue and Volume Forecast, by End-User Industry

13.3.10.5. Market Revenue and Volume Forecast, by Distribution Channel

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Product Type

13.3.11.2. Market Revenue and Volume Forecast, by Application

13.3.11.3. Market Revenue and Volume Forecast, by Form

13.3.11.4. Market Revenue and Volume Forecast, by End-User Industry

13.3.11.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Product Type

13.4.2. Market Revenue and Volume Forecast, by Application

13.4.3. Market Revenue and Volume Forecast, by Form

13.4.4. Market Revenue and Volume Forecast, by End-User Industry

13.4.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Product Type

13.4.6.2. Market Revenue and Volume Forecast, by Application

13.4.6.3. Market Revenue and Volume Forecast, by Form

13.4.6.4. Market Revenue and Volume Forecast, by End-User Industry

13.4.7. Market Revenue and Volume Forecast, by Distribution Channel

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Product Type

13.4.8.2. Market Revenue and Volume Forecast, by Application

13.4.8.3. Market Revenue and Volume Forecast, by Form

13.4.8.4. Market Revenue and Volume Forecast, by End-User Industry

13.4.9. Market Revenue and Volume Forecast, by Distribution Channel

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Product Type

13.4.10.2. Market Revenue and Volume Forecast, by Application

13.4.10.3. Market Revenue and Volume Forecast, by Form

13.4.10.4. Market Revenue and Volume Forecast, by End-User Industry

13.4.10.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Product Type

13.4.11.2. Market Revenue and Volume Forecast, by Application

13.4.11.3. Market Revenue and Volume Forecast, by Form

13.4.11.4. Market Revenue and Volume Forecast, by End-User Industry

13.4.11.5. Market Revenue and Volume Forecast, by Distribution Channel

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Product Type

13.5.2. Market Revenue and Volume Forecast, by Application

13.5.3. Market Revenue and Volume Forecast, by Form

13.5.4. Market Revenue and Volume Forecast, by End-User Industry

13.5.5. Market Revenue and Volume Forecast, by Distribution Channel

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Product Type

13.5.6.2. Market Revenue and Volume Forecast, by Application

13.5.6.3. Market Revenue and Volume Forecast, by Form

13.5.6.4. Market Revenue and Volume Forecast, by End-User Industry

13.5.7. Market Revenue and Volume Forecast, by Distribution Channel

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Product Type

13.5.8.2. Market Revenue and Volume Forecast, by Application

13.5.8.3. Market Revenue and Volume Forecast, by Form

13.5.8.4. Market Revenue and Volume Forecast, by End-User Industry

13.5.8.5. Market Revenue and Volume Forecast, by Distribution Channel

Chapter 14. Company Profiles

14.1. Fuji Oil Holdings, Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Sime Darby Plantation

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. AAK Foodservice AB

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Vantage Specialty Commodities Inc.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Fuji Chemical Industries Co., Ltd.

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Pacific Oleochemicals Sdn Bhd

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. KLK OLEO’s pharma arm

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Sime Darby Oils

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. AAK AB

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Wilmar International

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The soybean oil pharma grade market size is expected to increase from USD 1.25 billion in 2024 to USD 2.54 billion by 2034.

The soybean oil pharma grade market is expected to grow at a compound annual growth rate (CAGR) of around 7.34% from 2025 to 2034.

The major players in the soybean oil pharma grade market include Archer Daniels Midland Company (ADM), Cargill, Incorporated, Bunge Limited, Wilmar International, AAK AB, Louis Dreyfus Company, IOI Loders Croklaan, Fuji Oil Holdings, Inc., Henry Lamotte Oils GmbH, Sime Darby Plantation, AAK Foodservice AB, Brenntag AG, IOI Group, KLK OLEO (Kuala Lumpur Kepong Berhad), Vantage Specialty Commodities Inc., Fuji Chemical Industries Co., Ltd., Pacific Oleochemicals Sdn Bhd, KLK OLEO’s pharma arm, Sime Darby Oils, and Radha Chemicals/Nutritive Oils

The driving factors of the soybean oil pharma grade market are the rising demand for natural excipients in drug formulations and growing use in nutraceuticals and soft gel capsules.

North America region will lead the global soybean oil pharma grade market during the forecast period 2025 to 2034.

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