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.

Snapshot img

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.
Request Free Sample

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

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.

This table contains 158 series, with data starting in 1980 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (10 items: Canada; Prince Edward Island; Nova Scotia; ...); Type of stock (3 items: Farm and commercial, total; Farm stocks; Commercial stocks); Type of crop (16 items: Barley; Canary seed; Canola (rapeseed); Chick peas; ...).

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in Canada 2022 - 2026 Discover more data with ReportLinker!

View monthly updates and historical trends for Rapeseed Oil Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in France 2024 - 2028 Discover more data with ReportLinker!

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in China 2024 - 2028 Discover more data with ReportLinker!

Stock Price Time Series for Bunge Limited. Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies for biofuel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that comprise cooking oils, shortenings, margarines, mayonnaise, renewable diesel feedstocks, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. This segment also refines and fractionates palm oil, palm kernel oil, coconut oil, and shea butter, and olive oil; and produces specialty ingredients derived from vegetable oils, such as lecithin. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Global SA was founded in 1818 and is headquartered in Chesterfield, Missouri.

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in Italy 2024 - 2028 Discover more data with ReportLinker!

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in Japan 2022 - 2026 Discover more data with ReportLinker!

The Cooking Oil Production industry in China has grown its revenue rapidly over the past five years, mainly due to increased industry capacity and high domestic demand. As the country has changed its economic focus from exports to domestic demand and increased living standards, cooking oil consumption in China is expected to maintain a strong growth trend over the period. Industry revenue is expected to total $361.2 billion in 2025, up 2.8% for the year. Over the five years through 2025, revenue has grown at a CAGR of 4.8%. Profits are estimated to account for 4.0% of industry revenue in 2025. The small-package cooking oil segment accounted for less than 20% of total industry revenue, and its share has been increasing rapidly in recent years. Arawana, Fortune and Luhua are the top three brands in China, and together account for over 60.0% of the small-package cooking oil market. The Cooking Oil Production industry has low concentration, with the top four enterprises accounting for less than 15% of total industry revenue in 2025. Merger and acquisition activity has been increasing the industry's concentration in recent years. In March 2006, COFCO merged with China Grains and Oils Group Corporation to become the largest oil and fat holding group in China, with approximately 12.0% of the industry's processing capacity. COFCO now owns several well-known cooking oil brands, including Fortune, Sihai, Wuhu, Xiyinyin, Weiyi, Kangsheng and Xianggufang. In December 2006, Wilmar International Limited acquired Kerry Grain & Oil and all the stock of Yihai Group held by ADM. Yihai Group has established five large cooking oil manufacturing enterprises together with COFCO, including EOGI. Over the five years through 2030, total industry revenue is projected to increase at a CAGR of 2.8%, to $415.6 billion. The slower revenue growth compared with the previous five-year period is forecast to be due to the over-production of cooking oil. The main drivers of industry revenue growth over the five years through 2030 are anticipated to be the steadily growing demand from catering industries and the food sector, increased consumption of first-grade and second-grade cooking oil in rural areas. Further popularization of small-package cooking oil, rising global demand for biological diesel oil and competitive pricing levels are also projected to aid industry revenue growth over the period.

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in Germany 2024 - 2028 Discover more data with ReportLinker!

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in Saudi Arabia 2023 - 2027 Discover more data with ReportLinker!

Forecast: Rapeseed Oil and Mustard Oil Stock Variation in United Kingdom of Great Britain and Northern Ireland 2024 - 2028 Discover more data with ReportLinker!