Rapeseed Oil Market 2024-2028: Size and Certification challenges faced by producers; growth driven by the Distribution Channel, Some of key Companies Positioned Strategically

The rapeseed oil market size by Distribution Channel (Offline and Online) and Geography (APAC, Europe, North America, South America, and Middle East and Africa), is forecast to increase by USD 10102.6 million. The market is expected to grow at a CAGR of   4.5% between 2024 and 2028.

• Obtaining organic certification for rapeseed oil is a complex and costly process that involves extensive government proceedings and international validation. Organic certification agencies rigorously scrutinize every ingredient used and the production process to ensure compliance with organic standards. This includes detailed documentation, extensive reviews, and assessments, as well as travel expenses for certifying authorities. Companies must have a thorough understanding of the organic certification parameters to successfully navigate this process. The rapeseed oil production is subjected to stringent growing, production, and inspection procedures, adhering to organic standards set by recognized authorities, such as IOAS, ISO 65, and the USDA.
• The rapeseed oil market represents a significant business opportunity, with robust growth projected due to increasing demand for healthy cooking oils. This vegetable oil derived from rapeseed plants offers numerous health benefits and is widely used in food processing and industrial applications. Key players in this market focus on expanding production capacity to meet surging demand, particularly in Asia-Pacific and Europe. Government initiatives supporting the use of rapeseed oil as a biodiesel feedstock further boost market prospects.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Alicorp SAA
• Amazon.com Inc.
• Archer Daniels Midland Co.
• Bunge Ltd.
• Cargill Inc.
• COFCO Corp.
• Farrington Oils
• Hillfarm Oils Ltd.
• Israbar Oils & Grains
• KOYO KAIUN Co. Ltd.
• Littleseed
• Louis Dreyfus Co. BV
• Nisshin OilliO Group Ltd.
• NMGK Group
• Ola Oils
• OLVEA Vegetable Oils
• Southern Oil (PTY) Ltd.
• Viterra Inc.
• Walter Rau Neusser
• Wilmar International Ltd.

Contacts

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