- Cotton Seeds
- Palm Seeds
- Sunflower Seeds
- Soybean Seeds
- Groundnut Seeds
- Vegetable Seeds
Asia Pacific Oilseeds Market size was valued at USD 22.6 billion in 2021 and is expected to reach USD 41.3 billion by 2028, at a CAGR of 9.0% during the forecast period 2022 to 2028. Seeds are the embryonic plants enclosed in protective outer covering. Oilseeds are used in agriculture farming for the production of oils as end products. Generally, oils are produced from various crops such as soybean, cotton, palm seeds, cotton seeds, ground nuts, vegetables, and sunflower among others. These oils are used in the domestic purpose as a cooking oil, manufacturing of food and feed products, and other industrial applications. Nowadays, these oils are also used as biofuels in vehicles.
Fastest Growing Market
Drivers: Increase in the farming of oil producing crops due to increase in the domestic and industrial consumption Adoption of technologically advanced seeds such as genetically modified seeds Government support for improving the crop yield Restraints: High cost with long duration for R&D activities Stringent regulations for the approval newer seeds Fluctuations in environmental conditions leads to quick spoilage of seeds
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.