Oilseed Processing Market Projected to Reach 344.37 Billion USD by 2022

January 09 21:01 2017
Asia-Pacific accounted for the largest market share for oilseed processing 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.

The report Oilseed Processing Market by Oilseed Type (Soybean, Rapeseed, Sunflower, and Cottonseed), Process (Mechanical and Chemical), Application (Food, Feed, and Industrial), and Region – Global Forecast to 2022″, The oilseed processing market is projected to reach a value of USD 344.37 Billion by 2022, at a CAGR of 7.37% from 2016 to 2022. The market is driven by factors such as large proportion of oilseeds being processed, globally and the growth in demand for oilseed meal.  The latter drives the need for processing various oilseeds such as soybean in various feed products, owing to its high protein content.

Browse 64 market data tables and 46 figures spread through 119 pages and in-depth TOC on “Oilseed Processing Market”.
http://www.marketsandmarkets.com/Market-Reports/oilseed-processing-market-245788232.html
Early buyers will receive 10% customization on reports.

The soybean segment is projected to be the fastest-growing market during the period 2016–2022

Soybean is projected to be the fastest-growing segment due to the increase in production of soybean in the Asian countries, owing to the strong demand for meal with high protein content from the feed industry. Moreover, the increase in demand for biodiesel derived from soybean feedstock is expected to fuel the growth of this market segment across the globe.

The chemical segment is projected to be the fastest-growing market during the period 2016–2022

The chemical process segment is projected to be the fastest-growing due to the increase in use of the chemical process to ensure maximum extraction of oil content from oilseeds. Additionally, the high usage of the chemical process of extraction for soybean drives the market growth of this segment of the oilseed processing market.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=245788232

The food segment, by application, accounted for the largest share in the oilseed processing market in 2015

On the basis of application, the market is segmented into food, feed, and industrial segments. The food segment accounted for the largest share in the oilseed processing market in 2015. This is due to the high application of oilseed processed products such as edible oil in various food products. This segment is further expected to witness high growth due to the rise in population levels in countries such as India and China.

Asia-Pacific dominated the oilseed processing market in 2015

The Asia-Pacific region was the largest market for oilseed processing in 2015. This can be attributed to the increase in demand for various oilseed processed products such as soybean meal in countries such as India and China. Rapidly growing economies in various Asian countries, such as India and China and growth in demand for biodiesel across the Asia-Pacific region are the major factors that are expected to drive the oilseed processing market 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).

Media Contact
Company Name: MarketsandMarkets
Contact Person: Rohan
Email: Send Email
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: WA
Country: United States
Website: http://www.marketsandmarkets.com/

  Categories: