The global cold-pressed canola oil market is anticipated to grow at a considerable CAGR of 18.5% during the forecast period (2023–2030). Canola oil consumption is increasing significantly around the globe owing to numerous advantages to the health it provides. Canola oil has a lower saturated fat content than other oils. Besides that, organic cold-pressed canola oil use is fast expanding among health-conscious customers. Cold-pressed canola oil includes omegas 3, 6, and 9; vital fatty acids lower cholesterol and maintain a healthy heart, cognitive function, and joint mobility, increasing consumer usage. Since cold-pressed canola oil is pure and free of additives and processing, it is in high demand among customers.
Browse the full report description of “Cold-Pressed Canola Oil Market Size, Share, and Trends Analysis Report By Type (Organic Cold-Pressed Canola Oil and Ordinary Cold-Pressed Canola Oil), and By End-User Industry (Food Industry, Biofuels, and Oleo Chemicals), Forecast Period (2023–2030)” at https://www.omrglobal.com/industry-reports/cold-pressed-canola-oil-market
Additionally, the expansion of the e-commerce sector is pushing local vendors in the cold-pressed canola oil market to distribute cold-pressed canola oil worldwide, resulting in a major increase in corporate penetration in cold-pressed canola oil online sales. The use of biodiesel is also supporting the market’s growth. Cold-pressed canola oil is used as a feedstock to produce biodiesel through a chemical process called transesterification. During transesterification, the fatty acids in the canola oil are separated from the glycerol molecule and then reacted with an alcohol such as methanol or ethanol to form fatty acid methyl esters (FAMEs), which are the main component of biodiesel. Hence, the growth of the biodiesel industry is supporting the market. For instance, in November 2021, Purefuel Energy, a firm that has been performing biodiesel R&D for many years, entered the retail biodiesel fuel station sector in India. Following a series of studies over the years, biodiesel is now recognized as a viable alternative to fossil fuels that can be used to power vehicles. In keeping with the Government of India's Green Energy Mission, the company's objective is to make biodiesel widely available.
Market Coverage
• The Market Number Available for – 2022-2030
o Base year- 2022
o Forecast period- 2023-2030
• Segment Covered-
o By Type
o By End-User Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Alba Edible Oils, Bunge North America, Inc., Deve Herbes, Extra Virgin Cape Canola, and others.
Key questions addressed in the report
• What is the market growth rate?
• Which segment and region dominated the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected regions and segments
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Cold-Pressed Canola Oil Market Report Segment
By Type
By End-User Industry
Global Cold-Pressed Canola Oil Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
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