This report provides a forecast and analysis of the global rapeseed oil market. It provides estimated data of 2018, and forecast data up to 2027 in terms of revenue (US$ Mn). The report also includes key macroeconomic indicators influencing the consumption of various food and beverage products, along with an outlook on rapeseed oil for the global market. It includes the market growth drivers and challenges for the global rapeseed oil market, and their impact on each region during the forecast period. The rapeseed oil market report also comprises the study of current issues with consumers, and opportunities for rapeseed oil end products. It also includes value chain analysis.
Rapeseed is a member of the Brassica species, which includes turnips and cabbages. The cultivation of this crop first started some thousands of years ago in China, India, and Japan. At present, rapeseed oil is one of the most important vegetable oils for human consumption. The oilseed rape plants can grow up to 175 cm in height, and have unique yellow flowers with green-blue leaves. The seeds are round, small, and black. Large areas where the cultivation of rapeseed for oil is done is mostly in Poland and elsewhere in the European Union. Rapeseed oil is widely used for various applications such as marinating meals, salad dressings, and sauces. Rapeseed oil has low content of erucic acid and glucosinolates, elements that present possible health hazards to individuals, and lessen the palatability and nutritious value as feed. Because of the implicit health aids linked with the lowest saturated-fat content in all main vegetable oils, rapeseed has been recognized as a major source of vegetable oil, globally. Rapeseed contains barely 40 percent oil, which naturally accounts for 50 to 60 percent of the total seed value. Rapeseed oil is suitable for use in cooking oils, salads, and baking. Extending the marketing channel, rapeseed oil reaches customers in processed food products such as salad dressings, potato chips, baked goods, mayonnaise, and candies.
Talking about the availability, summer is the peak time for oilseed rape crops, and once pressed or extracted, the rapeseed oil has a very long shelf life, and can be stored for several months as long as it’s in a vacuum-packed container at room temperature in an area safeguarded from daylight. Rapeseed oil can be bought at most retail channels all year long.
Plant oils such as rapeseed oil are mainly used for human consumption, as an ingredient in food, or as margarine and salad oil. The non-edible uses of rapeseed oil include industrial applications, particularly in making soaps, cosmetics, and detergents. Generally, the need for rapeseed oil is completely correlated to GDP growth rate, but additional factors such as variations in appetite and competition with new fats also play a significant role. One can anticipate that the demand for rapeseed oil will stay adequately robust to endure incessant progression in the rapeseed oil market. Also, the development of biodiesel has prompted a remarkable upsurge in both, the production and consumption of rapeseed oil.
Rapeseed Oil Market: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2027)Buy Now
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