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Rapeseed Oil Global Market Report 2024 - By Report, Size, Share And Demand, Forecast To 2033

07-29-2024 08:32 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Rapeseed Oil Market

Rapeseed Oil Market

"The new report published by The Business Research Company, titled ""Rapeseed Oil Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the rapeseed oil market size has grown strongly in recent years. It will grow from $24.81 billion in 2023 to $26.27 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The rapeseed oil market size is expected to see strong growth in the next few years. It will grow to $32.78 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.

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Growing Biodiesel Demand Fuels Expansion In Rapeseed Oil Market
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. For instance, according to an article published by the Union for the Promotion of Oil and Protein Plants (UFOP), a Germany-based organization responsible for oil and protein crop cultivation, processing, and marketing, the consumption of biodiesel and hydrotreated vegetable oil for blending was estimated to be over 1.23 million tons in the first half of 2022. This represents a 6.3% increase over the same period in 2021. Therefore, an increase in demand for biodiesel is driving the growth of the rapeseed oil market.

Innovative Biosurfactants From Rapeseed Oil Drive Competitive Edge In Market
Product innovations have emerged as a key trend gaining popularity in the rapeseed oil market. Major companies operating in the rapeseed oil market are focused on introducing advanced products to gain a competitive advantage. For Instance, in June 2022, Solvay S.A., a Belgium-based chemical company, launched two new high-performance biosurfactants, Mirasoft SL L60 and Mirasoft SL A60, which allow the creation of environmentally friendly beauty care products. These glycolipid biosurfactants, which are based on rapeseed oil and sugar and have minimal environmental and carbon footprints, are appropriate for a variety of uses in beauty care, including shampoos, conditioners, shower gels, face washes, and creams. Mirasoft SL L60 and Mirasoft SL A60 are designed to operate similarly to synthetic substances while posing no environmental risks. They are easily biodegradable and 100% bio-based, use green chemistry and fully embody Solvay's commitment to sustainability and the development of a circular, regenerative economy.

The rapeseed oil market covered in this report is segmented -
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)

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Major companies operating in the rapeseed oil market report are Bunge Limited, CCS Estates Limited, Ola Oils Ltd., Yorkshire Rapeseed Oil Ltd., Archer Daniels Midland Company, Mackintosh of Glendaveny Ltd., Interfat SA, Louis Dreyfus Company BV, Sodrugestvo Group SA, Midlands Holdings Limited, Abu Dhabi Vegetable Oil Company LLC, Rein Oil CC, Gujarat Ambuja Exports Limited, K. S. Oils Limited, Cargill Incorporated, ConAgra Foods Inc., RISOIL S.A., Sodrugestvo, Adams Group Inc., American Vegetable Oils Inc., Grief Inc., Ruchi Soya Industries Limited, Vantage Performance Materials, Perdue Agribusiness LLC, Natures Crops International Limited, Folba Oil Limited SDN, ViOil Industrial Group, Viterra Inc., Associated British Foods plc .

Contents of the report:
1. Executive Summary
2. Rapeseed Oil Market Report Structure
3. Rapeseed Oil Market Trends And Strategies
4. Rapeseed Oil Market - Macro Economic Scenario
5. Rapeseed Oil Market Size And Growth
…..
27. Rapeseed Oil Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company
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Email: info@tbrc.info

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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