Global Canola-based Products Market, By Uses (High Protein Meal and BloFuel Feedstock), Packaging Type (Bottles, Cans, Drums, Pouches, and Others), Distribution Channel (Store- Based, Supermarkets and Hypermarkets, Convenience Stores, Others, and Non-Store Based), Application (Cooking, Processed Food, Lubricants, Personal Care, Biofuels and Others), and Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Canola-based Products Market
The canola-based products market is expected to witness market growth at a rate of 7.40% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the canola-based products market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the use of canola oil in the cosmetic industry is escalating the growth of canola-based products market.
Canola (Brassica napus) is referred to be one of the top five oilseed crops cultivated around the world and the major oilseed crop in Canada. Canola oil is known to be a vegetable oil that is obtained from a range of rapeseed which is small in erucic acid in comparison to colza oil. They are particularly good for health because they contain omega-6 and omega-3, which are very useful for the heart.
Major factors that are expected to boost the growth of the canola-based products market in the forecast period are the high oleic acid characteristics in the canola oil assistance in lowering the level of bad cholesterol. Furthermore, the rise in the alertness regarding the advantages of canola is further anticipated to propel the growth of the canola-based products market. Moreover, the growing utilization of the remaining material as livestock feed is further estimated to cushion the growth of the canola-based products market. On the other hand, the rise in the price of the canola oil in comparison to the edible type is further projected to impede the growth of the canola-based products market in the timeline period.
In addition, owing to the anti-aging characteristics of canola because they are broadly utilized in personal care products will further provide potential opportunities for the growth of the canola-based products market in the coming years. However, the accessibility of alternatives in the industry might further challenge the growth of the canola-based products market in the near future.
This canola-based products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the canola-based products market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Canola-Based Products Market Scope and Market Size
The canola-based products market is segmented on the basis of uses, packaging type, distribution channel, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of uses, the canola-based products market is segmented into high protein meal and biofuel feedstock.
- On the basis of packaging type, the canola-based products market is segmented into bottles, cans, drums, pouches, and others.
- distribution channel, store-based, supermarkets and hypermarkets, convenience stores, others and non-store based
- On the basis of application, the canola-based products market is segmented into Cooking, Processed food, lubricants, personal care, biofuels and others.
Canola-based Products Market Country Level Analysis
The canola-based products market is analyzed, and market size, volume information is provided by country, uses, packaging type, distribution channel, and application as referenced above.
The countries covered in the canola-based products market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Europe dominates the canola-based products market due to being the leading manufacturer of canola oil around the world. Furthermore, the occurrence of major key players will further boost the growth of the canola-based products market in the region during the forecast period. Asia-Pacific is projected to observe a significant amount of growth in the canola-based products market due to the higher preference consumers towards trying canola oil. Moreover, the increase in the alertness regarding the health advantages it provides is further anticipated to propel the growth of the canola-based products market in the region in the coming years.
The country section of the canola-based products market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Canola-based Products Market Share Analysis
The canola-based products market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the canola-based products market.
The major players covered in the canola-based products market report are ADM, Associated British Foods plc, Sunora Foods, Jivo, Arla Foods amba, Richardson International Limited, Cargill, Incorporated., KTC Edibles, The J.M. Smucker Company, Bunge North America, Inc., Canaddin Pride Foods Inc., Manishankar Oils Private Limited., Macquarie Oil Co, BORGES INTERNATIONAL GROUP, S.L., and Louis Dreyfus Company among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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