About Extracted Canola Oil
Canola oil is derived by either gently heating crushed canola seeds dissolved in hexane or by cold pressing. Finally, it's refined using water precipitation and organic acid to remove gums and free fatty acids, filtration to remove colour, and steam distillation to deodorise it.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD N) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Extracted Canola Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Louis Dreyfus Company (Netherlands), Cibus (United States), Valley Oil (United States), Richardson Oilseed (Canada), ADM (United States), Viterra (Netherlands), CHS (United States), Cargill (United States), Bunge United States, Oliyar:(Ukraine), Wilmar International (Singapore) and COFCO (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Allstar (United States), Yingcheng Oil Company (China) and Daodaoqua (China).
Segmentation Overview
AMA Research has segmented the market of Global Extracted Canola Oil market by Type (Transgenic Canola Oil and Non-transgenic Canola Oil), Application (Food Industry, Pharmaceutical Industry, Cosmetics and Personal care Industry, Personal Care, Biofuels, Oleo Chemicals and Others) and Region.
On the basis of geography, the market of Extracted Canola Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Artificial will boost the Extracted Canola Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Extracted Canola Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Production method, the sub-segment i.e. Cold- pressed method will boost the Extracted Canola Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Vegetable Containing Cooking Oil as it is Enriched with Mega -3 and Mega -6 fatty
Market Growth Drivers:
Presence of High Levels of Vitamin E and K Can Boost the Extracted Canola Oil Market and Number of Powerful Antioxidants Can Boost the Extracted Canola Oil Market
Challenges:
Rising Adulteration can Hamper the Extracted Canola Oil Market
Restraints:
Contain Small Amount of Trans Fat Which is Harmful to Health Can Restrain The Market
Opportunities:
Easy Online Availability of will Boost the Extracted Canola Oil Market
Market Leaders and their expansionary development strategies
On 1 April 2019, Cibus, a plant-breeding technology leading company announced a partnership with Valley oils. This partnership will help Cibus to produce canola with the Cibus ultra-high-oleic oil trait. Cibus' existing herbicide-tolerant germplasm was supplemented with the ultra-high-oleic oil trait, resulting in a fully non-transgenic "stacked" phenotype. High oleic vegetable oils have been demonstrated to be heart-healthy since they are high in beneficial unsaturated fat and low in saturated fat.
“According to the USFDA Food, commercial canola oil derived from specific cultivars poses no risk of allergic responses, human or animal damage, or fatty acid content alterations. The USCA agrees with the FDA's current evaluation of these novel cultivars' safety, particularly when found unintentionally at low levels in human and animal food sources. We are optimistic that the FDA's food safety discussions on these new canola varieties will result in a positive outcome. The unexpected presence of modest quantities of genetic material from their respective omega-3 canola types in limited commercial canola fields and hybrid seed production has been noticed by BASF Agricultural Solutions (BASF) and Nuseed. Long-chain omega-3 fatty acids are produced by these species, which are used in aquaculture and human meals.”
Key Target Audience
Extracted Canola Oil Manufacturers, Extracted Canola Oil Distributors and Suppliers, Extracted Canola Oil International Traders, Research and Development Institutes, Financial Institutes and Investors, Regulatory Bodies, Downstream and Upstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.