About Oilseeds-
Oilseeds are a collection of crop and seeds known for their oil content cultivated mainly to extract oil used to across diverse applications like cooking, food production, biofuel Industries and animal feed. This group encompasses soybean rapeseed, sunflower seeds, Cotton seeds, peanuts, sesame seeds and palm kernels. They hold immense important Ance in agriculture as they provide essentials oil for human consumption, serve as raw material for numerous products and offer protein rich meal for livestock feed. Escalating global demand for vegetable oil spurred by their diverse uses in foods production biofuels and the rising based preference for based plant proteins drives the oilseeds market current trends favor sustainable farming practises the adoption of genetically modified verities, and Intensified Rand D high.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
CAGR | 4.15% |
The nature of the global oilseeds market is fragmented. owing presence of multiple players all competitors are focusing on increasing production capacities and introducing new and innovative product made out of oilseeds to generate higher revenues than the rest and emerging dominants. Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global Oilseeds- market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advanta Steels –UPL (India), BASF SE (Germany), Bayer AG (Germany), Corteva Agriscience (United States), Euralis Semenec's (France), Groupe Limagrain (France), KWS SAAT SE and Co.KGaA (Germany), Nufarm (Australia), RAGT Semences (France), Syngenta Group (Switzerland), Archer Daniels Midland (United States) and Cargill (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Wilmar International (Singapore) and Bunge Limited (United States.
Segmentation Overview
AMA Research has segmented the market of Global Oilseeds- market by Type (Canola, Soybean, Sunflower, Rapeseeds and Mustards, Peanut and Others), Application (Oilseed Meal and Vegetable Oil) and Region.
On the basis of geography, the market of Oilseeds- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Conventional will boost the Oilseeds- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Application, the sub-segment i.e. Food and Beverage will boost the Oilseeds- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing demand for non-GMO and Specialty oilseeds
Market Growth Drivers:
Increasing Demands for Vegetable oils and Expansion in Biofuel Production
Challenges:
Ensuring food security amidst fluctuating crop yields. and Balancing between food, fuel and Industrial uses of oilseeds
Restraints:
Price volatility in commodity markets and Land use and Environmental concerns
Opportunities:
Emerging market growing Appetite for edible oils and Expansion in health-conscious consumer base
Market Leaders and their expansionary development strategies
In August 2022 Bayer, Bunge and Chevron U.S.A. Inc. a subsidiary of Chevron Corporation have signed a shareholders’ agreement in connection with Bayer’s acquisition of a 65 percent majority ownership of the winter oilseed producer Cover Cress, Inc. (CCI). The remaining 35 percent of CCI will continue ownership under Bunge and Chevron.
In May, 2023 Corteva, Inc. showcased its farmer-focused innovations, sustainability-driven initiatives and industry-leading R&D pipeline advancements during the Company's Innovation Update. Through key product launches, the Company is expanding its leadership position in the global seed and crop protection market by continuing to deliver products that increase and protect yield potential for farmers globally.
Key Target Audience
Manufacturers, Distributors, Raw material Suppliers, Research Institutes, Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.