Asia Pacific Oilseeds Market Size study, 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

Asia Pacific Oilseeds Market Size study, 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) and Country Forecasts 2022-2032

Asia Pacific Oilseeds Market is valued at approximately USD 87.17 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.09% over the forecast period 2024-2032. Oilseeds are crops primarily grown to extract oil from their seeds, which are used for cooking, industrial purposes, and in the production of biodiesel. The extracted oils are also utilized in the production of various food products, cosmetics, and pharmaceuticals. Once the oil is extracted, the remaining seed residue, known as oilcake or meal, is often used as animal feed due to its high protein content. Furthermore, trends such as growing consumer preference for healthier oils such as soybean oil and sunflower oil due to increased health consciousness across the region further help in growth of the Asia Pacific Oilseeds Market during the forecast period 2024-2032.

The increasing population across the Asia Pacific region provide one of the primary drivers propelling the demand for Asia Pacific Oilseeds Market. As populations rises in densely populated countries such as China and India, the need for essential food commodities escalates, including edible oils and protein-rich meals derived from oilseeds. There is a consistent uptick in the consumption of cooking oils and livestock feed, which are predominantly sourced from oilseed crops such as soybeans, rapeseed, and sunflower seeds. Furthermore, rapid urbanization and economic growth further exacerbate this demand surge, as urban lifestyles and higher disposable incomes lead to shifts in dietary preferences. Consumers increasingly seek healthier options, favoring oils perceived as beneficial for their health, such as soybean oil and olive oil. Thus, the Asia Pacific Oilseeds Market is driven by the nutritional needs of a rapidly expanding population, with demand projected to continue its upward trajectory in the foreseeable future, there is increasing demand for Oilseeds across the Asia Pacific region. However, environmental impact of oilseed cultivation and a water scarcity and pollution can stifle market growth between 2022 and 2032.

The key Countries considered for the Asia Pacific Oilseeds market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the dominating regional market in terms of revenue. China is one of the largest consumers and importers of oilseeds, primarily soybeans. The country's demand for oilseeds is driven by its vast population and the need for edible oils, as well as feedstock for its booming livestock and poultry industries. Soybeans are the most significant oilseed crop in China, both in terms of production and consumption. China relies heavily on imported soybeans to meet its demand for soybean oil, soy protein for animal feed, and other soy-based products. As a result, these factors help in driving demand for the Asia Pacific Oilseed Market. The market in India is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:
Gansu Dunhuang Seed Industry Group Co., Ltd
Mahyco Private Limited
Oilseeds International, Ltd.
Company 4
Company 5
Company 6
Company 7
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Company 10
The detailed segments and sub-segment of the market are explained below:

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:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

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