The Latin America, Middle East and Africa Canola Oil Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 2,648.1 Kilo Tonnes, showcasing a growth of 6.2% (2023-2030).
The growing emphasis on sustainable and environmentally friendly agriculture has buoyed Canola oil's adoption. Canola plants have a comparatively small environmental footprint and require fewer pesticides than other oilseed crops, making them a sustainable option for farmers and a selling point for eco-conscious consumers. Marketing and promotional efforts by the market and health organizations have successfully communicated the benefits of canola oil. This has further driven its adoption among consumers seeking healthier cooking and eating alternatives.
It is predominantly used in cooking. Its high smoke point of approximately 400 degrees Fahrenheit (204 degrees Celsius) makes it suitable for deep-frying, sautéing, and stir-frying. The food industry frequently uses canola oil to produce snacks, processed foods, and ready-to-eat meals. Its neutral taste allows food manufacturers to create products with a consistent flavor profile, and its stability ensures extended shelf life for many processed foods. It is a key feedstock in the production of biodiesel.
Rapid urbanization in many LAMEA countries has led to consumer lifestyle and preferences changes. Urban dwellers often seek convenient and ready-to-eat food options, driving the demand for processed foods and encouraging the growth of the food processing sector. The LAMEA region is known for its diverse culinary traditions. The food processing sector is leveraging this diversity to develop a wide range of ethnic and regional products, catering to local and international markets. Based on the data released by the United States Department of Agriculture, according to the Brazilian Food Processors' Association (ABIA), the country's food processing sector registered revenues of R$922.6 billion (US$171 billion) in 2021, an increase of 16.9 percent compared to 2020. Therefore, the growth of the foodservice sector in UAE and the food processing sector in Brazil are the factors that can help in the expansion of the market in the LAMEA region.
The Brazil region dominated the LAMEA Canola oil Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $780.5 Million by 2030. The Argentina region is showcasing a CAGR of 5.2% during (2023 - 2030). Additionally, The UAE region would register a CAGR of 4.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Canola oil Market is Projected to reach USD 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Canola oil Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Canola oil Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 6 LAMEA Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 7 LAMEA Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Conventional Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Conventional Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Conventional Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Conventional Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Organic Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Organic Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Organic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Organic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 18 LAMEA Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 19 LAMEA Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Food Processing Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Food Processing Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Food Processing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Food Processing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Food Service Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Food Service Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Food Service Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Food Service Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Households Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Households Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Households Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Households Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Canola oil Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Canola oil Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Canola oil Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Canola oil Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Brazil Canola oil Market, 2019 - 2022, USD Million
TABLE 42 Brazil Canola oil Market, 2023 - 2030, USD Million
TABLE 43 Brazil Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 44 Brazil Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 45 Brazil Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 46 Brazil Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 47 Brazil Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 48 Brazil Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 49 Brazil Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 50 Brazil Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 51 Brazil Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 52 Brazil Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Argentina Canola oil Market, 2019 - 2022, USD Million
TABLE 54 Argentina Canola oil Market, 2023 - 2030, USD Million
TABLE 55 Argentina Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Argentina Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Argentina Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 58 Argentina Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 59 Argentina Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 60 Argentina Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 61 Argentina Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 62 Argentina Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 63 Argentina Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Argentina Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 UAE Canola oil Market, 2019 - 2022, USD Million
TABLE 66 UAE Canola oil Market, 2023 - 2030, USD Million
TABLE 67 UAE Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 68 UAE Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 69 UAE Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 70 UAE Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 71 UAE Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 72 UAE Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 73 UAE Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 74 UAE Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 75 UAE Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 UAE Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Saudi Arabia Canola oil Market, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Canola oil Market, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Saudi Arabia Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Saudi Arabia Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 83 Saudi Arabia Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 84 Saudi Arabia Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 85 Saudi Arabia Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 86 Saudi Arabia Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 87 Saudi Arabia Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Saudi Arabia Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 South Africa Canola oil Market, 2019 - 2022, USD Million
TABLE 90 South Africa Canola oil Market, 2023 - 2030, USD Million
TABLE 91 South Africa Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 92 South Africa Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 93 South Africa Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 94 South Africa Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 95 South Africa Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 96 South Africa Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 97 South Africa Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 98 South Africa Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 99 South Africa Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 South Africa Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Nigeria Canola oil Market, 2019 - 2022, USD Million
TABLE 102 Nigeria Canola oil Market, 2023 - 2030, USD Million
TABLE 103 Nigeria Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Nigeria Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Nigeria Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 106 Nigeria Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 107 Nigeria Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 108 Nigeria Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 109 Nigeria Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 110 Nigeria Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 111 Nigeria Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Nigeria Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of LAMEA Canola oil Market, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Canola oil Market, 2023 - 2030, USD Million
TABLE 115 Rest of LAMEA Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of LAMEA Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of LAMEA Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 118 Rest of LAMEA Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 119 Rest of LAMEA Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of LAMEA Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of LAMEA Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of LAMEA 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 LAMEA 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 LAMEA Canola oil Market share by Nature, 2022
FIG 6 LAMEA Canola oil Market share by Nature, 2030
FIG 7 LAMEA Canola oil Market by Nature, 2019 - 2030, USD Million
FIG 8 LAMEA Canola oil Market share by Application, 2022
FIG 9 LAMEA Canola oil Market share by Application, 2030
FIG 10 LAMEA Canola oil Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Canola oil Market share by Country, 2022
FIG 12 LAMEA Canola oil Market share by Country, 2030
FIG 13 LAMEA 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.