Oilseed Market: Global Industry Analysis and Forecast 2015 - 2021 Oil seeds are generally used to extract edible oil for households and food industry. However over last two decades, usage of vegetable oil has been increased in the field of bio-fuel, due to shortage of non-renewable resources for various purposes. Oil seeds are pressed or crushed manually or mechanically to obtain edible oil. Few oilseeds such as Soybean and Peanuts are directly consumed as food besides extracting oil from them. In addition, poppy seed and hazelnuts, which are rich in oils are consumed directly, moreover these oil seeds are used as food ingredients in daily cooking. Download Sample Report @ http://www.persistencemarketresearch.com/samples/6967
The global oil seed market is segmented on the basis of types as Rapeseed, cottonseed, groundnuts, sunflower seed, Palm kernels and copra among others. Oilseed market can also be segmented on the basis of end-use application as household consumption, food-service, bio-fuels and others. In terms of regions, the market is segmented into four regions as North America, APAC, Europe and Rest of the world (RoW).
The key drivers of this market are the increased household consumption in emerging countries and growing foodservice industry. Growth in retail and modern oilseed processing technologies has further triggered the availability of product in the market. Another major factor that is expected to drive the market is demand for bio-fuels in developed and developing countries. Compulsory usage of bio-fuels in vehicles and other machinery would fuel the demand of oilseeds in the global market. Changing lifestyles followed by changing food preferences and experimenting with number of new food varieties; is driving the demand for oilseed market globally. Some of the restraining factors over next six years period could be the gap in demand and supply worldwide. Increasing government regulations on manufacturing, exporting and marketing of oil could be a potential restraint to this market.