Global Canola-Based Products Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Processed, and Virgin.By Uses;
High Protein Meal, and BloFuel Feedstock.By Packaging Type;
Bottles, Cans, Drums, Pouches, and Others.By Distribution Channel;
Store- Based, Supermarkets and Hypermarkets, Convenience Stores, Others and Non- Store Based.By Application;
Cooking, Processed Food, Lubricants, Personal Care, Biofuels, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Canola-Based Products Market (USD Million), 2021 - 2031
In the year 2024, the Global Canola-Based Products Market was valued at USD 5380.53 million. The size of this market is expected to increase to USD 8090.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
The global canola-based products market has witnessed significant growth over the past few years, driven by an increasing awareness of health benefits, demand for plant-based food options, and the expanding applications of canola derivatives in various industries. Canola oil, derived from the seeds of the canola plant, is renowned for its low levels of saturated fat and high omega-3 fatty acids, making it a preferred choice among health-conscious consumers. As the need for healthier cooking oils and sustainable food ingredients continues to rise, the global canola-based products market is poised to expand across diverse regions.
One of the key factors contributing to the market's growth is the rising consumption of canola oil as a healthier alternative to other vegetable oils. Canola oil's neutral flavor and high smoke point make it versatile for various cooking methods, from frying and baking to sautéing and grilling. In addition to culinary uses, the oil is also an essential ingredient in processed foods such as salad dressings, margarine, and sauces, which has further boosted its demand. As consumers continue to seek healthier fats in their diet, the global adoption of canola oil is expected to increase.
Another significant driver of the market is the growing trend of plant-based diets. As vegan and vegetarian lifestyles gain momentum, canola-based products have emerged as a valuable substitute for animal-derived ingredients. Canola oil is often used in plant-based cooking and food manufacturing due to its nutritional profile, rich in heart-healthy monounsaturated fats. The rise in plant-based food products, including dairy alternatives, snacks, and ready-to-eat meals, has opened new avenues for canola oil and other canola derivatives.
The industrial applications of canola-based products have also propelled market growth. Beyond food use, canola oil is increasingly being utilized in biodiesel production, animal feed, and cosmetics. Its versatility as a raw material for biofuels has positioned it as an environmentally friendly alternative to petroleum-based products. Furthermore, canola derivatives like lecithin and protein isolate are being incorporated into various cosmetic formulations and industrial products, driving demand across non-food sectors. As sustainability and eco-consciousness become more integral to consumer and industrial preferences, the canola-based products market is likely to experience continued expansion and innovation in the coming years.
Global Canola-Based Products Market Recent Developments
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In November 2023, capsule coffee machine sales surged as premium coffee brands introduced eco-friendly pods, driving growth in the global market.
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In December 2020, innovations in capsule coffee machines with multiple brew options and smart features attracted tech-savvy consumers seeking personalized coffee experiences.
Segment Analysis
The global canola-based products market is segmented by product type into processed and virgin categories. Processed canola products are derived from the refining of canola oil, which results in a versatile ingredient widely used in food and industrial applications. Virgin canola products, on the other hand, are less refined and considered to retain more of the original nutrients, making them popular in premium food products and health-conscious consumer markets. The processed segment dominates in terms of volume, owing to the widespread adoption of refined canola oil in cooking and food processing, while the virgin segment sees steady growth due to increasing demand for organic and minimally processed food options.
In terms of usage, the market is divided into high-protein meal and biofuel feedstock. High-protein canola meal is a byproduct of oil extraction and is primarily used as animal feed, with significant demand from the livestock and aquaculture industries. On the other hand, biofuel feedstock made from canola oil is gaining traction due to its renewable nature and low carbon footprint, positioning it as a key component in the production of biodiesel. This segment is expected to grow rapidly, driven by increasing global focus on sustainable energy sources and green technologies.
Packaging of canola-based products varies across bottles, cans, drums, pouches, and others, with each type catering to specific consumer needs. Bottles and cans are the most common packaging forms for cooking oils, offering convenience and ease of storage. Drums and pouches are typically used for bulk distribution in the foodservice and industrial sectors, while other packaging options serve niche markets. The choice of packaging is influenced by factors such as product shelf life, transportation efficiency, and consumer preferences, contributing to variations in market dynamics across regions.
Geographically, the global canola-based products market is analyzed across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America and Europe are the leading markets for canola-based products, driven by their developed food processing industries and increasing adoption of sustainable practices, such as biofuels. The Asia Pacific region is expected to witness the highest growth rate, fueled by rising demand for plant-based products and biofuels, particularly in emerging economies like China and India. The Middle East and Africa, along with Latin America, are expected to contribute steadily to market growth as demand for healthier oils and biofuels increases in these regions.
Global Canola-Based Products Segment Analysis
In this report, the Global Canola-Based Products Market has been segmented by Product Type, Uses, Packaging Type, Distribution Channel, Application and Geography.
Global Canola-Based Products Market, Segmentation by Product Type
The Global Canola-Based Products Market has been segmented by Product Type into Processed, and Virgin.
The Global Canola-Based Products Market can be divided into two primary product types: processed and virgin. Processed canola-based products refer to those that have undergone refining or modification to meet specific consumer or industrial needs. These products typically include refined oil, margarine, and other derivatives that are commonly used in cooking and food manufacturing. The refining process ensures that the product is free from impurities and has a longer shelf life, making it suitable for various applications in both domestic and commercial kitchens.
Virgin canola-based products, on the other hand, are typically made from raw, unrefined canola seeds. These products maintain much of their natural nutrients and are often considered healthier due to the minimal processing involved. Virgin canola oil, for instance, is prized for its purity and natural flavor, appealing to consumers who prefer products with fewer chemical alterations. These products are commonly used in salad dressings, dips, and other culinary applications where the natural flavor of the oil is a key feature.
The segmentation of the global canola-based products market into processed and virgin product types allows companies to target different consumer preferences and needs. While processed canola products may dominate due to their versatility and longer shelf life, virgin products are increasingly sought after by health-conscious consumers who prioritize natural, minimally processed ingredients. This segmentation helps to cater to both mass-market and niche demands, providing a wide range of options in the canola-based product market.
Global Canola-Based Products Market, Segmentation by Uses
The Global Canola-Based Products Market has been segmented by Uses into High Protein Meal and BloFuel Feedstock.
The Global Canola-Based Products Market is segmented by uses, with key categories including high-protein meal and biofuel feedstock. High-protein meal is a significant segment, as it plays a critical role in animal nutrition. Canola meal, which is produced after oil extraction from canola seeds, contains a rich concentration of protein, making it an essential component in livestock feed, particularly for poultry, swine, and cattle. This meal is a cost-effective alternative to traditional protein sources like soybean meal and is valued for its excellent amino acid profile, which supports animal growth and overall health.
Biofuel feedstock, another key segment, refers to the use of canola oil in biofuel production. Canola oil is a renewable resource that is increasingly utilized to produce biodiesel. As the demand for cleaner energy solutions continues to grow, the use of canola oil as a feedstock for biofuels has gained momentum due to its low environmental impact and sustainability benefits. This segment has witnessed significant growth, driven by global efforts to reduce carbon emissions and shift toward renewable energy sources. Canola-based biodiesel is considered a viable alternative to fossil fuels, further supporting its adoption in the energy sector.
These segments of the canola-based products market cater to different industries with distinct requirements. High-protein meal serves the agricultural sector, particularly in animal husbandry, while biofuel feedstock is geared toward the renewable energy industry. Both segments reflect the versatility of canola as a resource, meeting the needs of a diverse set of industries, each contributing to sustainable practices in their respective fields. The expansion of these segments is expected to continue, propelled by rising demand for alternative protein sources and renewable energy solutions.
Global Canola-Based Products Market, Segmentation by Packaging Type
The Global Canola-Based Products Market has been segmented by Packaging Type into Bottles, Cans, Drums, Pouches and Others.
The global canola-based products market is segmented by packaging type, which plays a crucial role in the distribution and consumer appeal of these products. Bottles are one of the most common packaging types for canola-based products, especially for oils. Their design makes them convenient for use in households and restaurants, offering easy pouring and storage. Additionally, bottles help to preserve the quality of the oil by providing a protective barrier against light and air, which helps maintain the product’s freshness.
Cans are another popular packaging type for canola-based products, particularly in bulk supply and industrial use. Cans are known for their durability and ability to protect the contents from external factors such as light, moisture, and contaminants. This type of packaging is typically used for products that are sold in larger quantities or for commercial purposes. It also offers an extended shelf life, making it ideal for storage and long-term distribution.
Drums and pouches are also commonly used in the market, catering to both industrial users and consumers who require larger quantities of canola-based products. Drums are often used for wholesale distribution, where large-scale production or processing is involved. Pouches, on the other hand, are more flexible and lightweight, making them an ideal choice for smaller, on-the-go packaging. They are typically used for packaging products like canola oil in smaller quantities or for convenience purposes, offering portability and ease of use. Other packaging types in the segment include innovative and specialized options designed to cater to specific market needs.
Global Canola-Based Products Market, Segmentation by Distribution Channel
The Global Canola-Based Products Market has been segmented by Distribution Channel into Store- Based, Supermarkets and Hypermarkets, Convenience Stores and Non- Store Based.
The Global Canola-Based Products Market is divided based on distribution channels into two primary categories: store-based and non-store-based. The store-based segment includes supermarkets, hypermarkets, and convenience stores, where canola-based products are readily available for consumers to purchase in physical retail spaces. Supermarkets and hypermarkets are major contributors to this segment as they provide a wide range of food products, including canola-based oils, spreads, and other processed items. These retail outlets are characterized by their ability to offer large volumes of products and cater to a broad consumer base.
Convenience stores also play a significant role in the store-based distribution channel. These stores, often open 24/7, target consumers seeking quick and easy access to essential products, including canola-based items. The accessibility and the convenience factor offered by these stores make them an attractive option for consumers looking for fast purchases. While the variety may be smaller compared to larger supermarkets, convenience stores are crucial in capturing a specific consumer demographic that values time and convenience over variety.
On the other hand, the non-store-based segment includes online platforms where canola-based products are sold through e-commerce websites. This segment has gained considerable traction due to the growing trend of online shopping. Consumers can easily compare prices, check reviews, and have products delivered directly to their doorsteps. E-commerce giants and specialized online stores contribute to this channel’s expansion by offering a broad selection of canola-based products, often providing home delivery services, promotions, and discounts to attract more buyers. As internet penetration and digital buying continue to rise, the non-store-based segment is expected to experience further growth.
Global Canola-Based Products Market, Segmentation by Application
The Global Canola-Based Products Market has been segmented by Application into Cooking, Processed Food, Lubricants, Personal Care, Biofuels and Others.
The Global Canola-Based Products Market is segmented based on various applications, each catering to distinct industries and consumer needs. One major application is in cooking, where canola oil is widely used due to its light flavor, high smoke point, and healthy fat profile. It is a popular choice for home kitchens, restaurants, and food service establishments. The demand for canola oil in cooking is driven by its versatility in preparing a variety of dishes, ranging from frying to salad dressings, contributing to its dominant position in the market.
In the processed food sector, canola-based products are utilized as ingredients in the production of a wide array of food products such as margarine, baked goods, snacks, and convenience foods. The growing consumer preference for healthier, low-cholesterol options is boosting the demand for canola oil in processed food manufacturing. The oil’s ability to enhance texture and flavor while offering a healthier alternative to traditional fats has made it a key ingredient in food formulation, supporting its increasing use in this segment.
Another notable application is in the production of biofuels. Canola oil is being increasingly used in the biofuel industry, especially in the production of biodiesel. The renewable energy trend, along with the need to reduce carbon emissions and reliance on fossil fuels, has contributed to the rise in biofuels. Canola oil’s high oil content makes it an efficient source for biodiesel production, and as governments worldwide continue to promote sustainable energy solutions, the demand for canola-based biofuels is expected to grow. Other applications of canola-based products, such as in personal care and lubricants, are also gaining attention, though these segments are relatively smaller compared to cooking and processed food uses.
Global Canola-Based Products Market, Segmentation by Geography
In this report, the Global Canola-Based Products Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Canola-Based Products Market Share (%), by Geographical Region, 2024
The North America region held a dominant position in the global market, driven by the increasing demand for products across various sectors such as cosmetics and personal care. This includes items like lotions, serums, and other related products. Additionally, a rising preference for healthier food choices has contributed significantly to market growth, as consumers are becoming more conscious of their health and well-being.
Government policies have also played a role in bolstering the demand for canola oil. Regulations aimed at promoting trans-fat-free oils, along with subsidies provided to farmers for the cultivation of canola crops, have helped increase production. These initiatives have supported the growth of the market at an accelerated pace, creating favorable conditions for further expansion.
In the Asia Pacific region, rapid growth is expected in the coming years, driven by a combination of factors. A surge in the population has led to an increased demand for food products, further boosting the need for healthy cooking alternatives. Additionally, the rising incidences of cardiovascular diseases have prompted consumers to switch to healthier oils, such as canola oil, as part of their dietary changes.
As consumer awareness about health continues to rise, especially in the Asia Pacific region, the demand for healthier cooking options is anticipated to grow significantly. This trend is expected to drive the market forward, as more consumers seek out oils that provide nutritional benefits and contribute to overall well-being.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Canola-Based Products Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing demand for plant-based and healthy food alternatives
- Rising awareness about the health benefits of canola oil
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Growing use of canola oil in the food and beverage industry- The growing use of canola oil in the food and beverage industry is driven by its health benefits and versatility in cooking. Canola oil is rich in unsaturated fats, including omega-3 and omega-6 fatty acids, making it a popular choice for consumers looking to maintain a heart-healthy diet. It is also known for having a relatively neutral taste, which allows it to be used in a wide variety of recipes, from frying and baking to salad dressings and sauces. This adaptability has led to its increasing adoption by food manufacturers, restaurants, and home cooks alike.
The demand for healthier cooking oils in the food and beverage industry has further fueled the growth of canola oil usage. As consumers become more conscious of the nutritional content of their food, there is a noticeable shift toward oils that contain lower levels of saturated fats and cholesterol. Canola oil, due to its lower saturated fat content compared to other oils such as palm or coconut oil, has gained popularity as a healthier alternative. Its favorable fatty acid profile and high smoke point make it suitable for various cooking methods, further contributing to its rising consumption.
In addition, the food and beverage industry is increasingly incorporating canola oil into processed products, snacks, and convenience foods. Manufacturers are reformulating recipes to replace higher-fat oils with canola oil to appeal to health-conscious consumers. As the global population becomes more aware of the relationship between diet and overall health, canola oil is expected to continue playing a key role in the formulation of healthier, more consumer-friendly food products. The growing use of canola oil aligns with trends toward clean label products and healthier eating habits, which are expected to drive the expansion of the canola-based products market in the coming years.
Restraints:
- Volatility in raw material prices
- Limited production capacity in some regions
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Health concerns regarding the refining processes of canola oil- Health concerns regarding the refining processes of canola oil have become a significant restraint in the global canola-based products market. During the refining process, canola oil undergoes several treatments, such as bleaching and deodorizing, which can reduce its nutritional value. Some consumers worry that these processes may result in the loss of beneficial compounds like omega-3 fatty acids and antioxidants. Additionally, the use of high temperatures and chemicals during refining may lead to the formation of trans fats, which are associated with various health risks, including heart disease. These concerns have led to a growing demand for alternatives perceived as healthier, putting pressure on the canola oil market.
Another issue is the potential presence of residual solvents, such as hexane, used in the extraction process. While these solvents are generally considered safe in the final product, some consumers are wary of their possible effects on health. The presence of these solvents, even in trace amounts, can lead to negative perceptions and reduce consumer confidence in canola-based products. This has prompted calls for greater transparency in production methods, as well as the development of cleaner, more sustainable extraction processes that are perceived to be safer.
As health-conscious consumers increasingly seek oils with higher levels of nutrients and fewer potential risks, the demand for minimally processed oils like extra virgin olive oil and avocado oil is growing. These oils are often marketed as healthier options due to their production methods, which preserve more of their natural nutrients. Consequently, the refining concerns surrounding canola oil may limit its market growth, especially in regions where consumer awareness about food quality and health risks is high. This trend may influence manufacturers to explore alternative product formulations or refine their production processes to address health concerns more effectively.
Opportunities:
- Growing consumer preference for non-GMO and organic canola products
- Increasing applications in cosmetics and pharmaceuticals
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Expansion in emerging markets with rising disposable incomes and health awareness- The global canola-based products market has significant growth potential in emerging markets, particularly due to rising disposable incomes. As the economic development in these regions progresses, more people are able to afford healthier and premium food products. Canola oil, known for its low saturated fat content and heart-healthy benefits, becomes an attractive alternative to traditional cooking oils. With an increase in consumer purchasing power, there is a greater demand for such products as individuals shift towards more health-conscious choices.
Another contributing factor is the growing awareness of health and wellness among consumers in emerging markets. Many people are becoming more educated about the importance of nutrition and are actively seeking products that contribute to a balanced diet. This shift in mindset is pushing the demand for canola-based products, as they are considered a healthier option compared to other oils. The rise in lifestyle diseases, such as obesity and cardiovascular conditions, has prompted consumers to make dietary changes, further supporting the market for healthier cooking alternatives.
As these emerging markets continue to grow, both economically and in terms of health awareness, companies in the canola-based products industry have an opportunity to expand their reach. The increasing number of health-conscious consumers, along with the rising disposable incomes, opens doors for new product offerings and innovations. Brands that tailor their marketing strategies to cater to these evolving consumer preferences are well-positioned to gain market share in these regions, driving the overall growth of the global canola-based products market.
Competitive Landscape Analysis
Key players in Global Canola-Based Products Market include:
- Canola Council of Canada
- Archer Daniels Midland
- Louis Dreyfus Company
- Cargill
- Vegetable Oil Producers
- Kerry Group
- Nippon Edible Oil
- Nutrien
- DowDuPont
- Oils and Fats International
- BASF
- Australian Oilseeds Federation
- COFCO International
- AgProcessing
- Bunge
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Uses
- Market Snapshot, By Packaging Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Canola-Based Products Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing demand for plant-based and healthy food alternatives
- Rising awareness about the health benefits of canola oil
- Growing use of canola oil in the food and beverage industry
- Restraints
- Volatility in raw material prices
- Limited production capacity in some regions
- Health concerns regarding the refining processes of canola oil
- Opportunities
- Growing consumer preference for non-GMO and organic canola products
- Increasing applications in cosmetics and pharmaceuticals
- Expansion in emerging markets with rising disposable incomes and health awareness
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Canola-Based Products Market, By Product Type, 2021 - 2031 (USD Million)
- Processed
- Virgin
- Global Canola-Based Products Market, By Uses, 2021 - 2031 (USD Million)
- High Protein Meal
- BloFuel Feedstock
- Global Canola-Based Products Market, By Packaging Type, 2021 - 2031 (USD Million)
- Bottles
- Cans
- Drums
- Pouches
- Others
- Global Canola-Based Products Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Store- Based
- Supermarkets and Hypermarkets
- Convenience Stores
- Others
- Non- Store Based
- Store- Based
- Global Canola-Based Products Market, By Application, 2021 - 2031 (USD Million)
- Cooking
- Processed Food
- Lubricants
- Personal Care
- Biofuels
- Others
- Global Canola-Based Products Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Canola-Based Products Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Canola Council of Canada
- Archer Daniels Midland
- Louis Dreyfus Company
- Cargill
- Vegetable Oil Producers
- Kerry Group
- Nippon Edible Oil
- Nutrien
- DowDuPont
- Oils and Fats International
- BASF
- Australian Oilseeds Federation
- COFCO International
- AgProcessing
- Bunge
- Company Profiles
- Analyst Views
- Future Outlook of the Market