Global 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 Toleran

Global 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 Regional Forecasts 2022-2032

Global Oilseeds Market is valued approximately USD 249.05 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.13% over the forecast period 2024-2032. Oilseeds are seeds that contain oil in significant quantities, which can be extracted through mechanical or chemical processes. These seeds include soybeans, rapeseed (canola), sunflower seeds, cottonseed, peanuts, and others. Major products derived from oilseeds include vegetable oils, meal, biodiesel, and other industrial uses. The growing emphasis on renewable energy sources, coupled with government mandates and incentives for biofuel production, was leading to increased cultivation of oilseeds for biofuel feedstock, mainly in regions such as United States, Brazil, and the European Union. Thus, this trend further provide growth for the Global Oilseeds Market during the forecast period.

Shifts in dietary habits are significantly driving the demand for the Global Oilseeds Market. As populations expand and incomes rise, particularly in emerging economies, there is significant transition towards diets rich in oils and protein. Urbanization further accelerates this driver as urban dwellers tend to consume more processed foods and vegetable oils. This shift is propelled by factors such as convenience, changing lifestyles, and the influence of Western dietary patterns. Moreover, growing awareness of health and nutrition is prompting consumers to seek out oils perceived as healthier, such as those high in unsaturated fats or with specific functional properties. Furthermore, cultural factors and culinary preferences contribute to the increased consumption of oilseed-derived products in various cuisines worldwide. This demand for oils and protein-rich meal from oilseeds is expected to continue rising as dietary habits change and global populations grow. However, Weather Conditions and a Fluctuations in the prices of inputs such as fertilizers, pesticides, can stifle market growth between 2022 and 2032.

The key regions considered for the Global Oilseeds Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia Pacific was the largest regional market in terms of revenue. Several countries in the Asia Pacific region, such as China, India, Indonesia, Malaysia, and Thailand, are major producers of oilseeds like soybeans, rapeseed, sunflower seeds, and palm oil. These countries often have vast agricultural areas suitable for oilseed cultivation. According to the India Trade Portal, globally India is the 4th major oilseeds producer accounting for 10% of global oilseed production and globally has 20.8% total area under oilseed cultivation. Furthermore, Palm oil is one of the major oilseeds products in the Asia Pacific, with Indonesia and Malaysia being one of the largest producers globally. The market in North America is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:
Archer Daniels Midland Company (ADM)
BASF SE
Bayer AG
Burrus Seed LLC
Cargill, Incorporated
Corteva Agriscience
Gansu Dunhuang Seed Industry Group Co., Ltd
Kws Saat SE & Co. KGaA
Mahyco Private Limited
Syngenta Crop Protection AG

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:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

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 regional 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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