Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market

The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028.

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Health Benefits of Corn Oil is driving the Corn Oil Market:
Corn Oil Market report offers granular level data regarding regional market share, market size, competitive analysis and historic market. This report also aims at covering market unmet needs, trends, drivers and restraints, which are presently affecting the market growth. Recent innovations and major developments are all discussed in this market report. Corn oil is extracted from the germ of corn. This oil is also known as maize oil. It is a kind of edible oil hugely employed for cooking in either refined or unrefined form. Corn oils are cost-efficient if compared with other oils. This oil is very nutritious and used as feedstock for biodiesel which is fuelling the market growth. Huge demand for corn oil as cooking oil because of the health-related advantages is augmenting the market growth. On the other hand, the availability of alternative products is likely to hinder the corn oil market growth over the evaluation time span. Pacific Ethanol has acquired Illinois Corn Processing in June 2020.

The unrefined form of the oil is healthy with vast amount of phytochemicals. Due to its therapeutic properties, the corn oil is getting popularity all around the globe. This oil tastes nutty with a tinge of corn. Health related advantages this oil provides like improves the heart health, works as the emollient for skin, helps to reduce the blood pressure and lowers the cholesterol level are fuelling the customers towards corn oil. The corn oil is also employed as a substitute which assists to lessen the carbon footprint, which is underpinning the market growth.

Europe accounted for major share in the Corn Oil Market:
Europe corn oil market witnesses the biggest share if compared with other regional markets. Germany contributes largest share in the Europe corn oil market. North America serves as a favorable market for corn oils in case of consumption. In North America, the United States region fuels the corn oil market. The Asia Pacific corn oil market is anticipated to reveal a fast growth during the forthcoming years because of its increasing use as cooking oil and growing demand for this oil in the food industry.

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Competitive Analysis - Corn Oil Market
A few major players operating in the corn oil market are Archer Daniels Midland Company (U.S), ConAgra Foods Inc. (U.S), FEC Solutions (India), GreenField Specialty Alcohols Inc. (U.S) and Associated British Food plc (UK).

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