Global Oil Seed Processing Equipment Market Size By Type (Oil Extraction Equipment, Oilseed Crushing Equipment, Oilseed Cleaning Equipment), By End-user (Edible Oil, Biofuels), By Geographic Scope And Forecast

Oil Seed Processing Equipment Market Size And Forecast

The market size of the Global Oilseed Processing Equipment Market stood at USD 15,554.54 Million in 2022 and is projected to reach USD 22,141.73 Million by 2030. The Market is projected to grow at a CAGR of 4.64% from 2024-2030.

The demand for oilseed processing equipment is primarily driven by the growing global consumption of edible oils and the expanding biodiesel industry. The Global Oilseed Processing Equipment Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Oil Seed Processing Equipment Executive Summary

The demand for oilseed processing equipment is primarily driven by the growing global consumption of edible oils and the expanding biodiesel industry. Rising population and changing dietary preferences are fueling the need for vegetable oils, while environmental concerns are promoting biodiesel production. Oilseed processing equipment enables efficient extraction, refining, and production of these oils, catering to both food and renewable energy sectors. Additionally, technological advancements, increasing automation, and the pursuit of healthier oil alternatives further contribute to the demand for modern, high-capacity processing equipment, enhancing productivity and sustainability in the oilseed industry.

Asia-Pacific accounted for the largest market share of 40.32% in 2022, with a market value of USD 6,271.6 Million and is projected to grow at the highest CAGR of 5.06% during the forecast period. Latin America was the second-largest market in 2022, valued at USD 3,622.7 Million in 2022; it is projected to grow at a CAGR of 4.52%.

Global Oil Seed Processing Equipment MarketSegmentation Analysis

The Global Oil Seed Processing Equipment Market is segmented based on Type, End-user, and Geography.

Oil Seed Processing Equipment Market, By Type

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Based on Type, the market is segmented into oil extraction equipment, oilseed crushing equipment, oilseed cleaning equipment, oil hulling equipment, and oilseed presses.

Equipment for oil extraction is essential in the culinary industry. It creates premium oils for flavoring, baking, frying, and cooking. Due to their natural qualities and possible skin advantages, oils extracted using specialist equipment are used in cosmetic and personal care products. Additionally, industrial-grade oils made from oilseeds are essential for manufacturing operations, including making lubricants, biofuels, and other industrial uses. Oil Extraction Equipment accounted for the largest market share of 56.75% in 2022, with a market value of USD 8,827.7 Million, and is projected to grow at a CAGR of 4.84% during the forecast period. Oilseed Presses was the second-largest market in 2022, valued at USD 2,516.0 Million in 2022; it is projected to grow at a CAGR of 4.09%. However, Oilseed Hulling Equipment is projected to grow at the highest CAGR of 5.61%.

Oil Seed Processing Equipment Market, By End-user

On the basis of End-user, the Global Oil Seed Processing Equipment Market has been segmented into edible oil, biofuels, and others.

Edible oil refers to the cooking oil that is obtained from processing oil seeds under specific conditions to get the right consistency and texture. Edible seed oils include Corn oil, Canola oil, Cottonseed oil, Soy oil, Sunflower oil, Safflower oil, and Grapeseed oil, amongst others. Edible seed oils are used in different methods of cooking such as sauteing, shallow frying, deep frying, tossing, salad dressing, baking, poaching, and rest of others, depending on the characteristics of the oil. The consumption of edible seed oils across the world is growing year on year due to various factors. Edible Oil accounted for the largest market share of 57.83% in 2022, with a market value of USD 8,994.6 Million and is projected to grow at a CAGR of 4.53% during the forecast period. Biofuel was the second-largest market in 2022, valued at USD 3,054.5 Million in 2022; it is projected to grow at the highest CAGR of 5.85%.

Oil Seed Processing Equipment Market, By Geography

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On the basis of regional analysis, the Global Oil Seed Processing Equipment Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

In North America, US accounted for the largest market share of 70.12% in 2022, with a market value of USD 2,046.1 Million and is projected to grow at a CAGR of 4.19% during the forecast period. Canada was the second-largest market in 2022, valued at USD 703.8 Million in 2022; it is projected to grow at a CAGR of 4.16%. However, Mexico is projected to grow at the highest CAGR of 4.70%.In Europe, Germany accounted for the largest market share of 16.21% in 2022, with a market value of USD 381.2 Million and is projected to grow at a CAGR of 3.82% during the forecast period. UK was the second-largest market in 2022, valued at USD 143.9 Million in 2022; it is projected to grow at a CAGR of 4.06%. However, Rest of Europe is projected to grow at the highest CAGR of 4.28%.

In Asia-Pacific, China accounted for the largest market share of 30.21% in 2022, with a market value of USD 1,894.6 Million and is projected to grow at a CAGR of 5.08% during the forecast period. Japan was the second-largest market in 2022, valued at USD 139.9 Million in 2022; it is projected to grow at a CAGR of 3.74%. However, India is projected to grow at the highest CAGR of 5.89%. In Latin America, Brazil accounted for the largest market share of 41.21% in 2022, with a market value of USD 1,492.9 Million and is projected to grow at a CAGR of 4.43% during the forecast period. Argentina was the second-largest market in 2022, valued at USD 1,352.0 Million in 2022; it is projected to grow at the highest CAGR of 4.60%. While, in the Middle East & Africa, South Africa accounted for the largest market share of 17.78% in 2022, with a market value of USD 69.4 Million and is projected to grow at a CAGR of 4.96% during the forecast period. UAE was the second-largest market in 2022, valued at USD 46.9 Million in 2022; it is projected to grow at a CAGR of 4.66%. However, Rest of MEA is projected to grow at the highest CAGR of 5.28%.

Key Players

The major players in the market are; Goyum screw press, Anderson International Corp., Alvan Blanch Development Co., Ltd., French Oil Mill Machinery Co., Qie Grain and Oil Machinery Co., Ltd., Anyang Best Complete Machinery Engineering Co., Ltd., Henan Doing Mechanical Equipment Co., Ltd., Henan Kingman Mechanical & Electrical Complete Plant Co., Ltd. (Kmec), Gobind expeller company, Nebraska Screw Press, and others. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.

Company Market Ranking Analysis

The company ranking analysis provides a deeper understanding of the top 3 players operating in Oil Seed Processing Equipment market. takes into consideration several factors before providing a company ranking. The top three players for the Goyum screw press, Anderson International Corp., and Alvan Blanch Development Co., Ltd. The factors considered for evaluating these players include company’s brand value, product portfolio (including product variations, specifications, features and price), company presence across major regions, product related sales obtained by the company in recent years and its share in the total revenue. further studies the company’s product portfolio based on the technologies adopted or new strategies undertaken by the company to enhance their market presence globally or regionally. We also consider the distribution network (online as well as offline) of the company that helps us to understand the company’s presence and foothold in various Oil Seed Processing Equipment markets.

Company Regional/Industry Footprint

The company’s regional section provides geographical presence, regional level reach, or the respective company’s sales network presence. For instance, Goyum screw press has its presence globally i.e., in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their products. The product portfolio of the companies is classified in terms of their diversification as well as the number of products/services that are available. The geographic reach and the market penetration are determined considering the penetration of the company’s products and services in various geographical regions and industries.

Ace Matrix

This section of the report provides an overview of the company evaluation scenario in the Oil Seed Processing Equipment market. The company evaluation has been carried out based on the outcomes of the qualitative and quantitative analyses of various factors such as the product portfolios, technological innovations, market presence, revenues of companies, and the opinions of primary respondents.

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