FarmingFocus

  Global Oilseeds Market Highlights 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). Oilseed crops are one of the important determinants of an agricultural economy. Thus, emphasis is laid on the quality of oilseeds used to cultivate oilseed crops. The extraction of harvested oilseed is used in various industries such as food, oleochemicals, biofuel, and animal feed. The various types of oilseeds include sunflower seed, soybean, canola seed, and cotton seed.         The global  oilseeds market  has been segmented based on category, oilseed type, biotech trait, and region.  The global Oilseeds Market has been segregated, by category, into conventional and genetically modified. The conventional segment is expected to dominate the global oilseeds market during the assessment period and is expected to register the higher CAGR during the forecast period owing to the hig

  Global Oilseeds Market Outlook Oilseeds Market is poised for significant growth, with projections estimating its size to reach USD 243.542 billion by 2030. This surge is driven by a multitude of factors, including the rising demand for biofuels in developing countries. Market Research Future's analysis suggests a compound annual growth rate (CAGR) of 4.20% during the forecast period spanning from 2023 to 2030. As the world grapples with environmental concerns and seeks sustainable energy solutions, the role of oilseeds in the biofuel sector becomes increasingly crucial. This article delves into the dynamics propelling the oilseeds market forward and the implications of its growth on various stakeholders. Rising Demand for Biofuels: Biofuels have emerged as a viable alternative to fossil fuels, offering a cleaner and more sustainable energy source. Developing countries, in particular, are witnessing a surge in the demand for biofuels as they seek to reduce their carbon footprint a