Global Oilseed Farming Market Major Players 2024, Forecast To 2033
17 Jan, 2024
The oilseed farming market has experienced rapid growth, ascending from $559.77 billion in 2023 to $631.85 billion in 2024, reflecting a notable 12.9% CAGR. Historical growth is attributed to the demand for edible oils, animal feed, biofuel production, and industrial applications, responding to global population growth. The market is projected to witness rapid growth, reaching $991.44 billion in 2028, fueled by health and wellness trends, biofuel expansion, plant-based protein, emerging markets' growth, and sustainable agriculture. Key trends encompass organic oilseeds, precision agriculture, non-GMO oilseeds, local production, and research and development.
Global Oilseed Farming Market Key Driver
The rising global population propels the oilseed market. Oilseeds contribute to food security, providing edible oils, protein, and potential biofuels. For instance, the US population increased by 0.21% in 2022, driving the demand for oilseeds to meet dietary needs and ensure food supply.
Get A Free Sample Of The Global Oilseed Farming Market ReportGlobal Oilseed Farming Market Segments
The oilseed farming market covered in this report is segmented –
1) By Type: Soybean Farming, Other Oilseed Farming
2) By Farming Process: Organic Oilseed Farming, Traditional Farming
3) By Application: Food Products, Feed, Industrial Products
By Geography: The regions covered in the oilseed farming market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
The Asia-Pacific was the largest region in the oilseed farming market in 2023. Western Europe was the second-largest region in the oilseed farming market. The regions covered in the oilseed farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Oilseed Farming Industry Players
Bunge Limited, Bayer AG, Corteva Inc., UPL Limited, Grupo Amaggi, Seaboard Corporation, Batu Kawan Berhad, Nutrien Ltd, Jardine Matheson Holdings Limited, KWS Saat SE, Archer Daniels Midland Company, Cargill Incorporated, Monsanto Company, DuPont Pioneer, Syngenta AG, Dow AgroSciences LLC, Wilmar International Limited, Sime Darby Plantation, Agrium Inc., The Mosaic Company, United Oilseeds, TerraVia Holdings, PGG Wrightson Seeds Limited, Croda International Plc, Pacific Seeds, GrainCorp Limited, Advanta Seeds, Euralis Semences S.A.S., Golden Agri-Resources, Neem Biotech, DLF Seeds A/S, DSV A/S, Sakata Seed Corporation, Rallis India Limited, Mahyco Private Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V., East-West Seed
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Oilseed Farming Market Overview
Oilseed refers to crops grown for the production of edible oil. Oilseed farming refers to primarily growing oilseed crops for the oil contained in the seeds. Oilseeds are rich in oils and are processed to extract vegetable oils used for various purposes.
Oilseed Farming Global Market Report 2023 provides data on the global oilseed farming market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The oilseed farming market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.