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Global Rapeseed Oil Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 5.3% – ResearchAndMarkets.com

The “Rapeseed
Oil Market by Application – Global Opportunity Analysis and Industry
Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s
offering.

The global rapeseed oil market is expected to garner $36,560 million by
2023, from $26,524 million in 2016, registering a CAGR of 5.3% from 2017
to 2023. Rapeseed, also called colza, is a member of the cruciferae
family and is grown primarily for obtaining oil. The major sources of
edible oils are rapeseed, copra, cottonseed, palm kernel, peanut,
soybean, and sunflower seed.

Oil is extracted either by mechanical extraction processes in oil mills
or by chemical extraction using solvents. The oil content in rapeseeds
is around 40%, and it is widely used in food and industrial applications.

Growth in demand for rapeseed oil-based bio-diesel in the European Union
and increased consumption of vegetable oil, such as rapeseed oil, to
produce biodiesel due to government mandates for biodiesel blending with
petroleum diesel drive the market growth. In addition, surge in the
global population has led to increase in demand for edible oils for food
processing.

Thus, rise in health consciousness among consumers and health benefits
of rapeseed oil fuel the market growth. Moreover, presence of vitamin E
and antioxidants in rapeseed oil makes it ideal for cosmetic & personal
care products such as oils, cream, and lotions. In terms of volume,
Asia-Pacific is the largest consumer of rapeseed oil, and is expected to
grow at a significant CAGR of 5.4% from 2017 to 2023. In terms of value,
it accounted for approximately half of the share of the global market in
2016. North America is anticipated to grow at the highest CAGR, both in
terms of value and volume during the forecast period.

Companies Mentioned:

Key Topics Covered:

Chapter 1. Introduction

Chapter 2. Executive Summary

Chapter 3. Market Overview

Chapter 4. Global Rapeseed Oil Market, By Application

Chapter 5. Global Rapeseed Oil Market, By Geography

Chapter 6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/r4vhdm/global_rapeseed?w=4

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