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Rapeseed Oil Market 2023- Market Size, Trends, Industry Analysis, Key Drivers, Top Major Players And Forecast To 2032
Rapeseed Oil Market Analysis
Rapeseed Oil Market Size, Growth Rate, And Forecast
The global rapeseed oil market size is expected to grow from $23.49 billion in 2022 to $25.06 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rapeseed oil market size is expected to reach $31.52 billion in 2027 at a CAGR of 5.9%.
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Rapeseed Oil Market Drivers
An increase in demand for biodiesel is expected to propel the growth of the rapeseed oil market going forward. Biodiesel is a biodegradable, renewable fuel produced domestically from vegetable oils, animal fats, or recycled restaurant grease. Biodiesel energy is produced using oil from rapeseed or canola seed, two edible crop kinds. Canola or edible rapeseed biodiesel gels at a lower temperature than biodiesel derived from other feedstocks, making canola biodiesel a better fuel for colder climates.
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Rapeseed Oil Market Segments
1) By Type: Processed, Virgin
2) By Nature: Organic, Conventional
3) By Extraction Process: Aqueous Process, Enzyme Based Process
4) By Distribution Channel: Supermarkets And Hypermarkets, Online Stores, Specialty Stores, Retail Stores, Other Distribution Channels
5) By End-Use: Food And Beverage, Cosmetics And Personal Care Products, Biodiesel, Animal Feed, Household (Retail)
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the rapeseed oil market.
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Rapeseed Oil Market Key Players
Major competitors in the rapeseed oil market include Bunge Limited, CCS Estates Limited, Ola Oils Ltd., Yorkshire Rapeseed Oil, Archer Daniels Midland Company, Mackintosh of Glendaveny Ltd., Interfat SA, Louis Dreyfus Company B.V.
The Business Research Company's "Global Rapeseed Oil Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Rapeseed Oil Market Include:
1. Executive Summary
2. Rapeseed Oil Market Characteristics
3. Rapeseed Oil Market Trends And Strategies
4. Rapeseed Oil Market - Macro Economic Scenario
5. Rapeseed Oil Market Size And Growth
.......
26. Africa Rapeseed Oil Market
27. Rapeseed Oil Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rapeseed Oil Market
29. Rapeseed Oil Market Future Outlook and Potential Analysis
30. Appendix
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