Corn Oil Market : Exploring Growth Drivers and Overcoming Challenges to Reach US$ 8.9 Billion by 2028

IMARC Group, a leading market research company, has recently released a 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.

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

What is Corn Oil?

Derived from the germ of corn kernels, corn is a type of vegetable oil extracted through crushing, pressing, and refining corn seeds. It is primarily used for cooking and frying due to its mild flavour, high smoke point, and nutritional profile. Corn oil possesses several characteristics that make it a popular choice in culinary applications as it has a light texture and a relatively neutral taste, allowing it to complement a wide range of dishes without overpowering the flavours. Its high smoke point, typically around 450°F (232°C), makes it suitable for high-temperature cooking methods like deep-frying, sautéing, and stir-frying. Corn oil is also known for its long shelf life and stability due to its low levels of polyunsaturated fatty acids. At present, corn oil finds extensive applications in the food and beverage, pharmaceuticals, and textile industries.

What are the Growth Prospects and Trends in the Corn Oil Industry?

The increasing demand for healthier and high-quality cooking oils represents one of the key factors influencing the market growth of corn oil. Additionally, advancements in oil extraction and refining technologies have made corn oil production more efficient and cost-effective, further driving the demand for corn oil. The ongoing global shift towards healthier eating habits and the recognition of corn oil's nutritional value is enhancing its market growth. The expansion of the food processing industry across the globe, coupled with the rising consumption of ready-to-eat and convenience foods, is boosting market growth. Moreover, the growing recognition of corn oil in the pharmaceutical and cosmetics industry is providing an impetus to the corn oil market growth. The rising acceptance of corn oil, aided by its versatility and nutritional benefits, is a strong market driver. The heightened awareness about the health implications of certain fats and oils and the need for healthier alternatives is fostering the demand for corn oil. Other factors such as government policies promoting the use of biofuels, investment in research for food and non-food applications of corn oil, and the increasing consumer preference for plant-based oils are driving the market growth across the globe. Furthermore, the globalization of food habits and the increased accessibility to international cuisines, where corn oil is a preferred ingredient, is supporting the market growth.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=1328&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Corn Oil Market?

The report has also analysed the competitive landscape of the global corn oil market. Some of the leading players include.

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

What is Included in Market Segmentation?

The report has categorized the market based on product type, application, distribution channel and region

Breakup by Product Type:
• Edible
• Non-Edible

Market by Application:
• Food
• Biofuel
• Industrial
• Others

Based on Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Departmental Stores
• Others

Regional Insights:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.imarcgroup.com/request?type=report&id=1328&flag=C

Key Highlights of The Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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.

Related Reports by IMARC Group:

Related Reports by IMARC Group:

Corn Starch Manufacturing Plant Project Report 2023: https://www.imarcgroup.com/corn-starch-manufacturing-plant-project-report

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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.

This release was published on openPR.