Canola Seeds Market Trends and Forecast
The future of the global canola seeds market looks promising with opportunities in the direct sale, modern trade, and e-retailer markets. The global canola seeds market is expected to grow with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing demand for canola oil in the cooking and biofuel industries and expansion of canola cultivation owing to its high oil content and versatility.
• Lucintel forecasts that GMO is expected to witness higher growth over the forecast period.
• Within this market, direct sale is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Canola Seeds Market
• Canada: Bayer CropScience and Corteva Agriscience have been developing hybrid canola seed varieties with enhanced resistance to diseases like blackleg. Initiatives include increasing yield potential and maintaining CanadaÄX%$%Xs position as a leading global exporter of canola.
• Australia: Nuseed and Pacific Seeds are focusing on breeding canola varieties with improved heat and drought tolerance. Targets include expanding canola cultivation in dryland farming regions and enhancing oil content for both domestic and export markets.
• Germany: KWS SAAT and DSV Group are investing in research to develop genetically modified (GM) canola seeds with traits like herbicide resistance. Initiatives aim to address environmental concerns and improve crop management practices in Europe.
• China: Chinese companies like Longping High-Tech and Huada Seed Group are introducing hybrid canola seeds adapted to local climates in the northern China. Targets include increasing domestic production to meet growing demand for edible oils and livestock feed.
• United States: DowDuPont (now Corteva Agriscience) and Monsanto (now Bayer) are promoting canola seed varieties with traits like high oil content and pest resistance. Initiatives focus on expanding canola acreage in regions like North Dakota and Montana to diversify crop rotations and support sustainable agriculture practices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Canola Seeds Market by Segment
The study includes a forecast for the global canola seeds market by type, application, and region.
Canola Seeds Market by Type [Value from 2018 to 2030]:
• GMO
• Non-GMO
Canola Seeds Market by Application [Value from 2018 to 2030]:
• Direct Sales
• Modern Trade
• E-Retailers
• Others
Canola Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Canola Seeds Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies canola seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the canola seeds companies profiled in this report include-
• Dupont
• Syngenta
• Bayer
• Dow
• Origin Agritech
• Pitura Seeds
• Calyxt
Recent Development in the Canola Seeds Market
• Yara has introduced hybrid canola seeds with enhanced nutrient uptake capabilities, aiming to improve yield and nutrient efficiency in canola crops across Europe and North America.
• Advanta Seeds has developed hybrid canola varieties adapted to Indian climatic conditions, focusing on high oil content and pest resistance to support sustainable agriculture practices in South Asia.
• Nuseed has launched omega-3 canola seeds enriched with DHA and EPA, targeting the health food market and offering Australian farmers a new specialty crop opportunity.
• DLF Seeds has invested in breeding programs to develop canola varieties with improved winter hardiness and disease resistance, catering to northern European climates and enhancing crop resilience.
• Huasheng Seed has introduced hybrid canola seeds tailored for the Yangtze River Basin, focusing on yield stability and adaptability to the regionÄX%$%Xs variable climate conditions to bolster production in China.
Features of the Global Canola Seeds Market
Market Size Estimates: Canola seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Canola seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Canola seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the canola seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the canola seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for canola seeds market?
Answer: The global canola seeds market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the canola seeds market?
Answer: The major drivers for this market are increasing demand for canola oil in the cooking and biofuel industries and expansion of canola cultivation owing to its high oil content and versatility.
Q3. What are the major segments for canola seeds market?
Answer: The future of the canola seeds market looks promising with opportunities in the direct sale, modern trade, and e-retailer markets.
Q4. Who are the key canola seeds market companies?
Answer: Some of the key canola seeds companies are as follows:
• Dupont
• Syngenta
• Bayer
• Dow
• Origin Agritech
• Pitura Seeds
• Calyxt
Q5. Which canola seeds market segment will be the largest in future?
Answer: Lucintel forecasts that GMO is expected to witness higher growth over the forecast period.
Q6. In canola seeds market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the canola seeds market by type (GMO and non-GMO), application (direct sales, modern trade, e-retailers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Canola Seeds Market Market, Canola Seeds Market Market Size, Canola Seeds Market Market Growth, Canola Seeds Market Market Analysis, Canola Seeds Market Market Report, Canola Seeds Market Market Share, Canola Seeds Market Market Trends, Canola Seeds Market Market Forecast, Canola Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.