Canola Oil Market Statistics, Trends, Size, Share, Analysis, Key Players by 2031
Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031Coverage: Canola Oil Market covers analysis By Category (Organic, Conventional); Application (Cooking, Processed Foods, Lubricants, Personnel Care, Biofuels, Others); Distribution Channel (Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Online, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Aug 2025
- Report Code : TIPRE00014043
- Category : Food and Beverages
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The Canola Oil Market is expected to register a CAGR of 2.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Canola Oil Market report covers analysis By Category (Organic, Conventional); Application (Cooking, Processed Foods, Lubricants, Personnel Care, Biofuels, Others); Distribution Channel (Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Online, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the Report
The report Canola Oil Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Canola Oil Market Segmentation
Category
- Organic
- Conventional
Application
- Cooking
- Processed Foods
- Lubricants
- Personnel Care
- Biofuels
Distribution Channel
- Hypermarkets/ Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Canola Oil Market: Strategic Insights
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Canola Oil Market Growth Drivers
- Growing Health Awareness Driving Market Growth: The global canola oil market is experiencing tremendous growth due to increasing health awareness, particularly for heart-healthy oils low in saturated fats, with omega-3 fatty acids and cholesterol-lowering properties driving popularity.
- Rising Demand for Biofuels: The growing demand for canola oil is also fueled by its potential as a renewable feedstock for biodiesel production, with positive regulations supporting biofuels, thus boosting the demand for canola oil in the energy sector.
- Versatility in Culinary and Industrial Applications: Canola oil’s versatility in both culinary and industrial applications is further driving its market growth, with widespread use in cooking, baking, and food processing, as well as in non-food industries like cosmetics and lubricants.
Canola Oil Market Future Trends
- Health Awareness Driving Market Demand: Health awareness is boosting demand for canola oil due to its heart-friendly profile and low saturated fats, identified as a strength in SWOT analysis, with major players focusing on nutritional benefits to drive growth.
- Demand for Non-GMO and Sustainable Products: Increasing consumer demand for non-GMO and sustainable products is driving changes in market dynamics, with key players investing more in organic and certified products to cater to niche segments.
- Commercialization in Industrial and Catering Applications: The expansion of canola oil use in industrial applications and the catering business is expected to further escalate demand, with market developments leading to increased usage opportunities for canola oil derivatives.
Canola Oil Market Opportunities
- Opportunity for Heart-Healthy Canola Oil: An opportunity for the industry with the scope of offering canola oil with less saturated fats and lower omega-3 levels. Increased use in heart-friendly oils increases North American market share, and further functional food applications are promising.
- Production of Biodiesel: Due to the increasing demand for renewable fuels, a huge growth opportunity is being presented for canola oil. The encouraging growth prospects in climate change initiatives as well as increasing energy needs based on the North American and European market overview are seeing an upward growth curve.
- Expand Culinary Applications: Cooking, baking, and frying is the primary usage for canola oil, thereby contributing to its market share. Product innovations-through non-GMO and cold-pressed varieties-appeal to the consumers' preferences that stretch across multiple geographies, thereby enhancing the market landscape.
Canola Oil Market Regional Insights
The regional trends and factors influencing the Canola Oil Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Canola Oil Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Canola Oil Market
Canola Oil Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ XX million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2025 - 2031) | 2.8% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Category
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Canola Oil Market Players Density: Understanding Its Impact on Business Dynamics
The Canola Oil Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Canola Oil Market are:
- Associated British Foods plc
- EURL BENE HOLDING
- JBK Manufacturing And Development Company
- MASI Trading
- Native Harvest
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Canola Oil Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Canola Oil Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Canola Oil Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Frequently Asked Questions
What are the options available for the customization of this report?
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
What are the deliverable formats of this report?
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Which are the key players in the Canola Oil Market?
Key companies of this market are: Associated British Foods plc, EURL BENE HOLDING, JBK Manufacturing And Development Company, MASI Trading, Native Harvest, Pure Wesson, Radin Trading GmbH, Spectrum Organic Products, LLC, The Archer-Daniels-Midland Company.
What are the future trends in the Canola Oil Market?
Key future trends in this market are - Growing Demand for Healthier Fats, Sustainability and Non-GMO Products, Industrial and Culinary Applications
What is the expected CAGR of the Canola Oil Market?
The Canola Oil Market is estimated to witness a CAGR of 2.8% from 2023 to 2031.
What are the driving factors impacting the Canola Oil Market?
The major factors driving the market are: Health-conscious consumer trends, Food processing industry growth, Biofuel demand and sustainability
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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1. Associated British Foods plc
2. EURL BENE HOLDING
3. JBK Manufacturing And Development Company
4. MASI Trading
5. Native Harvest
6. Pure Wesson
7. Radin Trading GmbH
8. Spectrum Organic Products, LLC
9. The Archer-Daniels-Midland Company
10. The J.M. Smucker Company
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