Major Group SIC 2074 - Cottonseed Oil Mills

SIC 2074 - Cottonseed Oil Mills

SIC 20 - Food And Kindred Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 207 - Fats And Oils
  SIC 201 - Food And Kindred Products SIC 202 - Dairy Products SIC 203 - Canned, Frozen, and Preserved Fruits, Vegetables, and Food Specialties SIC 204 - Grain Mill Products SIC 205 - Bakery Products SIC 206 - Sugar And Confectionery Products SIC 207 - Fats And Oils SIC 208 - Beverages SIC 209 - Miscellaneous Food Preparations and Kindred Products
  - SIC 2074 - Cottonseed Oil Mills
    SIC 2075 - Soybean Oil Mills SIC 2076 - Vegetable Oil Mills, Except Corn, Cottonseed, And Soybean SIC 2077 - Animal And Marine Fats And Oils SIC 2079 - Shortening, Table Oils, Margarine, And Other Edible Fats And Oils SIC 2074 - Cottonseed Oil Mills

Establishments primarily engaged in manufacturing cottonseed oil, cake, meal, and linters, or in processing purchased cottonseed oil other than into edible cooking oils. Establishments primarily engaged in refining cottonseed oil into edible cooking oils are classified in Industry 2079.

Industry trends:

The Cottonseed Oil Mills industry (NAICS 2074) is experiencing several notable qualitative trends. One significant trend is the increasing consumer demand for healthier and more sustainable edible oils. This has been driving manufacturers to focus on producing cottonseed oil with enhanced nutritional profiles, such as those with reduced trans fats and higher levels of polyunsaturated fats.

Another key trend is the expansion of cottonseed oil applications beyond traditional cooking purposes. There is a growing interest in its use in the cosmetic and pharmaceutical industries thanks to its antioxidant properties and skin benefits. This diversification is expected to open new revenue streams for manufacturers.

Sustainability is also becoming a critical concern. Manufacturers are investing in greener production practices, such as waste reduction and the use of renewable energy sources, to meet both regulatory requirements and consumer expectations for environmentally responsible operations.

Looking to the near future, forecasts indicate that the adoption of advanced extraction technologies will gain momentum, enhancing oil yields and quality. Additionally, the market is poised to benefit from the increasing popularity of plant-based and vegan diets, driving demand for cottonseed oil as an alternative to animal-based fats.

Overall, while the Cottonseed Oil Mills industry is facing challenges related to raw material availability and fluctuating market prices, these trends point to a period of growth and innovation. Companies that can adapt to these evolving consumer preferences and technological advancements are likely to experience sustained success in the coming years.

This industry is comprised of:

Cottonseed oil, cake, and meal: made in cottonseed oil mills

Cottonseed oil, deodorized

Lecithin, cottonseed

Explore related industries:

SIC 0131 - Cotton SIC 0724 - Cotton Ginning SIC 2992 - Lubricating Oils And Greases

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