The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Oilseeds by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Oilseeds, 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 in the historic period can be attributed to demand for edible oils, population growth, changing diets, trade policies, 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 increasing utilization of oilseeds in animal feed is expected to drive the growth of the oilseed market. Oilseeds are a valuable source of various nutrients, including oil, fatty acids, vitamins, minerals, protein, and fiber. The oil extracted from oilseeds is often used for various purposes, and the nutrient-rich residue, in the form of oilcake or meals, is utilized in animal feed. This practice contributes to enhancing the quality of milk produced by dairy farm animals and reduces overall feed requirements. For instance, the United States Department of Agriculture (USDA) reported that the global production of oil meal reached approximately 18.5 metric tons in 2021. In India, a significant portion (70-80%) of the total oilseed supply is crushed to produce meal, which is predominantly used as animal feed on farms. Consequently, the increasing use of oilseeds in animal feed is a key driver for the growing demand in the oilseed market.
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The oilseeds market covered in this report is segmented –
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
Top Major Players
The Archer Daniels Midland Company,
BASF SE,
Burrus Seed Farm LLC,
Cargill Incorporated,
Corteva Agriscience
The oilseeds market report table of contents includes:
1. Executive Summary
- Oilseeds Market Characteristics
- Oilseeds Market Trends And Strategies
- Oilseeds Market – Macro Economic Scenario
- Global Oilseeds Market Size and Growth
- Oilseeds Market Segmentation
- Oilseeds Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Oilseeds Market
- Oilseeds Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Oilseeds Market, Segmentation By Oilseed Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Oilseeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Oilseeds Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: The Archer Daniels Midland Company Financial Performance
Table 75: BASF SE Financial Performance
Table 76: Burrus Seed Farm LLC Financial Performance
Table 77: Cargill Incorporated Financial Performance
Table 78: Corteva Agriscience Financial Performance
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