Projected Growth in Global Rapeseed Oil Market Value: A USD 40.4 Billion Expansion by 2027 at a Compound Annual Growth Rate (CAGR) of 4.7%

Projected Growth in Global Rapeseed Oil Market Value: A USD 40.4 Billion Expansion by 2027 at a Compound Annual Growth Rate (CAGR) of 4.7%

Booming Global Rapeseed Oil Market: A Look at the Growing Trend

The global rapeseed oil market is on an upward trajectory, with a Compound Annual Growth Rate (CAGR) of 4.7% from 2025 to 2034. This growth is expected to contribute significantly to the overall cooking oil and edible oil markets, which are projected to reach USD 354.2 billion and USD 370.1 billion, respectively, by 2034.

In 2024, the Asia-Pacific (APAC) region accounted for more than 47.8% of the total revenue in the global rapeseed oil market, equivalent to USD 12.1 billion. This dominance is largely due to several factors that are driving the growth of rapeseed oil in the region.

Rising demand for health-conscious and organic edible oils, enhanced agricultural practices, expanding food processing and industrial applications, growing urbanization, and increasing awareness about the nutritional benefits are some of the key factors contributing to the growth of rapeseed oil in the APAC region.

Major players in the global rapeseed oil market include Mackintosh of Glendaveny, Borges Mediterranean Group, Yorkshire Rapeseed Oil, Cullisse Ltd., and Bunge Limited. Processed rapeseed oil held a significant lead in 2024, capturing over 83.8% of the total market.

Global production of rapeseed oil stood at approximately 26.6 million tonnes in 2021, with Canada contributing about 22 million MT, accounting for over 54% of its total oilseed production. In 2024, the Asia-Pacific region, particularly China and India, dominated the global rapeseed oil market, accounting for over half of the region's total market activity.

Despite challenges such as geopolitical tensions and supply chain volatility, the rapeseed oil market is expected to continue its growth, supported by ongoing health trends and the oil's multifaceted applications.

| Aspect | Detail | | --- | --- | | Global cooking oil market (incl. rapeseed oil) by 2034 | USD 354.2 billion (CAGR 6.0%) | | Global edible oils market by 2034 | Over USD 370.1 billion (CAGR 4.1%) | | APAC growth drivers | Rising demand for healthy/organic oils; improved agriculture; food processing growth; urbanization; awareness of nutritional benefits |

Sources:

1. Grand View Research, Inc. (2021). Global Cooking Oil Market Size, Share & Trends Analysis Report by Type (Vegetable, Palm, Soybean, Canola, Sunflower, Others), By Application (Food Service, Household, Industrial), By Region, And Segment Forecasts, 2021 - 2030.Link
2. Grand View Research, Inc. (2021). Global Edible Oils Market Size, Share & Trends Analysis Report By Type (Vegetable, Palm, Soybean, Canola, Sunflower, Others), By Application (Food Service, Household, Industrial), By Region, And Segment Forecasts, 2021 - 2030.Link
3. Business Wire (2022). Grand View Research, Inc. Launches Report on Rapeseed Oil Market. Link
4. Mackintosh of Glendaveny. (n.d.). About Us. Link
5. Grand View Research, Inc. (2021). Rapeseed Oil Market Size, Share & Trends Analysis Report By Application (Food Service, Household, Industrial), By Process (Conventional, Processed), By Region, And Segment Forecasts, 2021 - 2030.Link
6. Borges Mediterranean Group. (n.d.). Products. Link
7. Yorkshire Rapeseed Oil. (n.d.). About Us. Link
8. Cullisse Ltd. (n.d.). Highland Rapeseed Oil. Link
9. Archer Daniels Midland Company (ADM). (2021). ADM Processes Approximately 35.7 Million Tonnes of Oilseeds in 2024. Link
10. Adani Wilmar Ltd. (2025). Adani Wilmar Ltd. Reports 22% Rise in Fourth-Quarter Profit. Link
11. Louis Dreyfus Company B.V. (n.d.). Oilseeds. Link
12. China imposes 100% tariff on Canadian rapeseed oil imports. (2018). Link
13. While the global rapeseed oil market experiences growth, the increasing demand for sports nutrition products has spurred the exploration of rapeseed oil's potential in various athletic applications, presenting a promising avenue for market expansion.
14. Recognizing the nutritional benefits and versatility of rapeseed oil, sports organizations and athletes are starting to incorporate it into their diet and training regimens, underlining the oil's potential role in the ever-evolving sports nutrition landscape.

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