Food & Beverages

Oilseeds Market Size, Share & Forecast Report 2024-2033

The oilseeds global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Oilseeds Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The oilseeds market size has grown strongly in recent years. It will grow from $299.83 billion in 2023 to $328.61 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%.  The  growth in the historic period can be attributed to demand for edible oils, population growth, changing diets, trade policies, consumer preferences.

The oilseeds market size is expected to see strong growth in the next few years. It will grow to $469.14 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.  The growth in the forecast period can be attributed to biofuel production, health and wellness trends, global economic trends, climate change impact, rising health consciousness, biofuel expansion. Major trends in the forecast period include technology and farming practices, plant-based movement, technology integration.

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Scope Of Oilseeds Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers –
The growing usage of oilseeds in animal feed is expected to propel the growth of the oilseed market going forward. Oilseeds are a rich source of oil, fatty acids, vitamins, minerals, protein, and fiber, all of which are often employed in the extraction of oil. Following the extraction of oil from oilseeds, the nutrient-dense pulp is transformed into oilcake or meals and fed to dairy farm animals to improve the product and quality of milk while also reducing feed requirements. For instance, according to a report by the United States Department of Agriculture (USDA), a US-based agriculture service organization, in 2021, the total production of oil meal was around 18.5 metric tons. Approximately 70-80% of India’s total oilseed supply is crushed for producing meal, and the oil and meal derived are used mostly for animal feed on farms. Therefore, the growing usage of oilseeds in animal feed is driving the demand for the oilseed market.

Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.

The oilseeds market covered in this report is segmented –

1) By Oilseed Type: Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, Sunflower Seed, Other Oilseed Types
2) By Biotech Trait: Herbicide Tolerant, Insecticide Resistant, Other Stacked Trait
3) By Category: Genetically Modified, Conventional
4) By Application: Oilseed Meal, Vegetable Oil, Other Applications
5) By End-Use Industry: Food Industry, Personal Care and Cosmetic, Pharmaceutical, Other End Users

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Regional Insights –
North America was the largest region in the oilseeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oilseeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Key Companies –
Major companies operating in the oilseeds market report are The Archer Daniels Midland Company, BASF SE, Burrus Seed Farm LLC, Cargill Incorporated, Corteva Agriscience, Mahyco Seeds Limited, Syngenta Group Co. Ltd., Gansu Dunhuang Seed Group Co. Ltd., Bunge Limited, E. I. du Pont de Nemours and Company, Land O’Lakes Inc., Nuziveedu Seeds Limited, Ostro Organics Inc., Wilmar International Limited, Cootamundra Oilseeds Pty Ltd., Soni Soya Products Limited, Monsanto Company (now Bayer CropScience), Groupe Limagrain Holding SA, La Tourangelle Inc., BIO PLANÈTE Ölmühle Moog GmbH, Seed Co Limited, Roland Foods LLC, OPW Ingredients GmbH, Groupe Limagrain SA, Bayer AG, KWS SAAT SE & Co. KGaA, Syngenta Crop Protection AG, Provital Group, Chenguang Biotech Group Co Ltd., United Genetics Seeds Co., Pioneer Hi-Bred International Inc., Delta and Pine Land Company

Table of Contents
1. Executive Summary
2. Oilseeds Market Report Structure
3. Oilseeds Market Trends And Strategies
4. Oilseeds Market – Macro Economic Scenario
5. Oilseeds Market Size And Growth
…..
27. Oilseeds Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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