PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258128

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258128

Global Corn Oil Market Size study & Forecast, by Type (Edible, Non-edible) by Application (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Industrial, Others) and Regional Analysis, 2022-2029

PUBLISHED: April 10, 2023

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DELIVERY TIME: 2-3 business days

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Global Corn Oil Market is valued at approximately USD 5.34 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.95% over the forecast period 2022-2029. Corn oil or maize oil is a vegetable oil that is made from corn germs. It is typically used as cooking oil due to its anti-inflammatory qualities, high smoke point, and unsaturated fatty acids. The product is one of the essential basic materials used to make ethanol. Additionally, it is gaining high traction across various sectors, such as animal feed, cosmetics, and pharmaceuticals. The surge in demand for non-GMO and fortified products, rising usage of corn oil across various industries, coupled with the change in consumer preferences towards healthier lifestyles are the primary factors that are propelling the market demand across the globe.

The rising number of government initiative in order to reduce carbon footprint is bolstering the consumption of corn oil as biodiesel, which, in turn, excels the market growth worldwide. For instance, in 2020, China aimed to adopt a 10% biofuel use as per the "Implementation Plan Regarding the Expansion of Ethanol Production and Promotion for Transportation Fuel" programme, the National Energy Administration (NEA), National Development and Reform Commission (NDRC), and other ministries proposed this implementation. Additionally, China is increasingly producing biodiesel every year. The National Energy Administration (NEA) estimates that biodiesel output increased by more than 54% from 2020 to 2021, reaching 1.7 billion litres. Furthermore, The U.S. Department of Agriculture estimates that Brazil's ethanol production is likely to reach 31.35 billion litres in 2022. According to the International Energy Agency (IEA), Brazil and the United States produce approximately 84% of the world's biodiesel. Hence, these aforementioned factors are likely to augment the market expansion at a considerable growth rate. Moreover, rising innovations in optimal corn oil extraction, as well as the surge in consumer awareness regarding the advantages of corn oil are presenting various lucrative opportunities over the forecasting years. However, the availability of substitute oils and fluctuations in the product price are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Corn Oil Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the surging demand for green fuels, along with the rising increasing applications of the product in feedstocks and food industries. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the government policies to reduce carbon footprint in Asian countries, as well as increasing initiatives to encourage biofuel consumption and increase biofuel production in the market space.

Major market players included in this report are:

Abu Dhabi Vegetable Oil Company LLC.
Archer-Daniels-Midland Company
Associated British Foods
Bluecraft Agro
Cargill Inc.
Grain Processing Corporation
Greenfield Specialty Alcohols
Ingredion Incorporated
Richardson International
Roquette Freres

Recent Developments in the Market:

In August 2022, I.C.M. Inc signed a contract with Impacto Energia S/A and its sister company, Impacto Bioenergia, a Brazil-based energy company. According to the contract, both companies agreed to construct a new dry-mill ethanol production facility in the Brazilian states of Bahia and with an anticipated start date of Q1 2025. With I.C.M.'s exclusive Base Tricanter System, Selective Milling Technology, and Fiber Separation Technology, the new factory is set up to grind 1,700 metric tonnes of maize per day. Nine thousand metric tonnes of corn oil could be recovered at the biorefinery.

Global Corn Oil Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Edible
Non-edible

By Application:

Food & Beverage
Pharmaceuticals
Cosmetics & Personal Care
Industrial
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Corn Oil Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Corn Oil Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Corn Oil Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Corn Oil Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Corn Oil Market Dynamics

3.1. Corn Oil Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Surge in demand for non-GMO and fortified products
  - 3.1.1.2. Rising number of government initiative to reduce carbon footprint
- 3.1.2. Market Challenges
  - 3.1.2.1. Availability of substitute oils
  - 3.1.2.2. Fluctuations in the product price
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising innovations in optimal corn oil extraction
  - 3.1.3.2. Surge in consumer awareness regarding the advantages of corn oil

Chapter 4. Global Corn Oil Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Corn Oil Market, by Type

6.1. Market Snapshot
6.2. Global Corn Oil Market by Type, Performance - Potential Analysis
6.3. Global Corn Oil Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Corn Oil Market, Sub Segment Analysis
- 6.4.1. Edible
- 6.4.2. Non-edible

Chapter 7. Global Corn Oil Market, by Application

7.1. Market Snapshot
7.2. Global Corn Oil Market by Application, Performance - Potential Analysis
7.3. Global Corn Oil Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Corn Oil Market, Sub Segment Analysis
- 7.4.1. Food & Beverage
- 7.4.2. Pharmaceuticals
- 7.4.3. Cosmetics & Personal Care
- 7.4.4. Industrial
- 7.4.5. Others

Chapter 8. Global Corn Oil Market, Regional Analysis

8.1. Corn Oil Market, Regional Market Snapshot
8.2. North America Corn Oil Market
- 8.2.1. U.S. Corn Oil Market
  - 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Corn Oil Market
8.3. Europe Corn Oil Market Snapshot
- 8.3.1. U.K. Corn Oil Market
- 8.3.2. Germany Corn Oil Market
- 8.3.3. France Corn Oil Market
- 8.3.4. Spain Corn Oil Market
- 8.3.5. Italy Corn Oil Market
- 8.3.6. Rest of Europe Corn Oil Market
8.4. Asia-Pacific Corn Oil Market Snapshot
- 8.4.1. China Corn Oil Market
- 8.4.2. India Corn Oil Market
- 8.4.3. Japan Corn Oil Market
- 8.4.4. Australia Corn Oil Market
- 8.4.5. South Korea Corn Oil Market
- 8.4.6. Rest of Asia Pacific Corn Oil Market
8.5. Latin America Corn Oil Market Snapshot
- 8.5.1. Brazil Corn Oil Market
- 8.5.2. Mexico Corn Oil Market
- 8.5.3. Rest of Latin America Corn Oil Market
8.6. Rest of The World Corn Oil Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Abu Dhabi Vegetable Oil Company LLC
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Archer-Daniels-Midland Company
- 9.2.3. Associated British Foods
- 9.2.4. Bluecraft Agro
- 9.2.5. Cargill Inc.
- 9.2.6. Grain Processing Corporation
- 9.2.7. Greenfield Specialty Alcohols
- 9.2.8. Ingredion Incorporated
- 9.2.9. Richardson International
- 9.2.10. Roquette Freres

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Corn Oil Market, report scope
TABLE 2. Global Corn Oil Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Corn Oil Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Corn Oil Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Corn Oil Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Corn Oil Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Corn Oil Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Corn Oil Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Corn Oil Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Corn Oil Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Corn Oil Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Corn Oil Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Corn Oil Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Corn Oil Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Corn Oil Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Corn Oil Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Corn Oil Market
TABLE 70. List of primary sources, used in the study of global Corn Oil Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Corn Oil Market, research methodology
FIG 2. Global Corn Oil Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Corn Oil Market, key trends 2021
FIG 5. Global Corn Oil Market, growth prospects 2022-2029
FIG 6. Global Corn Oil Market, porters 5 force model
FIG 7. Global Corn Oil Market, pest analysis
FIG 8. Global Corn Oil Market, value chain analysis
FIG 9. Global Corn Oil Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Corn Oil Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Corn Oil Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Corn Oil Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Corn Oil Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Corn Oil Market, regional snapshot 2019 & 2029
FIG 15. North America Corn Oil Market 2019 & 2029 (USD Billion)
FIG 16. Europe Corn Oil Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Corn Oil Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Corn Oil Market 2019 & 2029 (USD Billion)
FIG 19. Global Corn Oil Market, company Market share analysis (2021)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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