South America Oilseeds Market Summary, Competitive Analysis and Forecast to 2028

Powered by

All the vital news, analysis, and commentary curated by our industry experts.


Oilseeds in South America industry profile provides top-line qualitative and quantitative summary information including: 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 South American oilseeds market recorded revenues of $45.1 billion in 2023, representing a compound annual growth rate (CAGR) of 1.9% between 2018 and 2023.
– The soybean segment accounted for the market's largest proportion in 2023, with total revenues of $42.6 billion, equivalent to 94.5% of the market's overall value.
– Brazil took the top spot as the largest producer of soybeans in 2023, with a production volume of 155 million metric tons (1000 MT), while Argentina secured the third position, generating 50 million metric tons (1000 MT) of soybeans, as per USDA.


– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oilseeds market in South America

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oilseeds market in South America

– 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 South America oilseeds market with five year forecasts

Reasons to Buy

– What was the size of the South America oilseeds market by value in 2023?

– What will be the size of the South America oilseeds market in 2028?

– What factors are affecting the strength of competition in the South America oilseeds market?

– How has the market performed over the last five years?

– What are the main segments that make up South America's oilseeds market?

Archer Daniels Midland Co
Bunge Global S.A.

Table of Contents

1 Executive Summary

1.1. Market value

1.2. Market value forecast

1.3. Category segmentation

1.4. Geography segmentation

1.5. Market rivalry

1.6. Competitive landscape

2 Market Overview

2.1. Market definition

2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation

4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary

6.2. Buyer power

6.3. Supplier power

6.4. New entrants

6.5. Threat of substitutes

6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?

7.2. What are the strengths of the leading players?

7.3. What are the strategies of the leading players?

7.4. What have been the recent developments in the oilseeds market?

8 Company Profiles

8.1. Archer Daniels Midland Co

8.2. Bunge Global S.A.

8.3. Cargill, Incorporated

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology

10.2. Industry associations

About GlobalData


Table 1: South America oilseeds market value: $ million, 2018–23

Table 2: South America oilseeds market category segmentation: % share, by value, 2018–2023

Table 3: South America oilseeds market category segmentation: $ million, 2018-2023

Table 4: South America oilseeds market geography segmentation: $ million, 2023

Table 5: South America oilseeds market value forecast: $ million, 2023–28

Table 6: Archer Daniels Midland Co: key facts

Table 7: Archer Daniels Midland Co: annual financial ratios

Table 8: Archer Daniels Midland Co: key employees

Table 9: Archer Daniels Midland Co: key employees Continued

Table 10: Bunge Global S.A.: key facts

Table 11: Bunge Global S.A.: annual financial ratios

Table 12: Bunge Global S.A.: key employees

Table 13: Cargill, Incorporated: key facts

Table 14: Cargill, Incorporated: key employees

Table 15: South America exchange rate, 2019–23


Figure 1: South America oilseeds market value: $ million, 2018–23

Figure 2: South America oilseeds market category segmentation: $ million, 2018-2023

Figure 3: South America oilseeds market geography segmentation: % share, by value, 2023

Figure 4: South America oilseeds market value forecast: $ million, 2023–28

Figure 5: Forces driving competition in the oilseeds market in South America, 2023

Figure 6: Drivers of buyer power in the oilseeds market in South America, 2023

Figure 7: Drivers of supplier power in the oilseeds market in South America, 2023

Figure 8: Factors influencing the likelihood of new entrants in the oilseeds market in South America, 2023

Figure 9: Factors influencing the threat of substitutes in the oilseeds market in South America, 2023

Figure 10: Drivers of degree of rivalry in the oilseeds market in South America, 2023

Frequently asked questions

South America Oilseeds Market Summary, Competitive Analysis and Forecast to 2028 standard reports
Currency USD

Can be used by individual purchaser only


Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Undecided about purchasing this report?

Enquire Before Buying

Get in touch to find out about multi-purchase discounts
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Agriculture and Forestry
Cybersecurity in Agriculture - Thematic Intelligence
$995 | May 2024
Agriculture and Forestry
Agriculture M&A Deals, Q1 2024 - Top Themes - Thematic…
$495 | May 2024
Agriculture and Forestry
Agriculture and Forestry: Hiring Trends & Signals Q1 2024
$100 | April 2024
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at South America Oilseeds Market Summary, Competitive Analysis and Forecast to 2028 in real time.

  • Access a live South America Oilseeds Market Summary, Competitive Analysis and Forecast to 2028 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.