Oilseed & Grain Seed Market to Capture Significant Market Growth in the Forecast Period

March 2022 Market Research Future Report on Global Oilseed & Grain Seed Market.

Oilseed & Grain Seed Market Overview

Oil seeds and grains market has seen an impressive upward growth curve in recent years, owing to increased production. Market Research Future which focuses on market reports connected to the food & beverage sector among others lately made available a report on this industry. The sector is anticipated to witness an exceptional rate of growth in terms of CAGR per cent and revenues that can be achieved in the forecast period.The oilseeds market industry is projected to grow from USD 190.2692 Billion in 2023 to USD 243.542 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.20% during the forecast period 2023 - 2030.

Oilseed and grain seed market has diversified at a rapid pace in the past few year owing to a multitude of factors. The causes such as an increased pace of technological development has provided a renewed focus to the development of this sector. The requirement from consumer end for healthier food options has been crucial to the expansion of the sector, as this trend has further bolstered the growth pace of the sector.

Industry Segments

The oilseeds market has been categorized on the basis of region, type and biotech trait.

On the basis of type, the segment includes oilseeds such as soybean, sunflower, cotton and rapeseed/canola and grains which are additionally categorized into Rice, Maize/Corn, Wheat and Sorghum. On the basis of biotech trait, the segment comprises of Insecticide Resistant, Herbicides Tolerant, Seed with Biotech Trait and Stacked Trait which further includes Disease Resistance, Abiotic Stress Tolerance, Pollination control system, Modified product quality and others.  Finally on the basis of region the market comprises of geographical regions such as Europe, North America, APAC and Rest of the World.

Detailed Regional Analysis

The regional analysis of the oilseed and grain seed industry includes regions such as North America, Europe, Asia Pacific and the rest of the world. The Asia Pacific and US has the world’s main area which is under grain seed & oilseed production, and its growth pace will grow at a reasonable average per year over the forecast period followed by the European and African region which will account for a significant per cent of the region’s demand. The Chinese market is expected to be the second main producer of oilseed & grain seed in the global market.

Global Competitive Analysis

The trend for diversification and cost effective strategies in the sector has facilitated the players to access the rewarding state of affairs obtainable in this market are being applied by candidates who are trying to grow their industry coverage by exhaustive growth which can fuel the expansion of this business sector. The products are also being specialized to great extent to keep up with the dynamic pace of technological discoveries. The organizations are also additionally trying to create and capture economic worth simultaneously and in a proper manner. This has raised the potential for the approaching growth period considerably. This situation has additionally established to be productive for businesses so they can fix goals that can support their enterprise's viable liquidity to take the effective decisions in terms of strategy designing and execution.

The major competitors outlined in grain seed & Oilseed market report include Burrus Seed Farm, Hefei Fengle Seed Co. Ltd, Dow AgroSciences LLC, E.I. DU PONT Denemours and Company, Bayer Cropscience AG, Gansu Dunhuang Seed Co. Ltd, Kws Saat Ag, Land O’lakes Inc., Krishidhan Seeds Pvt. Ltd and Limagrain.

Industry Updates:

Mar 2018 Cargill recently stated that it has reached an agreement to contract on the deal of its crop and grain inputs retail properties in Ontario, together with its ownership in South West Ag Partners to La Coop fédérée which is an agri-food cooperative with operations across Canada. Cargill has also additionally stated that they will remain committed to aiding Canadian agricultural producers and growers to develop their business. Cargill has also committed to maintain the operation of 26 elevator assets, 40 crop inputs retail locations, two oilseed processing facilities and five export terminals to serve growers in the country.