The Global Rapeseed Oil Market has been projected to grow at the CAGR of 7% market during 2017-2025. In 2016, the market has generated the revenue of $ 23,764 million and now is expected to reach $ 35,391 million in terms of revenue by 2025.
Rapeseed oil contained almost 70% of monounsaturated fatty acids. Erucic acid was seen to be present in rapeseed oil, which was allied with fibrotic lesions of the heart. Therefore, rapeseed oil was known to be harmful to humans and was used for other applications such as a source of lubricant for machinery. With the advent of technology, rapeseed oil is used for production of biodiesel, which would therefore help in living a pollution free environment; as vegetable oil in food, which reduces the risk of cardiovascular diseases; in production of animal feed among other applications. Major applications such as biodiesel and food are the key driving areas for global rapeseed oil market. Therefore, rapeseed oil is expected to gain strong foothold in the market during the forecast period.
Market Segment Insights
Food was the leading application of rapeseed oil in 2016, accounting for more than 27% of market revenue. It is anticipated to hold its position in the near future due to changing food patterns of people. Growing preference for biofuel has also generated high demand for biodiesel in the market. Biodiesel accounted to be the second largest application of rapeseed oil which is expected to gain strong foothold during the forecast period 2017-2025. Furthermore, feed and other applications are also expected to offer growth opportunity for rapeseed oil in the near future.
For the purpose of this study, the global rapeseed oil market is regionally categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa markets. These regional markets are further sub-segmented into top country level markets that majorly determine the regional industry trends. Europe accounted for the largest share of global rapeseed oil market in 2014. It accounted for more than 30% share of global rapeseed oil market. As rapeseed oil is the primarily used on a large scale by the residents, demand is anticipated to be high in the region. In addition, Asia Pacific and North America is also expected to experience comparatively high growth during the forecast period 2016-2021 due to changes in the food patterns of the people. India and China are anticipated to offer growth opportunities during the forecast period 2016-2021.
Market Competition Assessment:
The major players currently operating in the global rapeseed oil market include Cargill Incorporated, Cullise, Folba Oil Limited SDN, Mackintosh of Glendaveny, Ola Oils, Pacific Coast Canola, and RISOIL S.A.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Rapeseed Oil Market Portraiture
2.2 Global Rapeseed Oil Market, by Application, 2016 ($ Million)
2.3 Global Rapeseed Oil Market, by Geography, 2016 (Value %)
Chapter 3 Global Rapeseed Oil Market Analysis
3.1 Global Rapeseed Oil Market Overview
3.2 Prevalence of Rapeseed Oil
3.3 Market Dynamics
3.3.1 Market Drivers
18.104.22.168 Changing consumer demand, growing health awareness and taste preferences
22.214.171.124 Rapeseed oil lacks minerals and other vitamins
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global Rapeseed Oil Market, 2015 (Value %)
Chapter 4 Global Rapeseed Oil Market Analysis, by Application, 2015-2025 ($ Million)
4.2 Traditional Therapy
4.6 Others (personal care products, etc.)
Chapter 5 Global Rapeseed Oil Market, by Geography, 2015-2025 ($ Million)
5.1 North America (U.S. & Canada)
5.2 Europe (U.K., Germany & Rest of Europe)
5.3 Asia Pacific (China, Japan, Singapore, South Korea and Rest of APAC)
5.4 Latin America (Mexico, Brazil and Rest of LATAM)
5.5 GCC and Rest of MEA
Chapter 6 Company Profiles
6.1 Cargill Incorporated
6.3 Folba Oil Limited SDN
6.4 Mackintosh of Glendaveny
6.5 Ola Oils
6.6 Pacific Coast Canola
6.7 RISOIL S.A.