Global Rapeseed Oil Market Size, Share, Trends, Industry Growth by Type (Refined, Unrefined), by Nature (Conventional, Organic), by Application, by Distribution Channel, by Region, and Forecast to 2030
Report ID: RCMA472 | Report Format: PDF + Excel | Starting Price: 2680/- USD | Last Updated: July 31st, 2023The global rapeseed oil market size was valued at over USD 22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period (2023-2030). The increasing demand for vegetable oil due to the rising population and changing dietary patterns, coupled with the various health benefits of rapeseed oil, such as reducing the risk of cardiovascular diseases and providing a good source of omega-3 and omega-6 fatty acids, are some of the factors driving the growth of the rapeseed oil market. Additionally, the rising demand for biofuels and the increasing use of rapeseed oil in the production of biodiesel is also contributing to the growth of the market.
Driving Factors:
Increasing demand for healthier cooking oil: Rapeseed oil is known for its low saturated fat content and high levels of monounsaturated and polyunsaturated fats, making it a healthier alternative to other cooking oils. This has led to an increase in demand for rapeseed oil among health-conscious consumers.
Rising demand for biofuels: Rapeseed oil is also used as a feedstock for biodiesel production. The growing demand for biofuels due to their low carbon footprint and reduced emissions has led to an increase in demand for rapeseed oil.
Growing use in food industry: Rapeseed oil is used in various food products such as dressings, margarine, mayonnaise, and baked goods. The growing demand for convenience foods and ready-to-eat products has increased the demand for rapeseed oil in the food industry.
Increasing popularity of plant-based diets: The trend towards plant-based diets has increased the demand for rapeseed oil as a cooking oil and ingredient in plant-based food products.
Government initiatives and support: Governments in various countries are supporting the production of rapeseed oil as it is a locally produced oilseed crop that can reduce dependence on imported oil. This has led to an increase in production and demand for rapeseed oil.
Market Attributes:
| Benchmark Year | 2022 | ||
| Market Size | > USD 22 Billion in 2022 | ||
| Market Growth (CAGR) | 5.4% (2023-2030) | ||
| Largest Market Share | Europe | ||
| Analysis Period | 2020-2030 | ||
| Market Players | Cargill Inc., Archer Daniels Midland Company, Louis Dreyfus Company B.V., Bunge Limited, and Wilmar International Ltd. |
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Market Insights:
Market Analysis by Type:
The global rapeseed oil market is bifurcated into type, nature, application, distribution channel, and geography. On the basis of type, the market is further segmented into refined and unrefined oil. The refined rapeseed oil tends to have a larger market share than unrefined rapeseed oil. Refined rapeseed oil is processed using various methods such as refining, bleaching, and deodorizing, which removes impurities and gives the oil a neutral taste and aroma. This makes it suitable for various culinary applications, including frying, baking, and salad dressings. In addition, refined rapeseed oil has a higher smoke point than unrefined oil, which makes it more stable at high temperatures and a preferred choice for cooking.
On the other hand, unrefined rapeseed oil is also known as cold-pressed or virgin rapeseed oil, as it is extracted through a mechanical pressing process without the use of chemicals or high heat. This method preserves the natural nutrients and flavors of the oil, but also results in a stronger taste and odor, which may not be suitable for some culinary applications.
Market Analysis by Application:
On the basis of application, the global rapeseed oil market is bifurcated into food and beverages, biodiesel, cosmetics and personal care, and others. the food and beverage segment dominated the global market in the benchmark year and anticipated to grow at the same trend over the forecast period. This is because rapeseed oil is used extensively in cooking due to its high smoke point and neutral taste, making it a healthier alternative to other cooking oils. It is also used in the production of margarine, salad dressings, and mayonnaise. The increasing demand for healthier food products and the rising awareness of the health benefits of rapeseed oil are driving the growth of this segment. The biodiesel segment is also growing rapidly due to the increasing demand for renewable and sustainable energy sources, with rapeseed oil being a popular choice for biodiesel production.
Food and Beverages: Rapeseed oil is used extensively in food and beverages as a cooking oil due to its high smoke point and neutral flavor. It is also used in the production of margarine, salad dressings, and mayonnaise.
Biodiesel: Rapeseed oil is a major feedstock for the production of biodiesel. It is an environmentally friendly alternative to fossil fuels, and its use can help reduce greenhouse gas emissions.
Cosmetics and Personal Care: Rapeseed oil is used in cosmetics and personal care products due to its emollient and moisturizing properties. It is used in the production of lotions, creams, and soaps.
Others: Rapeseed oil is also used in industrial applications such as lubricants, surfactants, and inks.
The rapeseed oil market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.
Historical & Forecast Period
- 2020-21 – Historical Year
- 2022 – Base Year
- 2023-2030 – Forecast Period
Market Segmentation:
By Type:
- Refined
- Unrefined
By Nature:
- Conventional
- Organic
By Application:
- Food and Beverages
- Biodiesel
- Cosmetics and Personal Care
- Others
By Distribution Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Online
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Geographic Coverage
On the basis of region, Europe held the largest market share in the global rapeseed oil market in 2020, owing to its high production and consumption of rapeseed oil. Germany, France, and the United Kingdom are the major producers and consumers of rapeseed oil in the European region. Asia-Pacific is also a significant market for rapeseed oil due to the increasing demand for biodiesel production in countries such as China, India, and Japan. North America is also a significant market for rapeseed oil, with the United States being a major consumer and importer of rapeseed oil. Overall, the dominant region for the rapeseed oil market can vary depending on several factors and trends in the market.
Competitive Assessment
The rapeseed oil market is highly competitive with the presence of several international and regional players. Some of the major players operating in the market are Cargill Inc., Archer Daniels Midland Company, Louis Dreyfus Company B.V., Bunge Limited, and Wilmar International Ltd. These companies are focusing on strategies such as mergers and acquisitions, partnerships, collaborations, and product launches to strengthen their position in the market. For instance, in 2020, Archer Daniels Midland Company announced the launch of its new line of rapeseed oil with low saturated fat content, catering to the growing demand for healthier food products. Similarly, in 2019, Cargill Inc. announced the acquisition of a leading rapeseed oil producer, to expand its product portfolio and geographic reach in the market.
Key Companies:
- Cargill Inc.
- Archer Daniels Midland Company
- Louis Dreyfus Company B.V.
- Bunge Limited
- Wilmar International Ltd.
- Richardson International Limited
- CHS Inc.
- AGT Food and Ingredients
- Royal DSM N.V.
- The J.M. Smucker Company
Key Questions Answered by Rapeseed Oil Market Report
- Global rapeseed oil market forecasts from 2023-2030
- Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
- Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
- Rapeseed oil submarket forecasts from 2023-2030 covering the market by type, nature, application, distribution channel, and geography
- Various industry models such as SWOT analysis, Value Chain Analysis about the market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level rapeseed oil markets from 2023-2030
- Competitive Landscape and market positioning of top 10 players operating in the market
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
1.4. Assumptions
2. Executive Summary
2.1. Global Rapeseed Oil Market Portraiture
2.2. Global Rapeseed Oil Market, by Type, 2022 (USD Mn)
2.3. Global Rapeseed Oil Market, by Nature, 2022 (USD Mn)
2.4. Global Rapeseed Oil Market, by Application, 2022 (USD Mn)
2.5. Global Rapeseed Oil Market, by Distribution Channel, 2022 (USD Mn)
2.6. Global Rapeseed Oil Market, by Geography, 2022 (USD Mn)
3. Global Rapeseed Oil Market Analysis
3.1. Rapeseed Oil Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis
3.8. COVID-19 Impact Analysis
4. Global Rapeseed Oil Market By Type, 2020 – 2030 (USD Mn)
4.1. Overview
4.2. Refined
4.3. Unrefined
5. Global Rapeseed Oil Market By Nature, 2020 – 2030 (USD Mn)
5.1. Overview
5.2. Conventional
5.3. Organic
6. Global Rapeseed Oil Market By Application, 2020 – 2030 (USD Mn)
6.1. Overview
6.2. Food and Beverages
6.3. Biodiesel
6.4. Cosmetics and Personal Care
6.5. Others
7. Global Rapeseed Oil Market By Distribution Channel, 2020 – 2030 (USD Mn)
7.1. Overview
7.2. Supermarkets/Hypermarkets
7.3. Specialty Stores
7.4. Online
7.5. Others
8. North America Rapeseed Oil Market Analysis and Forecast, 2020 – 2030 (USD Mn)
8.1. Overview
8.2. North America Rapeseed Oil Market by Type, (2020-2030 USD Mn)
8.3. North America Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
8.4. North America Rapeseed Oil Market by Application, (2020-2030 USD Mn)
8.5. North America Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
8.6. North America Rapeseed Oil Market by Country, (2020-2030 USD Mn)
8.6.1. U.S.
8.6.1.1. U.S. Rapeseed Oil Market by Type, (2020-2030 USD Mn)
8.6.1.2. U.S. Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
8.6.1.3. U.S. Rapeseed Oil Market by Application, (2020-2030 USD Mn)
8.6.1.4. U.S. Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
8.6.2. Canada
8.6.2.1. Canada Rapeseed Oil Market by Type, (2020-2030 USD Mn)
8.6.2.2. Canada Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
8.6.2.3. Canada Rapeseed Oil Market by Application, (2020-2030 USD Mn)
8.6.2.4. Canada Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9. Europe Rapeseed Oil Market Analysis and Forecast, 2020 - 2030 (USD Mn)
9.1. Overview
9.2. Europe Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.3. Europe Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.4. Europe Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.5. Europe Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9.6. Europe Rapeseed Oil Market by Country, (2020-2030 USD Mn)
9.6.1. Germany
9.6.1.1. Germany Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.6.1.2. Germany Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.6.1.3. Germany Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.6.1.4. Germany Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9.6.2. U.K.
9.6.2.1. U.K. Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.6.2.2. U.K. Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.6.2.3. U.K. Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.6.2.4. U.K. Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9.6.3. France
9.6.3.1. France Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.6.3.2. France Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.6.3.3. France Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.6.3.4. France Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9.6.4. Spain
9.6.4.1. Spain Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.6.4.2. Spain Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.6.4.3. Spain Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.6.4.4. Spain Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9.6.5. Italy
9.6.5.1. Italy Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.6.5.2. Italy Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.6.5.3. Italy Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.6.5.4. Italy Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
9.6.6. Rest of Europe
9.6.6.1. Rest of Europe Rapeseed Oil Market by Type, (2020-2030 USD Mn)
9.6.6.2. Rest of Europe Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
9.6.6.3. Rest of Europe Rapeseed Oil Market by Application, (2020-2030 USD Mn)
9.6.6.4. Rest of Europe Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
10. Asia Pacific Rapeseed Oil Market Analysis and Forecast, 2020 - 2030 (USD Mn)
10.1. Overview
10.2. Asia Pacific Rapeseed Oil Market by Type, (2020-2030 USD Mn)
10.3. Asia Pacific Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
10.4. Asia Pacific Rapeseed Oil Market by Application, (2020-2030 USD Mn)
10.5. Asia Pacific Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
10.6. Asia Pacific Rapeseed Oil Market by Country, (2020-2030 USD Mn)
10.6.1. China
10.6.1.1. China Rapeseed Oil Market by Type, (2020-2030 USD Mn)
10.6.1.2. China Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
10.6.1.3. China Rapeseed Oil Market by Application, (2020-2030 USD Mn)
10.6.1.4. China Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
10.6.2. Japan
10.6.2.1. Japan Rapeseed Oil Market by Type, (2020-2030 USD Mn)
10.6.2.2. Japan Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
10.6.2.3. Japan Rapeseed Oil Market by Application, (2020-2030 USD Mn)
10.6.2.4. Japan Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
10.6.3. India
10.6.3.1. India Rapeseed Oil Market by Type, (2020-2030 USD Mn)
10.6.3.2. India Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
10.6.3.3. India Rapeseed Oil Market by Application, (2020-2030 USD Mn)
10.6.3.4. India Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
10.6.4. South Korea
10.6.4.1. South Korea Rapeseed Oil Market by Type, (2020-2030 USD Mn)
10.6.4.2. South Korea Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
10.6.4.3. South Korea Rapeseed Oil Market by Application, (2020-2030 USD Mn)
10.6.4.4. South Korea Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
10.6.5. Rest of Asia Pacific
10.6.5.1. Rest of Asia Pacific Rapeseed Oil Market by Type, (2020-2030 USD Mn)
10.6.5.2. Rest of Asia Pacific Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
10.6.5.3. Rest of Asia Pacific Rapeseed Oil Market by Application, (2020-2030 USD Mn)
10.6.5.4. Rest of Asia Pacific Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
11. Latin America (LATAM) Rapeseed Oil Market Analysis and Forecast, 2020 - 2030 (USD Mn)
11.1. Overview
11.2. Latin America Rapeseed Oil Market by Type, (2020-2030 USD Mn)
11.3. Latin America Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
11.4. Latin America Rapeseed Oil Market by Application, (2020-2030 USD Mn)
11.5. Latin America Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
11.6. Latin America Rapeseed Oil Market by Country, (2020-2030 USD Mn)
11.6.1. Brazil
11.6.1.1. Brazil Rapeseed Oil Market by Type, (2020-2030 USD Mn)
11.6.1.2. Brazil Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
11.6.1.3. Brazil Rapeseed Oil Market by Application, (2020-2030 USD Mn)
11.6.1.4. Brazil Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
11.6.2. Mexico
11.6.2.1. Mexico Rapeseed Oil Market by Type, (2020-2030 USD Mn)
11.6.2.2. Mexico Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
11.6.2.3. Mexico Rapeseed Oil Market by Application, (2020-2030 USD Mn)
11.6.2.4. Mexico Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
11.6.3. Rest of Latin America
11.6.3.1. Rest of Latin America Rapeseed Oil Market by Type, (2020-2030 USD Mn)
11.6.3.2. Rest of Latin America Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
11.6.3.3. Rest of Latin America Rapeseed Oil Market by Application, (2020-2030 USD Mn)
11.6.3.4. Rest of Latin America Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
12. Middle East and Africa Rapeseed Oil Market Analysis and Forecast, 2020 - 2030 (USD Mn)
12.1. Overview
12.2. MEA Rapeseed Oil Market by Type, (2020-2030 USD Mn)
12.3. MEA Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
12.4. MEA Rapeseed Oil Market by Application, (2020-2030 USD Mn)
12.5. MEA Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
12.6. Middle East and Africa Rapeseed Oil Market, by Country, (2020-2030 USD Mn)
12.6.1. GCC
12.6.1.1. GCC Rapeseed Oil Market by Type, (2020-2030 USD Mn)
12.6.1.2. GCC Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
12.6.1.3. GCC Rapeseed Oil Market by Application, (2020-2030 USD Mn)
12.6.1.4. GCC Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
12.6.2. South Africa
12.6.2.1. South Africa Rapeseed Oil Market by Type, (2020-2030 USD Mn)
12.6.2.2. South Africa Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
12.6.2.3. South Africa Rapeseed Oil Market by Application, (2020-2030 USD Mn)
12.6.2.4. South Africa Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
12.6.3. Rest of MEA
12.6.3.1. Rest of MEA Rapeseed Oil Market by Type, (2020-2030 USD Mn)
12.6.3.2. Rest of MEA Rapeseed Oil Market by Nature, (2020-2030 USD Mn)
12.6.3.3. Rest of MEA Rapeseed Oil Market by Application, (2020-2030 USD Mn)
12.6.3.4. Rest of MEA Rapeseed Oil Market by Distribution Channel, (2020-2030 USD Mn)
13. Company Profiles
13.1. Cargill Inc.
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Archer Daniels Midland Company
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Louis Dreyfus Company B.V.
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Bunge Limited
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Wilmar International Ltd.
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Richardson International Limited
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. CHS Inc.
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. AGT Food and Ingredients
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Royal DSM N.V.
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. The J.M. Smucker Company
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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