Oilseeds market seen topping $500B by 2030

The Business Research Company says the global oilseeds market is on track to cross $500.22 billion by 2030, driven by animal feed demand, biodiesel use and healthier food preferences. Asia-Pacific is expected to lead growth, while soybean remains the largest segment.

Why it matters: - The oilseeds market is becoming a bigger piece of global agriculture as demand rises across food, animal feed and renewable fuels. - The market’s growth points to higher demand for oilseed cultivation, processing capacity and supply-chain infrastructure. - The forecast also signals stronger competition for plant-based oils and protein ingredients.

What happened: - The Business Research Company projected the global oilseeds market will exceed $500.22 billion by 2030. - The market is expected to grow at an 8% compound annual growth rate through 2030. - Asia-Pacific is expected to be the largest regional market by 2030. - India is forecast to become the top country market by 2030. - The report was published from London on Oct. 14, 2026. - Request a sample of the oilseeds market report. - Access the detailed oilseeds market report.

The details: - Oilseed farming is forecast to reach about $756 billion by 2030, with oilseeds representing nearly 66% of that total. - The broader agriculture industry is estimated to reach $17,550 billion by 2030, putting oilseeds at roughly 3% of total industry value. - Soybean is expected to remain the largest oilseed type, with a 47% market share and $236 billion in 2030 sales. - The report also tracks copra, cottonseed, palm kernel, peanut, rapeseed, sunflower seed and other oilseeds. - The market segments by biotech traits, including herbicide tolerance, insect resistance and stacked traits. - The market also separates genetically modified and conventional types. - Applications include oilseed meal, vegetable oil and miscellaneous uses. - End-use industries include food, personal care and cosmetics, pharmaceuticals and others. - Expanded use in animal feed is a major growth driver, with soybean, rapeseed, cottonseed and sunflower meals used in poultry, livestock and aquaculture. - Rising meat, dairy and farmed fish consumption is increasing demand for oilseed cultivation and processing. - Biodiesel demand is another growth driver as vegetable oils such as soybean, rapeseed and sunflower oil are used as feedstock. - Consumer interest in healthy and organic products is boosting demand for oils and ingredients rich in unsaturated fats, nutrients and natural antioxidants. - The report says animal feed contributes about 2.2% to annual market growth. - Biodiesel adds about 2.0% to annual market growth. - Healthy and organic products add about 1.6% to annual market growth. - Asia-Pacific is forecast to reach $221 billion by 2030, up from $151 billion in 2025. - India is projected to reach $55 billion by 2030, up from $35 billion in 2025. - The Archer Daniels Midland Company held the leading position in 2025 with a 3% global market share. - Cargill had 2% market share, Bunge 1%, and Louis Dreyfus Company 0.3% in 2025. - Wilmar International and BASF each held 0.2%, while Corteva, Syngenta and Groupe Limagrain each held 0.1%. - Land O'Lakes held 0.05% in 2025. - The top 10 companies together held only 6% of market revenue in 2025, showing a fragmented market. - Moderate entry barriers remain tied to farming complexity, raw material availability, price swings, processing capability, quality standards and distribution needs. - October 2024 brought India’s National Mission on Edible Oils-Oilseeds, aimed at raising domestic output and reducing import dependence. - The report says more than $153 billion in new value will come from soybean, rapeseed, sunflower seed, cottonseed, peanut, palm kernel, copra and other oilseeds by 2030. - Soybean is projected to add $73 billion in value from 2025 to 2030. - Rapeseed is projected to add $21 billion, sunflower seed $16 billion, cottonseed $13 billion and peanut $13 billion. - Palm kernel is projected to add $8 billion, copra $5 billion and other oilseeds $4 billion.

Between the lines: - The report points to a market shaped less by a single use case and more by overlapping demand from food, feed and fuel. - Fragmented market share suggests room for consolidation, regional expansion and technology-driven scale advantages. - India’s policy push and Asia-Pacific’s growth outlook suggest production strategy may matter as much as consumer demand.

What's next: - Companies are expected to keep investing in high-yield seed varieties, sustainable farming, precision agriculture and processing capacity. - Market participants are also likely to expand extraction and crushing infrastructure to meet food and biodiesel demand. - The report says digital agriculture and logistics will remain important competitive tools. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrices, Excel-based forecasting dashboards, market hotspot infographics and updated graphics and tables.

The bottom line: - Oilseeds are moving from a commodity category to a strategic input for food security, renewable energy and plant-based nutrition.