Canola Oil Market

The global canola oil market reached a volume of more than 30 Million Tons in 2017. The market is further projected to reach a volume of 42 Million Tons by 2023, expanding at a CAGR of 5.8% during 2018-2023. Canola oil refers to a vegetable oil extracted from rapeseed which belongs to the Brassicaceae family. It is a rich source of omega-3 and omega-6 fatty acids, monosaturated fats, and vitamin E. On the other hand, it has lower amounts of saturated fats and trans-fats in comparison to other vegetable oils. Owing to this, canola oil helps in reducing inflammation, improving metabolism, assisting in overall development of infants, and protecting against heart attacks and strokes. Earlier, canola oil only had industrial uses, whereas now it finds myriad applications in the commercial as well as residential spaces.

Global Canola Oil Market Drivers:

• A rise in the cases of cardiovascular diseases has made a large section of the population to focus on their health. As canola oil has high oleic acid which helps in lowering the bad cholesterol levels present in the body, it is increasingly being used as a cooking oil by health-conscious consumers, thereby impelling the market growth.
• Due to several benefits provided by canola oil, its demand is now proliferating for sautéing, grilling, baking, stir-frying and as a salad dressing. Fast-paced lifestyle coupled with high income levels of the consumers has resulted in the trend of dining-out, in turn, spurring the demand for canola oil in numerous restaurants.
• Canola oil is used in the skincare and cosmetics industry due to its anti-aging properties which assist in reducing acne, fine lines, wrinkles and blemishes. Apart from this, it is also employed in the haircare sector as canola oil helps in smoothening hair. Additionally, canola oil is utilised in the preparation of plasticisers in order to provide a higher velocity. Growth in these end-use industries is further creating a positive outlook for the canola oil market.
• The residuals obtained after the production of canola oil are served to livestock as it comprises of an excellent amount of amino acid and low count of glucosinolates which assist in providing vitamins, minerals and fiber to the livestock. After soybean, canola meal is regarded as the second largest feed meal in the world.

Breakup by Packaging:

On the basis of packaging, canola oil is widely available in cans, drums, bottles, pouches and others. Amongst these, drums represent the most popular packaging type, holding the largest market share.

Breakup by Application:

Based on application, the market is segregated into cooking, processed foods, lubricants, personnel care, biofuels and others. Currently, cooking and processed foods account for the majority of the total global share as it is excessively used for culinary purposes.

Regional Insights:

On a geographical front, Europe enjoys the leading position in the global canola oil market. The rising demand for canola oil can be accredited to the increasing rate of health problems and chronic diseases in the region. Europe is followed by Asia Pacific, North America, Middle East and Africa, and Latin America.

Competitive Landscape:

The market is fragmented in nature with the presence of several manufacturers who are competing in terms of prices and quality. Some of the key players operative in the market are:

• Archer Daniels Midland
• Bunge Limited
• Cargill Inc.
• James Richardson International
• Louis Dreyfus Company

This report provides a deep insight into the global canola oil industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a canola oil manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the canola oil industry in any manner.

Key Questions Answered in This Report:

• How has the global canola oil market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global canola oil industry?
• What are the major application segments in the global canola oil industry?
• What are the key packaging types in the global canola oil industry?
• What are the price trends of canola oil?
• What are the various stages in the value chain of the global canola oil industry?
• What are the key driving factors and challenges in the global canola oil industry?
• What is the structure of the global canola oil industry and who are the key players?
• What is the degree of competition in the global canola oil industry?
• What are the profit margins in the global canola oil industry?
• What are the key requirements for setting up a canola oil manufacturing plant?
• How is canola oil manufactured?
• What are the various unit operations involved in a canola oil manufacturing plant?
• What is the total size of land required for setting up a canola oil manufacturing plant?
• What are the machinery requirements for setting up a canola oil manufacturing plant?
• What are the raw material requirements for setting up a canola oil manufacturing plant?
• What are the packaging requirements for canola oil?
• What are the transportation requirements for canola oil?
• What are the utility requirements for setting up a canola oil manufacturing plant?
• What are the manpower requirements for setting up a canola oil manufacturing plant?
• What are the infrastructure costs for setting up a canola oil manufacturing plant?
• What are the capital costs for setting up a canola oil manufacturing plant?
• What are the operating costs for setting up a canola oil manufacturing plant?
• What will be the income and expenditures for a canola oil manufacturing plant?
• What is the time required to break-even?

1    Preface
2    Scope and Methodology
    2.1     Objectives of the study
    2.2     Stakeholders
    2.3     Data Sources
        2.3.1 Primary Sources
        2.3.2 Secondary Sources
    2.4     Market Estimation
        2.4.1 Bottom-Up Approach
        2.4.2 Top-Down Approach
    2.5     Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Vegetable Oil Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1 Volume Trends
        5.2.2 Value Trends
    5.3    Market by Region
    5.4    Market by End-Use
    5.5    Market by Oil Type
    5.6    Market Forecast
6 Global Canola Oil Market
    6.1    Market Overview
    6.2    Market Performance
        6.2.1 Volume Trends
        6.2.2 Value Trends
    6.3    Price Analysis
        5.3.1 Price Indicators
        5.3.2 Price Structure
        5.3.3 Price Trends
    6.4    Market Breakup by Region
    6.5    Market Breakup by Application
    6.6    Market Breakup by Packaging
    6.7    Market Forecast
    6.8    SWOT Analysis
        6.8.1 Overview
        6.8.2 Strengths
        6.8.3 Weaknesses
        6.8.4 Opportunities
        6.8.5 Threats
    6.9     Value Chain Analysis
    6.10    Porters Five Forces Analysis
        6.10.1 Overview
        6.10.2 Bargaining Power of Buyers
        6.10.3 Bargaining Power of Suppliers
        6.10.4 Degree of Rivalry
        6.10.5 Threat of New Entrants
        6.10.6 Threat of Substitutes
    6.11    Key Market Drivers and Challenges
7    Performance of Key Regions
    7.1    Asia Pacific
    7.2    North America
    7.3    Europe
    7.4    Middle East and Africa
    7.5    Latin America
8      Performance by Applications
     8.1    Cooking 
     8.2    Processed Foods
     8.3    Lubricants
     8.4    Personnel Care
     8.5    Biofuels
     8.6    Others
9     Breakup By Packaging
     9.1    Cans
     9.2    Drums
     9.3    Bottles
     9.4    Pouch
     9.5    Others
10     Competitive Landscape
    10.1   Competitive Structure
    10.2    Market Breakup by Key Players
11    Canola Oil Manufacturing Process
    11.1   Product Overview
    11.2   Detailed Process Flow
    11.3   Various Types of Unit Operation Involved
    11.4   Mass Balance and Raw Material Requirements
12   Project Details, Requirements and Costs Involved
    12.1   Land Requirements and Expenditures
    12.2   Construction Requirements and Expenditures
    12.3   Plant Machinery
    12.4   Machinery Pictures
    12.5   Raw Material Requirements and Expenditures
    12.6   Raw Material and Final Product Pictures
    12.7   Packaging Requirements and Expenditures
    12.8   Transportation Requirements and Expenditures
    12.9   Utility Requirements and Expenditures
    12.10  Manpower Requirements and Expenditures
    12.11  Other Capital Investments
13    Loans and Financial Assistance
14    Project Economics
    14.1   Capital Cost of the Project
    14.2   Techno-Economic Parameters
    14.3   Product Pricing and Margins Across Various Levels of the Supply Chain
    14.4   Taxation and Depreciation
    14.5   Income Projections
    14.6   Expenditure Projections
    14.7   Financial Analysis
    14.8   Profit Analysis
15     Key Players Profiles
 

List of Figures

Figure 1: Global: Canola Oil Industry: Key Drivers and Challenges
Figure 2: Global: Vegetable Oil Market: Production Volume (in Million Tons), 2010 - 2017
Figure 3: Global: Vegetable Oil Market: Consumption Volume (in Million Tons), 2010 - 2017
Figure 4: Global: Vegetable Oil Market: Consumption Value (in Million US$), 2010 & 2017
Figure 5: Global: Vegetable Oil Market: Breakup by Region (in %), 2017
Figure 6: Global: Vegetable Oil Market: Breakup by End Use (in %), 2017
Figure 7: Global: Vegetable Oil Market Forecast: Consumption Volume (in Million Tons), 2018 - 2023
Figure 8: Global: Vegetable Oil Market Forecast: Consumption Value (in Million US$), 2018 - 2023
Figure 9: Global: Canola Oil Market: Volume Trends (in Million Tons), 2010 - 2017
Figure 10: Global: Canola Oil Market: Value Trends (in Million US$), 2010 - 2017
Figure 11: Global: Canola Oil Market: Breakup by Region (in %), 2017
Figure 12: Global: Canola Oil Market: Breakup by Application (in %), 2017
Figure 13: Global: Canola Oil Market Forecast: Consumption Volume (in Million Tons), 2018 - 2023
Figure 14: Global: Canola Oil Market Forecast: Consumption Value (in Million US$), 2018 - 2023
Figure 15: Global: Canola Oil Industry: SWOT Analysis
Figure 16: Global: Canola Oil Industry: Value Chain Analysis
Figure 17: Global: Canola Oil Industry: Porter’s Five Forces Analysis
Figure 18: Asia Pacific: Canola Oil Market (in Million Tons), 2010, 2017 & 2023
Figure 19: North America: Canola Oil Market (in Million Tons), 2010, 2017 & 2023
Figure 20: Europe: Canola Oil Market (in Million Tons), 2010, 2017 & 2023
Figure 21: Middle East and Africa: Canola Oil Market (in Million Tons), 2010, 2017 & 2023
Figure 22: Latin America: Canola Oil Market (in Million Tons), 2010, 2017 & 2023
Figure 23: Global: Canola Oil Market: Cooking Applications (in Million Tons), 2010, 2017 & 2023
Figure 24: Global: Canola Oil Market: Processed Food Applications (in Million Tons), 2010, 2017 & 2023
Figure 25: Global: Canola Oil Market: Lubricant Applications (in Million Tons), 2010, 2017 & 2023
Figure 26: Global: Canola Oil Market: Personnel Care Applications (in Million Tons), 2010, 2017 & 2023
Figure 27: Global: Canola Oil Market: Biofuel Applications (in Million Tons), 2010, 2017 & 2023
Figure 28: Canola Oil Manufacturing Plant: Detailed Process Flow
Figure 29: Canola Oil Manufacturing Plant: Conversion Rate of Products
Figure 30: Canola Oil Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 31: Canola Oil Industry: Profit Margins at Various Levels of the Supply Chain
Figure 32: Canola Oil Manufacturing: Operational Cost Breakup (in %)
 
List of Tables

Table 1: Global: Vegetable Oil Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Canola Oil Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Canola Oil Market Forecast: Breakup by Region, 2018-2023
Table 4: Global: Canola Oil Market: Market Forecast by Applications, 2018-2023
Table 5: Canola Oil Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 6: Canola Oil Manufacturing Plant:  Costs Related to Civil Works (in US$)
Table 7: Canola Oil Manufacturing Plant: Machinery Costs (in US$)
Table 8: Canola Oil Manufacturing Plant: Raw Material Requirements
Table 9: Canola Oil Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 10: Canola Oil Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 11: Details of Financial Assistance Offered by Financial Institutions
Table 12: Canola Oil Manufacturing Plant:  Capital Costs (in US$)
Table 13: Canola Oil Manufacturing Plant: Techno-Economic Parameters
Table 14: Canola Oil Manufacturing Plant: Taxation and Depreciation
Table 15: Canola Oil Manufacturing Plant: Income Projections (in US$)
Table 16: Canola Oil Manufacturing Plant: Expenditure Projections (in US$)
Table 17: Canola Oil Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 18: Canola Oil Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 19: Canola Oil Manufacturing Plant: Profit and Loss Account