Oilseeds Market Promising Growth and by Platform Type, Technology and End User Industry Statistics, Scope, Demand by 2032

Oilseed Market size was valued at USD 253.2 Billion in 2021 and is projected to reach USD 386.1 Billion by 2030, growing at a CAGR of 4.80% from 2023 to 2030.

The anticipated growth in the usage of oilseeds in animal feed will support the company's expansion. The market is comprehensively evaluated in the study on the global oilseed market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Because of their economic significance, oilseed crops are major crops that are grown all over the world. For food oil, most oilseed crops are grown. Oilseeds have recently gotten more attention due to a growth in demand for their advantageous vegetable oils, animal feed, pharmaceuticals, biofuels, and other oleochemical industrial uses.

Global Oilseed Market Overview

The anticipated growth in the usage of oilseeds in animal feed will support the company's expansion. Oilseeds are a rich source of fatty acids, oil, minerals, protein, vitamins, and fibre. They are frequently used in the process of producing oil. To boost milk output and quality while decreasing feed requirements, dairy farm animals are fed meals or oilcake made from the nutrient-rich pulp left behind after soybean oil extraction.

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Oilseeds have a wide range of applications, making them very desirable. Oil seeds like sunflower are used as a type of moisturiser in cosmetic products. Oil seeds are India's second-largest agricultural export after food grains. People now prefer vegetable oil to animal fat because they value their health more. another variation of Linseed oil is a type of vegetable oil that is frequently used in lubricants, paints, and varnishes. As a result, it is anticipated that the rising demand for oilseeds for a number of applications would be the primary driver of the market's growth rate.

The extended growing seasons and low planting rates of the novel plant biotechnology features are expected to be the key market restraints during the projected timeframe, nevertheless. Other significant short-term barriers to market expansion will be governmental regulations and changing weather patterns. Rising government initiatives are a noticeable trend that is gaining popularity in the oilseeds market.

Governments all across the world are taking action to increase oilseed production and decrease the pricey importation of vegetable oil. For instance, the Indian government declared the start of its National Mission on Oilseeds and Oil Palm in August 2021. This strategy intends to boost regional oilseed production and achieve edible oil self-sufficiency. More than 110 billion rupees ($1.48 billion) would be invested by the government through the National Mission on Oilseeds and Palm Oil, which aims to give farmers better equipment and seeds as well as everything else they need.

Market Segmentation:

The oilseeds market can be segmented by product type, application, and geography.

By product type: The major types of oilseeds include soybeans, sunflower seeds, rapeseed, cottonseed, peanuts, and others. Each type of oilseed has its unique characteristics in terms of oil content, protein content, and processing requirements.
By application: The oilseeds market finds its application in various industries such as food, feed, and industrial. The food industry accounts for the largest share of oilseeds consumption, with vegetable oil being a key ingredient in various food products such as cooking oils, margarine, and mayonnaise. The feed industry uses oilseeds primarily as a source of protein and fat for livestock. The industrial sector uses oilseeds for the production of biofuels and other industrial products.
By geography: The oilseeds market is segmented into various regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Overall, the oilseeds market segmentation is essential for understanding the different types of oilseeds, their applications, and their regional demand. The segmentation helps stakeholders to identify the potential growth opportunities in the oilseeds market and to devise suitable strategies to capitalize on them.

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Competitive Landscape:

Some key players operating in the oilseeds market include:

Archer Daniels Midland Company
Bunge Limited
Cargill, Incorporated
Wilmar International Limited
Louis Dreyfus Company
CHS Inc.
Agrocorp International
COFCO International
Richardson International Limited
Glencore Agriculture Limited
These companies are involved in the production, processing, and distribution of oilseeds and their derivatives, such as vegetable oil, soybean meal, and biodiesel. They are continuously investing in research and development to improve their product quality, enhance production efficiency, and meet the changing consumer demands. These players also focus on strategic collaborations and acquisitions to expand their market presence and improve their competitive edge in the global oilseeds market.

Global Oilseeds Market: Regional Analysis
The countries covered in the regional analysis of the Global Oilseeds market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Oilseeds market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Oilseeds would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Oilseeds Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

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