MarketResearch.biz delivers in-depth insights on the global rapeseed oil market in its upcoming report titled, “Global Rapeseed Oil Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global rapeseed oil market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global rapeseed oil market report has been segmented on the basis of application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Rapeseed, also known as Brassica Napus (scientific name), rape, or oilseed rape, is a bright-yellow flower, cultivated mainly for its oil-rich seed, and is the third-largest source of vegetable oil.
Growing health concern among individual and various health benefits of rapeseed oil such as low saturated fat content, light, non-greasy texture, good source of antioxidant Vitamin E, high monounsaturated fats, no artificial preservatives and trans-fat and GM free properties, etc. is increasing its demand from household sector, and are major factors driving growth of the global rapeseed oil market. In addition, use of rapeseed oil in manufacturing of biodiesel, coupled with growing demand for biodiesel are other major factors expected to boost growth of the global rapeseed oil market. Moreover, rapeseed oil, due to its nutritional properties, is also used in personal care products, which is also expected to support growth of the global rapeseed oil market.
However, availability of various substitutes by local players is a major factor restraining growth of the global rapeseed oil market. In addition, rapeseed oil is potential pollen allergen and may cause hay fever or asthma, which is expected to hamper growth to certain extent.
Technological advancements and increasing R&D activities by manufacturers is expected to create new opportunities in terms of revenue to players operating in the global rapeseed oil market over the forecast period.
Asia Pacific market is expected to account for significant share in the global rapeseed market with higher revenue share as compared to that of the other regional markets, and is expected to continue its dominance during the forecast period. This can be attributed to growing demand for rapeseed for manufacturing of biodiesel and growing demand from food processing industry. North America and Europe markets are also 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 register fastest growth in terms of revenue, owing to presence of prominent players operating in the countries in this region.
Global Rapeseed Oil Market Segmentation:
- Food Processing
- Cosmetics & Personal Care
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Cargill Incorporated
- CCS Estates
- Folba Oil Limited SDN
- MACKINTOSH OF GLENDAVENY LIMITED
- Ola Oils
- Pacific Coast Canola LLC
- RISOIL S.A.
- ConAgra Foods Inc.
- Yorkshire Rapeseed Oil
- The Archer Daniels Midland Company
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