Asia Pacific Rapeseed Oil Market

Asia Pacific Rapeseed Oil Market Size

Asia Pacific Rapeseed Oil Market size was expected to be worth USD 9.06 billion in 2024, and is anticipated to be worth USD 14.60 billion by 2033, from USD 9.55 billion in 2025, growing at a CAGR of 5.45% during the forecast period. Rapeseed Oil is extracted from rapeseed plants. It is an edible vegetable oil with exceptional health and nutritional benefits. It is the world’s third-largest source of vegetable oil.

Apart from producing vegetable oil, it is also used to produce biodiesel and animal feed. The oil contains high protein content, next only to the soy bean oil. It contains the lowest saturated fat of all vegetable oils and Vitamin E also. Rapeseed oil finds its applications in many fields such as food processing and cosmetics and personal care products manufacturing. It is also used as a bio diesel as an alternative to fossil fuel diesel.

Market Drivers 

Increasing prevalence of cardio vascular diseases resulted in need for products with low cholesterol content. Increase in demand for edible oils which contain low amount of saturated fatty acids is majorly expected to drive the rapeseed oil market. Changing life styles of consumers, increase in demand for nutritional foods and rising demand for healthy food are also expected to boost the rapeseed oil market.

Market Restraints

However, lack of minerals and availability of other highly produced alternatives such as soy and palm oils are expected to hinder the market growth.

Segmental Analysis

Asia Pacific Rapeseed Oil Market By Extraction Process

• Aqueous process
• Enzyme based process

Aqueous process holds the largest market share as its cost effectiveness and other advantages. Enzyme based process is expected to be the fastest growing segment as it increases the yield many times compared to the aqueous process.

Asia Pacific Rapeseed Oil Market By Application

• Food Processing
• Bio-Fuel
• Cosmetics
• Personal care Products
• Others

Food processing holds the largest market share as rapeseed oil contains high amount of unsaturated fatty acids resulting in low cholesterol. Food processing segment is again categorized into vegetable recipes, Oil Cake, Meat Recipes and Others. Cosmetics and Personal care products is also again categorized into Creams, Lotions, Oils and Others.

Asia Pacific Rapeseed Oil Market By Region

• China
• India
• Japan
• Australia
• South Korea

Asia Pacific is the fastest growing market due to the large consumer base with China and India being the largest populated countries in the world.

Key Players in the Market

Some of the major players in this region are ConAgra Foods Inc, Cargill Incorporated, Mackintosh of Glendaveny, Ola Oils, Folba Oil Limited SDN, Bunge Limited, Marico Limited, Louis Dreyfus Company, Yorkshire Rapeseed Oil, Pacific Coast Canola, and The Archer Daniels Midland Company.