Table of Contents
Overview
The global rapeseed oil market is projected to reach approximately USD 40.4 billion by 2034, rising from USD 25.5 billion in 2024, at a compound annual growth rate (CAGR) of 4.7% during the forecast period from 2025 to 2034. In 2024, the Asia-Pacific region led the global market, accounting for more than 47.8% of total revenue, equivalent to USD 12.1 billion. This regional dominance is largely driven by high consumption and production in China and India, which together contribute to over half of Asia-Pacific’s total market activity.
Globally, the rapeseed oil industry benefits from consistent production and its versatility as both a food and industrial resource. In 2021, global production stood at approximately 26.6 million tonnes, with Canada, Germany, and China jointly producing around 43% of the total. By the 2024–2025 period, global production volumes had expanded significantly, reaching an estimated 89.8 million metric tonnes. Canada alone contributed about 22 million MT, accounting for over 54% of its total oilseed production. Rapeseed remains the third most important oilseed crop worldwide by volume, supplying nearly 13% of all vegetable oil consumed globally.
In terms of product type, processed rapeseed oil held a significant lead in 2024, capturing over 83.8% of the total market. Its popularity stems from attributes such as extended shelf life, neutral taste, and superior refinement, making it suitable for large-scale food and non-food applications—including biodiesel, lubricants, and personal care products. Additionally, conventional rapeseed oil dominated the production method segment, securing 82.9% of the market in 2024.
From an end-user perspective, the food service segment accounted for 39.6% of the global market in 2024. Commercial kitchens in quick-service restaurants, hotels, and catering services continue to favor rapeseed oil for its light flavor, high smoke point, and perceived health benefits. Meanwhile, supermarkets and hypermarkets led the distribution channel segment, capturing a 44.9% market share.
Key Takeaways
- Rapeseed Oil Market size is expected to be worth around USD 40.4 Billion by 2034, from USD 25.5 Billion in 2024, growing at a CAGR of 4.7%
- Processed held a dominant market position, capturing more than an 83.8% share of the global rapeseed oil market.
- Conventional held a dominant market position, capturing more than an 82.9% share of the global rapeseed oil market.
- Food Service held a dominant market position, capturing more than a 39.6% share of the global rapeseed oil market.
- Supermarkets and Hypermarkets held a dominant market position, capturing more than a 44.9% share of the global rapeseed oil market.
- Asia-Pacific region commanded a commanding 47.8% share, equivalent to around USD 12.1 billion
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Report Scope
| Market Value (2024) | USD 25.5 Billion |
| Forecast Revenue (2034) | USD 40.4 Billion |
| CAGR (2025-2034) | 4.7% |
| Segments Covered | By Product Type (Processed, Virgin), By Nature (Organic, Conventional), By End-use (Food Service, Food Processor, Retail, Others), By Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Specialty Stores, Retail Stores, Others) |
| Competitive Landscape | Adani Wilmar Ltd., Archer Daniels Midland (ADM), Borges Mediterranean Group, Bunge Limited, Cargill Incorporated, Cullise Ltd., Interfat SA, Louis Dreyfus Company B.V., Mackintosh of Glendaveny, Yorkshire Rapeseed Oil |
Key Market Segments
By Product Type
- Processed
- Virgin
By Nature
- Organic
- Conventional
By End-use
- Food Service
- Food Processor
- Retail
- Others
By Distribution Channel
- Supermarkets and Hypermarkets
- Online Stores
- Specialty Stores
- Retail Stores
- Others
Regional Analysis
In 2024, the Asia-Pacific (APAC) region dominated the global rapeseed oil market, capturing a substantial 47.8% share, which translates to an estimated market value of USD 12.1 billion. This leading position is primarily supported by the significant contributions of China and India, which together account for over 50% of the region’s total consumption and production volumes.
China stands as the largest consumer of rapeseed oil in APAC, utilizing it extensively in everyday cooking and food preparation. Meanwhile, India is steadily increasing its domestic production and processing capabilities to address rising consumption needs, reinforcing the region’s dominance in the global rapeseed oil landscape.
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Recent Developments
Adani Wilmar Ltd., now operating as AWL Agri Business, reported a nearly 22% rise in fourth-quarter profit in April 2025, driven by higher demand in its core edible oils segment. The company anticipates improved performance in Q1 FY25, with increased availability of rapeseed oil meal for exports due to the new mustard season. The edible oil segment has shown consistent growth, with a 10% increase in the current year.
In 2024, ADM processed approximately 35.7 million tonnes of oilseeds, including canola and rapeseed, through its global network of more than 270 plants and 420 crop procurement facilities. This underscores its expansive operational capacity in rapeseed oil crushing, refining, and distribution.
Borges Mediterranean Group offers refined rapeseed oil prepared for sale as an ingredient in the food industry, ensuring maximum quality guarantees. The company continues to develop and expand its range of products to adapt to changes in lifestyle, offering alternatives that contribute to the health and well-being of consumers.
Bunge Limited is a global leader in oil and fat ingredients, supplying a full range of soft seed and tropical oils solutions to food manufacturers, bakeries, retail, and food service operators. Their products are used in a wide range of applications, from confectionery and bakery to infant nutrition and plant-based foods.
Cullisse Ltd. produces multi-award-winning Highland Rapeseed Oil products, which are gently cold-pressed from seed grown at Cullisse in the Highlands of Scotland. Their products are produced in SALSA-accredited premises on the farm, ensuring high-quality standards.
Louis Dreyfus Company B.V. processes and merchandizes a full range of oilseeds, including rapeseed and canola. They are involved in approximately 11% of global oilseed flows, highlighting their significant role in the global rapeseed oil market.
Mackintosh of Glendaveny is known for producing premium Scottish rapeseed oil. Their products are crafted with care, offering high-quality oil options for consumers seeking authentic Scottish produce.
Yorkshire Rapeseed Oil produces cold-pressed rapeseed oil from crops grown in the Yorkshire region. Their oils are known for their quality and are used in various culinary applications, contributing to the local agricultural economy.
Key Players Analysis
- Adani Wilmar Ltd.
- Archer Daniels Midland (ADM)
- Borges Mediterranean Group
- Bunge Limited
- Cargill Incorporated
- Cullise Ltd.
- Interfat SA
- Louis Dreyfus Company B.V.
- Mackintosh of Glendaveny
- Yorkshire Rapeseed Oil
Conclusion
Additionally, its versatility in cooking and food processing further bolsters its demand. The Asia-Pacific region, particularly China and India, remains the largest consumer of rapeseed oil, accounting for a significant share of the global market .
However, recent geopolitical tensions, such as China’s imposition of a 100% tariff on Canadian rapeseed oil imports, have introduced volatility into the supply chain, potentially affecting future market dynamics . Despite these challenges, the rapeseed oil market is expected to continue its upward trajectory, supported by ongoing health trends and the oil’s multifaceted applications.
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