Rapeseed fell to 469.25 EUR/T on October 24, 2025, down 0.58% from the previous day. Over the past month, Rapeseed's price has fallen 0.64%, and is down 7.77% compared to the same time last year, 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.

Why did the Rapeseed Oil Price Change in July 2025? The overall quarterly trend for Rapeseed oil spot price in North America saw a downward trajectory in Q2 2025, with an average quarter-over-quarter price decline approximately 4.71%, ending June prices at USD 1111 per metric ton.

The global rapeseed oil market is projected to grow from USD 19.4 billion in 2025 to USD 30.4 billion by 2035, registering a CAGR of 4.6%.

Rapeseed Oil Market size is expected to be worth around USD 40.4 Billion by 2034, from USD 25.5 Billion in 2024, at a CAGR of 4.7%

View monthly updates and historical trends for Rapeseed Oil Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Rapeseed Oil Market Outlook

The global rapeseed oil market size in 2023 was valued at approximately USD 29 billion, with forecasts suggesting it will reach around USD 42 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.2% during the forecast period. This growth is driven by increasing demand for healthier edible oils and the growing awareness of rapeseed oil's benefits, such as its heart-friendly profile, low levels of saturated fat, and high levels of omega-3 fatty acids. The market is witnessing significant traction due to these health benefits, coupled with a rising trend towards sustainable and eco-friendly biofuels, in which rapeseed oil plays a crucial role.

One primary growth driver for the rapeseed oil market is its expanding application in the food industry. As consumers globally become more health-conscious, there is a higher demand for oils with low saturated fat content. Rapeseed oil, often considered a healthier option compared to other cooking oils, fits this demand perfectly. Its versatility in cooking, from sautéing to baking, enhances its desirability among consumers. Additionally, the culinary industry's shift towards incorporating more plant-based ingredients has amplified the demand for rapeseed oil as a key ingredient in vegan recipes and processed foods, further propelling market growth.

Another significant factor contributing to the market's expansion is the increased use of rapeseed oil in the production of biofuels. As global energy policies shift towards reducing carbon footprints and using more renewable energy sources, rapeseed oil emerges as a viable feedstock for biodiesel production. This shift is particularly prominent in Europe, where stringent environmental regulations have accelerated the adoption of biofuels. As a renewable energy source, rapeseed oil helps mitigate greenhouse gas emissions, presenting a lucrative growth opportunity in the energy sector. This eco-friendly characteristic of rapeseed oil aligns well with global sustainability goals, further enhancing its market potential.

The industrial application of rapeseed oil also contributes to the market's growth. It serves as a raw material in the production of various industrial products such as lubricants, rubber, and plastics. The oil's superior lubricating properties and biodegradable nature make it a preferred choice in manufacturing environmentally friendly industrial goods. Moreover, the rising demand for biodegradable and non-toxic industrial products is poised to boost the utilization of rapeseed oil in industrial applications. As industries continue to prioritize sustainability, rapeseed oil's role as a bio-based industrial input is expected to expand, driving market growth.

Regionally, Europe dominates the rapeseed oil market, accounting for the largest market share in 2023. The region's dominance is attributable to its substantial rapeseed production and consumption, driven by strong demand for both edible and biofuel applications. The European market is expected to maintain a steady growth rate, with a CAGR of around 3.8% through 2032. In contrast, the Asia Pacific region is anticipated to exhibit the highest growth rate, driven by increasing consumption in countries like China and India, where culinary habits are evolving towards healthier oils. North America and Latin America are also witnessing moderate growth, propelled by the expanding food and biofuel industries.

Product Type Analysis

In the realm of product types, refined rapeseed oil holds a significant share of the market, driven by its wide range of applications in both domestic and commercial cooking. Refined rapeseed oil undergoes an extensive purification process, removing impurities and enhancing its quality for consumption. This type of oil is preferred in the food industry for its neutral flavor, high smoke point, and nutritional benefits, making it ideal for frying and baking. Furthermore, its long shelf life and cost-effective nature compared to other edible oils bolster its demand among consumers and food service providers, contributing to its prominent position in the market.

Virgin rapeseed oil, though a smaller segment compared to refined oil, also plays a vital role in the market. This type of oil is extracted without the use of chemicals, preserving more of its natural flavor and nutritional content. Virgin rapeseed oil is gaining popularity among health-conscious consumers who prefer organic and minimally processed food products. The rising trend of organic foods and clean-label products is expected to drive the demand for virgin

Graph and download economic data for Global price of Rapeseed Oil (PROILUSDM) from Jan 1990 to Jun 2025 about oil, World, food, and price.

Learn about the projected growth of the rapeseed oil market over the next decade, driven by increasing global demand. Market volume is expected to reach 30M tons by 2035, with a value of $53.5B.

The Rapeseed Oil Market size is expected to reach USD 41.3 billion in 2034 growing at a CAGR of 3.8. Rapeseed Oil Market report with forecasting, segmentation analysis, demand drivers, and industry trend insights.

The EU rapeseed oil market surged to $11.9B in 2024, jumping by 40% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $21.9B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Rapeseed Oil Market is estimated to be USD 52890.58 million by 2030 with a CAGR of 5.4% during the forecast period. The market is segmented based on application, and region. Asia Pacific is accounted for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period.

The global refined rapeseed oil market is experiencing robust growth, driven by increasing health consciousness and the oil's versatility in culinary and industrial applications. While precise market size figures are unavailable, leveraging industry reports and considering a conservative estimate based on similar vegetable oil markets, we can project a 2025 market size of approximately $15 billion. A Compound Annual Growth Rate (CAGR) of 4% (a reasonable estimate given the steady growth in vegetable oil consumption) suggests a market value approaching $20 billion by 2033. Key drivers include rising consumer preference for healthier cooking oils, expanding food processing industries utilizing rapeseed oil as an ingredient, and growing biodiesel production. Trends point towards increasing demand for non-GMO and sustainably sourced rapeseed oil, pushing producers toward certification and transparent supply chains. However, price volatility related to crop yields and global commodity markets presents a significant restraint, as do potential competition from other vegetable oils. Market segmentation reveals a relatively even split between online and offline sales channels. Genetically Modified (GM) rapeseed oil currently holds a larger market share than Non-GMO Canola oil, though the latter's segment is expanding rapidly due to the aforementioned consumer preferences. The market's competitive landscape is intensely globalized, featuring both large multinational corporations such as Cargill, ADM, and Bunge, and smaller regional players. North America and Europe currently represent the largest regional markets, reflecting high per capita consumption and established food processing sectors. However, rapid economic growth and changing dietary habits in Asia-Pacific, particularly in China and India, are driving substantial regional market expansion. Future growth will likely be fueled by continued innovations in oil extraction and processing, along with strategic partnerships and mergers & acquisitions within the industry. Furthermore, government policies promoting sustainable agriculture and biofuel production will play a crucial role in shaping market dynamics over the forecast period. The refined rapeseed oil market presents a promising investment opportunity for stakeholders who can adapt to evolving consumer preferences and navigate the complexities of the global commodity landscape.

The global oilseed rape oil market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is primarily fueled by the expanding food industry, particularly in areas with a high preference for healthier cooking oils and the rising popularity of plant-based diets. The biofuels sector also significantly contributes to market expansion, propelled by government initiatives promoting sustainable energy sources and reducing reliance on fossil fuels. Further growth is anticipated from the oleo chemical industry, utilizing oilseed rape oil as a raw material for various chemical products. While challenges such as fluctuating oilseed prices and competition from other vegetable oils exist, the overall market outlook remains positive, owing to the consistent demand for versatile and sustainable oil sources. The market segmentation reveals strong performance across various applications and types. Organic oilseed rape oil is witnessing a rapid increase in popularity, driven by the burgeoning demand for organic and health-conscious products. Geographically, North America and Europe are currently the leading markets, with a significant concentration of major players and established processing infrastructure. However, Asia Pacific is expected to demonstrate substantial growth in the forecast period, stimulated by rising disposable incomes and changing consumption patterns. The leading companies in this competitive market, including ADM, Cargill, Bunge, and others, are focusing on strategic partnerships, technological advancements, and geographic expansion to secure their market share and capitalize on emerging opportunities. The continued focus on sustainability and eco-friendly practices within the industry further supports the long-term growth trajectory of the oilseed rape oil market. This report provides a detailed analysis of the global oilseed rape oil market, a dynamic sector valued at over $25 billion annually. We delve into production, consumption patterns, key players, and future trends, offering invaluable insights for industry stakeholders, investors, and researchers. This report uses rigorous data analysis and incorporates perspectives from leading experts to deliver an accurate and comprehensive overview of this crucial agricultural commodity. Keywords: Oilseed rape oil market, canola oil, rapeseed oil, biofuels, food industry, oleo chemicals, market analysis, industry trends, organic oil, conventional oil, market size, market share, competitive landscape.

In 2024, Market Research Intellect valued the Rapeseed Oil Market Report at USD 24.5 billion, with expectations to reach USD 35.2 billion by 2033 at a CAGR of 4.8%.Understand drivers of market demand, strategic innovations, and the role of top competitors.

Forecast: Rapeseed Oil and Mustard Oil Market Size Volume in Japan 2022 - 2026 Discover more data with ReportLinker!

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 ***** million liters of rapeseed oil were sold in Japan and retail sales were forecasted to decrease to around ***** million liters in 2021.

Rapeseed Oil Market Outlook

According to our latest research, the global rapeseed oil market size reached USD 36.8 billion in 2024, reflecting robust demand and a healthy expansion trajectory. The market is anticipated to advance at a CAGR of 4.1% from 2025 to 2033, with the total market size forecasted to attain USD 52.6 billion by 2033. This steady growth is primarily driven by the increasing adoption of rapeseed oil in food processing, biodiesel production, and a rising preference for healthier vegetable oils globally. As per our latest research, the rapeseed oil sector is witnessing significant transformation due to evolving consumer preferences, regulatory support for biofuels, and advancements in oil extraction technologies.

The growth of the rapeseed oil market is strongly influenced by the global shift towards healthier dietary fats and oils. Rapeseed oil, known for its low saturated fat and high omega-3 fatty acid content, has become increasingly popular among health-conscious consumers. This trend is particularly evident in developed economies, where the demand for healthier cooking oils is surging. Furthermore, the growing awareness regarding the adverse health impacts of trans fats and animal-derived fats is propelling the consumption of plant-based oils, including rapeseed oil. Food manufacturers are reformulating their products to include rapeseed oil, capitalizing on its neutral flavor and beneficial nutritional profile. This shift is not only boosting retail sales but also driving demand in the food processing sector, reinforcing the market’s positive outlook.

Another critical growth driver for the rapeseed oil market is the expanding biodiesel industry. Governments worldwide are implementing stringent regulations and incentives to promote the use of renewable energy sources, including biofuels. Rapeseed oil is a preferred raw material for biodiesel production due to its high oil yield and favorable chemical properties. The European Union, in particular, has been at the forefront of biofuel adoption, with rapeseed oil accounting for a significant share of biodiesel feedstock. This regulatory landscape is encouraging farmers to allocate more acreage to rapeseed cultivation, thereby ensuring a steady supply for industrial applications. The synergy between agricultural policies and energy mandates is expected to sustain the demand for rapeseed oil in the foreseeable future.

Technological advancements in oil extraction and processing are also contributing to the growth of the rapeseed oil market. Innovations such as cold-pressing and solvent extraction techniques have improved oil yield, purity, and shelf life, making rapeseed oil more accessible and affordable for end-users. These advancements have enabled manufacturers to cater to diverse application segments, from refined culinary oils to industrial lubricants and animal feed supplements. Moreover, the integration of sustainability practices in rapeseed cultivation and processing is resonating with environmentally conscious consumers and businesses. As a result, companies are investing in traceable supply chains and eco-friendly production methods, further enhancing the market’s growth prospects.

From a regional perspective, Europe remains the dominant market for rapeseed oil, accounting for the largest share in 2024, followed by the Asia Pacific and North America. The European market’s strength is attributed to its established biodiesel industry, high per capita consumption of vegetable oils, and supportive agricultural policies. Meanwhile, the Asia Pacific region is witnessing rapid growth, driven by rising disposable incomes, urbanization, and increasing awareness of healthy cooking oils. North America, though smaller in comparison, is experiencing steady demand due to the growing food processing sector and the adoption of biofuels. Latin America and the Middle East & Africa are emerging markets with significant untapped potential, primarily due to expanding food industries and evolving consumer preferences.

Product Type Analysis

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 **** million metric tons.

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Rapeseed Oil Market Size 2024-2028

The rapeseed oil market size is valued to increase by USD 10.10 billion, at a CAGR of 4.5% from 2023 to 2028. Health benefits associated with rapeseed oil will drive the rapeseed oil market.

Market Insights

APAC dominated the market and accounted for a 36% growth during the 2024-2028.
By Distribution Channel - Offline segment was valued at USD 31.36 billion in 2022
By Type - Refined segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 41.30 billion 
Market Future Opportunities 2023: USD 10.10 billion
CAGR from 2023 to 2028 : 4.5%

Market Summary

Rapeseed oil, derived from the seeds of the rapeseed plant, has gained significant attention in the global market due to its numerous health benefits. Rich in monounsaturated and polyunsaturated fatty acids, rapeseed oil is recognized for its ability to reduce bad cholesterol levels and improve heart health. The increasing consumer preference toward opting for healthy substitutes and the rise of veganism have fueled the demand for rapeseed oil. However, the market faces challenges, primarily related to certification. Producers must adhere to stringent regulations to ensure their products meet the standards set by various organizations. For instance, the European Union's Common Agricultural Policy (CAP) requires rapeseed oil to be free of erucic acid, a potential health hazard, to be labeled as 'rapeseed oil.' This certification process adds to the operational costs and complexity of the supply chain. Despite these challenges, rapeseed oil producers are exploring ways to optimize their operations and maintain compliance. For example, they are investing in advanced technologies to monitor and control the erucic acid content in their oil. By doing so, they can streamline their production process, reduce costs, and ensure the highest quality of their products. This focus on operational efficiency and regulatory compliance is essential for maintaining a competitive edge in The market.

What will be the size of the Rapeseed Oil Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleRapeseed oil, derived from the seeds of Brassica napus and Brassica rapa plants, has emerged as a significant player in the global edible oils market. This versatile oil is renowned for its neutral flavor and high smoke point, making it an ideal choice for various culinary applications. In the realm of industrial manufacturing, rapeseed oil's unique properties, such as its energy efficiency, stability improvement, and rancidity prevention, have been instrumental in its adoption. One notable trend in the market is the increasing focus on sustainability. Companies are investing in sustainable cultivation practices, such as crop management and wastewater treatment, to minimize environmental impact. For instance, rapeseed cultivation can contribute to reduced greenhouse gas emissions and improved nitrogen use efficiency compared to other oilseed crops. Moreover, byproduct utilization, including the production of biodiesel and animal feed, further enhances the economic viability of rapeseed oil production. In the context of product strategy, understanding the nutritional value and health benefits of rapeseed oil is crucial. Rich in monounsaturated and polyunsaturated fatty acids, rapeseed oil is a valuable source of essential nutrients. Its functional properties, including its ability to enhance sensory attributes and extend shelf life, add to its appeal in the food industry. Additionally, rapeseed oil's antioxidant activity contributes to food safety regulations by inhibiting lipid peroxidation. Rapeseed oil's rheological properties, including its energy efficiency and stability improvement, are essential considerations for companies focusing on process optimization and harvesting techniques. Enzymatic hydrolysis and glycerol production are crucial aspects of rapeseed oil processing, ensuring optimal oil yield and quality assurance. With these factors in mind, companies can make informed decisions regarding their rapeseed oil sourcing, production, and distribution strategies.

Unpacking the Rapeseed Oil Market Landscape

Rapeseed oil, derived from the seeds of Brassica napus and Brassica rapa plants, is a versatile vegetable oil widely used in both industrial and food sectors. Compared to other oilseeds, rapeseed boasts a lower erucic acid content, making it an ideal choice for industrial applications. In the oil extraction process, both cold pressing and expeller pressing methods are employed to maintain industrial grade quality, while screw pressing and hydraulic pressing are used for higher throughput.

The winterization process ensures oxidative stability by removing unwanted components, resulting in improved ROI through extended shelf life.

Explore insights from Market Research Intellect's Blown Rapeseed Oil Market Report, valued at USD 1.2 billion in 2024, expected to reach USD 1.8 billion by 2033 with a CAGR of 5.1% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.