Regulatory : Health Canada and the Canadian Food Inspection Agency (CFIA) share responsibilities in regard to labelling requirements for foods. CFIA also administers and enforces those aspects of the Food and Drugs Act and the Consumer Packaging and Labelling Act that ensure labelling is understandable, truthful and not misleading. and Camelina oil when added to foods (salad dressing, margarine) as an ingredient would be part of the fat declaration in the Nutrition Facts table. It is listed as camelina oil in the ingredient list. Canpressco has been notified to consult with the CFIA to resolve common name and labelling issues of food products containing camelina oil. They have also been notified to contact the CFIA's Feed Division for further information on how to obtain authorization for the use of camelina oil by-products as livestock feed.
The article cited AMA's "Global Camelina Oil Market Study" explored substantial growth of %. According to the report, Rising Demand for Biofuels
is one of the primary growth factors for the market. High Demand for Camelina Oil Due To Its Numerous Applications
is also expected to contribute significantly to the Camelina Oil market. Overall, Food Industry
applications of Camelina Oil, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Chanel, such as Online, is boosting the Camelina Oil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Camelina Oil market identified that the demand is rising in many different parts of the world as "Rising Demand from End-User Industry
". Furthermore, some recent industry insights like "In February 2020, Smart Earth Camelina Corporation initiated their shipping with first rail tank car of camelina oil from the Canadian prairies to an aquaculture customer in Vancouver. Company has started their shipping with crush partner Virtex Farm Foods. with this development, company is able to expand its business across Vancouver and able to gain attention from high-value sustainable aquaculture feed market." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Camelina Oil market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Camelina Oil market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Camelina Oil market size is calculated using market estimation process, the Camelina Oil market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Camelina Oil market size has been validated using both top-down and bottom-up approaches.