Oilseeds Market: Segmentation Analysis, Business Opportunities, and Forecast to 2030
Research Reports
May 15, 2023
Market Research Future Insights
According to MRFR analysis, the global Oilseeds market is expected to register a CAGR of 4.20% from 2022 to 2030 and hold a value of over USD 243.542 billion by 2030.
The oilseeds market is a growing industry that includes a variety of crops such as soybeans, sunflower, canola, cottonseed, and others. These crops are used for the production of oils, meals, and other products that are used for human consumption, animal feed, and industrial applications.
The demand for oilseeds is driven by the increasing demand for vegetable oils, the growth of the livestock industry, and the increasing demand for biodiesel. The use of oilseeds as a feed ingredient provides a high-quality protein source for livestock, while the production of biodiesel from oilseeds reduces the dependence on fossil fuels and helps to reduce greenhouse gas emissions.
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Key Players
Some of the key oilseeds market players are BASF SE, Monsanto Company, Groupe Limagrain Holding, Syngenta, DuPont, Nuziveedu Seeds Ltd, Land O’Lakes Inc., Cargill, Incorporated, Seed Co Limited, Mahyco Seeds Company Limited.
Market Segmentation
The Global Oilseeds market has been segmented into Category, Oilseed Type and Biotech Trait.
Based on the Category, the market has been segmented into Conventional, Genetically Modified
Based on the Oilseed Type, the market has been segmented into Soybeans, Sunflower Seed, Cotton Seed, Canola Seed
Based on the Biotech Trait, the market has been segmented into Insecticide-Resistant, Herbicide-Tolerant
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Regional Analysis
The Asia-Pacific region is the largest market for oilseeds, driven by the high demand for vegetable oils in countries such as China and India, and the growth of the livestock industry in the region. The region is characterized by a high demand for innovative and sustainable solutions, and the presence of major oilseed producers such as Cargill, Bunge, and Archer Daniels Midland (ADM).
North America and Europe are also significant markets for oilseeds, driven by the increasing demand for vegetable oils and the growth of the biodiesel industry. The regions are characterized by a high demand for organic and non-GMO products and the presence of major oilseed producers such as Monsanto, Dow AgroSciences, and Syngenta.
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