A recent market intelligence report that is published by Data Insights Partner on the global Canola Oil Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Canola Oil Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Canola Oil Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Canola Oil Market is offered. In accordance with the report, the global Canola Oil Market is projected to expand at a CAGR of 5.1 % over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Canola is one of the top 5 oilseeds that is cultivated worldwide. Canola Oil is extracted from rapeseed from Canola plant. It contains low amounts of saturated fatty acids, high concentrations of monounsaturated fatty acids, and considerable level of Omega 3 and Omega 6 fatty acids, thereby making it high in nutritional value and taste.
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Canola Oil is a rich source of Vitamin E, thereby acting as an antioxidant. Also, with 7% of saturated fat, it helps to lower cholesterol in the human body. Many consumers are now shifting their focus towards healthy diet and low-fat oils, and with an increasing awareness of the benefits of canola oil, this market is expected to grow considerably in the forecast period. Canola Oil is also used extensively in beauty and cosmetic products, due to its anti-aging properties which helps in reducing fine lines, acne, blemishes, and wrinkles etc. Canola Oil is used as hair oil to straighten hair and also certain body lotions are prepared using this oil. The leftover that is obtained after producing canola oil is served to livestock due to its amino acid content which provides vitamins, fiber and minerals to livestock. However, the major factor that is hindering the growth of this market is the expensive price of canola oil as compared to other edible oil that is readily available in the market. The easily available substitute, soybean, further limits the growth of global canola oil market in the forecast period. Also, the negative impact on liver and kidney are major factors expected to hamper the growth of canola oil market in the forecast period.
North America leads the world market and is expected to remain dominant in the forecast period. With an increasing investment in emerging economies like China, India etc., the region of Asia Pacific is also expected to register a considerable growth in the future years. The Canola oil market is growing considerably due to its heavy demand from its strong distribution channel and retail sector. Profitable development and promotional activities of canola oil on social media platforms to increase health benefits in emerging countries can create high income opportunities for top players globally. Recent developments in terms of mergers, collaborations, acquisitions by manufacturers to increase their market shares and recognition in global market also helps in boosting this market significantly.
This market intelligence report on the global Canola Oil Market encompasses market segments based on process, application, category, type, packaging type and country/regions.
In terms of Application, the global Canola Oil Market is segregated into
- Processed Foods
- Personnel Care
In terms of manufacturing process, the global Canola Oil Market is segregated into
- Cold Pressed Method
- Solvent Extraction Method
In terms of Category, the global Canola Oil Market is segregated into
By type, the global Canola Oil Market is also classified into,
By packaging type, the global Canola Oil Market is also classified into,
By distribution channel, the global Canola Oil Market is also classified into,
- Store Based Retailing
ü Hypermarkets / Supermarkets
ü Convenience Store
ü Mom & Pop Stores
ü Discount Stores
ü Food & Drink Specialty Store
ü Independent Small Groceries
- Online Retailing
By country/region, the global Canola Oil Market has been divided into
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Archer Daniels Midland Company
- Associated British Foods
- Sunora Foods
- Wilson Foods
- Jivo Wellness Pvt. Ltd
- Dalmia Continental Pvt Ltd
- Arla Foods AmBA
- Richardson International Limited
- Cargill Inc.
- The Adani Wilmar Ltd
- Ruchi Soya Industries Ltd.
- Louis Dreyfus Company
- The J M Smucker Company
- Bunge Limited
- Canadian Pride Foods Inc.
- Borges International Group
- KTC Edibles Ltd and many more.
Other players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Canola Oil related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Canola Oil Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Canola Oil Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Archer Daniels Midland Company, Associated British Foods Plc, Sunora Foods, Wilson Foods, Jivo Wellness Pvt. Ltd, Dalmia Continental, Arla Foods, Richardson International Limited, Cargill Inc., Louis Dreyfus Company, The J.M Smucker Company, Bunge Limited, Canadian Pride Foods Inc., Borges International Group, KTC Edibles Ltd. and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Canola Oil Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Canola Oil Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Canola Oil Market
v Identification of key factors driving investment opportunities in the Canola Oil Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
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