The Oilseed Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Oilseed Market is estimated to be USD xxx billion in 2016 and predicted to rise to USD xxx billion by 2021 with a CAGR of xx%. The market is segmented by Type (Rapeseed, Cottonseed, Soybeans, Groundnuts, Canola, Palm Kernels, Sunflower seed, Safflower seed and Others), by Application (Household Consumption, Bio-fuels, Food service and Others), by Biotech Trait (Insecticide Resistant, Herbicide Tolerant and Other Traits). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Increase in the consumption of vegetable oils for cooking purposes and growing food industry are the major factors driving the oilseed market. Reduction in prices due to the new processing equipment and development of 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.
Based on the type, 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. On the basis of application, Household consumption is the largest application of oilseeds and due to the rapidly growing food service industry. Food service application is the fastest growing market segment. Also, due to the increasing focus on alternate fuel sources, use of vegetable oils as bio fuels is rising significantly
North America leads the oilseed market as U.S is the largest producer of Oilseeds in the world. Asia Pacific is the fastest growing market for oilseeds due to the large production of oil seeds by India and China and large consumption of vegetable oils as well.
Some of the major players in Oilseed market are Dow AgroSciences, Gansu Dunhuang Seed Co Ltd, Syngenta, Burrus Seed farm, ADM Ölmühle Hamburg, Hefei Fengle Seed Co Ltd, Diester Industrie, Land O’Lakes Inc, Green BioFuels Corporation, President Rice Products and Acecook Vietnam.
Browse through the full report at https://www.marketdataforecast.com/market-reports/oilseed-market-5738/ and checkout our recent reports in the Seeds category at https://www.marketdataforecast.com/subcategory/seeds-13/ For more insights and up-to-date industry news don’t forget subscribing to our newsletters.