カノーラ油市場レポート：用途、包装、地域別、2024年～2032年

世界のカノーラ油市場規模は2023年に2,880万トンに達しました。IMARC Groupは、2024年から2032年までの成長率（CAGR）は1.1%で、2032年には3,220万トンに達すると予測しています。同市場は、食生活の目標に沿った食品を求める個人の嗜好の高まり、環境と持続可能性への関心の高まり、様々な料理用途でのカノーラ油の使用の増加などを背景に、着実な成長を遂げています。

カノーラ油市場の分析：

市場の成長と規模：カノーラ油の調理への常用に伴う健康上の利点により、市場は安定した成長を遂げています。

技術の進歩：抽出方法と精製プロセスにおける革新は、カノーラ油の生産効率を改善し、コストを削減し、製品の品質を向上させています。

産業用途：カノーラ油は、飽和脂肪分が低く、発煙点が高いため、家庭用調理にも食品加工産業にも広く使用されています。

地域別動向：ホテル、レストラン、その他の外食産業の拡大により、欧州が市場をリードしています。しかし、アジア太平洋地域は、人口の増加と飲食品（F&B）産業の拡大に牽引され、急成長市場として浮上しています。

競合情勢：同市場は、主要プレーヤーが技術革新、M&A（合併・買収）、世界展開に注力する激しい競争を特徴としています。これらの戦略は、製品ポートフォリオを強化し、業界の特定のニーズを満たし、進化する市場の課題に対処することを目的としています。

課題と機会：市場は、作柄の変動による価格変動や他の植物油との競合などの課題に直面する一方で、より健康的な食用油への嗜好の高まりから機会にも恵まれています。

将来の展望：消費者の健康志向の高まりにより、カノーラ油市場は安定した成長が見込まれます。持続可能で有機的な生産方法は、業界の将来を形作る上で重要な役割を果たすと思われます。

カノーラ油市場の動向：

健康とウェルネスへの意識

大衆の間で健康とウェルネスに対する意識が高まっていることは、市場成長に寄与する主な要因の一つです。加えて、食生活の目標に沿った食品を求める個人の嗜好も高まっています。カノーラ油は飽和脂肪分が低いことで有名で、心臓に優しい選択肢となっています。オメガ3脂肪酸を含む一価不飽和脂肪酸と多価不飽和脂肪酸の割合が高いです。また、カノーラ油の高い発煙点とニュートラルな風味は、台所での用途を広げます。揚げ物、炒め物、焼き物など、さまざまな調理法に適しており、食材を壊したり、不要な風味を付けたりすることもないです。これに伴い、非遺伝子組み換えや有機栽培のカノーラ油の需要が高まっており、市場の成長を強化しています。これらの製品は、自然で持続可能な選択肢を求める人々の共感を呼び、市場の成長をさらに促進しています。さらに、不健康な食事パターンによる心血管疾患の有病率の上昇が、カノーラ油の需要を促進しています。

持続可能性と責任ある調達

大衆の間で環境と持続可能性への関心が高まっていることが、自然栽培・自然生産の製品に対する需要を喚起しています。個人や業界の利害関係者は、作物の栽培から加工、包装に至るまで、環境に責任ある慣行を採用することにますます重点を置くようになっています。これに伴い、業界の多くの大手企業は、持続可能な認証カノーラ油の普及に大きく前進しています。これには、持続可能なパーム油に関する円卓会議（RSPO）や持続可能なバイオマテリアルに関する円卓会議（RSB）のような持続可能性基準の遵守が含まれ、サプライチェーン全体を通じて環境的に責任ある、社会的に倫理的な慣行を保証しています。また、責任ある土地管理、効率的な水利用、エネルギー効率の高い加工技術など、カノーラ油生産における環境フットプリントの削減にも注力しています。さらに、消費者の期待に応えるため、リサイクル可能な素材やプラスチック使用量の削減など、環境に優しいパッケージングを模索している企業もあります。

多様な料理用途と世界の料理動向

飲食品（F&B）産業の継続的な成長と、様々な料理用途でのカノーラ油の使用の増加が、市場の成長を強化しています。カノーラ油の高い発煙点とマイルドな風味は、揚げ物から炒め物まで幅広い調理法に適しています。そのニュートラルな味は、食材の自然な風味を邪魔することなく、多様な料理を引き立てることができます。これに加え、カノーラ油をよく使うアジア料理や地中海料理の人気が高まっていることも、カノーラ油が世界的に受け入れられる要因となっています。これらの料理では、心臓に良い脂肪の使用と、カノーラ油の特性に沿った調理法が強調されています。これに伴い、植物ベースの食事が広く普及し、より健康的な油脂を食事に取り入れることが重視されるようになっているため、市場の見通しは良好です。カノーラ油は、菜食主義者、ベジタリアン、地中海食や高血圧予防食（DASH食）を実践している人々に好まれています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界の植物油産業

• 市場概要
• 市場実績
  • 数量動向
  • 金額動向
• 市場内訳：地域別
• 市場内訳：最終用途別
• 市場内訳：油種別
• 市場予測

第6章 カノーラ油の世界市場

• 市場概要
• 市場実績
  • 数量動向
  • 金額動向
• COVID-19の影響
• 価格分析
  • 主な価格指標
  • 価格構造
  • 価格動向
• 市場内訳：地域別
• 市場内訳：用途別
• 市場内訳：包装別
• 市場予測
• SWOT分析
  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威
• バリューチェーン分析
• ポーターのファイブフォース分析
  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • ライバルの度合い
  • 新規参入業者の脅威
  • 代替品の脅威
• 市場促進要因・課題

第7章 主要地域の実績

• アジア太平洋地域
  • 市場動向
  • 市場予測
• 北米
  • 市場動向
  • 市場予測
• 欧州
  • 市場動向
  • 市場予測
• 中東・アフリカ地域
  • 市場動向
  • 市場予測
• ラテンアメリカ
  • 市場動向
  • 市場予測

第8章 実績：用途別

• 調理
  • 市場動向
  • 市場予測
• 加工食品
  • 市場動向
  • 市場予測
• 潤滑油
  • 市場動向
  • 市場予測
• パーソナルケア
  • 市場動向
  • 市場予測
• バイオ燃料
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第9章 内訳：包装別

• 缶
  • 市場動向
  • 市場予測
• ドラム
  • 市場動向
  • 市場予測
• ボトル
  • 市場動向
  • 市場予測
• パウチ
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第10章 競合情勢

• 競合構造
• 市場内訳：主要プレーヤー別

第11章 カノーラ油の製造工程

• 製品概要
• 詳細なプロセスフロー
• 様々なユニットオペレーション
• マスバランスと原料要件

第12章 プロジェクトの詳細、必要条件、関連コスト

• 土地要件と費用
• 建設要件と費用
• 工場機械
• 機械写真
• 原材料の要件と支出
• 原材料と最終製品の写真
• 包装の要件と支出
• 輸送の要件と支出
• ユーティリティの要件と支出
• 人員要件と支出
• その他の設備投資

第13章 融資と資金援助

第14章 プロジェクトの経済性

• プロジェクトの資本コスト
• 技術経済的パラメーター
• サプライチェーンの各段階における製品価格とマージン
• 課税と減価償却
• 収入予測
• 支出予測
• 財務分析
• 利益分析

第15章 主要企業のプロファイル

• Archer Daniels Midland (ADM) Company
• Bunge Limited
• Cargill Inc.
• Associated British Foods plc
• Jivo Wellness Pvt. Ltd.
• Arla Foods AmbA
• Richardson International Limited
• The J.M. Smucker Company
• Wilmar International Inc

List of Figures

• Figure 1: Global: Canola Oil Market: Key Drivers and Challenges
• Figure 2: Global: Vegetable Oil Market: Production Volume (in Million Tons), 2018-2023
• Figure 3: Global: Vegetable Oil Market: Consumption Volume (in Million Tons), 2018-2023
• Figure 4: Global: Vegetable Oil Market: Consumption Value (in Billion US$), 2018-2023
• Figure 5: Global: Vegetable Oil Market: Breakup by Region (in %), 2023
• Figure 6: Global: Vegetable Oil Market: Breakup by End Use (in %), 2023
• Figure 7: Global: Vegetable Oil Market: Breakup by Oil Type (in %), 2023
• Figure 8: Global: Vegetable Oil Market Forecast: Consumption Volume (in Million Tons), 2024-2032
• Figure 9: Global: Vegetable Oil Market Forecast: Consumption Value (in Billion US$), 2024-2032
• Figure 10: Global: Canola Oil Market: Volume Trends (in Million Tons), 2018-2023
• Figure 11: Global: Canola Oil Market: Value Trends (in Billion US$), 2018-2023
• Figure 12: Global: Canola Oil Market: Average Prices (US$/Ton), 2018-2032
• Figure 13: Canola Oil Market: Price Structure
• Figure 14: Global: Canola Oil Market: Breakup by Region (in %), 2023
• Figure 15: Global: Canola Oil Market: Breakup by Application (in %), 2023
• Figure 16: Global: Canola Oil Market: Breakup by Packaging (in %), 2023
• Figure 17: Global: Canola Oil Market Forecast: Volume Trends (in Million Tons), 2024-2032
• Figure 18: Global: Canola Oil Market Forecast: Value Trends (in Billion US$), 2024-2032
• Figure 19: Global: Canola Oil Industry: SWOT Analysis
• Figure 20: Global: Canola Oil Industry: Value Chain Analysis
• Figure 21: Global: Canola Oil Industry: Porter's Five Forces Analysis
• Figure 22: Asia Pacific: Canola Oil Market (in Million Tons), 2018 & 2023
• Figure 23: Asia Pacific: Canola Oil Market Forecast (in Million Tons), 2024-2032
• Figure 24: North America: Canola Oil Market (in Million Tons), 2018 & 2023
• Figure 25: North America: Canola Oil Market Forecast (in Million Tons), 2024-2032
• Figure 26: Europe: Canola Oil Market (in Million Tons), 2018 & 2023
• Figure 27: Europe: Canola Oil Market Forecast (in Million Tons), 2024-2032
• Figure 28: Middle East and Africa: Canola Oil Market (in Million Tons), 2018 & 2023
• Figure 29: Middle East and Africa: Canola Oil Market Forecast (in Million Tons), 2024-2032
• Figure 30: Latin America: Canola Oil Market (in Million Tons), 2018 & 2023
• Figure 31: Latin America: Canola Oil Market Forecast (in Million Tons), 2024-2032
• Figure 32: Global: Canola Oil Market (Application in Cooking): Volume Trends (in Million Tons), 2018 & 2023
• Figure 33: Global: Canola Oil Market Forecast (Application in Cooking): Volume Trends (in Million Tons), 2024-2032
• Figure 34: Global: Canola Oil Market (Application in Processed Foods): Volume Trends (in Million Tons), 2018 & 2023
• Figure 35: Global: Canola Oil Market Forecast (Application in Processed Foods): Volume Trends (in Million Tons), 2024-2032
• Figure 36: Global: Canola Oil Market (Application in Lubricants): Volume Trends (in Million Tons), 2018 & 2023
• Figure 37: Global: Canola Oil Market Forecast (Application in Lubricants): Volume Trends (in Million Tons), 2024-2032
• Figure 38: Global: Canola Oil Market (Application in Personal Care): Volume Trends (in Million Tons), 2018 & 2023
• Figure 39: Global: Canola Oil Market Forecast (Application in Personal Care): Volume Trends (in Million Tons), 2024-2032
• Figure 40: Global: Canola Oil Market (Application in Biofuels): Volume Trends (in Million Tons), 2018 & 2023
• Figure 41: Global: Canola Oil Market Forecast (Application in Biofuels): Volume Trends (in Million Tons), 2024-2032
• Figure 42: Global: Canola Oil Market (Other Applications): Volume Trends (in Million Tons), 2018 & 2023
• Figure 43: Global: Canola Oil Market Forecast (Other Applications): Volume Trends (in Million Tons), 2024-2032
• Figure 44: Global: Canola Oil Market (Cans Packaging): Volume Trends (in Million Tons), 2018 & 2023
• Figure 45: Global: Canola Oil Market Forecast (Cans Packaging): Volume Trends (in Million Tons), 2024-2032
• Figure 46: Global: Canola Oil Market (Drums Packaging): Volume Trends (in Million Tons), 2018 & 2023
• Figure 47: Global: Canola Oil Market Forecast (Drums Packaging): Volume Trends (in Million Tons), 2024-2032
• Figure 48: Global: Canola Oil Market (Bottles Packaging): Volume Trends (in Million Tons), 2018 & 2023
• Figure 49: Global: Canola Oil Market Forecast (Bottles Packaging): Volume Trends (in Million Tons), 2024-2032
• Figure 50: Global: Canola Oil Market (Pouch Packaging): Volume Trends (in Million Tons), 2018 & 2023
• Figure 51: Global: Canola Oil Market Forecast (Pouch Packaging): Volume Trends (in Million Tons), 2024-2032
• Figure 52: Global: Canola Oil Market (Other Packaging): Volume Trends (in Million Tons), 2018 & 2023
• Figure 53: Global: Canola Oil Market Forecast (Other Packaging): Volume Trends (in Million Tons), 2024-2032
• Figure 54: Global: Canola Oil Market: Breakup by Key Players (%)
• Figure 55: Canola Oil Manufacturing: Detailed Process Flow
• Figure 56: Canola Oil Manufacturing: Conversion Rate of Feedstocks
• Figure 57: Canola Oil Manufacturing: Breakup of Capital Costs (in %)
• Figure 58: Canola Oil Industry: Profit Margins at Various Levels of the Supply Chain
• Figure 59: Canola Oil Manufacturing: Operational Cost Breakup (in %)

List of Tables

• Table 1: Global: Vegetable Oil Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Canola Oil Market: Key Industry Highlights, 2023 and 2032
• Table 3: Global: Canola Oil Market Forecast: Breakup by Region (in Million Tons), 2024-2032
• Table 4: Global: Canola Oil Market Forecast: Breakup by Application (in Million Tons), 2024-2032
• Table 5: Global: Canola Oil Market Forecast: Breakup by Packaging (in Million Tons), 2024-2032
• Table 6: Global: Canola Oil Market: Competitive Structure
• Table 7: Global: Canola Oil Market: Key Players
• Table 8: Canola Oil Manufacturing Plant: Costs Related to Land and Site Development (in US$)
• Table 9: Canola Oil Manufacturing Plant: Costs Related to Civil Works (in US$)
• Table 10: Canola Oil Manufacturing Plant: Machinery Costs (in US$)
• Table 11: Canola Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditure (US$/Ton)
• Table 12: Canola Oil Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
• Table 13: Canola Oil Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
• Table 14: Details of Financial Assistance Offered by Financial Institutions
• Table 15: Canola Oil Manufacturing Plant: Capital Costs (in US$)
• Table 16: Canola Oil Manufacturing Plant: Techno-Economic Parameters
• Table 17: Canola Oil Manufacturing Plant: Taxation and Depreciation
• Table 18: Canola Oil Manufacturing Plant: Income Projections (in US$)
• Table 19: Canola Oil Manufacturing Plant: Expenditure Projections (in US$)
• Table 20: Canola Oil Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
• Table 21: Canola Oil Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
• Table 22: Canola Oil Manufacturing Plant: Profit and Loss Account (in US$)

Abstract

The global canola oil market size reached 28.8 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 32.2 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.1% during 2024-2032. The market is experiencing steady growth driven by rising preferences of individuals for food products that align with their dietary goals, the growing environmental and sustainability concerns, and the increasing use of canola oil in various culinary applications.

Canola Oil Market Analysis:

Market Growth and Size: The market is witnessing consistent growth, driven by the health benefits associated with the regular use of canola oil in cooking.

Technological Advancements: Innovations in extraction methods and refining processes are improving canola oil production efficiency, reducing costs and enhancing product quality.

Industry Applications: Canola oil is widely used in both household cooking and the food processing industry due to its low saturated fat content and high smoking point.

Geographical Trends: Europe leads the market on account of the expansion of hotels, restaurants, and other foodservice establishments. However, Asia Pacific is emerging as a fast-growing market, driven by the expanding population and the expansion of the food and beverage (F&B) industry.

Competitive Landscape: The market is characterized by intense competition with key players focusing on innovation, mergers and acquisitions (M&A), and expanding their global footprint. These strategies aim to enhance product portfolios, meet specific industry needs, and address the challenges of an evolving market.

Challenges and Opportunities: While the market faces challenges, such as price volatility, due to crop fluctuations and competition from other vegetable oils, it also encounters opportunities on account of rising preferences for healthier cooking oils.

Future Outlook: The canola oil market is expected to grow steadily, driven by increasing health-consciousness among consumers. Sustainable and organic production practices will play a crucial role in shaping the future of the industry.

Canola Oil Market Trends:

Health and Wellness Consciousness

The increasing awareness about health and wellness among the masses represents one of the primary factors contributing to the market growth. In addition, the rising preferences of individuals for food products that align with their dietary goals. Canola oil is renowned for its low saturated fat content, making it a heart-healthy option. It contains a high proportion of monounsaturated and polyunsaturated fats, including omega-3 fatty acids. Along with this, the high smoking point and neutral flavor of canola oil make it versatile in the kitchen. It is suitable for various cooking methods, including frying, sauteing, and baking, without breaking down or imparting unwanted flavors to the food. In line with this, the escalating demand for non-GMO and organic canola oil offerings is strengthening the growth of the market. These products resonate with those seeking natural and sustainable options, further driving market growth. Moreover, the rising prevalence of cardiovascular diseases due to unhealthy dietary patterns is driving the demand for canola oil.

Sustainability and Responsible Sourcing

The growing environmental and sustainability concerns among the masses is catalyzing the demand for naturally grown and produced products. Individuals and industry stakeholders are increasingly focusing on adopting environmentally responsible practices, from crop cultivation to processing and packaging. Along with this, many major players in the industry are making significant strides in promoting certified sustainable canola oil. This includes adherence to sustainability standards, such as the Roundtable on Sustainable Palm Oil (RSPO) and Roundtable on Sustainable Biomaterials (RSB), to ensure environmentally responsible and socially ethical practices throughout the supply chain. They are also focusing on reducing the environmental footprint of canola oil production, including responsible land management, efficient water usage, and energy-efficient processing techniques. Moreover, several companies are exploring eco-friendly packaging options, such as recyclable materials and reduced plastic use, to align their products with consumer expectations.

Diverse Culinary Applications and Global Cuisine Trends

The continuous growth of the food and beverage (F&B) industry and the increasing use of canola oil in various culinary applications are strengthening the growth of the market. The high smoking point and mild flavor of canola oil make it suitable for a wide range of cooking techniques, from deep-frying to stir-frying. Its neutral taste allows it to complement diverse cuisines without overpowering the natural flavors of the ingredients. Along with this, the rising popularity of Asian and Mediterranean cuisines, which often utilize canola oil, is contributing to its global acceptance. These cuisines emphasize the use of heart-healthy fats and cooking methods that align with the properties of canola oil. In line with this, the widespread adoption of plant-based diets and the growing emphasis on incorporating healthier fats into meals is offering a favorable market outlook. It is a preferred choice for vegans, vegetarians, and those following Mediterranean or dietary approaches to stop hypertension (DASH) diets.

Canola Oil Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on application and packaging.

Breakup by Application:

Cooking

Processed Foods

Lubricants

Personal Care

Biofuels

Others

Cooking accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the application. This includes cooking, processed foods, lubricants, personal care, biofuels, and others. According to the report, cooking represented the largest segment.

Canola oil is widely used for cooking due to its high smoking point and neutral flavor. It is a preferred choice for frying, sauteing, and baking. Its low saturated fat content and heart-healthy profile make it a popular option among health-conscious consumers. Its versatility in various culinary applications positions it as a staple in kitchens worldwide.

In the food processing industry, canola oil is a valuable ingredient in products like snacks, salad dressings, and margarine. Its neutral taste allows it to blend seamlessly with other ingredients, while its health benefits align with the demand for healthier processed foods.

The lubricating properties of canola oil make it suitable for industrial and mechanical applications. It serves as a biodegradable and environmentally friendly alternative to traditional petroleum-based lubricants, particularly in agricultural and automotive industries.

Canola oil finds applications in personal care products, such as cosmetics, skincare, and haircare. Its moisturizing and skin-nourishing properties make it a component in various beauty formulations, contributing to its presence in the personal care sector.

Canola oil is a feedstock for biodiesel production, contributing to the biofuels industry. It undergoes a conversion process into biodiesel, serving as a renewable and sustainable energy source, reducing greenhouse gas emissions in the transportation sector.

Breakup by Packaging:

Cans

Drums

Bottles

Pouches

Others

Drums hold the largest share of the market

A detailed breakup and analysis of the market based on the packaging have also been provided in the report. This includes cans, drums, bottles, pouches, and others. According to the report, drums accounted for the largest market share.

Canola oil packaged in cans is a common choice, particularly for bulk and commercial use. These cans vary in size, from small to industrial-sized containers, making them suitable for both household and foodservice applications. Cans provide excellent protection against light and air, preserving the quality and shelf life of oil. They are often preferred for their convenience and recyclability, making them an eco-friendly packaging option.

Drums are typically used for large-scale industrial purposes, such as the food processing industry and the manufacture of biofuels and lubricants. These bulk containers can hold a significant volume of canola oil, reducing the need for frequent refills in high-demand settings. Drums are designed for efficiency and ease of transport, ensuring a steady supply for manufacturing processes.

Bottles are a popular choice for retail and household consumers. Canola oil in bottles comes in various sizes, from small glass bottles to larger plastic ones. These containers offer convenience, allowing consumers to pour or measure the oil easily. Clear bottles provide visibility of the product, while dark bottles protect against light exposure, preserving the freshness. Bottles are ideal for cooking and salad dressing applications.

Pouches are a flexible and lightweight packaging option gaining popularity in the canola oil market. They are convenient for consumers seeking single-use or travel-sized portions of canola oil. Pouches are easy to store and carry, making them suitable for on-the-go use. Additionally, they are often resealable, helping to maintain the oil quality and preventing spills.

Breakup by Region:

Asia Pacific

North America

Europe

Middle East and Africa

Latin America

Europe exhibits a clear dominance, accounting for the largest canola oil market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. According to the report, Europe accounted for the largest market share.

Canola oil is gaining traction in Europe, with countries like Germany and France witnessing increased consumption. The popularity stems from its health benefits, particularly its heart-healthy attributes and versatility in cooking. Apart from this, the regulatory support for sustainable agriculture and transparent labeling further promotes the market for certified sustainable canola oil. Moreover, the rising preferences of individuals for non-genetically modified organisms (GMO) and organic options are leading to diversification in product offerings. Furthermore, as health-consciousness continues to rise, canola oil is likely to maintain its upward trajectory in the European market, where consumers are increasingly opting for healthier cooking oils.

Asia Pacific is a significant player in the global canola oil market, driven by populous countries like China and India. In these nations, the growing health consciousness and the quest for healthier dietary options have led to an increased consumption of canola oil. Rapid urbanization, changing lifestyles, and versatile culinary applications contribute to the rising demand. The canola oil market in Asia Pacific is characterized by both domestic production and imports, with consumers favoring this heart-healthy oil for its neutral taste and high smoking point. As the region continues to experience economic growth, the canola oil market is poised for expansion, especially in emerging markets.

North America, notably Canada, stands out as a key producer and exporter of canola oil globally. Canola fields stretching across the Canadian prairies are securing the nation position as a major supplier. The market in North America is driven by a steady demand for canola oil in households and the food processing industry. Health-conscious consumers appreciate its low saturated fat content and suitability for various cooking methods. Moreover, there is a growing emphasis on sustainable and responsible sourcing practices, aligning with the trend toward environmentally friendly products. The continued focus of the region on quality and innovation ensures a strong presence for canola oil in both domestic and international markets.

In the Middle East and Africa, the canola oil market is experiencing growth as consumers seek healthier cooking alternatives. Traditional cooking oils are gradually being replaced by canola oil, driven by heightened health awareness and urbanization. The region offers significant investment opportunities, with potential for local production to meet the rising demand. Canola oil has a mild flavor and high smoking point, make it suitable for the diverse cuisines of the region. As dietary preferences evolve and consumers increasingly prioritize health, the Middle East and Africa are poised to become emerging markets in the canola oil industry.

Latin America is experiencing continuous rise in canola oil consumption, with countries like Brazil and Argentina at the forefront. Health-conscious consumers are turning to canola oil for its heart-healthy profile and versatility in cooking. In addition, the agricultural potential of the country presents opportunities for local canola oil production, reducing dependence on imports. As consumers in Latin America continue to seek healthier dietary options, the canola oil market is expected to grow, making it an attractive market for both domestic and international producers. With the right strategies, companies can tap into this rising demand and expand their presence in the Latin American market.

Leading Key Players in the Canola Oil Industry:

The key players in the market are investing in research and development (R&D) activities to enhance canola crop yields, improve processing methods, and reduce the environmental footprint of canola oil production. Additionally, they are exploring novel applications for canola oil in the personal care and industrial sectors, diversifying their product range. Along with this, they are emphasizing quality control in their production processes, ensuring consistency and purity in their canola oil offerings. Apart from this, smaller canola oil producers and organic brands are gaining market share by focusing on transparency and niche markets. They offer non-GMO and organic canola oil options, catering to health-conscious and environmentally conscious consumers. Moreover, some major players are investing in research and partnerships to advance the use of canola oil in the biofuels sector, aligning with sustainability goals and reducing carbon emissions in the transportation industry.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Archer Daniels Midland (ADM) Company

Bunge Limited

Cargill Inc.

Associated British Foods plc

Jivo Wellness Pvt. Ltd.

Arla Foods AmbA

Richardson International Limited

The J.M. Smucker Company

Wilmar International Inc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

May 2023: Bunge Limited and Chevron's Renewable Energy Group Inc., a subsidiary of Chevron Corporation, acquired Chacraservicios S.r.l., based in Argentina, from the Italian-based Adamant Group to add a new oil source in Bunge and Chevron's global supply chains. This is anticipated to help both companies meet the growing demand for lower carbon renewable feedstocks.

May 2023: Archer Daniels Midland (ADM) Company announced the acquisition of Prairie Pulse Inc., owners of a pulse crop cleaning, milling, and packaging facility in Vanscoy, Saskatchewan, Canada.

April 2023: Cargill Inc. announced an investment of US$50 million to upgrade and expand its Newcastle, Narrabri, and Footscray oilseed crush facilities to meet the rising demand from customers for canola and cottonseed products.

Key Questions Answered in This Report

• 1. What was the size of the global canola oil market in 2023?
• 2. What is the expected growth rate of the global canola oil market during 2024-2032?
• 3. What are the key factors driving the global canola oil market?
• 4. What has been the impact of COVID-19 on the global canola oil market?
• 5. What is the breakup of the global canola oil market based on the application?
• 6. What is the breakup of the global canola oil market based on the packaging?
• 7. What are the key regions in the global canola oil market?
• 8. Who are the key players/companies in the global canola oil market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Vegetable Oil Industry

• 5.1 Market Overview
• 5.2 Market Performance
  • 5.2.1 Volume Trends
  • 5.2.2 Value Trends
• 5.3 Market Breakup by Region
• 5.4 Market Breakup by End-Use
• 5.5 Market Breakup by Oil Type
• 5.6 Market Forecast

6 Global Canola Oil Market

• 6.1 Market Overview
• 6.2 Market Performance
  • 6.2.1 Volume Trends
  • 6.2.2 Value Trends
• 6.3 Impact of COVID-19
• 6.4 Price Analysis
  • 6.4.1 Key Price Indicators
  • 6.4.2 Price Structure
  • 6.4.3 Price Trends
• 6.5 Market Breakup by Region
• 6.6 Market Breakup by Application
• 6.7 Market Breakup by Packaging
• 6.8 Market Forecast
• 6.9 SWOT Analysis
  • 6.9.1 Overview
  • 6.9.2 Strengths
  • 6.9.3 Weaknesses
  • 6.9.4 Opportunities
  • 6.9.5 Threats
• 6.10 Value Chain Analysis
• 6.11 Porters Five Forces Analysis
  • 6.11.1 Overview
  • 6.11.2 Bargaining Power of Buyers
  • 6.11.3 Bargaining Power of Suppliers
  • 6.11.4 Degree of Rivalry
  • 6.11.5 Threat of New Entrants
  • 6.11.6 Threat of Substitutes
• 6.12 Key Market Drivers and Challenges

7 Performance of Key Regions

• 7.1 Asia Pacific
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 North America
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Europe
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Middle East and Africa
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Latin America
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Performance by Application

• 8.1 Cooking
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Processed Foods
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Lubricants
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Personal Care
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Biofuels
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Others
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast

9 Breakup by Packaging

• 9.1 Cans
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Drums
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Bottles
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Pouches
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Others
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast

10 Competitive Landscape

• 10.1 Competitive Structure
• 10.2 Market Breakup by Key Players

11 Canola Oil Manufacturing Process

• 11.1 Product Overview
• 11.2 Detailed Process Flow
• 11.3 Various Types of Unit Operation Involved
• 11.4 Mass Balance and Raw Material Requirements

12 Project Details, Requirements and Costs Involved

• 12.1 Land Requirements and Expenditures
• 12.2 Construction Requirements and Expenditures
• 12.3 Plant Machinery
• 12.4 Machinery Pictures
• 12.5 Raw Material Requirements and Expenditures
• 12.6 Raw Material and Final Product Pictures
• 12.7 Packaging Requirements and Expenditures
• 12.8 Transportation Requirements and Expenditures
• 12.9 Utility Requirements and Expenditures
• 12.10 Manpower Requirements and Expenditures
• 12.11 Other Capital Investments

13 Loans and Financial Assistance

14 Project Economics

• 14.1 Capital Cost of the Project
• 14.2 Techno-Economic Parameters
• 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
• 14.4 Taxation and Depreciation
• 14.5 Income Projections
• 14.6 Expenditure Projections
• 14.7 Financial Analysis
• 14.8 Profit Analysis

15 Key Players Profiles

• 15.1 Archer Daniels Midland (ADM) Company
• 15.2 Bunge Limited
• 15.3 Cargill Inc.
• 15.4 Associated British Foods plc
• 15.5 Jivo Wellness Pvt. Ltd.
• 15.6 Arla Foods AmbA
• 15.7 Richardson International Limited
• 15.8 The J.M. Smucker Company
• 15.9 Wilmar International Inc