Global Canola Oil Market 2024-2028
The canola oil market is forecasted to grow by USD 5.54 bn during 2023-2028, accelerating at a CAGR of 3.04% during the forecast period. The report on the canola oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness of health benefits of canola oil among consumers, multiple applications of canola oil, and increasing emphasis on environmental-friendly and sustainable product packaging.
Technavio's canola oil market is segmented as below:
By Type
By Application
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the use of canola oil in plasticizers and adhesives as one of the prime reasons driving the canola oil market growth during the next few years. Also, increasing use of natural canola oil blends and flavored canola oil and growing influence of online retailing will lead to sizable demand in the market.
The report on the canola oil market covers the following areas:
- Canola oil market sizing
- Canola oil market forecast
- Canola oil market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading canola oil market vendors that include Adams Group, American Vegetable Oils Inc., Archer Daniels Midland Co., Associated British Foods Plc, B and G Foods Inc., Borges International Group SLU, Bunge Ltd., Cargill Inc., CHS Inc., GrainCorp Ltd., Highwood Crossing Foods Ltd., Jivo Wellness Pvt. Ltd., Louis Dreyfus Co. BV, Parrish and Heimbecker Ltd., Paterson GlobalFoods Inc., Richardson International Ltd., Sunora Foods Inc., TITAN OILS Inc., Viterra Ltd., and Wilmar International Ltd.. Also, the canola oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.