Canola Oil Market: Global Industry Trends, Growth, Share, Demand By Region and Forecast 2018-2023

Global Canola Oil Market Research Report, Share, Size, Trends and Forecast Till 2023

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations.

Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Canola Oil Market Report By Application (Cooking, Processed Foods, Lubricants, Personnel Care, Biofuels and Others) Packaging (Cans, Drums, Bottles, Pouch and Others), Region Over the recent years, the global canola oil market has been growing at a healthy rate. Some of the factors which are giving impetus to the market include several health benefits as well as rising applications in the food and non-food sector.

Market Overview: Canola oil refers to a vegetable oil which is acquired from a bright yellow flower of rapeseed. Its emergence can be accredited to the rising need of a cost-effective and healthy oil, particularly in the food industry. This is due to the fact that, in comparison with other oils, canola oil encompasses a significant amount of monosaturated fats. Moreover, canola oil is regarded as a great source of biodiesel. A new research report by IMARC Group, titled “Canola Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global canola oil market reached a volume exceeding 30 Million Tons in 2017. The report further projects the market to reach a volume of more than 40 Million Tons by 2023, at a CAGR of approximately 6% over the forecast period.

Report Description and Highlights

Report Description

Global Canola Oil Market Drivers/Constraints: •

• • •

Canola oil is trans-fat free in nature and encompasses only small amounts of saturated fats.

As a result, it offers various health benefits such as lowering cholesterol, boosting heart health, improving brain function and preventing type-2 diabetes. This represents a major catalyst for the growth of the global canola oil market.

There has been an expansion in the applications of canola oil in the food industry where it is used for stir-frying, grilling, baking, sautéing, salad dressing and shortening. This is augmenting the demand for canola oil across the globe.

Moreover, canola oil finds applications in the non-food sector which is further proliferating the market growth. Canola oil is used for preparing plasticisers so as to provide higher velocity as well as in skincare and hair care products for imparting softening properties.

However, excess consumption of canola oil can increase the intake of unhealthy trans-fat.

Apart from this, canola oil has a higher price point in comparison with other oils. This acts as one of the vital factors which is hindering the growth of the canola oil market.

Canola Oil Market Segmentation: Request for a sample report: https://www.imarcgroup.com/request?type=report&id=820&flag=B

Market Forecast

Sample Figure: Global: Canola Oil Market Forecast: Consumption Volume (in Million Tons), 2018 - 2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description Market Breakup by Application o o o o o o

Cooking Processed Foods Lubricants Personnel Care Biofuels Others

Based on application, the market has been segregated as cooking, processed foods, lubricants, personnel care, biofuels and others. Presently, cooking and processed foods exhibit a clear dominance in the market, followed by non-food applications.

Market Breakup by Packaging • • • •

Cans Drums Bottles Pouch

For more information, click here: https://www.imarcgroup.com/canola-oil-market

Market Segmentation

Report Description •

Others

On the basis of packaging, the market has been segregated as cans, drums, bottles, pouch and others.

Amongst these, drums account for the majority of the total market share.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Latin America Middle East and Africa

On a geographical front, Europe enjoys a leading position in the global canola oil market, on account of a strong demand in the region. Europe is followed by Asia Pacific, North America, Middle East and Africa, and Latin America.

Competitive Landscape: The market is moderately fragmented with the presence of both small as well large manufacturers who are competing in terms of prices and quality.

Regional Segmentation

North America

Europ e

Asia- Pacific

Latin America

Middle East and Africa

Market Segmentation

Report Description

There is a tough competition in the market which makes it difficult for small players to enter. Some of the leading players operating in the market are: • • • • •

Archer Daniels Midland Bunge Limited Cargill Inc. James Richardson International Louis Dreyfus Company

In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

Team Profile

Team Profile Our Team Comes From Some of the Top Universities Globally.

60% Engineering and Science

5% Others

35% Business Studies

Over 2000 Independent Consultants from different sectors.

Average Experience of 7+ Years

We are the trusted business partners to the

Partial List of Clients world's leading corporates, governments, and A partial List of our Clients institutions

We are the trusted business partners to the

Partial Listworld's of Clients leading corporates, governments, and

A partial List of our Clients

institutions

Report Description and Highlights

Report Description

© 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com