Global Canola Oil Market Size & Outlook, 2024-2030

The global canola oil market size was estimated at USD 34.6 million in 2024 and is projected to reach USD 41.7 million by 2030, growing at a CAGR of 3.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$34.6
Forecast, 2030 (US$M)
$41.7
CAGR, 2025 - 2030
3.2%
Report Coverage
Worldwide

Global canola oil market highlights

  • The global canola oil market generated a revenue of USD 34.6 million in 2024 and is expected to reach USD 41.7 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 3.2% by 2030.
  • In terms of segment, food processing accounted for a revenue of USD 12.8 million in 2024.
  • Food Service is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 34.6 million
Market revenue in 2030USD 41.7 million
Growth rate3.2% (CAGR from 2025 to 2030)
Largest segmentFood processing
Fastest growing segmentFood Service
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood Service, Food Processing, Retail

Other key industry trends

  • In terms of revenue, the North America accounted for 22.1% of the global canola oil market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 0.8 million by 2030.

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Canola Oil Market Companies

Name Profile # Employees HQ Website
Paterson Grain View profile 501-1000 Bottineau, North Dakota, United States, North America https://www.patersongrainusa.com
Parrish & Heimbecker View profile 1001-5000 Winnipeg, Manitoba, Canada, North America https://parrishandheimbecker.com/
Sunora Foods View profile 1-10 Calgary, Alberta, Canada, North America https://www.sunora.com/
American Vegetable Oils View profile 11-50 Commerce, California, United States, North America http://americanvegoil.com
Richardson International View profile 1001-5000 Winnipeg, Manitoba, Canada, North America https://www.richardson.ca/
Jivo Wellness View profile 51-100 New Delhi, Delhi, India, Asia https://jivo.in/
The J.M. Smucker Company View profile - - -
La Tourangelle View profile 51-100 Allonnes, Centre, France, Europe https://www.latourangelle.fr
Archer Daniels Midland Company View profile 1001-5000 Chicago, Illinois, United States, North America http://www.adm.com
Louis Dreyfus Company View profile 10001+ Rotterdam, Zuid-Holland, The Netherlands, Europe http://www.ldc.com/
Adani Wilmar View profile 1001-5000 Ahmedabad, Gujarat, India, Asia https://www.adaniwilmar.com/
Arla Foods View profile 10001+ Viby, Skane Lan, Sweden, Europe http://www.arla.com
Bunge Global SA View profile 23000 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 https://www.bunge.com
Cargill View profile 10001+ Minneapolis, Minnesota, United States, North America http://www.cargill.com
Wilmar International Ltd View profile 100000 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 https://www.wilmar-international.com
Associated British Foods PLC View profile 133000 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY https://www.abf.co.uk

Global canola oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to canola oil market will help companies and investors design strategic landscapes.


Food processing was the largest segment with a revenue share of 36.99% in 2024. Horizon Databook has segmented the Global canola oil market based on food service, food processing, retail covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Canola Oil Application Outlook (Revenue, USD Million, 2018-2030)
    • Food Processing
    • Retail
    • Others
    • Food Service
  • Global Canola Oil Product Outlook (Revenue, USD Million, 2018-2030)
    • Virgin Oil
    • Processed Oil
  • Global Canola Oil Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Franchise Outlet
    • Supermarket & Hypermarket
    • Specialty Stores
    • Online Retailers

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Target buyers of Global canola oil market databook

  • Our clientele includes a mix of canola oil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global canola oil market , including forecasts for subscribers. This global databook contains high-level insights into Global canola oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global canola oil market size, by regions, 2018-2030 (US$M)

Top 10 countries: Canola oil market size, 2024 (US$M)

Global canola oil market share, by product, 2024 & 2030 (%, US$M)

Canola oil market: Opportunity assessment by country

Global canola oil market, by region, 2024 (US$M)

Global canola oil market size, by regions, 2018-2030 (US$M)

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