Oilseeds are agricultural commodities that are grown specifically for the extraction of oil from their seeds. Some of the major oilseeds include soybean, oil palm, rapeseed (canola), sunflower, cottonseed, corn, and peanuts. Factors such as growing demand for cooking oil due to increasing population, expanding food processing industry, increasing consumer preference for biofuels and expanding applications in industrial as well as feed industries are expected to drive the global oilseed market during the forecast period. However, factors like fluctuating crude oil prices and availability of substitutes may pose challenges to market growth.
Market Dynamics:
The global oilseed market growth is driven by growing demand for edible vegetable oils across the food industry. Over the past few decades, demand for cooking oil has increased significantly with population growth and dietary changes. Oilseeds provide vital vegetable oils for cooking purposes and as ingredients in various food products. Another major factor fueling the market is the expanding applications of oilseeds in industrial uses such as lubricants, coatings, biodiesel and bio-based chemicals. The growing focus on biofuels as an alternative to conventional fossil fuels has also augmented the demand for oilseed crops worldwide. However, fluctuating prices of crude oil directly impact the prices of vegetable oils, thereby affecting market revenue. Availability of substitute vegetable oils and growing consumption of alternative cooking fats are also expected to restrain market growth during the forecast period. Furthermore, technological advancements in new product development and cultivation techniques present lucrative opportunities for market players.
Key features of the study:
- This report provides in-depth analysis of the global oilseed market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global oilseed market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Archer Daniels Midland Company (ADM), Cargill, Inc., Bunge Limited, Wilmar International Limited, Louis Dreyfus Company, Olam International, CHS Inc., Bühler Group, Sime Darby Plantation, Ag Processing Inc. (AGP), Mitsui & Co., Ltd., Soni Soya Products Limited, ETG Agro Private Limited, Cootamundra Oilseeds, Mountain States Oilseeds, Kanematsu Corporation, Bora Agro Foods, Oilseeds International, Cargill Oilseeds, and Groupe Limagrain
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global oilseed market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global oilseed market.
Detailed Segmentation-
- By Type Insights (Revenue, USD Bn, 2019 - 2031)
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- Soybeans
- Rapeseed (Canola)
- Sunflower Seeds
- Palm Kernels
- Others
- By Application Insights (Revenue, USD Bn, 2019 - 2031)
-
- Food & Beverage
- Animal Feed
- Biofuel
- Industrial
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
-
- Archer Daniels Midland Company (ADM)
- Cargill, Inc.
- Bunge Limited
- Wilmar International Limited
- Louis Dreyfus Company
- Olam International
- CHS Inc.
- Bühler Group
- Sime Darby Plantation
- Ag Processing Inc. (AGP)
- Mitsui & Co., Ltd.
- Soni Soya Products Limited
- ETG Agro Private Limited
- Cootamundra Oilseeds
- Mountain States Oilseeds
- Kanematsu Corporation
- Bora Agro Foods
- Oilseeds International
- Cargill Oilseeds
- Groupe Limagrain
