Press Release

Corn Oil Market to Surpass $ 7 Billion by 2022

Growing awareness regarding health benefits of corn oil and rising health consciousness among consumers coupled with shifting preference towards corn oil as biodiesel feedstock to drive global corn oil market through 2022

According to TechSci Research report, “Global Corn Oil Market By Type, By End Use, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2012 – 2022”, the global corn oil market is projected to reach $ 7.2 billion by 2022. Backed by increasing use of healthy and organic oils such as corn oil by health-conscious people and rising disposable income, demand for corn oil on a global level is expected to grow in the coming years. Moreover, rising demand for edible corn oil from retail, food processing and food service industries is expected to positively influence global corn oil market during forecast period.

Browse 22 Tables and 186 Figures spread through 226 Pages and an in-depth TOC on "Global Corn Oil Market"

In 2016, North America dominated the global corn oil market and the same trend is anticipated to continue during the forecast period as well, owing to the fact that the region is also the biggest producer of corn in the world. However, in the coming years, Europe is likely to emerge as the fastest growing region in global corn oil market, on the back of increasing adoption of corn oil by individual consumers in the region due to rising concerns regarding the harmful effects of saturated fats in oils. Corn oil market is broadly categorized into edible corn oil and non-edible corn oil segments. Of these categories, non-edible corn oil is expected to dominate the global corn oil market due to rapidly increasing demand for corn oil as a feedstock for industrial applications such as biodiesel preparation, soap making, etc.

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“With increasing fuel prices and demand for natural biofuel over fossil fuels, demand for oils such as corn oil, which are being grown in abundance for biodiesel preparation as they are environmentally-friendly, is witnessing a rapid rise, globally. Moreover, growing use of organic and natural products like soaps, personal care products, etc., prepared from corn oil containing excess of Vitamin E would further propel demand for corn oil over the course of next five years, globally.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Corn Oil Market By Type, By End Use, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2012 – 2022” has evaluated the future growth potential of global corn oil market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies emerging trends along with essential drivers, challenges and opportunities present in the global corn oil market.

About TechSci Research

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Relevant Reports

Corn Oil Market By Type (Edible Corn Oil and Non-Edible Corn Oil), By Distribution Channel (Supermarkets/Hypermarkets, Direct Sales, Online, and Others (Convenience Stores)), By Application (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Biodiesel), By Region, By Competition Forecast & Opportunities

Consumer Goods and Retail | Jan, 2024

The global corn oil market is driven by various factors such as increasing health consciousness among consumers, the expanding food industry, and the growing industrial applications of corn oil.

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