Canola Oil Market Share Worldwide Prospects, Share, Crucial Players, Size & Forecast – 2027
Canola oil is a vegetable oil which is extracted from genetically modified oilseed crops. It has applications in food, feed, and fuel. Its consumption by the vegan populace owing to its content of alpha-linolenic acid (ALA) can drive up its production. The global canola oil market report contains valuable insights and niche trends which can be prevalent during the period of 2019 to 2024 (forecast period). The report also contains the impact of the COVID-19 pandemic as a market force. Market Scope The global canola oil market is expected a large windfall during the forecast period owing to its purchase by health-conscious consumers for cooking food. The large percentage of omega-3 and omega-6 fatty acids in canola oil is appealing to customers and food & beverage industries. The large obese population, rising number of cardiovascular diseases, and other conditions due to intake of fat are drivers projected to drive up the demand for canola oil. Investments in research for ...