Canola Oil Market News

Canola Oil Market

Canola oil is a kind of oil obtained from the seeds of rapeseed. It is also used in the food industry, biofuels, and oleochemicals, etc.

Canola oil is obtained from the seeds of rapeseed. It contains varieties of fatty acids and used wildly in the food industry. Also, it is used in biofuel, oleochemicals and other. In 2015, the canola oil amount used in food industry took 66.21%. Biofuel consumed about 27.62% of global total canola oil production. Canola oil used in biofuel is getting more and more attention.

Generally, canola oil is produced by two methods, such as cold-pressed method and solvent extraction method. Cold-pressed product is much healthier than the extracted product in people’s minds. While the truth is that those two products are all healthy as long as they meet the standards. But Price of cold-pressed canola oil is higher than extracted canola oil, as oil yield of cold-pressed product is lower. In 2015, extracted canola oil production share was 32.17%.

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Nowadays, there are many manufacturers all over the world, such as Louis Dreyfus Company, ADM, Cargill, Bunge, Richardson Oilseed, Viterra and Al Ghurair, etc. They are mainly concentrated in the USA, EU, Canada, and China. In 2015, EU canola oil production took about 35.75% of the globe. Canola oil production of China took a share of 20.68%. Canada and USA production share was separately 14.08% and 2.53% of the globe in 2015.

According to this study, over the next five years, the Canola Oil market will register a -0.7% CAGR in terms of revenue, the global market size will reach US$ 25350 million by 2024, from US$ 26290 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Canola Oil business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Canola Oil market by product type, application, key manufacturers and key regions and countries.

This study considers the Canola Oil value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Cold-pressed Canola Oil
Extracted Canola Oil

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Food Industry
Biofuels
Oleo Chemicals
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa

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The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Louis Dreyfus Company
ADM
Cargill
Bunge
Richardson Oilseed
Viterra
Al Ghurair
CHS
Pacific Coast Canola PCC
Oliyar
Wilmar International
COFCO
Chinatex Corporation
Maple Grain and Oil Industry
HSGC
Zhongsheng
Allstar
H-Best
Yingcheng Oil Company
Daodaoquan

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives

To study and analyze the global Canola Oil consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Canola Oil market by identifying its various subsegments.
Focuses on the key global Canola Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Canola Oil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Canola Oil submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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