Global Oilseeds Market, By Biotech Trait (Insecticide- Resistant and Herbicide- Tolerant), Oilseed Type (Peanut, Soybean, Sunflower Seed, Cottonseed, Copra, Palm Kernel and Rapeseed), Type (Conventional and Genetically Modified), Application (Oilseed Meal and Vegetable Meal), Product (Edible Oil and Animal feed) Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that the oilseeds market will project a compound annual growth rate (CAGR) of 5.25% during the forecast period of 2022-2029. Growing focus on the application of high quality seeds especially in the developing economies, increasing focus on the latest trends in the market, growing application of advanced and modern agricultural practices to improve the productivity, high growth in emerging countries coupled with innovative technologies and increasing industry competitiveness are the major factors attributable to the growth of oilseeds market.
From the name itself, it is clear that oilseeds are the use of seeds that are used to extract the oil. Seeds such as soybeans, canola, sunflowers, rapeseeds and flaxseeds are used as oilseeds. Majority of the vegetable oil available in the market today is extracted from oilseeds. Both manual and mechanical tools are used in the extraction of oil from the seeds.
Growing rate of consumption of oilseeds in the households, rising, changing or shifting customer’s tastes and preferences, and increased population especially in the developing economies will emerge as the major factors fostering the growth of the market. Also, growing awareness about the benefits of consumption of oilseeds and surging demand for products that are rich in protein content are other important factors fostering the growth of the market. Growing support by the government to strengthen the agricultural sector and growth in the demand for chemical free and organic oil especially in the developing economies will further create lucrative and remunerative growth opportunities for the market.
However, unfavourable and unpredictable weather condition is a major factor that will pose a major challenge to the growth of the market. Also, dearth of required infrastructural facilities, fluctuation in the prices of raw materials such as oil and lack of technical skills especially in the underdeveloped economies will further slowdown the market growth rate. Stringent regulations imposed by the government in regards to manufacturing of vegetable oils would also hamper the market growth rate.
This oilseeds market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on oilseeds market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Oilseeds Market Scope and Market Size
The global oilseeds market is segmented on the basis of biotech trait, oilseed type, type, product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of biotech trait, the oilseeds market is segmented into insecticide- resistant and herbicide- tolerant.
- On the basis of oilseed type, the oilseeds market is segmented into peanut, soybean, sunflower seed, cottonseed, copra, palm kernel and rapeseed.
- On the basis of type, the oilseeds market is segmented into conventional and genetically modified.
- On the basis of product, the oilseeds market is segmented into edible oil and animal feed.
- On the basis of application, the oilseeds market is segmented into oilseed meal, and vegetable meal. Oilseed meal is further segmented into food products, feed, and industrial. Vegetable meal is further segmented into food products, and industrial.
Oilseeds Market Country Level Analysis
The global oilseeds market is analyses and market size, volume information is provided by country by biotech trait, oilseed type, type, product and application as referenced above.
The countries covered in the oilseeds market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the oilseeds market and will continue to flourish its dominance during the forecast period owing to the rising research and development proficiencies and growing usage of oil for regular cooking. Asia-Pacific region continue to undergo substantial gains during the forecast period and register the highest CAGR. Growing personal disposable income and growing food processing industries and retail industry are some other important factors fostering the growth of this region.
The country section of the oilseeds market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Oilseeds Market Share Analysis
The global oilseeds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to oilseeds market.
Some of the major players operating in the oilseeds market are ADM, Bayer AG, Burrus Seed, Dow, DuPont, Gansu Dunhuang Seed Group Co., Ltd., Hefei Fengle Seed Co., Ltd., Krishidhan Seeds Pvt. Ltd., KWS SAAT SE & Co. KGaA, Syngenta Crop Protection AG, FMC Corporation, Sumitomo Chemical Co., Ltd., Cargill, Incorporated, Wilmar International Ltd, Coot Oil Seeds, Soni Soya Products Limited, ETC Agro Processing (INDIA) PVT LTD., Mahyco, Seed Co Limited., Land O'Lakes, Inc., Nuziveedu Seeds Ltd. (NSL) and Bora Foods Pvt. Ltd. among others.
Customization Available : Global Oilseeds Market
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