Top Trends Transforming the Oilseed Farming Market Landscape in 2025: Role Of Big Data Farming In Precision Agriculture For Oilseed Production

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What Will the Oilseed Farming Industry Market Size Be by 2025?
The dimension of the oilseed farming industry has experienced a swift expansion in the past few years. It is projected to escalate from $651.63 billion in 2024 to a sizeable $734.21 billion in 2025, at a compound annual growth rate (CAGR) of 12.7%. The surge experienced in the historic timeframe is linked to multiple factors, including the increasing demand for edible oils, animal feed, biofuel production, and industrial applications, coupled with the growth of the global populace.

What's the Long-Term Growth Forecast for the Oilseed Farming Market Size Through 2029?
Anticipated to experience a swift escalation in the upcoming years, the oilseed farming market is set to expand to $1092.47 by 2029, projected to grow at a compound annual growth rate (CAGR) of 10.4%. Projected growth within this period can be linked to factors like health and wellness trends, biofuel growth, adoption of plant-based protein, significant increase in incomes in emerging markets coupled with dietary changes, and sustainable farming. The forecast period will likely see the dominance of trends such as organic oilseed cultivation, precise agriculture methods, non-genetically modified oilseeds, localized and smaller-scale production, along with research and development.

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What Are the Key Growth Drivers Fueling the Oilseed Farming Market Expansion?
The anticipated surge in population growth is promising to fuel the expansion of the oilseed market in the future. Population is defined as the aggregate number of people inhabiting a particular geographical area or region at any given moment, which is a demographic term applied to measure the magnitude of a community, city, nation, or any other demarcated area. Oilseeds yield edible oils, proteins, and potential biofuels that cater to the population, guaranteeing food security and enough food supply to satisfy humans' nutritional requirements. For instance, the United States Department of Commerce, a US-based executive department, reported that the US population in January 2022 was 332,403,650, showing a 0.21% increase from 2021. Thus, the escalating population growth is serving as a catalyst for the expansion of the oilseed market.

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What Are the Key Trends Driving Oilseed Farming Market Growth?
The utilization of big data in agriculture, often referred to as precision farming, is rapidly gaining popularity in many developed nations with the aim of enhancing the efficiency of oilseed production. This comprehensive agricultural approach involves the real-time collection of data regarding elements such as weather, air and soil quality, the progress of crop growth, machinery, labour costs, and resource availability. Leveraging this data, farmers can accurately gauge the necessary quantities of water, nutrients, seeds, and other requisite inputs for the proliferation of numerous oilseed crops across various soil settings, consequently leading to an uptick in both crop yield and overall farm productivity.

How Is the Oilseed Farming Market Segmented?
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

Subsegments:
1) By Soybean Farming: Conventional Soybean Farming, Organic Soybean Farming
2) By Other Oilseed Farming: Sunflower Seed Farming, Rapeseed Farming (Including Canola), Cottonseed Farming, Peanut Farming, Flaxseed Farming, Sesame Seed Farming, Other Minor Oilseeds (Safflower, Poppy Seeds)

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Which Companies Are Leading the Charge in Oilseed Farming Market Innovation?
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.

Which Regions Are Leading the Global Oilseed Farming Market in Revenue?
Asia-Pacific was the largest region in the oilseed farming market in 2023. Western Europe was the second-largest region in the oilseed farming market. The regions covered in the oilseed farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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