Oilseeds Market: Projected to Reach USD 243.542 Billion by 2030
Oilseeds Market Highlights The global oilseeds market has been segmented based on category, oilseed type, biotech trait, and region. The Oilseeds Market Size was valued at USD 243.542 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.20% during the forecast period (2023–2030). Regional Analysis Based on region, the global oilseeds market has been segmented into North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global oilseeds market with the US being the major contributor to the growth of the market. Moreover, the growing adoption of genetically modified seeds by US farmers is expected to fuel the growth of the North American market during the review period. Asia-Pacific also held a significant share of the global oilseeds market in 2022 and the regional market is expected to register the highest CAGR during the forecast period. The growing demand for vegetable oil and increasing demand for soymeal in the feed industr...