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Oilseeds Market Growth Analysis: How Will Revenue Trend Over The Forecast Period?
The oilseeds market size has seen significant expansion in recent years. This market is anticipated to expand from $351.44 billion in 2025 to reach $382.18 billion by 2026, at a compound annual growth rate (CAGR) of 8.7%. Factors contributing to this historical growth include the expanding global consumption of edible oils, an increase in peanut and soybean cultivation, the rising demand for oilseed meal in livestock feed, the availability of improved oilseed varieties, and the growing industrial utilization of oilseed oils.
The oilseeds market size is expected to experience significant expansion in the next few years. It is projected to reach $521.09 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.1%. The growth anticipated during this forecast period stems from factors such as increasing demand for organic vegetable oils, greater adoption of GM traits, rising biofuel production, an increase in oilseed processing capacity, and augmented investment in oilseed research and development. Noteworthy trends in the upcoming period include the growing acceptance of high-oil-yield seed varieties, an expansion in the cultivation of both conventional and GM oilseeds, increasing application of oilseed derivatives in food and feed, rising consumer preference for plant-based edible oils, and an increase in the production of specialty oilseeds such as flaxseed and hemp.
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Oilseeds Market Growth Catalysts And Demand Drivers
The increasing integration of oilseeds into animal feed is projected to fuel the growth of the oilseed market in the coming period. Oilseeds are abundant in oil, fatty acids, vitamins, minerals, protein, and fiber, all of which are commonly extracted for their oil content. Post-extraction, the nutrient-rich pulp is converted into oilcake or meals, which are then fed to dairy farm animals. This process helps to boost the yield and quality of milk while also reducing overall feed requirements. For instance, in 2023, the NSW Department of Primary Industries, an Australia-based government agency, recorded total oilseed production at 2,744 tonnes, marking a 13% decrease from the previous year’s record yet still standing 60% above the state’s long-term average. Therefore, the expanding use of oilseeds in animal feed is a key driver for the demand in the oilseed market.
Oilseeds Market Segment Performance And Emerging Opportunities
The oilseeds market covered in this report is segmented –
1) By Oilseed Type: Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybean, Sunflower Seed, Other Oilseed Types
2) By Biotech Trait: Herbicide Tolerant, Insecticide Resistant, Other Stacked Trait
3) By Category: Genetically Modified, Conventional
4) By Application: Oilseed Meal, Vegetable Oil, Other Applications
5) By End-Use Industry: Food Industry, Personal Care and Cosmetic, Pharmaceutical, Other End Users
Subsegments:
1) By Copra: Copra Meal, Copra Oil, Desiccated Coconut
2) By Cottonseed: Cottonseed Oil, Cottonseed Cake, Cottonseed Meal
3) By Palm Kernel: Palm Kernel Oil, Palm Kernel Cake
4) By Peanut: Peanut Oil, Peanut Meal, Blanched Peanuts
5) By Rapeseed: Rapeseed Oil, Rapeseed Meal
6) By Soybean: Soybean Oil, Soybean Meal, Whole Soybeans
7) By Sunflower Seed: Sunflower Oil, Sunflower Meal, Sunflower Seeds
8) By Other Oilseed Types: Safflower Seed, Flaxseed, Hemp Seed, Sesame Seed
Oilseeds Market Trends Shaping Long-Term Demand
Key players in the oilseeds market are concentrating on technological advancements, such as those related to Edible Oils-Oilseeds, to refine processing techniques and formulate healthier oil products. This endeavor addresses rising consumer demand and environmental considerations. The National Mission Edible Oils-Oilseeds endeavors to elevate domestic production of edible oils and oilseeds, lessen import reliance, and uplift farmers’ economic status through improved agricultural methods and processing technologies. For example, in October 2024, the Government of India introduced the National Mission on Edible Oils-Oilseeds (NMEO-Oilseeds) to bolster national oilseed output and achieve self-sufficiency in edible oils. Edible oils sourced from oilseeds are extensively utilized in cooking, food processing, nutritional supplements, cosmetics, industrial uses, animal feed, and pharmaceuticals, demonstrating their crucial function across various industries.
Oilseeds Market Key Players: Which Companies Lead Industry Competition?
Major companies operating in the oilseeds market are The Archer Daniels Midland Company, BASF SE, Burrus Seed Farm LLC, Cargill Incorporated, Corteva Agriscience, Mahyco Seeds Limited, Syngenta Group Co. Ltd., Gansu Dunhuang Seed Group Co. Ltd., Bunge Limited, Land O’Lakes Inc., Nuziveedu Seeds Limited, Ostro Organics Inc., Wilmar International Limited, Cootamundra Oilseeds Pty Ltd., Soni Soya Products Limited, Groupe Limagrain Holding SA, La Tourangelle Inc., BIO PLANÈTE Ölmühle Moog GmbH, Seed Co Limited, OPW Ingredients GmbH, Chenguang Biotech Group Co Ltd., United Genetics Seeds Co., Pioneer Hi-Bred International Inc., Delta and Pine Land Company
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Oilseeds Market Geographic Analysis: Where Is Demand Rising Fastest?
North America was the largest region in the oilseeds market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oilseeds market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
