Press release
Corn Oil Market 2024 - By Size, Share, Trends, Demand, Global Challenges, Competitive Growth And Outlook By 2033
Corn Oil Market
As per the report, the corn oil market size has grown strongly in recent years. It will grow from $5.33 billion in 2023 to $5.73 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The corn oil market size is expected to see strong growth in the next few years. It will grow to $7.64 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.
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What Is Driving The Growth Of The Global Corn Oil Market?
Increasing Demand For Chemical-Free Food Drives Growth In The Corn Oil Market
The increasing need for chemical-free food products is expected to propel the growth of the corn oil market going forward. Chemical-free food products are those that are produced without the use of synthetic pesticides, herbicides, or other artificial chemicals. Health-conscious consumer preferences, environmental concerns, and regulatory shifts towards sustainable agriculture drive the increasing need for chemical-free food products. Corn oil is widely used in chemical-free food products due to its natural extraction process, providing a healthy alternative for cooking and baking.
What Is The Key Trend In The Global Corn Oil Market?
Innovative Advancements In Distillers' Corn Oil (DCO) Refining Technologies
Major companies operating in the corn oil market are increasing their focus on developing advanced technologies to upgrade distillers' corn oil (DCO) into a higher-value, lower-impurity product to gain a competitive edge in the market. Distillation technology in corn oil refining uses heat to separate different components based on their boiling points, purifying the oil by removing impurities and enhancing its quality for various culinary and industrial applications.
How Is The Global Corn Oil Market Segmented?
The corn oil market covered in this report is segmented -
1) By Type: Edible, Non-Edible
2) By Grade: Refined Corn Oil, Virgin Corn Oil
3) By Application: Food And Beverages, Pharmaceuticals, Cosmetics And Personal Care, Animal Feed, Industrial, Biodiesel
4) By Distribution Channel: Super markets And Hyper markets, Convenience Stores, Departmental Stores, Other Distribution Channels
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How Is The Competitive Landscape Of The Global Corn Oil Market?
Major companies operating in the corn oil market are Cargill Incorporated, Archer Daniels Midland Company, Wilmar International Ltd., Bunge Limited, Associated British Foods, ConAgra Brands Inc, Ingredion Incorporated, Savola Group, IFFCO, Roquette Frères, Richardson International, ACH Food Companies Inc., Lam Soon Edible Oils Sdn. Bhd., Greenfield Global, Grain Processing Corporation, Taj Agro International, Abu Dhabi Vegetable Oil Company LLC, Henry Lamotte Oils GmbH, Saporito Foods Inc., Cairo Oil And Soap, Bluecraft Agro, Elburg Global
Contents Of The Global Corn Oil Market
1. Executive Summary
2. Corn Oil Market Report Structure
3. Corn Oil Market Trends And Strategies
4. Corn Oil Market - Macro Economic Scenario
5. Corn Oil Market Size And Growth
…..
27. Corn Oil Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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