Canola oil is derived from the seeds of the canola plant, a type of rapeseed. It is known for its high content of monounsaturated fats, comprising about 62% of its total fat content. Additionally, it contains approximately 31% polyunsaturated fats and 7% saturated fats. This composition makes canola oil one of the healthier cooking oils available, as it can help lower bad cholesterol (LDL) while increasing good cholesterol (HDL) levels in the body (Filtrox).

Heart Health: The high levels of monounsaturated fats in canola oil contribute to improved heart health by reducing cholesterol levels.
Versatility: With a smoke point of around 400°F (204°C), canola oil is suitable for various cooking methods, including frying, baking, and sautéing (HealthPartners Blog).
Neutral Flavor: Canola oil has a mild flavor that doesn't overpower dishes, making it a versatile ingredient in many recipes.

Peanut oil, extracted from peanuts, is another popular cooking oil, especially in Asian cuisine. It contains about 48% monounsaturated fats, 34% polyunsaturated fats, and 18% saturated fats. Its composition makes it slightly less healthy than canola oil, but it still offers substantial health benefits (Filtrox).

High Smoke Point: Peanut oil has a high smoke point (around 450°F or 232°C for refined oil), making it ideal for frying and high-heat cooking (HealthPartners Blog).
Flavor Profile: Peanut oil has a slightly nutty flavor, which can enhance the taste of dishes, particularly in stir-frying and Asian recipes (Filtrox).
Long Shelf Life: Peanut oil tends to have a longer shelf life compared to many other cooking oils, which can be a practical advantage for home cooks.

As shown in the table above, canola oil contains a higher percentage of monounsaturated fats, making it a heart-healthier option. However, peanut oil’s higher smoke point makes it preferable for frying.

Baking: Its neutral flavor and high smoke point make it suitable for baked goods.
Salad Dressings: Canola oil can be used as a base for homemade salad dressings.
General Cooking: Ideal for sautéing vegetables and other low-heat cooking methods.

Frying: The high smoke point of peanut oil makes it perfect for deep frying and stir-frying.
Asian Cuisine: Its nutty flavor enhances dishes like fried rice, stir-fries, and marinades.
Roasting: Peanut oil can be used for roasting meats and vegetables, imparting a unique flavor.

Both canola oil and peanut oil have their advantages and ideal uses in the kitchen. Canola oil is a heart-healthy choice rich in monounsaturated fats, making it suitable for a variety of cooking methods, especially baking and salad dressings. On the other hand, peanut oil shines in high-heat cooking applications like frying, thanks to its high smoke point and distinct flavor.

Ultimately, the choice between canola oil and peanut oil will depend on your cooking needs and personal health considerations. Incorporating a variety of oils into your diet can help you enjoy the unique flavors and benefits each has to offer.