What is the current market size and future outlook for the oilseed farming market?
The oilseed farming market size has grown rapidly in recent years. It will grow from $651.63 billion in 2024 to $734.21 billion in 2025 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to demand for edible oils, animal feed, biofuel production, industrial applications, global population growth.
The oilseed farming market size is expected to see rapid growth in the next few years. It will grow to $1092.47 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to health and wellness trends, biofuel expansion, plant-based protein, the expansion of emerging markets with rising incomes and changing dietary habits, sustainable agriculture. Major trends in the forecast period include organic oilseeds, precision agriculture, non-gmo oilseeds, local and small-scale production, research and development.
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How has the oilseed farming market evolved, and what factors have shaped its growth?
The rising population growth is expected to propel the growth of the oilseed market going forward. Population refers to the total number of individuals living in a specific geographical area or region at a given point in time, which is a demographic concept used to quantify the size of a community, city, country, or any other defined area. Oilseeds produces edible oils, protein, and potential biofuels to feed its population, ensuring food security and to provide an adequate food supply to meet the dietary needs of people. For instance, in January 2022, according to the United States Department of Commerce, a US-based executive department, the population in the US was 332,403,650 in 2022, which has increased to 0.21% in population from 2021. Therefore, rising population growth is driving the growth of the oilseed market.
What are the major segments of the oilseed farming market?
The oilseed farming market covered in this report is segmented –
1) By Type: Soybean Farming, Other Oilseed Farming
2) By Farming Process: Organic Oilseed Farming, Traditional Farming
3) By Application: Food Products, Feed, Industrial Products
Subsegments:
1) By Soybean Farming: Conventional Soybean Farming, Organic Soybean Farming
2) By Other Oilseed Farming: Sunflower Seed Farming, Rapeseed Farming (Including Canola), Cottonseed Farming, Peanut Farming, Flaxseed Farming, Sesame Seed Farming, Other Minor Oilseeds (Safflower, Poppy Seeds)
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Which companies dominate the oilseed farming market?
Major companies operating in the oilseed farming market include Bunge Limited, Bayer AG, Corteva Inc., UPL Limited, Grupo Amaggi, Seaboard Corporation, Batu Kawan Berhad, Nutrien Ltd, Jardine Matheson Holdings Limited, KWS Saat SE, Archer Daniels Midland Company, Cargill Incorporated, Monsanto Company, DuPont Pioneer, Syngenta AG, Dow AgroSciences LLC, Wilmar International Limited, Sime Darby Plantation, Agrium Inc., The Mosaic Company, United Oilseeds, TerraVia Holdings, PGG Wrightson Seeds Limited, Croda International Plc, Pacific Seeds, GrainCorp Limited, Advanta Seeds, Euralis Semences S.A.S., Golden Agri-Resources, Neem Biotech, DLF Seeds A/S, DSV A/S, Sakata Seed Corporation, Rallis India Limited, Mahyco Private Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V., East-West Seed.
Which transformative trends will shape the oilseed farming market landscape?
Big data farming, also known as precision farming, is being widely used in several developed countries to make oilseed production more efficient. Precision agriculture collects real-time data on weather, soil and air quality, crop maturity, equipment, labour costs, and availability to carry out agriculture activities. Farmers use these techniques to determine the amount of nutrients, water, seed, and other inputs required to produce a wide range of oilseed crops in diverse soil environments, thereby increasing farm and crop yield.
How do regional factors impact the oilseed farming market, and which region is the largest contributor?
Asia-Pacific was the largest region in the oilseed farming market in 2023. Western Europe was the second-largest region in the oilseed farming market. The regions covered in the oilseed farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Oilseed Farming Market Report 2025 Offer?
The oilseed farming market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Oilseed farming is the cultivation of crops that are primarily grown for the extraction of oil from their seeds. Oilseeds are rich in oils and are processed to extract vegetable oils used for various purposes. Efficient cultivation methods and climate conditions greatly influence this sector.
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