(EMAILWIRE.COM, December 06, 2018 ) Canola Oil Market Overview

Canola oil is a vegetable oil derived from a variety of rapeseed that is low in erucic acid, as opposed to colza oil. There are both edible and industrial forms produced from the seed of any of several cultivars of the plant family. It is used as biodiesel for industrial purposes. It offers many health benefits like rich source for omega 3 and omega 6 fatty acids that are good for heart.

 

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Major factors diving growth of the global canola oil market are growing awareness regarding health benefits of canola oil and increasing its adoption for cooking purposes. However, high cost of canola oil is expected to hamper growth of the target market in the near future. Canola Oil also helps in reducing the risk factors for cardiovascular diseases and increasing population of individuals affected with cardiovascular diseases.



 Canola Oil Market Forecast Report (2018-2023)

Global Canola Oil Market is set to expand rapidly in the near future.

 

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Canola Oil Market Segmentation

The Global Canola Oil market is segmented based on application. On the basis of application, the market is categorized into cooking purposes, industrial use and others. Currently, cooking and processed foods account for the majority of the total global share as it is excessively used for culinary purposes.

Geographically, the Canola Oil market is segmented into regions of North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Europe enjoys the leading position in the global canola oil market. The rising demand for canola oil can be accredited to the increasing rate of health problems and chronic diseases in the region. Europe is followed by Asia Pacific, North America, Middle East and Africa, and Latin America.

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Major Players: 

The major companies dominating this market for its products and services are

Archer Daniel Midland Company
Associated British Foods
Burge, Cargill
Wilmar International
Conagra Foodservice
DalmiaShop
Huiles TITAN OILS
Jivo Wellness and Richardson International
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