| Product Code: ETC13208636 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Canola Meal Market was valued at USD 2.7 Billion in 2024 and is expected to reach USD 3.9 Billion by 2031, growing at a compound annual growth rate of 4.00% during the forecast period (2025-2031).
The Global Canola Meal Market is witnessing steady growth, driven by the increasing demand for high-protein animal feed ingredients. Canola meal, a byproduct of oil extraction from canola seeds, is valued for its nutritional profile, containing essential amino acids and a balanced protein content suitable for livestock and poultry feed. North America, particularly Canada, dominates the market as a major producer and exporter of canola meal. However, Asia-Pacific is emerging as a lucrative market due to the rising consumption of meat and dairy products. The market is characterized by key players focusing on product innovations, sustainable sourcing practices, and strategic partnerships to strengthen their market presence and meet the evolving demands of the animal feed industry.
The Global Canola Meal Market is experiencing a growing demand due to its nutritional benefits and versatility in animal feed applications. With an increasing focus on sustainable and plant-based protein sources, canola meal is gaining traction as a cost-effective alternative to traditional feed ingredients. The market is also witnessing advancements in processing technologies to improve the quality and digestibility of canola meal, further driving its popularity among livestock producers. Moreover, the rising awareness about the health benefits of canola meal in improving animal growth and productivity is creating opportunities for market expansion. As the global demand for high-quality animal feed ingredients continues to rise, the canola meal market is poised for growth and innovation in the coming years.
The Global Canola Meal Market faces several challenges, including fluctuating prices of raw materials, competition from alternative protein sources, and varying government regulations regarding genetically modified organisms (GMOs) in canola crops. Price volatility of raw materials such as canola seeds can impact the overall production costs and profitability for canola meal manufacturers. Additionally, the market faces competition from other plant-based protein sources like soybean meal and sunflower meal, which can affect market share and pricing strategies. Moreover, differing regulations on GMO canola crops across countries can create barriers to market entry and trade restrictions. Overcoming these challenges requires continuous innovation in production processes, strategic pricing strategies, and adherence to regulatory compliance to maintain a competitive edge in the global canola meal market.
The Global Canola Meal Market is primarily driven by the increasing demand for high-protein animal feed ingredients due to the growing livestock and aquaculture industries worldwide. Canola meal is a valuable source of protein and nutrients for livestock such as poultry, swine, and cattle, making it a preferred choice for feed manufacturers. Additionally, the rising awareness among farmers regarding the benefits of canola meal in improving animal health and productivity is further fueling market growth. The versatility of canola meal as a feed ingredient, its cost-effectiveness compared to alternatives, and its sustainable production practices are also key factors driving the market expansion. Moreover, the growing trend towards healthy and sustainable animal farming practices is expected to continue boosting the demand for canola meal in the coming years.
Government policies related to the global canola meal market vary by country but generally focus on regulations related to production, trade, and quality standards. In Canada, a major producer of canola meal, government policies support the growth of the canola industry through research funding, crop insurance programs, and market development initiatives. The Canadian government also sets standards for canola meal quality to ensure consistency and safety for both domestic and international markets. In the European Union, regulations like the Common Agricultural Policy impact canola meal production and trade within the region. Overall, government policies play a crucial role in shaping the global canola meal market by influencing production practices, trade agreements, and quality standards.
The Global Canola Meal Market is expected to witness steady growth in the coming years. Factors driving this growth include the increasing demand for high-protein animal feed ingredients, particularly in the poultry and swine industries, as well as the rising popularity of plant-based protein sources among consumers. Additionally, the expanding livestock production sector in emerging economies, coupled with the growing awareness about the nutritional benefits of canola meal, are projected to further boost market growth. Technological advancements in canola meal processing and the development of innovative products are also anticipated to drive market expansion. However, challenges such as volatile raw material prices and competition from alternative protein sources may impact market dynamics. Overall, the Global Canola Meal Market is poised for a positive outlook in the foreseeable future.
In the Global Canola Meal Market, Asia is expected to witness significant growth due to the increasing demand for animal feed in countries like China and India. North America is a key player in the market, with the United States being a major producer of canola meal. In Europe, the market is driven by the growing awareness of the nutritional benefits of canola meal in livestock feed. The Middle East and Africa region is also seeing steady growth, supported by the expanding livestock industry. Latin America is emerging as a lucrative market for canola meal, with countries like Brazil and Argentina showing a growing interest in using canola meal as an alternative protein source in animal feed formulations.
Global Canola Meal Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Canola Meal Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Canola Meal Market Revenues & Volume, 2021 & 2031F |
3.3 Global Canola Meal Market - Industry Life Cycle |
3.4 Global Canola Meal Market - Porter's Five Forces |
3.5 Global Canola Meal Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Canola Meal Market Revenues & Volume Share, By Animal Type, 2021 & 2031F |
3.7 Global Canola Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Canola Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Canola Meal Market Trends |
6 Global Canola Meal Market, 2021 - 2031 |
6.1 Global Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Canola Meal Market, Revenues & Volume, By Aquatic Animals, 2021 - 2031 |
6.1.3 Global Canola Meal Market, Revenues & Volume, By Poultry, 2021 - 2031 |
6.1.4 Global Canola Meal Market, Revenues & Volume, By Ruminants, 2021 - 2031 |
6.2 Global Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Canola Meal Market, Revenues & Volume, By Feed, 2021 - 2031 |
6.2.3 Global Canola Meal Market, Revenues & Volume, By Fertilizer, 2021 - 2031 |
6.2.4 Global Canola Meal Market, Revenues & Volume, By Food Additive, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Canola Meal Market, Overview & Analysis |
7.1 North America Canola Meal Market Revenues & Volume, 2021 - 2031 |
7.2 North America Canola Meal Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Canola Meal Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Canola Meal Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Canola Meal Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
7.4 North America Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Canola Meal Market, Overview & Analysis |
8.1 Latin America (LATAM) Canola Meal Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Canola Meal Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Canola Meal Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Canola Meal Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Canola Meal Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Canola Meal Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
8.4 Latin America (LATAM) Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Canola Meal Market, Overview & Analysis |
9.1 Asia Canola Meal Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Canola Meal Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Canola Meal Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Canola Meal Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Canola Meal Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Canola Meal Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
9.4 Asia Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Canola Meal Market, Overview & Analysis |
10.1 Africa Canola Meal Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Canola Meal Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Canola Meal Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Canola Meal Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Canola Meal Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Canola Meal Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
10.4 Africa Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Canola Meal Market, Overview & Analysis |
11.1 Europe Canola Meal Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Canola Meal Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Canola Meal Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Canola Meal Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Canola Meal Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Canola Meal Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
11.4 Europe Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Canola Meal Market, Overview & Analysis |
12.1 Middle East Canola Meal Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Canola Meal Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Canola Meal Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Canola Meal Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Canola Meal Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Canola Meal Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
12.4 Middle East Canola Meal Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Canola Meal Market Key Performance Indicators |
14 Global Canola Meal Market - Export/Import By Countries Assessment |
15 Global Canola Meal Market - Opportunity Assessment |
15.1 Global Canola Meal Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Canola Meal Market Opportunity Assessment, By Animal Type, 2021 & 2031F |
15.3 Global Canola Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Canola Meal Market - Competitive Landscape |
16.1 Global Canola Meal Market Revenue Share, By Companies, 2024 |
16.2 Global Canola Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |