Rapeseed Oil Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to rapeseed oil market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Rapeseed Oil Market News

  • In December 2024, Sasol Chemicals, a leading supplier of specialty chemicals announced the launch of a new rapeseed-derived stearyl alcohol for use in the personal care industry. The NACOL 18-98 product is produced by using segregated rapeseed oil to provide a palm oil-free alternative for personal care companies.
  • In September 2024, Planted, a leading food technology company announced the launch of its fermented whole-cut steak product in France. The product is made using ingredients such as soy, rapeseed oil, beans, rice, and a proprietary blend of microbial cultures
  • In April 2024, Mellow Yellow, a local producer of rapeseed oil based in England announced the launch of a national campaign to champion British rapeseed oil. The company is known to provide sustainably grown, pressed, and bottled rapeseed oil to delivery maximum quality for its consumers.

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Global Rapeseed Oil Market size was valued at USD 115.2 Billion in 2023 and is poised to grow from USD 121.53 Billion in 2024 to USD 186.51 Billion by 2032, at a CAGR of 5.5% during the forecast period (2025-2032).

Rapeseed oil manufacturers should focus on providing virgin and cold-pressed oil to maximize their sales as health consciousness rises among people. Targeting the food processing industry is slated to be a key opportunity for all rapeseed oil suppliers in the long run. Collaborations and creation of novel products using rapeseed oil can also provide attractive business scope as per this global rapeseed oil market analysis. 'RISOIL S.A', 'ConAgra Foods Inc.', 'Louis Dreyfus Company', 'Borges International Group S.L.U', 'Pacific Coast Canola', 'The Archer Daniels Midland Company', 'Yorkshire Rapeseed Oil', 'Cargill Incorporated', 'American Vegetable Oils Inc.', 'Mackintosh of Glendaveny', 'Ola Oils', 'Adani Wilmar Ltd.', 'Cullise', 'Folba Oil Limited SDN'

Increasing health consciousness and awareness regarding diet and nutrition among people is forecasted to boost the consumption of rapeseed oil in the future. Rapeseed oil is rich in unsaturated fats, omega-3 fatty acids, and essential nutrients, which is expected to bolster the global rapeseed oil market outlook as consumers make health-conscious choices in the future.

Demand for Cold-pressed Rapeseed oil: Rapeseed oil companies can focus on providing cold-pressed oils to maximize their business scope as its popularity is rising among health-conscious consumers all over the world. Availability of more nutrients and retention of most natural flavor in cold-pressed rapeseed oil are also expected to make this a prominent rapeseed oil market trend for companies in the long run.

The Asia-Pacific region is slated to secure the top spot in terms of global rapeseed oil market share going forward. The presence of a massive food processing industry, high affordability of rapeseed oil, growing consumer awareness regarding the benefits of rapeseed oil, and growing emphasis on sustainability are cementing the dominance of this region. Availability of rich agricultural land makes this region a hotbed for rapeseed cultivation thereby contributing to the high share of Asia Pacific. China, Japan, and India are estimated to be the leading markets for rapeseed oil suppliers operating in the Asia Pacific region through 2032.

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Global Rapeseed Oil Market
Rapeseed Oil Market

Report ID: SQMIG30B2059

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