Global Oilseed Processing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Oilseed Processing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Oilseed processing is a process of crushing oilseeds to obtain oil for human consumption and biodiesel/fuel production, and the rest is processed into coarse powder for high-protein livestock and poultry feed. Processing steps vary greatly according to the type of oilseeds. One of the most important steps in oilseeds processing is conditioning and drying. After the seeds are harvested and cleaned, they need to be conditioned and dried. Proper adjustment and removal of water in seeds can improve the quality of peeling and oil extraction from seeds.

Market Overview:

The latest research study on the global Oilseed Processing market finds that the global Oilseed Processing market reached a value of USD 305504.42 million in 2022. It’s expected that the market will achieve USD 452344.06 million by 2028, exhibiting a CAGR of 6.76% during the forecast period.

The increasing demand for sunflower oil

Sunflower seed oil is a valuable healthy vegetable oil. Sunflower seed is a healthy, delicious snack and nutrient component in many foods. Sunflower seed oil is light in taste and appearance, and provides more vitamin E than any other vegetable oil. It is a combination of monounsaturated fat and polyunsaturated fat with low saturated fat content. Sunflower seed oil is valued for its frying performance and health benefits. Oil is the main value of sunflower seeds, and meal is considered as a by-product. Sunflower meal is an excellent feed for livestock, especially ruminants (cattle, goats and sheep). Sunflower seed oil has a wide range of uses, and the by-products produced in the processing process can be utilized. Oil seed processing can form an environmentally-friendly industrial chain and save the production cost of the company. The increasing demand for sunflower oil in the global market will promote the development of oil seed processing industry.

The market demand for high-quality oilseed processing products

Consumers have relatively fixed consumption habits. Enterprises guide consumers' healthy consumption by improving flavor concentration and quality. At present, the market demand for high-quality oilseed processing products is expanding, which puts forward higher requirements for oilseed processing technology and level. Small and medium-sized enterprises need to develop higher quality oilseed processing products to meet the challenges posed by consumers.

Region Overview:

In 2021, the share of the Oilseed Processing market in Asia Pacific stood at 38.57%.

Company Overview:

Bunge is one of the major players operating in the Oilseed Processing market, holding a share of 13.7% in 2022.

Bunge

Bunge is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Bunge provides the world with necessary food, feed and fuel. Bunge provides ingredients and know-how for some of the world's largest brands. Bunge's products, such as specialty oils and ground grains, are key ingredients in consumer and restaurant brands and in home kitchens around the world. Headquartered in St. Louis, Missouri, Bunge employs nearly 25,000 people worldwide.

Archer Daniels Midland

As one of the largest agricultural processors in the world, ADM is headquartered in Chicago, Illinois, connecting crops with markets in six continents. Daniels Linseed Co was founded in Minneapolis in 1902 and changed its name to Archer Daniels Midland Company in 1923.

Segmentation Overview:

By type, Soybean segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Food segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Oilseed Processing market covered in Chapter 3:

Louis Dreyfus Company
CHS Inc.
Archer Daniels Midland
Richardson International
Bunge
Itochu Corporation
AG Processing Inc.
Cargill

In Chapter 4 and Chapter 14.2, on the basis of types, the Oilseed Processing market from 2018 to 2029 is primarily split into:

Soybean
Rapeseed
Sunflower
Cottonseed
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Oilseed Processing market from 2018 to 2029 covers:

Food
Feed
Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)