The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Size and Recent Growth

• Market Size in 2023: $104.68 billion
• Expected Growth in 2024: $120.31 billion
• CAGR: 14.9% from 2023 to 2024
• Historic Growth Drivers:
  • Global population growth
  • Government subsidies and support
  • Shift in dietary preferences
  • Globalization of food trade
  • Climate and weather patterns
  • Investment in agriculture infrastructure

Future Market Projections

• Market Size in 2028: Expected to reach $197.93 billion
• CAGR: 13.3% from 2024 to 2028
• Forecast Period Growth Drivers:
  • Demand for functional and specialty grains
  • Focus on crop resilience and adaptation
  • Development of high-oleic varieties
  • Increasing use of precision agriculture
  • Consumer awareness of nutritional benefits

Read The Full Oilseed And Grain Seed Market Report Here:
https://www.thebusinessresearchcompany.com/report/oilseed-and-grain-seed-global-market-report

Major Trends in the Forecast Period

• Integration of digital farming practices
• Seed treatment technologies
• Adoption of genetically modified (GM) seeds
• Biological seed treatments
• Traceability and quality assurance

Rising Food Demand Fueling Market Growth

• Rising Food Demand: A key driver for market expansion
• Global Hunger Statistics:
  • World Food Programme (2022): 828 million people affected by hunger in 2021, a 46 million increase from 2020
  • Projected for 2023: 345.2 million people expected to be food insecure
• Importance of Oilseed and Grain Seeds:
  • Provide essential nutrients
  • Can be consumed as food or used to produce oil

Major Companies in the Market

• Gansu Dunhuang Seed Co. Ltd.
• Hefei Fengle Seed Co. Ltd.
• Krishidhan Seeds Pvt. Ltd.
• Mahyco Private Limited
• The Monsanto Company
• Nuziveedu Seeds Ltd.
• BASF SE
• Burrus Seed Farms Inc.
• Rallis Ltd.
• Seed Co. Group
• Cargill Incorporated
• Stine Seed Company
• KWS Saat AG
• CHS Inc.
• Mountain States Oilseeds LLC
• Bayer AG
• Louis Dreyfus Company
• Dow Inc.
• Archer Daniels Midland Company

Technological Advancements Transforming the Market

• Key Trend: Technological innovation
• Examples of Innovation:
  • Syngenta (September 2022): Launched a tool to detect harmful nematodes via satellite images, protecting soybean crops from pests
  • Uses digital technology with a proprietary algorithm to identify high infestation areas and estimate potential losses

Strategic Acquisitions

• Cargill’s Acquisition of Owensboro Grain Company:
  • January 2023: Acquired Owensboro Grain Company
  • Enhances Cargill’s global grain capabilities
  • Improves grain capacity and customer experience

Market Segmentation

• By Type:
  • Oilseed
  • Grain Seed
• By Biotech Trait:
  • Herbicides Tolerant
  • Insecticide Resistant
  • Other Stacked Trait
• By Sales Channel:
  • Aftermarket
  • Manufacturer/Distributor/Service Provider
• By Application:
  • Feed
  • Food
  • Industrial
  • Agriculture Industry
  • Oil Market

Regional Insights

• Largest Region in 2023: North America

The oilseed and grain seed market is experiencing rapid growth driven by rising food demand, technological advancements, and strategic acquisitions. With significant investments in innovative seed technologies and a focus on crop resilience and nutritional benefits, the market is poised for continued expansion, enhancing global food security and agricultural productivity.

Get A Free Sample On The Global Oilseed And Grain Seed Market Report:
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The Oilseed And Grain Seed Global Market Report 2024  provides an overview of the oilseed and grain seed market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The oilseed and grain seed market forecast analyzes oilseed and grain seed market size, oilseed and grain seed market share, leading competitor and their market positions.

Explore Similar Reports From The Business Research Company:
Oilseed Farming Global Market Report 2024
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