Oilseed and Pulses Market Size, Share, Trends, Demand, Growth and Competitive Outlook
Oilseed and Pulses Market Size, Share, Trends, Demand, Growth and Competitive Outlook
Blog Article
Global Oilseed and Pulses Market – Industry Trends and Forecast to 2029
Global Oilseed and Pulses Market, By Oilseed Type (Peanut, Soybean, Sunflower Seed, Cottonseed, Copra, Palm Kernel and Rapeseed), Pulse Type (Chickpeas, Kaspa Peas, Lentils, Pigeon Peas, Fava Beans, Black Gram, Mung Beans, Others) End User (Home Use, Snack Food Industry, Flour Industry, Others) – Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that oilseed and pulses market was valued at USD 3.55 billion in 2021 and is expected to reach the value of USD 5.71 billion by 2029, at a CAGR of 6.11 % during the forecast period of 2022-2029.
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**Segments**
- Oilseeds:
Oilseeds are crucial agricultural commodities that are used for their oil content. They include crops such as soybeans, canola, sunflower seeds, and palm kernels. The oil extracted from these seeds is used for cooking, animal feed, and in various industrial applications. The demand for oilseeds is influenced by factors such as changing dietary preferences, population growth, and increasing disposable income. Additionally, the market for oilseeds is impacted by weather conditions, which can affect crop yields and supply.
- Pulses:
Pulses are a group of crops that include lentils, chickpeas, dry peas, and beans. They are rich in protein, fiber, and essential nutrients, making them an important part of the human diet, especially for vegetarians and vegans. The global demand for pulses is driven by their health benefits, increasing awareness about plant-based diets, and growing population. Pulses are also used in food processing and animal feed industries, further contributing to their market growth. Like oilseeds, pulses are susceptible to weather conditions and crop diseases that can impact production levels.
**Market Players**
- Archer Daniels Midland Company:
ADM is a major player in the oilseed and pulses market, with a strong presence in processing and trading of agricultural commodities. The company operates globally, supplying oilseeds and pulses to food manufacturers, animal feed producers, and industrial customers. ADM's extensive network and expertise in sourcing, processing, and distribution give it a competitive edge in the market.
- Cargill, Incorporated:
Cargill is another key player in the oilseed and pulses industry, involved in the production, processing, and distribution of a wide range of agricultural products. The company has a significant presence in oilseed crushing, refining, and trading, as well as in the pulses market. Cargill's focus on sustainability, innovation, and customer service has helped it maintain a strong position in the competitive market.
- Bunge LimitedBunge Limited is a notable player in the global oilseed and pulses market, with a strong foothold in the agricultural commodities industry. The company is involved in sourcing, processing, and distribution of oilseeds like soybeans, sunflower seeds, and canola, as well as pulses such as lentils and chickpeas. Bunge's operations are spread worldwide, supplying a diverse range of products to food manufacturers, animal feed producers, and industrial clients. The company's strategic alliances and acquisitions have helped in expanding its market presence and enhancing its product portfolio to meet the evolving needs of customers.
One of Bunge's key strengths lies in its extensive network of processing facilities and logistics capabilities, allowing for efficient supply chain management and timely delivery of products to customers across regions. This operational efficiency enables Bunge to navigate market challenges such as fluctuating commodity prices, regulatory changes, and geopolitical uncertainties, thus maintaining a competitive edge in the industry. Additionally, the company's focus on innovation and sustainability aligns with the growing consumer demand for ethically sourced and environmentally friendly products, further bolstering its market position.
Moreover, Bunge's investments in research and development have led to the introduction of new technologies and processes to enhance product quality, increase yields, and improve sustainability practices throughout the supply chain. By staying at the forefront of industry trends and consumer preferences, Bunge remains agile in responding to market dynamics and adapting its strategies to capitalize on emerging opportunities. The company's commitment to transparency and traceability in its sourcing practices also resonates with the increasing consumer awareness regarding food safety and authenticity, thereby strengthening customer trust and loyalty.
In terms of competition, Bunge faces challenges from other major players in the oilseed and pulses market such as ADM and Cargill, who also possess significant market share and capabilities in agricultural commodity trading and processing. However, Bunge's diversified product offerings, global reach, and focus on innovation provide a competitive advantage that allows the company to differentiate itself and capture market opportunities effectively. By**Global Oilseed and Pulses Market:**
- Peanut, Soybean, Sunflower Seed, Cottonseed, Copra, Palm Kernel, and Rapeseed are the key oilseed types driving the market growth.
- Chickpeas, Kaspa Peas, Lentils, Pigeon Peas, Fava Beans, Black Gram, Mung Beans, and others are prominent pulse types contributing to market expansion.
- End users of oilseeds and pulses include home use, snack food industry, flour industry, and others.
- Industry trends and forecasts for the oilseed and pulses market are projected up to 2029.
The global oilseed and pulses market is witnessing significant growth due to changing dietary preferences, increasing health consciousness among consumers, and the rise in demand for plant-based protein sources. Oilseeds and pulses play a vital role in the food processing industry, catering to various end-user segments such as home use, snack food manufacturers, and flour industry players. The versatility of oilseeds and pulses in culinary applications, coupled with their nutritional benefits, is driving their consumption across different regions.
Key market players like Archer Daniels Midland Company, Cargill, Incorporated, and Bunge Limited are actively contributing to the growth of the oilseed and pulses market through their extensive operations in sourcing, processing, and distribution. These companies have established global networks that enable them to meet the evolving needs of customers and adapt to market fluctuations efficiently. Investing in sustainability initiatives, innovation, and customer
Key points covered in the report: -
- The pivotal aspect considered in the global Oilseed and Pulses Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Oilseed and Pulses Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Oilseed and Pulses Market.
- The Global Oilseed and Pulses Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Countries Studied:
- North America (Argentina, Brazil, copyright, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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