Rapeseed Oil Market Size Analytical Overview, Growth Factors, Demand and Trends Forecast to 2031

Rapeseed Oil Market was valued at $20,836.1 million in 2020, and is estimated to reach $37,199.4 million by 2031, growing at a CAGR of 5.6% from 2022 to 2031.

Copra, cottonseed, palm kernel, peanut, soybean, sunflower seed, and rapeseed are major oil seeds used for extraction of vegetable oil. Rapeseed has higher oil content than any other oil seeds, and is thus cultivated for the extraction of vegetable oil for household, industrial purposes, and feedstock for bio-fuel production. Rapeseed contains 40% oil and is usually extracted by pre-pressing or by solvent extraction. The presence of vitamin E and antioxidants in rapeseed oil or canola oil reduces scar tissues and repairs damaged hair and skin conditions such as itching, eczema, and acne, thus finding application in manufacturing of wide varieties of cosmetic and personal care products. Omega-3 and omega-6 fatty acids available in the rapeseed oil help in proper development, functioning, and maintenance of brain and other nervous tissues; for improvement of immune & inflammatory responses; help in lowering the risk of heart disease; and to maintain normal blood pressure.

Download Free Report Sample@ https://www.alliedmarketresearch.com/request-sample/3688

As per the global rapeseed oil market analysis, it is segmented on the basis of the type, application, distribution channel, and region. Depending on the type, the market is divided into processed and virgin. According to application, the market is segregated into food processing, bio-fuel, cosmetics & personal care, and others. As per the distribution channel, the market is bifurcated into supermarkets and hypermarkets, independent retail stores, business to business, online sales channels. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Poland, Romania, Czech Republic, Russia, Ukraine, Norway, Switzerland, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, and rest of Asia-Pacific), and LAMEA (Iran, Turkey, Chile, Israel, UAE, Ethiopia, Paraguay, Argentina, and rest of LAMEA).

Depending on the distribution channel, the online segment is projected to be the fastest-growing segment in the forthcoming years. Online retailers and online groceries are rapidly penetrating across the developed and developing markets. Increase in adoption of digital technologies and improvement in internet access boost the use of the online groceries, which is a significant growth driver of the online sales channels.

Region wise, in 2020, Asia-Pacific accounted for the highest share, in terms of value and volume, registering a significant CAGR of 5.5%, from 2022 to 2031. In this region, rapeseed oil is used for food processing and contributes less in industrial applications such as bio-fuels and cosmetics. China is the largest consumer of rapeseed oil, accounting for approximately one-third share of the global rapeseed oil market in terms of volume, and is expected to maintain its dominance during the forecast period. Indonesia is anticipated to grow at the highest CAGR of 6.5% during the forecast period.

The key players profiled in the report include The Archer Daniels Midland Company, Associated British Foods plc., Cargill Incorporated, ConAgra Foods, Inc. (CAG), CSS Estates, Mackintosh of Glendaveny, Ola Oils, Glencore Grain Investment LLC, RISOIL S.A., and Yorkshire (Breckenholme Trading Company).

Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/purchase-enquiry/3688

Contact us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on: LinkedIn

About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.