Oilseeds Market
By Oilseed Type;
Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean and Sunflower SeedBy Product;
Animal Feed and Edible OilBy Breeding Type;
Genetically Modified and ConventionalBy Biotech Trait;
Herbicide Tolerant, Insecticide Resistant and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Oilseeds Market Overview
Oilseeds Market (USD Million)
Oilseeds Market was valued at USD 283,726.23 million in the year 2024. The size of this market is expected to increase to USD 375,379.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.
Oilseeds Market
*Market size in USD million
CAGR 4.1 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 4.1 % |
| Market Size (2024) | USD 283,726.23 Million |
| Market Size (2031) | USD 375,379.44 Million |
| Market Concentration | High |
| Report Pages | 354 |
Major Players
- Bhler Group
- Bunge Limited
- Wilmar International
- Loius Dreyfus Company
- AGT Food and Ingredients
- CHS Inc.
- Cootamundra Oilseeds
- Oilseeds International
- Mountain States Oilseeds
- Kanematsu Corporation
- Soni Soya Products Limited
- Bora Agro Foods
- ETG Agro Private Limited
- Crystal Crop Protection Ltd
- Bayer AG
- BASF
- Syngenta Seeds
- Cargill
- Bunge Limited
- Archer Daniels Midland Company (ADM)
- Evershining International Trading Co.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Oilseeds Market
Fragmented - Highly competitive market without dominant players
The oilseeds market is advancing rapidly, fueled by the rising popularity of plant-based proteins and vegetable oils. The market has posted a 5% rise in global production volumes, driven by advanced farming technologies and improved oil extraction methods. The increased focus on sustainability is another key factor propelling the growth of oilseed cultivation and processing.
Consumption Trends
The rising demand for vegetable oils and oilseed-derived meals has led to 4% and 3% growth, respectively, over the past year. The food and beverage sector is increasingly incorporating oilseed-based products for their nutritional benefits and versatility. Simultaneously, the cosmetic and biofuel industries are driving additional demand, broadening the market’s scope.
Technological Integration
Cutting-edge processing systems are enabling a 7% increase in oil extraction efficiency. Companies are embracing refining innovations and digital technologies to ensure high-quality outputs. The integration of automation and real-time monitoring is enhancing consistency and productivity across processing facilities, reinforcing market competitiveness.
Future Outlook
The oilseeds market is expected to sustain its 5% plus growth in the foreseeable future. Key drivers include growing health consciousness, increased biodiesel production, and diverse industrial applications. Strategic research and development efforts, combined with sustainable sourcing, are poised to reinforce market expansion and long-term stability.
Oilseeds Market Key Takeaways
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The Oilseeds Market is witnessing growth driven by increasing demand for vegetable oils, plant-based proteins, and sustainable agricultural commodities used in food and industrial applications.
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Rising adoption of high-yield hybrid seeds and biotechnology-driven cultivation is enhancing oilseed productivity and crop resilience.
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Expanding use of soybean, sunflower, and rapeseed in biofuel production supports the global renewable energy transition.
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Government initiatives promoting oilseed self-sufficiency are boosting domestic cultivation and agro-processing investments.
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Technological advancements in oil extraction and refining systems are improving yield efficiency and product quality.
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Growing focus on organic and non-GMO oilseeds aligns with consumer preferences for clean-label products and sustainable farming.
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Key industry players are strengthening supply chain integration, expanding export networks, and investing in value-added processing to increase profitability.
Oilseeds Market Recent Developments
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In October 2023, Louis Dreyfus Company acquired a grains and oilseeds warehouse in Argentina, boosting its storage capacity and enhancing its local supply‑chain resilience in South America.
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In July 2024, Bunge offered to divest its oilseed crushing and refining plants in Hungary and Poland to secure EU approval for its merger with Viterra, reinforcing regulatory compliance and global competitiveness.
Oilseeds Market Segment Analysis
In this report, the Oilseeds Market has been segmented by Oilseed Type, Product, Breeding Type, Biotech Trait, and Geography.
Oilseeds Market, Segmentation by Oilseed Type
The Oilseeds Market is segmented by Oilseed Type to capture the diversity in crop cultivation, oil extraction potential, and downstream applications. Each oilseed contributes uniquely to global edible oil and protein meal demand. Rising focus on sustainable agriculture and biofuel production is influencing planting patterns across major producing regions.
Copra
Copra is derived from dried coconut kernels and serves as a vital source for coconut oil production. The segment benefits from increasing demand for plant-based oils in food and cosmetics. Southeast Asia remains the dominant producer, with growing export potential due to health-conscious consumption trends.
Cottonseed
Cottonseed is a byproduct of cotton processing and is used for edible oil extraction and animal feed. It offers moderate oil content and plays a key role in regions emphasizing agricultural byproduct utilization, particularly in India and China.
Palm Kernel
Palm Kernel contributes significantly to industrial-grade oils and specialty fats. Driven by the expansion of palm plantations, this segment supports both food and biofuel industries. Sustainable sourcing initiatives are shaping trade patterns in Southeast Asia and Africa.
Peanut
Peanut or groundnut oilseed is valued for its high oil yield and nutritional benefits. It is gaining traction in food manufacturing and confectionery sectors, with rising adoption in Asia-Pacific markets due to healthy eating preferences.
Rapeseed
Rapeseed (canola) is a dominant oilseed known for its low saturated fat profile and versatility in both edible and industrial applications. European and Canadian producers are advancing hybrid varieties to improve yield and oil quality.
Soybean
Soybean represents the largest share of the global oilseed market, accounting for over 50% of total production. Its dual use for edible oil and protein-rich animal feed drives widespread cultivation, particularly in the Americas and Asia.
Sunflower Seed
Sunflower Seed continues to gain popularity for its light oil and nutritional properties. It is widely used in snack manufacturing and cooking oil production, with Europe and Eastern Europe serving as major suppliers.
Oilseeds Market, Segmentation by Product
The Product segmentation divides the market into Animal Feed and Edible Oil, reflecting the dual economic importance of oilseeds. Shifting dietary patterns and livestock feed demand are influencing the balance between these two end-use sectors.
Animal Feed
Animal Feed derived from oilseed meals is an essential source of plant-based protein for poultry, cattle, and aquaculture. Rising global meat consumption and feed efficiency optimization are boosting demand in this segment.
Edible Oil
Edible Oil remains the primary driver of oilseed cultivation, supported by expanding consumption in household and industrial food sectors. Innovation in cold-pressed oils and organic variants is shaping premium product categories.
Oilseeds Market, Segmentation by Breeding Type
The Breeding Type segmentation distinguishes between Genetically Modified (GM) and Conventional varieties, each catering to distinct regulatory frameworks and consumer preferences. Advances in seed genetics are improving yield, pest resistance, and climate adaptability.
Genetically Modified
Genetically Modified oilseeds dominate markets in North and South America, offering higher yield potential and resistance to pests and herbicides. Their adoption supports efficient agricultural productivity and cost reduction in large-scale farming systems.
Conventional
Conventional oilseeds remain popular in regions with strict GMO regulations, such as the European Union. Demand for non-GMO products continues to rise due to organic labeling and consumer transparency trends.
Oilseeds Market, Segmentation by Biotech Trait
The Biotech Trait segmentation highlights the genetic enhancements incorporated in modern oilseed varieties. These traits contribute to better pest resistance, reduced herbicide dependency, and improved yield stability under diverse climatic conditions.
Herbicide Tolerant
Herbicide Tolerant traits enable efficient weed management, significantly lowering labor and chemical costs. This category holds the largest share among biotech traits, widely adopted in soybean and canola crops.
Insecticide Resistant
Insecticide Resistant varieties reduce the need for external pesticide application, enhancing sustainability and yield consistency. Such traits are prevalent in regions with high pest pressure and large-scale farming operations.
Others
Others include emerging traits such as drought tolerance and enhanced oil content. Research in this area is intensifying to meet future climate and food security challenges.
Oilseeds Market, Segmentation by Geography
Geographically, the Oilseeds Market exhibits strong global presence, with cultivation and processing hubs distributed across continents. Regional production is influenced by climate suitability, trade policies, and infrastructure efficiency for storage and export.
Regions and Countries Analyzed in this Report
North America
North America leads in GMO oilseed cultivation, particularly soybean and canola, driven by technological advancements and export-oriented agriculture. The region maintains a competitive edge in biotech innovation and yield optimization.
Europe
Europe emphasizes non-GMO and organic oilseed production, supported by stringent environmental and consumer regulations. The market is driven by sustainability goals and rising demand for traceable supply chains.
Asia Pacific
Asia Pacific is the fastest-growing market due to expanding food industries and rising domestic demand for edible oils. Key producers like China and India dominate regional consumption and import dependency.
Middle East & Africa
Middle East & Africa are emerging as production zones, supported by investment in agricultural modernization and infrastructure development. The region’s oilseed imports are steadily rising to meet edible oil demand.
Latin America
Latin America—especially Brazil and Argentina—plays a pivotal role in global oilseed exports. With vast arable land and favorable climates, the region continues to expand its footprint in soybean and sunflower cultivation.
Oilseeds Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Oilseeds Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Demand for Plant-Based Proteins
- Increasing Biofuel Production
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Expanding Food Industry Applications -The increasing use of oilseeds across diverse food applications is creating strong market momentum. As consumer demand grows for plant-based proteins, healthier oils, and functional foods, oilseeds are becoming vital raw materials for numerous products. Their incorporation in meat substitutes, dairy alternatives, and nutritional beverages is rapidly expanding.
Oilseeds such as soybeans, sunflower, canola, and flaxseed are being processed into high-protein flours, oils, and bioactive compounds. These ingredients enhance nutritional value, stability, and mouthfeel in final food formulations. The market is particularly benefiting from the growth of vegan, gluten-free, and clean-label product trends.
Demand for omega-rich and cold-pressed oils in health-conscious segments is boosting oilseed consumption. Food companies are also utilizing emulsification, texture enhancement, and shelf-life benefits derived from oilseed derivatives. This helps manufacturers meet the expectations of ingredient transparency and clean nutrition.
The expansion of food industry applications provides an avenue for oilseed producers to diversify offerings, develop value-added products, and enter specialty food niches that command premium prices.
Restraints
- Fluctuating Prices of Raw Materials
- Environmental Concerns and Regulations
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Climate Change Impact on Crop Yields - Altered rainfall, shifting temperatures, and extreme weather are affecting the yields and geographic distribution of key oilseed crops. This is prompting investment in climate-resilient varieties and adaptive cultivation techniques.
Producers and researchers are working on drought-resistant, pest-tolerant, and high-yielding seed varieties to secure oilseed supply. These innovations can lead to better productivity, sustainability, and economic resilience for farmers. Government support for climate-smart agriculture is further driving the development of these solutions.
Climate disruptions are also creating new cultivation zones in regions previously unsuitable for oilseed farming. Countries are recognizing the importance of crop diversification and food security, enabling strategic expansion of oilseed farming to meet domestic and export demand.
In the long term, addressing climate impacts opens doors for R&D collaborations, insurance innovations, and technology integration to future-proof the oilseeds value chain.
Opportunities
- Growth in biofuel and biodiesel production
- Development of Sustainable Farming Practices
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Innovations in Oilseed Processing Techniques - Creating opportunities to improve efficiency, product quality, and sustainability. Techniques such as cold pressing, enzyme-assisted extraction, and solvent-free processing are becoming more widespread in commercial operations.
Modern processing enhances oil yields while preserving nutritional and functional properties. This appeals to consumers looking for clean-label and minimally processed oils. Furthermore, these technologies reduce energy usage, chemical residues, and production waste, aligning with green manufacturing standards.
Advanced processing allows producers to extract multiple co-products, such as protein isolates, fibers, and antioxidants, from a single oilseed crop. This boosts overall profitability and supports circular economy goals. Integration of automation, digital monitoring, and AI in processing systems is also enhancing productivity.
Innovations in oilseed processing are enabling companies to meet evolving consumer preferences while enhancing supply chain flexibility, cost-efficiency, and market competitiveness.
Oilseeds Market Competitive Landscape Analysis
Oilseeds Market is defined by competition among agricultural producers, seed suppliers, and regional distributors. Companies adopt strategies such as mergers, partnerships, and collaboration to enhance yield, quality, and disease resistance. With nearly 60% of share concentrated among leading players, continuous innovation in seed varieties, cultivation techniques, and processing technologies drives steady growth across soybean, sunflower, rapeseed, and other oilseed crops.
Market Structure and Concentration
The industry demonstrates moderate concentration, with about 55% of revenues controlled by multinational oilseed producers. Regional players contribute to expansion through localized seeds and cost-effective cultivation solutions. This combination of consolidated leadership and fragmented innovation shapes competitive strategies, ensuring consistent growth in oilseed production and supply.
Brand and Channel Strategies
Leading firms strengthen their brands through partnerships with distributors, collaborations with agricultural cooperatives, and direct contracts with farmers. Nearly 60% of adoption occurs via B2B and agricultural supply channels, while specialized distributors support channel expansion. Effective strategies emphasize seed quality, yield performance, and disease resistance, reinforcing sustainable growth in the market.
Innovation Drivers and Technological Advancements
Ongoing innovation focuses on hybrid seeds, pest-resistant varieties, and precision agriculture technologies. Around 45% of R&D investments target technological advancements that improve yield, crop resilience, and oil content. Strategic collaboration between seed manufacturers and research institutions drives strategies, enabling measurable growth in oilseed cultivation.
Regional Momentum and Expansion
North America accounts for nearly 40% of demand, driven by large-scale farming and soybean cultivation. Europe demonstrates steady growth with rapeseed and sunflower production, while Asia-Pacific shows rapid expansion surpassing 25% due to rising food consumption and agricultural modernization. Regional strategies enhance market penetration and competitive positioning.
Future Outlook
The market is projected to sustain robust growth as demand for high-quality, high-yield, and disease-resistant oilseeds rises. Stronger partnerships and mergers will reshape competitive landscapes, while continuous innovation ensures improved crop performance, supply stability, and operational efficiency. The future outlook highlights broad expansion supported by global agricultural development and technological advancements.
Key players in Oilseeds Market include.
- Archer Daniels Midland Company (ADM)
- Bunge Limited
- Cargill, Incorporated
- Wilmar International Limited
- Louis Dreyfus Company B.V.
- COFCO International Limited
- Olam Agri
- EFKO Group
- CHS Inc.
- Ag Processing Inc. (AGP)
- Land O'Lakes, Inc.
- Syngenta Group
- BASF SE
- Bayer AG
- Corteva Agriscience
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Oilseed Type
- Market Snapshot, By Product
- Market Snapshot, By Breeding Type
- Market Snapshot, By Biotech Trait
- Market Snapshot, By Region
- Oilseeds Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Growing Demand for Plant-Based Proteins
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Increasing Biofuel Production
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Expanding Food Industry Applications
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- Restraints
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Fluctuating Prices of Raw Materials
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Environmental Concerns and Regulations
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Climate Change Impact on Crop Yields
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- Opportunities
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Growth in biofuel and biodiesel production
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Development of Sustainable Farming Practices
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Innovations in Oilseed Processing Techniques
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Oilseeds Market, By Oilseed Type, 2021 - 2031 (USD Million)
- Copra
- Cottonseed
- Palm Kernel
- Peanut
- Rapeseed
- Soybean
- Sunflower Seed
- Oilseeds Market, By Product, 2021 - 2031 (USD Million)
- Animal Feed
- Edible Oil
- Oilseeds Market, By Breeding Type, 2021 - 2031 (USD Million)
- Genetically Modified
- Conventional
- Oilseeds Market, By Biotech Trait, 2021 - 2031 (USD Million)
- Herbicide Tolerant
- Insecticide Resistant
- Others
- Oilseeds Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Oilseeds Market, By Oilseed Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Archer Daniels Midland Company (ADM)
- Bunge Limited
- Cargill, Incorporated
- Wilmar International Limited
- Louis Dreyfus Company B.V.
- COFCO International Limited
- Olam Agri
- EFKO Group
- CHS Inc.
- Ag Processing Inc. (AGP)
- Land O'Lakes, Inc.
- Syngenta Group
- BASF SE
- Bayer AG
- Corteva Agriscience
- Company Profiles
- Analyst Views
- Future Outlook of the Market

