The Asia Pacific Canola Oil Market would witness market growth of 4.2% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 14,659.7 Kilo Tonnes, showcasing a growth of 2.9% (2019-2022).
Canola oil is obtained by pressing the seeds of the canola plant (a variety of rapeseed), which has become a kitchen staple. It is renowned for its versatility, neutral flavor, and numerous health benefits. The market has experienced significant growth and transformation, driven by consumer preference shifts, agricultural practice advancements, and innovative technologies. The adoption of canola oil as a cooking and dietary essential has been nothing short of remarkable. It emerged as a relatively obscure oil in the late 20th century and has gained widespread acceptance and recognition.
Increasing consumer awareness of health and nutrition has been instrumental in propelling the adoption of canola oil. It is known for its heart-healthy properties because it is low in saturated fats and rich in monounsaturated and polyunsaturated fats, especially omega-3 and omega-6 fatty acids. These attributes make it an attractive choice for those seeking to reduce their risk of heart disease and manage cholesterol levels. Canola oil's versatility is another reason for its widespread adoption. Its mild, neutral flavor and high smoke point make it ideal for various culinary applications, from frying and sautéing to baking and salad dressings.
As more people move to cities in the Asia Pacific, their lifestyles and dietary preferences change. This urbanization increases demand for processed and convenience foods as people seek ready-to-eat and time-saving meal options. As incomes rise, consumers in the Asia Pacific region are diversifying their diets and increasingly adopting Western dietary patterns. As per the data from the State Council of the Government of China, the food industry experienced consistent growth in production and sales during the first half of the year. The retail sales of grain, oil, and food reached 903.18 billion yuan in the first half of 2022. The growth of the food processing industry in countries like China and India will likely boost the expansion of the market in the Asia Pacific region.
The China region dominated the Asia Pacific Canola Oil Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.3 Billion by 2030. The Japan region is registering a CAGR of 3.4% during (2023 - 2030). Additionally, The India region would showcase a CAGR of 4.8% during (2023 - 2030).
Based on Nature, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Food Processing, Food Service, Households, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Canola oil Market is Predict to reach $43.3 Billion by 2030, at a CAGR of 3.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Louis Dreyfus Company B.V., Cargill, Incorporated, Associated British Foods PLC, Archer Daniels Midland Company, Wilmar International Limited, Bunge Limited, Jivo Wellness Pvt. Ltd., American Vegetable Oils, Inc., Richardson International Limited and La Tourangelle, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Nature Volume, Kilo Tonnes, USD Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Food Processing
- Food Service
- Households
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Louis Dreyfus Company B.V.
- Cargill, Incorporated
- Associated British Foods PLC
- Archer Daniels Midland Company
- Wilmar International Limited
- Bunge Limited
- Jivo Wellness Pvt. Ltd.
- American Vegetable Oils, Inc.
- Richardson International Limited
- La Tourangelle, Inc.
TABLE 1 Asia Pacific Canola oil Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Canola oil Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Conventional Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Conventional Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Conventional Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Conventional Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Organic Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Organic Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Organic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Organic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Food Processing Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Food Processing Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Food Processing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Food Processing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Food Service Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Food Service Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Food Service Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Food Service Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Households Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Households Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Households Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Households Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Canola oil Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Canola oil Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Canola oil Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Canola oil Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 China Canola oil Market, 2019 - 2022, USD Million
TABLE 42 China Canola oil Market, 2023 - 2030, USD Million
TABLE 43 China Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 44 China Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 45 China Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 46 China Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 47 China Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 48 China Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 49 China Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 50 China Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 51 China Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 52 China Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Japan Canola oil Market, 2019 - 2022, USD Million
TABLE 54 Japan Canola oil Market, 2023 - 2030, USD Million
TABLE 55 Japan Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Japan Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Japan Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 58 Japan Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 59 Japan Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 60 Japan Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 61 Japan Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 62 Japan Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 63 Japan Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Japan Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 India Canola oil Market, 2019 - 2022, USD Million
TABLE 66 India Canola oil Market, 2023 - 2030, USD Million
TABLE 67 India Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 68 India Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 69 India Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 70 India Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 71 India Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 72 India Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 73 India Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 74 India Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 75 India Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 India Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 South Korea Canola oil Market, 2019 - 2022, USD Million
TABLE 78 South Korea Canola oil Market, 2023 - 2030, USD Million
TABLE 79 South Korea Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 80 South Korea Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 81 South Korea Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 82 South Korea Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 83 South Korea Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 84 South Korea Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 85 South Korea Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 86 South Korea Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 87 South Korea Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 South Korea Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Singapore Canola oil Market, 2019 - 2022, USD Million
TABLE 90 Singapore Canola oil Market, 2023 - 2030, USD Million
TABLE 91 Singapore Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Singapore Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Singapore Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 94 Singapore Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 95 Singapore Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 96 Singapore Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 97 Singapore Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 98 Singapore Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 99 Singapore Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Singapore Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Malaysia Canola oil Market, 2019 - 2022, USD Million
TABLE 102 Malaysia Canola oil Market, 2023 - 2030, USD Million
TABLE 103 Malaysia Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Malaysia Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Malaysia Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 106 Malaysia Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 107 Malaysia Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 108 Malaysia Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 109 Malaysia Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 110 Malaysia Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 111 Malaysia Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Malaysia Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of Asia Pacific Canola oil Market, 2019 - 2022, USD Million
TABLE 114 Rest of Asia Pacific Canola oil Market, 2023 - 2030, USD Million
TABLE 115 Rest of Asia Pacific Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of Asia Pacific Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Asia Pacific Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 119 Rest of Asia Pacific Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Asia Pacific Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 122 Rest of Asia Pacific Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 123 Rest of Asia Pacific Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Key Information – Louis Dreyfus Company B.V.
TABLE 126 Key Information – Cargill, Incorporated
TABLE 127 Key Information – Associated British Foods PLC
TABLE 128 Key Information – Archer Daniels Midland Company
TABLE 129 Key Information – Wilmar International Limited
TABLE 130 Key Information – Bunge Limited
TABLE 131 Key Information – Jivo Wellness Pvt. Ltd.
TABLE 132 Key Information – American Vegetable Oils, Inc.
TABLE 133 Key Information – Richardson International Limited
TABLE 134 Key Information – La Tourangelle, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Canola oil Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting canola oil market
FIG 4 Porter’s Five Forces Analysis - Canola oil Market
FIG 5 Asia Pacific Canola oil Market share by Nature, 2022
FIG 6 Asia Pacific Canola oil Market share by Nature, 2030
FIG 7 Asia Pacific Canola oil Market by Nature, 2019 - 2030, USD Million
FIG 8 Asia Pacific Canola oil Market share by Application, 2022
FIG 9 Asia Pacific Canola oil Market share by Application, 2030
FIG 10 Asia Pacific Canola oil Market by Application, 2019 - 2030, USD Million
FIG 11 Asia Pacific Canola oil Market share by Country, 2022
FIG 12 Asia Pacific Canola oil Market share by Country, 2030
FIG 13 Asia Pacific Canola oil Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: LOUIS DREYFUS COMPANY B.V.
FIG 15 SWOT Analysis: Cargill, Incorporated
FIG 16 Swot Analysis: Associated British Foods PLC
FIG 17 SWOT Analysis: Archer Daniels Midland Company
FIG 18 SWOT Analysis: WILMAR INTERNATIONAL LIMITED
FIG 19 SWOT Analysis: Bunge Limited
FIG 20 SWOT Analysis: JIVO WELLNESS PVT. LTD.
FIG 21 SWOT Analysis: AMERICAN VEGETABLE OILS, INC.
FIG 22 SWOT Analysis: Richardson International Limited
FIG 23 SWOT Analysis: La Tourangelle, Inc.