Global Rapeseed Oil Market Size is Expected to Attain USD 42.65 Billion by 2035 |CAGR of 5.4%
Category: Food & BeveragesGlobal Rapeseed Oil Market Size is Expected to Attain USD 42.65 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Rapeseed Oil Market Size Is Estimated To Grow From USD 23.91 Billion In 2024 To USD 42.65 Billion By 2035, At A CAGR Of 5.4% During The Forecast Period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Rapeseed Oil Market Size, Share, and COVID-19 Impact Analysis, By Type (Processed and Virgin), By Application (Food Processing, Bio Fuel, Cosmetics and Personal Care, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035". Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/rapeseed-oil-market
The global business environment that includes the production of rapeseed, the extraction and refinement of oil, as well as its distribution and consumption by other industries, is referred to as the rapeseed oil market. It serves industries like food and beverage, biofuel, animal feed, cosmetics, and pharmaceuticals and has both edible and industrial uses. Integrated supply chains that include farmers, processors, refiners, distributors, and end users define the market. Nutritional advantages like reduced saturated fat content, functional qualities like thermal stability, and the growing popularity of plant-based oils all affect demand. Growing customer demand for nutritious edible oils with low saturated fat and high nutritional value is propelling the rapeseed oil market. Because of the versatility and cooking stability of rapeseed oil, demand is supported by growth in the food processing and catering industries. Plant-based diets and sustainable farming methods are becoming more popular, which boosts market expansion. Industrial demand is further increased by the growing use of rapeseed oil in the manufacturing of biodiesel. The efficiency and quality of yields have increased due to technological developments in oil extraction and crop breeding. However, the rapeseed oil market is restrained by price volatility, climate risks, regulatory challenges, and competition from alternative edible oils.
The processed segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the type, the rapeseed oil market is divided into processed and virgin. Among these, the processed segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The processed segment's significant contribution to the worldwide rapeseed oil market is still fueled by its adaptability and suitability for both industrial and domestic applications.
The food processing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the rapeseed oil market is divided into dietary supplements, animal feed, food & beverages, cosmetics, and others. Among these, the food processing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.The global growth of the packaged food and restaurant industries has led to a rise in the large-scale purchase of rapeseed oil.
Asia Pacific is expected to hold the majority share of the global rapeseed oil market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global rapeseed oil market during the forecast period. Large-scale rapeseed farming, especially in nations like China and India, benefits the area by ensuring a consistent supply of raw materials. Rapeseed oil's nutritional advantages and versatility in cooking have also led to an increase in its use as the food processing and foodservice industries have grown. Market expansion is further strengthened by government programs supporting sustainable agriculture and rising consumer awareness of healthier cooking oils.
North America is anticipated to grow at the fastest pace in the global rapeseed oil market during the forecast period. The use of rapeseed oil in the production of biodiesel is supported by the rising demand for sustainable and bio-based products. It is anticipated that investments in sustainable agriculture, favorable regulatory frameworks, and technological developments in oil refining and crop breeding will accelerate market expansion throughout the North American region.
Major vendors in the global rapeseed oil market are Archer Daniels Midland Company, Cargill Incorporated, ConAgra Foods Inc., Cullise, Folba Oil Limited SDN, Mackintosh of Glendaveny, Ola Oils, Pacific Coast Canola, RISOIL S.A, Yorkshire Rapeseed Oil, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2024, In order to fulfill the growing demand for rapeseed oil and biodiesel, Archer Daniels Midland Company expanded its rapeseed crushing capacity by 50% in Europe, making it the largest crusher on the continent.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the rapeseed oil market based on the below-mentioned segments:
Global Rapeseed Oil Market, By Type
- Processed
- Virgin
Global Rapeseed Oil Market, By Application
- Food Processing
- Bio Fuel
- Cosmetics And Personal Care
- Others
Global Rapeseed Oil Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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