Grain and Oilseed Milling Market: Segmented By Type (Rapeseed, Groundnut, Wheat, Oilcake, Palm, Sunflower and Cottonseed), By Application (Food, Feed and Industrial): By Process (Chemical, and Mechanical), and Region - Global Analysis of Market Size, Share & Trends for 2019-2020 and Forecasts to 2030
[170+ Pages Research Report] Grain and Oilseed Milling Market to surpass USD 181 billion by 2030 from USD 87.2 billion in 2021 at a CAGR of 8.5% in the coming years, i.e., 2020-30.
Grains and oilseeds are renewable raw materials with constantly fluctuating global supplies, which are largely determined by crop production cycles, weather and constant changes in global demand. The grain and oilseeds industry is a critical element in the food supply chain. Converting grains into food ingredients that often go to secondary processors such as bakeries or snack food manufacturers the make finished products that are retailed or delivered to consumers through other channels.
Market Highlights
Grain and Oilseed Milling Market is predicted to project a notable CAGR of 8.5% in 2030.
The Grain and Oilseed Milling Market to surpass USD 181 billion by 2030 from USD 87.2 billion in 2020 at a CAGR of 8.5% within the coming years, i.e., 2020-30. Income and population size are expected to continue to drive long-term growth in trade flows, and changes in consumer eating habits may cause further changes in these flows. In addition, the growing protectionist movement may undermine the benefits of international trade, which is vital to food security. China's low corn stocks and growing feed demand are key factors in the growth of China's corn and soybean imports, which is very important. It is expected that the annual import volume will continue and may exceed 30 million tons. Rice and other grains According to the Food and Agriculture Organization of the United Nations (FAO), global wheat production in 2020 has fallen by about 760 million tons, while the annual output of rice has remained at least about 510 million tons. Milled grains are expected to grow in developing countries with rapidly growing populations.
Oilcake segment to grow with the highest CAGR during 2020-30
Grain and Oilseed Milling Market is segmented by Type into Rapeseed, Groundnut, Wheat, Oilcake, Palm, Sunflower and Cottonseed. The oil cake segment is expected to dominate the Grain and Oilseed Milling Market. Many companies sell peanut butter blended with palm oil at prices lower than pure peanut butter, and the Grain and Oilseed Milling Market is growing rapidly. In addition, the palm oil sector also accounts for 15%. In addition, low-income consumers are willing to pay a premium for high-quality niche oils, which has a positive impact on the Grain and Oilseed Milling Market.
Biotechnology segment to grow with the highest CAGR during 2020-30
Grain and Oilseed Milling Market is segmented by Application into Food, Feed and Industrial. The Food segment is projected to dominate the Grain and Oilseed Milling Market. The food department should provide large sales. Oilseed products such as edible oil and flour are widely used in the food industry around the world, and this is expected to support strong growth in the Grain and Oilseed Milling Market.
Small Business Financing
Small business expansion is encouraged. Funding may be required for capital-intensive investments, such as purchasing real estate or equipment. Grain and oilseed mills can use the funding to cover start-up costs or the cost of hiring new employees. Loans are different from equity investments. in relation to the expected level of risk: the loans usually have guarantees, either directly or implicitly by the company or the owners, who guarantee repayment; Investing in stocks has the potential for much higher returns, but does not offer any guarantee that the principle will be paid back. However, both concepts are more used by private equity firms than by large startups, and the growing consumer preference for organic foods is a key factor in the growth of the Grain and Oilseed Milling Market.
Fastest Growing Grain & Oilseed Milling Companies
A rapidly growing list of competitors in the grain and oilseeds industry. Companies can grow organically or through acquisitions. Small or medium-sized companies are usually in "growth mode" and can expand faster. However, large companies can have the strategy. and financial opportunities to scale quickly. Firms employing a "hoard" strategy make multiple acquisitions of smaller firms to form a single large corporation that controls a larger market share than its competitors and benefits from economies of scale.
Cost as a barrier to SMEs
The cost of compliance is a barrier for SMEs, and the training and support required to help mills update their practices to meet the standard. The multimodal milling of grain and oilseeds is a major obstacle to Grain and Oilseed Milling Market growth. In addition, the risks associated with the high conversion costs and the uncertain market guarantee at the end of the transition period inhibit the growth of organic grain cultivation.
COVID-19 Impact on the Grain and Oilseed Milling Market
The spread of COVID19 has consequences for the international grain and oilseed milling market as well as for food security and nutrition worldwide. The coronavirus outbreak has also impacted global agri-food value chains and food demand. of the grain and oilseed meal market in 2020, prompting both importers and exporters to make many changes in their policies. While COVID19 is likely to have sustained impacts on the grain and oilseed milling market, the extent of the impact will depend on the pathways to economic recovery.
Cargill
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
The Grain and Oilseed Milling Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. The Asia-Pacific region is expected to dominate the grain and oilseed milling market, followed by Europe. Developing countries like China and India have imported and exported large quantities of corn and soybeans in recent months in an attempt to increase their grain reserves. The growth of the North American market can be traced back to several factors, such as: The US grain milling industry comprises around 460 operations (companies with one location and business units with multiple locations) with a combined annual turnover of around 16 billion US dollars.
Grain and Oilseed Milling Market is further segmented by region into:
Report Attribute | Details |
Market size value in 2020 | USD 87.2 billion |
Revenue Forecast in 2030 | USD 181 billion |
Growth Rate | CAGR of 8.5% from 2021 to 2030 |
Base year for estimation | 2020 |
Quantitative units | Revenue in USD million and CAGR from 2021 to 2030 |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered | Type, Application, Process and Region |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) | |
Key companies profiled | Cargill, Bunge, ADM, Richardson Oilseed, Viterra, Al Ghurair, CHS, Pacific Coast Canola (PCC), Oliyar, Wilmar International, COFCO |
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