A fresh study, covering “Rapeseed Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Food & Beverages Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Rapeseed Oil Market.
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Europe Set to Dominate the Global Market
The global rapeseed oil market finds higher market attractiveness in the Europe region. Europe is much suited and favorable for the rapeseed oil and it is anticipated that this trend is most likely to continue over the forecasted period of 2017 to 2022. It is expected to grow at a moderate rate at a CAGR of 5% as far as Europe is concerned, during the entire period of forecast. Following Europe, Asia Pacific excluding Japan (APEJ) region is also showing good potential for growth of rapeseed oil consumption and stands second to Europe, followed by Japan, Middle East and Africa (MEA) and North America.
Food Services Segment Outpaces Retail by Few Miles
The food services segment and retail segment by the end user type, are the two fast running segments, as per the market observations provided in the report. The food service segment reflects higher growth rate as compared to retail, to reach a CAGR of 4.3% and is expected to outpace the retail segment by few miles during the forecast period of 2017 to 2022. Both these segments are anticipated to show a gain in the BPS by the end of 2022 and also have less difference in the revenue market share, yet the food services segment overpowers retail in this aspect too.
The Online Segment by Distribution Channel Analysis to Show Higher Growth as Modern Trade Segment Stoops Down
The online segment by distribution channel is poised to run at a comparatively higher growth rate to show a CAGR of 4.5% during the forecasted period of 2017 to 2022. The modern trade segment seems to have slowed down a bit and is expected to lose BPS by the end of 2022. Yet it has a higher market share by revenue than other segments. The online segment, with this rate, can be predicted to gain a plus in its current market share by revenue and probably might even outpace modern trade. The specialty stores segment has even higher growth rate than the online segment and is poised to have a higher gain in the BPS by the end of 2022. It seconds the modern trade in terms of market revenue share in 2017.
Virgin to Lose BPS, Slows Down During the Forecasted Period
Virgin segment by product type is poised to run at a slower rate, observing its current rate and market share analysis, and is expected to experience a loss in the BPS by the 2022 end. However, the processed segment by product type gains higher speed to reflect a CAGR of 4.2% during the period of forecast and is expected to grab a higher market share by revenue as well. A market share, almost double than that of the virgin segment, processed segment by product type is also expected to have a higher gain in the BPS by the end of 2022.
The report also profiles companies that are expected to remain active in the expansion of the global rapeseed oil market through 2022, which include The Adani Wilmar Ltd., Ruchi Soya Industries Limited, Associated British Foods plc., Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Adams Group Inc., American Vegetable Oils, Inc., Grief Inc. (Olympic Oils Limited), Borges International Group S.L.U, Marico Limited, Fuji Oil Holdings Inc., Louis Dreyfus Company and ConAgra Foods (Agrotech Foods Ltd).
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