Cold Pressed Canola Oil Market Size, Share & Industry 2030
Global Cold pressed Canola Oil Market
Segments - By Distribution Channel (B2B, B2C), End User (Food Industry, Biofuel, Cosmetics, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Segments - By Distribution Channel (B2B, B2C), End User (Food Industry, Biofuel, Cosmetics, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
The global cold-pressed canola oil market size was valued at USD 1,461.1 Million in 2019 and is projected to reach USD 2,506.1 Million by 2027, expanding at a CAGR of 7.1% during the forecast period. Cold-pressed canola oil is extracted from canola seeds using a press method in a heat-controlled environment. This method preserves flavor and nutrients to obtain the highest quality of canola oil.
Cold-pressed canola oil is rich in omega-three. The cold-pressed canola oil has an omega ratio of 3-6 (1:2). Health benefits associated with cold-pressed canola oil include a reduction in the probability of a heart attack, a reduction in linoleic acid consumption per meal, and a promotion in brain health. Consumption of cold-pressed canola is significantly increasing across the world, as it has low saturated fats, 0% trans fats & cholesterol, contains antioxidants, is rich in vitamin E & K, and is fortified with vitamin A & D.
The oil is organic and chemical-free. Moreover, no heat treatment is required during the extraction of canola oil from oilseeds in the cold-pressed method. The rise in preference for organic consumption with less saturated fats, due to its cardiological benefits is significantly boosting market growth across the globe. Moreover, the number of companies that market campaigns and advertise cold-pressed canola oil is significantly increasing product awareness among customers across the globe.
Increasing consumption of cold-pressed canola oil in the food industry is boosting B2B sales of the products. Additionally, rise in the usage of cold-pressed canola oil in cosmetics products due to its skincare benefits is driving market growth across the globe.
The demand for canola oil is significantly increasing across the globe due to the health benefits associated with it. Canola oil contains a lesser amount of saturated fats than other oils. The consumption of organic cold pressed oil is rapidly increasing among health-conscious users, especially cold-pressed canola oil. It contains omegas 3, 6, and 9, it reduces cholesterol and maintains a healthy heart, brain function, and joint mobility, which in turn, increases its consumption among consumers.
Cold-pressed canola oil is natural and free from additives and processing; thus, its demand is rising significantly among customers. For example, the demand for canola oil products increased by 8% to 9% in 2019 in Europe. Moreover, increasing awareness regarding health benefits associated with cold-pressed canola oil across the globe is expected to drive the market during the forecast period.
Increasing Product Penetration in Retail Channels
Expansion of the e-commerce industry provides is encouraging local vendors in the cold pressed canola oil market to distribute cold-pressed canola oil globally, which has resulted in a significant increase in company penetration in the online sales of cold-pressed canola oil. Moreover, rising number of retail stores and supermarket chains engaged in selling cold-pressed canola oil is creating growth opportunities for small-scale vendors in the market.
Furthermore, rising purchasing power of consumers, changes in lifestyle, and relaxation of foreign investment regulations by governments are anticipated to boost investments in the e-commerce sector. Key players in the market are significantly focusing on partnerships with e-commerce giants such as Amazon.com, Inc. and Alibaba Group Holding Limited to increase their customer base across the globe.
High Preference for Substitutes and High Cost of Cold-pressed Canola Oil
Use of less costly substitutes that are easily available such as conventional canola oil, olive oil, safflower oil, coconut oil, sunflower oil, almond oil, cottonseed oil, corn oil, soybean oil, avocado oil, and peanut oil is expected to restraint the cold-pressed canola oil market share. Some of the traditional manufacturers in the food industry are engaged in the use of conventional techniques expeller pressed instead of cold-pressed for extraction of canola oil techniques due to the lack of technological advancements and lack of skilled workers.
Additionally, the prices of canola oil are comparatively higher than other edible oils that are available in the market, restricting its large-scale adoption. These factors are retaining the growth of the global cold-pressed canola oil industry.
Cold Pressed Canola Oil Market Segment Insights
Based on distribution channel, the Global Cold-pressed Canola Oil Market is bifurcated into B2B and B2C. The B2B segment is anticipated to hold a significant share of the cold-pressed canola oil market analysis and the B2C distribution channel is expected to expand at a high CAGR during the forecast period.
High usage of cold-pressed canola oil in food services and food processing has led to an increase in the share of the B2B segment in the market. Moreover, increasing cold-pressed canola oil use in biodiesels is expected to boost B2B sales of the market during the forecast period.
The B2C segment is expected to rise during the forecast period, due to rapid product adoption among end-use customers globally as key players in the market are significantly engaged in product advertisement through various media. Moreover, the availability of cold-pressed canola oil in hypermarkets/supermarkets, specialty/convenience stores, online channels, and other retail channels is positively influencing the purchasing trend among customers.
Based on end-user, the Global Cold-pressed Canola Oil Market is classified as the food industry, biofuels, cosmetics, and others. The food industry holds a significant share of the market, while the cosmetics industry is expected to expand at a significant CAGR during the forecast period.
Rising number of health-conscious consumers is fueling the growth of the food segment of the Global Cold-pressed Canola Oil Market. High oleic acid properties in the oil aid lower the level of bad cholesterol without disturbing the good cholesterol present in the human body, thereby limiting the risk of heart ailments. This is a key factor, boosting product demand in the food industry. Moreover, growing awareness about the benefits of cold-pressed canola oil is driving segment growth globally.
In terms of region, the Global Cold-pressed Canola Oil Market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounts for a significant share of the market, followed by Europe. The ease of availability of oil in Canada has led to significant growth of the market in the region. Moreover, increasing product sales in hypermarkets, supermarkets, convenience stores, and online stores, has contributed to the growth of the canola oil market in North America.
The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period due to the rise in demand for cold-pressed canola oil among consumers and increasing product awareness. Key players are engaged in promoting cold-pressed canola oil among consumers in developed economies of Asia Pacific through marketing.
Key Benefits for Industry Participants & Stakeholders
In-depth Analysis of the Global Cold-pressed Canola Oil Market
Historical, Current and Projected Market Size in terms of Value and Volume
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Cold-pressed Canola Oil Market Performance
Top players in the market include Bunge North America, Inc., Jivo Wellness Pvt. Ltd., Pleasant Valley Oil Mills, Mol Farms Inc., and Good Earth Oils Pty. Ltd. These companies are considered key manufacturers of cold-pressed canola oil based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.
The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where the potential opportunity for the cold-pressed canola oil market.
Chapter 1 Executive Summary Chapter 2 Assumptions and Acronyms Used Chapter 3 Research Methodology Chapter 4 Cold-pressed canola oil Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cold-pressed canola oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cold-pressed canola oil Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cold-pressed canola oil Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cold-pressed canola oil Market Size & Forecast, 2017-2027 4.5.1 Cold-pressed canola oil Market Size and Y-o-Y Growth 4.5.2 Cold-pressed canola oil Market Absolute $ Opportunity 4.6 Pricing Analysis & Forecast, 2017-2027 4.7 Cold-pressed Canola Oil Market: Production Process Outlook 4.8 Cold-pressed Canola Oil Market: Regulatory Landscape Chapter 5 Global Cold-pressed canola oil Market Analysis and Forecast By Distribution Channel 5.1 Introduction 5.1.1 Key Market Trends & Growth Opportunities By Distribution Channel 5.1.2 Basis Point Share (BPS) Analysis By Distribution Channel 5.1.3 Absolute $ Opportunity Assessment By Distribution Channel 5.2 Cold-pressed canola oil Market Size & Volume Forecast By Distribution Channel 5.2.1 B2B 5.2.2 B2C 5.3 Market Attractiveness Analysis By Distribution Channel Chapter 6 Global Cold-pressed canola oil Market Analysis and Forecast By End Use 6.1 Introduction 6.1.1 Key Market Trends & Growth Opportunities By End Use 6.1.2 Basis Point Share (BPS) Analysis By End Use 6.1.3 Absolute $ Opportunity Assessment By End Use 6.2 Cold-pressed canola oil Market Size & Volume Forecast By End Use 6.2.1 Food Industry 6.2.2 Biofuel 6.2.3 Cosmetics 6.2.4 Others 6.3 Market Attractiveness Analysis By End Use Chapter 7 Global Cold-pressed canola oil Market Analysis and Forecast by Region 7.1 Introduction 7.1.1 Key Market Trends & Growth Opportunities by Region 7.1.2 Basis Point Share (BPS) Analysis by Region 7.1.3 Absolute $ Opportunity Assessment by Region 7.2 Cold-pressed canola oil Market Size & Volume Forecast by Region 7.2.1 North America 7.2.2 Europe 7.2.3 Asia Pacific 7.2.4 Latin America 7.2.5 Middle East & Africa (MEA) 7.3 Market Attractiveness Analysis by Region Chapter 8 Coronavirus Disease (COVID-19) Impact 8.1 Introduction 8.2 Current & Future Impact Analysis 8.3 Economic Impact Analysis 8.4 Government Policies 8.5 Investment Scenario Chapter 9 North America Cold-pressed canola oil Analysis and Forecast 9.1 Introduction 9.2 North America Cold-pressed canola oil Market Size & Volume Forecast by Country 9.2.1 U.S. 9.2.2 Canada 9.3 Basis Point Share (BPS) Analysis by Country 9.4 Absolute $ Opportunity Assessment by Country 9.5 Market Attractiveness Analysis by Country 9.6 North America Cold-pressed canola oil Market Size & Volume Forecast By Distribution Channel 9.6.1 B2B 9.6.2 B2C 9.7 Basis Point Share (BPS) Analysis By Distribution Channel 9.8 Absolute $ Opportunity Assessment By Distribution Channel 9.9 Market Attractiveness Analysis By Distribution Channel 9.10 North America Cold-pressed canola oil Market Size & Volume Forecast By End Use 9.10.1 Food Industry 9.10.2 Biofuel 9.10.3 Cosmetics 9.10.4 Others 9.11 Basis Point Share (BPS) Analysis By End Use 9.12 Absolute $ Opportunity Assessment By End Use 9.13 Market Attractiveness Analysis By End Use Chapter 10 Europe Cold-pressed canola oil Analysis and Forecast 10.1 Introduction 10.2 Europe Cold-pressed canola oil Market Size & Volume Forecast by Country 10.2.1 Germany 10.2.2 France 10.2.3 Italy 10.2.4 U.K. 10.2.5 Spain 10.2.6 Russia 10.2.7 Rest of Europe 10.3 Basis Point Share (BPS) Analysis by Country 10.4 Absolute $ Opportunity Assessment by Country 10.5 Market Attractiveness Analysis by Country 10.6 Europe Cold-pressed canola oil Market Size & Volume Forecast By Distribution Channel 10.6.1 B2B 10.6.2 B2C 10.7 Basis Point Share (BPS) Analysis By Distribution Channel 10.8 Absolute $ Opportunity Assessment By Distribution Channel 10.9 Market Attractiveness Analysis By Distribution Channel 10.10 Europe Cold-pressed canola oil Market Size & Volume Forecast By End Use 10.10.1 Food Industry 10.10.2 Biofuel 10.10.3 Cosmetics 10.10.4 Others 10.11 Basis Point Share (BPS) Analysis By End Use 10.12 Absolute $ Opportunity Assessment By End Use 10.13 Market Attractiveness Analysis By End Use Chapter 11 Asia Pacific Cold-pressed canola oil Analysis and Forecast 11.1 Introduction 11.2 Asia Pacific Cold-pressed canola oil Market Size & Volume Forecast by Country 11.2.1 China 11.2.2 Japan 11.2.3 South Korea 11.2.4 India 11.2.5 Australia 11.2.6 South East Asia (SEA) 11.2.7 Rest of Asia Pacific (APAC) 11.3 Basis Point Share (BPS) Analysis by Country 11.4 Absolute $ Opportunity Assessment by Country 11.5 Market Attractiveness Analysis by Country 11.6 Asia Pacific Cold-pressed canola oil Market Size & Volume Forecast By Distribution Channel 11.6.1 B2B 11.6.2 B2C 11.7 Basis Point Share (BPS) Analysis By Distribution Channel 11.8 Absolute $ Opportunity Assessment By Distribution Channel 11.9 Market Attractiveness Analysis By Distribution Channel 11.10 Asia Pacific Cold-pressed canola oil Market Size & Volume Forecast By End Use 11.10.1 Food Industry 11.10.2 Biofuel 11.10.3 Cosmetics 11.10.4 Others 11.11 Basis Point Share (BPS) Analysis By End Use 11.12 Absolute $ Opportunity Assessment By End Use 11.13 Market Attractiveness Analysis By End Use Chapter 12 Latin America Cold-pressed canola oil Analysis and Forecast 12.1 Introduction 12.2 Latin America Cold-pressed canola oil Market Size & Volume Forecast by Country 12.2.1 Brazil 12.2.2 Mexico 12.2.3 Rest of Latin America (LATAM) 12.3 Basis Point Share (BPS) Analysis by Country 12.4 Absolute $ Opportunity Assessment by Country 12.5 Market Attractiveness Analysis by Country 12.6 Latin America Cold-pressed canola oil Market Size & Volume Forecast By Distribution Channel 12.6.1 B2B 12.6.2 B2C 12.7 Basis Point Share (BPS) Analysis By Distribution Channel 12.8 Absolute $ Opportunity Assessment By Distribution Channel 12.9 Market Attractiveness Analysis By Distribution Channel 12.10 Latin America Cold-pressed canola oil Market Size & Volume Forecast By End Use 12.10.1 Food Industry 12.10.2 Biofuel 12.10.3 Cosmetics 12.10.4 Others 12.11 Basis Point Share (BPS) Analysis By End Use 12.12 Absolute $ Opportunity Assessment By End Use 12.13 Market Attractiveness Analysis By End Use Chapter 13 Middle East & Africa (MEA) Cold-pressed canola oil Analysis and Forecast 13.1 Introduction 13.2 Middle East & Africa (MEA) Cold-pressed canola oil Market Size & Volume Forecast by Country 13.2.1 Saudi Arabia 13.2.2 South Africa 13.2.3 UAE 13.2.4 Rest of Middle East & Africa (MEA) 13.3 Basis Point Share (BPS) Analysis by Country 13.4 Absolute $ Opportunity Assessment by Country 13.5 Market Attractiveness Analysis by Country 13.6 Middle East & Africa (MEA) Cold-pressed canola oil Market Size & Volume Forecast By Distribution Channel 13.6.1 B2B 13.6.2 B2C 13.7 Basis Point Share (BPS) Analysis By Distribution Channel 13.8 Absolute $ Opportunity Assessment By Distribution Channel 13.9 Market Attractiveness Analysis By Distribution Channel 13.10 Middle East & Africa (MEA) Cold-pressed canola oil Market Size & Volume Forecast By End Use 13.10.1 Food Industry 13.10.2 Biofuel 13.10.3 Cosmetics 13.10.4 Others 13.11 Basis Point Share (BPS) Analysis By End Use 13.12 Absolute $ Opportunity Assessment By End Use 13.13 Market Attractiveness Analysis By End Use Chapter 14 Competition Landscape 14.1 Cold-pressed canola oil Market: Competitive Dashboard 14.2 Global Cold-pressed canola oil Market: Market Share Analysis, 2019 14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 14.3.1 Alba Edible Oils 14.3.2 Bunge North America, Inc. 14.3.3 Cold‑Pressed Virgin Canola Oil (CanFarmFoods) 14.3.4 deve herbes 14.3.5 Extra Virgin Cape Canola 14.3.6 Good Earth Oils Pty. Ltd. 14.3.7 Highwood Crossing Foods Ltd. 14.3.8 Jivo Wellness Pvt. Ltd. 14.3.9 Mol Farms Inc 14.3.10 Mountainview Farming 14.3.11 Pleasant Valley Oil Mills 14.3.12 North Prairie Family Farms
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According to this Growth Market Reports report, the cold-pressed canola oil market is likely to register a CAGR of 7.1% during forecast period 2020-2027, with an anticipated valuation of USD 2,506.1 million by the end of the 2027.
In addition to market size (in US$ Million), Company Market Share (in % for base year 2019), pricing analysis, production process outlook, and regulatory landscape.
Health-conscious consumers seek low fat alternatives, increasing product penetration in retail channels, rising use of cold-pressed canola oil in cosmetics, growing preference for cold-pressed canola oil among millennials, and increasing advisements on social media fuels demand are the factors expected to drive the market growth during forecast period.
The market is expected to slight decrease in growth of 0.9% between 2019 and 2020 owing to the COVID 19 pandemic on the cold-pressed canola oil market.
The base year considered for the global cold-pressed canola oil market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017, and 2018 are the historic years, and the forecast is provided from 2020 to 2027.
Factors such as vegetable oil industry, consumer behavior, e-commerce industry, import and export, biofuel industry, and technological advancement are analyzed in the final report.
Major manufacturers include, Bunge North America, Inc., Jivo Wellness Pvt. Ltd., Pleasant Valley Oil Mills, Mol Farms Inc., Good Earth Oils Pty. Ltd, and others.
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