Global Rapeseed Oil Market Expected to Reach USD 55.9 Billion by 2033 – IMARC Group

Global Rapeseed Oil Market Statistics, Outlook, and Regional Analysis 2025-2033

The global rapeseed oil market size was valued at USD 37.7 Billion in 2024, and it is expected to reach USD 55.9 Billion by 2033, exhibiting a growth rate (CAGR) of 4.44% from 2025 to 2033.

As per the data published on the website of the IMARC Group, the global paints and coatings market size reached USD 185.6 Billion in 2024. By broadening its use beyond conventional food and fuel sectors, industrial applications are driving the market for rapeseed oil. Rapeseed oil is valued in industries like cosmetics, pharmaceuticals, and manufacturing due to its versatile chemical composition. It is also widely used as a natural emollient in moisturizers and hair care products because of the growing demand for plant-based and sustainable ingredients. The pharmaceutical industry utilizes rapeseed oil in formulations for its stability and bioavailability, particularly in topical and oral drug delivery systems. Furthermore, rapeseed oil is employed as a biodegradable lubricant and a base for paints and coatings, aligning with the shift toward eco-friendly industrial products.

The data published on the website of the IMARC Group shows that the global biodiesel market size reached USD 46.1 Billion in 2024. Due to the growing global emphasis on renewable energy and reducing carbon emissions, demand for rapeseed oil is on the rise. Prized for its high oil content and favorable chemical properties, rapeseed oil is a key feedstock for biodiesel production. Governing agencies across the globe are implementing renewable energy policies and blending mandates, where biodiesel plays a critical role in meeting emission reduction targets. Sustainable transportation fuels the biodiesel consumption, which directly influences the market for rapeseed oil. To comply with stringent environmental regulations, the automotive and industrial sectors are transitioning to biofuels. As a result, it is catalyzing the demand for rapeseed oil-based biodiesel that is an eco-friendly and sustainable alternative to the traditional fuels.

Global Rapeseed Oil Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounts for the largest market share due to rising consumption, expanding food processing industries, and increasing awareness about the health benefits of rapeseed oil.

Asia-Pacific Rapeseed Oil Market Trends:

Because of its large population base, rising awareness about the health benefits, and diverse culinary traditions, Asia Pacific leads the market. Major contributors include nations like China, India, and Japan are key markets, where it is a staple in many households for cooking. The market is further driven by the growing shift to rapeseed oil that is a healthier alternative to the traditional oils in the region. The market’s potential for expansion in this area is enhanced by the it’s rising use in snacks and baked goods. The region’s biofuel industry is further stimulating demand, as rapeseed oil is a key ingredient in biodiesel production. The growing use of rapeseed oil in cosmetic products, particularly in the Southeast Asia region is offering a favorable market outlook. IMARC Group’s report predicts that the Southeast Asia cosmetics market will exhibit a growth rate (CAGR) of 4.25% during ​2024-2032​.

North America Rapeseed Oil Market Trends:

Due to the demand from food processing and biofuel sector, North America accounts for a sizeable portion of the market. Influenced by its nutritional benefits like high unsaturated fats and rich omega-5 fatty acids, consumer preference in the region is shifting to plant-based oils. Owing to established production units, Canda and the United States are the major contributors.

Europe Rapeseed Oil Market Trends:

The market for rapeseed oil in Europe is distinguished by its role in biodiesel production and food application. To increase rapeseed yield, major contributor nations like Germany, France, and the United Kingdom are adopting advanced farming practices. The region’s standing is further strengthened by European Union’s renewable energy directive to reduce carbon footprint.

Latin America Rapeseed Oil Market Trends:

The growing health awareness among masses and the diversification of cooking oils is what propels the market for rapeseed oil in Latin America. Brazil and Argentina dominate the regional market because of the substantial demand generated by its sizeable, processed food and beverage (F&B) industry. Market expansion is also aided by its growing utilization in the biodiesel sector, particularly in countries investing in renewable energy initiatives.

Middle East and Africa Rapeseed Oil Market Trends:

Due to rapid urbanization and evolving dietary patterns coupled with rising demand in industrial applications, the market for rapeseed oil is expanding gradually across the Middle East and Africa region. Its affordability compared to other oils like olive oil makes it an attractive option for household use in the region. The growing food industry is adopting rapeseed oil for processed foods and bakery products, which is impelling the market growth.

Top Companies Leading in the Rapeseed Oil Industry

Some of the leading rapeseed oil market companies include Archer-Daniels-Midland Company, Bunge Limited, Cargill Incorporated, Conagra Brands Inc., Cullise Ltd., Interfat SA, Louis Dreyfus Company B.V., Mackintosh of Glendaveny, Ola Oils Limited, and Yorkshire Rapeseed Oil, among many others. In July 2024, Yorkshire Rapeseed Oil launched Lemon & Caper Dressing to support the HOPING charity, addressing food poverty through meal funding. These dressings are made from cold-pressed extra-virgin rapeseed oil, ensuring premium quality and taste.

Global Rapeseed Oil Market Segmentation Coverage

• On the basis of the type, the market has been bifurcated into processed and virgin, wherein processed represent the leading segment. Processed oil is versatile and offers a longer shelf life, which is why it leads the market share. It is suitable for diverse application like cooking, baking, and frying as the processing removes impurities form oil. It is extensively employed in the packaged food and convenience food products, adding taste and texture.
• Based on the nature, the market has been classified into organic and conventional, amongst which conventional dominates the market. Conventional oil is easily available compared to organic alternative due to which it leads the market share. It also meets the demand for price sensitive oil, particularly in the developing regions. Owing to its affordability conventional oil is preferred in industrial application like biodiesel and lubricants.
• On the basis of the distribution channel, the market has been divided into supermarkets and hypermarkets, online stores, specialty stores, retail stores, and others. Among these, supermarkets and hypermarkets account for the majority of the market share. Offering extensive product range and competitive pricing, supermarkets and hypermarkets dominate the market. Catering to a wide customer base, these retail outlets provide convenience to multi-brands suiting varying needs. They are a preferred choice among household because of their ability to supply fresh stock with added promotional discounts.
• Based on the application, the market is segregated into food processing, bio-fuel, cosmetics and personal care, and others, where food processing dominates the market. Due to high nutrient profile of rapeseed oil, it is extensively use in the food processing, making it the largest segment. It is ideal for making baked goods owing to its neutral flavor and high smoke point coupled with its ability to extend shelf life of food items. Its low saturated fats and rich omega-3 fatty acids content align with consumer demand for healthier food options.