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The canola oil market size is projected to increase by USD 5.54 billion, at a CAGR of 3.04% between 2023 and 2028.
The canola oil market in the Asia-Pacific (APAC) region is experiencing substantial growth, with key contributors being China, India, Australia, Thailand, and South Korea. China and India lead in canola oil consumption due to increasing awareness of a healthy lifestyle. Japan, Australia, Thailand, and Pakistan also significantly contribute to canola oil consumption. The region, including China, India, Japan, and Australia, accounts for 40% of global canola production. Australia plays a vital role as a major exporter of canola oils, primarily to European countries. Moreover, the use of canola oil in biodiesel applications for motor vehicles is growing, driven by its excellent cold-flow properties, further propelling regional market growth. American Vegetable Oils Inc. offers canola oil products like AVO Canola Clear Fry Oil and AVO Canola Oil, sourced from rapeseed plants, suitable for various culinary applications. This market is expected to grow significantly, driven by factors such as convenience, changing consumer preferences, and global industry trends, with a focus on benefits like freshness and health.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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