Oilseeds Global Market Report 2024

Description

“Oilseeds Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on oilseeds market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for oilseeds? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The oilseeds market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Oilseed Type: Copra; Cottonseed; Palm Kernel; Peanut; Rapeseed; Soybean; Sunflower Seed; Other Oilseed Types
2) By Biotech Trait: Herbicide Tolerant; Insecticide Resistant; Other Stacked Trait
3) By Category: Genetically Modified; Conventional
4) By Application: Oilseed Meal; Vegetable Oil; Other Applications
5) By End-Use Industry: Food Industry; Personal Care and Cosmetic; Pharmaceutical; Other End Users
Companies Mentioned: The Archer Daniels Midland Company; BASF SE; Burrus Seed Farm LLC; Cargill Incorporated; Corteva Agriscience
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Oilseed is a term used to describe a crop or seed specifically cultivated for the extraction of edible oil. Oil, a fundamental component of our diet and a significant source of fatty acids, is predominantly derived from oilseed crops. In a broader context, soybeans and peanuts can be considered as oilseeds.

The primary types of oilseeds include copra, cottonseed, palm kernel, peanut, rapeseed, soybean, sunflower seed, and others. Copra oilseeds pertain to the dehydrated, fleshy part of the coconut, utilized for oil extraction. The residual material after extraction is transformed into coconut-oil cake, serving as animal feed. Various biotech traits encompass herbicide tolerance, insecticide resistance, and other combined traits categorized into genetically modified and conventional types. Diverse applications involve oilseed meal, vegetable oil, and other applications utilized across various industries such as food, personal care and cosmetics, pharmaceuticals, and other end-user sectors.

The oilseeds market research report is one of a series of new reports from The Business Research Company that provides oilseeds market statistics, including global oilseeds industry size, regional shares, competitors with an oilseeds market share, detailed oilseeds market segments, market trends, and opportunities, and any further data you may need to thrive in the oilseeds industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The oilseeds market size has grown strongly in recent years. It will grow from $299. 83 billion in 2023 to $328. 61 billion in 2024 at a compound annual growth rate (CAGR) of 9. 6%. The growth observed in the historic period can be attributed to the demand for edible oils, population growth, evolving dietary patterns, trade policies, and consumer preferences.

The oilseeds market size is expected to see strong growth in the next few years. It will grow to $469. 14 billion in 2028 at a compound annual growth rate (CAGR) of 9. 3%. The anticipated growth in the forecast period can be linked to biofuel production, trends in health and wellness, global economic trends, the impact of climate change, increasing health consciousness, and the expansion of biofuels. Prominent trends expected in the forecast period involve advancements in technology and farming practices, the plant-based movement, and the integration of technology.

The anticipated growth of the oilseed market is expected to be driven by the increasing utilization of oilseeds in animal feed. Oilseeds are a valuable source of oil, fatty acids, vitamins, minerals, protein, and fiber, commonly utilized in oil extraction processes. Following oil extraction, the nutrient-rich residue is converted into oilcake or meals, serving as feed for dairy farm animals. This enhances milk product quality and reduces overall feed requirements. According to a report from the United States Department of Agriculture (USDA) in 2021, the global production of oil meal reached approximately 18. 5 metric tons. In India, 70-80% of the total oilseed supply is crushed to produce meal, primarily used as animal feed on farms. Thus, the increasing incorporation of oilseeds in animal feed is a key driver for the oilseed market.

The growth of the oilseeds market is also expected to be propelled by the rising demand in the personal care sector. Personal care encompasses practices and products individuals use for personal hygiene, grooming, appearance, and overall well-being. Integrating oilseeds into personal care products capitalizes on their natural benefits, providing consumers with healthier and more natural alternatives to synthetic or chemical ingredients for skin and hair care. For example, the Bureau of Labor Statistics reported a 12. 3% increase in the average consumer expenditure on personal care products in September 2023, reaching $866 in 2022, up from $771 in 2021. Hence, the growing demand in personal care is contributing to the expansion of the oilseeds market.

A prominent trend in the oilseeds market is the emergence of government initiatives aimed at boosting oilseed production and reducing costly vegetable oil imports. An illustration of this is the National Mission on Oilseeds and Oil Palm launched by the government of India in August 2021. This strategic initiative aims to enhance local oilseed output and achieve self-sufficiency in edible oil production. The government is investing over 110 billion rupees ($1. 48 billion) through this mission to provide farmers with essential resources, including improved seeds and technology.

Major companies in the oilseeds market are increasing their investments to drive revenue growth. In October 2023, Gemini Edibles and Fats India Ltd, an Indian company specializing in oilseed manufacturing, announced a Rs 600 crore investment to establish an oil refinery and an oilseed crushing plant. The project, once operational, will crush sunflower seeds and refine oils such as rice bran, cottonseed, and sunflower, generating employment for approximately 1,000 people. This investment aims to meet the rising demand for edible oils and fats in India.

In December 2021, Crystal Crop Protection Limited, an Indian agrochemical company, acquired Bayer AG's seeds business for an undisclosed amount. The acquisition included seeds of cotton, mustard, pearl millet, and grain sorghum hybrids. Crystal Crop aims to become a leading player in the seed business through this acquisition, strengthening its field crop seed business and establishing itself as a robust integrated Agri-Input player. Bayer AG, a German company, produces superior oilseeds, aligning with consumer preferences for healthy and flavorful foods.

Major companies operating in the in the oilseeds market report are The Archer Daniels Midland Company, BASF SE, Burrus Seed Farm LLC, Cargill Incorporated, Corteva Agriscience, Mahyco Seeds Limited, Syngenta Group Co. Ltd., Gansu Dunhuang Seed Group Co. Ltd., Bunge Limited, E. I. du Pont de Nemours and Company, Land O'Lakes Inc., Nuziveedu Seeds Limited, Ostro Organics Inc., Wilmar International Limited, Cootamundra Oilseeds Pty Ltd., Soni Soya Products Limited, Monsanto Company (now Bayer CropScience), Groupe Limagrain Holding SA, La Tourangelle Inc., BIO PLANETE Olmuhle Moog GmbH, Seed Co Limited, Roland Foods LLC, OPW Ingredients GmbH, Groupe Limagrain SA, Bayer AG, KWS SAAT SE & Co. KGaA, Syngenta Crop Protection AG, Provital Group, Chenguang Biotech Group Co Ltd., United Genetics Seeds Co., Pioneer Hi-Bred International Inc., Delta and Pine Land Company

North America was the largest region in the oilseeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oilseeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the oilseeds market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The oilseed market consists of sales of groundnut, rapeseed & mustard, soybean, sunflower, sesame, safflower and castor and linseed. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10495

1. Executive Summary

2. Oilseeds Market Characteristics

3. Oilseeds Market Trends And Strategies

4. Oilseeds Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Oilseeds Market Size and Growth

5.1. Global Oilseeds Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Oilseeds Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Oilseeds Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Oilseeds Market Segmentation

6.1. Global Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Copra
Cottonseed
Palm Kernel
Peanut
Rapeseed
Soybean
Sunflower Seed
Other Oilseed Types
6.2. Global Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Oilseed Meal
Vegetable Oil
Other Applications
6.3. Global Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Food Industry
Personal Care and Cosmetic
Pharmaceutical
Other End Users

7. Oilseeds Market Regional And Country Analysis

7.1. Global Oilseeds Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Oilseeds Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Oilseeds Market

8.1. Asia-Pacific Oilseeds Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Oilseeds Market

9.1. China Oilseeds Market Overview
9.2. China Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Oilseeds Market

10.1. India Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Oilseeds Market

11.1. Japan Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Oilseeds Market

12.1. Australia Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Oilseeds Market

13.1. Indonesia Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Oilseeds Market

14.1. South Korea Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Oilseeds Market

15.1. Western Europe Oilseeds Market Overview
15.2. Western Europe Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Oilseeds Market

16.1. UK Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Oilseeds Market

17.1. Germany Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Oilseeds Market

18. 5. France Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Oilseeds Market

19. 9. Italy Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Oilseeds Market

20.13. Spain Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Oilseeds Market

21.1. Eastern Europe Oilseeds Market Overview
21.2. Eastern Europe Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Oilseeds Market

22.1. Russia Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Oilseeds Market

23.1. North America Oilseeds Market Overview
23.2. North America Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Oilseeds Market

24.1. USA Oilseeds Market Overview
24.2. USA Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Oilseeds Market

25.1. Canada Oilseeds Market Overview
25.2. Canada Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Oilseeds Market

26.1. South America Oilseeds Market Overview
26.2. South America Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Oilseeds Market

27.1. Brazil Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Oilseeds Market

28.1. Middle East Oilseeds Market Overview
28.2. Middle East Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Oilseeds Market

29.1. Africa Oilseeds Market Overview
29.2. Africa Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Oilseeds Market Competitive Landscape And Company Profiles

30.1. Oilseeds Market Competitive Landscape
30.2. Oilseeds Market Company Profiles
- 30.2.1. The Archer Daniels Midland Company
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. BASF SE
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Burrus Seed Farm LLC
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Cargill Incorporated
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. Corteva Agriscience
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Oilseeds Market Competitive Benchmarking

32. Global Oilseeds Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Oilseeds Market

34. Oilseeds Market Future Outlook and Potential Analysis

34.1 Oilseeds Market In 2028 - Countries Offering Most New Opportunities
34.2 Oilseeds Market In 2028 - Segments Offering Most New Opportunities
34. 3 Oilseeds Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer