Oilseeds in China

Oilseeds in China

Summary

Oilseeds in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Oilseeds are predominantly cultivated to obtain edible oils from their seeds. Oil can be obtained from Oilseeds by employing both mechanical and solvent-based extraction methods. Oilseeds are used in a variety of applications, including edible oils, animal feed, and industrial uses (biofuels). Both conventional and genetically modified oilseeds are within our scope.
• The Chinese oilseeds market recorded revenues of $53,606.7 million in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
• The soybean segment accounted for the market's largest proportion in 2023, with total revenues of $39,315.1 million, equivalent to 73.3% of the market's overall value.
• One of the primary driving factors for the oilseeds market is the global demand for edible oils. This demand is influenced by factors such as population growth, changing dietary habits, and urbanization. Additionally, economic growth and rising incomes in various regions contribute significantly, as higher purchasing power enables consumers to invest in higher-quality and healthier food options, including edible oils. For instance, the real GDP annual growth rate of China in 2023 stood at 5.2%, according to GlobalData.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oilseeds market in China
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oilseeds market in China
• Leading company profiles reveal details of key oilseeds market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the China oilseeds market with five year forecasts

Reasons to Buy

• What was the size of the China oilseeds market by value in 2023?
• What will be the size of the China oilseeds market in 2028?
• What factors are affecting the strength of competition in the China oilseeds market?
• How has the market performed over the last five years?
• Who are the top competitors in China's oilseeds market?