Rape Seed Meal Market Trends and Forecast
The future of the global rape seed meal market looks promising with opportunities in the feed, fertilizer, sauce, food additive, and industrial chemical markets. The global rape seed meal market is expected to reach an estimated $6.8 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing demand for animal feed due to rising meat consumption worldwide, growing use of rape seeds meal in aquaculture and poultry feed for its high protein content, and expansion of biodiesel production driving availability of rape seeds meal as a by product.
• Lucintel forecasts that rape seed meal is expected to witness higher growth over the forecast period.
• Within this market, feed is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Rape Seed Meal Market
• Canada – Government promoting rape seed meal as sustainable livestock feed; companies like Viterra expanding processing capacity.
• Germany – ADM launching new formulations of rape seed meal for animal nutrition; government supporting research in renewable feed ingredients.
• China – COFCO Corporation investing in modernizing rape seed meal production facilities; government encouraging self-sufficiency in animal feed production.
• Argentina – Molinos Rio de la Plata enhancing rape seed meal exports; government initiatives to boost agricultural exports and market access.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Rape Seed Meal Market by Segment
The study includes a forecast for the global rape seed meal market by type, application, and region.
Rape Seed Meal Market by Type [Value from 2018 to 2030]:
• Rape Seed Meal
• Double-Low Rape Seed Meal
• Others
Rape Seed Meal Market by Application [Value from 2018 to 2030]:
• Feed
• Fertilizers
• Sauce
• Food Additives
• Industrial Chemicals
• Others
Rape Seed Meal Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Rape Seed Meal Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rape seed meal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rape seed meal companies profiled in this report include-
• Hubei Hongkai
• Yihaikerry
• Cofco
• Chia Tai
• Cargill
• Longda
• Jiusan
Recent Development in the Rape Seed Meal Market
• Cargill: Introduces enhanced formulations of rape seed meal for sustainable livestock feed, focusing on nutritional value and feed efficiency.
• Bunge: Expands rape seed meal processing capacity to meet growing demand in livestock and aquaculture industries, ensuring supply chain reliability.
• Wilmar International: Implements advanced technologies in rape seed meal extraction to improve yield and quality, supporting efficient feed production for animal nutrition.
• Louis Dreyfus Company: Collaborates with research institutes to innovate rape seed meal processing techniques, aiming for higher protein content and market competitiveness.
Features of the Global Rape Seed Meal Market
Market Size Estimates: Rape seed meal market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Rape seed meal market size by type, application, and region in terms of value ($B).
Regional Analysis: Rape seed meal market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the rape seed meal market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rape seed meal market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the rape seed meal market size?
Answer: The global rape seed meal market is expected to reach an estimated $6.8 billion by 2030.
Q2. What is the growth forecast for rape seed meal market?
Answer: The global rape seed meal market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the rape seed meal market?
Answer: The major drivers for this market are increasing demand for animal feed due to rising meat consumption worldwide, growing use of rape seeds meal in aquaculture and poultry feed for its high protein content and expansion of biodiesel production driving availability of rape seeds meal as a by product.
Q4. What are the major segments for rape seed meal market?
Answer: The future of the rape seed meal market looks promising with opportunities in the feed, fertilizer, sauce, food additive, and industrial chemical markets.
Q5. Who are the key rape seed meal market companies?
Answer: Some of the key rape seed meal companies are as follows:
• Hubei Hongkai
• Yihaikerry
• Cofco
• Chia Tai
• Cargill
• Longda
• Jiusan
Q6. Which rape seed meal market segment will be the largest in future?
Answer: Lucintel forecasts that rape seed meal is expected to witness higher growth over the forecast period.
Q7. In rape seed meal market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the rape seed meal market by type (rape seed meal, double-low rape seed meal, and others), application (feed, fertilizers, sauce, food additives, industrial chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Rape Seed Meal Market Market, Rape Seed Meal Market Market Size, Rape Seed Meal Market Market Growth, Rape Seed Meal Market Market Analysis, Rape Seed Meal Market Market Report, Rape Seed Meal Market Market Share, Rape Seed Meal Market Market Trends, Rape Seed Meal Market Market Forecast, Rape Seed Meal Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.