Global Rapeseed Oil Market was valued at US$ 27.7 Bn in 2019 and is expected to reach US$ 42.8 Bn by 2027, at a CAGR of 5.78 % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of mark et leaders, followers, and disruptors. Since the lockdown was implemented differently in vari ous regions and countries; the impact of the same is also seen differently by regions and se gments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies b y region.
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Global Rapeseed Oil Market Dynamics: The major factor, which has driven the increase in rapeseed oil adoption is the shifting food patterns from animal to vegetable items owing to increasing consumer awareness regarding health. Moreover, the growing demand for dietary fats and oils has contributed to the growth of the rapeseed oil market. Consumers who are trying to reduce their cardiovascular ailment s, as well as cancer in some cases, are benefited from rapeseed oil, thereby growing the co nsumption of rapeseed oil. Rapeseed oil is associated with numerous health benefits, being a good source of Vitamin E , high monounsaturated fat content, substantial omega 3 content, very low saturated fat cont ent, and its suitability for the variability of diets. Rapeseed oil sales remain to spur, driven by its application in cosmetics, used to reduce scars, used in oils and creams along with lotions , apart from food applications. However, the availability of many substitutes by local players is a major factor restraining the growth of the rapeseed oil market globally. Additionally, rapeseed oil is a potential pollen alle