Corn Oil Market By Size, Share and Forecast 2028

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD5.65 Billion
CAGR (2023-2028)	7.5%
Fastest Growing Segment	Edible Corn Oil
Largest Market	North America

Market Overview

The Global Corn Oil Market has valued at USD5.65 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.5% through 2028. Corn oil, extracted from maize kernels, has become a staple in kitchens worldwide, as well as an essential ingredient in the food processing and industrial sectors.

The global corn oil market has witnessed steady growth over the years due to its increasing demand in the food industry, particularly in cooking and frying applications. The market's growth is also driven by the rising awareness of the health benefits associated with corn oil consumption. As consumer preferences for healthier cooking oils grow, corn oil is gaining traction due to its lower saturated fat content compared to some other cooking oils. The primary application of corn oil is in cooking and frying due to its high smoke point, making it suitable for various culinary processes. Moreover, it is widely used in the food industry for salad dressings, margarine, and baked goods. Beyond food applications, corn oil is also used in the production of biodiesel, animal feed, and industrial products such as soaps and pharmaceuticals.

Corn oil is rich in polyunsaturated fats, particularly omega-6 fatty acids, which are considered heart-healthy when consumed in moderation. It is also a source of vitamin E, an antioxidant that helps protect cells from damage. These nutritional attributes have contributed to corn oil's popularity as a healthier cooking oil choice.

The corn oil market faces challenges related to price fluctuations in the corn market, competition from other vegetable oils, and the need to address sustainability concerns in the production process.

Key Market Drivers

Increasing Health Consciousness

One of the primary drivers of the global corn oil market is the rising awareness of health and wellness among consumers. Corn oil is known for its heart-healthy properties as it is low in saturated fats and high in unsaturated fats, particularly monounsaturated and polyunsaturated fats. These fats can help reduce cholesterol levels and lower the risk of heart diseases, making corn oil a preferred choice for health-conscious consumers.

Furthermore, corn oil is rich in antioxidants, particularly vitamin E, which has been linked to various health benefits, including improved skin health and immune system support. As people become more health-conscious and seek out products that promote well-being, the demand for corn oil as a cooking oil and ingredient in various food products is expected to continue rising.

Expanding Food Industry

The food industry plays a crucial role in driving the demand for corn oil. Corn oil is used as a cooking oil in households and restaurants and as an ingredient in various food products, such as snacks, baked goods, and salad dressings. As the global population grows and urbanizes, there is an increasing demand for convenience foods and processed snacks, which often contain corn oil.

Additionally, the trend toward healthier eating habits has led to the reformulation of food products to reduce saturated fats and trans fats, making corn oil a preferred choice for food manufacturers. Its neutral flavor and ability to enhance the texture and mouthfeel of food products without altering the taste have contributed to its popularity in the food industry. Therefore, the expanding food industry, driven by changing consumer preferences and lifestyles, is a significant driver of the global corn oil market.

Download Free Sample Report

Growing Industrial Applications

Corn oil is not limited to the food industry; it also finds applications in various industrial sectors. One of the notable applications is in the production of biodiesel. As the world focuses on reducing greenhouse gas emissions and shifting toward renewable energy sources, biodiesel has gained prominence as an alternative to traditional fossil fuels. Corn oil is a key feedstock for biodiesel production due to its high lipid content, making it a sustainable and environmentally friendly choice.

Furthermore, corn oil is used in the manufacturing of soaps, cosmetics, and pharmaceuticals. Its emollient properties make it a common ingredient in personal care products, including skin creams and lotions. The pharmaceutical industry uses corn oil as a carrier oil for certain medications. The growth of these industrial applications, driven by sustainability and the demand for natural ingredients, contributes significantly to the global corn oil market.

Key Market Challenges

Fluctuating Corn Supply and Prices

The availability and price of corn are essential factors influencing the corn oil market. Corn is the primary raw material for corn oil production, and its supply is susceptible to various factors like weather conditions, pest infestations, and changing agricultural practices. In recent years, unpredictable weather patterns due to climate change have led to fluctuations in corn yields, causing supply disruptions. This, in turn, affects the price of corn, which directly impacts the cost of corn oil production.

Additionally, the use of corn for ethanol production, livestock feed, and food products competes with its utilization for corn oil extraction. As a result, the corn oil market must navigate these supply and demand dynamics, which can lead to price volatility and potentially reduced profit margins for producers.

Health and Nutrition Concerns

The health and nutrition concerns surrounding corn oil present a significant challenge for the industry. While corn oil is widely used for its neutral flavor and high smoke point in cooking and frying applications, it has come under scrutiny due to its high omega-6 fatty acid content. An imbalanced intake of omega-6 fatty acids relative to omega-3 fatty acids in the diet has been associated with increased inflammation and various health issues.

Health-conscious consumers are increasingly looking for alternatives with healthier fat profiles, such as oils rich in monounsaturated or polyunsaturated fats like olive oil or canola oil. To address this challenge, corn oil producers are exploring methods to reduce the omega-6 content in their products or diversify their offerings with healthier oil alternatives.

Regulatory and Sustainability Concerns

The global corn oil market faces regulatory challenges related to labeling, trans-fat regulations, and sustainability standards. Governments and health organizations in various countries have imposed regulations on the labeling of trans-fats in food products, which can affect the marketability of corn oil if its trans-fat content is not within permissible limits. Producers must continuously monitor and adjust their production processes to meet these evolving regulatory requirements.

Additionally, sustainability concerns, including the environmental impact of corn cultivation and the energy-intensive nature of corn oil extraction, are emerging as significant challenges. Consumers are becoming more environmentally conscious, demanding products with lower carbon footprints. Corn cultivation often requires large amounts of water, pesticides, and fertilizers, contributing to concerns about water usage and pesticide runoff. This has led to calls for more sustainable agricultural practices and increased transparency in the supply chain.

Furthermore, the competition from alternative oils with perceived sustainability advantages, such as oils derived from non-GMO crops or sources like algae, poses a challenge for the corn oil market. Meeting sustainability standards and adopting eco-friendly practices can be costly for producers but are becoming increasingly important for market access and consumer acceptance.

Key Market Trends

Health and Wellness Drive Demand for Healthier Cooking Oils

One of the most influential trends in the global corn oil market is the growing emphasis on health and wellness. Consumers are becoming more health-conscious and are actively seeking cooking oils that offer nutritional benefits. Corn oil, with its relatively low saturated fat content and high levels of heart-healthy unsaturated fats, has gained popularity as a healthier alternative to other cooking oils.

Furthermore, corn oil is rich in phytosterols, which are known for their cholesterol-lowering properties. This has led to increased adoption of corn oil as a cooking medium, especially among individuals looking to manage their cholesterol levels and maintain a heart-healthy diet.

As a result, corn oil manufacturers are responding by promoting the health benefits of their products and offering variants such as non-GMO, organic, and high-oleic corn oils to cater to the diverse preferences of health-conscious consumers.

Sustainable and Ethical Sourcing Practices

Another noteworthy trend in the global corn oil market is the growing emphasis on sustainable and ethical sourcing practices. Consumers are becoming more conscious of the environmental and ethical implications of their purchasing decisions. This awareness extends to the sourcing and production processes of cooking oils, including corn oil.

Companies operating in the corn oil market are increasingly adopting sustainable agriculture practices, including responsible water usage, reduced pesticide use, and soil conservation. Ethical sourcing practices, such as fair labor standards and community engagement, are also gaining importance.

Additionally, some consumers are showing a preference for corn oil derived from non-GMO (genetically modified organism) corn varieties. As a result, manufacturers are investing in transparent supply chains and certifications to assure consumers of their commitment to sustainability and ethical practices.

Technological Advancements in Production and Packaging

Advancements in technology are revolutionizing the corn oil production process and packaging methods. These innovations are enhancing efficiency, quality, and shelf life, thereby influencing the market's dynamics.

Traditional corn oil extraction methods involved chemical solvents. However, there is a shift towards mechanical pressing and expeller-pressed methods, which are considered more natural and eco-friendlier. These methods preserve the oil's natural flavor and nutritional value.

Packaging plays a crucial role in preserving the quality of corn oil. Manufacturers are increasingly adopting advanced packaging solutions, such as oxygen barrier materials and UV-resistant containers, to prevent oxidation and maintain oil freshness.

Automation and digital technologies are being integrated into production processes to ensure consistent quality and reduce human error. Advanced quality control measures, such as real-time monitoring of oil attributes, are becoming standard in corn oil production facilities.

Segmental Insights

Type Insights

Edible corn oil has emerged as a vital player in the global corn oil market, enjoying a substantial share due to its versatility, health benefits, and widespread usage in the food industry. As a vegetable oil derived from the kernels of maize (corn), it has become an indispensable component in cooking and food processing.

One of the key factors contributing to the significant share of edible corn oil in the global market is its widespread availability. Corn is cultivated on a large scale in various parts of the world, making it a readily accessible source of this cooking oil. The abundance of corn as a raw material ensures a stable and consistent supply, which is crucial for both manufacturers and consumers.

Moreover, edible corn oil is renowned for its health-conscious attributes. It is naturally low in saturated fats and cholesterol, making it a preferred choice for health-conscious individuals. The oil's high smoke point, which is suitable for various cooking methods, including frying and sautéing, adds to its appeal. The versatility of corn oil extends its applications to a wide range of culinary practices, from salad dressings to baking, which further bolsters its demand in households and commercial kitchens.

In addition to its culinary uses, edible corn oil has found applications in the food processing industry. It is a common ingredient in the production of snacks, baked goods, and ready-to-eat meals. Its neutral flavor and excellent stability make it an ideal choice for preserving food quality and extending shelf life. This versatility within the food processing sector contributes significantly to its market share.

The global corn oil market's growth is further propelled by the increasing awareness of health and wellness among consumers. As more people seek healthier cooking alternatives, edible corn oil's reputation as a heart-healthy oil becomes a driving force behind its market dominance. It is often preferred over other oils that are high in saturated fats.

Application Insights

The Food & Beverage sector plays a pivotal role in the ever-expanding global corn oil market. With its versatile applications and numerous health benefits, corn oil has garnered a substantial share within this sector. This golden-hued liquid is extracted from the germ of corn kernels through a complex process, making it a valuable ingredient in a variety of food and beverage products.

One of the primary reasons for corn oil's prevalence in the Food & Beverage sector is its exceptional cooking properties. It has a high smoke point, which means it can withstand high temperatures without breaking down or producing harmful compounds. This attribute makes it a preferred choice for frying and sautéing in commercial kitchens and households alike. Corn oil's neutral flavor also ensures that it doesn't overpower the taste of the food, making it an ideal cooking medium for a wide range of cuisines.

Moreover, corn oil has gained recognition for its health benefits. It is low in saturated fats and contains a balanced ratio of polyunsaturated and monounsaturated fats, making it heart-healthy. This nutritional profile aligns perfectly with the health-conscious trends observed in the Food & Beverage sector, where consumers increasingly demand healthier cooking oils and ingredients. Corn oil's cholesterol-lowering properties further enhance its appeal in this context.

In addition to its culinary applications, corn oil is a crucial ingredient in the production of numerous food and beverage products. It serves as an emulsifier, enhancing the texture and mouthfeel of salad dressings, sauces, and mayonnaise. Corn oil's ability to extend the shelf life of products through its antioxidant properties is particularly valuable for the sector. It also acts as a carrier for flavors and seasonings in snacks, baked goods, and ready-to-eat meals, contributing to the overall taste and aroma of these products.

Download Free Sample Report

Regional Insights

North America holds a substantial and influential share in the global corn oil market, showcasing its pivotal role in the production and consumption of this essential vegetable oil. This region, comprising the United States, Canada, and Mexico, boasts a multitude of factors that contribute to its dominance in the corn oil industry.

First and foremost, the United States stands as a corn oil production powerhouse. With its vast agricultural landscapes and highly efficient farming practices, the U.S. yields an impressive corn harvest annually. Corn, a staple crop in American agriculture, serves as the primary raw material for corn oil production. The abundance of corn allows North American manufacturers to extract substantial quantities of oil, meeting both domestic and international demands.

Moreover, the North American corn oil market benefits from advanced technology and state-of-the-art extraction processes. The region's modern oil extraction facilities employ cutting-edge techniques, such as solvent extraction and cold pressing, to obtain high-quality corn oil efficiently. This technological prowess ensures that North American corn oil meets rigorous quality standards, making it a preferred choice for various applications in the food industry, including frying, baking, and salad dressings.

Additionally, North America's commitment to sustainable agriculture practices aligns with the global trend towards healthier and environmentally conscious food products. Corn oil, being low in saturated fats and trans fats, appeals to health-conscious consumers, further fueling its demand in the region. North American farmers increasingly adopt sustainable farming practices, which not only ensure a consistent corn supply but also resonate with consumers seeking ethically produced and environmentally friendly products.

Furthermore, the region's robust infrastructure and extensive distribution networks facilitate the efficient supply of corn oil both domestically and internationally. The strategic location of North America allows for easy export to global markets, making it a vital player in the worldwide corn oil trade.

Recent Developments

In 2022, Green Plains Inc., a leading American ethanol fuel producer, announced successful product and technology innovations at its Wood River, Nebraska biorefinery. These efforts resulted in the production of corn protein concentrations exceeding 60%, with yields of up to 4 pounds per bushel, utilizing the patented Fluid Quip Technologies MSC system. Modifications made during the trial phase also yielded record-high amounts of low-carbon renewable corn oil, reaching up to 1.4 pounds per bushel. These advancements further enhance the company's ability to supply a strategic feedstock to the rapidly growing renewable diesel market.
In 2022, Minnedosa Ethanol Plant (M.E.P.), located in Minnedosa, Canada, commenced the production of corn oil for renewable diesel. This new product showcases the company's unwavering commitment to ingenuity, collaboration, and innovation in meeting the evolving global energy demands. Previously, M.E.P. focused on producing fuel-grade ethanol and Dried Distillers Grain with Solubles (DDGS), valuable co-products of corn utilized in the animal feed market. Due to market fluctuations, the company shifted its operations to include the production of Distillers Corn Oil (D.C.O.).
In 2022, L.C.M. Inc., a U.S.-based biofuel industry leader, entered into a contract with Impacto Energia S/A and its sister company, Impacto Bioenergia, a prominent energy company in Brazil. The agreement entails the construction of a state-of-the-art dry-mill ethanol production facility in Bahia, Brazil, with an estimated start date in early 2025. The plant, designed to process 1,700 metric tons of corn per day, will be equipped with L.C.M.'s proprietary Base Tricanter System, Selective Milling Technology, and Fiber Separation Technology. The biorefinery is projected to recover 9,000 metric tons of corn oil.
In 2022, The Food Safety and Standards Authority of India (FSSAI) issued an order for the immediate implementation of crude corn oil standards in the Food Product Standards and Food Additives (F.S.S.) Regulations of 2011. These standards were incorporated through the F.S.S. Amendment Regulations of 2022. The regulations define specific criteria for crude oil, including a maximum moisture content of 0.25% by weight and a refractive index range of 1.4637-1.4675 at 40 degrees Celsius, among others.

Key Market Players

Ingredion Incorporated
Richardson International
Roquette Frères.
Abu Dhabi Vegetable Oil Company LLC.
Archer-Daniels-Midland Company
Associated British Foods
Bluecraft Agro
Cargill Inc
Grain Processing Corporation
Greenfield Specialty Alcohols

By Type	By Distribution Channel	By Application	By Region
Edible Corn Oil Non-Edible Corn Oil	Supermarkets/Hypermarkets Direct Sales Online Others	Food & Beverage Pharmaceuticals Cosmetics & Personal Care Biodiesel	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the global corn oil market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Corn Oil Market, By Type:

o Edible Corn Oil

o Non-Edible Corn Oil

Global Corn Oil Market, By Distribution Channel:

o Supermarkets/Hypermarkets

o Direct Sales

o Online

o Others

Global Corn Oil Market, By Application:

o Food & Beverage

o Pharmaceuticals

o Cosmetics & Personal Care

o Biodiesel

Global Corn Oil Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Asia-Pacific

§ China

§ India

§ Japan

§ South Korea

§ Australia

o Europe

§ Germany

§ France

§ United Kingdom

§ Italy

§ Spain

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ Saudi Arabia

§ UAE

§ South Africa

§ Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global corn oil market.

Available Customizations:

Global Corn Oil Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Corn Oil Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Global Corn Oil Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Type Market Share Analysis (Edible Corn Oil and Non-Edible Corn Oil)

4.2.2. By Distribution Channel Market Share Analysis (Supermarkets/Hypermarkets, Direct Sales, Online, and Others (Convenience Stores))

4.2.3. By Application Market Share Analysis (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Biodiesel)

4.2.4. By Regional Market Share Analysis

4.2.4.1. North America Market Share Analysis

4.2.4.2. South America Market Share Analysis

4.2.4.3. Middle East & Africa Market Share Analysis

4.2.4.4. Europe Market Share Analysis

4.2.4.5. Asia-Pacific Market Share Analysis

4.2.5. By Top 5 Companies Market Share Analysis, Others (2022)

4.3. Global Corn Oil Market Mapping & Opportunity Assessment

4.3.1. By Type Mapping & Opportunity Assessment

4.3.2. By Distribution Channel Mapping & Opportunity Assessment

4.3.3. By Application Mapping & Opportunity Assessment

4.3.4. By Regional Market Mapping & Opportunity Assessment

5. North America Corn Oil Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type Market Share Analysis

5.2.2. By Distribution Channel Market Share Analysis

5.2.3. By Application Market Share Analysis

5.2.4. By Country Market Share Analysis

5.2.4.1. United States Corn Oil Market Outlook

5.2.4.1.1. Market Size & Forecast

5.2.4.1.1.1. By Value

5.2.4.1.2. Market Share & Forecast

5.2.4.1.2.1. By Type Market Share Analysis

5.2.4.1.2.2. By Distribution Channel Market Share Analysis

5.2.4.1.2.3. By Application Market Share Analysis

5.2.4.2. Canada Corn Oil Market Outlook

5.2.4.2.1. Market Size & Forecast

5.2.4.2.1.1. By Value

5.2.4.2.2. Market Share & Forecast

5.2.4.2.2.1. By Type Market Share Analysis

5.2.4.2.2.2. By Distribution Channel Market Share Analysis

5.2.4.2.2.3. By Application Market Share Analysis

5.2.4.3. Mexico Corn Oil Market Outlook

5.2.4.3.1. Market Size & Forecast

5.2.4.3.1.1. By Value

5.2.4.3.2. Market Share & Forecast

5.2.4.3.2.1. By Type Market Share Analysis

5.2.4.3.2.2. By Distribution Channel Market Share Analysis

5.2.4.3.2.3. By Application Market Share Analysis

6. Europe Corn Oil Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type Market Share Analysis

6.2.2. By Distribution Channel Market Share Analysis

6.2.3. By Application Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. France Corn Oil Market Outlook

6.2.4.1.1. Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2. Market Share & Forecast

6.2.4.1.2.1. By Type Market Share Analysis

6.2.4.1.2.2. By Distribution Channel Market Share Analysis

6.2.4.1.2.3. By Application Market Share Analysis

6.2.4.2. Germany Corn Oil Market Outlook

6.2.4.2.1. Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2. Market Share & Forecast

6.2.4.2.2.1. By Type Market Share Analysis

6.2.4.2.2.2. By Distribution Channel Market Share Analysis

6.2.4.2.2.3. By Application Market Share Analysis

6.2.4.3. Spain Corn Oil Market Outlook

6.2.4.3.1. Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2. Market Share & Forecast

6.2.4.3.2.1. By Type Market Share Analysis

6.2.4.3.2.2. By Distribution Channel Market Share Analysis

6.2.4.3.2.3. By Application Market Share Analysis

6.2.4.4. Italy Corn Oil Market Outlook

6.2.4.4.1. Market Size & Forecast

6.2.4.4.1.1. By Value

6.2.4.4.2. Market Share & Forecast

6.2.4.4.2.1. By Type Market Share Analysis

6.2.4.4.2.2. By Distribution Channel Market Share Analysis

6.2.4.4.2.3. By Application Market Share Analysis

6.2.4.5. United Kingdom Corn Oil Market Outlook

6.2.4.5.1. Market Size & Forecast

6.2.4.5.1.1. By Value

6.2.4.5.2. Market Share & Forecast

6.2.4.5.2.1. By Type Market Share Analysis

6.2.4.5.2.2. By Distribution Channel Market Share Analysis

6.2.4.5.2.3. By Application Market Share Analysis

7. Asia-Pacific Corn Oil Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type Market Share Analysis

7.2.2. By Distribution Channel Market Share Analysis

7.2.3. By Application Market Share Analysis

7.2.4. By Country

7.2.4.1. China Corn Oil Market Outlook

7.2.4.1.1. Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2. Market Share & Forecast

7.2.4.1.2.1. By Type Market Share Analysis

7.2.4.1.2.2. By Distribution Channel Market Share Analysis

7.2.4.1.2.3. By Application Market Share Analysis

7.2.4.2. Japan Corn Oil Market Outlook

7.2.4.2.1. Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2. Market Share & Forecast

7.2.4.2.2.1. By Type Market Share Analysis

7.2.4.2.2.2. By Distribution Channel Market Share Analysis

7.2.4.2.2.3. By Application Market Share Analysis

7.2.4.3. India Corn Oil Market Outlook

7.2.4.3.1. Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2. Market Share & Forecast

7.2.4.3.2.1. By Type Market Share Analysis

7.2.4.3.2.2. By Distribution Channel Market Share Analysis

7.2.4.3.2.3. By Application Market Share Analysis

7.2.4.4. Australia Corn Oil Market Outlook

7.2.4.4.1. Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2. Market Share & Forecast

7.2.4.4.2.1. By Type Market Share Analysis

7.2.4.4.2.2. By Distribution Channel Market Share Analysis

7.2.4.4.2.3. By Application Market Share Analysis

7.2.4.5. South Korea Corn Oil Market Outlook

7.2.4.5.1. Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2. Market Share & Forecast

7.2.4.5.2.1. By Type Market Share Analysis

7.2.4.5.2.2. By Distribution Channel Market Share Analysis

7.2.4.5.2.3. By Application Market Share Analysis

8. Middle East & Africa Corn Oil Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type Market Share Analysis

8.2.2. By Distribution Channel Market Share Analysis

8.2.3. By Application Market Share Analysis

8.2.4. By Country

8.2.4.1. South Africa Corn Oil Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Type Market Share Analysis

8.2.4.1.2.2. By Distribution Channel Market Share Analysis

8.2.4.1.2.3. By Application Market Share Analysis

8.2.4.2. Saudi Arabia Corn Oil Market Outlook

8.2.4.2.1. Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2. Market Share & Forecast

8.2.4.2.2.1. By Type Market Share Analysis

8.2.4.2.2.2. By Distribution Channel Market Share Analysis

8.2.4.2.2.3. By Application Market Share Analysis

8.2.4.3. UAE Corn Oil Market Outlook

8.2.4.3.1. Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2. Market Share & Forecast

8.2.4.3.2.1. By Type Market Share Analysis

8.2.4.3.2.2. By Distribution Channel Market Share Analysis

8.2.4.3.2.3. By Application Market Share Analysis

8.2.4.4. Turkey Corn Oil Market Outlook

8.2.4.4.1. Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2. Market Share & Forecast

8.2.4.4.2.1. By Type Market Share Analysis

8.2.4.4.2.2. By Distribution Channel Market Share Analysis

8.2.4.4.2.3. By Application Market Share Analysis

9. South America Corn Oil Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type Market Share Analysis

9.2.2. By Distribution Channel Market Share Analysis

9.2.3. By Application Market Share Analysis

9.2.4. By Country

9.2.4.1. Argentina Corn Oil Market Outlook

9.2.4.1.1. Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2. Market Share & Forecast

9.2.4.1.2.1. By Type Market Share Analysis

9.2.4.1.2.2. By Distribution Channel Market Share Analysis

9.2.4.1.2.3. By Application Market Share Analysis

9.2.4.2. Colombia Corn Oil Market Outlook

9.2.4.2.1. Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2. Market Share & Forecast

9.2.4.2.2.1. By Type Market Share Analysis

9.2.4.2.2.2. By Distribution Channel Market Share Analysis

9.2.4.2.2.3. By Application Market Share Analysis

9.2.4.3. Brazil Corn Oil Market Outlook

9.2.4.3.1. Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2. Market Share & Forecast

9.2.4.3.2.1. By Type Market Share Analysis

9.2.4.3.2.2. By Distribution Channel Market Share Analysis

9.2.4.3.2.3. By Application Market Share Analysis

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Impact of COVID-19 on Global Corn Oil Market

11.1. Impact Assessment Model

11.1.1. Key Segments Impacted

11.1.2. Key Regions Impacted

11.1.3. Key Countries Impacted

12. Market Trends & Developments

13. Porter’s Five Forces Model

13.1. Competitive Rivalry

13.2. Bargaining Power of Buyers

13.3. Bargaining Power of Suppliers

13.4. Threat of New Entrants

13.5. Threat of Substitutes

14. SWOT Analysis

14.1. Strengths

14.2. Weaknesses

14.3. Opportunities

14.4. Threats

15. Competitive Landscape

15.1. Company Profiles

15.1.1. Ingredion Incorporated

15.1.1.1. Company Details

15.1.1.2. Products

15.1.1.3. Financials (As Per Availability)

15.1.1.4. Key Market Focus & Geographical Presence

15.1.1.5. Recent Developments

15.1.1.6. Key Management Personnel

15.1.2. Richardson International

15.1.2.1. Company Details

15.1.2.2. Products

15.1.2.3. Financials (As Per Availability)

15.1.2.4. Key Market Focus & Geographical Presence

15.1.2.5. Recent Developments

15.1.2.6. Key Management Personnel

15.1.3. Roquette Frères.

15.1.3.1. Company Details

15.1.3.2. Products

15.1.3.3. Financials (As Per Availability)

15.1.3.4. Key Market Focus & Geographical Presence

15.1.3.5. Recent Developments

15.1.3.6. Key Management Personnel

15.1.4. Abu Dhabi Vegetable Oil Company LLC.

15.1.4.1. Company Details

15.1.4.2. Products

15.1.4.3. Financials (As Per Availability)

15.1.4.4. Key Market Focus & Geographical Presence

15.1.4.5. Recent Developments

15.1.4.6. Key Management Personnel

15.1.5. Archer-Daniels-Midland Company

15.1.5.1. Company Details

15.1.5.2. Products

15.1.5.3. Financials (As Per Availability)

15.1.5.4. Key Market Focus & Geographical Presence

15.1.5.5. Recent Developments

15.1.5.6. Key Management Personnel

15.1.6. Associated British Foods

15.1.6.1. Company Details

15.1.6.2. Products

15.1.6.3. Financials (As Per Availability)

15.1.6.4. Key Market Focus & Geographical Presence

15.1.6.5. Recent Developments

15.1.6.6. Key Management Personnel

15.1.7. Bluecraft Agro

15.1.7.1. Company Details

15.1.7.2. Products

15.1.7.3. Financials (As Per Availability)

15.1.7.4. Key Market Focus & Geographical Presence

15.1.7.5. Recent Developments

15.1.7.6. Key Management Personnel

15.1.8. Cargill Inc

15.1.8.1. Company Details

15.1.8.2. Products

15.1.8.3. Financials (As Per Availability)

15.1.8.4. Key Market Focus & Geographical Presence

15.1.8.5. Recent Developments

15.1.8.6. Key Management Personnel

15.1.9. Grain Processing Corporation

15.1.9.1. Company Details

15.1.9.2. Products

15.1.9.3. Financials (As Per Availability)

15.1.9.4. Key Market Focus & Geographical Presence

15.1.9.5. Recent Developments

15.1.9.6. Key Management Personnel

15.1.10. Greenfield Specialty Alcohols

15.1.10.1. Company Details

15.1.10.2. Products

15.1.10.3. Financials (As Per Availability)

15.1.10.4. Key Market Focus & Geographical Presence

15.1.10.5. Recent Developments

15.1.10.6. Key Management Personnel

16. Strategic Recommendations/Action Plan

16.1. Key Focus Areas

16.2. Target Type

16.3. Target Application

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the global corn oil market in 2022?

The market size of the global corn oil market is estimated to be USD5.65 billion in 2022.

What are the factors that drive the growth of the global corn oil market?

The growth of the global corn oil market is primarily driven by increasing consumer awareness of health-conscious dietary choices and the expanding food processing industry's demand for a versatile cooking oil with a neutral flavor profile.

What are the trends in the global corn oil market?

Trends in the global corn oil market include a growing demand for healthier cooking oils, with corn oil benefiting from its low saturated fat content.

What are the major challenges in the global corn oil market?

The major challenges in the global corn oil market include price volatility due to fluctuating corn crop yields and competition from alternative vegetable oils, as well as concerns about the environmental impact of corn cultivation and oil production.

Related Reports

Parvati Sharma

Account Manager BD

Talk To Analyst

Press Release

Global Corn Oil Market to Grow with a CAGR of 7.5% through 2028

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.

Buy Now