PUBLISHER: TechSci Research | PRODUCT CODE: 1902091
PUBLISHER: TechSci Research | PRODUCT CODE: 1902091
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The Global Canola Oil Market will grow from USD 35.52 Billion in 2025 to USD 50.27 Billion by 2031 at a 5.96% CAGR. Canola oil is an edible vegetable oil derived from the crushed seeds of the canola plant and is distinguished by its low saturated fat content and high proportion of monounsaturated fats.
| Market Overview | |
|---|---|
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 35.52 Billion |
| Market Size 2031 | USD 50.27 Billion |
| CAGR 2026-2031 | 5.96% |
| Fastest Growing Segment | Online |
| Largest Market | Asia Pacific |
Key Market Drivers
The expansion of the Biodiesel and Renewable Energy Sector is a primary force propelling the Global Canola Oil Market. As governments worldwide enforce stricter environmental mandates to lower carbon emissions, canola oil has emerged as a preferred low-carbon feedstock for renewable diesel and sustainable aviation fuel (SAF). This industrial shift serves to diversify market applications, reducing the sector's reliance on food-grade consumption and securing consistent, high-volume uptake from energy producers.
Key Market Challenges
The volatility of seed production caused by irregular weather patterns constitutes a critical challenge hampering the growth of the Global Canola Oil Market. Climatic disruptions, such as prolonged droughts or excessive rainfall, directly impact agricultural yields, creating unpredictable fluctuations in the availability of raw materials. This instability compromises the supply chain, making it difficult for oil processors and biodiesel manufacturers to secure consistent feedstock volumes.
Key Market Trends
The rapid commercialization of high-oleic canola oil for industrial frying is transforming processing infrastructure as food service operators aggressively seek stable, trans-fat-free alternatives with extended fry life. This shift is compelling major processors to scale up dedicated food-grade refining capabilities to ensure reliable supply volumes for large-scale frying applications, moving beyond generic commodity processing.
In this report, the Global Canola Oil Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Canola Oil Market.
Global Canola Oil Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: