Press release
Maize Oil Market Forecast to Reach USD 11.58 Billion by 2030
Maize Oil Market
The global maize oil market is on a robust growth trajectory, with projections indicating an increase from USD 7.50 billion in 2023 to nearly USD 11.58 billion by 2030, representing a compound annual growth rate (CAGR) of 6.4% during the forecast period.
๐๐๐๐ฅ๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
The rising prevalence of cardiovascular diseases has led consumers to seek healthier dietary options. Maize oil, known for its low saturated fat and high unsaturated fat content, particularly linoleic acid, is increasingly favored as a heart-healthy cooking oil. This shift towards health-conscious eating habits is a significant driver of market growth.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ก๐๐ง๐๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Advancements in oil extraction and processing technologies have improved the efficiency and quality of maize oil production. Modern extraction methods, such as mechanical pressing, have replaced traditional solvent extraction, resulting in cleaner and higher-quality oil. These innovations are contributing to the market's expansion.
๐๐๐ญ ๐ข๐ง๐ฌ๐ญ๐๐ง๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/187337/ ๏ปฟ
๐๐๐ข๐๐ฅ๐ ๐๐ข๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
Within the product type segmentation, the edible oil segment dominates the market due to its extensive applications in the food and beverage industry. Maize oil's neutral flavor and high smoke point make it a preferred choice for frying, baking, and salad dressings. Its health benefits, including being a rich source of unsaturated fats and vitamin E, further boost its popularity among consumers.
๐๐๐ข๐ณ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐:
Vietnam's maize oil market is experiencing growth due to increasing consumer awareness of healthy cooking oils and a shift towards healthier dietary preferences. The expanding food processing industry in the country also contributes to the rising demand for maize oil.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐ :
In Thailand, the maize oil market is growing, driven by the food industry's demand for versatile cooking oils. The country's robust food processing and hospitality sectors are significant consumers of maize oil, supporting market expansion.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐:
Japan's health-conscious population is increasingly adopting maize oil due to its perceived health benefits. The oil's high content of unsaturated fats aligns with the Japanese preference for healthy cooking ingredients, influencing market trends positively.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐:
South Korea's maize oil market is characterized by consolidation, with key players focusing on mergers and acquisitions to strengthen their market position. This strategy aims to enhance production capabilities and expand product offerings to meet the growing consumer demand for healthier cooking oils.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐:
Singapore's maize oil market is updating its product range to cater to the health-conscious consumer base. Manufacturers are introducing fortified maize oil variants enriched with vitamins and antioxidants to appeal to the wellness-oriented market segment.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐:
In the United States, maize oil ranks among the top three oils in terms of volume produced, with most refined corn oil consumed as food. The country's advanced agricultural practices and high maize production contribute to the availability and popularity of maize oil.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐:
China is witnessing a rise in corn oil consumption, attributed to increased corn production over the past 15 years. High-yielding corn hybrids have been developed in China with up to 8% oil content to cater to the demand in this sector of the industry.
๐ด๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐:
Europe's maize oil market is influenced by stringent environmental regulations that have led to high demand for biofuels in the region, using maize oil as feedstock. The region's focus on sustainable and renewable energy sources drives the market dynamics for maize oil.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ข๐ณ๐ ๐๐ข๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
๐ป๐๐๐๐๐๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐:Advancements in oil extraction and processing technologies have led to higher efficiency and improved quality in maize oil production. Modern extraction methods, such as mechanical pressing, have replaced traditional solvent extraction, resulting in cleaner and higher-quality oil.
๐ท๐๐๐ ๐๐๐ ๐ณ๐๐๐๐๐๐๐: Manufacturers are introducing fortified maize oil variants enriched with vitamins and antioxidants to cater to the health-conscious consumer base. These product innovations aim to appeal to the wellness-oriented market segment.
๐๐จ ๐๐ข๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/request-sample/187337/
๐๐๐ข๐ณ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ ๐ท๐๐๐ ๐๐๐ ๐ป๐๐๐
Edible
Non-Edible
Edible oil is a popular cooking oil that is used for frying, baking, salad dressings, and other culinary purposes in homes, restaurants, and food processing industries. Its popularity is also attributed to growing awareness of the health benefits of maize oil, such as its high content of unsaturated fats, vitamin E, and phytosterols; additionally, its affordability and versatility in comparison to other cooking oils have further increased its demand, making it a leading choice in the edible oil market. Based on product type, the edible oil segment is leading the market due to its wide range of applications in the food and beverage industry.
๐๐ ๐จ๐๐๐๐๐๐๐๐๐๐
Food & Beverage
Pharmaceuticals
Cosmetics & Personal Care
Animal Feed
Industrial
Biodiesel
The food and beverage segment is the largest market share of the maize oil market based on application, and according to MMR analysis, it is expected to grow at a compound annual growth rate (CAGR) of 6.3% during the forecast period. The food and beverage segment is a leading driver of growth in the maize oil market, driven by its many uses and health benefits. Maize oil is widely used in the food industry because of its neutral flavour, high smoke point, and nutritional profile. In the beverage sector, it is used to make snacks, baked goods, and frying applications. It is also used as a cooking oil in homes and restaurants.
๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐
Direct Sale
B2C Sale
๐ ๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ซ๐๐๐๐ซ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/187337/
๐๐๐๐๐ข๐ง๐ ๐๐๐ข๐ณ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
1. Archer Daniels Midland (ADM) - United States
2. Cargill - United States
3. Bunge Limited - United States
4. Wilmar International - Singapore
5. Louis Dreyfus Company - Netherlands
6. Marico Limited - India
7. Sime Darby Plantation - Malaysia
8. IFFCO - United Arab Emirates
9. ACH Food Companies - United States
10. ConAgra Brands - United States
11. Mazola - United States
12. Borges Mediterranean Group - Spain
13. EFKO Group - Russia
14. GrainCorp - Australia
15. Avena Foods - Canada
16. Grain Millers, Inc. - United States
17. Lam Soon Group - Singapore
18. Ventura Foods - United States
19. Stratas Foods - United States
20. Shree Rani Sati Group - India
21. BRF - Brazil
22. Buderim Group Limited - Australia
23. Crown Premium - United Arab Emirates
24. Bunge Loders Croklaan - Netherlands
25. Gavilon - United States
26. Bluecraft Agro
๐ ๐จ๐ซ ๐๐๐๐ฉ๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐๐ซ๐ฎ๐ฌ๐ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
Global IoT Operating System Market https://www.maximizemarketresearch.com/market-report/iot-operating-systems-market/1575/
Global B2B Telecommunication Market https://www.maximizemarketresearch.com/market-report/global-b2b-telecommunication-market/63857/
Global Fiber Optics Market https://www.maximizemarketresearch.com/market-report/global-fiber-optics-market/31729/
Global Blockchain Market https://www.maximizemarketresearch.com/market-report/blockchain-market/638/
Public Cloud Service Market https://www.maximizemarketresearch.com/market-report/global-public-cloud-service-market/54942/
Global Digital Vault Market https://www.maximizemarketresearch.com/market-report/global-digital-vault-market/27049/
Loyalty Management Market https://www.maximizemarketresearch.com/market-report/global-loyalty-management-market/6878/
Travel Retail Market https://www.maximizemarketresearch.com/market-report/global-travel-retail-market/30072/
Internet of Things (IoT) Oil & Gas Market https://www.maximizemarketresearch.com/market-report/global-internet-things-iot-oil-gas-market/10486/
Logistics Automation Market https://www.maximizemarketresearch.com/market-report/global-logistics-automation-market/7182/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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