Research Expert: Sarah Overall
  • Published: Aug 2025
  • Pages: 150
  • SKU: IRTNTR45733

  • Latest News - Canola Oil Market: Conventional is expected to lead the Type segment during 2025-2029

    The Canola Oil Market is being driven by Increasing awareness of health benefits of canola oil among consumers

    The Canola Oil Market is expected to grow at a CAGR of 3.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6906 million. Canola oil serves as an alternative plasticizer in the rubber industry, providing advantages as an eco-friendly alternative to traditional petroleum-based options. Plasticizers are essential additives that improve polymer properties and processing characteristics, reducing viscosity and glass transition temperatures. Canola oil's high boiling point allows it to effectively enhance rubber compounds, enabling proper mixing and processing. As a sustainable and renewable resource, canola oil's adoption as a plasticizer contributes to the industry's environmental sustainability efforts. 

    Get more information on Canola Oil Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Type
      • Conventional
      • Organic
    • Application
      • Cooking
      • Industrial
    • Product Type
      • Processed
      • Virgin
      • Cold-pressed
      • Extracted
    • Geography
      • APAC
        • China
        • India
        • Japan
        • South Korea
      • Europe
        • Germany
        • UK
        • France
      • North America
        • Canada
        • US
      • South America
      • Middle East and Africa

    According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

    • Increasing awareness of health benefits of canola oil among consumers
    • Multiple applications of canola oil
    • Increasing emphasis on environmental-friendly and sustainable product packaging

    However, the market also witnesses some limitations, which are as follows:

    • Increasing demand for and popularity of substitute products
    • Challenges faced by canola oil companies in meeting retailer expectations
    • Limitations associated with genetically modified canola seeds

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    Market Scope in Canola Oil Market Research Report

    Market Scope

    Report Coverage

    Details

    Page number

    218

    Base year

    2024

    Historic period

    2019-2023

    Forecast period

    2025-2029

    Growth momentum & CAGR

    Accelerate at a CAGR of 3.3%

    Market growth 2025-2029

    USD 6906 million

    Market structure

    fragmentation

    YoY growth 2024-2025(%)

    3.2

    Key countries

    China, US, Germany, UK, Japan, France, Canada, India, South Korea, Russia, US, Canada, China, India, and Russia

    Competitive landscape

    Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

    Find out which segment is leading the market by accessing the free PDF report

    Research Analysis Overview

    The Canola Oil Market encompasses various processes in canola seed transformation, including canola seed processing for canola meal production and canola oil extraction. Canola oil undergoes derivatives like hydrogenation, interesterification, fractionation, winterization, degumming, deodorization, and bleaching for improved stability and viscosity. Canola meal generates valuable byproducts, while biotechnology advances enhance oil production and quality.

    Market Research Overview

    The global canola oil market encompasses businesses engaged in the production, refining, extraction, processing, and filtration of canola oil. The market's size is determined by the consolidated revenue generated by these entities. This market segment excludes manufacturers of food processing equipment and producers of packaged alcoholic and non-alcoholic beverages, excluding mineral waters. The expansion of the global canola oil market will be fueled by the health benefits linked to the consumption of minimally processed foods, such as canola oil, which are rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

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