Canada Oleyl Alcohol Market Size & Outlook, 2023-2030
Canada oleyl alcohol market, 2018-2030 (US$M)
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Canada oleyl alcohol market highlights
- The Canada oleyl alcohol market generated a revenue of USD 87.6 million in 2023 and is expected to reach USD 121.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, fish oil was the largest revenue generating source in 2023.
- Olive Oil is the most lucrative source segment registering the fastest growth during the forecast period.
Oleyl alcohol market data book summary
| Market revenue in 2023 | USD 87.6 million |
| Market revenue in 2030 | USD 121.5 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Olive Oil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef Fat, Fish Oil, Olive Oil |
| Key market players worldwide | Akzo Nobel NV, EcoGroup, Procter & Gamble Co, Croda International PLC, Stepan Co, Sasol Ltd, The Lubrizol Corp, Henkel AG & Co KGaA, Ashland Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 8.6% of the global oleyl alcohol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 121.5 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada oleyl alcohol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oleyl alcohol market will help companies and investors design strategic landscapes.
Fish oil was the largest segment with a revenue share of 37.21% in 2023. Horizon Databook has segmented the Canada oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The oleyl alcohol market in Canada is driven by the increase in demand for ready-to-drink beverages such as wine coolers and canned cocktails. These beverages have gained popularity among consumers due to their convenience and portability, especially among younger consumers seeking refreshing and easy-to-drink options.
Beverage companies in Canada are entering partnerships and collaborations to cater to the increasing demand for beverage products. For instance, Keurig Dr. Pepper, Inc. and Geloso Group of Companies announced their partnership to increase the distribution of the Caesar brand.
The companies have decided to introduce ready-to-drink malt-based Clamato Caesar drink in Quebec as a part of their expansion initiative. Such initiatives are expected to increase the consumption of oleyl alcohol in Canada.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Canada oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada oleyl alcohol market size, by source, 2018-2030 (US$M)
Canada Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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