Press release
Global Oilseeds Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Trends, Growth & Forecast till 2028
The oilseeds market refers to the agricultural market for oilseed crops, which are grown primarily for the oil content in their seeds. These crops include soybeans, rapeseed, sunflower seeds, cottonseed, peanuts, and others. Here's an overview of the oilseeds market:1.Market Size: The global oilseeds market was valued at over USD 230 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of around 4.5% from 2021 to 2028.
2.Market Drivers: The increasing demand for vegetable oils, biofuels, and animal feed is the primary driver of the oilseeds market. Growing populations, rising incomes, and changing dietary habits are also driving demand for vegetable oils, which are used in a wide range of food products.
Cottonseed, palm kernel, peanut, rapeseed, soybean, and sunflower seeds are predominantly grown for oil. The oil derived from oilseeds is used in human food products, while the remainder is used as animal feed. The edible oil produced from oilseeds is used as a feedstock in the manufacturing of biodiesel. The primary factors driving market expansion include rising soybean consumption and high production in developing countries such as Brazil, Argentina, and others. Furthermore, rising acceptance and production of genetically modified (GM) oilseeds are expected to augment the oilseeds market expansion. Biotech characteristics are frequently used by commercial oilseed growers to make greater yielding seeds for the world's most widely produced crops, which include soybean, cottonseed, rapeseed, and sunflower.
Oilseed crop yield is heavily dependent on climatic changes and variability, which must be addressed in order to meet the growing population's future food demands. Temperature, radiation, rainfall, carbon dioxide, and other climatic conditions can all have an impact on oilseed crop production. As a result, the global oilseeds market's growth is limited throughout the projection period.
The research provides an overview of the industry, including definitions, classifications, and the structure of the industrial chain. The Global Oilseeds Market study includes development trends, competitive landscape analysis, and major regions development status. Policies and strategies for development are reviewed, as well as manufacturing methods and cost structures. Import/export consumption, supply and demand, price, revenue, and gross margins are all included in this report.
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Primary and secondary research is conducted to gain access to current government rules, market information, and industry statistics. Global Oilseeds producers, distributors, end users, industry groups, governments' industry bureaus, industry magazines, industry experts, third-party databases, and our in-house databases were used to collect data. The report combines extensive quantitative analysis and exhaustive qualitative analysis, and ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application, and region, providing a holistic view of as well as a deep insight into the Global Oilseeds Market covering all of its essential aspects.
Covid-19 Impact:
1.Disruption in Supply Chains: The pandemic has disrupted global supply chains, making it difficult for farmers to access seeds, fertilizers, and other inputs necessary for oilseed production. This has led to lower production levels in some regions, affecting the supply of oilseeds.
2.Reduced Demand for Biofuels: The pandemic has led to a decrease in demand for biofuels, which are made from oilseeds such as soybeans and rapeseed. With people traveling less due to lockdowns and restrictions, the demand for biofuels has decreased, leading to a reduction in the demand for oilseeds.
3.Changes in Consumer Habits: The pandemic has led to changes in consumer habits, including increased consumption of processed foods and a shift towards plant-based diets. These changes have led to increased demand for vegetable oils, which are made from oilseeds such as soybeans and rapeseed.
4.Government Policies: The pandemic has led to changes in government policies related to agriculture and food production. In some cases, governments have provided subsidies or other forms of support to farmers to help them cope with the impact of the pandemic.
Market Segmentation:
1.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.
2.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.
3.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.
Key Player:
1.Archer Daniels Midland Company
2.Bunge Limited
3.Cargill, Incorporated
4.Wilmar International Limited
5.Louis Dreyfus Company
6.CHS Inc.
7.Agrocorp International
8.COFCO International
9.Richardson International Limited
10.Glencore Agriculture Limited
Regional Analysis:
1.Asia-Pacific: This region is the largest producer and consumer of oilseeds, with China, India, and Indonesia being the top producers. The high population in this region, coupled with the increasing demand for vegetable oils, is driving the growth of the oilseeds market in Asia-Pacific.
2.North America: The United States and Canada are major producers of oilseeds such as soybeans and canola. The use of soybeans for biofuels has also contributed to the growth of the oilseeds market in North America.
3.Europe: The European Union is a major importer of oilseeds, with soybeans and rapeseed being the most commonly imported oilseeds. The use of biofuels in Europe has also contributed to the growth of the oilseeds market in the region.
4.South America: Brazil and Argentina are major producers of oilseeds such as soybeans and sunflower seeds. The favorable climate conditions in these countries, coupled with increasing demand for vegetable oils, have contributed to the growth of the oilseeds market in South America.
5.Middle East and Africa: This region has a relatively small oilseeds market, with most of the demand being met through imports. The increasing demand for vegetable oils and biofuels is expected to drive the growth of the oilseeds market in the Middle East and Africa.
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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.
Key Points:
•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.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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