Canola Meal Market Size Projected To Reach $814.3 Billion By 2034 With A Cagr Of 6.2%

The Canola Meal Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Canola Meal Market?
The canola meal market has grown strongly in recent years. It will increase from $600.11 billion in 2024 to $639.59 billion in 2025, at a CAGR of 6.6%. The growth is attributed to sustainable animal production, demand for high-quality animal feed protein, environmentally friendly food products, and increasing awareness of the benefits of canola meal.

The canola meal market is projected to reach $814.3 billion by 2029, with a CAGR of 6.2%. The growth is driven by the demand for canola meal due to its high energy content and minimal anti-nutritional factors, the large-scale animal agriculture industry, awareness of its environmental benefits, and a lower carbon footprint compared to alternative proteins. Trends include innovations in canola processing, expansion into emerging markets, increased cultivation of canola, and product diversification.

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What Are the Different Canola Meal Market Segments?
The canola meal market covered in this report is segmented -

1) By Type: Poultry, Swine, Ruminants, Aquatic Animals
2) By Nature: Organic, Conventional
3) By Application: Feed, Fertilizer, Food Additive, Industrial Chemical

Subsegments:
1) By Poultry: Broilers, Layers, Breeders
2) By Swine: Weaned Pigs, Grower Or Finisher Pigs, Sows
3) By Ruminants: Cattle (Beef And Dairy), Sheep, Goats
4) By Aquatic Animals: Fish (Salmon, Trout), Shrimp, Other Aquatic Species

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What Are the Primary Drivers Shaping the Canola Meal Market?
The increasing demand for meat products is expected to drive the growth of the canola meal market. Meat products, known for their high-quality protein, are essential due to cultural and dietary preferences and the global population rise. Canola meal is a crucial feed ingredient supporting sustainable and efficient meat production by providing key nutrients to livestock and poultry. In December 2023, the FAO reported a 0.83% increase in global meat production, from 362 million metric tons in 2022 to 365 million metric tons in 2023, with bovine meat production rising from 75 million metric tons in 2022 to 75.9 million metric tons in 2023. Thus, the growing demand for meat products contributes to the growth of the canola meal market.

Which Companies Are Leading in the Canola Meal Market?
Major companies operating in the canola meal market are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Wilmar International Ltd., Bunge Global SA, Louis Dreyfus Company, Bayer AG, CHS Inc., Charoen Pokphand Foods PCL, Perdue Farms Inc., Koninklijke DSM N.V., Richardson International Limited, Parrish & Heimbecker Limited, MSM Milling, LaBudde Group Inc., Sunora Foods Inc., AGRIM PTE LTD, Aggarwal Impex Pvt. Ltd., Sunrise Foods Inc., East Coast Stockfeeds, Annachtra International Organization LLP, Energrow Inc., Manishankar Oils Pvt. Ltd., Resaca Sun Feeds LLC, Parkar Enterprise

What Are the Major Trends Shaping the Canola Meal Market?
Major players in the canola meal market are developing new products like high-quality canola protein isolate to gain a competitive advantage. Canola protein isolate is a complete plant-based protein containing all nine essential amino acids. In November 2022, Koninklijke DSM N.V., a Netherlands-based company, launched Vertis CanolaPRO, a plant-based protein isolate developed after over ten years of research. This product is allergen-free and has a low environmental footprint, produced using minimal water and low temperatures.

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What Are the Top Revenue-Generating Geographies in the Canola Meal Market?
Asia-Pacific was the largest region in the canola meal market in 2023. The regions covered in the canola meal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Canola Meal Market?
2. What is the CAGR expected in the Canola Meal Market?
3. What Are the Key Innovations Transforming the Canola Meal Industry?
4. Which Region Is Leading the Canola Meal Market?

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