North America Oilseed Market

North America Oilseed Market Size

The North American oilseed market was valued at USD 108.57 billion in 2024 and is anticipated to reach USD 113.97 billion in 2025, from USD 168 billion by 2033, growing at a CAGR of 4.97% during the forecast period from 2025 to 2033.

The seeds of a plant, when used as a source of vegetable oil, are called oilseeds. Though oil can be extracted from many parts of the plant, seeds are primarily used for commercial purposes. Oil is extracted from seeds by a machine known as an oilseed press. Over time, several oilseed presses have been designed to improve efficiency and the process cost-effective

Vegetable oils are generally used as ingredients in food to improve the texture and to impart certain flavors. Some of the oils with high flash ppointssuch as sunflower oil and soybean oil, are used as cooking oils. Apart from its applications in cooking, vegetable oils are used in making soaps, perfumes, and cosmetic products. They are also used as biofuels and in the manufacture of some pet foods.

MARKET DRIVERS AND RESTRAINTS

The increase in the consumption of vegetable oils for cooking purposes and the growing food industry are the major factors driving the oilseed market. Reduction in prices due to the new processing equipment and development of an effective extraction process, high penetration of retail and wholesale distribution channels in rural as well as urban areas, are propelling the oilseed market. Stringent government regulations on manufacturing and exports, and loopholes in distribution channels, are restraining the growth of the market.

REPORT COVERAGE

SEGMENT ANALYSIS

By Type Insights

Soybean leads the oilseed market, and it is also expected to be the fastest-growing market segment. It is due to its higher production and increased demand for household consumption.

By Application Insights

Household consumption is the largest application of oilseeds and due to the rapidly growing food service industry. The food service application is the fastest-growing market segment. Also, due to the increasing focus on alternative fuel sources, the use of vegetable oils as biofuels is rising significantly.

KEY MARKET PLAYERS

Dow AgroSciences, Gansu Dunhuang Seed Co Ltd, Syngenta, Burrus Seed Farm, Farm Ölmühle Hamburg, Hefei Fengle Seed Co Ltd, Diester Industrie, Land O’Lakes Inc, Green BioFuels Corporation, President Rice Product, and Acecook Vietnam are the market players that are dominating the North America oilseed market.

MARKET SEGMENTATION

This research report on the North America Oilseed market is segmented and sub-segmented into the following categories

By Type

• Rapeseed
• Cottonseed
• Soybeans
• Groundnuts
• Canola
• Palm Kernels
• Sunflower seed
• Safflower seed
• others

By Application

• Household Consumption
• Bio-fuels
• Foodservice
• others

By Biotech Trait

• Insecticide resistant
• herbicide-tolerant
• other traits

By Country

• U.S.A
• Canada
• Mexico
• Rest of North America