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Canola fell to 645.74 CAD/T on December 2, 2025, down 0.22% from the previous day. Over the past month, Canola's price has risen 1.87%, and is up 9.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on December of 2025.
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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Canola (WPU01830171) from Dec 2011 to Sep 2025 about oil, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
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Rapeseed fell to 479.03 EUR/T on December 1, 2025, down 0.87% from the previous day. Over the past month, Rapeseed's price has fallen 0.10%, and is down 6.68% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Rapeseed Oil.
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Rapeseed oil prices in , October, 2025 For that commodity indicator, we provide data from February 2002 to October 2025. The average value during that period was 988.44 USD per metric ton with a minimum of 410.77 USD per metric ton in April 2002 and a maximum of 2266.17 USD per metric ton in April 2022. | TheGlobalEconomy.com
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View monthly updates and historical trends for US Canola Price Received. from United States. Source: US Department of Agriculture. Track economic data wit…
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Canola Oil Market Size 2025-2029
The canola oil market size is forecast to increase by USD 6.91 billion, at a CAGR of 3.3% between 2024 and 2029.
The market is driven by the increasing awareness of the health benefits associated with this versatile oil. Rich in monounsaturated and polyunsaturated fats, canola oil is a preferred choice for health-conscious consumers, leading to its growing demand in the food industry. Furthermore, the utilization of canola oil extends beyond the culinary sphere, with its application in plasticizers and adhesives industries. However, the market faces challenges from the rising popularity of substitute oils, such as olive oil and coconut oil, which are also promoted for their health benefits.
Companies in the market must navigate this competitive landscape by focusing on product innovation, cost competitiveness, and effective marketing strategies to maintain their market share. Additionally, ensuring sustainable sourcing and production practices can help bolster brand reputation and consumer trust, providing a strategic advantage in the market.
What will be the Size of the Canola Oil Market during the forecast period?
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The market continues to evolve, shaped by dynamic market dynamics and various applications across multiple sectors. Canola oil production is a significant contributor to the market, with ongoing efforts in crop breeding and yield optimization driving growth. Simultaneously, biodiesel production from canola oil is gaining traction as a renewable energy source, adding to the market's complexity. The food service industry and retail distribution sectors are major consumers of canola oil, with competition from various edible oils and changing consumer preferences influencing market trends. The competition landscape is diverse, with players focusing on product differentiation through omega-3 fatty acid content, non-GMO and organic offerings, and sustainable agriculture practices.
Oilseed byproducts, such as canola meal, have additional value in animal feed and fertilizer industries, further impacting market dynamics. New technologies, including improved crushing technology and refining methods, are shaping the market, while sustainability concerns and environmental impact assessments influence pricing trends. The fatty acid profile and health benefits of canola oil, including heart health and disease resistance, continue to drive demand. Culinary applications, from salad dressings to frying oil, expand the market's reach. Sustainable agriculture practices, pest control methods, and packaging formats are essential considerations for market players, ensuring a continuous focus on innovation and adaptation. The global production of canola oil is subject to market volatility and supply chain management challenges, with regional production patterns and transportation logistics influencing pricing and availability.
As consumer dietary habits shift, market dynamics will continue to evolve, requiring agility and strategic planning from industry participants.
How is this Canola Oil Industry segmented?
The canola oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Conventional
Organic
Application
Cooking
Industrial
Product Type
Processed
Virgin
Cold-pressed
Extracted
Geography
North America
US
Canada
Europe
France
Germany
Russia
UK
APAC
China
India
Japan
South Korea
Rest of World (ROW)
By Type Insights
The conventional segment is estimated to witness significant growth during the forecast period.
Canola oil, derived from genetically modified rapeseed, undergoes solvent extraction using hexane for oil separation. This process contrasts with pressing techniques used for other oils. The extracted oil then undergoes refining, bleaching, and deodorization (RBD) for commercial production. The affordability and widespread availability of conventional canola oil contribute to its popularity among consumers, despite its inability to be certified organic. Crop breeding and yield optimization have significantly increased canola oil production, making it a leading vegetable oil in the global market. The oil's health benefits, including heart health, disease resistance, and a favorable fatty acid profile, contribute to its widespread use in various industries.
Food service, retail distribution, and the production of biodiesel are significant sectors for canola oil consumption. Environmental concerns, such as carbon footprint and land use, have led to the development of new te
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View monthly updates and historical trends for Rapeseed Oil Price. Source: International Monetary Fund. Track economic data with YCharts analytics.
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In Q3 2025, North America, the Rapeseed Oil Price Index rose by 9.57% quarter-over-quarter, reflecting tightened supply. Check detailed insights for Europe and APAC.
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According to cognitive market research – the Canola Oil Market size in 2023 was XX Million. Canola Oil Market compound annual growth rate (CAGR) was XX% from 2024 to 2031
Based on application, the market is divided into food processing, foodservice, households, and others. In 2023, the food processing industry commanded the largest share of the market thanks to its biggest revenue generation food processing held the largest share, accounting for XX% share of the global revenue in 2023
Based on nature, the market is segmented into organic and conventional. With the largest share, the conventional segment is leading the global market.
Asia Pacific is a major producer and consumer of canola oil; in 2022, the market was estimated to be worth USD XX billion
North America is also witnessing substantial growth in this market, which is expected to proliferate in the near term
Market Dynamics of the global canola oil
Key drivers of the canola oil market
A Heavy focus on canola oil production will aid in increasing profit: One of the most popular and readily available substitutes for harmful oils is canola oil, which has been produced extensively for almost 3,000 years in India and since the 13th century in Europe. Diet-conscious consumers have made it more and more popular to use these kinds of oils in a wide range of culinary preparations Because canola oil has less saturated fat and more omega-3 and omega-6 fatty acids, which combine to make healthy cooking oils, it is better for intake over time. Consequently, this is increasing demand in the market. Canola oil contains antioxidants like vitamin E that slow the growth and spread of cancer cells, helping to prevent the disease. It helps to maintain a regular pace of metabolism and raises the body's energy levels by lowering cholesterol. In Canada, almost 20 million acres of cropland are harvested annually, mostly in the western provinces of Ontario, Quebec, Alberta, and other areas, to produce canola oil. Furthermore, a surge in the market's expansion is anticipated because of the growing need for high-nutritional fats, which encourages production. Source-(https://www.canolacouncil.org/about-canola/industry/#:~:text=Canola%20production&text=Every%20year%2C%20approximately%2020%20million,British%20Columbia%2C%20Ontario%20and%20Quebec.)
The Fraunhofer Center for Chemical-Biotechnological Processes (CBP), located in Germany, opened a prototype facility in May 2023 intending to manufacture rapeseed oil. High-grade canola oil and other byproducts like kernels and rapeseed hulls would be produced by the plant. Source-https://www.igb.fraunhofer.de/en/press-media/press-releases.html
Well-being and health awareness influencing consumer demand: One of the most popular and third most popular cooking oils in the world is canola oil. It is well known for having a high level of unsaturated fatty acids, especially polyunsaturated fatty acids, which contributes significantly to its nutritional value. Furthermore, an increasing body of research indicates that eating a diet high in unsaturated fatty acids has several positive health effects. In addition to these unsaturated fats, rapeseed oil contains nine other functional ingredients that have been shown to have various health benefits, including vitamin E, flavonoids, phospholipids, sterols, and others. Therefore, to increase canola oil's market growth, several restaurateurs are also attempting to incorporate it into their cooking methods. One of the main drivers of the market expansion is the general public's growing awareness of health and wellbeing. Furthermore, the growing inclinations of people towards food items that correspond with their nutritional objectives. Because of its well-known low saturated fat level, canola oil is a heart-healthy choice. It has a significant amount of omega-3 fatty acids as well as other mono- and polyunsaturated fats. Furthermore, canola oil's neutral flavor and high smoking point make it a versatile ingredient in the kitchen. It can be used to cook food in a variety of ways, such as baking, sautéing, and frying, without destroying or adding undesirable flavors. Merely 7% of canola oil is made up of saturated fatty acids, which is around half that of soybean, corn, and olive oils and one-quarter that of cotton...
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Global Rapeseed Oil Prices - Historical chart and current data through 2025.
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Edible Oil Market Size 2025-2029
The edible oil market size is forecast to increase by USD 18.37 billion, at a CAGR of 3.4% between 2024 and 2029.
The market is driven by the surging demand for trans-fat-free oils due to growing health consciousness among consumers. This trend is fueled by increasing awareness regarding the harmful effects of trans fats on human health. Furthermore, advancements in agriculture technology have enabled the production of high-quality, healthy oils, providing opportunities for market growth. However, the market faces distribution challenges that hinder its expansion. The complex supply chain and logistical issues in transporting edible oils from production sites to consumers in various regions create hurdles for market participants.
Companies must navigate these challenges by implementing robust logistics strategies and collaborating with reliable partners to ensure the timely and efficient delivery of their products. By addressing these challenges and catering to the evolving consumer preferences, market players can capitalize on the growing demand for healthier edible oil options and strengthen their market position. Consumer preferences for healthier alternatives, such as olive oil, are driving demand for alternative oils
What will be the Size of the Edible Oil Market during the forecast period?
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The market continues to evolve, shaped by dynamic market forces and shifting consumer preferences. Unsaturated fats, such as monounsaturated and polyunsaturated fatty acids, have gained prominence in food processing due to their health benefits. Cold-pressed oils, like olive and avocado, with their desirable nutritional profiles and high omega-3 and omega-6 fatty acid content, have gained popularity in various sectors. The fatty acid profile of oils, including rapeseed, sunflower, safflower, and canola, influences their applications in food processing and dietary guidelines. Smoke point and peroxide value are crucial factors in determining the suitability of oils for cooking applications. Linseed oil, with its high polyunsaturated fat content and low smoke point, is often used in non-cooking applications.
Price volatility, driven by factors like supply chain disruptions and government regulations, impacts the market. Organic and unrefined oils, with their perceived health benefits and higher production costs, command premium prices. Oxidation stability and moisture content are essential considerations for maintaining the quality and shelf life of edible oils. Sustainability concerns, particularly in the palm oil sector, have led to increased scrutiny and regulations. Corn oil, peanut oil, and other vegetable oils are used extensively in salad dressings and food manufacturing. Labeling requirements and consumer preferences for trans-fat-free and low-saturated fat options continue to shape the market landscape. The market is a complex web of interconnected factors, from production methods like solvent extraction and expeller-pressed oil to consumer preferences and government regulations.
The ongoing unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptable in this ever-changing industry.
How is this Edible Oil Industry segmented?
The edible oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Retail
Food service
Food processor
Packaging
Pouches
Bottles
Jars
Cans
Type
Palm oil
Soybean oil
Sunflower oil
Mustard oil
Others
Geography
North America
US
Canada
Europe
Germany
Russia
UK
APAC
China
India
Indonesia
Japan
South America
Brazil
Rest of World (ROW)
By End-user Insights
The Retail segment is estimated to witness significant growth during the forecast period. The market encompasses various types of oils, including unsaturated ones like rapeseed, sunflower, safflower, olive, and avocado, which provide healthier alternatives to saturated fats. The futures market plays a significant role in price determination, influencing the supply chain. Trans fats, however, are a concern due to their adverse health effects, leading to increased focus on omega-6 and omega-3 fatty acids. Cholesterol content is a critical consideration, with olive, canola, and flaxseed oils offering heart-healthy benefits. Food processing techniques, such as cold-pressing, expeller-pressing, and solvent extraction, impact the oil's nutritional value, smoke point, and oxidation stability. Consumer preferences prioritize monounsatura
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This table contains 288 series, with data for years 1956 - 1990 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (6 items: Canada; Atlantic Region; Ontario; Quebec ...), Commodities (278 items: Canola oil cake and meal; domestic; Meat products; Primary meat products; Meat; fish and dairy products ...).
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According to Cognitive Market Research, the global Extra Virgin Olive Oil market size was USD 9651.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 3860.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2895.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2219.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 482.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 193.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The food industry category is the fastest growing segment of the Extra Virgin Olive Oil industry
Market Dynamics of Extra Virgin Olive Oil Market
Key Drivers for Extra Virgin Olive Oil Market
Rising Health Consciousness to Boost Market Growth: The market for extra virgin olive oil (EVOO) is expanding due in large part to growing health consciousness. Healthy diets are becoming more and more important to consumers, who are looking for products like EVOO that are high in monounsaturated fats and antioxidants. Its demonstrated ability to lower inflammation, enhance cardiovascular health, and aid in weight control is consistent with consumers' increasing desire for natural and functional foods. An essential component of the Mediterranean diet, EVOO is well known for its ability to prolong life and fend against chronic illnesses. The demand for EVOO is rising as more people become aware of these advantages, especially in emerging nations. Health-related advertising campaigns and the growing popularity of plant-based and organic lifestyles are contributing factors to this trend.
Increasing Demand for Natural and Organic Products to Drive Market Growth: The market for extra virgin olive oil (EVOO) is expanding due in large part to the growing demand for natural and organic products. Consumers are increasingly choosing minimally processed and synthetic chemical-free products as they grow more aware of the effects their food choices have on the environment and their health. Because of its purity and environmentally friendly production practices, organic EVOO, which is certified by organizations like USDA Organic and EU Organic, is becoming more and more well-known. Customers who appreciate sustainable farming methods and are health and environmental-sensitive are especially embracing this trend. The demand for organic EVOO is further increasing due to the growing global embrace of organic lifestyles and the premiumization of food choices.
Restraint Factor for the Extra Virgin Olive Oil Market
High Competition from Substitute Oils, such as Sunflower, Canola, And Coconut Oil Will Limit Market Growth: The market for extra virgin olive oil (EVOO) is being held back by fierce competition from alternative oils. Many markets are dominated by less expensive substitutes including palm, coconut, canola, and sunflower oil, particularly in areas where consumers are highly sensitive to price. Due to their higher smoke points, these oils work better in high-heat cooking, are more widely accessible, and are frequently chosen for their neutral flavors. Furthermore, the adoption of EVOO is constrained by the great cultural relevance of traditional oils, such as peanut oil in some areas or mustard oil in South Asia. Because of the fierce competition, EVOO manufacturers must set themselves apart from the competition with superior quality, health benefits, and premium positioning in order to attract a wider range of customers.
Key Trends for Extra Virgin Olive Oil Market
Increase in E-Commerce and Direct-to-Consumer Channels: Digital platforms are progressively utilized to market artisanal and organic extra virgin olive oil (EVOO) directly to health-conscious consumers, circumventing conventional retail and facilitating traceability and marketing based ...
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United States Imports of rapeseed, colza or mustard oil, not chemically modified from Finland was US$32.71 Thousand during 2024, according to the United Nations COMTRADE database on international trade.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 23.7(USD Billion) |
| MARKET SIZE 2025 | 24.3(USD Billion) |
| MARKET SIZE 2035 | 30.2(USD Billion) |
| SEGMENTS COVERED | Application, Distribution Channel, Type, End Use, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | health benefits awareness, rising demand for healthy oils, increasing food processing industry, fluctuating raw material prices, growing vegan and vegetarian trends |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Groupe Bunge, Horizon Oils, Associated British Foods, Sunflower Oil Company, Oils and Fats Company, Archer Daniels Midland, Bunge, Canadian Oils, Dow AgroSciences, Nutrien, Louis Dreyfus Company, Cargill, Eden Foods, Sustainable Oils, BASF, Wilmar International |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Rising health-conscious consumer demand, Expansion in emerging markets, Growing vegan and vegetarian trends, Increasing applications in food processing, Innovations in packaging and distribution |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.2% (2025 - 2035) |
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The global market size for refined rice bran oil was valued at USD 2.3 billion in 2023 and is projected to reach USD 4.2 billion by 2032, growing at a CAGR of 6.6% during the forecast period. One of the significant growth factors driving this market is the increasing consumer awareness about the health benefits associated with rice bran oil. This oil, extracted from the hard outer brown layer of rice after chaff (rice husk), is rich in antioxidants, vitamin E, and other essential nutrients, making it a preferred choice for health-conscious consumers.
One of the primary growth factors for the refined rice bran oil market is the rising health consciousness among consumers. With an increasing global focus on health and wellness, there is a growing demand for oils that offer multiple health benefits. Refined rice bran oil, known for its high smoke point and balanced fatty acid profile, fits well into this category. Additionally, its antioxidant properties and presence of oryzanol, which is known to reduce cholesterol levels, further enhance its appeal among health-conscious consumers.
Another growth factor is the expanding application scope of refined rice bran oil in various industries. Not only is it becoming a staple in the food and beverage sector due to its nutritional benefits, but it is also gaining traction in the cosmetics and personal care industry. Its moisturizing properties and rich nutrient content make it an excellent ingredient for skincare and haircare products. Moreover, the pharmaceutical industry recognizes its potential in developing health supplements and medicinal formulations, thereby broadening its market reach.
The growing middle-class population, especially in emerging economies, is also fueling the market growth. With increasing disposable incomes, consumers are more willing to spend on premium, healthy cooking oils like refined rice bran oil. Additionally, the surge in urbanization has led to a rise in demand for packaged and ready-to-eat foods, where refined rice bran oil is extensively used. This demographic shift is expected to continue driving the market over the forecast period.
In recent years, Refined Canola Oil has gained popularity as a versatile and healthful cooking oil. Known for its low saturated fat content and high levels of omega-3 fatty acids, refined canola oil is often recommended for heart health. Its neutral flavor and high smoke point make it suitable for a variety of culinary applications, from frying to baking. As consumers become more health-conscious, the demand for oils like refined canola oil, which offer nutritional benefits without compromising on taste or cooking performance, continues to rise. This trend is reflected in the growing market for refined canola oil, which is expected to expand significantly over the coming years.
From a regional perspective, Asia Pacific holds the largest market share for refined rice bran oil and is expected to maintain its dominance throughout the forecast period. The region's significant rice production and increasing consumer awareness about the oil's health benefits are key drivers. Furthermore, countries like India and Japan are significant consumers of rice bran oil, contributing to regional market growth. North America and Europe are also showing promising growth rates, driven by the rising demand for healthy cooking oils and the increasing penetration of rice bran oil in the cosmetics and pharmaceutical sectors.
The refined rice bran oil market can be segmented based on product type into organic and conventional. The organic segment is gaining considerable traction due to the growing consumer preference for natural and chemical-free products. Organic refined rice bran oil is produced without the use of synthetic chemicals, pesticides, or fertilizers, making it a healthier and environmentally friendly option. This segment is expected to witness substantial growth, driven by increased awareness about organic farming practices and the rising demand for organic food products globally.
Conventional refined rice bran oil, on the other hand, continues to hold a significant market share due to its widespread availability and cost-effectiveness. This type of oil is produced using standard agricultural practices, which makes it more accessible to a broader consumer base. The demand for conventional refined rice bran oil is driven by its extensive use in c
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Discover the latest insights on the European market for crude rape, colza, and mustard oil. Anticipate a continuous upward consumption trend over the next decade, with market volume expected to reach 9.6M tons and market value $11.6B by 2035.
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Canola fell to 645.74 CAD/T on December 2, 2025, down 0.22% from the previous day. Over the past month, Canola's price has risen 1.87%, and is up 9.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on December of 2025.