Rapeseed Seeds Market Trends and Forecast
The future of the global rapeseed seeds market looks promising with opportunities in the planting and research markets. The global rapeseed seeds market is expected to grow with a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are increasing use of rapeseed oil in the biodiesel production, growing demand for nutritious cooking oils & food products, and rising use in industrial lubricants & bio-based products.
• Lucintel forecasts that industrial rapeseed is expected to witness higher growth over the forecast period.
• Within this market, planting is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Rapeseed Seeds Market
• Canada: Canola growers in Canada have set targets to increase rapeseed production to meet growing global demand, supported by government subsidies for sustainable agriculture practices.
• Germany: Bayer Crop Science announced initiatives to develop drought-resistant rapeseed varieties, aiming to enhance crop resilience and productivity in German farms.
• China: Chinese seed companies are focusing on improving rapeseed seed quality through advanced breeding techniques to boost yield and oil content, aligned with government goals for agricultural self-sufficiency.
• Australia: Australian rapeseed growers are exploring new markets in Asia, supported by government trade initiatives to promote exports of high-quality rapeseed seeds.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Rapeseed Seeds Market by Segment
The study includes a forecast for the global rapeseed seeds market by type, application, and region.
Rapeseed Seeds Market by Type [Value from 2018 to 2030]:
• Industrial Rapeseed
• Vegetable Rapeseed
Rapeseed Seeds Market by Application [Value from 2018 to 2030]:
• Planting
• Research
• Others
Rapeseed Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Rapeseed Seeds 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 rapeseed seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rapeseed seeds companies profiled in this report include-
• Advanta Seeds
• Monsanto
• KWS
• Nufarm
• Dupont Pioneer
• Chromatin
• Dyna-Gro Seed
• Proline
• Heritage Seeds
• Allied Seed
Recent Development in the Rapeseed Seeds Market
• Syngenta: Syngenta has introduced new hybrid rapeseed varieties with improved disease resistance and higher oil yield, targeting European and Asian markets.
• Monsanto: Monsanto has developed herbicide-tolerant rapeseed seeds, offering farmers effective weed control solutions and enhancing crop management efficiency.
• DuPont Pioneer: DuPont Pioneer has expanded its portfolio with genetically modified rapeseed varieties, addressing pest resistance and environmental sustainability concerns.
• Australian Grain Technologies: Australian Grain Technologies has partnered with local farmers to promote sustainable rapeseed farming practices, focusing on soil health and water conservation initiatives.
Features of the Global Rapeseed Seeds Market
Market Size Estimates: Rapeseed seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Rapeseed seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Rapeseed seeds 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 rapeseed seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rapeseed seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for rapeseed seeds market?
Answer: The global rapeseed seeds market is expected to grow with a CAGR of 3.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the rapeseed seeds market?
Answer: The major drivers for this market are increasing use of rapeseed oil in the biodiesel production, growing demand for nutritious cooking oils & food products, and rising use in industrial lubricants & bio-based products.
Q3. What are the major segments for rapeseed seeds market?
Answer: The future of the rapeseed seeds market looks promising with opportunities in the planting and research markets.
Q4. Who are the key rapeseed seeds market companies?
Answer: Some of the key rapeseed seeds companies are as follows:
• Advanta Seeds
• Monsanto
• KWS
• Nufarm
• Dupont Pioneer
• Chromatin
• Dyna-Gro Seed
• Proline
• Heritage Seeds
• Allied Seed
Q5. Which rapeseed seeds market segment will be the largest in future?
Answer: Lucintel forecasts that industrial rapeseed is expected to witness higher growth over the forecast period.
Q6. In rapeseed seeds 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.
Q7. 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 rapeseed seeds market by type (industrial rapeseed and vegetable rapeseed), application (planting, research, 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 Rapeseed Seeds Market Market, Rapeseed Seeds Market Market Size, Rapeseed Seeds Market Market Growth, Rapeseed Seeds Market Market Analysis, Rapeseed Seeds Market Market Report, Rapeseed Seeds Market Market Share, Rapeseed Seeds Market Market Trends, Rapeseed Seeds Market Market Forecast, Rapeseed Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.