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Oilseeds Market Study Provides In depth Analysis of Current Trends and Future Estimations
Global Oilseeds Market is expected to garner $255,213 million by 2023, from $215,696 million in 2016, registering a CAGR of 2.5% from 2017 to 2023.Copra, cottonseed, palm kernel, peanut, rapeseed, soybean, and sunflower seeds are primarily cultivated for obtaining oil. The oil extracted from oilseeds is used in food products for human consumption, whereas the residue is used as animal feed. The edible oil extracted from oilseeds is used as a feedstock for biodiesel production. The major factors driving the market growth are increased consumption of soybean and its high production in the developing countries such as, Brazil, Argentina, and others. In addition, increased acceptance and large area under cultivation of genetically modified (GM) oilseeds are anticipated to supplement the market growth.
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Increase in the global consumption of soybean has led to its higher production, especially in Brazil and Argentina driving the market growth during the forecast period.
Oil seeds are crops or seeds cultivated for the extraction of edible oil for households and industrial purposes. The edible oil produced from oilseeds is used as feedstock for biodiesels production. The residual content of oilseeds is called as oil cake, and is used as animal feed. Copra, cottonseed, palm kernel, peanut, rapeseed, soybean, and sunflower seed are the major oilseeds used for extraction of oil.
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The key players profiled in the report include Archer Daniels Midland Company, Bayer Cropscience AG, Burrus Seed Farm, Dow Agrosciences LLC., E. I. du Pont de Nemours and Company, Gansu Dunhuang Seed Co. Ltd., Hefei Fengle Seed Co. Ltd., Krishidhan Seeds Pvt. Ltd., KWS Saat AG, and Syngenta AG.
The other key market players (not profiled in this report) are Land O’Lakes Inc., Limagrain, Mahyco Seeds Company Limited, Monsanto, Nuziveedu Seeds Ltd., Rallis India Limited, Seed Co. Limited, Stine Seed Company, and Sunora Foods.
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Key Benefits:
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global oilseeds market to elucidate the prevailing opportunities and tap the investment pockets.
It offers qualitative trends and quantitative analysis of the global market from 2016 to 2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the type of oilseeds and their products.
Competitive intelligence of the industry highlights the business practices followed by the key players across geographies and the prevailing market opportunities.
Key market players and their strategies have been analyzed to understand the competitive outlook of the industry.
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