Global Oilseeds Market - 2019-2026
|油糧種子の世界市場：2019-2026年 Global Oilseeds Market - 2019-2026|
|出版日: 2020年06月18日||ページ情報: 英文||
The oilseeds are the seeds used for cultivating edible crops such as sunflower, soybean, canola, groundnut, linseed, castor, sesamum, soybean, cotton seeds, and others which are grown for the edible oil. These seeds can be consumed directly as food or crushed to extract oil for the food, biofuel, oleochemicals, and other industries. The oilseeds are rich in vital nutrients including vitamins, minerals, calcium, fiber, iron, magnesium, folate, and other nutrients. The global oilseeds market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the demand for the oilseed for the healthy vegetable oils, livestock feeds, pharmaceuticals, biofuels, and other oleochemical industrial uses with the growing population. The oilseeds such as sunflower seeds, soybeans, palm kernel, sesame, rapeseeds, and other seeds are used for the extraction of the edible oil for cooking and industrial usage. The oilseeds are useful for healthy digestion, control of blood level, cholesterol, and others.
The expected launch of the novel oilseed product shall stimulate market growth. For instance, Bayer has planned to launch an oilseed rape seed dressing for autumn 2020 to boost crop establishment and early growth just as other seed coatings are being banned. The product would include the two fungicides, and possibly a biostimulant, while a new insecticide could be added in a further two to three years. The new treatment provides a better establishment to produce healthier and strong plants which would better able to withstand attacks of cabbage stem flea beetles.
Several companies are developing oilseed production facilities. The companies are focusing on expanding the facilities. For instance, in May 2019, ADM had created the new Ag Services and Oilseeds unit. The company would continue to operate its carbohydrate solutions and nutrition business segments.
In September 2018, Louis Dreyfus Company had opened a new oilseeds processing plant. It has the capacity of a soybean crushing capacity of 4,000 tons and a daily oil refining capacity of 1,200 tons. The plant would bolster LDC's supply of soybean meal, crude soybean oil and refined edible vegetable oil to meet the needs of partners and consumers in China.
However, the fluctuations in the price of oilseed are hindering the market growth. The fluctuating weather conditions in different countries across the globe could have a negative impact on the yield of oilseed crops.
The global oilseeds market is segmented based on product type as soybean, sunflower, cottonseed, palm kernel, groundnut, rapeseed, copra, and others. The soyabean segment accounts for the highest market share due to the increased usage of the soyabeans for the production of the edible oil, fatty acids, soaps, biodiesels, and animal feed. Soybeans are processed for their oil and animal feed. It is also processed for producing various products including soy milk, soy flour, soy protein, tofu for human consumption. The Baked breads, crackers, cakes, cookies, and pies also have the soybean oil in them. Soybean oil is also useful for the production of biodiesel fuel for diesel engines through the process i.e. transesterification that involves the removal of the glycerine from the oil and leaving the soy biodiesel. Biocomposites are building materials made from soybeans.
The sunflower segment is expected to grow at the highest CAGR as it is one of the largest produced oilseeds as the sunflower seeds are the rich source of the B complex vitamins, phosphorus, magnesium, iron, potassium, vitamin E, protein, calcium, carbohydrate, and ash. The sunflower seeds are rich in the oil i.e. healthy form of plant oil that provides the polyunsaturated fats. There is a growing consumption of sunflower seeds as the sunflower meal for the feed industry. It is being used as a substitute for soybean meal.
Further, the market is also classified based on the category as the conventional and genetically modified. The conventional segment accounts for the highest market share due to the higher consumption of the conventional oilseeds as these seeds are enhances soil quality and nitrogen restoration. The conventional oilseeds are cheaper in comparison to the genetically modified oilseeds. The conventional oilseeds are useful for reducing the levels of contamination in soil, air, and other water resources. Conventional oilseeds are widely used for producing edible vegetables oils and fats. The increasing consumption of healthy and organic products shall boost the demand for conventional oilseeds.
By region, the global oilseeds market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, North America dominated the global oilseeds market due to the forecasted period owing to the high demand for oilseeds because of the presence of favorable trade and price support systems. There is a rising consumption of vegetable oil for the production of biodiesel. Oilseeds are widely used for producing skincare and body care products. The growing shift towards the decreasing reliance on conventional fuel shall boost the demand for the oilseeds. The United States accounts for the highest market share as the United States is one of the leading producers of the oilseed. There is the adoption of advanced oilseed processing technologies.
Asia-Pacific region is expected to grow at the highest CAGR owing to the growing production of the oilseeds with the increasing demand for cooking oil and biofuels. There is increasing household consumption of the oilseeds. China and Japan are the major importers of organic oilseeds. Several consumers suffering from the health problems related to digestion, cholesterol, and blood pressure are preferring the oilseeds due to its health benefits. The growing advancement in seed technologies and biotech traits including the herbicide-tolerant, insecticide resistance, and other stacked trait shall stimulate the market growth over the forecasted period.
The global oilseeds market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Cargill, Buhler Group, Bunge Limited, Wilmar International, Loius Dreyfus Company, AGT Food and Ingredients, CHS Inc, and Oilseeds International are the leading market players with significant market share.
The major players are using several strategies such as product development, novel product launches, market expansion, product diversification collaborations, mergers, strategic partnerships, and acquisitions for increasing the demand for oilseeds and their expansion across the globe. For instance, in July 2019, Perdue AgriBusiness L.L.C. had acquired the assets of Hart AgStrong L.L.C. This acquisition includes the two-oilseed expeller crushing facilities in Bowersville, Ga., and Trenton, Ky., processing organic and non-G.M.O. soybeans, HEAR (high erucic acid rapeseed), canola, and high oleic sunflower, as well as an organic specialty oil refinery at the Bowersville facility.
In February 2016, Dow AgroSciences LLC, (a wholly-owned subsidiary of The Dow Chemical Company) had entered into the collaboration with the Sofiproteol for the improving winter oilseed rape for animal feed.
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