Market Overview:
The global extracted canola oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market is attributed to the increasing demand for canola oil from various applications such as food industry, biofuels, oleo chemicals and others. Additionally, factors such as rising awareness about health benefits of consuming canola oil are also contributing to the growth of this market. Based on type, the global extracted canola oil market is segmented into transgenic canola oil and non-transgenic canola oil. The transgenic segment is projected to grow at a higher CAGR than that of non-transgenic segment during the forecast period from 2018 to 2030. This growth is mainly attributed due high adoption rate of genetically modified crops across various countries worldwide which has led increase in production volume of transgenic crops including rapeseed/canola over past few years. On basis application, food industry accounts for majority share in terms revenue generated followed by biofuels and oleo chemicals segments respectively across globe . However , other application segments are projected witness highest CAGR over next decade owing rapid expansion witnessed particularly in Asia Pacific region . Regionally , North America accounted for largest share revenue wise followed by Europe in 2017 .
Product Definition:
Extracted canola oil is a vegetable oil that has been extracted from the rapeseed plant. It is used in cooking, baking, and salad dressings.
Transgenic Canola Oil:
Transgenic canola oil is a product derived from the plant Cannabis Sativa L. through genetic engineering technology. The extracted oil contains high levels of omega-3 fatty acids and low levels of omega-6 fatty acids, which are essential for human health. It also contains high amounts of alpha-linolenic acid (ALA), an important long-chain omega 3 fatty acid that is not produced in adequate quantities in the body.
Non-transgenic Canola Oil:
Non-transgenic canola oil is a vegetable oil that has the same nutritional properties as that of soybean. It is extracted from the seeds of canola plant which is a part of rapeseed family. Canola oil contains omega 3 fatty acids and antioxidants which help in reducing inflammation, blood pressure, and cholesterol levels in human body. The product also helps to reduce risk for cardiovascular diseases owing to its ability to decrease bad cholesterol level in arteries.
Application Insights:
Food industry was the dominant application segment and accounted for over 60% of the total demand in 2016. Growing awareness regarding a healthy diet coupled with rising disposable income levels is expected to drive the global ECO market over the forecast period.
Biofuels emerged as a promising application segment and accounted for around 20% of total consumption in 2016. Government support towards increasing biofuel production is expected to have a positive impact on market growth over next eight years, particularly in Brazil, Indonesia, Argentina and India where there has been an increase in government funding for research & development on canola oil biodiesel projects.
Extracted canola oil finds numerous applications including food manufacturing (canola cakes, cookies), oleo chemicals (resins), animal feed supplements (omega 3 fatty acids).
Regional Analysis:
North America emerged as the largest regional market in 2017 owing to high demand from various end-use industries, such as food and beverage, cosmetics and personal care. The region is expected to maintain its dominance over the forecast period due to increasing awareness about healthy living lifestyles coupled with rising disposable income levels.
Europe is anticipated to witness significant growth over the forecast period owing to growing consumer demand for plant-based oleochemicals across countries such as Germany, France, Italy and U.K., which has led major companies in these regions expand their production capacities by investing huge amounts of money.
Growth Factors:
- Increasing demand for healthy edible oils: There is a growing demand for healthy edible oils across the globe. Extracted canola oil is a healthier option as compared to other cooking oils available in the market. This is driving the growth of the extracted canola oil market.
- Rising awareness about benefits of extracted canola oil: The benefits of extracted canola oil are gradually gaining recognition among consumers worldwide. This is further propelling the growth of the extracted canola oil market.
- Growing popularity of veganism and vegetarianism: The popularity of veganism and vegetarianism is increasing at a rapid pace across the globe, which in turn is boosting demand for plant-based foods, including processed foods that contain extracted canola oil as one its ingredients. This will spur growth in the global extractd canolaoil market overthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Extracted Canola Oil Market Research Report
By Type
Transgenic Canola Oil, Non-transgenic Canola Oil
By Application
Food Industry, Biofuels, Oleo Chemicals, Other
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Extracted Canola Oil Market Report Segments:
The global Extracted Canola Oil market is segmented on the basis of:
Types
Transgenic Canola Oil, Non-transgenic Canola Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Biofuels, Oleo Chemicals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Extracted Canola Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Transgenic Canola Oil
- Non-transgenic Canola Oil
- By Application:
- Food Industry
- Biofuels
- Oleo Chemicals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Extracted Canola Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extracted canola oil is a type of vegetable oil that has been extracted from the seeds of the rapeseed plant. It is a light, colorless liquid with a mild flavor and high smoke point.
Some of the key players operating in the extracted canola oil market are 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.
The extracted canola oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Extracted Canola Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Extracted Canola Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Extracted Canola Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Extracted Canola Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Extracted Canola Oil Market Size & Forecast, 2020-2028
4.5.1 Extracted Canola Oil Market Size and Y-o-Y Growth
4.5.2 Extracted Canola Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Transgenic Canola Oil
5.2.2 Non-transgenic Canola Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Biofuels
6.2.3 Oleo Chemicals
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Extracted Canola Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Extracted Canola Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Transgenic Canola Oil
9.6.2 Non-transgenic Canola Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Biofuels
9.10.3 Oleo Chemicals
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Transgenic Canola Oil
10.6.2 Non-transgenic Canola Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Biofuels
10.10.3 Oleo Chemicals
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Transgenic Canola Oil
11.6.2 Non-transgenic Canola Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Biofuels
11.10.3 Oleo Chemicals
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Transgenic Canola Oil
12.6.2 Non-transgenic Canola Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Biofuels
12.10.3 Oleo Chemicals
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Transgenic Canola Oil
13.6.2 Non-transgenic Canola Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Biofuels
13.10.3 Oleo Chemicals
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Extracted Canola Oil Market: Competitive Dashboard
14.2 Global Extracted Canola Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Louis Dreyfus Company
14.3.2 ADM
14.3.3 Cargill
14.3.4 Bunge
14.3.5 Richardson Oilseed
14.3.6 Viterra
14.3.7 Al Ghurair
14.3.8 CHS
14.3.9 Pacific Coast Canola (PCC)
14.3.10 Oliyar
14.3.11 Wilmar International
14.3.12 COFCO
14.3.13 Chinatex Corporation
14.3.14 Maple Grain and Oil Industry
14.3.15 HSGC
14.3.16 Zhongsheng
14.3.17 Allstar
14.3.18 H-Best
14.3.19 Yingcheng Oil Company
14.3.20 Daodaoquan
