United States (US) Oilseeds Market Summary, Competitive Analysis and Forecast to 2028
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Oilseeds in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Oilseeds are predominantly cultivated to obtain edible oils from their seeds. Oil can be obtained from Oilseeds by employing both mechanical and solvent-based extraction methods. Oilseeds are used in a variety of applications, including edible oils, animal feed, and industrial uses (biofuels). Both conventional and genetically modified oilseeds are within our scope.
– The US oilseeds market recorded revenues of $37.8 billion in 2023, representing a compound annual growth rate (CAGR) of 1.1% between 2018 and 2023.
– The soybean segment accounted for the market's largest proportion in 2023, with total revenues of $35.3 billion, equivalent to 93.4% of the market's overall value.
– The US stood as the second-largest producer of soybeans and the eighth-largest producer of sunflower seeds in 2023, with production volumes reaching 113,344 (1000 MT) and 1,027 (1000 MT) respectively, as per USDA.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oilseeds market in the United States
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oilseeds market in the United States
– Leading company profiles reveal details of key oilseeds market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the United States oilseeds market with five year forecasts
Reasons to Buy
– What was the size of the United States oilseeds market by value in 2023?
– What will be the size of the United States oilseeds market in 2028?
– What factors are affecting the strength of competition in the United States oilseeds market?
– How has the market performed over the last five years?
– Who are the top competitors in the United States's oilseeds market?
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