Oilseed processing market is projected to witness a compound annual growth rate of 5.81% over the forecast period to grow to US$188.52 billion in 2023, from US$138.34 billion in 2017. The market is primarily driven by the rising demand for oilseed-based processed products. Rapid urbanization coupled with growing purchasing power and concerns about health and fitness among consumers drive the demand for oilseed processed products. Moreover, growing livestock industry owing to rising demand for quality dairy products and increasing meat consumption further contributes to the growth of oilseed processing market. However, the price instability acts as a restraint to the oilseed market growth. Geographically, Asia Pacific accounted for a large market share in 2016 and is expected to hold a notable position by the end of forecasted period. The presence of rapidly developing economies like India and China accounting for large population base within the region drive the oil seed processed products while augmenting its market growth. The growing demand for biodiesel owing to rapid industrialization and urbanization further contributes to the regional market growth.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the oilseed processing value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are AG Processing Inc, Archer Daniels Midland Company, Bunge Limited, Burrus Seed Farm, Cargill, CHS Inc, Efko Group, Wilmar International Ltd, Buhler AG, and Louis Dreyfus Company.
Middle East and Africa