Oilseeds Market Size, Share, Growth Analysis, By Type(Soybean, Rapeseed), By Application(Food, feed) - Industry Forecast 2024-2031

The global oilseeds market is characterized by several players striving to gain a significant market share. Numerous companies, both large-scale multinational corporations and regional players, operate in the market. These companies engage in activities such as cultivation, processing, and distribution of oilseeds and their derived products. Market players focus on strategic initiatives like product innovations, partnerships, and mergers and acquisitions to enhance their market presence and expand their customer base. Additionally, market participants invest in research and development activities to improve crop yields, sustainability, and overall product quality to stay competitive in the market.

Oilseeds Market Top Player’s Company Profiles

• Cargill (US)

• Bunge Limited (US)

• Archer Daniels Midland Company (US)

• Wilmar International Limited (Singapore)

• Louis Dreyfus Company (Netherlands)

• COFCO International (China)

• CHS Inc. (US)

• Richardson International Limited (Canada)

• AGT Food and Ingredients Inc. (Canada)

• Marico Limited (India)

• Nidera (Netherlands)

• Sodrugestvo Group (Luxembourg)

• Ruchi Soya Industries Limited (India)

• Sime Darby Plantation Berhad (Malaysia)

• GrainCorp Limited (Australia)

• ADM Agro Industries India Private Limited (India)

• Buhler Group (Switzerland)

• Nisshin Oillio Group, Ltd. (Japan)

• IOI Corporation Berhad (Malaysia)

• BRF S.A. (Brazil)

Oilseeds Market Recent Development

• In July 2023, BASF added 11 new high-yielding varieties to its Xitavo soybean seed line for the 2024 growing season. These varieties use Enlist E3 technology to help manage challenging weeds. 
• Hyola Defender CT and Hayola Continuum CL are two new canola hybrid cultivars that Pacific Seeds, an Advanta Seeds affiliate, brought to the Australian market in July 2023. These cultivars have good disease resistance, increased oil content, improved weed control adaptability, and high yield performance.Hyola Defender CT and Hayola Continuum CL are two new canola hybrid cultivars that Pacific Seeds, an Advanta Seeds affiliate, brought to the Australian market in July 2023. These cultivars have good disease resistance, increased oil content, improved weed control adaptability, and high yield performance. 
• In June 2023, Syngenta Seeds introduced "Silverline," a new conventional soybean brand, to the Canadian market. Both NK-treated and high-protein soybean genotypes are available under this brand. 
• In April 2023, Cargill invested $200 million in expanding its soybean processing facility in Kansas, USA, to enhance its capacity for producing soy protein ingredients and meet the rising demand. 
• In March 2023, Bunge Limited partnered with BP to develop a renewable diesel plant in Brazil, utilizing soybean oil and other vegetable oils as feedstock for producing low-carbon fuels. 
• In January 2023, Archer Daniels Midland Company (ADM) announced a partnership with Evershining International Trading Co. to expand its soybean processing capabilities in China, tapping into the growing demand for soy products in the region.