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Corn Oil Market Trends, Growth, Opportunity and Forecast 2022-2027

on June 17 at 10:47 AM

According to IMARC Group’s latest report, titled “Corn Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” the global corn oil market size reached US$ 5.25 Billion in 2021. Looking forward, IMARC Group expects the market value to reach US$ 8.28 Billion by 2027, exhibiting a CAGR of 7.97% during the forecast period (2022-2027).

 

Corn oil refers to a type of vegetable oil that is extracted from corn germ. It contains polyunsaturated fatty acids, phytosterols, and a low amount of saturated fats. It is a healthy alternative to other edible oil counterparts available in the market. Due to this and its high smoke point, corn oil is widely used for cooking purposes. Besides this, corn oil also finds extensive applications in the production of biofuel and various other industrial products such as soaps, paints, textiles, pharmaceuticals, poultry, and pesticides.

 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

 

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/corn-oil-market/requestsample

 

Global Corn Oil Market Trends:

 

The market is primarily driven by the rising health consciousness among the masses. Nowadays, individuals are using corn oil for grilling, deep-frying, baking, and other cooking purposes as it contains polyunsaturated fatty acids, which help promote heart health. In addition, due to the rising environmental concerns and the growing reliance on cleaner fuels to reduce carbon footprint, there has been an escalating demand for biofuels, which is positively influencing the market growth. Besides this, corn oil is utilized in the cosmetic industry as it contains linoleic and oleic acids that help maintain hair and skin health. This, coupled with the rising product adoption as a disintegrant and binder for drug molecules in pharmaceutical preparations, is creating a favorable market outlook across the globe. Moreover, the growing industrial applications of corn oil in manufacturing soaps, paints, pesticides, and textiles are also propelling the market growth. 

 

Global Corn Oil Market 2022-2027 Competitive Analysis and Segmentation:

 

Competitive Landscape With Key Players:

 

  • Archer Daniels Midland Company (ADM)
  • ACH Food Companies
  • Cargill
  • Abu Dhabi Vegetable Oil Company (ADVOC)
  • Elburg Global
  • ConAgra 
  • Savola Group

 

Key Market Segmentation:

 

The report has segmented the global corn oil market on the basis of  type, application, distribution channel and region.

 

Breakup by Product Type:

 

  • Edible
  • Non-Edible

 

Breakup by Application:

 

  • Food
  • Biofuel
  • Industrial
  • Others 

 

Breakup by Distribution Channel:

 

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Departmental Stores
  • Others

 

Regional Insights:

 

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

 

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/corn-oil-market

 

Key Highlights of the Report:

 

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 

About Us

 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

 

Contact US:

 

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

 

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