Market Overview —
Global canola oil production is concentrated in area with dry weather and shorter growing season. Winter canola varieties are produced in Europe, Ukraine and Russia whereas spring canola varieties are mainly planted in China, India, Canada and U.S. Increasing use for canola oil for cooking purpose has boosted the demand of canola oil in Europe and North America. Rising application of canola oil in bio-diesel is prevailing the canola oil market and this application segment is growing at significant growth.
The Canola Oil market is mainly driven by increasing demand of canola oil for food preparation and food processing. Canola oil is gaining popularity as healthy oil as it is cholesterol free and it is a good source of vitamin E which is attracting health conscious consumers. Growing application of canola oil in personal care products especially soaps is creating demand of variety of canola oil in the market. Improving cultivation techniques along with research and development activities in canola oil processing will change the market dynamics in upcoming years.
These factors will play a key role in the growth of canola oil market at the CAGR of 6.8% during 2017-2023.
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Major Key Players
• Archer Daniels Midland Company (U.S.)
• Associated British Foods plc. (U.K.)
• Sunora Foods (Canada)
• Wilson’s Foods (South Africa)
• Jivo Wellness Pvt. Ltd. (India)
• Dalmia Continental Pvt. Ltd (India)
• Arla Foods Amba (Denmark)
Canola oil is majorly used for cooking purpose and food processing which includes salad dressing and margarine. Canola oil is the third largest source of vegetable oil in the world after soybean oil and palm oil. Canola oil is gaining attention of health-conscious consumers because it has a low percentage of saturated fat and is free of artificial trans-fats. High-oleic canola varieties have been developed recently that are used in commercial high-temperature frying applications to replace partially hydrogenated oils. Biodiesel producers in the world are using canola oil instead of soybean oil due to their lower prices and wider availability.
Go through the market data and market information presented in more than 60 market data tables and figures in 100 pages of the project report. Go through the in-depth table of content (TOC) & market synopsis on “Global Canola Oil Market information from 2017 to 2023"
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The Global Canola Oil market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Europe region has the major market share followed by Asia Pacific. Canola is the major oil crop grows in Europe compare to other oil crops. Availability of large natural feedstock of canola has helping European countries to use canola oil for biodiesel and other applications. These factors are supporting significant growth of canola oil market in Europe region. In North America, canola oil is majorly used food preparation and food processing. U.S. is the major importer of canola oil which imports canola oil from Canada, Australia and Netherlands.
Global Canola Oil market is segmented by canola species, processing, application, packaging and region. Canola oil application in bio-diesel is growing at faster rate due to increasing demand of bio-diesel. Brassica Rapa i.e. polish canola are in high demand due to its increased application personal care products and processed foods.
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This market research report further provides an insight on various levels of analysis such as industry analysis, market share analysis as well as leading market players and their profiles. This report also helps in studying target consumer segments by providing views on emerging and high-growth segments and market size. Together the market data comprise and discuss basic valuations on the competitive scenarios and strategies of the global canola oil market including high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides views of historical market values as well as pricing and cost analysis of the same.
LIST OF TABLES
Table 1 Pestle Analysis - U.S.
Table 2 Pestle Analysis- India
Table 3 Pestle Analysis- China
Table 4 Pestle Analysis- Japan
Table 5 Pestle Analysis- Germany
Table 6 Key Suppliers Of Product Type For Canola Oil
Table 7 Global Canola Oil Market, By Canola Species, (2017-2023) Usd Million
Table 8 Global Canola Oil Market, By Processing, (2017-2023), Usd Million
Table 9 Global Canola Oil Market, By Application, (2017-2023), Usd Million
Table 10 Global Canola Oil Market, By Packaging, (2017-2023), Usd Million
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