Rapeseed fell to 475.77 EUR/T on August 22, 2025, down 0.31% from the previous day. Over the past month, Rapeseed's price has fallen 0.15%, but it is still 5.08% higher than a year ago, 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%

The global Rapeseed Oil market stood at approximately 33134 thousand tonnes in 2024 and is anticipated to grow at a CAGR of 3% during the forecast period until 2035.

Explore the growth potential of Market Research Intellect's Rapeseed Oil Market Report, valued at USD 24.5 billion in 2024, with a forecasted market size of USD 35.2 billion by 2033, growing at a CAGR of 4.8% from 2026 to 2033.

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

The forecast for the global Rapeseed Oil market predicts substantial growth, with market size projected to soar to USD 51.63 Billion by 2033, a significant increase from the USD 30.92 Billion recorded in 2024. This expansion reflects an impressive compound annual growth rate (CAGR) of 5.86% anticipated between 2025 and 2033.

The Global Rapeseed Oil market size to cross USD 51.63 Billion by 2033.

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.

Refined Rapeseed Oil Market Outlook

The global refined rapeseed oil market size was valued at approximately $X billion in 2023 and is projected to reach around $X billion by 2032, growing at a compound annual growth rate (CAGR) of Y% during the forecast period. The market's growth is propelled by increasing consumer awareness regarding the health benefits of rapeseed oil, which is rich in omega-3 and omega-6 fatty acids, and its versatile applications in food and industrial sectors.

One of the primary growth factors for the refined rapeseed oil market is the escalating demand for healthier cooking oil alternatives. As consumers become more health-conscious, there is a significant shift towards oils that offer superior nutritional benefits. Rapeseed oil, known for its low saturated fat content and high levels of polyunsaturated fats, fits perfectly into this trend. The oil's role in reducing bad cholesterol and improving heart health has been widely documented, further fueling its adoption in households and commercial food preparations globally.

Another key driver of market growth is the expanding application of rapeseed oil in the biofuel industry. With the global push towards sustainable and renewable energy sources, rapeseed oil is increasingly being used as a feedstock for biodiesel production. The European Union, for instance, has set ambitious targets for renewable energy, which includes significant contributions from biofuels. This regulatory environment, coupled with the rising crude oil prices, is encouraging the adoption of rapeseed oil in the energy sector, thereby driving market expansion.

The industrial applications of refined rapeseed oil also play a pivotal role in its market growth. The oil is used in the production of lubricants, polymers, and other industrial products due to its advantageous properties, such as high oxidative stability and biodegradability. This makes rapeseed oil a preferred choice over traditional petroleum-based products, aligning with the global trend towards environmentally friendly materials. The growing industrial demand, particularly in emerging economies, is expected to significantly boost the market over the forecast period.

Refined Rice Bran Oil is gaining popularity as a healthier alternative in the edible oil market. Known for its high smoke point and mild flavor, it is ideal for a variety of cooking methods, including frying and baking. This oil is rich in antioxidants, such as oryzanol, which contribute to its heart-healthy properties by helping to lower cholesterol levels. As consumers become more health-conscious, the demand for refined rice bran oil is expected to rise, particularly in regions where rice is a staple food. Its versatility and nutritional benefits make it a preferred choice for both household and commercial kitchens, aligning well with the global trend towards healthier eating habits.

Regionally, Europe dominates the refined rapeseed oil market due to its well-established food and biofuel industries. The region's stringent regulatory framework supporting the use of renewable energy sources and health-conscious food regulations contribute to high consumption levels. North America and Asia Pacific are also expected to witness substantial growth, driven by rising health awareness and expanding industrial applications. Increasing disposable incomes and urbanization in these regions further enhance market potential, making them key areas for future investment and development.

Product Type Analysis

The refined rapeseed oil market is segmented into three main product types: Cold-Pressed, Expeller-Pressed, and Solvent-Extracted. Cold-pressed rapeseed oil is extracted mechanically without the use of heat, preserving the oil's natural flavor and nutritional properties. This method is highly favored by health-conscious consumers and gourmet chefs who prioritize quality and taste. The demand for cold-pressed rapeseed oil is growing steadily, driven by the increasing trend towards organic and minimally processed foods.

Expeller-pressed rapeseed oil, on the other hand, involves pressing the rapeseed at slightly higher temperatures than cold-pressing. This method yields more oil but retains significant nutritional benefits. The balance between efficiency and quality makes expeller-pressed oil a popular choice among both household users and the food industry. This segment is expected to witness substantial growth due to its cos

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.

Global Rapeseed Oil market size is expected to reach $34.15 billion by 2029 at 5.5%, growing biodiesel demand fuels expansion in rapeseed oil market

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

High Erucic Acid Rapeseed Oil Market Outlook

The global high erucic acid rapeseed oil market size was estimated to be around USD 800 million in 2023 and is projected to reach approximately USD 1.2 billion by 2032, growing at a CAGR of 4.5% during the forecast period. The increasing demand for high erucic acid rapeseed oil, driven by its wide range of applications in the food industry, chemical industry, and personal care sector, is a major growth factor for this market.

One of the primary growth factors for the high erucic acid rapeseed oil market is its extensive use in the food industry. High erucic acid rapeseed oil is utilized as a critical ingredient in numerous food products due to its stability and high-temperature tolerance, which makes it ideal for frying and baking. The rising awareness about the benefits of using high erucic acid rapeseed oil, such as its potential to improve heart health and its nutritional profile, is further boosting its demand in the food industry. Additionally, the ongoing trend towards healthier cooking oils is encouraging consumers and food manufacturers to adopt high erucic acid rapeseed oil, thereby driving market growth.

Another significant growth factor is the increasing application of high erucic acid rapeseed oil in the chemical industry. This type of oil serves as a crucial raw material in the production of erucamide and behenamide, which are widely used as slip agents and anti-blocking agents in the plastic industry. The growing demand for high-performance plastics in various industries, such as automotive, packaging, and consumer goods, is fueling the need for high erucic acid rapeseed oil. Furthermore, the oil is also utilized in the manufacturing of lubricants, surfactants, and adhesives, which are essential components in numerous industrial processes, thereby contributing to the market's growth.

The personal care and pharmaceutical industries are also contributing significantly to the growth of the high erucic acid rapeseed oil market. In the personal care sector, the oil is used in the formulation of skincare and haircare products due to its emollient properties and ability to improve skin barrier function. The rising consumer preference for natural and organic personal care products is driving the demand for high erucic acid rapeseed oil. Similarly, in the pharmaceutical industry, the oil is used in the production of medicinal formulations and dietary supplements, owing to its therapeutic properties. The growing awareness about the health benefits of high erucic acid rapeseed oil is encouraging pharmaceutical companies to incorporate it into their products, thereby supporting market growth.

High Oleic Canola Oil is gaining attention as a healthier alternative in the food industry due to its beneficial fatty acid composition. Unlike traditional oils, High Oleic Canola Oil is rich in monounsaturated fats, which are known to support cardiovascular health. This oil is particularly valued for its high stability and resistance to oxidation, making it ideal for high-temperature cooking methods such as frying and baking. Its neutral flavor profile also makes it a versatile ingredient in a variety of culinary applications, from salad dressings to baked goods. As consumers become more health-conscious, the demand for High Oleic Canola Oil is expected to rise, further driving its market growth in the coming years.

Regionally, the high erucic acid rapeseed oil market is witnessing significant growth in Europe, particularly in countries such as Germany, France, and the United Kingdom. The well-established food and chemical industries in these countries are major factors driving the demand for high erucic acid rapeseed oil. Additionally, the increasing focus on sustainable and eco-friendly industrial practices is encouraging the adoption of bio-based raw materials like high erucic acid rapeseed oil. North America is also experiencing notable growth, driven by the rising demand for natural ingredients in personal care products and the growing use of high erucic acid rapeseed oil in the food industry. The Asia Pacific region is expected to exhibit the highest growth rate, owing to the expanding food processing and personal care sectors in countries like China and India.

Product Type Analysis

The high erucic acid rapeseed oil market can be segmented into food grade and industrial grade products. Each of these product types serves distinct applications that cater to different industry requirements. Food grade

North America Rapeseed Oil Market was valued at USD 37 Billion in 2022 due to its affordability and versatility as cooking oil.

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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 size of the Rapeseed Oil Market was valued at USD 54.3 million in 2023 and is projected to reach USD 81.11 million by 2032, with an expected CAGR of 5.9 % during the forecast period. The rapeseed oil market is a key segment in the global vegetable oil industry, driven by demand across food, biodiesel, and industrial sectors. Extracted from the seeds of the Brassica napus plant, rapeseed oil is valued for its high levels of monounsaturated fats, omega-3, and omega-6 fatty acids, making it a popular choice in food processing and culinary applications. As consumers seek healthier dietary fats, the demand for rapeseed oil continues to grow. The oil’s versatility and stability under high heat make it suitable for frying, baking, and margarine production, positioning it as a staple in both domestic and industrial kitchens. Additionally, rapeseed oil has a significant role in the biofuel sector, particularly in Europe, where it is widely used as biodiesel. Government policies promoting renewable energy have stimulated this demand, with rapeseed oil often used as a substitute for petroleum-based fuels. Although this demand supports the industry, it also raises concerns about the impact on food security and pricing, as biofuel production competes with food uses for raw materials.

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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