Oilseeds - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Oilseeds Market is accounted for $233.64 billion in 2018 and is expected to reach $429.54 billion by 2027 growing at a CAGR of 7.0% during the forecast period. While the factors like growing demand for protein meals, growing usage of oilseeds in animal feed, and increasing demand from the biodiesel sector are driving the growth of the market. However, price fluctuation in oilseeds is restraining the market growth.
Oilseeds are seeds grown primarily for the production of edible oils. Oilseeds contain high concentrations of energy and moderate concentrations of protein and fiber. Because of this, oilseeds are frequently used as an energy source in diets of lactating dairy cows. Processing whole oilseeds alters the site and extent of nutrient digestion and the production response when fed to lactating dairy cows. Meals from oilseeds are used as protein supplements for all classes of dairy cattle. The type of processing used to extract the oil from the oilseed influences the resulting nutrient content of the meal.
Based on oilseed type, soybean is likely to have a huge demand due to huge applications in the feed, food, and biodiesel industries. By geography, North America is estimated to have a lucrative growth due to increasing demand for oilseeds used mainly in the food and feed industries. Favorable trade and price support systems have encouraged trade in oilseeds in the US.
Some of the key players in Global Oilseeds market include Archer Daniels Midland, Bunge Limited, AGT Food and Ingredients, Cootamundra Oilseeds, Cargill, Wilmar International, Oilseeds International, Bühler Group, CHS Inc., Loius Dreyfus Company, Mountain States Oilseeds, Soni Soya Products Limited, Bora Agro Foods, Kanematsu Corporation, ETG Agro Private Limited, Bayer Crop Science AG, Burrus Seed Farm, Dow Agroscience LLC, and E. I. Du Pont De Nemours and Company.
• Genetically modified
• Edible Oil
• Animal Feed
Biotech Traits Covered:
• Insecticide Resistant
• Herbicide Tolerant
• Other Stacked Trait
Oilseed Types Covered:
• Palm Kernel
• Canola Seed
• Other Oilseed Types
• Vegetable Oil
• Oilseed Meal
End Users Covered:
• Household Consumption
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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