Global Oilseeds Market was valued at USD 10 Billion in 2022 and is projected to reach USD 14 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The oilseeds market plays a pivotal role in the global agricultural and food industries, providing essential raw materials for edible oils, animal feed, and biofuels. Driven by growing demand for plant-based oils and protein-rich meals, this market continues to expand and diversify, with a significant impact on trade patterns and supply chains. In 2023, the global market size for oilseeds was valued at over $100 billion, and it is expected to witness steady growth in the coming years, propelled by emerging market demand and innovation in oilseed cultivation technologies.
Among the key oilseeds, soybeans, sunflower seeds, rapeseed, and palm kernels dominate the market, each offering unique benefits. Soybeans, for instance, have gained attention for their high protein content, making them a critical ingredient in livestock feed and plant-based food products. Sunflower seeds, on the other hand, are a significant source of polyunsaturated fats and are widely used for cooking oils. Rapeseed oil is preferred for its versatility, while palm kernel oil’s high yield per hectare makes it a vital crop in Southeast Asia.
Geographically, Asia Pacific holds the largest share of the oilseeds market, driven by China and India’s massive consumption rates. North America and Europe are also significant contributors, with Canada and the United States being major producers of soybeans. However, global oilseed production is increasingly facing challenges, including climate change, regulatory constraints, and the fluctuating demand for biofuels versus food use. Innovations in sustainable farming practices and genetically modified crops are gaining traction to help meet the surging demand.
As the global population rises, the demand for vegetable oils and protein meal products is expected to continue its upward trajectory, keeping the oilseeds market a vital area of focus for both investors and farmers alike. The introduction of new farming techniques, such as precision agriculture, and the expansion of oilseed production in emerging markets, will likely influence the next phase of growth in this industry.
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Archer Daniels Midland
Bayer Cropscience
Burrus Seed Farm
DowDuPont
Gansu Dunhuang Seed
Hefei Fengle Seed
Krishidhan Seeds
KWS Saat
Syngenta
Land O??Lakes
Limagrain
Mahyco Seeds
Monsanto
Nuziveedu Seeds
Rallis India Limited
Stine Seed
Sunora Foods
Burrus Seed farm
Gansu Dunhuang Seed
Land O'Lakes
Archer Daniels Midland
Bunge
Green BioFuels
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Oilseeds Market
Edible oil
Animal feed
Bio-fuels
Based on Types the Market is categorized into Below types that held the largest Oilseeds market share In 2023.
Copra
Cottonseed
Palm Kernel
Peanut
Rapeseed
Soybean
Sunflower Seed
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Oilseeds Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Oilseeds Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Oilseeds Market, By Type
6. Global Oilseeds Market, By Application
7. Global Oilseeds Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Oilseeds Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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