with competitive canola oil production line in france

   
with competitive canola oil production line in france
                                               
                                               
                                               
                                               
  • with competitive canola oil production line in france
What is the global canola oil market research report?

The global canola oil market research report includes quantitative and qualitative insights into the market. The report also provides market overview at the regional level. Further, it offers a detailed global market analysis and growth rate for all possible market segments.

How big is the canola oil market?

The canola oil market size was valued at USD 34.79 billion in 2022 and is projected to grow from USD 36.09 billion in 2023 to USD 47.14 billion by 2030, exhibiting a CAGR of 3.89% during the forecast period. Canola oil, also known as rapeseed oil, is produced by slightly heating the canola seeds and then crushing them later to extract the oil.

Why is canola oil so popular in Europe?

Europe holds the second position in the market, as individuals are highly concerned about their health and nutritional intake, irrespective of the high prices. Moreover, it has been observed that the demand for canola oil is strongly growing in the biodiesel sector as well as the food processing industries.

Is the EU a good importer of canola?

¡°The EU is the world¡¯s leading importer and the better the local crop, the lower the import needs. The two major canola-producing countries in the EU ¨C France and Germany ¨C both expanded their area. Crops will soon be ready for harvest. Both countries have been dry, but not to the extent that would cut the EU¡¯s production dramatically.¡±