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2024 Oilseed Farming Market Report : Market Size, Growth Drivers, And Key Trends | Bunge Limited, Bayer AG, Corteva Inc., UPL Limited, Grupo Amaggi, Seaboard Corporation, Batu Kawan Berhad
Oilseed Farming Global Market Report 2024
As per the report, the oilseed farming market size has grown rapidly in recent years. It will grow from $559.77 billion in 2023 to $631.85 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The oilseed farming market size is expected to see rapid growth in the next few years. It will grow to $991.44 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.
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Rising Population Growth Is Driving Expansion Of The Oilseed Market
The rising population growth is expected to propel the growth of the oilseed market going forward. Population refers to the total number of individuals living in a specific geographical area or region at a given point in time, which is a demographic concept used to quantify the size of a community, city, country, or any other defined area. Oilseeds produces edible oils, protein, and potential biofuels to feed its population, ensuring food security and to provide an adequate food supply to meet the dietary needs of people. For instance, in January 2022, according to the United States Department of Commerce, a US-based executive department, the population in the US was 332,403,650 in 2022, which has increased to 0.21% in population from 2021. Therefore, rising population growth is driving the growth of the oilseed market.
Role Of Big Data Farming In Precision Agriculture For Oilseed Production
Big data farming, also known as precision farming, is being widely used in several developed countries to make oilseed production more efficient. Precision agriculture collects real-time data on weather, soil and air quality, crop maturity, equipment, labour costs, and availability to carry out agriculture activities. Farmers use these techniques to determine the amount of nutrients, water, seed, and other inputs required to produce a wide range of oilseed crops in diverse soil environments, thereby increasing farm and crop yield.
The oilseed farming market covered in this report is segmented -
1) By Type: Soybean Farming, Other Oilseed Farming
2) By Farming Process: Organic Oilseed Farming, Traditional Farming
3) By Application: Food Products, Feed, Industrial Products
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Major companies operating in the oilseed farming market include Bunge Limited, Bayer AG, Corteva Inc., UPL Limited, Grupo Amaggi, Seaboard Corporation, Batu Kawan Berhad, Nutrien Ltd, Jardine Matheson Holdings Limited, KWS Saat SE, Archer Daniels Midland Company, Cargill Incorporated, Monsanto Company, DuPont Pioneer, Syngenta AG, Dow AgroSciences LLC, Wilmar International Limited, Sime Darby Plantation, Agrium Inc., The Mosaic Company, United Oilseeds, TerraVia Holdings, PGG Wrightson Seeds Limited, Croda International Plc, Pacific Seeds, GrainCorp Limited, Advanta Seeds, Euralis Semences S.A.S., Golden Agri-Resources, Neem Biotech, DLF Seeds A/S, DSV A/S, Sakata Seed Corporation, Rallis India Limited, Mahyco Private Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V., East-West Seed.
Contents of the report:
1. Executive Summary
2. Oilseed Farming Market Report Structure
3. Oilseed Farming Market Trends And Strategies
4. Oilseed Farming Market - Macro Economic Scenario
5. Oilseed Farming Market Size And Growth
…..
27. Oilseed Farming Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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