Bizizz Market Research has recently published a research report, “Oilseeds Market By Product Type (Sunflower Seed, Copra, Soybean, Cottonseed, Rapeseed, Palm Kernel and Peanut), Bio tech trait (Insecticide Resistant, Herbicide Tolerant and Others), Category (Conventional and Genetically Modified) Application (Edible Oil and Animal Feed), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Oilseeds Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 340 Bn by 2027, witnessing a CAGR of 6.3 % during the forecast period. Key drivers of the market are natural and healthy along with bio-diesel for catering increased demand of customers.
The demand of oilseeds is huge especially from the bio-diesel industry because of the considerable fuel requirements that could suffuse the need in the market. The oilseeds are also highly utilized as a dietary supplements contributing to the wellbeing of the health of individuals that are non-toxic in nature have fueled its market growth.
The Oilseeds market is anticipated to register a CAGR of over 6.3% during the forecast period.
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By Application, biodiesel segment held a prominent share in Global Oilseeds Market in 2018.
The demand for the vegetable oil is plunging from the biodiesel market because of an increased demand for the natural products that could be environment friendly. Such trends in the market is projected to be having positive impact on the biodiesel segment of oilseeds market during the forecast period.
By Product, sunflower Segment of Global Oilseeds Market Is Anticipated To Witness the Fastest CAGR during the Forecast Period.
The sunflower segment is projected to be fastest growing during the forecast period because of the advantages associated with the sunflower oil. These are healthy for consumption and has various medicinal properties that could contribute to the market demand of sunflower oil seeds.
North America is anticipated to dominate the Global Oilseeds Market during the Forecast Period.
The North American region is leading in the market of global oilseeds market by a significant contribution to the various industries where the application of oilseeds is viable. The US is playing a major role in the oilseeds market because of the presence of different market producers.
Global Oilseeds market was highly fragmented among the number of local and global players. There are significant number of players competing in this market encouraging them to expand their market foothold by the adoption of various expansion strategies.
Prominent players operating in the Global Oilseeds Market are: Dow Agrosciences LLC., , Archer Daniels Midland Company, KWS Saat AG, Bayer Cropscience AG, Krishidhan Seeds Pvt. Ltd., Syngenta AG. Hefei Fengle Seed Co. Ltd., Gansu Dunhuang Seed Co. Ltd., , Burrus Seed Farm and E. I. du Pont de Nemours and Company. , among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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