Oilseeds Market: Current Analysis and Forecast (2022-2028)

Emphasis on Oilseeds Type (Copra, cottonseed, Palm Kernel, Peanut, Repeseed, soybeans, and sunflower seed); Product Type (animal Feed and edible Oil); Breeding Type (genetic manipulation and conventional); and Region/Country

Geography:

Global

Last updated:

Jan 2023

Oilseeds Market
Oilseeds Market

REQUEST FREE SAMPLE PDF


The Oilseeds Market was valued at more than USD 244.11 billion in 2020 and is expected to grow at a CAGR of around 4.2% from 2022-2030.


Oilseeds are the seeds used to cultivate oil crops such as sunflower, soybean, canola, and cotton. The seeds, fruits, or nuts of these oil crops are either consumed directly as food or crushed to extract oil for food, biofuel, oleo chemicals, and other industries. The demand for oilseeds is mainly driven by the growing demand for vegetable oils in the increasing number of households. Owing to the continuous increase in demand for oilseed extracts, farmers are investing in the production of oil crops with high-quality oilseeds. Moreover, the rising need for biofuels in developing as well as developed countries is triggering the growth of the oilseeds market. To fulfill the ever-growing demand for oil across the globe, farmers are inclining toward adopting genetically modified oilseeds to increase yield. Some of the reasons driving the growth of the oilseeds market include the need for healthy and organic oilseed-processed goods, public-private collaborations in varietal development, and molecular breeding in oilseeds. For instance, Government of India to launch an oilseed mission to boost domestic production of oilseeds and reduce import dependence. The scheme is expected to have elements like subsidy to farmers for buying good quality seeds, intervention by the government in the market to support prices when needed, and involvement of the private sector in making available quality seeds.


Some of the major players operating in the market include ADM, BASF SE, Bayer AG, Burrus Seed, Cargill Incorporated, Corteva, Gansu Dunhuang Seed Industry Group Co., Ltd., KWS SAAT SE & Co. KGaA, Mahyco Seeds, Syngenta Crop Protection AG.


Insights Presented in the Report


“Amongst type, sunflower category to witness higher CAGR during the forecast period”


Based on oilseeds type, the market is segmented into oilseeds copra, cottonseed, palm kernel, peanut, repeseed, soybeans, and sunflower seed. Sunflower category is expected to grow at high CAGR during the forecast period. Sunflower oil is extensively used as frying oil in food and as a lubricant in cosmetic applications. It contains linoleic acid, a polyunsaturated fat and oleic acid, a monounsaturated fat and consists of huge amounts of Vitamin E. When sunflower oil is extracted, the crushed seeds are left behind, which are high in protein and dietary fiber and can be utilized as animal feed, fertilizer, or fuel.


Speak To Analyst


“Amongst product type, animal feed to hold a significant share in the market in 2020”


On the basis of product type, the market is segmented into animal feed and edible oil. The animal feed segment was the highest contributor to the market in 2020. Meat, seafood, poultry, and milk continue to make vital contributions to global food supply and, as a result, animal feeds have become a significant component of the integrated food chain. Oilseed meal, which is a by-product of processed oilseeds after extraction of oil, is used extensively in animal feeds, and is therefore a vital economic aspect of oilseed production.


“North America expected to dominate the market in soybean segment”


North America leads the oilseed market with a large market share in 2021. This is due to the increased use of cooking oil in regular cooking, which increases oilseed production. In Canada, soybean was the largest segment because of the high demand from other countries, and the country exported about 4.4 million ton of soybeans in 2020, an increase of 418,979 ton from 4.0 million ton in 2019. Therefore, more seeds will be required in the future to meet the demand of other countries and domestic demand.


Request For Customization


Reasons to buy this report:



  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts.

  • The report presents a quick review of overall industry performance at one glance.

  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.

  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

  • The study comprehensively covers the market across different segments.

  • Deep dive regional level analysis of the industry.



Customization Options:


The global Oilseeds market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.


Table of Contents

Research Methodology for the Oilseeds Market Analysis (2022-2030)


Analyzing the historical market, estimating the current market, and forecasting the future market of the global Oilseeds market were the three major steps undertaken to create and analyze the adoption of Oilseeds market in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Oilseeds market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:


REQUEST FREE SAMPLE PDF


Analysis of Historical Market Size


Step 1: In-Depth Study of Secondary Sources:


Detail secondary study was conducted to obtain the historical market size of the oilseeds market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.


Step 2: Market Segmentation:


After obtaining the historical market size of the Oilseeds market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as oilseeds type, product type, and breeding type. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.


Step 3: Factor Analysis:


After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Oilseeds market. Further, we conducted factor analysis using dependent and independent variables such as oilseeds type, product type, and breeding type of Oilseeds market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Oilseeds market sector across the globe.


Current Market Size Estimate & Forecast


Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Oilseeds market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.


Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:



  • The industry’s market size, in terms of revenue (USD) and the adoption rate of the oilseeds market across the major markets domestically

  • All percentage shares, splits, and breakdowns of market segments and sub-segments

  • Key players in the global Oilseeds market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market



Market Size and Share Validation


Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.


Split of Primary Participants in Different Regions


Speak To Analyst


Oilseeds Market
Oilseeds Market

Market Engineering


The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Oilseeds market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of oilseeds type, product type, and breeding type in the global Oilseeds market.


The main objective of the Global Oilseeds Market Study


The current & future market trends of the global oilseeds market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:


Request For Customization



  • Analyze the current and forecast market size of the oilseeds market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments

  • Segments in the study include areas oilseeds type, product type, and breeding type.

  • Define and analysis of the regulatory framework for the oilseeds

  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.

  • Analyze the current and forecast market size of the oilseeds market for the major region.

  • Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.

  • Company profiles of the oilseeds market and the growth strategies adopted by the market players to sustain in the fast-growing market

  • Deep dive regional level analysis of the industry



Related Reports

Customers who bought this item also bought

Experiential Retail Market: Current Analysis and Forecast (2024-2032)

Experiential Retail Market: Current Analysis and Forecast (2024-2032)

Emphasis on Type of Experience (In-Store Technologies (AR, VR, AI), Multi-Sensory Experiences (Scent, Sound, Visual), Pop-Ups & Immersive Installations, Live Events & Demonstrations, and Others); Retail Format (Department Stores, Specialty Stores, Pop-Up Stores, Flagship Stores, and Others); Industry (Apparel and Fashion, Beauty and Personal Care, Consumer Electronics, Luxury Goods, Food and Beverage, Home Decor, and Others); and Region/Country

November 7, 2024

India Meat Substitutes Market: Current Analysis and Forecast (2024-2032)

India Meat Substitutes Market: Current Analysis and Forecast (2024-2032)

Emphasis on Product Type (Veg Chicken, Veg Mutton, Veg Fish, and Others); Source Type (Soy-based, Wheat-based, Pea-based, and Others); Region

October 25, 2024

India Q-Commerce Market: Current Analysis and Forecast (2024-2032)

India Q-Commerce Market: Current Analysis and Forecast (2024-2032)

Emphasis on Product Type (Grocery, Food & Beverages, Personal Care Products, Household Products, and Others); Sales Channel (Web-based, App-based, and Telephone-based); Region

October 21, 2024

Pet Perfume Market: Current Analysis and Forecast (2024-2032)

Pet Perfume Market: Current Analysis and Forecast (2024-2032)

Emphasis on Pet Type (Dogs, Cats, and Others); Fragrance Type (Fruity, Floral, Woody, and Others); and Region/Country

September 23, 2024