Brief Excerpt from Industry Overview Chapter:Companies in this industry grow and harvest soybeans and other oilseed-producing plants, such as sunflower, safflower, flax, sesame, and canola (also known as rapeseed). No major companies dominate the industry.COMPETITIVE LANDSCAPEDemand is driven by trends in food consumption. The profitability of individual companies depends on efficient operations. Large companies have advantages in purchasing land and equipment. Small operations can compete effectively by specializing in organic and heirloom oilseeds.PRODUCTS, OPERATIONS & TECHNOLOGYThe industry's primary product is soybeans, which account for about 90% of US oilseed farming production. Other products include sunflower seed, canola (also known as rapeseed), flaxseed, and safflower.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook