Global Oilseeds Market Size, Trends, and Growth Opportunity, By Oilseed Type (Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Seed), By Product (Animal Feed and Edible Oil), By Breeding Type (Genetically Modified and Conventional), and By Biotech Trait (Herbicide Tolerant, Insecticide Resistant, and Other Stacked Trait), By Region and Forecast to 2030.
Global Oilseeds Market
The Global Oilseeds Market was valued at USD 293.56 billion in 2022 and is expected to reach 450.52 billion by 2030, at a CAGR 5.49% during the forecast period 2023- 2030.
Oilseeds are seeds that are used to grow oil-producing plants including canola, sunflower, soybean, and cotton. The seeds, nuts, or fruits of these oil crops are either eaten as food or crushed to extract oil for use in food, biofuel, oleochemicals, and other sectors. Farmers are investing more in the production of oil crops with high-quality oilseeds as a result of the ongoing increase in demand for oilseed extracts.
Market Drivers
Increased soybean consumption and the high production of the crop in developing nations like Brazil, Argentina, and others are the main drivers of market expansion. Additionally, it is projected that the growing adoption of genetically modified (GM) oilseeds and their extensive cultivation will support the expansion of the oilseeds industry.
Commercial oilseed farmers frequently use biotech characteristics to provide greater yielding seeds for the most widely cultivated crops throughout the world, including soybean, cottonseed, rapeseed, and others. The introduction of genetically modified (GM) seeds with features that lower the cost of managing crop biotic stressors including weeds, insects, and microbial pests is the primary engine for improving farm economics.
Market Restraints
The new plant biotechnology traits' long growing seasons and decreased planting rates will serve as the main market limitations which is anticipated to hinder the market growth during the forecast period. Government laws and shifting weather patterns will also be key short-term obstacles to market expansion.
Market Segmentation
Global Oilseeds Market is segmented into Oilseed Type, Product, Breeding Type, and Biotech Trait.
Based on Oilseed Type, the market is classified into Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Seed.
Based on Product, the market is divided into Animal Feed and Edible Oil.
Based on Breeding Type, the market is bifurcated into Genetically Modified and Conventional.
Based on Biotech Trait, the market is segmented into Herbicide Tolerant, Insecticide Resistant, and Other Stacked Trait.
Regional Analysis
The Global Oilseeds Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
With a significant market share, North America will dominate the oilseed market. This is brought on by the increased usage of cooking oil in everyday cooking, which boosts the production of oilseeds. Additionally, the United States has boosted its soybean production, which is causing the rise in soybean oil consumption to speed up market expansion. The world's top soybean producer and second-largest exporter is the United States. 90% of the US oilseed production was soybeans.
However, due to the expanding food processing sector and rising soybean production, the Asia-Pacific region is anticipated to have the fastest-growing market during the forecast period.
Key Players
Various key players are discussed in the Global Oilseeds Market Report including: Archer Daniels Midland Company, BASF SE, Bayer AG, Burrus Seed Farms, Inc, Cargill Incorporated, Corteva Agriscience, Gansu Dunhuang Seed Industry Group Co., Ltd., KWS SAAT SE & Co., Mahyco Seeds Ltd, and Syngenta Crop Protection AG.
In December 2021, Crystal Crop Protection Limited, which is an India-based agrochemical company, acquired the seeds business of Bayer AG for an undisclosed amount. This procurement contains seeds of mustard, pearl millet, cotton, and grain sorghum hybrids. Crystal Crop hopes to rank among the leading corporations' seed businesses with this acquisition. And also, the acquisition would make it a strong integrated Agri-Input player and strengthen the field crop seed business.
Market Taxonomy
By Oilseed Type
• Copra
• Cottonseed
• Palm Kernel
• Peanut
• Rapeseed
• Soybean
• Sunflower Seed
By Product
• Animal Feed
• Edible Oil
By Breeding Type
• Genetically Modified
• Conventional
By Biotech Trait
• Herbicide Tolerant
• Insecticide Resistant
• Other Stacked Trait
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Oilseeds Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Oilseeds Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Oilseeds Market, By Oilseed Type
5.1 Y-o-Y Growth Comparison, By Oilseed Type
5.2 Global Oilseeds Market Share Analysis, By Oilseed Type
5.3 Global Oilseeds Market Size and Forecast, By Oilseed Type
5.3.1 Copra
5.3.2 Cottonseed
5.3.3 Palm Kernel
5.3.4 Peanut
5.3.5 Rapeseed
5.3.6 Soybean
5.3.7 Sunflower Seed
6 Global Oilseeds Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Oilseeds Market Share Analysis, By Product
6.3 Global Oilseeds Market Size and Forecast, By Product
6.3.1 Animal Feed
6.3.2 Edible Oil
8 Global Oilseeds Market, By Breeding Type
8.1 Y-o-Y Growth Comparison, By Breeding Type
8.2 Global Oilseeds Market Share Analysis, By Breeding Type
8.3 Global Oilseeds Market Size and Forecast, By Breeding Type
8.3.1 Genetically Modified
8.3.2 Conventional
9 Global Oilseeds Market, By Biotech Trait
9.1 Y-o-Y Growth Comparison, By Biotech Trait
9.2 Global Oilseeds Market Share Analysis, By Biotech Trait
9.3 Global Oilseeds Market Size and Forecast, By Biotech Trait
9.3.1 Herbicide Tolerant
9.3.2 Insecticide Resistant
9.3.3 Other Stacked Trait
10 Global Oilseeds Market, By Region
10.1 Global Oilseeds Market Share Analysis, By Region
10.2 Global Oilseeds Market Size and Forecast, By Region
11 North America Oilseeds Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 North America Oilseeds Market Share Analysis, By Oilseed Type
11.3 North America Oilseeds Market Size and Forecast, By Product
11.4 North America Oilseeds Market Size and Forecast, By Breeding Type
11.5 North America Oilseeds Market Size and Forecast, By Biotech Trait
11.6 North America Oilseeds Market Size and Forecast, By Country
11.6.1 U.S.
11.6.2 Canada
11.6.3 Mexico
12 Europe Oilseeds Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Europe Oilseeds Market Share Analysis, By Oilseed Type
12.3 Europe Oilseeds Market Size and Forecast, By Product
12.4 Europe Oilseeds Market Size and Forecast, By Breeding Type
12.5 Europe Oilseeds Market Size and Forecast, By Biotech Trait
12.6 Europe Oilseeds Market Size and Forecast, By Country
12.6.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Oilseeds Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Asia Pacific Oilseeds Market Share Analysis, By Oilseed Type
13.3 Asia Pacific Oilseeds Market Size and Forecast, By Product
13.4 Asia Pacific Oilseeds Market Size and Forecast, By Breeding Type
13.5 Asia Pacific Oilseeds Market Size and Forecast, By Biotech Trait
13.6 Asia Pacific Oilseeds Market Size and Forecast, By Country
13.6.1 China
13.6.2 Japan
13.6.3 India
13.6.4 Rest of Asia Pacific
14 Latin America Oilseeds Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Latin America Oilseeds Market Share Analysis, By Oilseed Type
14.3 Latin America Oilseeds Market Size and Forecast, By Product
14.4 Latin America Oilseeds Market Size and Forecast, By Breeding Type
14.5 Latin America Oilseeds Market Size and Forecast, By Biotech Trait
14.6 Latin America Oilseeds Market Size and Forecast, Country
14.6.1 Brazil
14.6.2 Rest of Latin America
15 Middle East Oilseeds Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Middle East Oilseeds Market Share Analysis, By Oilseed Type
15.3 Middle East Oilseeds Market Size and Forecast, By Product
15.4 Middle East Oilseeds Market Size and Forecast, By Breeding Type
15.5 Middle East Oilseeds Market Size and Forecast, By Biotech Trait
15.6 Middle East Oilseeds Market Size and Forecast, By Country
15.6.1 Saudi Arabia
15.6.2 UAE
15.6.3 Egypt
15.6.4 Kuwait
15.6.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Archer Daniels Midland Company
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 BASF SE
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Bayer AG
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Burrus Seed Farms, Inc.
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Cargill Incorporated
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Corteva Agriscience
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Gansu Dunhuang Seed Industry Group Co., Ltd.
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 KWS SAAT SE & Co.
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Mahyco Seeds Ltd
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Syngenta Crop Protection AG.
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies
