세계의 고올레인산 대두 시장 : 성장, 전망, 경쟁 분석(2024-2032년)

The high oleic soybean market is expected to grow at a CAGR of 7.1% during the forecast period of 2024 to 2032, driven by the growing demand for healthier cooking oils, expanding applications in the food industry, and the environmental sustainability of high oleic soybeans. However, challenges related to the adoption of genetically modified crops pose a notable restraint to the market's growth. Geographically, North America dominates the market, exhibiting both the highest CAGR and revenue percentage. In the competitive landscape, key players like Corteva Agriscience, Bunge Limited, Archer Daniels Midland Company, Cargill, and DowDuPont employ strategic initiatives to maintain their market positions. The future trajectory of the high oleic soybean market hinges on continued innovation, sustainability efforts, and the dynamic landscape of consumer preferences in the food and agriculture sector.

Key Market Drivers

1. Growing Demand for Healthier Cooking Oils

The rising awareness of health and wellness is a major driver for the high oleic soybean market. Consumers are increasingly seeking healthier alternatives to traditional cooking oils, and high oleic soybean oil emerges as a preferred choice due to its improved nutritional profile. Evidence from consumer preferences, nutritional studies, and industry trends showcase the growing demand for healthier cooking oils, substantiating the driver's influence on market growth.

2. Expanding Applications in the Food Industry

The food industry's adoption of high-oleic soybeans is a significant driver contributing to market growth. High oleic soybean oil offers enhanced stability and longer shelf life, making it an ideal ingredient for various food products. Real-world examples of food companies incorporating high oleic soybean oil in their products highlight the versatility and applicability of this ingredient. These examples provide tangible evidence of the driver's impact on market expansion.

3. Environmental Sustainability of high oleic soybeans

The environmental sustainability aspect of high oleic soybeans is a key driver influencing market dynamics. High oleic soybeans are genetically modified to produce oils with improved characteristics, contributing to reduced land use and lower environmental impact. Evidence from agricultural practices and sustainability initiatives showcase the positive environmental footprint of high oleic soybean cultivation, emphasizing the driver's role in shaping market trends.

Restraint

Challenges in the Adoption of Genetically Modified Crops

Despite the market's growth, challenges in the adoption of genetically modified (GM) crops pose a notable restraint to the high oleic soybean market. Concerns related to consumer acceptance, regulatory hurdles, and the perceived risks of genetic modification hinder the widespread cultivation and adoption of high oleic soybeans. Instances of regulatory challenges, consumer resistance, and the slow pace of GM crop adoption underscore the need for targeted strategies to address these challenges. The restraint's influence on the market is evident, emphasizing the need for collaborative efforts to overcome barriers to adoption.

Market Segmentation

Nature: Organic vs. Conventional

In the segmentation by nature, the high oleic soybean market caters to both organic and conventional preferences. In 2023, the organic segment led in terms of revenue, driven by the growing consumer demand for organic and sustainably produced food products. Simultaneously, the conventional segment demonstrated the highest Compound Annual Growth Rate (CAGR) during the forecast period from 2024 to 2032, indicating a broader market for conventionally produced high oleic soybeans. Real-world examples of successful organic and conventional cultivation practices validate these findings, providing a comprehensive understanding of the market dynamics.

Type: Canola, Sunflower, Soybean, Palm, Others

In the segmentation by type, the high oleic soybean market offers various options, including canola, sunflower, soybean, palm, and other oleic-rich oil sources. In 2023, soybeans led in terms of revenue, driven by their widespread cultivation and versatile applications in the food industry. Simultaneously, palm oil demonstrated the highest CAGR during the forecast period, indicating a growing market for alternative oleic-rich oil sources. Specific examples of successful cultivation practices and industries contributing to the success of each type validate these findings, offering a comprehensive understanding of the market dynamics.

North America Remains the Global Leader

North America emerges as a key player, exhibiting both the highest CAGR and dominating revenue percentage. The region's advanced agricultural practices, consumer awareness, and strong demand for healthier food products contribute to its prominence in the market. Specific regional developments, such as increased adoption of high oleic soybeans in food processing, underscore the reasons behind North America's dominance in both revenue and CAGR.

Market Competition to Intensify during the Forecast Period

In the competitive landscape, key players in the high oleic soybean market employ diverse strategies to gain a competitive edge. As of 2023, prominent companies such as Corteva Agriscience, Bunge Limited, Archer Daniels Midland Company, Cargill, DowDuPont, AGP Grain Ltd., Bayer CropScience, and Maverik Oils lead the market. These industry giants adopt strategies like research and development, partnerships, and acquisitions to enhance their market presence. The revenue figures for 2023 and forecasts for the period from 2024 to 2032 provide a comprehensive overview of the competitive trends, allowing stakeholders to gauge the market's future trajectory. Corteva Agriscience, with its focus on sustainable agriculture and innovative crop solutions, secures a significant share of the market revenue. Bunge Limited and Archer Daniels Midland Company, with their extensive experience in the food and agriculture sector, contribute to shaping the industry. Cargill and DowDuPont, with their global reach and diversified portfolios, play a vital role in meeting the market demand. These companies collectively contribute to market growth, emphasizing their anticipated strategies and revenue growth from 2024 to 2032.

Historical & Forecast Period

This study report represents an analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of High Oleic Soybean market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users & consumption volume, price, and value.

Geographical revenues generated by countries considered in the report

Micro and macro environment factors that are currently influencing the High Oleic Soybean market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

Market Segmentation

Nature

• Organic

• Conventional

Type

• Canola

• Sunflower

• Soybean

• Palm

• Others

Region Segment (2022-2032; US$ Million)

North America

U.S.

Canada

Rest of North America

UK and European Union

UK

Germany

Spain

Italy

France

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa

GCC

Africa

Rest of Middle East and Africa

Key questions answered in this report

What are the key micro and macro environmental factors that are impacting the growth of High Oleic Soybean market?

What are the key investment pockets concerning product segments and geographies currently and during the forecast period?

Estimated forecast and market projections up to 2032.

Which segment accounts for the fastest CAGR during the forecast period?

Which market segment holds a larger market share and why?

Are low and middle-income economies investing in the High Oleic Soybean market?

Which is the largest regional market for High Oleic Soybean market?

What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Which are the key trends driving High Oleic Soybean market growth?

Who are the key competitors and what are their key strategies to enhance their market presence in the High Oleic Soybean market worldwide?

Table of Contents

1. Preface

• 1.1. Report Description
  • 1.1.1. Purpose of the Report
  • 1.1.2. Target Audience
  • 1.1.3. Key Offerings
• 1.2. Market Segmentation
• 1.3. Research Methodology
  • 1.3.1. Phase I - Secondary Research
  • 1.3.2. Phase II - Primary Research
  • 1.3.3. Phase III - Expert Panel Review
  • 1.3.4. Assumptions
  • 1.3.5. Approach Adopted

2. Executive Summary

• 2.1. Market Snapshot: Global High Oleic Soybean Market
• 2.2. Global High Oleic Soybean Market, By Nature, 2023 (US$ Million)
• 2.3. Global High Oleic Soybean Market, By Type, 2023 (US$ Million)
• 2.4. Global High Oleic Soybean Market, By Geography, 2023 (US$ Million)
• 2.5. Attractive Investment Proposition by Geography, 2023

3. High Oleic Soybean Market: Competitive Analysis

• 3.1. Market Positioning of Key High Oleic Soybean Market Vendors
• 3.2. Strategies Adopted by High Oleic Soybean Market Vendors
• 3.3. Key Industry Strategies
• 3.4. Tier Analysis 2023 Versus 2032

4. High Oleic Soybean Market: Macro Analysis & Market Dynamics

• 4.1. Introduction
• 4.2. Global High Oleic Soybean Market Value, 2022 - 2032, (US$ Million)
• 4.3. Market Dynamics
  • 4.3.1. Market Drivers
  • 4.3.2. Market Restraints
  • 4.3.3. Key Challenges
  • 4.3.4. Key Opportunities
• 4.4. Impact Analysis of Drivers and Restraints
• 4.5. See-Saw Analysis
• 4.6. Porter's Five Force Model
  • 4.6.1. Supplier Power
  • 4.6.2. Buyer Power
  • 4.6.3. Threat Of Substitutes
  • 4.6.4. Threat Of New Entrants
  • 4.6.5. Competitive Rivalry
• 4.7. PESTEL Analysis
  • 4.7.1. Political Landscape
  • 4.7.2. Economic Landscape
  • 4.7.3. Technology Landscape
  • 4.7.4. Legal Landscape
  • 4.7.5. Social Landscape

5. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)

• 5.1. Market Overview
• 5.2. Growth & Revenue Analysis: 2023 Versus 2032
• 5.3. Market Segmentation
  • 5.3.1. Organic
  • 5.3.2. Conventional

6. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)

• 6.1. Market Overview
• 6.2. Growth & Revenue Analysis: 2023 Versus 2032
• 6.3. Market Segmentation
  • 6.3.1. Canola
  • 6.3.2. Sunflower
  • 6.3.3. Soybean
  • 6.3.4. Palm
  • 6.3.5. Others

7. North America High Oleic Soybean Market, 2022-2032, USD (Million)

• 7.1. Market Overview
• 7.2. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
• 7.3. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
• 7.4.High Oleic Soybean Market: By Region, 2022-2032, USD (Million)
  • 7.4.1.North America
    • 7.4.1.1. U.S.
      • 7.4.1.1.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 7.4.1.1.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 7.4.1.2. Canada
      • 7.4.1.2.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 7.4.1.2.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 7.4.1.3. Rest of North America
      • 7.4.1.3.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 7.4.1.3.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)

8. UK and European Union High Oleic Soybean Market, 2022-2032, USD (Million)

• 8.1. Market Overview
• 8.2. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
• 8.3. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
• 8.4.High Oleic Soybean Market: By Region, 2022-2032, USD (Million)
  • 8.4.1.UK and European Union
    • 8.4.1.1. UK
      • 8.4.1.1.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 8.4.1.1.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 8.4.1.2. Germany
      • 8.4.1.2.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 8.4.1.2.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 8.4.1.3. Spain
      • 8.4.1.3.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 8.4.1.3.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 8.4.1.4. Italy
      • 8.4.1.4.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 8.4.1.4.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 8.4.1.5. France
      • 8.4.1.5.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 8.4.1.5.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 8.4.1.6. Rest of Europe
      • 8.4.1.6.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 8.4.1.6.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)

9. Asia Pacific High Oleic Soybean Market, 2022-2032, USD (Million)

• 9.1. Market Overview
• 9.2. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
• 9.3. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
• 9.4.High Oleic Soybean Market: By Region, 2022-2032, USD (Million)
  • 9.4.1.Asia Pacific
    • 9.4.1.1. China
      • 9.4.1.1.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 9.4.1.1.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 9.4.1.2. Japan
      • 9.4.1.2.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 9.4.1.2.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 9.4.1.3. India
      • 9.4.1.3.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 9.4.1.3.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 9.4.1.4. Australia
      • 9.4.1.4.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 9.4.1.4.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 9.4.1.5. South Korea
      • 9.4.1.5.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 9.4.1.5.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 9.4.1.6. Rest of Asia Pacific
      • 9.4.1.6.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 9.4.1.6.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)

10. Latin America High Oleic Soybean Market, 2022-2032, USD (Million)

• 10.1. Market Overview
• 10.2. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
• 10.3. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
• 10.4.High Oleic Soybean Market: By Region, 2022-2032, USD (Million)
  • 10.4.1.Latin America
    • 10.4.1.1. Brazil
      • 10.4.1.1.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 10.4.1.1.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 10.4.1.2. Mexico
      • 10.4.1.2.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 10.4.1.2.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 10.4.1.3. Rest of Latin America
      • 10.4.1.3.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 10.4.1.3.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)

11. Middle East and Africa High Oleic Soybean Market, 2022-2032, USD (Million)

• 11.1. Market Overview
• 11.2. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
• 11.3. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
• 11.4.High Oleic Soybean Market: By Region, 2022-2032, USD (Million)
  • 11.4.1.Middle East and Africa
    • 11.4.1.1. GCC
      • 11.4.1.1.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 11.4.1.1.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 11.4.1.2. Africa
      • 11.4.1.2.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 11.4.1.2.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)
    • 11.4.1.3. Rest of Middle East and Africa
      • 11.4.1.3.1. High Oleic Soybean Market: By Nature, 2022-2032, USD (Million)
      • 11.4.1.3.2. High Oleic Soybean Market: By Type, 2022-2032, USD (Million)

12. Company Profile

• 12.1. Corteva Agriscience
  • 12.1.1. Company Overview
  • 12.1.2. Financial Performance
  • 12.1.3. Product Portfolio
  • 12.1.4. Strategic Initiatives
• 12.2. Bunge Limited
  • 12.2.1. Company Overview
  • 12.2.2. Financial Performance
  • 12.2.3. Product Portfolio
  • 12.2.4. Strategic Initiatives
• 12.3. Archer Daniels Midland Company
  • 12.3.1. Company Overview
  • 12.3.2. Financial Performance
  • 12.3.3. Product Portfolio
  • 12.3.4. Strategic Initiatives
• 12.4. Cargill, and DowDuPont
  • 12.4.1. Company Overview
  • 12.4.2. Financial Performance
  • 12.4.3. Product Portfolio
  • 12.4.4. Strategic Initiatives
• 12.5. AGP Grain Ltd.
  • 12.5.1. Company Overview
  • 12.5.2. Financial Performance
  • 12.5.3. Product Portfolio
  • 12.5.4. Strategic Initiatives
• 12.6. Bayer CropScience
  • 12.6.1. Company Overview
  • 12.6.2. Financial Performance
  • 12.6.3. Product Portfolio
  • 12.6.4. Strategic Initiatives
• 12.7. Maverik Oils
  • 12.7.1. Company Overview
  • 12.7.2. Financial Performance
  • 12.7.3. Product Portfolio
  • 12.7.4. Strategic Initiatives
• 12.8. Other Notable Players
  • 12.8.1. Company Overview
  • 12.8.2. Financial Performance
  • 12.8.3. Product Portfolio
  • 12.8.4. Strategic Initiatives