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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Oilseed Processing Market: By Seed Type, By Process Type, By Application and Geography
Oilseed Processing Market: By Seed Type, By Process Type, By Application and Geography
Oilseed Processing Market size was valued at US$ 310 billion in 2023 and is poised to grow at a CAGR of 8.8% from 2024-2030. Oilseed processing is used to extract oil from soybean, rapeseed, and other oilseeds later utilized in households as edible oils, from the last few years due to a decrease in renewable sources of energy vegetable oils are used as biofuels, it is classified into low oil-containing seeds which have 20% of oil and high oil content oil seed which have 60% of oil. In general, soybean, sunflower, and groundnut are mostly used in the extraction of oils.
The high demand for edible oils across the globe stimulates oil seed production, extraction of oils requires high-quality equipment either mechanical or chemical which is expected to drive the market growth. The increasing population rising oil processing market, and high consumption in households as edible oils or alternative sources of biofuels accelerate the market growth along with creating numerous opportunities for key players to expand their business in this segment. Higher cost of processing and equipment hinders market growth, also need high maintenance of machines requires an extra workforce limiting market growth.
In July 2022: Corteva Agriscience, BASF, and MS Technologies signed an Agreement to develop next-generation Enlist E3 soybeans with the nematode-resistant soybean (NRS) trait for farmers in the United States and Canada.
Study Period
2024-2030Base Year
2023CAGR
8.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increasing demand for edible oils across the world is the major market driver in the oil seed processing equipment market. Oil seed content high rich oils which are utilized in households, bakeries, and the food processing industry require a high demand for oils in the market, furthermore, soybean is expected to hold a major market share owing rise in production, increasing soyabean oil consumption in the market, major applications in the food segment is predicted to cover larger revenue share, oilseed processed foods availability escalate the market growth with the demand of high-quality equipment for the oil extraction which is the major factor accounted for the market growth.
The Oilseed Processing Equipment Market in the Asia Pacific occupies the largest market share in terms of consumption and production, the high demand of palm oil production is observed in Malaysia and Indonesia. Moreover, the huge concentration of soybean and sunflower seeds perceived in China and India due to rising health concerns among the people, a consequence of key players adopting technologically advanced equipment for the extraction. North America holds the major market share in the global market and is expected to dominate the market in the upcoming years, US is the leading producer of soybean across the world, and high return on investment due to the availability of hybrid seeds encourages farmers to grow more, also it is attributed to people awareness on technology rises high-quality equipment demand in the market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 310 billion |
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Market CAGR |
8.8% |
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By Seed Type |
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By Process Type |
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By Application |
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By Region |
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The global oilseed processing market size was valued at US$ 310 billion in 2023 and is projected to grow at a CAGR of 8.8% from 2024-2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
The oilseed processing market key players are Wilmar International Ltd. (Singapore) Archer Daniels Midland Company (U.S.) Richardson International Limited (Canada) CHS Inc. (U.S.) EFKO GROUP (Austria) Cargill (U.S.) ITOCHU Corporation (Japan)
| 1. Executive Summary |
| 2. Global Oilseed Processing Market Introduction |
| 2.1.Global Oilseed Processing Market - Taxonomy |
| 2.2.Global Oilseed Processing Market - Definitions |
| 2.2.1.Seed Type |
| 2.2.2.Process Type |
| 2.2.3.Application |
| 2.2.4.Region |
| 3. Global Oilseed Processing Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Oilseed Processing Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Oilseed Processing Market By Seed Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Palm kernels |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Groundnuts |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Rapeseed |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Cottonseed |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Copra |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Sunflower seed |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Soybean |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Oilseed Processing Market By Process Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Mechanical process |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Chemical process |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Oilseed Processing Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Feed |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Food |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Industrial |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Bio-fuels |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Oilseed Processing Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Oilseed Processing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Seed Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Palm kernels |
| 9.1.2.Groundnuts |
| 9.1.3.Rapeseed |
| 9.1.4.Cottonseed |
| 9.1.5.Copra |
| 9.1.6.Sunflower seed |
| 9.1.7.Soybean |
| 9.2. Process Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Mechanical process |
| 9.2.2.Chemical process |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Feed |
| 9.3.2.Food |
| 9.3.3.Industrial |
| 9.3.4.Bio-fuels |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Oilseed Processing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Seed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Palm kernels |
| 10.1.2.Groundnuts |
| 10.1.3.Rapeseed |
| 10.1.4.Cottonseed |
| 10.1.5.Copra |
| 10.1.6.Sunflower seed |
| 10.1.7.Soybean |
| 10.2. Process Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Mechanical process |
| 10.2.2.Chemical process |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Feed |
| 10.3.2.Food |
| 10.3.3.Industrial |
| 10.3.4.Bio-fuels |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 10.4.7. |
| 11. Asia Pacific (APAC) Oilseed Processing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Seed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Palm kernels |
| 11.1.2.Groundnuts |
| 11.1.3.Rapeseed |
| 11.1.4.Cottonseed |
| 11.1.5.Copra |
| 11.1.6.Sunflower seed |
| 11.1.7.Soybean |
| 11.2. Process Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Mechanical process |
| 11.2.2.Chemical process |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Feed |
| 11.3.2.Food |
| 11.3.3.Industrial |
| 11.3.4.Bio-fuels |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Oilseed Processing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Seed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Palm kernels |
| 12.1.2.Groundnuts |
| 12.1.3.Rapeseed |
| 12.1.4.Cottonseed |
| 12.1.5.Copra |
| 12.1.6.Sunflower seed |
| 12.1.7.Soybean |
| 12.2. Process Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Mechanical process |
| 12.2.2.Chemical process |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Feed |
| 12.3.2.Food |
| 12.3.3.Industrial |
| 12.3.4.Bio-fuels |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Oilseed Processing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Seed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Palm kernels |
| 13.1.2.Groundnuts |
| 13.1.3.Rapeseed |
| 13.1.4.Cottonseed |
| 13.1.5.Copra |
| 13.1.6.Sunflower seed |
| 13.1.7.Soybean |
| 13.2. Process Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Mechanical process |
| 13.2.2.Chemical process |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Feed |
| 13.3.2.Food |
| 13.3.3.Industrial |
| 13.3.4.Bio-fuels |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Wilmar International Ltd. (Singapore) |
| 14.2.2.Archer Daniels Midland Company (U.S.) |
| 14.2.3.Richardson International Limited (Canada) |
| 14.2.4.CHS Inc. (U.S.) |
| 14.2.5.EFKO GROUP (Austria) |
| 14.2.6.Cargill (U.S.) |
| 14.2.7.ITOCHU Corporation (Japan) |
| 14.2.8.Bunge Limited (U.S.) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.