Rapeseed Oil Market Growth and Forecast to 2025

1. Changes in consumer taste preferences drive the Global Rapeseed Oil Market Global Rapeseed Oil Market estimated to cross USD 48 billion by 2025 Asia Pacific likely to dominate the demand in Global Rapeseed Oil Market Market overview: The global Rapeseed Oil Market was at USD 34.9 billion in 2019 and is predicted to reach a valuation of USD 48.1 billion by the end of 2025 at a CAGR of 4.9% during the envisioned period. Rapeseedis a bright yellow flower grown primarily for oil-rich seeds and is the third largest source of vegetable oil. It is an oil extract derived from the black seeds of a bright yellow plant commonly known as rapeseed plants. Rapeseed is one of the most important oilseed crops after soybeans because it produces around 40% of the oil. Rapeseed oil is derived from the black seeds of this plant, which provides a number of health benefits. The nourishing properties of rapeseed oil make it a healthy lotion or cream for use in a variety of uses, such as in the food and cosmetic industry. Recent developments: •In May 2019, The Butterworks, based in the United Kingdom, began offering butter made from cold-pressed extra virgin rapeseed oil. This product has gained popularity for its lower cholesterol and improved immune system. Market Drivers and Restrains: Rapeseed oil is widely applied in the food industry due to its nutritional benefits, followed by personal care products. There is a growing health concern over the health and personal benefits of rapeseed oil, such as low saturated fat, good sources of antioxidant vitamin E, high monounsaturated fats, no artificial preservatives, greasy texture, and fat-free transgenic properties. Demand is increasing in the domestic sector and is an important factor driving the growth of the world market for rapeseed oil. Additionally, rapeseed oil is also used in personal care products due to its nutritional properties and is expected to support the growth of the global rapeseed oil market. In addition, the use of rapeseed oil

2. for the manufacture of biodiesel and the increasing need for biodiesel are another important factor that is expected to drive the growth of the global rapeseed oil market. However, the availability of a variety of alternatives from local suppliers is a major factor slowing the growth of the global rapeseed oil market. Additionally, rapeseed oil is a potential pollen allergen and is expected to interfere with growth to some extent by causing hay fever or asthma. To know more read: https://www.marketdataforecast.com/market-reports/rapeseed-oil-market Report is segmented as: On the basis of nature, the market for rapeseed oil is divided into organic and conventional. The organic rapeseed oil sector is gaining popularity due to growing health awareness among consumers. By end use, the rapeseed oil market is segmented into cosmetics and personal care products, food processing, animal feed, biodiesel, and household/retail. According to the extraction process, the rapeseed oil market is divided into solvent-extracted rapeseed oil and cold- pressed rapeseed oil. Geographical Segmentation: The Asia Pacific market is expected to continue to dominate the Rapeseed oil market during the forecast period. This is due to the increasing demand for rapeseed for the manufacture of biodiesel and the increasing demand from the food processing industry. The North American and European markets are also one of the top revenue contributors to the global rapeseed market, followed by the Latin American, Middle Eastern and African markets. The European market is expected to register the fastest growth in terms of revenue due to the presence of prominent players in countries of the region. Key market players: Key players in the market include Cullise, Cargill Incorporated, Glendaveny's Mackintosh, Folba Oil Limited SDN, Yorkshire Rapeseed Oil, Pacific Coast Canola, Ola Oils, ConAgra Foods Inc., RISOIL S.A and the Archer Daniels Midland Company.

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