Fats and oils are diverse in their utility and functions. Not only do they serve crucial purposes within the food industry, but these products are also an important part of other sectors like machinery, cosmetics, healthcare and wellness, synthetic and agro-based chemicals, and so many more.
However, conventional oil products are already saturated with large-cap companies operating in them. Despite that, newer companies can explore other avenues of profit where the market has not saturated yet, and there is tremendous scope for growth and expansion. Today, we will look at three oil products that can be delved into by newcomer companies wanting to turn a profit!
Top 3 Oil Products for Operational Expansion
Let us take a look at what these oil products are that companies can invest in for future upside potential:
1. Multi Feedstock BioDiesel
With the recent surge in electric vehicles and renewed interest in sustainable sources of energy, biodiesel is being seen as a potential avenue of investment. Companies can capitalize on a multi feed stock biodiesel plant, through which waste oils and fats can pass through esterification. This way, they can extract and distill biodiesel using a variety of waste oils and fats, even if they are mixed. Moreover, the multi feed stock biodiesel plant also produces salt-free glycerin as a byproduct, which can be exported to cosmetics and soap companies. Both ethanol and methanol are used in the process as catalysts, although methanol is favored since it reacts more quickly than ethanol. Given that it burns cleanly, biodiesel has a lot of potential as a fuel for the future. Businesses would be wise to start investing early to ensure exponential development.
2. Mango Kernel Oil
Mango kernel oil is the oil that is extracted from the stone inside the seed of the mango fruit. Annually, fruit companies must deal with a significant amount of mango waste, as it is a fast-perishing fruit. However, using the mango kernel oil extraction process, all of this waste can be reused to produce mango oil, which finds a prime place in cosmetics, soaps, and other beauty products. The small-scale mango kernel oil extraction process involves the use of hydraulic presses to extract the oil, but this is not efficient for large-scale operations. For a higher production margin and quotient, chemical extraction is the best operational method. Mango kernel oil is quite useful for diabetes patients since it has many medical characteristics, including the ability to reduce blood sugar. Considering that it possesses anti-oxidizing properties, it is also utilized in several skincare products.
3. Sal Seed Oil
Sal seed comes from the Shorea Robusta tree, which is found mostly in Southeast Asia. The seed of this tree is documented to have various medicinal properties in Ayurvedic texts. Sal seed oil extraction can thus prove to be crucial for future cosmetic industries as the demand grows higher for natural sources of oils and fats. Apart from cosmetics, Sal seed oil extraction can also help to serve the wellness and healthcare industries as it is a potent analgesic and possesses high anti-inflammatory properties. Along with healing cuts, wounds, burns, and skin infections, the oil is frequently used to treat gastrointestinal issues like diarrhea and dysentery.
Conclusion
Thus, these are three of the most prominent oil products that have proven to have high utility in industries and businesses and promise to be even more useful in future lifestyles. If businesses want to invest in such infrastructure that enables the extraction and processing of these oils, Mectech is one of the finest companies to partner with. Mectech has been in the oil extraction industry for decades and possesses significant experience in manufacturing and supply chains. The company is diversifying its portfolio of products to assimilate oil and fat products that have utility for future businesses. If you are looking to invest in the sector in some capacity, contact Mectech today for the greatest convenience and benefits!
Mectech Process Engineers Pvt. Ltd 