Overview

Heavy drought: Plummeting oilseed prices in recent years will temporarily hurt industry revenue

The Oilseed Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth
11-16
-0.9%
Annual Growth
16-21
Profit
Employment
10,230
Business
10,026

Industry Threats & Opportunities

  • Over the past five years, oilseed prices have decreased significantly due to a surplus of oilseeds
  • Oilseeds are generally more profitable than other field crops
  • Foreign goods will be relatively less expensive for US consumers

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    Industry Analysis & Industry Trends

    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...

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    Industry Report - Industry SWOT Analysis Chapter

    This industry is in the mature phase of its life cycle. Oilseed farming has experienced significant revenue decreases in the past five years as oilseed prices decreased, mostly because of overproduction. As oilseed prices stabilize in the next few years, revenue growth is expected to recover. The industry's maturity is indicated by its industry value added, a measure of an industry's contribution to the overall economy, which is expected to decrease an annualized 4.6% in the 10 years to 2021. This growth rate is much lower than GDP's expected 2.1% annualized growth over the same period.

    Policy decisions to support biodiesel production in the United States have provided recovery opportunities for the industry. The..

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    Additional Insights for the Oilseed Farming Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Oilseed Farming Industry are

  • Economies of scale
  • Ability to alter goods and services produced in favor of market conditions
  • Appropriate climatic conditions
  • IBISWorld analysts also discuss how external factors such as Price of oilseeds and Demand from food manufacturing in the Oilseed Farming industry impact industry performance..

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    Industry Products

    What is the Oilseed Farming Industry?

    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.

    Industry Products
    Canola
    Flaxseed
    Mustard seed
    Safflower
    Sunflower
    Industry Activities
    Canola farming, field and seed production
    Flaxseed farming, field and seed production
    Mustard seed farming, field and seed production
    Rapeseed farming, field and seed production
    Safflower farming, field and seed production
    Sunflower farming, field and seed production
    Sesame farming, field and seed production

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Price of oilseeds
  • Demand from food manufacturing
  • Trade-weighted index
  • Natural disaster index
  • World price of soybeans

  • Current Performance
  • Demand from biofuel production
  • Revenue and profit
  • Industry participation
  • Chart: Revenue Growth

  • Industry Outlook
  • International trade
  • Profit
  • Genetic modification
  • Table: Oilseed Farming Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Oilseed Farming Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Animal Food Production
  • Flour Milling
  • Margarine & Cooking Oil Processing
  • Corn, Wheat & Soybean Wholesaling

  • Key Selling Industries
  • Corn, Wheat & Soybean Wholesaling
  • Crop Services
  • Farm, Lawn & Garden Equipment Wholesaling
  • Tractors & Agricultural Machinery Manufacturing

  • Products & Services
  • Sunflower
  • Canola
  • Flaxseed
  • Safflower
  • Mustard seed
  • Chart: Oilseed Farming Industry Products and Services Segmentation

  • Demand Determinants
  • Edible oils production
  • The price of oilseeds relative to alternative oilseeds
  • Consumer tastes and preferences
  • Activity in intensive livestock production
  • Activity in biofuel production
  • Exchange rates

  • Major Markets
  • Domestic oil processors
  • Exports
  • Domestic oilseed wholesalers
  • Domestic seed sales
  • Chart: Major Market Segmentation for the Oilseed Farming Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationUtilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Oilseed Farming

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Oilseed Farming Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Oilseed Farming Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Oilseed Farming Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Canola Seed Planted Acres (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Canola
  • A cultivator of rapeseed that has lower levels of erucic acid.
  • Genetic Modification
  • A technique where specific changes are introduced into a plant or animal's DNA by genetic engineering techniques. The most common modified foods include soybean, corn and canola.
  • Trans-Fat
  • Also known as trans fatty acid, it is found in small amounts in foods such as dairy products and animal meat, but it can also be created by the hydrogenation of some vegetable oils.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Oilseed Farming:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Oilseed Farming market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Oilseed Farming, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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