Argentina Oilcake Market (2023-2029) | Trends, Size, Value, Forecast, Analysis, Revenue, Growth, Industry, Share, Outlook, Segmentation & COVID-19 IMPACT

Argentina Oilcake Market Synopsis

The Argentina Oilcake Market is projected to rise significantly during the forecast period as the country is amongst the major producers of oilseed crops across the globe, with soybean being the key oilseed crop which is produced on the nation. The sector has been gaining significance in the country owing to the role it plays.

According to 6Wresearch, the Argentina Oilcake Market size is anticipated to grow at a higher growth rate during 2023-2029. Argentina is amongst the biggest producers of oilseed crops across the globe, with soybean being the key oilseed crop that is produced on the nation. Oilcake is a byproduct of soybean processing and it isa crucial commodity in the country’s agricultural economy, with essential domestic exports and consumption.

For the country’s oilcake, some of the key export destinations are European Union, China, and other Asian countries. China is the biggest importer of Argentina oilcake. It is by the global market conditions and domestic factors that the price of oilcake is influenced in the country which include government policies, production levels, and currency exchange rates. Currently, the prices of oilcake in the country are affected by factors like trade tension between China and the United States. The sector in the country is a crucial part of the nation’s agricultural economy, and it is estimated to continue to be a key player in the global oilcake trade in the years to come.

Rising demand for animal protein, support from the government for agriculture sector, rising focus on sustainability, and favourable exchange rates are some of the factors fueling the Argentina Oilcake Market Growth. These factors will aid the sector to progress well.

The sector in the country is highly competitive and the level of competition can be more intense in the coming years since more businesses are entering this industry.

COVID-19 Impact on the Argentina Oilcake Market

The pandemic had major impacts on the Oilcake Market in Argentina in many ways:

Supply chain disruptions: The coronavirus pandemic caused disruptions to supply chains globally, including those for agricultural commodities like oilcake. This affected the transport as well as distribution of oilcake, and inputs like fertilizers and pesticides.

Fluctuations in demand: The coronavirus disease caused fluctuations in demand for oilcake, since the closure of restaurants as well as other food service businesses reduced demand for meat as well as dairy products, which were some major users of animal feed. On the contrary, the pandemic also increased demand for soy-based items like plant-based meat options, which offset some of the decline in demand.

Currency fluctuations: The pandemic caused volatility in the worldwide currency markets, including Argentine peso. This affected the competitiveness of Argentine exports, including the oilcake, which impacted the demand from international industries.

Government policies: The government of the country implemented policies purposed at mitigating the pandemic impact on the economy, including measures to aid the agricultural sector. Such policies affected the supply as well as demand dynamics of the oilcake sector.

The sector is now rising effectively in the country and it will progress more in the years to come as the Argentina Oilcake Market Share is growing.

Market Analysis by Source Type

On the basis of source type, the Oilcake Market in Argentina is divided into Palm Kernel, Sunflower, Sesame, Coconut, Mustard, Groundnut, Cottonseed, and Others. All these source type segments are projected to grow within the sector.

Market Analysis by Type

On the basis of type, the Argentina Oilcake Industry is divided into Edible Oil Cake and Non-Edible Oil Cake. Both these segments will grow in the sector in the years to come.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Argentina Oilcake Market Outlook
• Market Size of Argentina Oilcake Market, 2022
• Forecast of Argentina Oilcake Market, 2029
• Historical Data and Forecast of Argentina Oilcake Revenues & Volume for the Period 2019 - 2029
• Argentina Oilcake Market Trend Evolution
• Argentina Oilcake Market Drivers and Challenges
• Argentina Oilcake Price Trends
• Argentina Oilcake Porter's Five Forces
• Argentina Oilcake Industry Life Cycle
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Source Type for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Palm Kernel for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Sunflower for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Sesame for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Coconut for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Mustard for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Groundnut for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Cottonseed for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Palm Kernel Oilcake Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Edible Oil Cake for the Period 2019 - 2029
• Historical Data and Forecast of Argentina Oilcake Market Revenues & Volume By Non-edible Oil Cake for the Period 2019 - 2029
• Argentina Oilcake Import Export Trade Statistics
• Market Opportunity Assessment By Source Type
• Market Opportunity Assessment By Type
• Argentina Oilcake Top Companies Market Share
• Argentina Oilcake Competitive Benchmarking By Technical and Operational Parameters
• Argentina Oilcake Company Profiles
• Argentina Oilcake Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Source Type

 

• Palm Kernel
• Sunflower
• Sesame
• Coconut
• Mustard
• Groundnut
• Cottonseed
• Others

By Type

• Edible Oil Cake
• Non-Edible Oil Cake

Argentina Oilcake Market: FAQs