Canola Oil Market Projected for Significant Growth (2024-2031) | Bunge Limited, Cargill Inc., Associated British Foods plc.

The Canola Oil Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global Canola Oil market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Canola Oil Market reached USD 33.2 billion in 2022 and is expected to reach USD 43.7 billion by 2030, growing with a CAGR of 3.5% during the forecast period 2024-2031.

Canola oil is a widely used vegetable oil derived from the seeds of the canola plant (Brassica napus and Brassica rapa), which is a type of rapeseed. It is known for its light flavor, high smoke point, and versatility in cooking, making it a popular choice for frying, baking, and salad dressings. One of the key features of canola oil is its favorable nutritional profile, as it is low in saturated fat and high in monounsaturated fats, particularly oleic acid. It also contains omega-3 and omega-6 fatty acids, which are essential for human health. Canola oil is often considered a heart-healthy option, and its use has been associated with lowering bad cholesterol levels.

Key Developments:

❁ In April 2023, Cargill Incorporated, a prominent U.S. company, announced plans to upgrade and expand its oilseed crushing facilities located in Newcastle, Narrabri, and Footscray, with an estimated investment of USD 50 million. This significant investment aims to enhance the company's capacity to meet the growing demand for canola oil enriched with omega-3 and omega-6 fatty acids, as well as for cottonseed meal and oil. By modernizing its facilities, Cargill is positioning itself to better serve its customers and respond to market trends, particularly in the health-conscious food sector where the nutritional profile of oils is increasingly important. This expansion reflects Cargill's commitment to providing high-quality products that align with consumer preferences for healthier oils.

List of the Key Players in the Canola Oil Market:

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

Research Process:

Both primary and secondary data sources have been used in the global Canola Oil Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Canola Oil Market:

By Type: Processed, Virgin.

By Packaging: Cans, Drums, Bottles, Pouches, Others.

By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, E-Commerce, Others.

By Application: Food Processing, Foodservice, Households, Others.

Regional Breakout:

The global Canola Oil Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Canola Oil Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Canola Oil Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of New Zealand Food Testing and Certification manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of New Zealand Food Testing and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

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Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

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What are the major opportunities that the companies can get to attain success in the world?

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