tanmayFebruary 19, 2021 24
The Global Canola Oil Market has outlined the supply and demand scenario in the industry and provided a detailed analysis of the product developments, technology advancements, and competitive analysis in the market. The historical and forecast information provided in the report span between 2021 and 2026. The report is integrated with crucial insights on the market which will support the clients to make the right business decisions. The pandemic of Coronavirus (COVID-19) has landed a major blow to every aspect of life globally. This report covers current market trends, opportunities, challenges, and industry players in the market.
Over the next five years the Canola Oil market will register a -0.7% CAGR in terms of revenue, the global market size will reach US$ 25160 million by 2025.
Rapeseed Oil Market
The global rapeseed oil market is segmented on the basis of application and geography. PORTLAND, OR, UNITED STATES, December 10, 2020 /EINPresswire.com/ Rapeseed Oil Market was valued at $26,524 million in 2016, and is projected to reach $36,560 million by 2023, registering a CAGR of 5.3% from 2017 to 2023. In 2016, the food processing segment accounted for approximately three-fourths share of the global market, in terms of revenue, and approximately five-sevenths share in terms of volume. Copra, cottonseed, palm kernel, peanut, soybean, sunflower seed, and rapeseed are major oil seeds used for extraction of vegetable oil. Rapeseed has higher oil content than other oil seeds, and is thus cultivated for the extraction of vegetable oil for household and industrial purposes, and feedstock for bio-fuel production. Rapeseed contains 40% oil, and is usually extracted in by pre-pressing or by solvent extraction. The presence