Canola Oil Market Investigation Reveals Contribution By Major Companies During The Assessment Period 2030
Reports and Data has recently published a new market
research report titled Global Canola Oil Market Forecast to 2030. The report has been
formulated through extensive research and provides insights into the paradigm
shifts observed in the market to assist readers maximize on their investments
and capitalize on the recent development and competitive landscape of the
global market. The report is an exhaustive assessment of the crucial aspects of
the market including key geographical regions, technology, product types,
application spectrum, key companies operating in the market, and overall
industry overview.
The global Canola Oil Market is forecast to
reach USD 312.2 Billion by 2030, 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.
Statistical data indicating product consumption across
all these topographies have been cited in the report. These particulars additionally
consist of a basic summary of the corporations, company profile, and the
product portfolio of the company in focus. The report analyses the gathered
information relating to the profits accrued, sales, gross margins, price
patterns, revenue and updates on the activities of the company.
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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
Players:
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.
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Regional
Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
Market
Segmentation:
Manufacturing
Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Cold-pressed Method
- Solvent Extraction
Method
Application
Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Processed Food
- Cooking
- Personal Care
- Biofuels
- Lubricants
- Others
Distribution
Channel Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Modern Trade
- Specialty Store
- Franchise Outlets
- Online
Objective of Studies:
· To provide detailed analysis of the market structure
along with forecast of the various segments and sub-segments of the global Canola
Oil market.
· To provide insights about factors affecting the market
growth. To analyze the Canola Oil market based on various factors- price
analysis, supply chain analysis, Porte five force analysis etc.
· To provide historical and forecast revenue of the market
segments and sub-segments with respect to four main geographies and their
countries- North America, Europe, Asia, Latin America and Rest of the World.
· To provide country level analysis of the market with
respect to the current market size and future prospective.
Key Questions Answered In The Report:
1. What
will be the market size and growth rate in the forecast year?
2. What
are the key factors driving the global Canola Oil market?
3. What
are the risks and challenges in front of the market?
4. Who
are the key players in the global Canola
Oil market?
5. What
are the trending factors influencing the market shares?
6. What
are the key outcomes of Porter’s five forces model?
7. Which
are the global opportunities for expanding the global Canola Oil market?
Thank you for reading this article. You can also get
chapter-wise sections or region-wise report coverage for North America, Europe,
Asia Pacific, Latin America, and Middle East & Africa.
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