FEATURED COMPANIES
- ACH Food Companies
- Cargill
- ConAgra
- Elburg Global
- Savola Group
The global corn oil market reached a value of US$ 5.25 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 8.28 Billion by 2027, exhibiting a CAGR of 7.97% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Corn oil is a form of vegetable oil which is extracted from corn germ. It is available in both edible and non-edible forms. Corn oil is mainly composed of polyunsaturated fatty acids and has low content of saturated fats. Hence, it is considered to be a healthy alternative of other edible oil counterparts available in the market. The growing incidences of lifestyle diseases coupled with rising health awareness among consumers has significantly contributed in driving the demand for corn oil globally. Moreover, the use of corn oil in the production of biofuel and various other industrial products such as soaps, paints, textiles, pharmaceuticals, poultry, pesticides etc. have further augmented the growth of the market.
Rising health awareness among consumers has resulted into increasing preference for corn oil due to its health benefits. Moreover, increasing disposable incomes have also enabled consumers to prioritize health over product price. Moreover, as a result of rising environmental concerns, diminishing oil and natural gas resources, and the governments focusing on using cleaner fuels to reduce carbon footprint, the usage of renewable energy sources such as biofuel has been continuously increasing. Though soybean oil is currently being used as the major feedstock in biofuel production, the usage of corn oil in the same has also witnessed substantial growth in recent years. This trend is expected to further aid the growth of the corn oil market globally. Additionally, apart from food and biodiesel applications, corn oil also has a wide array of other industrial applications such as soaps, paints, pesticides, textiles etc. With increasing global population and economic growth across both developed and emerging markets, these end-use industries are also expected to witness substantial growth, creating a positive impact on the demand of corn oil.
North America currently accounts for the largest share in the global corn oil market.
Food applications currently represent the largest application segment.
Supermarkets and Hypermarkets currently enjoy the leading position in the global corn oil market.
2. What was the global corn oil market size in 2021?
3. What will be the corn oil market outlook during the forecast period (2022-2027)?
4. What are the global corn oil market drivers?
5. What are the major trends in the global corn oil market?
6. What is the global corn oil market breakup by product type?
7. What is the global corn oil market breakup by application?
8. What is the global corn oil market breakup by distribution channel?
9. What are the major regions in the global corn oil market?
10. Who are the leading corn oil manufacturers?
Corn oil is a form of vegetable oil which is extracted from corn germ. It is available in both edible and non-edible forms. Corn oil is mainly composed of polyunsaturated fatty acids and has low content of saturated fats. Hence, it is considered to be a healthy alternative of other edible oil counterparts available in the market. The growing incidences of lifestyle diseases coupled with rising health awareness among consumers has significantly contributed in driving the demand for corn oil globally. Moreover, the use of corn oil in the production of biofuel and various other industrial products such as soaps, paints, textiles, pharmaceuticals, poultry, pesticides etc. have further augmented the growth of the market.
Rising health awareness among consumers has resulted into increasing preference for corn oil due to its health benefits. Moreover, increasing disposable incomes have also enabled consumers to prioritize health over product price. Moreover, as a result of rising environmental concerns, diminishing oil and natural gas resources, and the governments focusing on using cleaner fuels to reduce carbon footprint, the usage of renewable energy sources such as biofuel has been continuously increasing. Though soybean oil is currently being used as the major feedstock in biofuel production, the usage of corn oil in the same has also witnessed substantial growth in recent years. This trend is expected to further aid the growth of the corn oil market globally. Additionally, apart from food and biodiesel applications, corn oil also has a wide array of other industrial applications such as soaps, paints, pesticides, textiles etc. With increasing global population and economic growth across both developed and emerging markets, these end-use industries are also expected to witness substantial growth, creating a positive impact on the demand of corn oil.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global corn oil market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, application, and distribution channel.Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
North America currently accounts for the largest share in the global corn oil market.
Breakup by Product Type:
- Edible
- Non-Edible
- The edible form of corn oil currently dominates the global market
Breakup by Application:
- Food
- Biofuel
- Industrial
- Others
Food applications currently represent the largest application segment.
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Departmental Stores
- Others
Supermarkets and Hypermarkets currently enjoy the leading position in the global corn oil market.
Competitive Landscape:
The report has also analysed the competitive landscape of the global corn oil market. Some of the leading players include Archer Daniels Midland Company (ADM), ACH Food Companies, Cargill, Abu Dhabi Vegetable Oil Company (ADVOC), Elburg Global, ConAgra and Savola Group, etc.Key Questions Answered in this Report
1. What is the impact of COVID-19 on the global corn oil market?2. What was the global corn oil market size in 2021?
3. What will be the corn oil market outlook during the forecast period (2022-2027)?
4. What are the global corn oil market drivers?
5. What are the major trends in the global corn oil market?
6. What is the global corn oil market breakup by product type?
7. What is the global corn oil market breakup by application?
8. What is the global corn oil market breakup by distribution channel?
9. What are the major regions in the global corn oil market?
10. Who are the leading corn oil manufacturers?
Frequently Asked Questions about the Global Corn Oil Market
What is the estimated value of the Global Corn Oil Market?
What is the growth rate of the Global Corn Oil Market?
What is the forecasted size of the Global Corn Oil Market?
Who are the key companies in the Global Corn Oil Market?
FEATURED COMPANIES
- ACH Food Companies
- Cargill
- ConAgra
- Elburg Global
- Savola Group
1 Preface3 Executive Summary14 Loans and Financial Assistance
2 Scope and Methodology
4 Introduction
5 Global Corn Oil Market
6 Market Breakup by Region
7 Market Breakup by Product Type
8 Market Breakup by Application
9 Market Breakup by Distribution Channel
10 Imports and Exports
11 Competitive Landscape
12 Corn Oil Manufacturing Process
13 Project Details, Requirements and Costs Involved
15 Project Economics
16 Profiles of Key Players
List of Figures
List of Tables
- Archer Daniels Midland Company (ADM)
- ACH Food Companies
- Cargill
- Abu Dhabi Vegetable Oil Company (ADVOC)
- Elburg Global
- ConAgra
- Savola Group
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