Research Reports
Canola Oil Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2027
The global Canola Oil market is forecast to reach USD 48.34 Billion by 2027, according to a new report by Reports and Data. It is a vegetable oil extracted from rapeseed. It is rich in omega-3 and omega-6 fatty acids, vitamin E, and monosaturated fats. It has a lower amount of saturated fats and trans-fats in comparison…
The post Canola Oil Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global Canola Oil market is forecast to reach USD 48.34 Billion by 2027, according to a new report by Reports and Data. It is a vegetable oil extracted from rapeseed. It is rich in omega-3 and omega-6 fatty acids, vitamin E, and monosaturated fats. It has a lower amount of saturated fats and trans-fats in comparison to other vegetable oils. The oil helps in reducing inflammations and improving metabolism. This helps in the development of infants and protecting against heart attacks and strokes. Initially, canola oil had only industrial uses, whereas now it finds applications in the residential as well as commercial spaces.
A rise in the number of cardiovascular diseases, as well as the prevalence of other diseases, has led people to focus on their health. Canola oil has high oleic acid, which helps in reducing the high cholesterol levels. It is rapidly being used as a cooking oil by health-conscious consumers, thus propelling the market growth.
Europe held the second-largest share in the Canola Oil market. It is among the leading producer of canola oil across the globe. France, Germany, and the U.K. accounted for more than 80% of the European share. Rapeseed is grown mainly for meal and oil in Europe. Increasing awareness related to the nutritional benefits of the canola oil encourage its demand.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2670
Key participants include Ruchi Soya Industries Ltd., Archer Daniels Midland Company, Borges Mediterranean Group, The Adani Wilmar Ltd., Associated British Foods (Ach), Fuji Vegetable Oil Inc., American Vegetable Oils Inc., Sunora Foods, Arla Foods AmbA, and Richardson International Limited, among others.
For the purpose of this report, Reports and Data have segmented into the global Canola Oil market on the basis of manufacturing process, application, distribution channel, and region:
Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Cold-pressed Method
- Solvent Extraction Method
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Processed Food
- Cooking
- Personal Care
- Biofuels
- Lubricants
- Others
Distribution Channel Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Modern Trade
- Specialty Store
- Franchise Outlets
- Online
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2670
Further key findings from the report suggest
- The cold-pressed method involves the crushing of canola oil seeds and forcing it out. It is a process that preserves health benefits and flavors. Its price is higher than the extracted canola oil, as the yield of this product is lower.
- The online segment held the fastest growth rate during the forecast period. The growing trend of online shopping is getting a boom in recent years. This is due to the increasing application of mobile devices at a rapid rate. With the growth in the busy lifestyle, people prefer to perform every possible activity in their personal smartphones.
- Canola Oil can be made into biodiesel through a refinery process called transesterification. The oil is combined with alcohol to remove the glycerin. Pure canola biodiesel can be blended into any proportion with petroleum diesel. The fuel can be used in diesel engines.
- Canola oil is used in the skincare and cosmetic industry owing to its anti-aging properties, which helps in reducing fine lines, acne, blemishes, and wrinkles. It is also utilized in the hair care sector for smoothening hair. Canola Oil is used in the preparation of plasticizers to provide a higher velocity. Rise in the end-use industries is further propelling the market demand.
- North America is forecasted to grow with a CAGR of 4.9% during the forecast period. The region’s growth is due to the presence of popular players, and increasing awareness regarding the health benefits will propel the demand for the growth of the market.
Key Features of the Canola Oil Market Report:
- The report offers a comprehensive analysis of the changing competitive dynamics.
- Provides a futuristic outlook on the key market drivers and restraining factors.
- A comprehensive 8-year forecast of the market and its expected growth rate and pattern.
- In-depth analysis of the key product segments and application spectrum
- Provides strategic recommendations to the established companies and new entrants to provide a competitive advantage over the other companies.
- Comprehensive analysis of the key regions of the industry and provides a SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market.
- Helps in formulating strategic business decisions and investments plans.
Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/2670
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Explore Reports and Data’s Prime Analysis of the global Foods & Beverage:
- Food Authenticity Testing Market Size, Share & Share By Product Type and By Region, Forecast to 2026
- Dairy Testing Market Size, Trends & Analysis, By Type And Regional Forecast Over 2017-2026
- Food Diagnostics Market Size, Share & Analysis, By Type, By Application and Regional Forecast over 2017-2028
- Meat Testing Market Size, Share & Analysis, By Product Type, By Application, By Region, Forecast To 2026
- Health Drinks Market Size, Trends & Analysis, By Type, By Application, By Region, Forecasts To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-canola-oil-market
The post Canola Oil Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
-
Business3 days ago
Mike Bahun and Fundraising University Make a Lasting Impact on Sports Programs Nationwide
-
Top Stories3 days ago
After VW plant victory, UAW sets its sights on Mercedes in Alabama
-
Investing3 days ago
Forex Market Trends to Watch Out For in 2024
-
Top Stories3 days ago
Hedge fund borrowing hits five-year peak, Goldman Sachs says