Rapeseed Market is expected to grow at a growth rate of 5.00% in the forecast period 2021 to 2028. The increasing production and sales of farm equipment is one of the vital factors for the rapeseed market in the forecast period of 2021 to 2028.
Rapeseed is an oilseed belonging to the Brassicaceae family and is derivative from the black seeds of a bright yellow colored plant generally known as oilseed rape plant. It is one of the main used oilseed for oil extraction which is later used for cooking and its meal for animal feed.
The major shift in consumer food patterns from animal to vegetable products due to increasing health awareness along with the growing demand for dietary fats and oils have mainly driven the rapeseed market growth. Moreover, rapeseed, because of its nutritional properties, is also used in personal care products, which is also expected to support growth of the rapeseed market. Also the consumers are increasing their expenses on consuming a healthy diet and personal appearances. Therefore, rapeseed is expected to act as a key functional ingredient in the preparation of various food products and cosmetic goods on account of its benefits in maintaining personal hygiene and nutritional enrichment in human body, thus acting as a significant factor for the growth of the rapeseed market.
Likewise, the rising health concern amongst individual and various health benefits of rapeseed such as light, low saturated fat content, non-greasy texture, high-quality source of antioxidant along with vitamin E, high monounsaturated fats, no artificial preservatives and trans-fat and GM free properties are increasing rapeseed demand from household sector and are also expected to act as major growth drivers for the rapeseed market in the forecast period of 2021 to 2028. However, the easy availability of various alternatives by local players is a major factor inhibiting the growth of the global rapeseed market. In addition, rapeseed is potential pollen allergen and may cause hay asthma or fever, which is expected to challenge the growth of the rapeseed market to a certain extent. Nevertheless, the technological advancements and rising R&D activities by manufacturers is expected to cater new opportunities in terms of revenue to players operating in the rapeseed market over the forecast period of 2021 to 2028.
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Competitive Landscape and Rapeseed Market Share Analysis
Rapeseed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to rapeseed market.
The major players covered in the rapeseed report are Cargill, Incorporated, Ola Oils, Mackintosh of Glendaveny, ConAgra Foods Inc., Breckenholme Trading Company, Helmike Plc, "Sodrugestvo" Group of Companies, ADM, K. S. Oils Limited, Adani Group, Ruchi Soya Industries Ltd., Associated British Foods plc., Bunge Limited, Adams Group, American Vegetable Oils, Inc., BORGES INTERNATIONAL GROUP, S.L., Marico, SME Business Services Limited, Walter Rau Neusser, and INTERFAT among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Rapeseed Market Scope and Market Size
Rapeseed market is segmented on the basis of product type, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on product type, the rapeseed market is segmented into processed and virgin.
On the basis of application, the rapeseed market is segmented into food processing, bio-fuel, personal care and others.
The end user of the rapeseed market is segmented into food service, food processor, and retail.
On the basis of distribution channel, the rapeseed market is segmented into modern trade, franchise outlets, specialty stores and online.
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Rapeseed Market Country Level Analysis
Rapeseed market is analyses and market size, volume information is provided by country, product type, application, end user and distribution channel as referenced above.
The countries covered in the rapeseed market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific leads the rapeseed market because of the large number of consumers who uses rapeseed oil in their staple food in this region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the growing consumption of rapeseed oil is escalating in residential as well as industrial applications in this particular region.
The country section of the rapeseed market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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