Oilseed Processing Market Insight | Key Players Include - Cargill, Bunge Limited, Archer Daniels Midland Company


Posted December 11, 2018 by supriya1234

Asia-Pacific accounted for the largest market share for market in 2015, owing to the increase in demand for various oilseed products such as soybean meal in countries such as India and China.

 
The oilseed processing market is projected to grow at a CAGR of 7.37% from 2016 to 2022, to reach a projected value of USD 344.37 Billion by 2022. The market has become more diversified in recent years due to the increase in number of health conscious consumers that prefer to consume food products with less trans-fat content and is also expected to fuel the market growth of the market.

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The global market, on the basis of application, is segmented into food, feed, and industrial. The food segment accounted for the largest market share in 2015. Oilseed processed products such as edible oil are used to a large extent in various food products across the globe. Some of the common products derived from oilseeds are protein concentrates, flour, and lecithin.

Asia-Pacific accounted for the largest market share for market in 2015, owing to the increase in demand for various oilseed products such as soybean meal in countries such as India and China. However, Latin America is projected to be the fastest-growing market during the forecast period, due to the high adoption of the upgraded seed technologies in comparison to other regions in order to cater the growing demand for the oilseed processed products.

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The major restraining factor for this market is price instability due to the seasonal nature of various crops is the major factor that hampers the market growth of the oilseed processing products. Moreover, limited availability of the oilseeds is expected to restraint the growth of the oilseed processing market globally during the forecast period.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Archer Daniels Midland Company (U.S.), Bunge Limited (U.S.), Cargill (U.S.), Wilmar International Ltd. (Singapore), Richardson International Limited (Canada), Louis Dreyfus Company B.V. (Netherlands), CHS Inc. (U.S.), Ag Processing Inc. (U.S.), ITOCHU Corporation (Japan), and EFKO GROUP (Austria).

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Issued By MarketsandMarkets
Phone 1-888-600-6441
Business Address Mr. Shelly Singh, MarketsandMarkets™ INC.,
630 Dundee Road, Suite 430, Northbrook, IL 60062
Country United States
Categories Agriculture , Business , Food
Tags oilseed processing market , oilseed processing market analysis , oilseed processing market forecast , oilseed processing market trends
Last Updated December 11, 2018