Press release
Corn Oil Market : Growth, Demand, Supply, SWOT, Consumption, ROI to 2024
Corn oil is used in edible as well as non-edible applications. Globally, Bangladesh is one of the major consumers as well as importers of edible oil. With the growing demand for edible oil in the domestic market, there is a surge in investment opportunities as far as the production of edible corn oil is concerned. The rising focus of the authorities on decreasing the country’s dependence on imports by increasing local production will prove to be immensely beneficial for the corn oil market in Bangladesh.
This 62 page report gives readers a comprehensive overview of the Corn Oil Market. Browse through to unlock the hidden opportunities in this market @
http://www.transparencymarketresearch.com/bangladesh-corn-oil-market.html
In terms of value, the Bangladesh corn oil market is expected to expand at a CAGR of 1.8% during the forecast period. The market was valued at US$167,073 in 2015 and is expected to reach US$202,072 by 2026.
Non-edible Corn Oil Enjoys Preference over Edible Variants
On the basis of type, the corn oil market is bifurcated into edible and non-edible. In terms of revenue, non-edible corn oil is expected to account for the leading share throughout the course of the forecast period. The segment is estimated to account for a 71.4% share in the Bangladesh corn oil market by the end of 2016. This is attributed to the increasing usage of corn oil for the production of biodiesel. The segment is expected to expand at a CAGR of 1.7% during the forecast period.
The edible oil segment is expected to show substantial growth in the near future. The segment is expected to expand at a CAGR of 2.1% during the forecast period, driven primarily by the changing dietary habits and improving living standards of the consumers. Moreover, growing consumer awareness regarding the high nutritive value of corn oil is expected to boost the growth of this segment over the duration of the forecast period.
Food Service Restaurants Restricting Usage of Corn Oil owing to Higher Prices
By end use, livestock accounted for the leading share of 34.7% in 2015 and is expected to expand at a modest CAGR of 2.0% during the forecast period. The segment is expected to retain its dominance through 2026. The revenue generated by the industrial segment is expected to report a 2.5% CAGR between 2015 and 2026 – the highest growth rate among other end-use segments. This is attributed to the growing application of corn oil in the manufacturing of biodiesel. The demand for corn oil in the industrial sector is also owing to the increased usage of corn oil in various applications such as rustproofing metal surfaces and in inks, textiles, and paints.
The segment of food service restaurants is expected to exhibit a comparatively slower growth rate over the forecast period and also accounts for a small share in the overall corn oil market. Prices of edible corn oil are comparatively higher than other edible oils in the country, which is projected to restrict the growth of this segment over the forecast period.
Get accurate market forecast and analysis on the Corn Oil Market. Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16097
The retail segment, on the other hand, is expected to reflect sustainable growth in the near future. Growing consumer preference for healthy cooking and edible oils in order to lower the risk of heart diseases is expected to support this segment. Promotional campaigns by existing oil manufacturers have had a significant impact on consumers in the country and has created a sense of awareness among them regarding the consumption and benefits of heart-healthy products. Corn oil offers a number of advantages in this regard – lower cholesterol levels and controlled blood pressure levels.
Key players in the Bangladesh corn oil market include Adani Wilmar Ltd, Associated British Foods plc, American Vegetable Oils, Inc., and Olympic Oils Ltd.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Corn Oil Market : Growth, Demand, Supply, SWOT, Consumption, ROI to 2024 here
News-ID: 671321 • Views: …
More Releases from Transparency Market Research- Food and Beverage
Fractionated Shea Butter in Cosmetics and Personal Care Market Expected to Incre …
Transparency Market Research (TMR) offers elaborated insights into the global fractionated shea butter in cosmetics and personal care market, in its upcoming market outlook titled, 'Fractionated Shea Butter in Cosmetics and Personal Care Market: Global Industry Analysis and Forecast 2018-2026'. The global fractionated shea butter in cosmetics and personal care market is projected to register a compound annual growth rate of around 4.5% in terms of market value during the…
Frozen Seafood Market: Leading Players to Shift Focus towards Strategic Partners …
The competition between the major sellers of seafood all over the world, like High Liner Foods, Grupo Pescanova, Beijing Princess Seafood International Trading, The Union Frozen Products, Nomad Foods Europe, Leroy Seafood, Marine Harvest ASA, Iglo Group, Clearwater Seafood, and AquaChile, portrays competitive landscape which is dominant in the global market for frozen seafood, reports Transparency Market Research (TMR). These major sellers are currently challenging each other based on the…
Food Hydrocolloids Market: Increasing Uptake of Ready-to-eat Meals Makes Signifi …
The global food hydrocolloids market is extremely competitive in nature with a large number of international and regional players operating in it across the globe, states a new market research study by Transparency Market Research. The increasing number of mergers and acquisitions and strategic collaborations and the entry of new players are some of the major factors that estimated to strengthen the competitive environment of the global market throughout the…
Nutraceuticals Market Rides High on Rising Inclination for Natural Ingredients
With a handful of companies commanding more than half market share, the global nutraceuticals market features a largely consolidated vendor landscape. Key players, namely BASF SE, Royal DSM N.V., Groupe Danone S.A., and Nestle S.A. held more than 52.1% of the overall market in 2014. These companies hold large shares as they offer an array of products including functional food, functional beverages, and nutritional supplements. Strategic collaborations and mergers and…
More Releases for Corn
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028.
Glance our 200 slides market research and competitive intelligence research report,…
Roferro Corn FLakes
We've recently launched the site roferro.com; Roferro Crunchy Cornflakes is a healthy balanced breakfast with lot of nutrition benefits.
Roferro Crunchy Cornflakes is a healthy balanced breakfast with lot of nutrition benefits. Corn Flakes are one of the most popular breakfast giving healthy lifestyle. Roferro crunchy cornflakes can also be your evening snack while you watch a TV show with your family.
Once Chew Died Sebalang
Crispy cornflakes that you have never…
Global Corn Oil Market (Regular Corn Oil And Organic Corn Oil) For Household, Fo …
Corn oil healthy edible oil extracted from the germ of corn (maize). The germ is the small germinating part of the seed, which grows into a new maize plant. Corn germs are extremely nutritional. There are different methods of extracting oil from the seed germs. The best oil in terms of health benefits is the oil processed as cold pressed oil. The oil when extracted is dense and needs to…
Organic Corn Market
Organic Corn Market Report for Period 2017 till 2022 - AAA, BBB, CCC, DDD, EEE and Others
Global Organic Corn market report provides detailed analysis of companies namely AAA, BBB, CCC,DDD, EEE and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Corn-Based Ethanol Market 2017: Ethanol Drives the Demand for Corn
This report studies Corn-Based Ethanol in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
ADM
POET
Valero
…
Corn Wet-milling Market Driven by Consumption of Dent Corn for High Fructose Cor …
Corn wet-milling is a process of refining corns to manufacture end products used by millions of people worldwide. The shelled corns are processed by two types dry mills or wet mills. Under corn wet-milling process corns are separated into four components namely starch, fiber, germ, and gluten. The production process of corn wet-milling includes cleaning, steeping, milling & germ separation, fine grinding & screening and separating starch & gluten. The…
