Global Oilseeds Market Size Likely to Surpass at a CAGR of 5.73% By 2034

Market Size and Growth

As per Oilseeds Market size analysis conducted by the CMI team, the oilseeds market is expected to record a CAGR of 5.73% from 2025 to 2034. In 2025, the market size was USD 350.44 Billion. by 2034, the valuation is anticipated to reach USD 581.59 Billion.

Overview

As per the industry experts at CMI, the global oilseeds market will witness a robust CAGR between 2025 and 2034. This is due to the rise in demand for animal feed, edible oils, and biofuels, along with various advancements adopted in the form of agricultural biotechnology. This demand is, in turn, driven by population explosion, especially in the Asia Pacific. Also, genetic engineering fosters the development of various varieties of oilseeds with higher content of oil, thereby improving oilseed production’s economic viability.

Key Trends & Drivers

• Call for Richer Sources of Protein to Dictate Growth: Oilseeds are a rich source of protein as well as the other nutrients for animal feed, especially for the dairy animals. This improves the quality of milk. Oilcake/meal formed after extraction of oil is used in animal feed. The consumers are turning out to be more health-conscious, which compels them to shift to vegetable oils over animal fats. Oilseeds contain proteins ranging between 16% and 40% of their weight. Peanuts stand first with 50-60%. Soybean meal contains close to 47.38% of protein, whereas rapeseed meal’s content ranges between 35.9% and 40.1%.

• Biofuel Industry to Catalyze Oilseeds Market: The biofuel industry converts vegetable oil into a renewable fuel source. Shift toward renewable energy sources such as biodiesel is driving the demand for oilseeds. This process is called transesterification. The oilseeds basically used for the production of biofuel include rapeseed (canola), soybean, palm oil, and sunflower. Certain non-edible oilseed crops such as Jatropha and castor bean are also being considered for the production of biofuel, thereby offering benefits with respect to land use.

Report Scope

SWOT Analysis

• Strengths: The demand for oilseeds is rising at an exponential rate due to growing consumption of edible oils and their usage in food processing. The other applications include animal feed, pharmaceuticals, and cosmetics. Higher yield and quality are ascertained by enhanced farming techniques, processing technologies, and breeding programs. Also, oilseeds form the second-largest farming sector after cereals. These are the strengths of the oilseed market.

• Weaknesses: Prices of oilseeds are subject to weather conditions, market fluctuations, and various geopolitical events. The consumers may also prefer alternative cooking skills, thereby impacting the sales of oilseeds. Furthermore, certain regions lack the appropriate transportation and storage infrastructure, thereby hampering its processing and distribution.

• Opportunities: Adoption of sustainable farming practices is likely to improve yields, reduce environmental impact, and improve market competitiveness. Moreover, emerging markets in the Asia Pacific and Africa do present growth opportunities for oilseed processors and producers. Government subsidies and policies could incentivize oilseeds’ trade and production. These factors could represent significant opportunities for the growth of the oilseeds market.

• Threats: Trade restrictions and increased tariffs are likely to disrupt supply chains, thereby increasing the prices. Diseases and pests could also damage the crops and cut down on yields. Overproduction in certain regions could result in a reduction of crops with reduced profitability. At the same time, new standards and regulations regarding sustainability and safety could adversely impact the production and processing of oilseeds. These could be the threats to oilseeds market.

List of the prominent players in the Oilseeds Market:

• Archer Daniels Midland Company
• BASF SE
• Bayer AG
• Burrus Seed farms Inc.
• Cargill Incorporated
• Corveta Agriscience
• Gansu Dunhuang Seed Industry Group Co. Ltd.
• KWS SAAT SE & Co.
• Mahyco Seeds Ltd.
• Syngenta Crop Protection AG
• AGT Food and Ingredients
• Louis Dreyfus Company
• Mountain States Oilseeds
• Oilseeds International
• Cootamundra Oilseeds
• Others

The Oilseeds Market is segmented as follows:

By Product

• Sunflower
• Soybean
• Peanut
• Cottonseed
• Rapeseed

By Type

• Animal Feed
• Edible Oil

By Breeding

• Genetically Modified
• Conventional

By Biotech Trait

• Herbicide Tolerant
• Insecticide Resistant
• Other Stacked Traits

By Application

• Oilseed Meal
• Vegetable Oil

By End-user

• Household or Residential Area
• Commercial or Corporate Sector
• Automobiles

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America