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Canola Oil Market - Global Industry Analysis, Trends and Forecast 2016 - 2024

Production of canola seed has grown rapidly over the past forty years. Globally canola has become the third largest oil crop. Canola production occupies 15% to 20% of word oil crop production. Canola oil is produced from crushing canola seed which
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Canola Oil Market - Global Industry
Analysis, Size, Share, Trends and
Forecast 2016 - 2024
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Production of canola seed has grown rapidly over the past forty years. Globally canola has become the third largest oil crop.
Canola production occupies 15% to 20% of word oil crop production. Canola oil is produced from crushing canola seed which is
the third most produced vegetable oil across the globe. After deriving the oil the remaining material is used as a meal for
livestock feed. This is the second most preferred feed stock after soybean. Canola oil contributes approximately 20% to 25%
share in Edible oil market. Canola oil is very much suitable for heart health as it contains both omega-3 and omega-6 fatty acids,
which is fueling the market growth across the globe.
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Canola Oil Market Segmentation
The canola oil market has been segmented on the basis of end use which includes food service restaurants, food processor,
cosmetics and retail (end consumers). Among all these segment retail segment is expected to occupy the major market share.
Rising cardiovascular diseases has shifted the consumer focus towards consumption of food containing low cholesterol which is
expected to drive the segment growth in the near future. Moreover, food processor segment is expected to account for
substantial growth over the forecast period. Consumers are now focusing on healthy lifestyle, due to this they carefully choose
the products they buy and use. In addition, easy access to information has made them aware about the availability of different
types of oils and fats in the market. Thus, now food processors are trying to respond to consumer demand by offering stable and
healthy products.
Canola Oil Market Regional Outlook
Global canola oil market is also segmented on the basis of distribution channel. The distribution channel is only segmented for
retail (end consumers). The distribution channel for retail includes supermarket, hypermarket, departmental stores & grocery
stores. Among all this segment hypermarket & supermarket is expected to contribute major share in the market. Groceries
stores is expected to show a favorable growth over the forecast period. Increasing penetration of health food in smaller grocery
stores is expected to support the segment growth over the forecast period.
Globally Europe is the major producer of canola oil. In 2014, the region represented approximately more than 38.0% of share in
terms of volume production to total Canola oil market. Among the countries China was the highest producer of canola oil
contributing to approximately 23.0% of share in terms of volume production to overall canola oil market. While, Canada
occupied the second highest position in terms of volume production of canola oil. In 2014, the country accounted for more than
12.0% of share to the overall canola oil market. Moreover in the same year China was the highest exporter of canola oil followed
by Russia. Canada accounted for more the 65.0% of total export of canola oil.
Canola Oil Market Drivers
Canola oil comprises high oleic acid which can reduce the level of bad cholesterol, without affecting the good cholesterol, thus
limiting the risk of developing heart disease. Which is expected to drive the market growth in the near future. Moreover canola
oil is also gaining importance in cosmetics industry as it is good for skin and has an ant aging properties such as it enables to
control the fine lines, wrinkles, acne, blemishes and spots which is further expected to support the market growth over the
forecast period. However, factors such as canola oil is quite expensive as compared to other edible oil and availability of other
substitute such as soybean oil may affect the market growth.
Canola Oil Market Key Players
Key players operating in canola oil market includes Archer Daniels Midland Company, Associated British Foods plc (Ach Food
Companies Inc.), ConAgra Foods, Inc, The J.M. Smucker Company and Jivo Wellness Pvt. Limited among others.
The report covers exhaustive analysis on:
Canola Oil Market Segments
Canola Oil Food Market Dynamics
Canola Oil Historical Actual Market Size, 2013 - 2015
Canola Oil Market Size & Forecast 2016 to 2026
Canola Oil Supply & Demand Value Chain
Canola Oil Market Current Trends/Issues/Challenges
Competition & Companies involved
Canola Oil Technology
Value Chain
Canola Oil Market Drivers and Restraints
Regional analysis for Canola Oil Market includes
North America
US & Canada
Latin America
Brazil, Argentina & Others
Western Europe
Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
Rest of Asia Pacific
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends,
macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the
qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Canola Oil Market Detailed overview of parent market
Canola Oil changing market dynamics of the industry
Canola Oil Market In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Canola Oil Market Recent industry trends and developments
Canola Oil Market Competitive landscape
Canola Oil Market Strategies of key players and product offerings
Market Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by
tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely
scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of
companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for
a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the
economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More
than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a
base year and then forecast growth within each market.
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interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and
the scope of activity within their organizations.
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Canola Oil Market Share, Canola Oil Industry
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