- Press Release -

Rockville, Md. The global canola oil market is set to grow at a 3.2% CAGR through 2022, according to Fact.MR, carried by the oil's health reputation. Drawn from a heart-friendly plant family, canola oil is valued for lowering bad cholesterol without touching the good, and it reaches beyond the kitchen into cosmetics, lubricants, candles and inks.

Processed oil dominates the product mix, food service leads among end users, and Europe stands as the most favourable region. Specialty stores and online channels are the growth stories, gaining share on the larger modern trade segment.

Products, Channels and End Use

Processed oil leads the market, growing at a 4.2% CAGR and carrying more than double the revenue of virgin oil, which expands at an average pace from a smaller base. On distribution, specialty stores grow fastest at a 4.4% CAGR with online close behind, both gaining share on modern trade and franchise outlets even though modern trade still holds the largest revenue today. By end user, food service remains the largest, but retail grows fastest and is closing in, gaining several times the share that food service adds.

Europe leads by region on a strong consumer base and faster growth than North America and the Middle East and Africa, with Asia Pacific excluding Japan ranking second on growth.

Health Positioning Drives Demand

The market's steady climb rests on canola oil's health story and its versatility. As awareness of its heart and cholesterol benefits spreads, household and industrial uses alike expand, and the value of the leftover meal as livestock feed adds an extra incentive to keep production rising.

Suppliers and Their Playbook

The field brings together large agricultural and edible oil companies.

• American Vegetable Oils Inc., Adams Group, Fuji Vegetable Oil Inc., Cargill Inc., Borges Mediterranean Group, Bunge Limited, Archer Daniels Midland Company, Associated British Foods (Ach), Ruchi Soya Industries Ltd., and The Adani Wilmar Ltd. are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours processed lines and a stronger specialty and online presence. Investors get a steady, health-led market. Procurement teams can plan around modern trade leading current revenue, retail and specialty channels gaining share, and Europe offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global canola oil market for the 2017 to 2022 forecast period, with segmentation by product type, end user, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the canola oil market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.