Global Rapeseed Oil Market 2019-2023 | 5% CAGR Projection Over the Next Five Years | Technavio

Technavio has published a new market research report on the global rapeseed oil market from 2019-2023. (Graphic: Business Wire)

LONDON--()--The global rapeseed oil market is expected to post a CAGR of over 5% during the period 2019-2023, according to the latest market research report by Technavio.

Rapeseed oil contains a lower amount of unhealthy saturated fat compared to other cooking oils. Also, this oil is a rich, concentrated source of vitamin E, which proves beneficial for eyes, skin, and hair. Furthermore, rapeseed oil contains a large amount of omega-3 and omega-6 fatty acids responsible for the efficient working of the respiratory and circulatory systems. The consumption of rapeseed oil also helps in normalizing lipid levels, lowering blood pressure, and preventing the build-up of plaque in the arteries, thus, reducing the risk of coronary diseases. Thus, increasing awareness of the advantages of rapeseed oil will eventually drive the rapeseed oil market growth during the forecast period.

As per Technavio, the growing popularity of cold-pressed, extra virgin, and organic rapeseed oil will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global rapeseed oil market 2019-2023 research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.

Global rapeseed oil market: Growing popularity of cold-pressed, extra virgin, and organic rapeseed oil

Cold-pressed, extra virgin, and organic rapeseed is gaining traction in various countries owing to the growing health consciousness among consumers worldwide. Cold-pressed rapeseed oil is processed at a lower temperature, which helps in retaining the high quality, nutritional value, aroma, and natural flavor. Vendors in the market are also adopting fair-trade practices by using only high-quality natural ingredients, thereby producing organic rapeseed oil. Furthermore, several players operating in the market are launching new products to tap the vast market potential of cold-pressed and organic rapeseed oil.

“Market players in the rapeseed oil market are focusing on incorporating new and innovative techniques to achieve higher quality and better texture in their products. Companies are also deploying automation and incorporating to facilitate the development of superior quality products which will have a positive impact on the global rapeseed oil market during the forecast period,” says a senior research analyst at Technavio.

Global rapeseed oil market: Segmentation analysis

This market research report segments the global rapeseed oil market by distribution channel (offline and online) and geographic regions (APAC, Europe, North America, South America, and MEA).

APAC led the market in 2018, followed by Europe, North America, South America, and MEA, respectively. The market dominance of APAC can be attributed to the huge demand for rapeseed oil across the region, including China, India, Japan, Australia, South Korea, and Indonesia.

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Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global rapeseed oil market is expected to post a CAGR of over 5% during the period 2019-2023, according to the Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com