Canola Oil Market
Report ID: SQMIG30C2179
Report ID: SQMIG30C2179
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Report ID:
SQMIG30C2179 |
Region:
Global |
Published Date: May, 2025
Pages:
197
|Tables:
91
|Figures:
70
Global Canola Oil Market size was valued at USD 36.02 Million in 2024 and is poised to grow from USD 37.28 Million in 2025 to USD 49.09 Million by 2033, growing at a CAGR of 3.5% during the forecast period (2026–2033).
Growing awareness regarding health benefits of canola oil, high demand from food processing industry, government support for canola oil production, and expansion of e-commerce industry are slated to drive canola oil consumption.
Canola oil's low saturated fat and high omega-3 fatty acid content drive its appeal among health-conscious consumers. Stability of canola oil under high-temperature cooking makes it a popular choice in food processing. Use of canola oil in cosmetics, lubricants, and biodegradable plastics is also slated to drive the global canola oil market growth over the coming years. Launch of subsidies, tax incentives, and R&D grants by governments to support canola cultivation are also creating new business scope for market players.
On the contrary, high costs of canola oil, concerns regarding genetically modified crops, environmental and climate risks, supply chain restrictions, and trade barriers are estimated to hamper the sales of canola oil around the world through 2032 and beyond.
Market snapshot - 2026-2033
Global Market Size
USD 34.8 million
Largest Segment
Processed Canola Oil
Fastest Growth
Virgin Canola Oil
Growth Rate
3.5% CAGR
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Global Canola Oil Market is segmented by Category, Packaging Type, Product, Distribution Channel, Application and region. Based on Category, the market is segmented into Organic and Conventional. Based on Packaging Type, the market is segmented into Bottles, Cans, Pouches and Others. Based on Product, the market is segmented into Processed Canola Oil and Virgin Canola Oil. Based on Distribution Channel, the market is segmented into Offline Stores and Online Retailers. Based on Application, the market is segmented into Food Processing, Food Service and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The processed canola oil segment is estimated to hold the largest share of the global canola oil industry. Low cost and broader application scope of processed canola oil is helping it emerge as a dominant segment. High smoke point and neutral flavor of processed canola oil are making it a mainstay in multiple food processing applications. Low costs compared to virgin canola oil are also further boosting the adoption of processed canola oil.
Meanwhile, the demand for virgin canola oil is slated to increase steadily in the future. High demand for minimally processed oils and growing health consciousness among people are expected to create new business scope via this segment. Preference for healthy food products is estimated to primarily boost sales of virgin canola oil.
The supermarkets and hypermarkets segment is estimated to account for a major chunk of the global canola oil market share. Extensive reach and convenience offered by supermarkets is allowing this segment to spearhead global canola oil sales. Expansion of retail infrastructure and increasing number of people shopping from supermarkets and hypermarkets are expected to further cement the dominance of this segment in the long run.
On the other hand, the demand for canola oil via online channels is slated to rise at a rapid pace. Growing internet penetration and rapid expansion of e-commerce industry are slated to help this segment open up new avenues of opportunities in the long run. Rising consumer preference for online shopping is also slated to help boost business via this segment.
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Rising middle-class population, increasing health awareness, and a shift from traditional cooking oils to healthier alternatives are helping Asia Pacific dominate canola oil demand. Growing food processing industries and expanding retail sectors are boosting canola oil usage in packaged foods. Emphasis on boosting regional canola oil production is high in Asian countries.
Japanese consumers value quality, safety, and non-GMO labeling, making canola a preferred alternative to soybean and palm oils. Japan is one of Asia’s key importers of canola oil, relying heavily on Canadian exports. Light flavor and high smoke point of canola oil is promoting its use for tempura frying, ready-to-eat foods, and processed snacks in the country.
South Korea’s canola oil demand is rising as consumers shift toward healthier dietary fats amid increasing awareness of cardiovascular health. The country has a robust food processing industry that heavily uses canola oil in snacks, sauces, and instant meals. Urban consumers, in particular, are adopting canola for home cooking due to its light texture and neutral taste. Health-based marketing and dietary shifts are expected to fuel further canola oil demand in the long run.
Large-scale domestic production of canola oil in European countries makes it the second-largest regional market on a global level. High adoption of rapeseed oil (a type of canola oil) for its heart-health benefits, sustainability credentials, and use in both culinary and industrial applications is also boosting revenue. Strict food regulations and a strong focus on non-GMO and organic products also govern market development.
The United Kingdom canola oil market is growing steadily, supported by increasing health awareness and the need for alternatives to saturated fats. Local production of rapeseed oil contributes to a robust supply chain, and British consumers are shifting to homegrown, traceable, and sustainable products. Post-Brexit trade dynamics have encouraged more domestic sourcing, while clean-label and plant-based food trends are driving the premium segment. Brands are also emphasizing cold-pressed and extra-virgin variants to appeal to health-conscious and gourmet consumers.
Germany is one of Europe’s top consumers and producers of rapeseed oil, the European variant of canola. The market is driven by strong domestic agricultural production, sustainability values, and preference for non-GMO and organic oils. Canola is widely used in both culinary applications and industrial uses like biodiesel. The market is also influenced by food labeling regulations and rising demand for healthier oils in processed foods.
France is a leading producer and consumer of canola (rapeseed) oil in Europe, with a market focused on sustainability, quality, and origin. The demand is supported by widespread use in culinary traditions and packaged foods. With strong local production and support for agri-tech innovation, France is positioned as both a major consumer and exporter within the European Union.
Extensive adoption of canola oil for cooking, food processing, and industrial applications is helping generate new business scope in the North American region. Strong health trends promoting omega-3 rich and heart-friendly oils are also slated to boost consumption of canola oil going forward. Emphasis on innovation in non-GMO, high-oleic, and cold-pressed canola oil products can also create new opportunities in the long run.
Growing health consciousness and demand for clean-label ingredients, canola oil is gaining ground over soybean and palm oil in the United States. Rise in high-oleic canola oil popularity among industrial users for its stability and extended shelf life is also contributing to high demand. However, the country still relies on Canada for most of its canola oil imports, which make cross-border trade a vital aspect of canola oil business.
Canada is the world’s largest producer and exporter of canola oil, accounting for a major share of global supply. The domestic market is highly mature, with canola oil used extensively in homes, restaurants, and packaged foods. Strong R&D in seed genetics and sustainability practices has made Canada a leader in high-yield, climate-resilient varieties.
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Growing Demand from Food Processing Industry
Biofuel and Industrial Applications
High Cost Compared to Traditional Oils
Concerns Regarding GM Crops
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Canola Oil providers should focus on improving affordability and accessibility to their offerings around the world. Making canola oil available year-round available is also a key opportunity that most companies are focusing on. Targeting countries with rapidly expanding vegan population is slated to boost revenue generation as per this global canola oil market forecast.
Most new companies entering the canola oil industry are expected to focus on cold-pressed and organic offerings. Here are some startups that are expected to change the trajectory of canola oil demand in the long run.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, high emphasis on energy efficiency and rising adoption of sensor technologies are slated to primarily drive the demand for canola oil going forward. However, shortage of skilled workforce and data privacy risks are anticipated to slow down the sales of canola oil in the future. North America is slated to emerge as the dominant region owing to quick adoption of smart technologies and presence of top canola oil innovators. Integration of renewable energy with smart grids and high demand for digital twin technology are slated to create new business scope for canola oil companies in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 36.02 Million |
| Market size value in 2033 | USD 49.09 Million |
| Growth Rate | 3.5% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Canola Oil Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Canola Oil Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Canola Oil Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Canola Oil Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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