Press release
Canola Oil Market Growth Projected at US$ 52.7 Bn by 2032 - Persistence Market Research
The global canola oil market has witnessed steady growth over the past decade, driven primarily by rising consumer awareness of heart-healthy dietary choices and sustainability concerns in agriculture. In 2025, the canola oil industry was valued at approximately US$ 39.0 billion, and it is projected to reach US$ 52.7 billion by 2032, expanding at a 4.4% CAGR. Known for its low saturated fat content, high omega-3 fatty acid levels, and neutral flavor profile, canola oil has become a staple in home kitchens, food processing applications, and the restaurant sector. Its versatility extends from frying and baking to salad dressings and industrial uses, making it one of the most widely consumed vegetable oils worldwide.Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
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Canola oil's market momentum is underpinned by shifting dietary patterns toward plant-based and functional foods. The leading product segment is Refined Canola Oil, prized for its clean flavor and high smoke point, which caters both to home cooks and commercial food manufacturers. Geographically, Asia Pacific leads in volume consumption-China, India, and Japan jointly account for nearly 88% of regional demand-attributed to rising health consciousness and urbanization. Meanwhile, North America demonstrates robust per-capita usage, spurred by cardiovascular health recommendations, and Europe continues to champion domestically produced rapeseed oil for its eco-friendly cultivation methods.
Key Highlights from the Report
➤ The global canola oil market is forecasted to grow from US$ 39.0 billion in 2025 to US$ 52.7 billion by 2032 at a CAGR of 4.4%.
➤ Refined Canola Oil dominates the market due to its neutral taste, versatility, and superior shelf life.
➤ North America's high awareness of heart-healthy diets has propelled hybrid high-oleic canola oil variants.
➤ Europe's shift toward domestic rapeseed production led to a 50% decline in imports during the 2024/25 marketing year.
➤ Asia Pacific consumption reached over 9.4 million tons in 2024, driven by China, India, and Japan.
Market Segmentation
The canola oil market is segmented by Type, Nature, Packaging Type, Distribution Channel, End Use, and Region. Product‐level segmentation distinguishes Refined, Cold-Pressed, Organic, and Hydrogenated canola oils. Nature‐based segmentation categorizes offerings into Conventional, Organic, and Non‐GMO variants, reflecting consumer demand for transparency and sustainability. Packaging spans from Bottles, Cans, and Pouches for retail to Bulk Containers for industrial buyers. Distribution channels include Online, Offline, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Foodservice (B2B). End‐use industries cover Food & Beverages, Foodservice & HoReCa, Cosmetics & Personal Care, Biofuels (Biodiesel), and Animal Feed. Regional coverage encompasses North America, Europe, East Asia, South Asia & Oceania, Middle East & Africa, and Latin America, ensuring comprehensive insights across global markets.
Regional Insights
In North America, canola oil's low saturated fat and omega-3 profile align with dietary guidelines promoting cardiovascular health. The 2024 launch of a hybrid high-oleic variant by Cargill, with just 4.5% saturated fat, underscores innovation driven by health regulations and consumer demand for functionality in frying and shelf stability.
In Europe, rapeseed oil-known locally as canola-benefits from robust domestic cultivation, sustainable farming practices, and endorsement by nutrition authorities like the German Nutrition Society. The 50% drop in EU imports during 2024/25 illustrates a pivot toward local production to support eco-friendly supply chains.
The Asia Pacific region has seen surging adoption, with China consuming 5.4 million tons (US$ 9.5 billion), India at three million tons (US$ 6.7 billion), and Japan at 914,000 tons (US$ 2 billion) in 2024. Urban consumers' shift to healthier oils and affordability relative to premium alternatives drive continued volume growth, supported by expanding refining capacity.
Market Drivers
Health-conscious consumers are increasingly favoring canola oil for its low saturated fat content and high omega-3 fatty acid levels. Public health campaigns and dietary guidelines worldwide tout canola oil as a heart-healthy choice, fueling household and industrial usage. Moreover, the neutral flavor and high smoke point make it an ideal ingredient across cooking methods-from deep frying to baking-broadening its appeal beyond health-driven segments.
Market Restraints
Consumer skepticism regarding genetically modified (GMO) canola varieties poses challenges, particularly in regions with stringent non-GMO and organic certifications. Environmental concerns over pesticide use and soil health in large-scale rapeseed cultivation have prompted regulatory scrutiny and consumer pushback. Additionally, canola seed price volatility-driven by weather disruptions and geopolitical trade policies-introduces cost unpredictability for oil producers and downstream manufacturers.
Market Opportunities
The proliferation of plant-based diets presents significant growth avenues for canola oil derivatives in meat substitutes, dairy alternatives, and functional snacks. Canola oil's low saturated fat and neutral taste suit plant-based formulations, while byproducts like rapeseed lecithin enhance texture and mouthfeel. Partnerships between oil producers and plant-based food innovators are unlocking new revenue streams and reinforcing canola oil's role in sustainable nutrition.
Reasons to Buy the Report
✔ Comprehensive analysis of global market size, trends, and forecasts through 2032
✔ In-depth segmentation across product types, distribution channels, and end-use industries
✔ Detailed profiles of leading companies, their strategies, and market share performance
✔ Critical assessment of market drivers, restraints, and opportunities shaping future growth
✔ Actionable insights on regional dynamics and emerging innovations to inform strategic planning
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/35388
Company Insights
• Cargill, Incorporated
• Archer Daniels Midland Company (ADM)
• Bunge Limited
• Louis Dreyfus Company
• Jivo Wellness Pvt. Ltd.
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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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
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