Oilseed Farming market includes establishments involved in growing oilseed crops and producing seeds. These crops are typically grown in open fields and have an annual growth cycle.
The global oilseed farming market was valued at $508.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $303.8 billion or 59.7% of the global market. China was the largest country accounting for $95.3 billion or 18.7% of the global oilseed farming market.
Big data farming, also known as precision farming, is being widely being used in several developed countries to make oilseed production more efficient. Precision agriculture collects real time data on weather, soil and air quality, crop maturity, equipment, labor costs and availability to carry out agriculture activities. Farmers use these techniques to determine the amount of nutrients, water, seed and other inputs required to produce a wide range of oilseed crops on diverse soil environments, thereby increasing farm and crop yield.
The companies covered are Burrus Seed farm, Gansu Dunhuang Seed Co Ltd, Hefei Fengle Seed Co Ltd, Land O’Lakes Inc, and Diester Industries.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The oilseed farming market is segmented into Soybean Farming; and Other Oilseed Farming.
Soybean Farming comprises establishments primarily engaged in growing soybeans and/or producing soybean seeds.
Other Oilseed Farming comprises establishments primarily engaged in growing fibrous oilseed producing plants and/or producing oilseed seeds, such as sunflower, safflower, flax, rape, canola, and sesame.