In September 2022, the crude rapeseed oil price stood at $2,236 per ton (FOB, Canada), with an increase of 36% against the previous month.

Organic Canola Oil Sales Market Outlook

In 2023, the global organic canola oil market size was valued at approximately USD 1.6 billion and is projected to reach USD 2.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.3%. This impressive growth trajectory is fueled by a combination of health consciousness, increasing demand for organic products, and the favorable nutritional profile of canola oil. Consumers are increasingly shifting towards organic and natural food products, driven by the rising health and wellness trend. Organic canola oil, known for its low saturated fat content and high omega-3 fatty acids, is gaining popularity as a healthier alternative to conventional oils, thereby propelling market growth.

The burgeoning trend towards health and wellness is a primary growth driver for the organic canola oil market. As consumers become increasingly aware of the health benefits associated with organic products, there is a notable shift in preference towards foods that support health and well-being. Canola oil, with its low levels of saturated fat and beneficial fatty acid composition, aligns well with these health trends. Moreover, the organic aspect of the oil further enhances its appeal, as consumers are becoming more conscious of the potential impacts of pesticides and GMOs on health and the environment. This shift in consumer behavior is encouraging manufacturers to expand their organic product lines, thus boosting the market for organic canola oil.

Environmental sustainability is another significant factor contributing to the growth of the organic canola oil market. As the global community becomes more environmentally aware, there is a rising demand for sustainable agricultural practices, which is where organic farming comes into play. Organic farming is perceived as a more eco-friendly approach, emphasizing soil health, water conservation, and biodiversity. As a result, products derived from organically farmed sources, such as organic canola oil, are gaining traction. Additionally, regulatory bodies across the globe are supporting organic farming through favorable policies and incentives, further propelling the market for organic canola oil.

Technological advancements in the processing and production of organic canola oil are further driving market expansion. Innovations in cold-pressing and expeller-pressing techniques, which maintain the nutritional integrity of the oil without the use of chemicals, are becoming increasingly popular. These advancements not only enhance the quality of the oil but also increase production efficiency. Furthermore, the development of refined organic canola oils that cater to specific culinary and industrial needs is opening up new avenues for market growth. As technology continues to evolve, it is expected to create more opportunities for the organic canola oil market to expand.

Brassica Napus Oil Sales, commonly referred to as canola oil sales, are experiencing a significant surge in demand due to the increasing awareness of its health benefits. As a derivative of the Brassica napus plant, canola oil is celebrated for its low saturated fat content and high levels of omega-3 fatty acids, making it a preferred choice among health-conscious consumers. The shift towards healthier dietary options has led to a growing interest in Brassica Napus Oil Sales, particularly in regions where organic and natural products are gaining traction. This trend is further supported by the global movement towards sustainable and eco-friendly agricultural practices, which align with the production methods of Brassica napus oil. As consumers continue to prioritize health and sustainability, the market for Brassica Napus Oil Sales is poised for substantial growth, contributing to the overall expansion of the organic oil sector.

Regionally, the organic canola oil market is experiencing varied growth patterns. North America is currently the largest market, driven by high consumer awareness and a well-established organic food industry. Europe follows closely, with increasing demand for organic and health-oriented food products. The Asia Pacific region is anticipated to exhibit the highest CAGR during the forecast period, fueled by a rapidly growing urban population and increasing disposable income. As more consumers in these regions adopt healthier lifestyles, the demand for organic canola oil is expected to rise significantly, contributing to the overall market expansion.

Product Type Analysis

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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?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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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

Rapeseed fell to 473 EUR/T on August 19, 2025, down 0.42% from the previous day. Over the past month, Rapeseed's price has risen 0.53%, and is up 4.59% 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.

According to cognitive market research – the Canola Oil Market size in 2023 was XX Million. Canola Oil Market compound annual growth rate (CAGR) will be 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 co...

The FAO vegetable oil Price Index* reached 178.32 index points in June of 2008 during the financial crisis. During the pandemic, the price index rose to 184.56 points in October of 2021. After the start of the war in Ukraine, the index jumped to over 251 points in March of 2022. As of January 2025, the index had declined from the spike in the previous years to 153 points. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.

Canola fell to 648.11 CAD/T on August 19, 2025, down 0.55% from the previous day. Over the past month, Canola's price has fallen 6.63%, but it is still 14.69% higher than a year ago, 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 August of 2025.

Learn about the projected growth of the global rapeseed oil market from 2024 to 2030, with an expected increase in both volume and value.

The global salad oil market is a dynamic and substantial sector experiencing consistent growth. While precise figures for market size and CAGR are unavailable, industry analysis suggests a market valued at approximately $50 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of around 4% from 2025 to 2033. This growth is fueled by several key drivers, including the rising global population, increasing health consciousness (particularly the demand for heart-healthy oils like olive and avocado oil), and shifting dietary patterns towards greater vegetable oil consumption. The increasing adoption of convenience foods and ready-to-eat meals also contributes to market expansion as these products often contain salad oils. Furthermore, the growing popularity of various cuisines, each with its own unique oil preference, contributes to market diversity and growth. However, fluctuating crude oil prices pose a significant challenge, impacting production costs and, consequently, final product pricing. Additionally, the market faces pressures from increasing competition and the rise of substitute products. Segmentation within the salad oil market is multifaceted, spanning various oil types (olive, canola, sunflower, soybean, etc.), packaging formats (bottles, pouches, bulk), and distribution channels (retail, food service, industrial). Key players like Salad Oils International Corporation, Cargill, Bunge Limited, and others compete intensely, leveraging their established distribution networks and brand recognition. Geographic variations in consumption patterns and preferences create regional opportunities. While North America and Europe currently dominate the market, Asia-Pacific is expected to witness significant growth in the coming years driven by rising disposable incomes and changing lifestyles. Overall, the salad oil market offers promising prospects for continued expansion, though astute strategic planning is vital to navigate the challenges associated with raw material costs and intense competition.

According to Cognitive Market Research, the global Cooking Oil market size will be USD 209241.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.20% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 77419.36 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 60680.04 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 50217.96 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 7951.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 8369.66 million in 2025. and will grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 4603.31 million in 2025. and will grow at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033.
Sunflower Oil category is the fastest growing segment of the Cooking Oil industry

Market Dynamics of Cooking Oil Market

Key Drivers for Cooking Oil Market

Increasing demand for processed foods drives the market

Processed foods such as ready-to-eat meals, snacks baked goods, frozen products and instant meals require significant amount of cooking oils in various stages of preparation, including frying, baking and flavoring. With the rise of urbanization and changing lifestyles, consumers are shifting towards convenience and packaged food, leading to a surge in demand. As a result, processed food manufacturers scale up production thereby increasing the consumption of edible oils. Processed food also require extended shelf life and cooking oil act like stabilizers and prevent spoilage.

Rise in Fast Food & Restaurant Chains to Boost Market Growth

The market for cooking oil is growing at a large rate due to the quick expansion of fast-food restaurants and chains. The demand for high-heat stable oils such as palm, soybean, and canola oil has increased due to the growing popularity of casual dining, quick-service restaurants (QSRs), and meal delivery services. Large amounts of cooking oil are needed to make fast food items like French fries, fried chicken, and snacks, which drives industry growth. Convenient, ready-to-eat meals are becoming more popular among consumers due to factors like urbanization, shifting lifestyles, and more disposable money. Long-term growth in cooking oil consumption is ensured by the expansion of local restaurants and international fast-food franchises in emerging countries in the Middle East and Asia-Pacific.

Restraint Factor for the Cooking Oil Market

Fluctuating Raw Material Prices Will Limit Market Growth

The market for cooking oil is severely hampered by fluctuating raw material prices, which have an impact on both production costs and final consumer pricing. Important oilseeds, including palm, soybean, sunflower, and rapeseed, are extremely susceptible to changes in the climate, trade rules, and geopolitical unrest, which can cause erratic price fluctuations. Volatility is further increased by severe weather, supply chain interruptions, and export prohibitions from important producing nations like Argentina, Malaysia, and Indonesia. Overall pricing is also impacted by growing labour, transportation, and fertilizer costs. Particularly in price-sensitive sectors, these swings pose problems for manufacturers' profitability and customers' affordability. In order to preserve stability in the cutthroat cooking oil market, companies must continuously modify their pricing tactics.

Market Trends in Cooking Oil Market

Growing Demand for Healthier Oils

The growing demand for healthy, premium and sustainably sourced oils, driven by the increasing consumer health-consciousness presents a significant opportunity in the global cooking oils market. As consumers grow more aware of their diets, there is a shift in market towards oils that offer added health benefits. This results in a surge in demand for oils such ...

The global rapeseed canola oil market is experiencing robust growth, driven by increasing demand from diverse sectors. The food industry remains a dominant application, fueled by rising consumer preference for healthier cooking oils rich in omega-3 fatty acids and low in saturated fat. Biofuel production is another significant driver, spurred by government policies promoting renewable energy sources and a growing awareness of environmental sustainability. The chemical industry utilizes canola oil for various applications, including the production of bio-based polymers and lubricants. While the "others" segment encompasses smaller applications, its growth potential shouldn't be underestimated as new uses for canola oil are continuously discovered. Cold-pressed canola oil commands a premium price due to its superior nutritional value and flavor profile compared to extracted canola oil, which is largely used in industrial applications. Major players like ADM, Cargill, and Bunge dominate the market, leveraging their extensive supply chains and processing capabilities. However, smaller regional producers also play a crucial role, particularly in catering to niche markets and specific consumer preferences. Geographic expansion is another key aspect, with North America and Europe currently leading in consumption and production, followed by Asia-Pacific. Future growth will likely be fueled by increased production in emerging economies and growing demand in developing nations as disposable incomes rise. Market restraints include price volatility influenced by global crop yields and weather patterns, as well as potential competition from other vegetable oils. However, the long-term outlook for rapeseed canola oil remains positive, driven by its versatility, health benefits, and growing importance in sustainable solutions. The market's CAGR, although not explicitly provided, can be reasonably estimated to be around 5-7% based on industry trends and growth in similar sectors. This translates to a significant increase in market value over the forecast period (2025-2033). Considering the existing market players and their regional footprints, North America and Europe will likely retain a significant market share, while the Asia-Pacific region is expected to show the highest growth rate due to rising consumption and population growth. The segment breakdown suggests that the food industry segment will continue to be the largest, closely followed by biofuels and then the chemical industry. The cold-pressed canola oil type will continue to command a higher price point and maintain its niche market within the food industry.

The global cooking vegetable oil market is experiencing robust growth, driven by factors such as rising health consciousness (leading to increased demand for healthier oils like olive and canola), expanding food processing industries, and a burgeoning global population. The market size in 2025 is estimated at $150 billion (a reasonable estimate given the scale of the food industry and considering similar markets), exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This sustained growth reflects evolving dietary habits, particularly in developing economies where vegetable oil consumption is increasing significantly. Key trends shaping the market include the rise of sustainable and ethically sourced oils, innovative packaging solutions to enhance shelf life and convenience, and the growing demand for functional oils enriched with vitamins and antioxidants. Leading players like Archer Daniels Midland, Cargill, and Wilmar International are focusing on expanding their production capacities, enhancing product portfolios, and exploring new markets to capitalize on this growth opportunity. However, factors such as fluctuating crude oil prices (impacting production costs) and the potential impact of climate change on crop yields pose challenges to market expansion. Despite these challenges, the long-term outlook for the cooking vegetable oil market remains positive. The continued expansion of the global middle class, particularly in Asia and Africa, is expected to further fuel demand. The market is segmented by type (sunflower, palm, soybean, canola, olive, etc.), application (household cooking, food processing), and region. The increasing focus on health and wellness is driving demand for healthier options, like olive oil and avocado oil, which are expected to witness above-average growth compared to other segments. Furthermore, the growing popularity of plant-based diets is also contributing to the market's expansion. Strategic partnerships, mergers, and acquisitions are anticipated among market players to maintain competitiveness and explore new avenues for growth. The forecast period of 2025-2033 promises continued expansion, propelled by these multifaceted drivers and the inherent importance of cooking oil in global diets.

Rapeseed Canola Oil Market Outlook

The global rapeseed canola oil market size was valued at USD 28.3 billion in 2023 and is projected to reach USD 40.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2032. The growth of this market is primarily driven by increasing consumer awareness regarding the health benefits associated with rapeseed canola oil, alongside a rising demand for biofuels as a sustainable energy source.

One of the significant growth factors in the rapeseed canola oil market is the health benefits it offers. Rapeseed canola oil is rich in Omega-3 and Omega-6 fatty acids, which are known to reduce cholesterol levels and improve heart health. Additionally, it is a source of Vitamin E, an antioxidant that helps combat free radicals in the body, further bolstering its appeal among health-conscious consumers. These nutritional benefits are becoming increasingly recognized, driving up demand for rapeseed canola oil in both household and commercial settings.

Another driving force for the market is the burgeoning biofuel industry. As the world continues to grapple with climate change and seeks sustainable energy alternatives, rapeseed canola oil has emerged as a viable feedstock for biodiesel production. Governments and private sectors are investing heavily in biofuel projects, further propelling the demand for rapeseed canola oil. This is particularly significant in Europe, where stringent environmental regulations are fostering the growth of the biofuel sector.

The industrial applications of rapeseed canola oil also contribute to market growth. Beyond its use in the food industry and biofuels, rapeseed canola oil is utilized in the manufacture of lubricants, cosmetics, and pharmaceuticals. Its favorable chemical properties make it a versatile ingredient, thereby diversifying its application base and enhancing market expansion. Moreover, the ongoing research and development initiatives aimed at discovering new industrial applications for rapeseed canola oil are expected to open up further growth avenues.

Regionally, Europe holds the largest share of the rapeseed canola oil market, driven by robust demand from both the food and biofuel sectors. North America follows closely, fueled by increasing health awareness and biofuel initiatives. The Asia Pacific region is anticipated to witness the highest growth rate, owing to the expanding food industry and rising disposable incomes. Latin America and the Middle East & Africa are also showing promising growth, albeit at a slower pace.

Product Type Analysis

The rapeseed canola oil market is segmented into refined and unrefined types. Refined rapeseed canola oil holds a significant market share due to its widespread use in cooking and food processing. The refining process removes impurities and enhances the oil's shelf life, making it a preferred choice for both domestic and commercial kitchens. Additionally, refined rapeseed canola oil has a higher smoke point, making it suitable for frying and other high-temperature cooking methods.

Unrefined rapeseed canola oil, on the other hand, retains more of the natural nutrients and flavors, making it a popular choice among health enthusiasts and gourmet cooks. Despite its smaller market share compared to refined oil, the demand for unrefined rapeseed canola oil is growing, particularly in niche markets that prioritize organic and minimally processed foods. This segment is also benefiting from the increasing consumer trend towards natural and clean-label products.

The refined rapeseed canola oil segment is expected to continue dominating the market, driven by its extensive applications in the food industry and other sectors. However, the unrefined segment is likely to witness faster growth, supported by rising health consciousness and the growing popularity of organic products. Innovations in refining processes that aim to retain more of the natural benefits while extending shelf life and usability could also impact this segment positively.

Furthermore, the price dynamics between refined and unrefined rapeseed canola oil play a crucial role in consumer preferences. Generally, refined oil is more cost-effective, making it accessible to a broader audience. Unrefined oil, being more expensive, targets a niche market. However, as disposable incomes rise and consumers become more willing to invest in health and quality, the unrefined segment is poised for substantial growth.

Report Scope</st

In 2024, the Canadian refined rapeseed oil market decreased by -13.4% to $465M, falling for the second year in a row after six years of growth. Over the period under review, the total consumption indicated a mild increase from 2012 to 2024: its value increased at an average annual rate of +1.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

The global plant-based oils market is experiencing robust growth, driven by increasing consumer demand for healthier and sustainable alternatives to traditional cooking oils. This surge is fueled by rising awareness of the health benefits associated with plant-based diets, including reduced risk of heart disease and improved cholesterol levels. Furthermore, the growing popularity of veganism and vegetarianism is significantly boosting market demand. Environmental concerns surrounding deforestation and unsustainable agricultural practices associated with conventional oil production are also contributing to the shift towards plant-based options. We estimate the market size in 2025 to be $80 billion USD, exhibiting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth trajectory reflects the increasing investment in research and development of novel plant-based oils with enhanced nutritional profiles and functionalities. Major players in this sector, including Archer Daniels Midland Company, Cargill Incorporated, and Wilmar International, are strategically expanding their production capabilities and product portfolios to cater to this burgeoning demand. The market is segmented by oil type (soybean, canola, sunflower, etc.), application (food, biofuels, cosmetics), and geography. Regional variations in consumption patterns and government regulations regarding food safety and sustainability will continue to influence market dynamics. Challenges remain, including price fluctuations in raw materials, competition from established players in the traditional oils market, and the need for sustainable and scalable production practices to meet the rising demand without compromising environmental integrity. The long-term outlook for the plant-based oils market is positive, underpinned by sustained consumer preference for healthy and sustainable food choices.

In July 2022, the rapeseed oil price per ton stood at $2,046, with an increase of 1.8% against the previous month.

Low Calorie Cooking Oil Market Outlook

The global low calorie cooking oil market size was valued at USD 9.2 billion in 2023 and is projected to reach USD 14.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.2% during the forecast period. The market's growth is driven by the increasing health consciousness among consumers and the rising prevalence of lifestyle diseases, which is pushing consumers towards healthier dietary options.

One of the foremost growth factors for the low calorie cooking oil market is the escalating awareness regarding the health benefits associated with the use of such oils. Consumers are increasingly preferring oils with reduced calorie content to mitigate health issues such as obesity, cardiovascular diseases, and diabetes. These oils are often rich in essential fatty acids, antioxidants, and vitamins, contributing to overall health and well-being. The growing influence of social media and health influencers is further educating consumers on the benefits of low calorie oils, thereby driving market demand.

Another significant growth driver is the expanding trend of health and wellness, which has led to a surge in demand for natural and organic food products. As consumers become more discerning about the ingredients in their food, the demand for low calorie cooking oils that are also organic and non-GMO is growing. Additionally, the food industry's shift towards clean label products is encouraging manufacturers to incorporate low calorie oils, which are perceived as healthier and more natural, into their product portfolios. This trend is prevalent not only in developed regions but also in emerging economies where disposable incomes and health awareness are on the rise.

Technological advancements in oil extraction and processing techniques also play a crucial role in the market's growth. Innovations such as cold-pressing and low-heat refining processes help in preserving the nutritional content of oils, thereby enhancing their health benefits. These advancements have made it possible to produce low calorie oils without compromising on taste and quality, making them more appealing to consumers. The development of fortified oils, which are enriched with additional nutrients, is another emerging trend that is expected to bolster market growth in the coming years.

From a regional perspective, North America and Europe are currently leading the market due to the high health consciousness and disposable incomes in these regions. However, the Asia Pacific region is anticipated to exhibit the highest growth rate over the forecast period. This growth can be attributed to increasing urbanization, rising health awareness, and an expanding middle-class population. The growing prevalence of lifestyle-related diseases in countries like India and China is pushing consumers towards healthier dietary choices, including low calorie cooking oils.

Canola Oil, known for its low saturated fat content and high omega-3 fatty acids, is a staple in many households and food service establishments. It is widely used due to its neutral taste and versatility in various cooking methods. Canola oil is often recommended by health professionals as a heart-healthy option, which enhances its market appeal. Its affordability compared to other oils like olive and avocado oil further boosts its demand, especially in price-sensitive markets. The ongoing research and development efforts to improve canola oil's nutritional profile and sustainability are expected to drive its market growth in the coming years.

Product Type Analysis

The low calorie cooking oil market can be segmented by product type into olive oil, coconut oil, avocado oil, canola oil, and others. Olive oil holds a substantial market share due to its widespread recognition as a heart-healthy oil rich in monounsaturated fats and antioxidants. Its extensive use in Mediterranean cuisine and its endorsement by health experts significantly contribute to its popularity. The benefits of olive oil, such as reducing inflammation and improving cholesterol levels, make it a preferred choice among health-conscious consumers. Furthermore, the availability of various grades of olive oil, such as extra virgin and virgin, offers consumers a range of options based on their health needs and culinary preferences.

Discover the projected growth of the crude rapeseed, colza, and mustard oil market in the United States, with consumption expected to rise steadily over the next decade. Market performance is anticipated to increase with a CAGR of +1.0% in volume and +2.5% in value, reaching 2.4M tons and $3B respectively by 2035.

Discover the latest trends in the crude rapeseed oil market in China, with consumption expected to rise over the next decade. Forecasts project a slight increase in market performance, reaching 6.3M tons in volume and $10.5B in value by 2035.

The size of the Africa Fats and Oil Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.49% during the forecast period. The Africa fats and oils market encompasses the production, processing, distribution, and consumption of edible fats and oils across the African continent. This market includes a diverse range of products derived from both vegetable and animal sources, such as palm oil, soybean oil, sunflower oil, canola oil, and animal fats. In Africa, palm oil is a dominant component due to its widespread cultivation in countries like Nigeria, Ghana, and Côte d'Ivoire, where it plays a crucial role in local diets and economies. Soybean oil and sunflower oil are also significant, driven by both domestic production and imports to meet the growing demand for edible oils. The market is influenced by factors such as population growth, urbanization, and changing dietary preferences, which increase the demand for processed and convenience foods. Additionally, the market is impacted by agricultural practices, trade policies, and economic conditions, which affect the supply chain and pricing of fats and oils. Regional variations exist within the market, with different countries focusing on specific oil types based on local agricultural resources and consumption habits. As the market evolves, stakeholders are focusing on enhancing production efficiency, sustainability, and meeting the diverse needs of a rapidly changing consumer base. Recent developments include: March 2023: Wilmar International Ltd (WILMAR) initiated the construction of an edible oil plant located in Richards Bay, KwaZulu-Natal, South Africa. This USD 81 million project encompasses the development of a fractionator, a shortening plant, and a packaging facility. Notably, this endeavor commenced in 2020., July 2022: Eni introduced the first vegetable oil production facility for biorefining in Kenya. This venture involved the establishment of an oilseed collection and pressing plant, which marked the inception of vegetable oil production for bio-refineries., June 2021: WA Group made a substantial investment of USD 114 million in a processing plant aimed at boosting edible oil production in Ethiopia. This strategic investment enabled the company to cease importing edible oils and, instead, focus on refining crude palm oil sourced from other countries, as well as processing locally cultivated oilseeds such as sesame seeds, peanut seeds, niger seeds, soya beans, and haricot beans.. Key drivers for this market are: Wide Applications of Oils and Fats in Different End-Use Industries, Government Initiatives and Key Players Adopting Innovative Market Expansion Strategies. Potential restraints include: Volatility in Imports and Supply Chain of Oils. Notable trends are: Wide Applications of Oils and Fats in Different End-Use Industries.