Press release
Key Trend Reshaping the Corn Oil Market in 2025: Innovative Advancements In Distillers' Corn Oil (DCO) Refining Technologies
Corn Oil
The increasing need for chemical-free food products is projected to propel the growth of the corn oil market. With consumers becoming more health-conscious and seeking sustainable, natural food options, the demand for chemical-free food products is growing. Corn oil, extracted naturally, is commonly used in these products as a healthy alternative for cooking. In 2022, organic food sales in the U.S. reached $61.7 billion, a 4.3% increase from the previous year, reflecting the growing demand for natural, chemical-free foods.
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What growth opportunities are expected to drive the corn oil market's CAGR through 2034?
The corn oil market has grown significantly in recent years. It will increase from $5.73 billion in 2024 to $6.16 billion in 2025, at a CAGR of 7.7%. This growth is attributed to the rising demand for biofuels, growth in the food processing industry, growing health awareness, increased disposable income, and expanding urbanization.
The corn oil market is expected to grow significantly, reaching $8.19 billion by 2029 at a CAGR of 7.4%. The growth is driven by increased demand for organic products, its use in biodiesel production, growth in the pharmaceutical industry, demand for healthy cooking oils, and rising awareness about the benefits of corn oil. Key trends include the shift toward non-GMO and organic corn oil, growing biodiesel production, innovations in oil refining, and increasing use in the cosmetics industry.
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What are the emerging trends shaping the future of the corn oil market?
Companies in the corn oil market are advancing technologies to upgrade distillers' corn oil (DCO) into a higher-value, lower-impurity product to improve competitiveness. Distillation technology refines corn oil by removing impurities using heat. In June 2022, Trucent Inc., a US-based fluid separation company, introduced CORE technology, which enhances corn oil extraction with advanced centrifuges and user-friendly modules, enabling ethanol producers to sell higher-quality DCO for use in renewable diesel refineries.
Which growth-oriented segments of the corn oil market are leading the industry's development?
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: Supermarkets And Hypermarkets, Convenience Stores, Departmental Stores, Other Distribution Channels
Subsegments:
1) By Edible: Refined Corn Oil, Unrefined Corn Oil, Blended Corn Oil, Organic Corn Oil, Flavored Corn Oil
2) By Non-Edible: Industrial Corn Oil, Biofuel (Biodiesel), Lubricants And Greases, Pharmaceuticals And Cosmetics
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What regions are leading the charge in the corn oil market?
North America was the largest region in the corn oil market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the corn oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the 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
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What Is Covered In The Corn Oil Global Market Report?
•Market Size Forecast: Examine the corn oil market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the corn oil market for a structured understanding.
•Key Players Overview: Analyze major players in the corn oil market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the corn oil market.
•Segment Contributions: Evaluate how different segments drive overall growth in the corn oil market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the corn oil market.
•Industry Challenges: Identify potential risks and obstacles affecting the corn oil market.
•Competitive Landscape: Review strategic developments in the corn oil market, including expansions, agreements, and new product launches.
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