Global Rapeseed Oil Market By Overview
Introduction:
Rapeseed oil is an oil extract derived from the black seeds of the oilseed rape plant which is a bright yellow colored plant. The oilseed plant is widely cultivated across the world for rich oil-seeds which has several health benefits. The rapeseed oil has various nutritional benefits such as low saturated fat content, Vitamin E, high content of unsaturated fat, light, non-greasy texture, no artificial preservatives, trans-fat and GM free, and antioxidants. The rapeseed oil has several applications in food industry followed by personal care products. Most rapeseed oil is genetically modified (GM). While GM foods are considered safe to eat, many people choose to avoid them. Furthermore, this oil is usually highly processed, which may lead to lower nutritional quality and negative health effects. Processing of rapeseed for oil production produces rapeseed meals as a byproduct. The byproduct is a high-protein animal feed, competitive with soyabean. The feed is employed mostly for cattle feeding, but is also used for pigs and poultry. However, Natural rapeseed oil contains 50% erucic acid and high levels of glucosinolates that significantly lowers the nutritional value of rapeseed press cakes for animal feed. The global rapeseed oil market accounted for US$ 31252.4 million in 2020 and is estimated to be US$ 52441.2 million by 2030 and is anticipated to register a CAGR of 5.4%.
Global Rapeseed Oil Market By Dynamics
Rising initiatives by government bodies
The shift in consumer’s preference from animal oils to vegetable oil due to increasing health awareness is one of the major factors driving growth of the target market. Due to several health benefits such as low-fat content, Vitamin E and antioxidant property there is an increasing demand of rapeseed oil in household sector which in turn propelling growth of the target market. Consumers in need for curbing down the health issues such as cardiovascular ailments and cancer is surging growth of the target market. Increasing demand of the rapeseed oil in cosmetic products as it is helpful in removing scar tissues, repairing damaged hair, and repairing skin is further aiding in the growth of the target market. Also, use of rapeseed oil in manufacturing of biodiesel, coupled with growing demand for biodiesel is another factor boosting growth of the target market.
However, rapeseed oil lacks minerals and other vitamins which is a major restraint for growth of the global rapeseed oil market. In addition, availability of various substitutes by local players is another factor hampering growth of the target market. Moreover, rapeseed oil is potential pollen allergen and may cause hay fever or asthma thus limiting growth of the target market. Technological advancements and increasing R&D activities by manufacturers is projected to create opportunities in terms of revenue for the players operating in the global rapeseed oil market.
Global Rapeseed Oil Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global rapeseed oil market is segmented based on application, and region.
On the basis of application, the target market is divided into food processing, bio-fuel, and cosmetics and personal care.
Regional Insights:
The global rapeseed oil market accounted for US$ 31252.4 million in 2020 and is estimated to be US$ 52441.2 million by 2030 and is anticipated to register a CAGR of 5.4%. On region the global Rapeseed oil market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is accounted for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period. This is attributed to the growing demand for rapeseed for manufacturing of biodiesel and growing demand from food processing industry. Europe and North America are among the major revenue contributors in the global rapeseed market followed by markets in Latin America and Middle East & Africa respectively. The market in Europe is projected to witness fastest growth in terms of revenue in the near future, owing to presence of prominent players operating in the countries in this region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Application– Food Processing, Bio-Fuel, and Cosmetics and Personal Care |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global rapeseed oil market report based on application, and region.
Global Rapeseed Oil Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Rapeseed Oil Market By Key Players
The key players operating in the global rapeseed oil market includes Cargill Incorporated, Cullise, Folba Oil Limited SDN, Mackintosh of Glendaveny, Ola Oils, Pacific Coast Canola, RISOIL S.A., ConAgra Foods Inc., Yorkshire Rapeseed Oil, and The Archer Daniels Midland Company.
Global Rapeseed Oil Market By Company Profile
- Cargill Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cullise
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Folba Oil Limited SDN
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mackintosh of Glendaveny
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ola Oils
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pacific Coast Canola
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- RISOIL S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ConAgra Foods Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yorkshire Rapeseed Oil
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Archer Daniels Midland Company.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
Global Rapeseed Oil Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Rapeseed Oil Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Food Processing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bio-Fuel
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Cosmetics and Personal Care
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Rapeseed Oil Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Cargill Incorporated,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cullise, Folba Oil Limited SDN,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mackintosh of Glendaveny,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ola Oils,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pacific Coast Canola,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- RISOIL S.A.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ConAgra Foods Inc.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yorkshire Rapeseed Oil,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Archer Daniels Midland Company.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Rapeseed Oil Market report segments the market on the based is segmented into application and region.
One of the primary factors driving the target market's growth is a shift in customer preference from animal oils to vegetable oils as a result of increased health awareness.
Asia Pacific is accounted for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period.
The leading players operating in the Global Rapeseed Oil Market includes Cargill Incorporated, Cullise, Folba Oil Limited SDN, Mackintosh of Glendaveny, Ola Oils, Pacific Coast Canola, RISOIL S.A., ConAgra Foods Inc., Yorkshire Rapeseed Oil, and The Archer Daniels Midland Company.