Global Rapeseed Meal Market Size, Share, Opportunities, And Trends By Product Type (Conventional Rapeseed Meal, Genetically Modified (GMO) Rapeseed Meal), By Application (Animal Feed, Aquafeed, Pet Food), By End-User (Livestock Farming, Poultry Farming, Dairy Farming, Aquaculture), And By Geography - Forecasts From 2024 To 2029

  • Published : Jan 2024
  • Report Code : KSI061616452
  • Pages : 146

The rapeseed meal market is projected to show steady growth during the forecast period.

Rapeseed is an annual winter/spring crop that is part of the Brassica family. It is also called rape and oilseed rape and is related to cabbage, mustard, broccoli, turnip, and cauliflower. Rapeseed is similar to that of canola, due to it being from the same oilseed group of the Brassicaceae family, but that group can be divided into two types, which include industrial rapeseed and canola.  At present, rapeseed, or industrial rapeseed, refers to any rapeseed that has a high content value (around 45%) of erucic acid in the oil, whereas canola is characterized by a low amount of erucic acid, which is less than 2%. The main products of rapeseed include rapeseed oil, which is used in cooking, lighting, and industrial uses, and rapeseed meal, which is widely used for feeding all classes of livestock. The other uses of rapeseed include industrial uses, such as lubricants, plastics, and hydraulic fluids. The oil that is produced from rapeseed for high heat stability in industrial machinery is called high-erucic-acid rapeseed (HEAR) oil, due to erucamide. Erucamide is one of the major players in the plastic film manufacturing industries and has been commonly used for the production of items like bread wrappers and garbage bags.

Introduction:

Rapeseed meal is also known as Canola meal in North America, Australia, and some other countries. Rapeseed meal is a by-product that is produced through the extraction of oil from rapeseed. It is known to be rich in protein and is widely used as feed for all types of livestock. Rapeseed meal production contains several processes to it, which include:

  • Solvent-extracted rapeseed meal: Rapeseeds, when extracted by crushing and using the solvent extraction process, contain around 40-45% oil and yield 55%-60% oil meal. The process includes seed cleaning, seed pre-conditioning, rolling and flaking, seed cooking and pressing to mechanically remove a portion of the oil, solvent extraction (hexane) to remove the remainder of the oil, desolventizing, and toasting.
  • Expeller or cold-extracted rapeseed meal: expeller rapeseed meal is created from the extraction of seeds that had been previously conditioned by heat treatment, whereas cold-extracted press cake is created by pressing the seeds at low temperatures of up to 60C.

Market Drivers:

Increase in demand for animal feed: Rapeseed meal is a widely used material/ food for feeding livestock, due to its abundant source of protein. There has been an increase in demand for animal protein which includes livestock, dairy, and fish. The factor that increases the demand for animal protein is the growth of production, especially in developing regions. As per the International Feed Industry Federation, global feed manufacturing generates an estimated amount of US$400 billion every year, with the production of animal protein expected to increase by 1.7% every year from 2010 through 2050. As the demand and production of animal proteins are expected to grow, it will provide the necessary boost and contribute to the rapeseed meal market growth during the forecasted period.

Key Players:

  • ADM (Archer Daniels Midland): An American multinational company that is known to be a leader in food processing and commodities trading markets. They also provide a variety of rapeseed meal products and are a major player in the rapeseed meal market.
  • Cargill Incorporated: An American multinational company that is known for providing food, ingredients agricultural solutions, and industrial products, that help and benefit life. They are also one of the leading producers of grains and oilseeds, which include wheat, corn, rapeseed, soybean, barley, and sorghum, and produces derivatives of rapeseed and soybean as well, which include rapeseed meal and soybean meal.
  • COFCO International: A Chinese multinational company that is known for its agri-business and is also one of the largest food and agricultural companies, with more than 11,000 people across 37 countries worldwide. As of 2021, COFCO international had accounted for 130 million tonnes of related commodities.  COFCO also engages in the processing, warehousing, trading, and distribution of soybeans, rapeseeds, groundnuts, and palm products, with their own branded edible oil known as Fortune.

Regional Analysis:

The European region is expected to witness significant growth in the rapeseed meal market during the forecasted period of 2024-2029. The factors that affect the growth in this region are the increasing production and imports of rapeseed in Europe. Oilseeds are commonly used for the production of oils for food or biofuel use and animal feed. As per the European Commission, the EU produces 30 million tonnes of oilseeds per year and is the traditional net importer as well. These oilseeds include rapeseed, sunflower seeds, soybeans, and linseed. As of 2023, the gross production of rapeseed amounted to 19,823,000 tonnes, when compared to 17,072,000 tonnes in 2021. Also, the import of rapeseed has accounted for 5,300,000 tonnes, which is an increase of 200,000 tonnes from the European Union alone. This increase in rapeseed production and import will contribute to the rapeseed meal market growth as well.

Market Developments:

  • November 2022: Royal DSM announced the launch of a complete plant-protein product that is free from major allergens and contains high-quality canola protein isolate, dubbed Vertis CanolaPRO.  This product makes use of canola seeds, also known as rapeseeds, which are the only source of complete protein and include nine essential amino acids that are essential for good health. This product will also allow food and beverage producers to develop plant-based products that offer complete protein-based products that are free of any major allergens.

Segmentation:

  • By Product Type:
    • Conventional Rapeseed Meal
    • Genetically Modified (GMO) Rapeseed Meal
  • By Application:
    • Animal Feed
    • Aquafeed
    • Pet Food
  • By End-User:
    • Livestock Farming
    • Poultry Farming
    • Dairy Farming
    • Aquaculture
  • By Geography:
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL RAPESEED MEAL MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Conventional Rapeseed Meal

5.3. Genetically Modified (GMO) Rapeseed Meal

6. GLOBAL RAPESEED MEAL MARKET BY APPLICATION

6.1. Introduction

6.2. Animal Feed

6.3. Aquafeed

6.4. Pet Food

7. GLOBAL RAPESEED MEAL MARKET BY END-USER

7.1. Introduction

7.2. Livestock Farming

7.3. Poultry Farming

7.4. Dairy Farming

7.5. Aquaculture

8. GLOBAL RAPESEED MEAL MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. COFCO International

10.2. Cargill, Incorporated

10.3. Bunge

10.4. Wilmar International

10.5. ADM (Archer Daniels Midland)

10.6. Viterra

10.7. CHS Inc.

10.8. Louis Dreyfus Company

10.9. Maple Leaf Foods


COFCO International

Cargill, Incorporated

Bunge

Wilmar International

 ADM (Archer Daniels Midland)

Viterra

CHS Inc.

Louis Dreyfus Company

Maple Leaf Foods