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Rapeseed Protein Market Trends

  • Report ID: GMI10882
  • Published Date: Aug 2024
  • Report Format: PDF

Rapeseed Protein Market Trends

The rapeseed protein industry is undergoing significant transformations: Health-conscious consumers and a shift towards vegetarian and vegan diets are driving a surge in demand for plant-based proteins. According to the United States Department of Agriculture (USDA), plant-based protein consumption has increased by 15% in recent years. Technological strides in protein extraction and processing are enhancing both the quality and functionality of these products. Sustainability concerns are on the rise, positioning rapeseed protein as a favorable alternative due to its reduced environmental footprint compared to animal-based proteins.
 

The Environmental Protection Agency (EPA) reports that plant-based proteins, including rapeseed, have a 30% lower carbon footprint compared to animal-based proteins. The scope of rapeseed protein is broadening, finding its way into food and beverages, animal feed, and nutritional supplements. Regionally, the Asia Pacific is witnessing a notable uptick in both production and consumption, while North America and Europe are seeing heightened awareness and interest.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of rapeseed protein reached USD 7.5 billion in 2023 and is set to expand at over 3.3% CAGR from 2024 to 2032, fueled by a surging demand for plant-based proteins, a trend largely propelled by health consciousness and sustainability concerns.

The concentrates segment is anticipated to reach USD 5.4 billion by 2032, driven by rising consumer demand for high-protein, plant-based diets, and the pursuit of efficient, sustainable protein sources.

North America market will record about USD 2.8 billion in 2032, led by the growing application of rapeseed protein in animal feed and nutritional supplements.

DSM, TEUTEXX, Europa Crown Ltd., GP Feeds, NapiFeryn Biotech, and Borregaard among others.

Rapeseed Protein Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 7
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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