Industry Background:
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 | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
According to AMA, the market for Oilseeds- is expected to register a CAGR of 4.15% during the forecast period to 2030. This growth is primarily driven by Increasing Demands for Vegetable oils and Expansion in Biofuel Production.
Globally, a noticeable market trend is evident Growing demand for non-GMO and Specialty oilseeds Major Vendors, such as 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), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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.
Key Developments in the Market:
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.
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
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Oilseeds- Market
- Analysis about New Entrants in Oilseeds- Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Oilseeds- Study Sheds Light on
The Oilseeds- Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Oilseeds- industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Oilseeds- industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.