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).
Report ID: Rn103744113 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Uses
    3. Market Snapshot, By Packaging Type
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Global Canola-Based Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for plant-based and healthy food alternatives
        2. Rising awareness about the health benefits of canola oil
        3. Growing use of canola oil in the food and beverage industry
      2. Restraints
        1. Volatility in raw material prices
        2. Limited production capacity in some regions
        3. Health concerns regarding the refining processes of canola oil
      3. Opportunities
        1. Growing consumer preference for non-GMO and organic canola products
        2. Increasing applications in cosmetics and pharmaceuticals
        3. Expansion in emerging markets with rising disposable incomes and health awareness
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Canola-Based Products Market, By Product Type, 2021 - 2031 (USD Million)
      1. Processed
      2. Virgin
    2. Global Canola-Based Products Market, By Uses, 2021 - 2031 (USD Million)
      1. High Protein Meal
      2. BloFuel Feedstock
    3. Global Canola-Based Products Market, By Packaging Type, 2021 - 2031 (USD Million)
      1. Bottles
      2. Cans
      3. Drums
      4. Pouches
      5. Others
    4. Global Canola-Based Products Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Store- Based
        1. Supermarkets and Hypermarkets
        2. Convenience Stores
        3. Others
      2. Non- Store Based
    5. Global Canola-Based Products Market, By Application, 2021 - 2031 (USD Million)
      1. Cooking
      2. Processed Food
      3. Lubricants
      4. Personal Care
      5. Biofuels
      6. Others
    6. Global Canola-Based Products Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Canola Council of Canada
      2. Archer Daniels Midland
      3. Louis Dreyfus Company
      4. Cargill
      5. Vegetable Oil Producers
      6. Kerry Group
      7. Nippon Edible Oil
      8. Nutrien
      9. DowDuPont
      10. Oils and Fats International
      11. BASF
      12. Australian Oilseeds Federation
      13. COFCO International
      14. AgProcessing
      15. Bunge
  7. Analyst Views
  8. Future Outlook of the Market