Global Canola Meal Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Poultry, Swine, Ruminants and Aquatic animals.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Canola Meal Market (USD Million), 2021 - 2031
In the year 2024, the Global Canola Meal Market was valued at USD 633,034.08 million. The size of this market is expected to increase to USD 869,001.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.
The global canola meal market encompasses the production, distribution, and consumption of canola meal, a valuable byproduct derived from the processing of canola seeds into oil. Canola meal serves as a high-protein feed ingredient for livestock and poultry, making it a crucial component in animal nutrition and feed formulations.
One of the key drivers of the global canola meal market is the increasing demand for protein-rich feed ingredients to meet the nutritional requirements of livestock and poultry. Canola meal is prized for its high protein content, typically ranging from 36% to 40%, making it an excellent source of amino acids essential for animal growth, muscle development, and overall health. As the global population grows and dietary preferences shift towards protein-rich diets, the demand for high-quality animal protein from meat and dairy products is expected to rise, thereby driving the demand for canola meal as a key ingredient in animal feed.
Canola meal is favored for its nutritional composition and digestibility, making it a preferred choice among feed manufacturers and livestock producers seeking cost-effective and sustainable protein sources. Canola meal's balanced amino acid profile, low levels of anti-nutritional factors, and high energy content contribute to its suitability for various livestock and poultry species, including dairy cows, pigs, poultry, and aquaculture species.
Geographically, regions with significant livestock and poultry production, such as North America, Europe, and Asia Pacific, are major consumers of canola meal. These regions boast large-scale animal agriculture industries and rely on canola meal to formulate balanced diets that support optimal animal performance and productivity.
The growing awareness of the environmental benefits of canola meal, such as its lower carbon footprint compared to alternative protein sources like soybean meal, is driving its adoption in sustainable animal production systems. Canola meal's favorable sustainability profile aligns with consumer preferences for ethically sourced and environmentally friendly food products, further bolstering its demand in the global market.
Innovations in canola processing technology, expanding cultivation of canola crops, and evolving livestock production practices are expected to shape the dynamics of the global canola meal market. Market players are likely to focus on enhancing the quality, nutritional value, and sustainability of canola meal products to meet the evolving needs of the animal agriculture industry and capitalize on emerging opportunities in the feed market.
Global Canola Meal Market Recent Developments
-
In February 2024, Cargill announced a new canola meal processing plant in Canada, aiming to increase production capacity and meet growing demand for protein-rich animal feed.
-
In June 2021, ADM expanded its canola crushing capacity in North America, aiming to increase production of canola meal and oil.
Segment Analysis
This report extensively covers different segments of Global Canola Meal Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
Global Canola Meal Segment Analysis
In this report, the Global Canola Meal Market has been segmented by Type and Geography.
Global Canola Meal Market, Segmentation by Type
The Global Canola Meal Market has been segmented by Type into Poultry, Swine, Ruminants and Aquatic animals.
Poultry represents a significant segment in the canola meal market, with canola meal being extensively used as a feed ingredient in poultry diets. Canola meal serves as an excellent source of high-quality protein and essential amino acids for poultry, supporting optimal growth, feathering, and egg production in chickens, turkeys, and other poultry species. Its balanced nutritional profile, coupled with its cost-effectiveness, makes canola meal a preferred choice among poultry producers worldwide. The swine industry is a major consumer of canola meal, utilizing it as a key component in swine feed formulations. Canola meal provides swine with essential nutrients, including protein, amino acids, and energy, contributing to healthy growth, muscle development, and reproductive performance in pigs. With the global demand for pork products on the rise, driven by population growth and increasing per capita meat consumption, the demand for canola meal in swine diets is expected to remain robust.
Ruminants, such as cattle, sheep, and goats, also benefit from the inclusion of canola meal in their diets. Canola meal serves as a valuable protein source for ruminants, supporting rumen fermentation, microbial growth, and overall nutrient utilization. In dairy cattle, canola meal supplementation has been shown to improve milk production and composition, enhancing the profitability of dairy operations. Additionally, in beef cattle and other ruminant species, canola meal contributes to optimal growth, muscle development, and reproductive performance. Aquatic animals, including fish and shrimp, represent a growing segment in the canola meal market, particularly in aquaculture operations. Canola meal serves as a nutritious and sustainable feed ingredient for aquatic animals, providing essential nutrients and promoting growth, feed efficiency, and overall health. As the global aquaculture industry continues to expand to meet the growing demand for seafood, the demand for canola meal in aquafeed formulations is expected to increase, driven by its nutritional value and environmental sustainability.
Global Canola Meal Market, Segmentation by Geography
In this report, the Global Canola Meal Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Canola Meal Market Share (%), by Geographical Region, 2024
The Asia-Pacific (APAC) region is poised to play a significant role in driving the growth of the global canola meal market during the forecast period, contributing an estimated 47% to the overall market growth. Within APAC, countries like China, India, Japan, and Australia stand out as prominent markets for canola meal consumption. India, in particular, holds a significant position as the world's largest producer of milk for more than two decades. The focus on improving dairy production in India is not only aimed at enhancing farmers' incomes but also at bolstering the global competitiveness of the country's dairy sector. Given the benefits of canola meal in increasing milk production in cows, the demand for canola meal is expected to witness a notable uptick in India.
Dairy products such as yogurt, ghee, butter, cream, and cheese are widely consumed across urban populations in APAC countries. The changing preferences and lifestyles of consumers, coupled with the growing awareness about the health and nutritional benefits of dairy products, are driving the demand for such items. As a result, there is a corresponding increase in the demand for canola meal, which serves as a key component in the feed formulations used in dairy cattle nutrition. These factors collectively contribute to the growth trajectory of the canola meal market in the APAC region during the forecast period.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Canola Meal Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities
Drivers:
- Increasing Demand for Animal Feed
- Health Benefits
- Expanding Agricultural Production: The expansion of canola cultivation has been facilitated by its remarkable adaptability to a wide range of climates and soil conditions. This versatility allows canola to thrive in diverse geographical regions across the globe. Notably, countries such as Canada, Australia, and various European nations have emerged as major players in canola production, capitalizing on their conducive agricultural landscapes. In Canada, for instance, the vast prairies provide ideal conditions for canola cultivation, contributing significantly to the global supply. Similarly, Australia's extensive agricultural regions, coupled with advanced farming practices, have fostered substantial growth in canola production. Moreover, several European countries have also embraced canola cultivation, leveraging technological advancements and sustainable farming methods to bolster yields. As a result of this widespread expansion, the availability of canola meal as a valuable byproduct has increased, meeting the rising demand from various sectors, including the animal feed industry.
Restraints:
- Price Volatility of Raw Material
- Competition from Alternative Protein Sources
-
Regulatory Challenges: Navigating regulatory frameworks related to agriculture, food safety, and environmental sustainability presents a significant challenge for canola meal producers. Regulations governing pesticide use, genetic modification, and waste management vary across regions, requiring producers to adhere to a complex web of compliance standards. Strict guidelines often dictate the types and quantities of pesticides that can be utilized in canola cultivation to ensure food safety and minimize environmental impact. Additionally, regulations concerning genetic modification may influence the cultivation of genetically modified (GM) canola varieties, necessitating thorough documentation and compliance measures.
Waste management regulations aim to mitigate the environmental footprint of canola meal production processes. Proper disposal or recycling of byproducts and waste materials, such as plant residues or processing effluents, is essential to minimize ecological harm and maintain operational sustainability. Compliance with these regulatory requirements not only entails additional administrative burdens but also incurs costs associated with implementing compliant practices and technologies. As a result, canola meal producers must allocate resources to ensure compliance with evolving regulatory standards while striving to maintain efficiency and competitiveness in the market.
Opportunities:
- Expansion into Emerging Markets
- Product Innovation and Diversification
-
Focus on Sustainability: Canola meal's sustainability credentials position it favorably among environmentally conscious consumers and businesses seeking eco-friendly alternatives. Compared to some other protein sources, canola meal boasts a relatively low carbon footprint throughout its production cycle. From cultivation to processing, canola production typically requires fewer resources and emits fewer greenhouse gases, contributing to its reputation as a sustainable choice. This environmental advantage aligns with growing consumer preferences for products that minimize ecological impact, driving demand for sustainably sourced ingredients in both animal and human food sectors.
Emphasizing sustainable production practices and obtaining relevant certifications further enhances canola meal's market differentiation. Adopting eco-friendly farming techniques, such as conservation tillage and crop rotation, can reduce environmental footprint while maintaining soil health and biodiversity. Additionally, obtaining certifications such as organic or non-GMO reinforces the commitment to sustainable agriculture and provides assurance to consumers and businesses seeking ethically produced ingredients. By leveraging its sustainability credentials and promoting transparent supply chain practices, canola meal producers can effectively position their products as responsible choices in the increasingly competitive market landscape.
Competitive Landscape Analysis
Key players in Global Canola Meal Market include
- Archer Daniels Midland
- BUNGE
- Cargill
- CHS
- Wimar International
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 Type
- Market Snapshot, By Region
- Global Canola Meal Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Animal Feed
- Health Benefits
- Expanding Agricultural Production
- Restraints
- Price Volatility of Raw Material
- Competition from Alternative Protein Sources
- Regulatory Challenges
- Opportunities
- Expansion into Emerging Markets
- Product Innovation and Diversification
- Focus on Sustainability
- 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 Meal Market, By Type, 2021 - 2031 (USD Million)
- Poultry
- Swine
- Ruminants
- Aquatic animals
- Global Canola Meal 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 Meal Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Archer Daniels Midland
- BUNGE
- Cargill
- CHS
- Wimar International
- Company Profiles
- Analyst Views
- Future Outlook of the Market