- Press Release -

Corn Oil Market to Reach US$ 3.5 Bn by 2022, Fact.MR Report

30 Nov -0001

  • The global corn oil market is set to reach roughly US$ 3.5 Bn by 2022 on moderate growth.
  • Europe is the dominant region, with Asia Pacific excluding Japan second.
  • Processed corn oil leads by product, at more than three-fourths of revenue.
  • Retail is the leading end use and grows fastest.
  • Modern trade is the most lucrative channel, passing US$ 1 Bn by 2022.
  • Specialty stores post the highest channel growth, becoming the second-largest by 2022.
  • Rising biodiesel demand and stricter carbon rules are principal growth drivers.
  • Wide use in cooking, textiles, pharmaceuticals and paints supports demand.

Rockville, Md. The global corn oil market is set to reach roughly US$ 3.5 Bn by 2022 on moderate growth, according to Fact.MR, helped by its growing role as a biodiesel feedstock and in producing hydrogenated oil. Stricter rules aimed at lowering carbon footprints are lifting biofuel demand, which in turn supports corn oil, while cooking remains its largest everyday use.

Processed oil dominates the product mix, retail is the leading end use, and modern trade carries the largest share of sales. Europe is the dominant region.

Products, End Use and Channels

Processed corn oil is the preferred product, holding more than three-fourths of revenue through the period. By end use, retail dominates and grows fastest. On distribution, modern trade is the most lucrative channel and exceeds US$ 1 Bn by 2022, while specialty stores post the highest growth rate and become the second-largest channel by the close of the forecast.

Europe stays dominant and grows steadily, Asia Pacific excluding Japan ranks second, and Japan and North America grow more slowly.

Biofuel and Quality Drive Demand

The market runs on two threads: energy and food quality. Beyond biodiesel, corn oil serves cooking, textiles, pharmaceuticals, soap and paints, and processors are increasingly blending it with olive and rice bran oil to balance polyunsaturated and monounsaturated fats and improve taste stability. Rising interest in healthier food supply is drawing further research and development into the category.

Suppliers and Their Playbook

The field brings together large edible oil producers.

  • Bunge Limited, Archer Daniels Midland Company, The Adani Wilmar Ltd., Cargill Inc., Grief Inc. (Olympic Oils Limited), Associated British Foods plc, Ruchi Soya Industries Limited, Borges International Group S.L.U., and Marico Limited are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours refined processed oil, biodiesel supply and stronger specialty reach. Investors get a market with steady demand across food and fuel. Procurement teams can plan around modern trade leading distribution, processed oil carrying volume, and Europe offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global corn oil market for the 2017 to 2022 forecast period, with segmentation by product type, end use, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the corn oil market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Corn Oil Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.