The global oilseeds feed market has seen substantial geographical variance, with China leading at 16.81 million metric tons, followed by the United States (5.4) and Argentina (4.2). China experienced a modest 0.78% year-on-year increase in 2023, indicating stable demand. Meanwhile, countries like Malaysia and Thailand showed significant growth rates of 8.36% and 8.68%, respectively. In contrast, some markets faced declines, as seen in Vietnam (-1.7%) and Canada (-2.84%). The compounded annual growth rate (CAGR) analysis reveals a mixed landscape with regions like Belarus (11.9%) and Ethiopia (5.44%) displaying robust growth, whereas significant decreases were noted in Ukraine (-22.18%) and Iran (-40.21%).
Future trends to watch for in the global oilseeds feed market include potential shifts in demand due to geopolitical tensions, technological advancements in agricultural practices, and sustainability initiatives influencing production methods. Emerging markets in countries like Ethiopia and Iraq are expected to play a more critical role, while established markets may strive for greater efficiency and sustainability. Continuous monitoring of policy changes and global trade dynamics will be essential for a comprehensive understanding of future market directions.
Top countries in Oilseeds Feed by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 16,810 | 2023 | +0.12% | +0.78% | View data |
| 2 | 2 United States | 5,400 | 2023 | -1.44% | +1.02% | View data |
| 3 | 3 Argentina | 4,200 | 2023 | +2.74% | +3.48% | View data |
| 4 | 4 India | 3,390 | 2023 | -3.36% | +0.2% | View data |
| 5 | 5 Russia | 1,850 | 2023 | +1.59% | +2.24% | View data |
| 6 | 6 Mexico | 1,740 | 2023 | +1.81% | +1.23% | View data |
| 7 | 7 Pakistan | 1,360 | 2023 | -1.31% | -0.36% | View data |
| 8 | 8 Egypt | 843 | 2023 | +6.04% | +2.07% | View data |
| 9 | 9 Brazil | 835 | 2023 | -5.65% | -1.6% | View data |
| 10 | 10 Australia | 804 | 2023 | +3.47% | +0.58% | View data |