Cold-Pressed Canola Oil Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 15, 2024 by mansi3210

The global cold-pressed canola oil market is anticipated to grow at a considerable CAGR of 18.5% during the forecast period (2024–2031).

 
The global cold-pressed canola oil market is anticipated to grow at a considerable CAGR of 18.5% during the forecast period (2024–2031). Canola oil consumption is increasing significantly around the globe owing to numerous advantages to the health it provides. Canola oil has a lower saturated fat content than other oils. Besides that, organic cold-pressed canola oil use is fast expanding among health-conscious customers. Cold-pressed canola oil includes omegas 3, 6, and 9; vital fatty acids lower cholesterol and maintain a healthy heart, cognitive function, and joint mobility, increasing consumer usage. Since cold-pressed canola oil is pure and free of additives and processing, it is in high demand among customers. 

Additionally, the expansion of the e-commerce sector is pushing local vendors in the cold-pressed canola oil market to distribute cold-pressed canola oil worldwide, resulting in a major increase in corporate penetration in cold-pressed canola oil online sales. The use of biodiesel is also supporting the market’s growth. Cold-pressed canola oil is used as a feedstock to produce biodiesel through a chemical process called transesterification. During transesterification, the fatty acids in the canola oil are separated from the glycerol molecule and then reacted with an alcohol such as methanol or ethanol to form fatty acid methyl esters (FAMEs), which are the main component of biodiesel. Hence, the growth of the biodiesel industry is supporting the market. For instance, in November 2021, Purefuel Energy, a firm that has been performing biodiesel R&D for many years, entered the retail biodiesel fuel station sector in India. Following a series of studies over the years, biodiesel is now recognized as a viable alternative to fossil fuels that can be used to power vehicles. In keeping with the Government of India's Green Energy Mission, the company's objective is to make biodiesel widely available.

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Market Coverage           

The Market Number Available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By End-User Industry

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Alba Edible Oils, Bunge North America, Inc., Deve Herbes, Extra Virgin Cape Canola, and others.

Cold-Pressed Canola Oil Market Report Segment

By Type

Organic Cold-Pressed Canola Oil
Ordinary Cold-Pressed Canola Oil

By End-User Industry

Food Industry
Biofuels
Oleo Chemicals

A full Report of Cold-Pressed Canola Oil Market is Available @  https://www.omrglobal.com/industry-reports/cold-pressed-canola-oil-market

Cold-Pressed Canola Oil Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Alba Edible Oils
Borges International Group, S.L. 
Bunge India Pvt. Ltd.
Deve Herbes
Extra Virgin Cape Canola
Good Earth Oils Pty. Ltd.
Highwood Crossing Foods Ltd.
Jedwards International, Inc.
Jivo Wellness Pvt. Ltd.
Mol Farms Inc
North Prairie Family Farms
Pleasant Valley Oil Mills
Spectrum Organic Products, LLC
Sunora Foods Inc.
The Source Bulk Foods

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Issued By MANSI
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Categories Food , Industry , Manufacturing
Last Updated March 15, 2024