Canola rose to 707.66 CAD/T on July 1, 2025, up 2.22% from the previous day. Over the past month, Canola's price has risen 3.20%, and is up 8.76% 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 July of 2025.

Rapeseed rose to 467.29 EUR/T on July 1, 2025, up 0.06% from the previous day. Over the past month, Rapeseed's price has fallen 1.21%, and is down 4.10% 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.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Canola (WPU01830171) from Dec 2011 to May 2025 about agriculture, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Global price of Rapeseed Oil (PROILUSDM) from Jan 1990 to May 2025 about oil, World, food, and price.

Rapeseed oil prices in , April, 2025 For that commodity indicator, we provide data from February 2002 to April 2025. The average value during that period was 982.99 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

Get the latest insights on price movement and trend analysis of Rapeseed Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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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

The canola oil market offers a wide range of products, including refined, unrefined, and organic canola oils. Refined canola oil is widely used in cooking and food processing due to its neutral taste and high smoke point. Unrefined canola oil retains a richer flavor and aroma and is preferred for use in salad dressings and marinades. Organic canola oil is produced from organically grown canola seeds and is free from pesticides and herbicides. Recent developments include: March 2023: A commercial partnership between Corteva Inc. and Chevron U.S.A. Inc., a division of Chevron Corporation, aims to create specialized winter canola hybrids that yield plant-based oil with a lower carbon profile. The objective is to boost the supply of vegetable oil feedstocks, mainly for the expanding domestic market for renewable fuels. To provide farmers with a sustainable crop rotation and a new source of income, the firms intend to introduce the winter canola crop to the southern United States., August 2021: Control Chemical Corp., a producer of environmentally safe drilling fluids and lubricants based on vegetable oils, will be acquired by Richardson International Ltd., a large canola oil producer based in Winnipeg, Canada. Control Chemical Corp. receives crude canola oil from Richardson International Ltd.; this acquisition will open doors and assist Control Chemical Corp. in expanding its market reach for downhole and torque-reducing lubricants that are safe for the environment.. Key drivers for this market are: Increasing demand for clean label products 24, Strong growth of bakery & confectionaery products 24; Improvement of Product Appeal 25; Increasing demand for organic food & beverages 25. Potential restraints include: High cost of natural food color ingredients 26, Synthetic color, an economical solution 27. Notable trends are: Growing number of disease is driving the market growth.

The North American rapeseed oil market in Q1 2025 is characterized by a cautiously optimistic demand recovery, particularly from the biofuel sector, amid ongoing supply constraints stemming from logistical disruptions and adverse weather in key exporting regions. Market sentiment is buoyed by improved trading conditions and a weaker US dollar, enhancing domestic competitiveness. However, inventory levels remain ample, prompting traders to prioritize stock clearance, which tempers upward price momentum despite persistent cost pressures from rising shipping and rival edible oil prices.

Rapeseed Oil Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

Graph and download economic data for Global price of Rapeseed Oil (PROILUSDQ) from Q1 1990 to Q1 2025 about oil, World, food, and price.

Canola Oil Market size was valued at USD 36.54 Million in 2024 and is projected to reach USD 55.83 Million by 2032, growing at a CAGR of 6.00% from 2026 to 2032.Health Consciousness: Canola oil is becoming more and more popular as a healthier cooking oil due to consumer awareness of its many health benefits, including its high content of unsaturated fats (including omega-3 and omega-6 fatty acids) and low levels of cholesterol and saturated fats.Growing Usage in the Food Industry: Canola oil is a favourite option for food makers in a variety of applications, such as baking, frying, making salad dressings, making margarine, and snack foods, due to its neutral flavour, high smoke point, and adaptability. Canola oil is becoming more and more popular as a main ingredient in a wide range of food products, which is partly due to the world's booming food processing sector.

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.

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.

449 Global import shipment records of Crude Canola Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Rapeseed Oil Price in China - 2023. Find the latest marketing data on the IndexBox platform.

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

The o

China Settlement Price: ZCE: Rapeseed Oil: 1st Month data was reported at 9,278.000 RMB/Ton in Apr 2025. This records an increase from the previous number of 9,062.000 RMB/Ton for Mar 2025. China Settlement Price: ZCE: Rapeseed Oil: 1st Month data is updated monthly, averaging 8,149.000 RMB/Ton from Jun 2007 (Median) to Apr 2025, with 215 observations. The data reached an all-time high of 14,459.000 RMB/Ton in Apr 2022 and a record low of 5,492.000 RMB/Ton in Jan 2016. China Settlement Price: ZCE: Rapeseed Oil: 1st Month data remains active status in CEIC and is reported by Zhengzhou Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Zhengzhou Commodity Exchange: Commodity Futures: Settlement Price.

The global canola oil market, valued at $25.69 billion in 2025, is projected to experience significant growth over the forecast period (2025-2033). While the precise CAGR is not provided, considering the expanding global demand for vegetable oils driven by factors like rising population, increasing disposable incomes, and shifting dietary habits towards healthier cooking options, a conservative estimate of a 4-5% CAGR is reasonable. This growth is primarily fueled by the increasing demand for canola oil in the food industry, owing to its favorable nutritional profile (low saturated fat, high omega-3 fatty acids) and its versatility in various culinary applications. The biofuels sector also contributes significantly, with canola oil being a viable feedstock for biodiesel production, aligning with the global push towards renewable energy sources. However, price volatility in agricultural commodities and the potential competition from other vegetable oils represent key restraining factors. The market is segmented by type (cold-pressed and extracted) and application (food, biofuels, oleo chemicals, and others), with the food industry currently dominating the market share. Regional analysis shows strong growth potential across North America, Europe, and Asia-Pacific, driven by diverse consumer preferences and evolving industrial applications. Key players like Louis Dreyfus Company, ADM, Cargill, and Bunge dominate the market, leveraging their extensive supply chains and processing capabilities. The continued growth of the canola oil market hinges on several factors. Further research into sustainable and efficient canola cultivation practices will be crucial to mitigate environmental concerns and ensure long-term market viability. Innovation in downstream processing and value-added product development, such as specialty canola oils with enhanced health benefits, will further drive market expansion. Government policies promoting biofuel adoption and sustainable agriculture will also play a significant role. Competition from substitute oils will need careful monitoring, alongside addressing price fluctuations to maintain stable market growth. Increased investment in research and development for applications beyond food and biofuels, particularly in oleo chemicals, holds immense potential for market diversification and future growth.