Oilseeds in South Africa

Oilseeds in South Africa

Summary

Oilseeds in South Africa 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 South African oilseeds market recorded revenues of $955.8 million in 2023, representing a compound annual growth rate (CAGR) of 2.7% between 2018 and 2023.
• The soybean segment accounted for the market's largest proportion in 2023, with total revenues of $550.2 million, equivalent to 57.6% of the market's overall value.
• According to the USDA, South Africa ranked 13th in the production of soybeans which is 0.5% of the global production in 2023, with a production volume of 2,140,000 Metric Tons.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oilseeds market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oilseeds market in South Africa
• 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 South Africa oilseeds market with five year forecasts

Reasons to Buy

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