Lucintel Forecasts the Global Rape Seed Meal Market to Reach $7 Billion by 2030
Lucintel Forecasts the Global Rape Seed Meal Market to Reach $7 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global rape seed meal market looks promising with opportunities in the feed, fertilizer, sauce, food additive, and industrial chemical markets. The global rape seed meal market is expected to reach an estimated $7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing demand for animal feed due to rising meat consumption worldwide, growing use of rape seeds meal in aquaculture and poultry feed for its high protein content, and expansion of biodiesel production driving availability of rape seeds meal as a product.
A more than 150-page report to understand trends, opportunity and forecast in global rape seed meal market to 2030 by type (rape seed meal, double-low rape seed meal, and others), application (feed, fertilizers, sauce, food additives, industrial chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that rape seed meal is expected to witness higher growth over the forecast period.
APAC is expected to witness the highest growth over the forecast period.
Hubei Hongkai, Yihai Kerry, COFCO, Chia Tai, Cargill, Longda, Jiusan are the major suppliers in the rape seed meal market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056