Rapeseed Oil Market Scope, Size And Analysis

The rapeseed oil global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Rapeseed Oil Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –

The rapeseed oil market size has grown strongly in recent years. It will grow from $24.81 billion in 2023 to $26.27 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growing demand for edible oils, healthy oil perception, biodiesel production, expansion of rapeseed cultivation, diverse applications, nutritional benefits, cooking oil preferences..

The rapeseed oil market size is expected to see strong growth in the next few years. It will grow to $32.78 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to shift towards plant-based diets, rising health consciousness, clean label preferences, global population growth, trade agreements and tariffs.. Major trends in the forecast period include technological innovations, sustainable and organic production practices, innovations in processing technologies, quality certification and traceability, market challenges from alternative oils..

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Scope Of Rapeseed Oil Market

The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Rapeseed Oil Market Overview

Market Drivers –

An increase in demand for biodiesel is expected to propel the growth of the rapeseed oil market going forward. Biodiesel is a biodegradable, renewable fuel produced domestically from vegetable oils, animal fats, or recycled restaurant grease. Biodiesel energy is produced using oil from rapeseed or canola seed, two edible crop kinds. Canola or edible rapeseed biodiesel gels at a lower temperature than biodiesel derived from other feedstocks, making canola biodiesel a better fuel for colder climates. For instance, according to an article published by the Union for the Promotion of Oil and Protein Plants (UFOP), a Germany-based organization responsible for oil and protein crop cultivation, processing, and marketing, the consumption of biodiesel and hydrotreated vegetable oil for blending was estimated to be over 1.23 million tons in the first half of 2022. This represents a 6.3% increase over the same period in 2021. Therefore, an increase in demand for biodiesel is driving the growth of the rapeseed oil market.

Market Trends –

Product innovations have emerged as a key trend gaining popularity in the rapeseed oil market. Major companies operating in the rapeseed oil market are focused on introducing advanced products to gain a competitive advantage. For Instance, in June 2022, Solvay S.A., a Belgium-based chemical company, launched two new high-performance biosurfactants, Mirasoft SL L60 and Mirasoft SL A60, which allow the creation of environmentally friendly beauty care products. These glycolipid biosurfactants, which are based on rapeseed oil and sugar and have minimal environmental and carbon footprints, are appropriate for a variety of uses in beauty care, including shampoos, conditioners, shower gels, face washes, and creams. Mirasoft SL L60 and Mirasoft SL A60 are designed to operate similarly to synthetic substances while posing no environmental risks. They are easily biodegradable and 100% bio-based, use green chemistry and fully embody Solvay’s commitment to sustainability and the development of a circular, regenerative economy.

The rapeseed oil market covered in this report is segmented –

1) By Type: Processed, Virgin

2) By Nature: Organic, Conventional

3) By Extraction Process: Aqueous Process, Enzyme Based Process

4) By Distribution Channel: Supermarkets And Hypermarkets, Online Stores, Specialty Stores, Retail Stores, Other Distribution Channels

5) By End-Use: Food And Beverage, Cosmetics And Personal Care Products, Biodiesel, Animal Feed, Household (Retail)

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Regional Insights –

Asia-Pacific was the largest region in the rapeseed oil market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the rapeseed oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Key Companies –

Major companies operating in the rapeseed oil market report are Bunge Limited, CCS Estates Limited, Ola Oils Ltd., Yorkshire Rapeseed Oil Ltd., Archer Daniels Midland Company, Mackintosh of Glendaveny Ltd., Interfat SA, Louis Dreyfus Company BV, Sodrugestvo Group SA, Midlands Holdings Limited, Abu Dhabi Vegetable Oil Company LLC, Rein Oil CC, Gujarat Ambuja Exports Limited, K. S. Oils Limited, Cargill Incorporated, ConAgra Foods Inc., RISOIL S.A., Sodrugestvo, Adams Group Inc., American Vegetable Oils Inc., Grief Inc., Ruchi Soya Industries Limited, Vantage Performance Materials, Perdue Agribusiness LLC, Natures Crops International Limited, Folba Oil Limited SDN, ViOil Industrial Group, Viterra Inc., Associated British Foods plc .

Table of Contents

1. Executive Summary

2. Rapeseed Oil Market Report Structure

3. Rapeseed Oil Market Trends And Strategies

4. Rapeseed Oil Market – Macro Economic Scenario

5. Rapeseed Oil Market Size And Growth

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27. Rapeseed Oil Market Competitor Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

30. Appendix

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