Corn Oil Market Share, Size, Top Companies, Industry Analysis, Growth Factors and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled "𝐂𝐨𝐫𝐧 𝐎𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", The study provides a detailed analysis of the industry, including the global corn oil market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the corn oil market?

The global corn oil market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.85% during 2023-2028.

What is corn oil?

Corn oil is vegetable oil with low saturated fats extracted from the germ of corn kernels. Commonly available in edible and non-edible forms, it is manufactured using polyunsaturated fatty acids, is pale yellow in color, and has a semi-neutral taste. Corn oil contains vitamin E, y-tocopherol, phytosterols, and linoleic acid. It is widely used in the food industry for preparing fried snacks, margarine, salads, and other baked items. It exhibits strong anti-inflammatory and antioxidant properties that aid in improving vision, reducing oxidative stress, and lowering cholesterol levels. As a result, it also finds extensive application in manufacturing soaps, textiles, paints, pharmaceuticals, and pesticides.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨 𝐠𝐞𝐭 𝐚𝐧 𝐢𝐝𝐞𝐚 𝐨𝐟 𝐨𝐮𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/corn-oil-market/requestsample

What are the growth prospects and trends in the corn oil industry?

One of the key factors driving the market growth is the increasing demand for healthy and organic oils, such as corn oil, among health-conscious consumers. This is further supported by inflating disposable incomes and the rising awareness about its various health benefits, such as lowering the risk of cardiovascular diseases (CVDs) and controlling high blood pressure and diabetes. Moreover, the extensive utilization of edible corn oil in retail and food service and processing industries is favoring the market growth. Apart from this, the implementation of various government initiatives promoting the utilization of cleaner fuels to minimize carbon footprints due to the rising environmental concerns and diminishing oil and natural gas resources are providing an impetus to the market growth. Additionally, corn oil contains linoleic and oleic acids, which, in turn, has intensified their widespread adoption in the cosmetic and personal care industry to maintain hair and skin health, thus acting as a growth-inducing factor.

Who are the key players operating in the industry?

The report covers the major market players including:

• Archer Daniels Midland Company
• ACH Food Companies
• Cargill
• Abu Dhabi Vegetable Oil Company
• Elburg Global
• ConAgra
• Savola Group, etc.

What is included in market segmentation?

The report has segmented the market into the following categories:

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

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=1328&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same 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:

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This release was published on openPR.