Market Research

Canola Oil Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 180 Pages Fortune Business Insights Pvt. Ltd. May, 2024 FOB18819978
Best Price Guarantee
Price from $4,850
Length 180 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date May, 2024
SKU FOB18819978

Canola Oil Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Canola Oil Market

The canola oil market size was valued at USD 36.09 billion in 2023, and the market is now projected to grow from USD 37.47 billion in 2024 to USD 51.10 billion by 2032, exhibiting a CAGR of 3.95% during the forecast period of 2024-2032.

COVID-19 did not have a great implication on the global market in so far as demand and production are concerned. Nevertheless, it is important to note that the overall market of vegetable oils also showed a decrease in its development in the first quarter of 2020 due to the problems in the logistics chain. However, these issues were managed and the correct steps were undertaken to advance the global canola oil market growth.

Rapeseed oil is one of the leading and the third largest edible cooking oils in the globe. It was accepted as rich in unsaturated fatty acids; and polyunsaturated fatty acids; which made it highly valuable from a nutritional point of view. Therefore, several restaurateurs are also working to introduce canola oil in their kitchen practices so that the market share of canola oil can expand. Due to the increasing proportion of the health-conscious population, there has been a huge demand for the use of such oils in several food products. The total cultivated land of Canada used for harvesting rapeseed oil is about 20 million acres in the western provinces of Ontario, Quebec, Alberta, and others. Furthermore, the market is likely to record an increase in growth because of a growing need for high nutritional fats that boost production. All these factors affect the canola oil market share globally.

On a worldwide scale, rapeseed oil became one of the most favored oil stocks for biodiesel production. The biodiesel derived from the edible rapeseed crops generally has a lower biodiesel gelling temperature than the biodiesel obtained from other sources. This characteristic makes it a good fuel for the colder regions. Producers have sent market new products in other packaging models such as cold-pressed rapeseed oil to accommodate this developing demand in the global market.

Comprehensive Analysis of Canola Oil Market

The current research on the canola oil market also indicates its description by nature as a set of organic and conventional products that satisfy the needs of consumers with food and environmentally friendly products. About the type of applications it serves, the canola oil is generally used in food processing industries, food services, and households, which demonstrates the common uses of canola oil in food preparation activities. Other applications also fall into the market as industrial purposes, thus, highlighting the widespread value and consumption of canola oil in various domains.

Canola oil has become one of the most important products in the markets of Asia Pacific valued at USD 20. 17 billion in 2022. In addition, many consumers in this region incorporate the use of rapeseed oil in their foods. Also, the high number of food processing firms in China and India propels its growth.

Louis Dreyfus Company (Netherlands), Cargill Incorporated (U.S.), Associated British Foods (U.K.), Archer Daniels Midland Company (U.S.), Wilmar International Ltd., (Singapore), Bunge Limited (U.S.), Jivo Wellness Pvt. Ltd., (India), American Vegetable Oils (U.S.), Highwood Crossing Foods (Canada), La Tourangelle(France) are some major players in this industry. These groups of companies who are leaders within the discipline offer a stage playing field for all their competitors as they guarantee increase and set requirements for the arena.

Cargill Incorporated is a U.S.-based company with plans for improving and expanding their oilseed crushing facilities at Newcastle, Narrabri, and Footscray involving investments worth approximately USD 50 million in April 2023.

Segmentation Table

Global Canola Oil Market Scope

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Growth Rate CAGR of 3.95% from 2024 to 2032

Segmentation By Nature, Application, and Region

By Nature

Organic

Conventional

By Application

Food Processing

Foodservice

Households

Others

By Geography North America (By Nature, Application, and Country)

- U.S. (By Nature)

- Canada (By Nature)

- Mexico (By Nature)

Europe (By Nature, Application, and Country)

- Germany (By Nature)

- France (By Nature)

- Belgium (By Nature)

- U.K. (By Nature)

- Rest of Europe (By Nature)

Asia Pacific (By Nature, Application, and Country)

- China (By Nature)

- India (By Nature)

- Japan (By Nature)

- Australia (By Nature)

- Rest of Asia Pacific (By Nature)

South America (By Nature, Application, and Country)

- Brazil (By Nature)

- Argentina (By Nature)

- Chile (By Nature)

- Rest of South America (By Nature)

Middle East & Africa (By Nature, Application, and Country)

- South Africa (By Nature)

- UAE (By Nature)

- Israel (By Nature)

 Rest of Middle East & Africa (By Nature)


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Electronic Components Market Key Players Market Share/Ranking, 2023
5. Global Electronic Components Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Type
5.2.1. Active Component
5.2.1.1. Diodes
5.2.1.2. Transistors
5.2.1.3. Integrated Circuit (IC)
5.2.1.4. Others (Emitters, Vacuum Tubes, etc.)
5.2.2. Passive Component
5.2.2.1. Resistor
5.2.2.2. Capacitor
5.2.2.3. Inductors
5.2.2.4. Others (Detectors, Antennas, etc.)
5.2.3. Electromechanical Component
5.2.3.1. Motor
5.2.3.2. Switches
5.2.3.3. Relays
5.2.3.4. Others (Terminal & Connectors, Cables, etc.)
5.3. By Industry
5.3.1. Telecommunication
5.3.2. Automotive
5.3.3. Industrial Machinery
5.3.4. Consumer Electronics
5.3.5. Healthcare
5.3.6. Others
5.4. By Region (USD)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East & Africa
5.4.5. South America
6. North America Electronic Components Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Type
6.2.1. Active Component
6.2.1.1. Diodes
6.2.1.2. Transistors
6.2.1.3. Integrated Circuit (IC)
6.2.1.4. Others
6.2.2. Passive Component
6.2.2.1. Resistor
6.2.2.2. Capacitor
6.2.2.3. Inductors
6.2.2.4. Others
6.2.3. Electromechanical Component
6.2.3.1. Motor
6.2.3.2. Switches
6.2.3.3. Relays
6.2.3.4. Others
6.3. By Industry
6.3.1. Telecommunication
6.3.2. Automotive
6.3.3. Industrial Machinery
6.3.4. Consumer Electronics
6.3.5. Healthcare
6.3.6. Others
6.4. By Country (USD)
6.4.1. United States
6.4.1.1. By Industry
6.4.2. Canada
6.4.2.1. By Industry
6.4.3. Mexico
6.4.3.1. By Industry
7. South America Electronic Components Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Type
7.2.1. Active Component
7.2.1.1. Diodes
7.2.1.2. Transistors
7.2.1.3. Integrated Circuit (IC)
7.2.1.4. Others
7.2.2. Passive Component
7.2.2.1. Resistor
7.2.2.2. Capacitor
7.2.2.3. Inductors
7.2.2.4. Others
7.2.3. Electromechanical Component
7.2.3.1. Motor
7.2.3.2. Switches
7.2.3.3. Relays
7.2.3.4. Others
7.3. By Industry
7.3.1. Telecommunication
7.3.2. Automotive
7.3.3. Industrial Machinery
7.3.4. Consumer Electronics
7.3.5. Healthcare
7.3.6. Others
7.4. By Country (USD)
7.4.1. Brazil
7.4.1.1. By Industry
7.4.2. Argentina
7.4.2.1. By Industry
7.4.3. Rest of South America
8. Europe Electronic Components Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Type
8.2.1. Active Component
8.2.1.1. Diodes
8.2.1.2. Transistors
8.2.1.3. Integrated Circuit (IC)
8.2.1.4. Others
8.2.2. Passive Component
8.2.2.1. Resistor
8.2.2.2. Capacitor
8.2.2.3. Inductors
8.2.2.4. Others
8.2.3. Electromechanical Component
8.2.3.1. Motor
8.2.3.2. Switches
8.2.3.3. Relays
8.2.3.4. Others
8.3. By Industry
8.3.1. Telecommunication
8.3.2. Automotive
8.3.3. Industrial Machinery
8.3.4. Consumer Electronics
8.3.5. Healthcare
8.3.6. Others
8.4. By Country (USD)
8.4.1. United Kingdom
8.4.1.1. By Industry
8.4.2. Germany
8.4.2.1. By Industry
8.4.3. France
8.4.3.1. By Industry
8.4.4. Italy
8.4.4.1. By Industry
8.4.5. Spain
8.4.5.1. By Industry
8.4.6. Russia
8.4.6.1. By Industry
8.4.7. Benelux
8.4.7.1. By Industry
8.4.8. Nordics
8.4.8.1. By Industry
8.4.9. Rest of Europe
9. Asia Pacific Electronic Components Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Type
9.2.1. Active Component
9.2.1.1. Diodes
9.2.1.2. Transistors
9.2.1.3. Integrated Circuit (IC)
9.2.1.4. Others
9.2.2. Passive Component
9.2.2.1. Resistor
9.2.2.2. Capacitor
9.2.2.3. Inductors
9.2.2.4. Others
9.2.3. Electromechanical Component
9.2.3.1. Motor
9.2.3.2. Switches
9.2.3.3. Relays
9.2.3.4. Others
9.3. By Industry
9.3.1. Telecommunication
9.3.2. Automotive
9.3.3. Industrial Machinery
9.3.4. Consumer Electronics
9.3.5. Healthcare
9.3.6. Others
9.4. By Country (USD)
9.4.1. China
9.4.1.1. By Industry
9.4.2. India
9.4.2.1. By Industry
9.4.3. Japan
9.4.3.1. By Industry
9.4.4. South Korea
9.4.4.1. By Industry
9.4.5. ASEAN
9.4.5.1. By Industry
9.4.6. Oceania
9.4.6.1. By Industry
9.4.7. Rest of Asia Pacific
10. Middle East & Africa Electronic Components Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Type
10.2.1. Active Component
10.2.1.1. Diodes
10.2.1.2. Transistors
10.2.1.3. Integrated Circuit (IC)
10.2.1.4. Others
10.2.2. Passive Component
10.2.2.1. Resistor
10.2.2.2. Capacitor
10.2.2.3. Inductors
10.2.2.4. Others
10.2.3. Electromechanical Component
10.2.3.1. Motor
10.2.3.2. Switches
10.2.3.3. Relays
10.2.3.4. Others
10.3. By Industry
10.3.1. Telecommunication
10.3.2. Automotive
10.3.3. Industrial Machinery
10.3.4. Consumer Electronics
10.3.5. Healthcare
10.3.6. Others
10.4. By Country (USD)
10.4.1. Turkey
10.4.1.1. By Industry
10.4.2. Israel
10.4.2.1. By Industry
10.4.3. GCC
10.4.3.1. By Industry
10.4.4. North Africa
10.4.4.1. By Industry
10.4.5. South Africa
10.4.5.1. By Industry
10.4.6. Rest of MEA
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. TDK Corporation
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. KYOCERA AVX Components Corporation.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Murata Manufacturing Co., Ltd.
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Panasonic Corporation
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Amphenol Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Littelfuse, Inc.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. TE Connectivity.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Vishay Intertechnology, Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Analog Devices Inc.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. SAMSUNG ELECTRO-MECHANICS
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
12. Key Takeaways

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