Oilseed and Grain Seed Global Market – Key Players
The key Players involved in Oilseed & Grain Seed are Bayer Cropscience Ag, Burrus Seed Farm, Dow Agrosciences Llc, E.I. Du Pont Denemours And Company, Gansu Dunhuang Seed Co. Ltd, Hefei Fengle Seed Co. Ltd, Krishidhan Seeds Pvt. Ltd, Kws Saat Ag, Land O’lakes Inc, Limagrain, etc.
Oilseed and Grain Seed Global Market – Overview
The Global Oilseed and Grain Seed Market comprises oilseed crop that contain an adequate quantity of oil which can be extracted such as Soybean, Sunflower, Canola, Cotton and Grain Seed Crops such as Wheat, Rice, Corn, and Millet.
The Global Oilseed Market is dominated by Soybean whereas corn dominates the Grain Seed Market. Soybean and corn crops are fastest growing segments in oilseed and grain seed market respectively. Latin America is the largest producer of soybean North America and Europe are major producers of corn. Asia-Pacific is the leading market for rice and cotton, and ROW for sorghum whereas Europe is the leading market for the production of wheat, canola, and sunflower.
The market for oilseeds and grain seeds depend upon the global consumption of food, which is set to increase with the rise in global population and predicates the fortune for the Global Oilseed and Grain Seed market which is expected to grow at a significant rate of CAGR.
Abundance of loss of crop and high return on investment is fueling market for engineered seed. Less cost of development for new plant biotechnology trait leading to increased new products launch.
Global oilseed and grain seed market is driven by many factors such as pressure of continuously increasing population, maximum production with limited available land effective advance technologies, crop losses, and extensive expenditure of agricultural farms. Rising demand of vegetable oil and grains has its impact on conventionally produced oilseed and grain seed and more on trait seed. Abundance of loss of crop and high return on investment is fueling market for engineered seed. Less cost of development for new plant biotechnology trait leading to increased new products launch.
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Oilseed and Grain Seed Global Market – Segments
The Oilseed and Grain Seed market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation by Type: Comprises Oilseed (Soybean, Sunflower, Cotton and Rapeseed/Canola) and Grains (Maize/Corn, Rice, Wheat and Sorghum)
- Segmentation by Biotech Trait: Comprises Seed with Biotech Trait, Herbicides Tolerant, Insecticide Resistant, Stacked Trait (Abiotic Stress Tolerance, Disease Resistance, Modified product quality and Pollination control system) and others.
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Oilseed and Grain Seed Global Market – Synopsis
People often get confused between the use of the terms “rapeseed” and “canola.” Rapeseed is the traditional name for the group of oilseed crops in the Brassicaceae family. It can be divided into two types — industrial rapeseed or canola. Visually, the seeds of the two types are identical. The distinguishing difference between the two types is their individual chemical or fatty acid profiles. Generally, “industrial rapeseed” refers to any rapeseed with a high content, say – at least 45 percent of erucic acid in the oil. Whereas ‘Canola’ refers to the edible oil crop that is characterized by low erucic acid which is less than 2 percent and low levels of glucosinolates.
Rapeseed is primarily grown for its oil. A big challenge of profitable rapeseed production is the limited use and markets for the meal remaining after oil processing. In some areas, rapeseed, which contains more than 40 percent oil, becomes more profitable than soybeans, which contain 18 percent oil. Rapeseed is also beneficial as a cover crop and for annual forage. It provides good soil cover over winter to prevent soil erosion, produces large amounts of biomass, suppresses weeds, and can improve soil tilth with its root system. Rapeseed can also be grazed by livestock during the fall growth period.
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Oilseed and Grain Seed Market – Regional Analysis:
North America dominated the Global Oilseed & Grain Seed market with the largest market share, accounting for an astronomical amount and is expected to grow further over its previous growth records by 2027. Oilseed and grain seed Asia-Pacific market is expected to grow at a substantial CAGR during 2016 to 2027. The European market for Oilseed & Grain Seed is expected to grow at considerable GAGR between 2016-2027.
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