openPR Logo
Press release

Canola Oil Market Report | Size, Trends, Demand by Regions, Analysis and Forecast 2024-2032

01-30-2024 01:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Canola Oil Market Report | Size, Trends, Demand by Regions,

IMARC Group, a leading market research company, has recently releases report titled "Canola Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032โ€ณ, The study provides a detailed analysis of the industry, including the global canola oil market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the canola oil market?

The global canola oil market size reached 28.8 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 32.2 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.1% during 2024-2032.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.imarcgroup.com/canola-oil-market/requestsample

Factors Affecting the Growth of the Canola Oil Industry:

โ€ข Health and Nutritional Benefits:

One of the primary drivers for the canola oil market is the increasing consumer awareness of its health and nutritional benefits. Canola oil is known for its low saturated fat content and a good balance of omega-3 and omega-6 fatty acids, which are essential for heart health. This oil is also a source of vitamins E and K. In an era where consumers are increasingly health-conscious and seeking healthier alternatives to traditional cooking oils, canola oil's profile makes it a preferred choice. This trend is particularly evident in markets where there is a growing prevalence of health-related issues such as heart disease and obesity, and consumers are more mindful of their dietary choices.

โ€ข Versatility in Food Applications:

Canola oil's versatility in food applications significantly contributes to its market growth. It has a high smoke point, making it suitable for various cooking methods, including frying, baking, and sautรฉing. Its light flavor does not overpower the taste of food, which makes it a favored ingredient in both household cooking and industrial food preparation. In the food processing industry, canola oil is used in a range of products from baked goods to salad dressings. Its functional properties, combined with its health benefits, make it a versatile ingredient that appeals to both consumers and food manufacturers.

โ€ข Shift Towards Sustainable and Organic Products:

The global shift towards sustainable and organic products is also influencing the canola oil market. There is a growing demand for organically grown canola oil, produced without the use of genetically modified organisms (GMOs) and synthetic fertilizers or pesticides. This trend is driven by the rising consumer awareness about the environmental impact of conventional farming practices and a preference for natural or organic products. The market is responding with an increase in the production of organic and non-GMO canola oil, catering to this segment of health and environmentally-conscious consumers. As the demand for sustainable agricultural practices and clean labeling continues to grow, it is likely to further propel the market for organic and non-GMO canola oil.

Canola Oil Market Report Segmentation:

Breakup By Application:

โ€ข Cooking
โ€ข Processed Foods
โ€ข Lubricants
โ€ข Personal Care
โ€ข Biofuels
โ€ข Others

Cooking dominates the largest market segment in the global canola oil market due to its widespread use as a healthy cooking oil alternative, prized for its low saturated fat content and beneficial omega-3 and omega-6 fatty acids.

Breakup By Packaging:

โ€ข Cans
โ€ข Drums
โ€ข Bottles
โ€ข Pouches
โ€ข Others

Drums are the largest market for canola oil, as they are preferred for bulk storage and transportation in the commercial and industrial sectors, offering cost-effectiveness and convenience for large-scale users like restaurants and food processors.

Breakup By Region:

โ€ข Asia Pacific
โ€ข North America
โ€ข Europe
โ€ข Middle East and Africa
โ€ข Latin America

Europe leads the global canola oil market, largely because of the high consumer preference for healthier oil options, along with strong production capacities, particularly in countries like France and Germany, which are key producers and consumers of canola oil.

Global Canola Oil Market Trends:

The growing consumer preference for healthy and nutritious cooking oils represents one of the key factors influencing the growth of the canola oil market across the globe. This is further driving demand for canola oil due to its low saturated fat content and beneficial balance of omega-3 and omega-6 fatty acids. This trend is aligned with the broader shift towards health-conscious eating habits and cleaner diets. The market is also driven by the increasing use of canola oil in the food processing industry. Its favorable properties, like a high smoke point and mild flavor, make it a versatile ingredient for various processed foods.
Sustainability is also becoming a major focus, with a growing demand for organic and non-GMO canola oil. Consumers are increasingly aware of agricultural practices and their environmental impact, leading to a preference for more sustainably produced oils. Apart from this, there's an emerging trend of using canola oil in the cosmetics industry, where its moisturizing and emollient properties are valued, opening new avenues for market growth.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚ & ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐…๐ข๐ ๐ฎ๐ซ๐žs: https://www.imarcgroup.com/request?type=report&id=820&flag=C

Leading Companies Operating in the Global Canola Oil Industry:

โ€ข Archer Daniels Midland (ADM) Company
โ€ข Bunge Limited
โ€ข Cargill Inc.
โ€ข Associated British Foods plc
โ€ข Jivo Wellness Pvt. Ltd.
โ€ข Arla Foods AmbA
โ€ข Richardson International Limited
โ€ข The J.M. Smucker Company
โ€ข Wilmar International Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐—ฆ:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Canola Oil Market Report | Size, Trends, Demand by Regions, Analysis and Forecast 2024-2032 here

News-ID: 3366278 • Views: โ€ฆ

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafoodโ€ฆ
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 โ€ฆ
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Requestโ€ฆ
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex โ€ฆ
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARCโ€ฆ
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P โ€ฆ
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing aโ€ฆ

All 5 Releases


More Releases for Canola

Global Canola Oil Market Drivers Analysis 2025
According to our (Global Info Research) latest study, the global Canola Oil market size was valued at US$ 26940 million in 2024 and is forecast to a readjusted size of USD 25690 million by 2031 with a CAGR of -0.7% during review period. Canola oil is a kind of oil obtained from the seeds of rapeseed. It is also used in food industry, biofuels and oleo chemicals etc. Global Canola Oilโ€ฆ
Canola Meal Market Report 2024 - Canola Meal Market Demand And Size By 2033
"The Business Research Company recently released a comprehensive report on the Global Canola Meal Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sampleโ€ฆ
Seizing Opportunities: Cold-pressed Canola Oil Market Evolution
Accurate business decisions demand insightful Market intelligence, and ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ steps up to provide precisely that through its latest report on the Cold-pressed Canola Oil Market. This meticulous research offering equips businesses, both existing and new entrants, with imperative insights for making informed decisions regarding Market essentials, size, and competition. ๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‚๐จ๐ฅ๐-๐ฉ๐ซ๐ž๐ฌ๐ฌ๐ž๐ ๐‚๐š๐ง๐จ๐ฅ๐š ๐Ž๐ข๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://growthmarketreports.com/request-sample/225?utm=Openpr ๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐: ๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ โ€ฆ
EMBRACE THE GOODNESS OF CANOLA OIL
Healthy eating is not a luxury anymore. It has become a way of life and rightly so! As we explore the goodness and health benefits in organic food products, the focus mainly stays on the most basic things that go into most of the dishes. One such ingredient is the edible cooking oil. Choosing the right cooking oil can do more wonders to your healthy eating regime than you can imagine.โ€ฆ
Global Canola Oil Market Research Report 2017
Notes: Production, means the output of Canola Oil Revenue, means the sales value of Canola Oil This report studies Canola Oil in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Louis Dreyfus Company ADM Cargill Bunge Richardson Oilseed Viterra Al Ghurair CHS Pacific Coast Canola (PCC) Oliyar Wilmar International COFCO Chinatex Corporation Maple Grain and Oil Industry HSGC Zhongsheng Allstar H-Best Yingcheng Oil Company Daodaoquan Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=761343&ptitle=Global+Canola+Oil+Market+Research+Report+2017&req=Sample Marketโ€ฆ
Canola Oil Market - Global Industry Trends 2024
Global Canola Oil Market: Overview Over the last forty years, the production of canola oil has been increasing at a significant pace. This has helped establishing canola as the third largest oil crop in the world. Currently, canola production occupies nearly 15% to 20% of the overall crop production. After deriving oil from canola seeds, the remaining material is often used as livestock feed, which is considered the second mostโ€ฆ