Global Canola Oil Market - Forecasts from 2025 to 2030

The global canola oil market is forecasted to rise at a 3.81% CAGR, reaching USD 50.592 billion by 2030 from USD 41.963 billion in 2025.

Canola oil is a vegetable-based edible oil derived from the seeds of the canola plant, a widely cultivated global crop. The oil is extracted by crushing the seeds, which contain a high oil content, and is then refined for consumption and industrial use. A key factor driving its global demand is its nutritional profile; it contains no trans-fat and has the lowest amount of saturated fat among common cooking oils, positioning it as one of the healthiest options available. Its affordability and versatility make it suitable for a wide range of culinary applications in both home and commercial kitchens. Furthermore, its heart-healthy attributes, linked to its ability to help lower cholesterol levels, significantly contribute to its popularity. Beyond the food industry, canola oil sees growing demand in the manufacturing of eco-friendly products such as lubricants, inks, soaps, paints, cosmetics, and plastics. However, the global market faces constraints from the availability of a wide range of healthier and more affordable alternative oils, as well as from price volatility. A significant emerging opportunity lies in its use as a raw material for producing low-carbon biodiesel, which has the potential to substantially cut greenhouse gas emissions and presents massive opportunities for key market players.

A primary driver for the global canola oil market is the various health benefits associated with its consumption, coupled with rising health consciousness among consumers. The oil's composition, high in beneficial fats that can replace saturated fats, is known to lower LDL cholesterol levels, thereby reducing the risk of heart disease. A growing body of scientific evidence suggests that canola oil may offer benefits for managing long-term health issues, including metabolic syndrome, heart disease, and diabetes. This has led to recognition from several health organizations, which have labeled it a heart-smart oil. Regulatory endorsements, such as qualified health claims from the U.S. Food and Drug Administration regarding its ability to lower the risk of heart disease when used in place of saturated fat, further bolster consumer confidence. The growing global incidence of chronic diseases, such as cardiovascular conditions and diabetes, is a powerful force compelling consumers to switch to healthier cooking oils like canola, directly spurring market growth.

From a geographical perspective, North America is anticipated to hold a significant share of the global canola oil market during the forecast period. The United States represents one of the largest consumers of canola oil, where it ranks as the second most consumed edible oil. Canada is also a major market, where canola oil is the most popular edible oil among consumers. The growth of the market in this region is primarily driven by a pronounced shift in consumer preferences towards healthier food choices. This trend is amplified by the rising incidence of chronic diseases, such as diabetes and cardiovascular conditions, which is encouraging consumers to seek out heart-healthier alternatives to traditional cooking fats. The prime markets within the North American region include the United States, Canada, and Mexico, with a well-established agricultural and processing infrastructure supporting both domestic consumption and export.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
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Report Coverage:

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others.

Segmentation:

• GLOBAL CANOLA OIL MARKET BY TYPE
• Virgin
• Processed
• GLOBAL CANOLA OIL MARKET BY END-USER
• Retail
• Cosmetics
• Restaurants
• Food Processing
• GLOBAL CANOLA OIL MARKET BY DISTRIBUTION CHANNEL
• Online
• Offline
• GLOBAL CANOLA OIL MARKET BY GEOGRAPHY
• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• United Kingdom
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Thailand
• Others