Knowledge Sourcing Intelligence announces the publication of a new report on “Oilseed Processing Market -Forecasts from 2020 to 2025" to their offering.
Oilseed Processing is a technique used for preparing different oilseeds such as soybean, rapeseeds, and sunflower seeds among others by using different methods. Some of the methods include drying, tempering, heating among others, which are different for each oilseed.
According to the report, the Oilseed Processing Market is estimated to grow at a CAGR of 5.15% over the forecast period 2019 to 2025.
The improving purchasing power of the individuals uses to the rising urbanization and the availability of new jobs in leading to an increase in the demand for batter quality food ingredients and leading to market growth
Due to the rising urbanization and industrialization, the industry standards are improving, improving, the requirement for better and advanced equipment adhering to the ISO and ANSI standards. Moreover, the new job is made available are facilitating an increase in the spending power of the people, which is allowing them to spend on good quality oilseeds to prepare and come healthier food. Therefore, these factors are leading to an increased demand, which is, in turn, is augmenting the market growth.
The North American region holds a significant market share due to the increasing investments in research and development and the Asia Pacific region to show growth at a noteworthy pace owing to a rise in the number of older individuals
The North American region is estimated to hold a considerable market share and maintain its market position throughout the forecast period, which is attributable to the fact that the there has been a rapid rise in the industrialization and urbanization, which has led to the availability of new job n also end an increasing spending power among the pope. This has allowed them to spend more on premium quality of foods and food ingredients. In addition, there is increasing adoption of machines and processing equipment in the food and beverage industries. The Asia Pacific region is estimated to increase its market share over the forecast period owing to the fact that the disposable income the individuals is increasing and allowing the population to spend more on premium quality ingredients.
The major players covered as part of the report 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.
This report has segmented the Oilseed Processing marketon the basis following terms.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/oilseed-processing-market