The oilseeds market is estimated to account for a value of USD 250.0 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 335.0 billion by 2025. The demand for healthy and organic oilseed-processed products, public-private partnerships in varietal development, and molecular breeding in oilseeds are some of the factors driving the growth of the oilseeds market.
By type, the sunflower segment is projected to be the fastest-growing segment in the oilseeds market during the forecast period.
The sunflower segment in the oilseeds market is projected to be the fastest-growing segment as it is a rich source of oil, protein, calcium, carbohydrate, and ash. The seeds of sunflower are being used widely in the feed industry in the form of sunflower meal, which is increasingly used as a substitute to soybean meal as it is offered at higher prices.
