Global Rapeseed Oil Market is segmented, By Application, into Biodiesel, Food, Feed,
Others (Personal Care Products, etc). Rapeseed is an optimistic yellow
highlight plant that is found all over the world. The plant is known to be used
as a vegetable in Southern Africa and China. Rape crop is mostly cultured for
its oil rich seeds and known to be the third main source of vegetable oil in
the world. It is also sophisticated for the other benefits that are
inclusive of large quantity of biomass, recovers soil tilth, and overpowers weed.
Rapeseed oil is used for numerous applications such as manufacture of
biodiesel, vegetable oil in food applications, and feed for animals among
others.
The rapeseed plant is extensively educated across the globe
for its oil-rich seeds that add to several health benefits. Changing consumer
food habits, cumulative health consciousness, and taste preferences have driven
the market demand and production of rapeseed oil globally. Rapeseed oil has
been proven to be the fittest oil that has contributed to the increasing demand
for rapeseed oil market.
Rapeseed oil has a
widespread application in food industry followed by personal care products
owing to its nutritional assistances. Rapeseed oil market is foreseeable to
witness a significant development during the forecast period owing to the
altering consumer usage of vegetable oils.
The nutritional aids such as low soaked fat content, Vitamin
E, high content of unsaturated fat, and antioxidants is predictable to majorly
drive the rapeseed market in the years to come. Apart from food industry,
rapeseed oil has a major application in the personal care products such as
oils, cream, and lotions. The presence of Vitamin E and antioxidants in
cosmetic products helps in plunging scar tissues, repairs injured hair, repairs
skin circumstances such as itching, eczema, and acnes; thus promoting a healthy
skin. Rapeseed oil is also used a juggernaut oil that can be applied topically.
Food was the leading application of rapeseed oil in 2014, accounting for more
than high of market revenue.
Biodiesel accounted to be the second main application of
rapeseed oil in 2014; which is expected to gain strong foothold in the years to
come. Rapeseed Oil Market is segmented, By End Users into Food Processing,
(Vegetable Recipes, Oil Cake, Meat Recipes, Others), Cosmetic and Personal Care
Products (Creams, Lotions, Oils (Hair / Body), Others), Biodiesel, Others.
Rapeseed Oil Market is segmented, By Geographical Region into North America
(U.S. and Canada), Latin America (Mexico, Brazil, Peru, Chile, and others),
Western Europe (Germany, England, France, Spain, Italy, Nordic countries,
Belgium, The Netherlands, and Luxembourg), Eastern Europe (Poland and Russia),
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand), Middle
East, and Africa (GCC, Southern Africa, and North Africa).
The geographical coverage for the rapeseed oil market
comprises North America, Latin America, Europe, Asia pacific and China (APAC)
and Middle East and Africa (MEA). Europe is at the forefront with respect to
the production of rapeseed oil. England is the third-largest cultivator of rape
seed. India and China are expected to be the chief consumers of rape seed in
the years to come. Key players in the rapeseed oil industry include ConAgra
Foods Inc., Yorkshire Rapeseed Oil, HELMIKE PLC, ADM and others.
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