The North America Canola Oil Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 6,778.7 Kilo Tonnes, showcasing a growth of 2.7% (2019-2022).
Canola oil is an important component in the cosmetics and personal care industries. Its emollient properties make it a prevalent component in skincare products like lotions, creams, and hair conditioners. It aids in hydrating and nourishing the epidermis and hair. It is also utilized in various industrial applications, including producing lubricants, bio-based plastics, and even manufacturing bio-based ink. Its biodegradability and renewability make it an attractive option in these applications.
Consumers are increasingly seeking healthier dietary options and clean-labeled products. This trend has encouraged the use of canola oil in food products, as it aligns with the demand for natural, non-GMO, and heart-healthy ingredients. Sustainability is a core focus of the market. From sustainable farming practices to reducing the carbon footprint of canola oil production, the industry is actively addressing environmental concerns. Increasingly, consumers prefer environmentally conscious products and are prepared to pay a premium for them.
The rise in North America's population and the associated demand for processed and convenience foods are key drivers of the food processing sector's expansion. As per the data provided by the United States Department of Agriculture, according to the U.S. Department of Commerce, Bureau of the Census's County Business Patterns, the United States had a total of 41,080 food and beverage processing plants in 2021. California had the highest number of food and beverage manufacturing plants, with 6,301 establishments. Texas and New York were prominent states in this sector, with 2,782 and 2,662 manufacturing plants, respectively. The ongoing growth in North America's food processing industry will help expand the market.
The US region dominated the North America Canola Oil Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $6.8 Billion by 2030. The Canada region is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 5.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The 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)
- US
- Canada
- Mexico
- Rest of North America
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 North America Canola oil Market, 2019 - 2022, USD Million
TABLE 2 North America Canola oil Market, 2023 - 2030, USD Million
TABLE 3 North America Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 6 North America Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 7 North America Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Conventional Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Conventional Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Conventional Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Conventional Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Organic Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Organic Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Organic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Organic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 18 North America Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 19 North America Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Food Processing Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Food Processing Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Food Processing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Food Processing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Food Service Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Food Service Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Food Service Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Food Service Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Households Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Households Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Households Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Households Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Canola oil Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Canola oil Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Canola oil Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Canola oil Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 US Canola oil Market, 2019 - 2022, USD Million
TABLE 42 US Canola oil Market, 2023 - 2030, USD Million
TABLE 43 US Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 44 US Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 45 US Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 46 US Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 47 US Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 48 US Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 49 US Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 50 US Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 51 US Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 52 US Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Canada Canola oil Market, 2019 - 2022, USD Million
TABLE 54 Canada Canola oil Market, 2023 - 2030, USD Million
TABLE 55 Canada Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Canada Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Canada Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 58 Canada Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 59 Canada Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 60 Canada Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 61 Canada Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 62 Canada Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 63 Canada Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Canada Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Mexico Canola oil Market, 2019 - 2022, USD Million
TABLE 66 Mexico Canola oil Market, 2023 - 2030, USD Million
TABLE 67 Mexico Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Mexico Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Mexico Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 70 Mexico Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 71 Mexico Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 72 Mexico Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 73 Mexico Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 74 Mexico Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 75 Mexico Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Mexico Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of North America Canola oil Market, 2019 - 2022, USD Million
TABLE 78 Rest of North America Canola oil Market, 2023 - 2030, USD Million
TABLE 79 Rest of North America Canola oil Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of North America Canola oil Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of North America Canola oil Market by Nature, 2019 - 2022, USD Million
TABLE 82 Rest of North America Canola oil Market by Nature, 2023 - 2030, USD Million
TABLE 83 Rest of North America Canola oil Market by Nature, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of North America Canola oil Market by Nature, 2023 - 2030, Kilo Tonnes
TABLE 85 Rest of North America Canola oil Market by Application, 2019 - 2022, USD Million
TABLE 86 Rest of North America Canola oil Market by Application, 2023 - 2030, USD Million
TABLE 87 Rest of North America Canola oil Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Rest of North America Canola oil Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Key Information – Louis Dreyfus Company B.V.
TABLE 90 Key Information – Cargill, Incorporated
TABLE 91 Key Information – Associated British Foods PLC
TABLE 92 Key Information – Archer Daniels Midland Company
TABLE 93 Key Information – Wilmar International Limited
TABLE 94 Key Information – Bunge Limited
TABLE 95 Key Information – Jivo Wellness Pvt. Ltd.
TABLE 96 Key Information – American Vegetable Oils, Inc.
TABLE 97 Key Information – Richardson International Limited
TABLE 98 Key Information – La Tourangelle, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Canola oil Market share by Nature, 2022
FIG 6 North America Canola oil Market share by Nature, 2030
FIG 7 North America Canola oil Market by Nature, 2019 - 2030, USD Million
FIG 8 North America Canola oil Market share by Application, 2022
FIG 9 North America Canola oil Market share by Application, 2030
FIG 10 North America Canola oil Market by Application, 2019 - 2030, USD Million
FIG 11 North America Canola oil Market share by Country, 2022
FIG 12 North America Canola oil Market share by Country, 2030
FIG 13 North America 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.