This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy

Corn Oil Market

Corn Oil Market

Corn Oil Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022

Corn Oil Market
  • Mar-2022
  • List of Tables : 216
  • List of Figures : 66
  • 170 Pages
  • Food & Beverage


Corn is a popular industrial cereal, food, and feed, primarily used in the food industry as a cooking medium, and for the production of hydrogenated oil. Corn oil, procured from the kernel of corn, is pale yellow oil. The first-ever commercial corn oil production took place in 1889. In the recent past, corn oil became the fastest growing feedstock in the world for biodiesel production.

The spotlight on high-quality food products initiated research & development activities for promoting and developing a healthy food supply. Product quality has become imperative in the agricultural sector. Corn oil, with its numerous health benefits, has been gaining importance among consumers as well as manufacturers over the past few years.

Corn oil forms a crucial value-added product from the leftover embryo, or, germ, coupled with the extraction of starch from endosperm of the kernel. Corn oil extraction enhances the economic and commercial value of the discarded embryo. With its various therapeutic properties, corn oil is vulnerable to use in a number of applications. The aforementioned factors are expected to influence the expansion of the global corn oil market.

Stringent environmental regulations imposed by several regulatory authorities, such as the Environmental Protection Agency (EPA) of the U.S., for reducing the carbon footprint has driven demand for biofuels around the world. This in turn will fuel demand for corn oil in the near future. In addition, cooking oil is one of the largest applications of corn oil.

Corn oil also finds its applications in soap production, paints, pharmaceutical preparations, and textiles. Processors of corn oil are focusing more on blending corn oil with other essential oils such as rice bran oil, and olive oil, which results in recommended ideal levels of polyunsaturated and monounsaturated fatty acids. This further ensures excellent stability of flavor and taste of food. Market players are tapping the corn-producing areas in order to increase their productivity and gain higher profits.

According to a recently published study by Fact.MR, the global market for corn oil is estimated to register a moderate expansion from 2017 to 2022. Global sales of corn oil are expected to account for nearly US$ 3,500 Mn revenues by 2022-end.

Avail customized purchase options for your needs

Europe to Remain Dominant in the Global Corn Oil Market

Europe will continue to be dominant in the global market for corn oil, in terms of revenues, with sales expected to exhibit a steady expansion through 2022. APEJ will remain the second most lucrative region for growth of the corn oil market during 2017 to 2022. The corn oil markets in North America and Japan will continue to exhibit a sluggish expansion through 2022.

By product type, processed corn oil will remain sought-after among consumers across the globe. Sales of processed corn oil are estimated to account for over three-fourths share of the market, in terms of revenues. On the basis of end-users, the retail segment will remain dominant in the global market, with sales expected to expand at the highest CAGR through 2022.

Modern trade is expected to remain the largest distribution channel for corn oil. Sales of corn oil in modern trade will surpass revenues worth US$ 1,000 Mn by 2022-end. However, sales of corn oil in specialty stores will exhibit the fastest expansion, to make specialty stores the second most lucrative distribution channel for corn oil by 2022-end.

An Adaptive Approach to Modern-day Research Needs

Competition Tracking

Key players in the global corn oil market include

  • Archer Daniels Midland Company
  • Cargill Inc.
  • Associated British Foods plc
  • Borges International Group S.L.U.
  • Grief Inc. (Olympic Oils Limited)
  • The Adani Wilmar Ltd.
  • Ruchi Soya Industries Limited
  • Bunge Limited
  • Marico Limited.

Interested to Procure The Data

Market Taxonomy

Product Type
  • Processed
  • Virgin
End User
  • Food Service
  • Food Processor
  • Retail
Distribution Channel
  • Modern Trade
  • Franchise Outlets
  • Specialty Stores
  • Online

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

- FAQs -

Some of the key players in global market are Cargill Inc., Associated British Foods plc, The Adani Wilmar Ltd., Bunge Limited and many more.
The global market is segmented on the basis of product type, end user, and distribution channel.

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Palm Oil Market

Palm Oil Market is poised to reach nearly US$ 50 Bn by 2031, growing at a CAGR of nearly 5% during t...

Carrot Seed Oil Market

Carrot Seed Oil Market is expected to witness steady growth throughout 2029. The growing trend of ar...

Eucommia Seed Oil Market

Eucommia Seed Oil Market to witness steady growth by 2030. The growing use of essential oils in vari...

Massage Oil Market

The global massage oil market exhibits a steady growth trajectory with 5% CAGR during the forecast p...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.