The Global Canola Oil Market Size is estimated at $32.1 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 3.7% to reach $42.9 Billion by 2034.
The global Canola Oil Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Organic, Conventional), By Application (Cooking, Industrial).
An Introduction to Canola Oil Market in 2025
The Canola Oil Market is seeing continued growth due to the oil's favorable health profile and versatility in cooking and food processing. Derived from the canola plant, this oil is prized for its low saturated fat content and high levels of monounsaturated fats and omega-3 fatty acids. Market growth is driven by increasing consumer awareness of heart-healthy oils, the expanding use of canola oil in both household and commercial kitchens, and the rise in demand for plant-based and healthier cooking options. Innovations in oil extraction and refining technologies, along with growing applications in non-food industries, are also contributing to market expansion.
Canola Oil Competitive Landscape
The market report analyses the leading companies in the industry including Adams Group, American Vegetable Oils Inc, Archer Daniels Midland Co., Associated British Foods Plc, B and G Foods Inc, Borges International Group SLU, Bunge Ltd, Cargill Inc, CHS Inc, GrainCorp Ltd, Highwood Crossing Foods Ltd, Jivo Wellness Pvt. Ltd, Louis Dreyfus Co. BV, Parrish and Heimbecker Ltd, Paterson GlobalFoods Inc, Richardson International Ltd, Sunora Foods Inc, TITAN OILS Inc, Viterra Ltd, Wilmar International Ltd, and others.
Canola Oil Market Dynamics
Market Trend: Shift Towards Healthier Cooking Oils
A prominent trend in the Canola Oil market is the shift towards healthier cooking oils. Consumers are increasingly aware of the benefits of oils with lower levels of saturated fats and higher content of unsaturated fats, which are perceived as better for heart health. Canola oil, known for its favorable fatty acid profile, including high levels of monounsaturated fats and omega-3 fatty acids, is gaining popularity as a healthier alternative to more saturated cooking oils. This trend is driving product innovation and marketing efforts towards emphasizing the health benefits of canola oil.
Market Driver: Growing Demand for Healthy and Functional Ingredients
The growing demand for healthy and functional ingredients is a key driver in the Canola Oil market. As consumers become more health-conscious, there is an increased preference for oils that offer nutritional benefits beyond basic cooking needs. Canola oil’s low saturated fat content and high omega-3 fatty acid levels make it a sought-after ingredient in both home cooking and food processing. This rising awareness about the health benefits of canola oil is fueling its demand across various segments, including packaged foods, beverages, and culinary uses.
Market Opportunity: Expansion into Emerging Economies
An opportunity for growth in the Canola Oil market lies in expansion into emerging economies. As economic development and rising disposable incomes in regions such as Asia-Pacific, Latin America, and Africa increase, there is a growing demand for higher-quality cooking oils. By entering these markets with targeted marketing strategies and localized product offerings, canola oil producers can tap into a new consumer base. Establishing distribution networks and forming partnerships with local food manufacturers and retailers can further enhance market presence and drive growth in these burgeoning economies.
Canola Oil Market Share Analysis: Conventional is expected to generate the highest revenue in 2025.
Conventional Canola Oil is the largest segment in the Canola Oil Market by type. This dominance is due to its widespread availability and affordability, making it a staple in both household and commercial kitchens. Conventional canola oil is produced on a larger scale compared to organic varieties, allowing for economies of scale that result in lower prices. Its neutral flavor and high smoke point make it versatile for various cooking methods, including frying, baking, and sautéing, which increases its demand among consumers and food service providers. Additionally, conventional canola oil is often fortified with vitamins and omega-3 fatty acids, enhancing its nutritional profile and appeal. The extensive distribution networks and strong marketing efforts by major oil manufacturers further bolster its market presence. As a result, conventional canola oil maintains its status as the largest segment in the canola oil market due to its practicality, cost-effectiveness, and versatility.
Canola Oil Market Share Analysis: Cooking is poised to register the fastest growth rate (CAGR) over the forecast period from 2025 to 2034.
The Cooking segment is the fastest-growing in the Canola Oil Market by application. This rapid growth is driven by the increasing global demand for healthy and versatile cooking oils. Canola oil, known for its low saturated fat content and high levels of heart-healthy monounsaturated fats, is gaining popularity among health-conscious consumers. The rise in home cooking, spurred by trends towards healthier eating and the impact of the COVID-19 pandemic, has further accelerated the demand for canola oil as a preferred choice for various culinary applications. Its suitability for high-temperature cooking methods, such as frying and grilling, and its use in salad dressings and baking make it an essential item in kitchens worldwide. Furthermore, the ongoing innovation in packaging and fortification with essential nutrients like omega-3 fatty acids enhances its appeal. As consumers continue to prioritize health and convenience in their cooking habits, the cooking segment is expected to see significant growth, making it the fastest-growing application in the canola oil market.0
Canola Oil Market Segmentation
By Type
Organic
Conventional
By Application
Cooking
Industrial
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Canola Oil Companies Profiled in the Study
Adams Group
American Vegetable Oils Inc
Archer Daniels Midland Co.
Associated British Foods Plc
B and G Foods Inc
Borges International Group SLU
Bunge Ltd
Cargill Inc
CHS Inc
GrainCorp Ltd
Highwood Crossing Foods Ltd
Jivo Wellness Pvt. Ltd
Louis Dreyfus Co. BV
Parrish and Heimbecker Ltd
Paterson GlobalFoods Inc
Richardson International Ltd
Sunora Foods Inc
TITAN OILS Inc
Viterra Ltd
Wilmar International Ltd
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Canola Oil Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Canola Oil Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Canola Oil Market Size by Segments, 2018- 2024
Key Statistics, 2024
Canola Oil Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Canola Oil Types, 2018- 2024
Canola Oil Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Canola Oil Applications, 2018- 2024
8. Canola Oil Market Size Outlook by Segments, 2024- 2034
By Type
Organic
Conventional
By Application
Cooking
Industrial
9. Canola Oil Market Size Outlook by Region
North America
Key Market Dynamics
North America Canola Oil Market Size Outlook by Type, USD Million, 2021-2034
North America Canola Oil Market Size Outlook by Application, USD Million, 2021-2034
North America Canola Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Canola Oil Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Canola Oil Market Size Outlook by Type, USD Million, 2021-2034
Europe Canola Oil Market Size Outlook by Application, USD Million, 2021-2034
Europe Canola Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Canola Oil Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Canola Oil Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Canola Oil Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Canola Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Canola Oil Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Canola Oil Market Size Outlook by Type, USD Million, 2021-2034
South America Canola Oil Market Size Outlook by Application, USD Million, 2021-2034
South America Canola Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Canola Oil Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Canola Oil Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Canola Oil Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Canola Oil Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Canola Oil Market Size Outlook by Country, USD Million, 2021-2034
10. United States Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Canola Oil Market Size Outlook by Type, 2021- 2034
United States Canola Oil Market Size Outlook by Application, 2021- 2034
United States Canola Oil Market Size Outlook by End-User, 2021- 2034
11. Canada Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Canola Oil Market Size Outlook by Type, 2021- 2034
Canada Canola Oil Market Size Outlook by Application, 2021- 2034
Canada Canola Oil Market Size Outlook by End-User, 2021- 2034
12. Mexico Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Canola Oil Market Size Outlook by Type, 2021- 2034
Mexico Canola Oil Market Size Outlook by Application, 2021- 2034
Mexico Canola Oil Market Size Outlook by End-User, 2021- 2034
13. Germany Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Canola Oil Market Size Outlook by Type, 2021- 2034
Germany Canola Oil Market Size Outlook by Application, 2021- 2034
Germany Canola Oil Market Size Outlook by End-User, 2021- 2034
14. France Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
France Canola Oil Market Size Outlook by Type, 2021- 2034
France Canola Oil Market Size Outlook by Application, 2021- 2034
France Canola Oil Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Canola Oil Market Size Outlook by Type, 2021- 2034
United Kingdom Canola Oil Market Size Outlook by Application, 2021- 2034
United Kingdom Canola Oil Market Size Outlook by End-User, 2021- 2034
16. Spain Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Canola Oil Market Size Outlook by Type, 2021- 2034
Spain Canola Oil Market Size Outlook by Application, 2021- 2034
Spain Canola Oil Market Size Outlook by End-User, 2021- 2034
17. Italy Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Canola Oil Market Size Outlook by Type, 2021- 2034
Italy Canola Oil Market Size Outlook by Application, 2021- 2034
Italy Canola Oil Market Size Outlook by End-User, 2021- 2034
18. Benelux Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Canola Oil Market Size Outlook by Type, 2021- 2034
Benelux Canola Oil Market Size Outlook by Application, 2021- 2034
Benelux Canola Oil Market Size Outlook by End-User, 2021- 2034
19. Nordic Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Canola Oil Market Size Outlook by Type, 2021- 2034
Nordic Canola Oil Market Size Outlook by Application, 2021- 2034
Nordic Canola Oil Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Canola Oil Market Size Outlook by Type, 2021- 2034
Rest of Europe Canola Oil Market Size Outlook by Application, 2021- 2034
Rest of Europe Canola Oil Market Size Outlook by End-User, 2021- 2034
21. China Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
China Canola Oil Market Size Outlook by Type, 2021- 2034
China Canola Oil Market Size Outlook by Application, 2021- 2034
China Canola Oil Market Size Outlook by End-User, 2021- 2034
22. India Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
India Canola Oil Market Size Outlook by Type, 2021- 2034
India Canola Oil Market Size Outlook by Application, 2021- 2034
India Canola Oil Market Size Outlook by End-User, 2021- 2034
23. Japan Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Canola Oil Market Size Outlook by Type, 2021- 2034
Japan Canola Oil Market Size Outlook by Application, 2021- 2034
Japan Canola Oil Market Size Outlook by End-User, 2021- 2034
24. South Korea Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Canola Oil Market Size Outlook by Type, 2021- 2034
South Korea Canola Oil Market Size Outlook by Application, 2021- 2034
South Korea Canola Oil Market Size Outlook by End-User, 2021- 2034
25. Australia Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Canola Oil Market Size Outlook by Type, 2021- 2034
Australia Canola Oil Market Size Outlook by Application, 2021- 2034
Australia Canola Oil Market Size Outlook by End-User, 2021- 2034
26. South East Asia Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Canola Oil Market Size Outlook by Type, 2021- 2034
South East Asia Canola Oil Market Size Outlook by Application, 2021- 2034
South East Asia Canola Oil Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Canola Oil Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Canola Oil Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Canola Oil Market Size Outlook by End-User, 2021- 2034
28. Brazil Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Canola Oil Market Size Outlook by Type, 2021- 2034
Brazil Canola Oil Market Size Outlook by Application, 2021- 2034
Brazil Canola Oil Market Size Outlook by End-User, 2021- 2034
29. Argentina Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Canola Oil Market Size Outlook by Type, 2021- 2034
Argentina Canola Oil Market Size Outlook by Application, 2021- 2034
Argentina Canola Oil Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Canola Oil Market Size Outlook by Type, 2021- 2034
Rest of South America Canola Oil Market Size Outlook by Application, 2021- 2034
Rest of South America Canola Oil Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Canola Oil Market Size Outlook by Type, 2021- 2034
United Arab Emirates Canola Oil Market Size Outlook by Application, 2021- 2034
United Arab Emirates Canola Oil Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Canola Oil Market Size Outlook by Type, 2021- 2034
Saudi Arabia Canola Oil Market Size Outlook by Application, 2021- 2034
Saudi Arabia Canola Oil Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Canola Oil Market Size Outlook by Type, 2021- 2034
Rest of Middle East Canola Oil Market Size Outlook by Application, 2021- 2034
Rest of Middle East Canola Oil Market Size Outlook by End-User, 2021- 2034
34. South Africa Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Canola Oil Market Size Outlook by Type, 2021- 2034
South Africa Canola Oil Market Size Outlook by Application, 2021- 2034
South Africa Canola Oil Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Canola Oil Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Canola Oil Market Size Outlook by Type, 2021- 2034
Rest of Africa Canola Oil Market Size Outlook by Application, 2021- 2034
Rest of Africa Canola Oil Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Adams Group
American Vegetable Oils Inc
Archer Daniels Midland Co.
Associated British Foods Plc
B and G Foods Inc
Borges International Group SLU
Bunge Ltd
Cargill Inc
CHS Inc
GrainCorp Ltd
Highwood Crossing Foods Ltd
Jivo Wellness Pvt. Ltd
Louis Dreyfus Co. BV
Parrish and Heimbecker Ltd
Paterson GlobalFoods Inc
Richardson International Ltd
Sunora Foods Inc
TITAN OILS Inc
Viterra Ltd
Wilmar International Ltd
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
