Industry growth will be stimulated by several factors over the next five years, particularly as downstream markets experience a surge. The emerging biodiesel industry will boost demand for industry products, and the increasingly health-conscious public will also support growth for relatively healthy vegetable oils, such as canola and sunflower. These trends in demand will cause the price of oilseed to rise, resulting in better returns for industry operators.
Farmers in this industry grow a variety of oilseeds, including canola seeds, sunflower seeds, flaxseeds, safflower seeds and mustard seeds. Soybeans (IBISWorld report 11111) and cottonseeds are not included in this industry report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.