Market Forecast by Countries (United States, Canada), By Source Type (Palm Kernel, Sunflower, Sesame, Coconut, Mustard, Groundnut, Cottonseed, Others), By Type (Edible Oil Cake, Non-edible Oil Cake) And Competitive Landscape
Product Code: ETC075328 | Publication Date: Apr 2022 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Oilcake Market |
Forecast Period | 2025-2031 |
Market Size |
USD 8 billion by 2031 |
CAGR | 5.5% |
Growing Sector | Edible oilcake |
North America Oilcake Market report thoroughly covers the market by source type, by type and key countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Oilcake Market Size is projected to reach USD 8 billion by 2031, growing at a CAGR of 5.5% during the forecast period from 2025 to 2031. The market is projected to expand significantly over the next few years due to the growing consumption of vegetable oils and the by-products derived from oil extraction processes. Oilcakes are a key source of protein-rich feed for livestock and are widely used in the agricultural industry. Additionally, the rise in the adoption of non-edible oil cakes in fertilizers is boosting the demand in the market. The United States holds the largest share of the North America Oilcake Market, followed by Canada.
North America Oilcake Industry comprises several product segments based on source type, type, and application. Edible oil cakes, made from plant sources like sunflower, sesame, and groundnut, are primarily used as animal feed, while non-edible oil cakes, such as those derived from cottonseed, palm kernel, and mustard, find applications in fertilizers and other industrial uses. The oilcake market in North America is influenced by agricultural trends, environmental policies, and consumer demands for sustainable and organic products. As consumers become more conscious of the environmental impact of their choices, the use of oilcake in organic farming practices is gaining popularity, further driving market growth.
According to 6Wresearch, the North America Oilcake Market is estimated to grow at a CAGR of 5.5% during the forecast period 2025-2031. The market is being driven by several factors, particularly the increasing demand for protein-rich animal feed and growing awareness surrounding sustainable farming practices. As the global demand for livestock products such as meat, dairy, and poultry rises, the demand for high-protein animal feed, including oilcakes, has seen a significant surge. Specifically, sunflower, groundnut, and cottonseed oilcakes are increasingly being used in animal feed due to their high nutritional content. In addition, the rising popularity of organic farming is propelling the growth of the non-edible oilcake segment. Farmers are turning to non-edible oilcakes, such as those derived from palm kernel, sesame, and mustard, as bio-based fertilizers in an effort to reduce their environmental footprint and improve soil health. The market is also benefitting from innovations in oilcake processing technology that are enhancing the efficiency and nutritional value of the products. As more farmers and agricultural producers recognize the value of oilcakes as a dual-purpose product for both animal feed and organic fertilizers, the market is forecast to continue its upward trajectory.
Despite its growth prospects, the North America Oilcake Market faces several challenges that could impact its trajectory. The most significant of these challenges is the volatility in the prices and supply of raw materials. As the production of oilcakes relies heavily on the availability of oilseeds such as sunflower, groundnut, and cottonseed, fluctuations in crop yields due to adverse weather conditions, pest infestations, and global trade disruptions can cause supply chain disruptions. This not only raises the cost of oilcakes but can also lead to instability in the market. Additionally, competition from synthetic alternatives, particularly in the livestock feed and fertilizer sectors, presents a growing threat to the market. Manufacturers of synthetic animal feed and chemical fertilizers offer products that are often more consistent in quality and price, which could make it more challenging for oilcake producers to maintain market share.
North America Oilcake Market is witnessing several key trends that are shaping its future. One of the most significant trends is the increasing adoption of organic farming, which is driving demand for non-edible oilcakes as bio-based fertilizers. As farmers and consumers alike become more environmentally conscious, the market is shifting toward more sustainable agricultural practices, and oilcakes are being seen as a vital component of this movement. Another trend contributing to market growth is the rising demand for high-protein animal feed in the livestock and poultry industries. As consumer preferences shift towards meat, dairy, and eggs, especially in countries like the United States, the need for nutritious feed has surged. Additionally, e-commerce platforms are playing an increasingly important role in the distribution of oilcakes. The ability to purchase oilcake products online is enhancing market access, especially for small and medium-sized agricultural businesses in rural areas. Furthermore, innovations in oilseed processing technologies are helping to increase the efficiency and nutritional content of oilcakes, making them more attractive to farmers and livestock producers.
North America Oilcake Market presents several promising investment opportunities. A key area of opportunity lies in the sustainable agriculture and organic farming sectors. As consumer demand for eco-friendly products grows, there is an increasing need for organic fertilizers and high-protein animal feed that are sourced sustainably. Companies that focus on producing non-edible oilcakes for the organic farming market or invest in technologies to enhance the quality of edible oilcakes stand to benefit from these shifting consumer preferences. Another opportunity is the growing trend of e-commerce. The digital transformation of the agricultural supply chain, especially in rural areas, is creating a new channel for oilcake products. Businesses that can develop a strong online presence will be able to reach a broader consumer base, particularly as the demand for organic fertilizers and animal feed grows. Additionally, innovations in oilseed processing technologies present opportunities for companies to improve product quality and nutritional value, further solidifying their competitive edge in the market.
North America Oilcake Market is home to several leading players, including major agricultural giants such as Bunge Limited, Cargill, Archer Daniels Midland Company (ADM), and Olam Group. These companies dominate the market by offering a wide range of oilcake products derived from sunflower, groundnut, cottonseed, and sesame. These players are investing heavily in research and development to improve the quality and nutritional content of their oilcake products, particularly in response to the growing demand for high-protein animal feed and sustainable farming practices. Furthermore, these companies are focusing on expanding their distribution networks, including the development of e-commerce platforms to increase accessibility to rural and remote areas. As competition in the market intensifies, companies are also differentiating themselves by producing organic oilcakes and investing in technologies that enhance production efficiency. This strategic focus on product diversification, sustainable production methods, and digital sales channels will help leading players maintain their dominant positions in the market.
Government initiatives have been critical in fostering the North America Oilcake Market Growth. In the United States, government policies that support organic farming, sustainable agriculture, and the use of bio-based fertilizers have provided a strong foundation for the growth of the non-edible oilcake segment. Programs that incentivize the adoption of sustainable farming practices have encouraged farmers to explore alternatives like oilcakes, which can improve soil health and reduce reliance on synthetic fertilizers. Similarly, Canada's focus on sustainability and environmental protection is fostering the demand for organic fertilizers, further boosting the market for non-edible oilcakes. Additionally, regulatory bodies in both countries are working to ensure that oilcake products meet safety and quality standards, which helps to build consumer confidence and stability in the market.
The future of the North America Oilcake Industry appears promising, with continued growth expected in both the edible and non-edible oilcake segments. As the demand for high-protein animal feed remains strong, particularly in the livestock and poultry sectors, edible oilcakes will continue to be in high demand. At the same time, the increasing popularity of organic farming and the adoption of bio-based fertilizers are expected to drive the non-edible oilcake segment to new heights. Innovations in processing technology will likely play a key role in improving the efficiency and quality of oilcakes, making them an even more attractive option for farmers and agricultural businesses. Moreover, as the environmental impact of conventional farming practices becomes a more pressing concern, oilcakes will continue to be viewed as a sustainable and eco-friendly alternative to chemical fertilizers. The expansion of e-commerce channels for the sale of oilcakes will further bolster market growth, enabling manufacturers to reach wider audiences and tap into emerging markets in rural and remote regions.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Nikhil, Senior Research Analyst, 6Wresearch, the sunflower oilcake is the dominant category due to its widespread use in the animal feed industry, particularly for poultry and livestock feed. Groundnut and sesame oilcakes are also gaining traction due to their high nutritional content, making them ideal for animal feed. Cottonseed oilcake, derived from cotton processing, is primarily used in fertilizers due to its high phosphorus content.
The edible oilcake segment dominates the market due to its key role in providing high-quality, protein-rich animal feed for the livestock and poultry industries. The increasing demand for livestock products, including meat and dairy, is a primary factor driving this segment's growth. The non-edible oilcake segment, primarily used as fertilizers, is also growing as consumers increasingly turn to sustainable farming practices.
United States holds the largest share of the North America Oilcake Market, driven by its robust agricultural sector and extensive livestock industry. The growing demand for both edible oilcakes for animal feed and non-edible oilcakes for fertilizers contributes to the U.S.'s dominance in the market. Canada also represents a growing market, with a rising interest in organic farming and sustainable agricultural practices that are driving the demand for both edible and non-edible oilcakes.
The market report covers the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Oilcake Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Oilcake Market Revenues & Volume, 2021 & 2031F |
3.3 North America Oilcake Market - Industry Life Cycle |
3.4 North America Oilcake Market - Porter's Five Forces |
3.5 North America Oilcake Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Oilcake Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.7 North America Oilcake Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 North America Oilcake Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Oilcake Market Trends |
6 North America Oilcake Market, 2021 - 2031 |
6.1 North America Oilcake Market, Revenues & Volume, By Source Type, 2021 - 2031 |
6.2 North America Oilcake Market, Revenues & Volume, By Type, 2021 - 2031 |
7 United States Oilcake Market, 2021 - 2031 |
7.1 United States Oilcake Market, Revenues & Volume, By Source Type, 2021 - 2031 |
7.2 United States Oilcake Market, Revenues & Volume, By Type, 2021 - 2031 |
8 Canada Oilcake Market, 2021 - 2031 |
8.1 Canada Oilcake Market, Revenues & Volume, By Source Type, 2021 - 2031 |
8.2 Canada Oilcake Market, Revenues & Volume, By Type, 2021 - 2031 |
9 North America Oilcake Market Key Performance Indicators |
10 North America Oilcake Market - Opportunity Assessment |
10.1 North America Oilcake Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Oilcake Market Opportunity Assessment, By Source Type, 2021 & 2031F |
10.3 North America Oilcake Market Opportunity Assessment, By Type, 2021 & 2031F |
11 North America Oilcake Market - Competitive Landscape |
11.1 North America Oilcake Market Revenue Share, By Companies, 2024 |
11.2 North America Oilcake Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |