The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Processed Rapeseed Oil. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Processed Rapeseed Oil Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Processed Rapeseed Oil market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Processed Rapeseed Oil
This newly published and insightful report sheds light on Market Insights of Processed Rapeseed Oil, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Processed Rapeseed Oil Market.
- Food Service
- Food Processor
- Modern Trade
- Franchise Outlets
- Specialty Stores
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The report also profiles companies that are expected to remain active in the expansion of the global rapeseed oil market through 2022, which include
- Adani Wilmar Ltd.
- Ruchi Soya Industries Limited
- Associated British Foods plc.
- Cargill Inc.
- Archer Daniels Midland Company
- Bunge Limited
- Adams Group Inc.
- American Vegetable Oils, Inc.
- Grief Inc. (Olympic Oils Limited)
- Borges International Group S.L.U
- Marico Limited
- Fuji Oil Holdings Inc.
- Louis Dreyfus Company
- ConAgra Foods (Agrotech Foods Ltd).
Rapeseed oil is famous for its various health benefits and its awareness is spreading throughout the globe. Its use in the food industry is remarkable but it also finds applications in the cosmetic industry. The global rapeseed oil market is driven by several factors which impact the growth of the market on a global scale.
The increasing awareness of the rapeseed oil benefits with respect to health, an increase in the consumer shift from animal to vegetable products along an increase in the demand for oils and dietary fats have positively impacted the growth of the rapeseed oil market. Many are struggling to endure their cardiovascular ailments and few are also fighting cancer. Rapeseed oil is consumed by such people which helps them to reduce their ailments and promote good health.
This has driven the consumption of rapeseed oil on a large scale, especially in developing countries. Moreover, it has several health advantages such as it has a higher degree of omega 3, has very low saturated fat content, and healing abilities used to heal scars and boils. All these aspects have driven the global rapeseed oil market. Europe region shows higher market attractiveness for the rapeseed oil market and aims at preserving its dominance over other regions.
The global rapeseed oil market is poised to reach US$ 16,884.7 Mn by the end of 2022 and is anticipated to grow at a steady CAGR during the forecasted period of 2017 to 2022.
4 Forecast Highlights on Global Rapeseed Oil Market
- The global rapeseed oil market experiences a warm welcome from Europe region, as it becomes more lucrative with regards to the consumption of rapeseed oil. following Europe, the APEJ region is expected to show good growth and potential for the rapeseed oil market
- The online segment and the specialty stores segment by distribution channel are the most growing segments, however, the specialty stores segment is a step ahead in its growth path than the online segment and is poised to grow at a higher CAGR of 4.6%. The modern trade segment experiences a reduction in growth rate, however is expected to retain its first position as far as market share by revenue is concerned. But, according to the report insights, it becomes only obvious that the specialty stores segment or the online segment can grow at par with the modern trade to capture most of its revenue share by the end of 2022
- The processed segment by product type shows a higher revenue market share of more than 65% during the year 2017 and is poised to grow even higher to gain more market share as compared to the virgin segment during the forecast period. The virgin segment shows a sluggish growth rate and its further expansion would only be steady or will remain the same owing to rapid growth of the processed segment
- Food services segment by end user gains more BPS and shows a higher growth rate to reach a CAGR of 4.3% during the period of forecast of 2017 to 2022. There seems to be a tough competition between the food services and the retail segment which is also growing at a significant rate and gaining a remarkable market share by revenue, but a figure lower than the food services segment
The report has also profiled leading players in the global market for men’s wear, which would remain active through 2022. These include companies like ConAgra Foods (Agrotech Foods Ltd)., Louis Dreyfus Company, Fuji Oil Holdings Inc., Marico Limited, Borges International Group S.L.U, Grief Inc. (Olympic Oils Limited), American Vegetable Oils, Inc., Adams Group Inc., Bunge Limited, Archer Daniels Midland Company, Cargill Inc., Associated British Foods plc., Ruchi Soya Industries Limited and The Adani Wilmar Ltd.
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Key Question answered in the survey of Processed Rapeseed Oil market report:
- Sales and Demand of Processed Rapeseed Oil
- Growth of Processed Rapeseed Oil Market
- Market Analysis of Processed Rapeseed Oil
- Market Insights of Processed Rapeseed Oil
- Key Drivers Impacting the Processed Rapeseed Oil market
- Which are the Key drivers impacted by Processed Rapeseed Oil market
- Restraints Shaping Market Growth
- Market Survey of Processed Rapeseed Oil
For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html
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