Asia Pacific Canola Oil Market Size & Outlook, 2024-2030
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Asia Pacific canola oil market highlights
- The Asia Pacific canola oil market generated a revenue of USD 12.6 million in 2024.
- The market is expected to grow at a CAGR of 3.6% from 2025 to 2030.
- In terms of segment, food processing was the largest revenue generating application in 2024.
- Food Service is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 12.6 million |
| Market revenue in 2030 | USD 15.6 million |
| Growth rate | 3.6% (CAGR from 2025 to 2030) |
| Largest segment | Food processing |
| Fastest growing segment | Food Service |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Service, Food Processing, Retail |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.5% of the global canola oil market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15.6 million by 2030.
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Canola Oil Market Scope
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 |
Asia Pacific 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 37.3% in 2024. Horizon Databook has segmented the Asia Pacific canola oil market based on food service, food processing, retail covering the revenue growth of each sub-segment from 2018 to 2030.
In the Asia Pacific region, the growth of canola oil is driven by increasing demand for healthier food options and a rising population. Consumers in this region are becoming more health-conscious, leading to a higher demand for cooking oils that offer health benefits, such as canola oil5.
Additionally, the expanding food service and food processing industries in countries like China and India contribute to the growth of canola oil, as these sectors require large quantities of versatile oils for various applications.
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Target buyers of Asia Pacific canola oil market databook
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Our clientele includes a mix of canola oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific canola oil market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific canola oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific canola oil market size, by country, 2018-2030 (US$M)
Asia Pacific Canola Oil Market Outlook Share, 2024 & 2030 (US$M)
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