North America Oilseed Market (seed For Sowing) - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The North America Oilseed Market (seed For Sowing) is segmented by Breeding Technology ( Hybrids, Open Pollinated Varieties & Hybrid Derivatives ) , by Crop ( Canola, Rapeseed & Mustard, Soybean, Sunflower ) and by Country ( Canada, Mexico, United States )

Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Breeding Technology: Hybrids
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country: United States
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 3.27 %

MAJOR PLAYERS

Key Players

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Market Overview

The North America Oilseed Market (seed For Sowing) stood at 5.18 billion USD in 2022 and is projected to register a CAGR of 3.27% to reach 6.29 billion USD in 2028.

  • Largest Segment by Crop - Soybean : The segment has high demand due to increasing oil prices and increased exports of the crop by the United States to other countries due to low production in drought-affected regions, such as South America.
  • Largest Segment by Country - United States : It is the leading producer of soybean globally. The high RoI due to the availability of hybrid seeds encourages growers to cultivate more oilseeds.
  • Fastest-growing Segment by Crop - Sunflower : The demand for sunflower seeds increased due to the growing cultivation area and the high demand for sunflower oil from the cosmetics industry for different products.
  • Fastest-growing Segment by Country - Mexico : The country is expected to register the fastest growth in the region due to the rising demand for a meat alternative, high oil prices, and reduced imports of soybean oil.

Scope of the Report

Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Canola, Rapeseed & Mustard, Soybean, Sunflower are covered as segments by Crop. Canada, Mexico, United States are covered as segments by Country.
Breeding Technology
Hybrids
Non-Transgenic Hybrids
Transgenic Hybrids
Herbicide Tolerant
Insect Resistant
Other Traits
Open Pollinated Varieties & Hybrid Derivatives
Crop
Canola, Rapeseed & Mustard
Soybean
Sunflower
Other Oilseeds
Country
Canada
Mexico
United States
Rest Of North America

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Key Market Trends

Hybrids is the largest segment by Breeding Technology.

  • The total North American oilseed acreage was 49.1 million ha in 2021, which is expected to increase in the forecast period due to the increasing availability of high-yielding hybrids and increased adoption of GM hybrids.
  • In North America, out of the total seed market, oilseeds accounted for 20.4% in 2021, which is expected to grow in the forecast period, according to our estimates.
  • In North America, the total acreage under hybrid oilseed cultivation in 2021 was around 36.7 million ha, which increased by 1.4% compared to 2016. Furthermore, the acreage is estimated to follow a positive trend.
  • The United States is the largest country in terms of area under open-pollinated varieties and hybrid derivatives in North America. It is because the total acreage of oilseeds is more in the United States, but Canada has more area of oilseeds under OPVs in 2021, which is around 36.5% of the total open-pollinated oilseed cultivation area.
  • The United States and Canada are the major countries in the world that approved and commercialized genetically modified oilseeds such as canola and soybean. The major traits in GM oilseeds that are popular are herbicide tolerance and insect resistance; other priority traits are high oil content, high oleic acid, and lauric acid content, which fetch high prices in the processing industry.
  • OPVs are expected to increase in the United States and Mexico due to organic farming and the prohibition of GMOs, respectively, in the forecast period. In Canada, transgenic hybrids are most adopted by growers due to their high oil content and market prices. Therefore, the oilseed market is estimated to grow in the region in both hybrids and OPVs in the forecast period.

United States is the largest segment by Country.

  • In 2021, the North American region accounted for 40.1% of the global oilseeds market value. It is because the major exporting country of oilseeds is located in the region, and there is a high demand for consumption in different forms.
  • In 2021, the United States accounted for 30.8% of the global oilseed seed demand due to the high demand for consumption, a leading exporter, and high-profit margins. 
  •  In 2021, the United States was using about 90.4% of the total hybrids oilseeds segment in the region because of high yield and continued to be the leading exporter globally.
  • In Canada, soybean was the largest segment because of the high demand from other countries, and the country exported about 4.4 million ton of soybeans in 2020, an increase of 418,979 ton from 4.0 million ton in 2019. Therefore, more seeds will be required in the future to meet the demand of other countries and domestic demand.
  • The largest oilseed sown is soybean, which accounted for 72.0% of the total oilseeds value in 2021. It is because the majority of the seeds are used for soya meals in the country, and it is one of the higher-profit seeds for farmers in the country.
  • Other major North American countries, such as Cuba, Dominican Republic, Costa Rica, Jamaica, Panama, and Haiti, held a  0.1% market share in the region for the oil seeds segment in 2021.
  • The trade agreement between US-Canada-Mexico is helping the countries have free trade and limited approvals required for exporting seeds from one to another between the three countries.
  • Therefore, the high demand for oil crops, trade agreements, and about 90% seed replacement rate for the oilseed segment are expected to drive the growth of the market during the forecast period.

Competitive Landscape

The North America Oilseed Market (seed For Sowing) is moderately consolidated, with the top five companies occupying 60.73%. The major players in this market are BASF SE, Bayer AG, Corteva Agriscience, Land O’Lakes, Inc. and Syngenta Group (sorted alphabetically).

Major Players

  1. BASF SE

  2. Bayer AG

  3. Corteva Agriscience

  4. Land O’Lakes, Inc.

  5. Syngenta Group

*Disclaimer: Major Players are sorted alphabetically

Market Developments

  • July 2022: Corteva Agriscience, BASF and MS Technologies signed Agreement to to develop next-generation Enlist E3 soybeans with the nematode resistant soybean (NRS) trait for farmers in the United States and Canada.
  • May 2022: Syngenta Canada has launched new Pelta seed pelleting technology for canola, which helps in optimizing seed size and uniformity, enabling improved singulation planter performance.
  • May 2022: Corteva expanded its sunflower seed business in Europe with an investment of USD 14.1 million in the Afumati production facility in Romania to meet growing domestic and international demand from farmers for high-quality sunflower seeds.

Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1 Study Assumptions & Market Definition

    2. 3.2 Scope of the Study​

    3. 3.3 Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1 Area Under Cultivation

    2. 4.2 Most Popular Traits

    3. 4.3 Regulatory Framework

    4. 4.4 Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Breeding Technology

      1. 5.1.1 Hybrids

        1. 5.1.1.1 Non-Transgenic Hybrids

        2. 5.1.1.2 Transgenic Hybrids

          1. 5.1.1.2.1 Herbicide Tolerant

          2. 5.1.1.2.2 Insect Resistant

          3. 5.1.1.2.3 Other Traits

      2. 5.1.2 Open Pollinated Varieties & Hybrid Derivatives

    2. 5.2 Crop

      1. 5.2.1 Canola, Rapeseed & Mustard

      2. 5.2.2 Soybean

      3. 5.2.3 Sunflower

      4. 5.2.4 Other Oilseeds

    3. 5.3 Country

      1. 5.3.1 Canada

      2. 5.3.2 Mexico

      3. 5.3.3 United States

      4. 5.3.4 Rest Of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Key Strategic Moves

    2. 6.2 Market Share Analysis

    3. 6.3 Company Landscape

    4. 6.4 Company Profiles

      1. 6.4.1 Advanta Seeds - UPL

      2. 6.4.2 BASF SE

      3. 6.4.3 Bayer AG

      4. 6.4.4 Corteva Agriscience

      5. 6.4.5 Groupe Limagrain

      6. 6.4.6 Land O’Lakes, Inc.

      7. 6.4.7 Nufarm

      8. 6.4.8 S & W Seed Co.

      9. 6.4.9 Stine Seed Company

      10. 6.4.10 Syngenta Group

  7. 7. KEY STRATEGIC QUESTIONS FOR SEEDS CEOS

  8. 8. APPENDIX

    1. 8.1 Global Overview

      1. 8.1.1 Overview

      2. 8.1.2 Porter’s Five Forces Framework

      3. 8.1.3 Global Value Chain Analysis

      4. 8.1.4 Global Market Size and DROs

    2. 8.2 Sources & References

    3. 8.3 List of Tables & Figures

    4. 8.4 Primary Insights

    5. 8.5 Data Pack

    6. 8.6 Glossary of Terms

List of Tables & Figures

    Figure 1:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING) AREA UNDER CULTIVATION, HECTARE, 2016 - 2021

    Figure 2:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), MAJOR TRAITS VALUE SHARE(%), SOYBEAN, 2021

    Figure 3:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), VOLUME, METRIC TON, 2016 - 2028

    Figure 4:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), VALUE, USD, 2016 - 2028

    Figure 5:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY BREEDING TECHNOLOGY, VOLUME, METRIC TON, 2016 - 2028

    Figure 6:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY BREEDING TECHNOLOGY, VALUE, USD, 2016 - 2028

    Figure 7:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY BREEDING TECHNOLOGY, VOLUME, METRIC TON, 2016 VS 2022 VS 2028

    Figure 8:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY BREEDING TECHNOLOGY, VALUE, USD, 2016 VS 2022 VS 2028

    Figure 9:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY HYBRIDS, VOLUME, METRIC TON, 2016 - 2028

    Figure 10:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY HYBRIDS, VALUE, USD, 2016 - 2028

    Figure 11:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY HYBRIDS, VOLUME, METRIC TON, 2016 VS 2022 VS 2028

    Figure 12:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY HYBRIDS, VALUE, USD, 2016 VS 2022 VS 2028

    Figure 13:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY HYBRIDS, VOLUME, METRIC TON, 2026 - 2028

    Figure 14:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY HYBRIDS, VALUE, USD, 2026 - 2028

    Figure 15:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 16:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VOLUME, METRIC TON, 2016 - 2028

    Figure 17:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VALUE, USD, 2016 - 2028

    Figure 18:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY TRANSGENIC HYBRIDS, VOLUME, METRIC TON, 2016 VS 2022 VS 2028

    Figure 19:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY TRANSGENIC HYBRIDS, VALUE, USD, 2016 VS 2022 VS 2028

    Figure 20:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VOLUME, METRIC TON, 2026 - 2028

    Figure 21:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VALUE, USD, 2026 - 2028

    Figure 22:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 23:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VOLUME, METRIC TON, 2026 - 2028

    Figure 24:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VALUE, USD, 2026 - 2028

    Figure 25:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 26:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VOLUME, METRIC TON, 2026 - 2028

    Figure 27:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY TRANSGENIC HYBRIDS, VALUE, USD, 2026 - 2028

    Figure 28:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 29:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY BREEDING TECHNOLOGY, VOLUME, METRIC TON, 2026 - 2028

    Figure 30:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY BREEDING TECHNOLOGY, VALUE, USD, 2026 - 2028

    Figure 31:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 32:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VOLUME, METRIC TON, 2016 - 2028

    Figure 33:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VALUE, USD, 2016 - 2028

    Figure 34:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, VOLUME, METRIC TON, 2016 VS 2022 VS 2028

    Figure 35:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, VALUE, USD, 2016 VS 2022 VS 2028

    Figure 36:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VOLUME, METRIC TON, 2026 - 2028

    Figure 37:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VALUE, USD, 2026 - 2028

    Figure 38:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY BREEDING TECHNOLOGY, 2021 - 2028

    Figure 39:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VOLUME, METRIC TON, 2026 - 2028

    Figure 40:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VALUE, USD, 2026 - 2028

    Figure 41:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY BREEDING TECHNOLOGY, 2021 - 2028

    Figure 42:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VOLUME, METRIC TON, 2026 - 2028

    Figure 43:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VALUE, USD, 2026 - 2028

    Figure 44:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY BREEDING TECHNOLOGY, 2021 - 2028

    Figure 45:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VOLUME, METRIC TON, 2026 - 2028

    Figure 46:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY CROP, VALUE, USD, 2026 - 2028

    Figure 47:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY BREEDING TECHNOLOGY, 2021 - 2028

    Figure 48:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028

    Figure 49:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VALUE, USD, 2016 - 2028

    Figure 50:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY COUNTRY, VOLUME, METRIC TON, 2016 VS 2022 VS 2028

    Figure 51:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY COUNTRY, VALUE, USD, 2016 VS 2022 VS 2028

    Figure 52:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VOLUME, METRIC TON, 2026 - 2028

    Figure 53:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VALUE, USD, 2026 - 2028

    Figure 54:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 55:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VOLUME, METRIC TON, 2026 - 2028

    Figure 56:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VALUE, USD, 2026 - 2028

    Figure 57:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 58:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VOLUME, METRIC TON, 2026 - 2028

    Figure 59:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VALUE, USD, 2026 - 2028

    Figure 60:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 61:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VOLUME, METRIC TON, 2026 - 2028

    Figure 62:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), BY COUNTRY, VALUE, USD, 2026 - 2028

    Figure 63:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), SHARE(%), BY CROP, 2021 - 2028

    Figure 64:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2016 - 2021

    Figure 65:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING), MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 66:  

    NORTH AMERICA OILSEED MARKET (SEED FOR SOWING) SHARE(%), BY MAJOR PLAYERS, 2021

Market Definition

  • Commercial Seed - For the purpose of this study, only commercial seeds have been included as part of the scope. Farm-saved Seeds, which are not commercially labeled are excluded from scope, even though a minor percentage of farm-saved seeds are exchanged commercially among farmers. The scope also excludes vegetatively reproduced crops and plant parts, which may be commercially sold in the market.
  • Crop Acreage - While calculating the acreage under different crops, the Gross Cropped Area has been considered. Also known as Area Harvested, according to the Food & Agricultural Organization (FAO), this includes the total area cultivated under a particular crop across seasons.
  • Seed Replacement Rate - Seed Replacement Rate is the percentage of area sown out of the total area of crop planted in the season by using certified/quality seeds other than the farm-saved seed.
  • Protected Cultivation - The report defines protected cultivation as the process of growing crops in a controlled environment. This includes greenhouses, glasshouses, hydroponics, aeroponics, or any other cultivation system that protects the crop against any abiotic stress. However, cultivation in an open field using plastic mulch is excluded from this definition and is included under open field.

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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Frequently Asked Questions

The North America Oilseed Market (seed For Sowing) market is studied from 2016 - 2028.

The North America Oilseed Market (seed For Sowing) stood at 5.18 billion USD in 2022 and is projected to register a CAGR of 3.27% to reach 6.29 billion USD in 2028.

The segment has high demand due to increasing oil prices and increased exports of the crop by the United States to other countries due to low production in drought-affected regions, such as South America.

It is the leading producer of soybean globally. The high RoI due to the availability of hybrid seeds encourages growers to cultivate more oilseeds.

The demand for sunflower seeds increased due to the growing cultivation area and the high demand for sunflower oil from the cosmetics industry for different products.

The country is expected to register the fastest growth in the region due to the rising demand for a meat alternative, high oil prices, and reduced imports of soybean oil.

BASF SE,Bayer AG,Corteva Agriscience,Land O’Lakes, Inc. and Syngenta Group. are the major companies operating in North America Oilseed Market (seed For Sowing).