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Global HEAR (High Erucic Acid Rapeseed) Market Growth 2023-2029
Product Code:457716
Published Date: Feb 08,2023
Pages: 96
Region: Global
Category: Chemical & Material
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High erucic acid rapeseed (HEAR) is a specialty rapeseed selected for its high erucic content. It has over 50% erucic acid and is grown as a key ingredient for plastics, personal care products and pharmaceuticals. The seed, the crop and the oil are visually similar to canola, therefore every step of the supply chain demands robust and effective identity preservation processes.
LPI (LP Information)' newest research report, the “HEAR (High Erucic Acid Rapeseed) Industry Forecast” looks at past sales and reviews total world HEAR (High Erucic Acid Rapeseed) sales in 2022, providing a comprehensive analysis by region and market sector of projected HEAR (High Erucic Acid Rapeseed) sales for 2023 through 2029. With HEAR (High Erucic Acid Rapeseed) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HEAR (High Erucic Acid Rapeseed) industry.
This Insight Report provides a comprehensive analysis of the global HEAR (High Erucic Acid Rapeseed) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HEAR (High Erucic Acid Rapeseed) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HEAR (High Erucic Acid Rapeseed) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HEAR (High Erucic Acid Rapeseed) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HEAR (High Erucic Acid Rapeseed).
The global HEAR (High Erucic Acid Rapeseed) market size is projected to grow from US$ 79 million in 2022 to US$ 131.2 million in 2029; it is expected to grow at a CAGR of 131.2 from 2023 to 2029.
Global HEAR (High Erucic Acid Rapeseed) key players include Premium crops, Bunge North America, NatureScrops, Perdue Agribusiness, Vantage Performance Materials, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share about 70%, followed by North America, with a share about 20 percent. In terms of product, Erucic Acid >50%is the largest segment, with a share about 95%. And in terms of application, the largest application is Plastic, followed by High Temperature Lubricants, Personal Care, Printing Ink, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of HEAR (High Erucic Acid Rapeseed) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Erucic Acid 43% to 50%
Erucic Acid Above 50%
Segmentation by application
High Temperature Lubricants
Plastic
Printing Ink
Personal Care
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bunge North America
Perdue Agribusiness
NatureScrops
Vantage Performance Materials
Premium crops
Key Questions Addressed in this Report
What is the 10-year outlook for the global HEAR (High Erucic Acid Rapeseed) market?
What factors are driving HEAR (High Erucic Acid Rapeseed) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HEAR (High Erucic Acid Rapeseed) market opportunities vary by end market size?
How does HEAR (High Erucic Acid Rapeseed) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?