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Rapeseed increased 0.79 EUR/T or 0.15% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Rapeseed Oil.
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The global rapeseed oil market is expected to record a CAGR of 4.6% during the forecast period. In 2023, the market size is projected to be US$ 17.7 billion. The valuation is anticipated to be at US$ 27.7 billion by 2033.
Attributes | Value |
---|---|
Rapeseed Oil Market Value (2022) | US$ 16.9 billion |
Rapeseed Oil Market Expected Value (2023) | US$ 17.7 billion |
Rapeseed Oil Market Forecast Value (2033) | US$ 27.7 billion |
Rapeseed Oil Market Expected CAGR (2023 to 2033) | 4.6% |
Segmentation Insights
Segment | Product Type |
---|---|
Attributes | Processed |
CAGR (2017 to 2022) | 4.2% |
CAGR (2023 to 2033) | 4.5% |
Segment | End User |
---|---|
Attributes | Food Service |
CAGR (2017 to 2022) | 4.3% |
CAGR (2023 to 2033) | 4.6% |
Attributes | Details |
---|---|
United States Market Expected Size (2033) | US$ 2.8 billion |
United States Market Absolute Dollar Growth | US$ 668.1 million |
CAGR % 2017 to 2022 | 2.2% |
Attributes | Details |
---|---|
United Kingdom Market Expected Size (2033) | US$ 1.9 billion |
United Kingdom Market Absolute Dollar Growth | US$ 598.7 million |
CAGR % 2017 to 2022 | 4.3%% |
Attributes | Details |
---|---|
France Market Expected Size (2033) | US$ 3.6 billion |
France Market Absolute Dollar Growth | US$ 1.7 billion |
CAGR % 2017 to 2022 | 6.5% |
Attributes | Details |
---|---|
China Market Expected Size (2033) | US$ 3.3 billion |
China Market Absolute Dollar Growth | US$ 1.3 billion |
CAGR % 2017 to 2022 | 5% |
Attributes | Details |
---|---|
Japan Market Expected Size (2033) | US$ 3.8 billion |
Japan Market Absolute Dollar Growth | US$ 1.3 billion |
CAGR % 2017 to 2022 | 4% |
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Explore the Rapeseed Oil Global Market Report 2025 Market trends! Covers key players, growth rate 5.6% CAGR, market size $34.58 Billion, and forecasts to 2033. Get insights now!
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After four years of growth, the Asia-Pacific rapeseed oil market decreased by -1.6% to $20.4B in 2024. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $20.7B in 2023, and then declined slightly in the following year.
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The EU rapeseed oil market surged to $13.1B in 2024, rising by 64% against the previous year. Over the period under review, consumption saw a mild expansion. Over the period under review, the market hit record highs at $19.2B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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Forecast: Rapeseed Oil and Mustard Oil Market Size Volume in Japan 2022 - 2026 Discover more data with ReportLinker!
This statistic shows the production volume of rapeseed oil worldwide from 2012/13 to 2023/24, with a forecast for 2024/25. In 2023/24, the global production volume of rapeseed oil amounted to about 32.7 million metric tons.
Rapeseed Oil Market Size 2024-2028
The rapeseed oil market size is forecast to increase by USD 10.10 billion at a CAGR of 4.5% between 2023 and 2028.
The market is witnessing significant growth due to the increasing health consciousness among consumers and the rising trend of veganism. The health benefits associated with rapeseed oil, such as its high monounsaturated fat content and rich nutritional profile, are driving its demand as a healthy substitute for other edible oils. Moreover, consumer preferences are shifting towards plant-based products, creating a surge in demand for rapeseed oil. However, certification challenges pose a significant hurdle for producers. Ensuring compliance with various certifications, such as organic and non-GMO, can be time-consuming and costly. Producers must navigate these challenges to maintaIn their market position and meet consumer demands.Overall, the market is expected to continue its growth trajectory, fueled by these trends and the increasing health awareness among consumers.
What will be the Size of the Rapeseed Oil Market During the Forecast Period?
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The market, also known as colza oil, is derived from the seeds of the rape plant, which belongs to the Brassicaceae family and includes Brassica napus and Brassica rapa varieties. This oil-rich property makes rapeseed oil a popular choice in various industries, including food processing and bio-diesels. The health benefits associated with rapeseed oil, such as omega-3 fatty acids, vitamin E, and antioxidants, have fueled demand among health-conscious consumers. In the food processing sector, rapeseed oil is used as a substitute for saturated fats, monounsaturated fats, and polyunsaturated fats found in sunflower oil and olive oil. The food service industry also utilizes rapeseed oil for cold-pressed and refined versions.The market is experiencing growth due to increasing consumer preference for healthy diets and the versatility of rapeseed oil in various applications.
How is this Rapeseed Oil Industry segmented and which is the largest segment?
The rapeseed oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. Distribution ChannelOfflineOnlineGeographyAPACChinaIndiaEuropeGermanyUKNorth AmericaUSSouth AmericaMiddle East and Africa
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period.
The market distribution is primarily driven by offline channels, including supermarkets, hypermarkets, discount stores, convenience stores, health stores, and grocery stores. These channels provide ample stock space for various rapeseed oil brands, offering consumers multiple options. Infrastructure development and urbanization are significant factors driving the expansion of offline distribution channels worldwide. Major markets for rapeseed oil, such as the US, the UK, Germany, France, Italy, Australia, Japan, China, and Canada, exhibit high penetration of offline distribution channels. Traditional processing techniques are used to extract rapeseed oil, which contains both saturated and monounsaturated fatty acids. While saturated fatty acids can increase bad cholesterol levels, monounsaturated fatty acids are beneficial for heart health and can help reduce bad cholesterol levels.Rapeseed oil also contains erucic acid and eicosenoic acid, with low erucic variety being preferred due to its health benefits. Online sales channels, including online retailers and online groceries, have also emerged as a distribution medium, leveraging digital technologies for seamless transactions. However, offline distribution channels remain a crucial medium for rapeseed oil companies due to their wide reach and consumer preference for physical product selection.
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The Offline segment was valued at USD 31.36 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 36% to the growth of the global market during the forecast period.
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Asia-Pacific (APAC) region is a major contributor to The market due to increasing demand for healthier edible oils and biodiesel production. China, India, and Japan are key producers In the region, with China being the largest consumer and importer. Favorable climatic conditions and advanced agricultural practices support rapeseed oil production In the region.
This statistic depicts the retail sales volume of the edible rapeseed oil market in Japan from 2012 to 2016, with forecasted figures until 2021. In 2016, approximately 161.5 million liters of rapeseed oil were sold in Japan and retail sales were forecasted to decrease to around 155.9 million liters in 2021.
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The Chinese rapeseed oil market fell slightly to $9.5B in 2024, waning by -3.6% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Rapeseed oil consumption peaked at $10B in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
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Global Rapeseed Oil Market Size By Nature (Conventional And Organic), By End-Use (Cosmetic and Personal Care, Food and Beverage, Animal Feed), By Geography Scope And Forecast
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Learn about the projected growth of the global rapeseed oil market from 2024 to 2030, with an expected increase in both volume and value.
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Rapeseed oil market poised for continued growth with increasing demand worldwide, expected to reach 30M tons in volume and $53.5B in value by 2035.
In 2023/24, the rapeseed oil usage amounted to over 34.4 million metric tons worldwide. In 2022/2023, the global vegetable oil production was over 210 million metric tons.
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Learn about the projected growth of the rapeseed oil market in the United States over the next decade, driven by increasing demand. Market performance is expected to expand with a CAGR of +2.2% in volume and +3.7% in value, reaching 5.2M tons and $7.6B respectively by 2035.
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Forecast: Rapeseed Oil and Mustard Oil Market Size Volume in Chile 2022 - 2026 Discover more data with ReportLinker!
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Global Canola Oil Market is anticipated to grow at a CAGR of 5.6% during the forecast period, with an estimated size and share exceeding USD 50.16 million by 2032, according to projections.
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Forecast: Rapeseed Oil and Mustard Oil Market Size Volume in China 2022 - 2026 Discover more data with ReportLinker!
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In 2024, the UK crude rapeseed oil market increased by 11% to $296M, rising for the third year in a row after two years of decline. Over the period under review, consumption recorded prominent growth. Over the period under review, the market hit record highs in 2024 and is likely to see gradual growth in years to come.
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Forecast: Rapeseed Oil and Mustard Oil Market Size Volume in Switzerland 2023 - 2027 Discover more data with ReportLinker!
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Rapeseed increased 0.79 EUR/T or 0.15% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Rapeseed Oil.