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Corn Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 128 Pages
  • February 2022
  • Region: Global
  • IMARC Group
  • ID: 5546895

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.

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?

The Global Corn Oil Market was estimated to be valued at $5.3 Billion in 2021.

What is the growth rate of the Global Corn Oil Market?

The growth rate of the Global Corn Oil Market is 7.8%, with an estimated value of $8.3 Billion by 2027.

What is the forecasted size of the Global Corn Oil Market?

The Global Corn Oil Market is estimated to be worth $8.3 Billion by 2027.

Who are the key companies in the Global Corn Oil Market?

Key companies in the Global Corn Oil Market include Archer Daniels Midland Company (ADM), ACH Food Companies, Cargill, Abu Dhabi Vegetable Oil Company (ADVOC), Elburg Global and Savola Group.

FEATURED COMPANIES

  • ACH Food Companies
  • Cargill
  • ConAgra
  • Elburg Global
  • Savola Group

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Corn Oil Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Region
5.5 Market Breakup by Product Type
5.6 Market Breakup by Application
5.7 Market Breakup by Distribution Channel
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Raw Material Procurement
5.10.3 Manufacturing
5.10.4 Marketing
5.10.5 Distribution
5.10.6 End-Use
5.11 Porter’s Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Key Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
5.13 Key Success and Risk Factors
6 Market Breakup by Region
6.1 North America
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Europe
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Asia Pacific
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Latin America
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Middle East and Africa
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Product Type
7.1 Edible
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Edible
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Food
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Biofuel
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Convenience Stores
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Departmental Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Imports and Exports
10.1 Imports by Major Countries
10.2 Exports by Major Countries
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
12 Corn Oil Manufacturing Process
12.1 Product Overview
12.2 Detailed Process Flow
12.3 Various Unit Operations Involved
12.4 Mass Balance and Raw Material Requirements
13 Project Details, Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Construction Requirements and Expenditures
13.3 Plant Machinery
13.4 Raw Materials Requirements and Expenditures
13.5 Packaging Requirements and Expenditures
13.6 Transportation Requirements and Expenditures
13.7 Utilities Requirements and Expenditures
13.8 Manpower Requirements and Expenditures
13.9 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Income Projections
15.5 Expenditure Projections
15.6 Taxation and Depreciation
15.7 Financial Analysis
15.8 Profit Analysis
16 Profiles of Key Players
16.1 Archer Daniels Midland Company (ADM)
16.2 ACH Food Companies
16.3 Cargill
16.4 Abu Dhabi Vegetable Oil Company (ADVOC)
16.5 Elburg Global
16.6 ConAgra
16.7 Savola Group
List of Figures
Figure 1: Global: Corn Oil Market: Major Drivers and Challenges
Figure 2: Global: Corn Oil Market: Production Volume (in Million Tons), 2016-2021
Figure 3: Global: Corn Oil Market: Production Value (in Billion US$), 2016-2021
Figure 4: Global: Corn Oil Market: Breakup by Region (in %), 2021
Figure 5: Global: Corn Oil Market: Breakup by Product Type (in %), 2021
Figure 6: Global: Corn Oil Market: Breakup by Application (in %), 2021
Figure 7: Global: Corn Oil Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Global: Corn Oil Market Forecast: Production Volume (in Million Tons), 2022-2027
Figure 9: Global: Corn Oil Market Forecast: Production Value (in Billion US$), 2022-2027
Figure 10: Global: Corn Oil Industry: SWOT Analysis
Figure 11: Global: Corn Oil Industry: Value Chain Analysis
Figure 12: Global: Corn Oil Industry: Porter’s Five Forces Analysis
Figure 13: Global: Corn Oil Market: Average Prices (in US$/Ton), 2016-2021
Figure 14: Global: Corn Oil Market Forecast: Average Prices (in US$/Ton), 2022-2027
Figure 15: Corn Oil Market: Price Structure (in US$/Ton)
Figure 16: North America: Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 17: North America: Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 18: Europe: Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 19: Europe: Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 20: Asia Pacific: Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 21: Asia-Pacific: Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 22: Latin America: Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 23: Latin America: Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 24: Middle East and Africa: Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 25: Middle East and Africa: Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 26: Global: Edible Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 27: Global: Edible Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 28: Global: Non-Edible Corn Oil Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 29: Global: Non-Edible Corn Oil Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 30: Global: Corn Oil Market (in Food Applications): Sales Volume (in Million Tons), 2016 & 2021
Figure 31: Global: Corn Oil Market Forecast (in Food Applications): Sales Volume (in Million Tons), 2022-2027
Figure 32: Global: Corn Oil Market (in Biofuel Applications): Sales Volume (in Million Tons), 2016 & 2021
Figure 33: Global: Corn Oil Market Forecast (in Biofuel Applications): Sales Volume (in Million Tons), 2022-2027
Figure 34: Global: Corn Oil Market (in Industrial Applications): Sales Volume (in Million Tons), 2016 & 2021
Figure 35: Global: Corn Oil Market Forecast (in Industrial Applications): Sales Volume (in Million Tons), 2022-2027
Figure 36: Global: Corn Oil Market (in Other Applications): Sales Volume (in Million Tons), 2016 & 2021
Figure 37: Global: Corn Oil Market Forecast (in Other Applications): Sales Volume (in Million Tons), 2022-2027
Figure 38: Global: Corn Oil Market: Sales through Supermarkets and Hypermarkets (in Million Tons), 2016 & 2021
Figure 39: Global: Corn Oil Market Forecast: Sales through Supermarkets and Hypermarkets (in Million Tons), 2022-2027
Figure 40: Global: Corn Oil Market: Sales through Convenience Stores (in Million Tons), 2016 & 2021
Figure 41: Global: Corn Oil Market Forecast: Sales through Convenience Stores (in Million Tons), 2022-2027
Figure 42: Global: Corn Oil Market: Sales through Departmental Stores (in Million Tons), 2016 & 2021
Figure 43: Global: Corn Oil Market Forecast: Sales through Departmental Stores (in Million Tons), 2022-2027-
Figure 44: Global: Corn Oil Market: Sales through Other Distribution Channels (in Million Tons), 2016 & 2021
Figure 45: Global: Corn Oil Market Forecast: Sales through Other Distribution Channels (in Million Tons), 2022-2027
Figure 46: Global: Corn Oil: Import Breakup by Country (in %), 2020
Figure 47: Global: Corn Oil: Export Breakup by Country (in %), 2020
Figure 48: Corn Oil Manufacturing Plant: Detailed Process Flow
Figure 49: Corn Oil Manufacturing Plant: Various Types of Unit Operations Involved
Figure 50: Corn Oil Manufacturing Process: Conversion Rate of Feedstocks
Figure 51: Corn Oil Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 52: Corn Oil Industry: Profit Margins at Various Stages of Supply Chain
Figure 53: Corn Oil Manufacturing Plant: Breakup of Operational Costs
List of Tables
Table 1: Global: Corn Oil Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Corn Oil Market Forecast: Breakup by Region (in Million Tons), 2022-2027
Table 3: Global: Corn Oil Market Forecast: Breakup by Product Type (in Million Tons), 2022-2027
Table 4: Global: Corn Oil Market Forecast: Breakup by Application (in Million Tons), 2022-2027
Table 5: Global: Corn Oil Market Forecast: Breakup by Distribution Channel (in Million Tons), 2022-2027
Table 6: Global: Corn Oil Market: Competitive Structure
Table 7: Global: Corn Oil Market: Key Players
Table 8: Corn Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day)
Table 9: Corn Oil Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Corn Oil Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Corn Oil Manufacturing Plant: Machinery Costs (in US$)
Table 12: Corn Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (in US$/Ton)
Table 13: Corn Oil Manufacturing Plant: Costs Related to Utilities
Table 14: Corn Oil Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 15: Corn Oil Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 16: Corn Oil Manufacturing Plant: Capital Costs (in US$)
Table 17: Corn Oil Manufacturing Plant: Techno-Economic Parameters
Table 18: Corn Oil Manufacturing Plant: Taxation (in US$)
Table 19: Corn Oil Manufacturing Plant: Depreciation (in US$)
Table 20: Corn Oil Manufacturing Plant: Income Projections (in US$)
Table 21: Corn Oil Manufacturing Plant: Expenditure Projections (in US$)
Table 22: Corn Oil Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 23: Corn Oil Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 24: Corn Oil Manufacturing Plant: Profit and Loss Account
  • Archer Daniels Midland Company (ADM)
  • ACH Food Companies
  • Cargill
  • Abu Dhabi Vegetable Oil Company (ADVOC)
  • Elburg Global
  • ConAgra
  • Savola Group

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