Home > Food & Beverages > Food Additives > Flavor Enhancers > Corn Oil Market

Corn Oil Market Trends

Report ID: GMI7841
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Corn Oil Market Trends

Current trends in the corn oil market reflect a growing emphasis on health consciousness and sustainability. With an increasing preference for healthier dietary choices, corn oil is witnessing a surge in demand due to its perceived health benefits, including its low saturated fat content and high polyunsaturated fats. Moreover, the market is experiencing a shift towards sustainability, with consumers and producers alike showing interest in environmentally friendly practices.

Technological advancements in oil extraction processes and the incorporation of innovative packaging solutions are also influencing the market. As consumer awareness continues to rise, there is a notable trend towards transparency in labeling and a focus on non-GMO and organic corn oil products. These trends collectively shape the evolving landscape of the corn oil market, emphasizing both health and sustainability in response to changing consumer preferences.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of corn oil reached USD 5.88 billion in 2023 and is set to cross USD 10.33 billion by 2032, as it is centered around the production and distribution of vegetable oil extracted from corn germ.

Edible oil segment was valued at USD 3.37 billion in 2023, driven by the distinction between edible and non-edible types.

U.S. market revenue was USD 1.52 billion in 2023, attributed to the country's robust agricultural infrastructure, advanced production technologies, and a burgeoning demand for corn oil across diverse applications.

Archer-Daniels-Midland (ADM), Cargill, Bunge, Louis Dreyfus Company (LDC), COFCO Corporation, NutriAsia, Sunora Foods, ADVOC, ACH. J.M. Smucker, Cairo Oil and Soap, Ingredion Incorporated, Richardson International, Roquette Frères, Greenfield Specialty Alcohols, and Abu Dhabi Vegetable Oil Company LLC (AVOC).