• global oilseed processing market outlook 2025 -2025 in Cape Town
  • global oilseed processing market outlook 2025 -2025 in Cape Town
  • global oilseed processing market outlook 2025 -2025 in Cape Town
  • global oilseed processing market outlook 2025 -2025 in Cape Town
  • What is the global oilseed market size in 2022?
  • The global oilseed market size was valued at USD 239.04 billion in 2022 and it is projected to be worth around USD 359.7 billion by 2032 making a CAGR of 4.2% during the forecast period 2023 to 2032. Asia-Pacific contributed more than 34.87% of revenue share in 2022.
  • Which countries are leading the oilseed market in 2022?
  • Asia-Pacific leads the oilseed market with a large market share of 34.87% in 2022 due to the growing food processing industry and increasing soybean production. India is considered the 4th largest producer of oilseeds and about 39.46 million tons of oilseeds were produced in 2018.
  • What drives the growth of the oilseeds market?
  • Some of the reasons driving the growth of the oilseeds market include the need for healthy and organic oilseed-processed goods, public-private collaborations in varietal development, and molecular breeding in oilseeds. Sunflower seeds are used for the purpose of producing sunflower oil.
  • Which product segment will grow fastest in 2022?
  • By Product Type, the sunflower segment is predicted to grow at the fastest CAGR over the projected period. By End User, the animal feed segment had the largest market share of 56.48% in 2022. By Biotech Trait, the herbicide tolerant segment captured the largest market share of 40.91% in 2022.
  • Why did North America hold a market share in 2022?
  • However, North America held a market share of 30.19% in 2022. This is due to the increased use of cooking oil in regular cooking, which increases oilseed production. Moreover, soybean production in the United States has increased, so the growth in soybean oil consumption is continuing to accelerate the growth of the market.