DUBLIN--(BUSINESS WIRE)--The "Oilseeds Market by Oilseed Type - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global oilseeds market is expected to garner $255,213 million by 2023, from $215,696 million in 2016, registering a CAGR of 2.5% from 2017 to 2023.
Oilseeds are grown primarily for obtaining oil. The major sources of edible oils are copra, cottonseed, palm kernel, peanut, rapeseed, soybean, and sunflower seed. Oil is extracted either by mechanical extraction processes in oil mills or by chemical extraction using solvents. For example, the oil content in seeds ranges from 20% for soybean and 40% for sunflowers and rapeseed.
In 2016, the soybean segment accounted for approximately three-fifths share of the global market in terms of volume. Increase in the consumption of soybean, owing to its increased application in the production of edible oil, fatty acids, soaps, biodiesels, and animal feed is expected to drive the market growth. Further, increase in production of soybean in Brazil, Argentina, and others propel the market growth. In addition, surge in the global population has led to increase in demand for edible oils for preparing food products.
Moreover, supportive government policies to increase agricultural production of oil fuel the market growth. In addition, advancements in seed technologies and biotech traits, such as herbicide tolerant, insecticide resistant, and other stacked trait, are anticipated to supplement the market growth.
- Archer Daniels Midland Company
- Bayer Cropscience AG
- Burrus Seed Farm
- Dow Agrosciences LLC.
- E. I. du Pont de Nemours and Company
- Gansu Dunhuang Seed Co. Ltd.
- Hefei Fengle Seed Co. Ltd.
- Krishidhan Seeds Pvt. Ltd.
- KWS Saat AG
- Syngenta AG
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Global Oilseeds Market, By Oilseed Type
Chapter 5. Global Oilseeds Market, By Product
Chapter 6. Global Oilseeds Market, By Type
Chapter 7. Global Oilseeds Market, By Biotech Trait
Chapter 8. Global Oilseeds Market, By Geography
Chapter 9. Company Profiles
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