The Rapeseed Oil Global Market Report 2023, provides comprehensive information on the rapeseed oil market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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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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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 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)
Asia-Pacific was the largest region in the rapeseed oil market in 2022.
The table of contents in TBRC’s rapeseed oil market report includes:
- Executive Summary
- Rapeseed Oil Market Characteristics
- Rapeseed Oil Market Trends And Strategies
- Rapeseed Oil Market – Macro Economic Scenario
- Rapeseed Oil Market Size And Growth
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- Africa Rapeseed Oil Market
- Rapeseed Oil Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Rapeseed Oil Market
- Rapeseed Oil Market Future Outlook and Potential Analysis
- Appendix
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