Increased demand for Canola Meal Market to grow at a CAGR of 4.26% during the period 2017-2021
About Canola Meal
Canola is derived from rapeseed, and is grown using various traditional plant breeding techniques. These techniques help to lower the erucic acid and glucosinolate content in canola. Canola is also known as double-zero rapeseed in Europe as it contains low erucic acid and glucosinolates. A typical canola seed contains more than 40% oil, which is used as premium edible vegetable oil, and the rest of the content is used as canola meal. Canola meal, therefore, is the by-product that is produced after the extraction of canola oil. Canola meal is used as a feed for poultry, cattle, fish, and swine, mainly as a source of protein. The major producers of canola meal are Canada, Australia, China, the European Union (EU), and India.
Technavios analysts forecast the global canola meal market to grow at a CAGR of 4.26% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global canola meal market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of canola meal.
The market is divided into the following segments based on geography:
Technavio's report, Global Canola Meal Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Archer Daniels Midland
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Other prominent vendors
Louis Dreyfus Company (LDC)
PACIFIC COAST CANOLA
Parrish and Heimbecker
Resaca Sun Feeds
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Competition from other oilseed meals
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Increased demand for processed meat
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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