Rapeseed Meal Market Trends and Forecast 2024
The Global Rapeseed Meal Market is poised for exponential growth, driven by the rising demand for nutrient-rich animal feed, biofuels, and plant-based proteins. By 2024, the market is projected to be valued at USD 4.9 billion, with forecasts indicating it will grow to USD 9.6 billion by 2034, expanding at a CAGR of 7.1% over the forecast period.
Rapeseed meal, also known as canola meal, is a byproduct of rapeseed oil extraction. Its high protein content and essential amino acids make it a popular choice for use in animal feed, aquaculture, and pet food industries. The growing emphasis on sustainable agriculture, livestock productivity, and eco-friendly animal feed is expected to drive demand for rapeseed meal globally.
Key Market Trends and Insights in Rapeseed Meal Market
1. Increasing Demand for High-Protein Animal Feed
The demand for protein-rich animal feed is rising due to the expansion of the livestock industry and aquaculture production. Farmers and feed manufacturers are shifting toward rapeseed meal as a cost-effective alternative to soybean meal due to its high protein content (up to 40%) and superior amino acid profile.
Example:
Cargill has expanded its production of high-protein rapeseed meal-based animal feeds, specifically targeting livestock and aquaculture applications.
2. Rising Demand for Plant-Based Protein Sources
As the plant-based protein trend continues to rise, rapeseed meal is being recognized as a potential ingredient for plant-based protein supplements. Its amino acid composition, along with its ability to be used in vegan protein powders and protein bars, has captured the attention of the functional food and beverage industry.
Example:
DSM launched Vertis™ CanolaPRO®, a plant-based protein made from canola (rapeseed) meal, which serves as a complete protein for use in health and wellness supplements, beverages, and snacks.
3. Focus on Sustainability and Circular Economy
There is a growing interest in using bio-based materials from rapeseed meal for applications beyond feed. Bioplastics, biosurfactants, and biofuels are being produced from the residue of rapeseed meal, supporting the concept of a circular economy. This approach reduces waste and promotes the sustainable use of resources.
Example:
Ulrick & Short recently launched Complex ZERO, a plant-based ingredient derived from upcycled rapeseed meal, emphasizing waste reduction and sustainability.
4. Technological Advancements in Production and Processing
Innovative processing techniques like expeller-pressed rapeseed meal are being utilized to improve the nutritional profile of the product. This production method preserves the nutritional content, making it more suitable for premium applications such as pet food and aquafeed.
Example:
Bunge has expanded its capacity to produce expeller-pressed rapeseed meal that offers superior quality and increased protein content, catering to the animal nutrition market.
5. Expansion of E-commerce and Online Retail Channels
The adoption of direct-to-consumer (D2C) models and the rise of e-commerce platforms have made it easier for smaller farms and food manufacturers to access high-quality rapeseed meal for their operations. Companies are leveraging platforms like Amazon and Walmart to directly supply rapeseed meal to end users.
Segment Analysis in Rapeseed Meal Market
By Product Type
| Product Type | Market Share (2024) | Growth Drivers |
| Expeller-Pressed Meal | 60.0% | Higher nutritional content, eco-friendly production methods |
| Solvent-Extracted Meal | 40.0% | Cost-effective and widely used for animal feed and fertilizers |
By Application for Rapeseed Meal Market
| Application | Market Share (2024) | Growth Drivers |
| Animal Feed | 75.0% | Use in livestock, aquaculture, and poultry feed |
| Pet Food | 10.0% | Growing pet ownership and demand for high-protein pet food |
| Food Additive | 8.0% | Use of rapeseed protein as a supplement in vegan and vegetarian food |
| Biofuel Production | 5.0% | Use in biofuel production as a renewable energy source |
| Others | 2.0% | Use in bioplastics, biosurfactants, and fertilizers |
By Distribution Channel for Rapeseed Meal Market
| Distribution Channel | Market Share (2024) | Growth Drivers |
| Direct Sales | 40.0% | Sales to manufacturers and bulk buyers |
| Supermarkets/Hypermarkets | 30.0% | Purchase of small quantities by farmers and local cooperatives |
| Online Retailers | 20.0% | Growth in D2C and e-commerce platforms for feed and food products |
| Specialty Stores | 10.0% | Sales to pet food stores and niche retailers |
Regional Insights for Rapeseed Meal Market
| Region | CAGR (2024–2034) | Market Trends |
| North America | 7.5% | Demand for sustainable animal feed and plant-based proteins |
| Europe | 7.3% | High usage of rapeseed meal in biofuel production and livestock feed |
| Asia-Pacific | 7.1% | Growing aquaculture and livestock farming industry in India, China, and Japan |
| Latin America | 6.5% | Expansion of export opportunities for rapeseed meal in emerging markets |
| Middle East & Africa | 6.2% | Rising demand for affordable feed ingredients |
Competitive Landscape
Key Players in Rapeseed Meal Market:
Frequently Asked Questions (FAQs) for Rapeseed Meal Market
- What is the size of the Rapeseed Meal Market in 2024?
The market is projected to be valued at USD 4.9 billion in 2024. - What is the projected market size by 2034?
The market is expected to reach USD 9.6 billion by 2034. - Which application holds the largest share?
Animal Feed is expected to hold the largest share at 75.0%. - Which region has the highest growth rate?
North America is expected to experience the fastest growth, with a CAGR of 7.5%. - Which companies are leading the market?
Cargill, DSM, Ulrick & Short, Bunge, and Wilmar International are prominent players driving market growth.
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