PUBLISHER: The Business Research Company | PRODUCT CODE: 1668464
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668464
Oilseed and grain seed encompass cereals suitable for human consumption, utilized either as feed grains or for oil production.
The primary segments within the oilseed and grain seed market revolve around these categories oilseed and grain seed. Oilseed denotes crops or seeds cultivated explicitly for oil extraction, serving as a crucial dietary component. Biotech traits associated with these seeds encompass herbicide tolerance, insecticide resistance, among others. These traits are distributed via diverse channels such as aftermarket avenues or through manufacturers, distributors, and service providers. They cater to applications across feed, food, industrial, agricultural industries, and the oil market.
The oilseed and grain seed market research report is one of a series of new reports from The Business Research Company that provides oilseed market and grain seed market statistics, including the oilseed market and grain seed market industry's global market size, regional shares, competitors with an oilseed market and grain seed market share, detailed oilseed market and grain seed market segments, market trends, and opportunities, and any further data you may need to thrive in the oilseed market and grain seed market industry. This oilseed market and grain seed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The oilseed and grain seed market size has grown rapidly in recent years. It will grow from$120.31 billion in 2024 to $138.14 billion in 2025 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to global population growth, government subsidies and support, a shift in dietary preferences, globalization of food trade, climate and weather patterns, and investment in agriculture infrastructure
The oilseed and grain seed market size is expected to see rapid growth in the next few years. It will grow to $224.69 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to the demand for functional and specialty grains, focus on crop resilience and adaptation, development of high-oleic varieties, increasing use of precision agriculture, and consumer awareness of nutritional benefits. Major trends in the forecast period include the integration of digital farming practices, seed treatment technologies, genetically modified (GM) seed adoption, biological seed treatments, traceability, and quality assurance.
The increasing demand for food is projected to drive the growth of the oilseed and grain seed market in the future. Food is defined as substances that supply essential nutrients such as protein, carbohydrates, fats, and others that support the growth and functioning of organisms. Oilseed and grain seeds are vital cereals that not only serve as human food but also yield oil. For example, a report released by the World Food Programme, a humanitarian organization based in Italy, indicated that in 2022, a record 349 million people around the globe experienced acute hunger, with 772,000 individuals nearing famine. Thus, the rising demand for food is fueling growth in the oilseed and grain seed market.
The growth of trade is anticipated to boost the oilseed and grain seed market in the future. Trade involves the buying and selling of goods and services among individuals, businesses, or countries, usually with money exchanged for these goods or services. Oilseed and grain seeds are critical commodities traded between nations for various purposes, including food production, agriculture, and industry. For example, the United Nations Conference on Trade and Development, an intergovernmental organization based in Switzerland, reported that global trade reached approximately $32 trillion in 2022, reflecting a 12% increase from the previous year, largely driven by rising commodity prices and inflationary pressures. As a result, the expansion of trade is supporting the growth of the oilseed and grain seed market.
Technological advancements stand as a prominent trend shaping the oilseed and grain seed market. Leading companies are introducing innovative technologies to bolster their market positions. For instance, in September 2022, Syngenta launched a pioneering tool utilizing satellite images to detect harmful nematodes, aiding in soybean crop protection from pests. This digital tool, equipped with a unique algorithm, identifies areas with high infestations, estimating potential crop losses-a significant leap in pest management technology.
Major players in this market are dedicated to developing novel wheat varieties, offering growers diverse options to enhance yields and bolster market revenues. In October 2022, BASF, in collaboration with its commercial partner, introduced two new wheat varieties, Kingston and Reilly, tailored for the upcoming 2023 season in Australia. Kingston caters to medium to higher rainfall zones, offering high yields, robust straw strength, and minimal residues. Meanwhile, Reilly provides rust management and resilience in low to medium-rainfall environments, addressing varied grower needs across different regions. These innovative varieties signify a strategic drive toward enhanced crop productivity and market competitiveness.
In January 2023, Cargill Incorporated, a US-based global food corporation acquired Owensboro Grain Company for an undisclosed amount. The acquisition provides Cargill with a more connected, resilient, and modernized grain experience to provide customers in different markets and increase grain capacity. Owensboro Grain Company LLC is a US-based integrated company involved in soybean processing facility and refinery.
Major companies operating in the oilseed and grain seed market include Gansu Dunhuang Seed Co. Ltd., Hefei Fengle Seed Co. Ltd., Krishidhan Seeds Pvt. Ltd., Mahyco Private Limited, The Monsanto Company, Nuziveedu Seeds Ltd., BASF SE, Burrus Seed Farms Inc., Rallis Ltd., Seed Co. Group, Cargill Incorporated, Stine Seed Company, KWS Saat AG, CHS Inc., Mountain States Oilseeds LLC, Bayer AG, Louis Dreyfus Company, Dow Inc., Archer Daniels Midland Company, Soni Soya Products Limited, Kanematsu Corporation, AGT Food and Ingredients, Land O'Lakes Inc., Groupe Limagrain, Oilseeds International Ltd., Wilmar International Ltd., Cootamundra Oilseeds Pty. Ltd., Bora Agro Foods Pvt. Ltd., ETG Agro Private Ltd., Pacific Seed Company
North America was the largest region in the oilseed and grain seed market in 2024. The regions covered in the oilseed and grain seed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the oilseed and grain seed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The oilseed and grain seed market consists of sales of canola, barley, oats, rye, quinoa, flax, canary seed, mustard, sunflower, and buckwheat. 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.
Oilseed And Grain Seed Global Market Report 2025 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 oilseed and grain seed 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.
Where is the largest and fastest growing market for oilseed and grain seed ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oilseed and grain seed 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.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.