Market Overview:
The global HEAR market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high erucic acid rapeseed oil in various applications such as high temperature lubricants, plastic, printing ink, personal care and others. Additionally, the growing awareness about the benefits of HEAR over other oils is also contributing to the growth of this market.
 Industry Outlook.svg)
Product Definition:
HEAR (High Erucic Acid Rapeseed) is a type of rapeseed that has a high concentration of erucic acid. This oil is used in the production of biofuels, as well as in the production of lubricants and other industrial products.
Erucic Acid 43% to 50%:
Erucic acid is a chemical compound and an omega-3 fatty acid.
Erucic acid has three different forms, namely, L- form (61%), D- form (29%) & R- form (7%). The most commonly used product in the market is L -form which contains 61% to 70% erucic acid.
Erucic Acid Above50%:
Erucic acid is the main component in oilseeds and it is also an important part of human diet. The global average consumption of rapeseed/hear has been estimated to be about 2.5-3 kg per person per year, which is approximately 15-20% of the total vegetable oil consumption around the world. Erucic acid content in rapeseed/hear varies between 0% to 50%, with an average content of 30%.
Application Insights:
High temperature lubricants (HTL) application segment led the global HEAR market and accounted for more than 35.0% share of the total revenue in 2017. The high-performance properties of rapeseed oil esters, such as resistance to oxidation and low volatility, are anticipated to promote its use as a raw material in manufacturing HSLs over the forecast period.
The plastic application segment is projected to witness significant growth over the forecast period on account of increasing demand for polymers with enhanced performance characteristics from various end-use industries including automotive, construction and packaging. Polyethylene glycols (PEG) derived from rapeseed oil exhibit superior biodegradability which is likely to propel its demand in plastics applications over the coming years.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production owing to favorable climatic conditions, availability of land, and low labor cost. China is one of the major producers in this region due to easy availability of raw materials as well as skilled labor at cheaper costs.
The demand for high heat content rapeseed oil products such as printing ink, plastic base lubricants, personal care products has witnessed significant growth in Europe on account of increasing automotive industry over past few years which has led to an increase in engine oils & greases demand from various applications.
Growth Factors:
- Increasing demand for healthy edible oils: There is a growing demand for healthier edible oils, as consumers are becoming more aware of the health benefits of consuming them. HEAR is a healthier option than other vegetable oils, as it is high in erucic acid, which has been shown to have health benefits such as reducing inflammation and improving heart health.
- Rising awareness of the nutritional benefits of HEAR: As consumers become more aware of the nutritional benefits of HEAR, they will be more likely to purchase and consume it. The high levels of erucic acid in HEAR make it a particularly beneficial source of omega-3 fatty acids, antioxidants and other nutrients that are essential for good health.
- Growing popularity of plant-based diets: The popularityof plant-based diets is increasing, as people become increasingly interested in eating foods that are healthy and sustainable.HEAR fits into this trend perfectly, as it is a vegan-friendly oil that provides many important nutrients missing from most Western diets.
Scope Of The Report
Report Attributes
Report Details
Report Title
HEAR (High Erucic Acid Rapeseed) Market Research Report
By Type
Erucic Acid 43% to 50%, Erucic Acid Above50%
By Application
High Temperature Lubricants, Plastic, Printing Ink, Personal Care, Others
By Companies
Bunge North America, Perdue Agribusiness, NatureScrops, Vantage Performance Materials, Premium crops
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global HEAR (High Erucic Acid Rapeseed) Market Report Segments:
The global HEAR (High Erucic Acid Rapeseed) market is segmented on the basis of:
Types
Erucic Acid 43% to 50%, Erucic Acid Above50%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Temperature Lubricants, Plastic, Printing Ink, Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bunge North America
- Perdue Agribusiness
- NatureScrops
- Vantage Performance Materials
- Premium crops
 Market Overview.svg)
Highlights of The HEAR (High Erucic Acid Rapeseed) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Erucic Acid 43% to 50%
- Erucic Acid Above50%
- By Application:
- High Temperature Lubricants
- Plastic
- Printing Ink
- Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HEAR (High Erucic Acid Rapeseed) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HEAR is a genetically modified rapeseed that has been engineered to produce higher levels of erucic acid, a type of oilseed fatty acid. HEAR can be used as an alternative oil source for food and industrial products.
Some of the major players in the hear (high erucic acid rapeseed) market are Bunge North America, Perdue Agribusiness, NatureScrops, Vantage Performance Materials, Premium crops.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. HEAR (High Erucic Acid Rapeseed) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. HEAR (High Erucic Acid Rapeseed) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. HEAR (High Erucic Acid Rapeseed) Market - Supply Chain
4.5. Global HEAR (High Erucic Acid Rapeseed) Market Forecast
4.5.1. HEAR (High Erucic Acid Rapeseed) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. HEAR (High Erucic Acid Rapeseed) Market Size (000 Units) and Y-o-Y Growth
4.5.3. HEAR (High Erucic Acid Rapeseed) Market Absolute $ Opportunity
5. Global HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Type
5.3.1. Erucic Acid 43% to 50%
5.3.2. Erucic Acid Above50%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Application
6.3.1. High Temperature Lubricants
6.3.2. Plastic
6.3.3. Printing Ink
6.3.4. Personal Care
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global HEAR (High Erucic Acid Rapeseed) Demand Share Forecast, 2019-2026
9. North America HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Application
9.4.1. High Temperature Lubricants
9.4.2. Plastic
9.4.3. Printing Ink
9.4.4. Personal Care
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Type
9.7.1. Erucic Acid 43% to 50%
9.7.2. Erucic Acid Above50%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America HEAR (High Erucic Acid Rapeseed) Demand Share Forecast, 2019-2026
10. Latin America HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Application
10.4.1. High Temperature Lubricants
10.4.2. Plastic
10.4.3. Printing Ink
10.4.4. Personal Care
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Type
10.7.1. Erucic Acid 43% to 50%
10.7.2. Erucic Acid Above50%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America HEAR (High Erucic Acid Rapeseed) Demand Share Forecast, 2019-2026
11. Europe HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Application
11.4.1. High Temperature Lubricants
11.4.2. Plastic
11.4.3. Printing Ink
11.4.4. Personal Care
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Type
11.7.1. Erucic Acid 43% to 50%
11.7.2. Erucic Acid Above50%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe HEAR (High Erucic Acid Rapeseed) Demand Share, 2019-2026
12. Asia Pacific HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Application
12.4.1. High Temperature Lubricants
12.4.2. Plastic
12.4.3. Printing Ink
12.4.4. Personal Care
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Type
12.7.1. Erucic Acid 43% to 50%
12.7.2. Erucic Acid Above50%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific HEAR (High Erucic Acid Rapeseed) Demand Share, 2019-2026
13. Middle East & Africa HEAR (High Erucic Acid Rapeseed) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Application
13.4.1. High Temperature Lubricants
13.4.2. Plastic
13.4.3. Printing Ink
13.4.4. Personal Care
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa HEAR (High Erucic Acid Rapeseed) Market Size and Volume Forecast by Type
13.7.1. Erucic Acid 43% to 50%
13.7.2. Erucic Acid Above50%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa HEAR (High Erucic Acid Rapeseed) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global HEAR (High Erucic Acid Rapeseed) Market: Market Share Analysis
14.2. HEAR (High Erucic Acid Rapeseed) Distributors and Customers
14.3. HEAR (High Erucic Acid Rapeseed) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bunge North America
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Perdue Agribusiness
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NatureScrops
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vantage Performance Materials
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Premium crops
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
