Rapeseed Meal Market

Rapeseed Meal Market Outlook from 2024 to 2034

The rapeseed meals market is poised for significant growth, with global sales expected to reach a staggering USD 8.6 billion by 2034. Driven by a projected 6.1% CAGR over the next decade, the market is set to boom from an estimated USD 4.8 billion at the end of 2024.

Rapeseed meal, or canola meal, a byproduct obtained after the extraction of oil from the rapeseed plant, is widely used as animal feed due to its high protein and nutritional value. Its demand is anticipated to grow significantly amid the growing need for high-protein animal feed ingredients.

Rapeseed meal is becoming an ideal replacement for other protein sources like soybean meal. This is due to its high protein content. Amid the growing world population and rising per capita meat consumption, there is an increasing need for protein-rich meals/feeds. This will likely fuel demand for rapeseed meal as it promotes livestock production.

Rapeseed meal is a desirable option for feed manufacturers due to its cost-effectiveness and nutritional benefits. Rising consumer awareness of these benefits is expected to bolster sales through 2034.

Rapeseed meal is also rich in minerals, fiber, and vitamins. This is encouraging its adoption in applications like pet food and food additives. The growing need for nutrient-rich feeds globally will likely foster market growth during the forecast period.

Other Factors Driving Growth of the Rapeseed Meal Market

• Increasing livestock production, along with growing demand for meat and dairy items
• Surging popularity of vegetable protein sources
• Growing usage of rapeseed protein meal in livestock feed and pet food formulations
• Rising demand for rapeseed meal from the poultry industry
• Increasing use of rapeseed meal as a feed ingredient for ruminant animals
• Growing export opportunities for rapeseed meal in emerging markets
• Expansion of rapeseed cultivation areas globally
• The potential of rapeseed meal to be used as a source of valuable nutrients and bioactive compounds to develop innovative bio-based products for food, cosmetic, nutraceutical, and pharmaceutical sectors
• Rising popularity of expeller rapeseed meal, also known as canola press-cake or rapeseed press-cake, due to its high nutritional value

Global Rapeseed Meal Market Trends

• Growing interest in oilseed meals due to their high nutritional content
• Shift towards sustainable and environmentally friendly feed ingredients
• Development of value-added rapeseed meal products for niche markets
• Rising consumer awareness about the nutritional and economic benefits of rapeseed meal over other oilseed meals
• Growing demand for non-GMO and organic rapeseed meal
• Expanding usage of rapeseed meal in applications like biofuel production
• Production of polymers, biosurfactants, and other materials through biotransformation of rapeseed meal

Global Rapeseed Meal Market Insights

Attributes	Key Insights
Estimated Global Rapeseed Meal Market Revenue (2024E)	USD 4.8 billion
Projected Rapeseed Meal Market Value (2034F)	USD 8.6 billion
Value-based CAGR (2024 to 2034)	6.1%

Historical Performance Vs. Global Rapeseed Meal Market Sales Outlook

Global rapeseed meal sales grew steadily from 2019 to 2023. In the forecast period, the global rapeseed meal market is poised to expand at 6.1% CAGR, with the overall market valuation reaching USD 8.6 billion by 2034.

The global rapeseed meal industry is expected to grow significantly during the forecast period. One of the key factors driving the rapeseed meal market growth is the growing demand for affordable and nutrient-rich feed.

Rapeseed meal is widely used as a high-protein feed ingredient in livestock and poultry due to its nutritional benefits and low cost. Thus, growing demand for high-nutritional animal feed is expected to bolster sales of rapeseed meals during the forecast period.

Country-wise Insights

China is expected to dominate the global rapeseed meal industry, holding a value share of 23.0% in 2024. This is due to robust livestock production capacity and growing demand for rapeseed meal from the livestock industry.

The United States is poised to hold a significant share of 15.0% in the global market by 2024, owing to economic development and the rising demand for feed from milk producers. In 2024, India will likely account for a 13.0% share of the global rapeseed meal market, which reflects its production capacity and growing demand from the animal feed market.

Countries	CAGR (2024 to 2034)
United States	6.5%
China	7.1%
Australia	5.0%
Germany	4.1%

Booming Livestock Industry Propelling Rapeseed Meal Demand in China

China is expected to hold a significant value share of around 23.0% in the global rapeseed meal market in 2024. Over the forecast period, demand for rapeseed meal in China is projected to grow at a healthy CAGR of 7.1%, driven by factors like:

• Expanding livestock industry
• Growing demand for livestock feeds
• Increasing consumption of food products like beef and dairy
• Ongoing research aimed at exploring new rapeseed meal applications such as biofuels, bioplastic, biosurfactants

China is witnessing significant demand for rapeseed meal from the livestock sector. According to the United States Department of Agriculture (USDA), the European Union and China are the top producers of rapeseed meal, with 29% and 23% of the global production, respectively.

China's focus on food security plays a key role in propelling the demand for rapeseed meals. The government wants to increase domestic manufacturing capacity while lowering reliance on imported feed ingredients. This growing demand for rapeseed meals made in China is boosting its standing in the international market.

Thriving Dairy Industry Boosting Sales of Rapeseed Meal in the United States

The United States is set to account for a significant 15.0% share of the global rapeseed meal industry in 2024. Over the forecast period, the United States rapeseed meal market is poised to grow swiftly, with overall sales of rapeseed rising at 6.5% CAGR. Some of the key drivers/trends include:

• Rapid economic development
• Growing demand for dairy items
• Rising interest in sustainable feed ingredients
• Expanding the application of rapeseed meal in biofuel production
• Increasing demand for high-protein animal feeds

The United States’ thriving dairy industry is playing a key role in driving demand for rapeseed meals. Milk producers in the nation are inclined to use superior feed ingredients to increase milk output and meet the nutritional needs of dairy cows. Rapeseed meal, with its high protein content and essential amino acids, is a valuable feed ingredient for dairy animals.

Milk producers prioritize the quality and nutritional value of feed ingredients to ensure the health and productivity of their animals. Rapeseed meal, being a high-quality protein source, aligns with the requirements of milk producers, leading to its significant demand in the market.

Rising Export of Rapeseed Meal Boosting India’s Market

India has become a significant player in the global rapeseed meal market, holding a 13.0% share. It will likely register a healthy compound annual growth rate (CAGR) during the assessment period, owing to factors like:

• Growing popularity of oilseed meal as a feed ingredient
• Increasing rapeseed meal export
• Flourishing poultry and livestock industry
• Decline in rapeseed meal prices
• Addition of vegetable protein source in animal feed
• Favorable government policies and initiatives

Indian rapeseed meal is known for its high quality and competitive pricing. This makes it a popular choice for animal feed and as a source of protein in various applications, including pet food and animal feeds.

India is also a prominent rapeseed meal exporter, with key destinations like South Korea, Vietnam, and Thailand. India-based companies like Triveni Group are driving this success with a focus on sustainability, competitive pricing, and customer satisfaction.

Category-wise Insights in Rapeseed Meal Market Report

The section below provides insights into leading segments of the rapeseed meal industry. Based on nature, the conventional rapeseed meal segment will continue to dominate the global market, holding a value share of 90.0% in 2024. By application, the feed segment is set to contribute a revenue share of 75.0% by 2024.

Top Segment	Estimated Market Share (2024)
Conventional (Nature)	90.0%
Feed (Application)	75.0%

Consumers Mainly Prefer Conventional Rapeseed Meal

As per the latest analysis, the conventional segment is expected to lead the global rapeseed meal market during the assessment period. This is attributable to rising consumer preference for conventional rapeseed meals, owing to its advantages like cost-effectiveness and wider availability.

• Conventional rapeseed meal is generally cheaper than organic rapeseed meal. As a result, it is widely used in applications like feed, pet food, and food additives
• Conventional rapeseed is considered a good source of essential amino acids for livestock feed, thereby fueling its demand
• Conventional rapeseed is widely grown, making it readily available

Due to its low cost and easy availability, rapeseed meal consumption is expected to rise significantly during the forecast period. The target segment will likely hold a staggering market share of 90.0% in 2024.

High Nutritional Value to Make Rapeseed Meal Popular in Feed Applications

Based on application, the feed segment is expected to hold a market share of 75.0% in 2024. This can be attributed to the rising usage of rapeseed meal in feed applications owing to its high nutritional content and cost-effectiveness.

Rapeseed meal is popular in feed applications for several reasons. It contains about 38% to 40% crude protein. This makes it a valuable component in the diet of livestock animals such as poultry, swine, and cattle.

The high protein content of rapeseed meal, along with its amino acid profile, makes it an ideal feed ingredient for livestock owners looking to enhance the growth and performance of their animals. Growing awareness about balanced animal nutrition and increasing demand for animal feed are driving the popularity of rapeseed meal in feed production.

Competitive Landscape

The rapeseed meal market has a diverse and dynamic competitive landscape. Leading manufacturers of rapeseed meal are concentrating on using novel manufacturing methods and technologies to improve their production and reduce overall costs. They are launching new products to meet the growing consumer demand for plant-based protein sources.

Recent Developments in the Rapeseed Meal Market-

• In 2023, DSM introduced Vertis™ CanolaPRO®, a high-quality canola protein isolate. This protein is produced from canola meal, a co-product of canola/rapeseed oil production, and is considered a complete protein containing essential amino acids.
• In 2023, Ulrick & Short launched a plant-based ingredient called complex ZERO, which is based on upcycled rapeseed and offers a new alternative eating experience for consumers.

Scope of the Rapeseed Meal Market Report

Attribute	Details
Estimated Market Value (2024)	USD 4.8 billion
Projected Market Value (2034)	USD 8.6 billion
Expected Growth Rate (2024 to 2034)	6.1% CAGR
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	USD billion for Value, MT for Volume
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
Key Segments Covered	Type, Application, Nature, and Region
Key Companies Profiled	DSM; Ulrick & Short; Target Feeds; GP Feeds Ltd; Cargill; Wilmar International; Hbgo; Bunge; Bgg; Sinograin; Sanxing Group; Herun Group; Other Players
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers Restraints Opportunity Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Rapeseed Meal Market by Category

By Type:

• Expeller-pressed Rapeseed Meal
• Solvent-extracted Rapeseed Meal

By Application:

• Feed
  • Aquaculture
  • Livestock
  • Pet Food
• Fertilizer
• Food Additive
• Others

By Nature:

• Organic
• Conventional

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Middle East & Africa

Frequently Asked Questions

How big is the rapeseed meal market?

The rapeseed meal market value is estimated to total USD 4.8 billion in 2024.

What is the demand outlook for rapeseed meals?

Rapeseed meal demand is projected to grow at a CAGR of 6.1% through 2034

What is the expected market size for 2034?

The rapeseed meal market size is expected to reach USD 8.6 billion by 2034.

Which region dominates the global rapeseed meal industry?

Currently, Europe dominates the global rapeseed meal market.

Which is the most lucrative application of rapeseed meal?

Rapeseed meal is mostly for feed applications.

Who are the key players in the rapeseed meal market?

DSM, Ulrick & Short, Target Feeds, GP Feeds Ltd, Cargill, and Wilmar International.

What is a canola meal used for?

Canola meal is mostly used in animal feeds.

What is rapeseed used for?

Rapeseed is used for producing oil, biodiesel, and animal feed.

What animals eat canola meal?

Tilapia, salmon, carp, trout, catfish, and other animals eat canola meal.