Corn oil (maize oil) is oil extracted from the germ of corn (maize). Its main use is in cooking, where its high smoke point makes refined corn oil a valuable frying oil. It is also a key ingredient in some margarines. Usually, corn oil is produced as a co-product of corn starch. Consequently, corn oil is generally less expensive than most other types of vegetable oils.
Regionally, the production areas of corn oil are mostly corn production areas. The global major corn production zones: USA, China, Brazil, and EU, are also the major production areas of corn oil. USA is the biggest production base of corn and corn oil, followed by China and EU. Large amount of corn oil is produced as co-product of corn starch and ethanol. Also, large amount of corn oil is exported from USA to the Middle East, where is one of the major corn oil consumption regions. Leading players in USA is ACH, the brand of which Mazola, also takes a leading share in Middle East market.
The major raw material of corn oil is corn germ, which is extracted from corn grain. The price of coin oil fluctuates with the market demand instead of corn germ price. As the capacity of corn oil grows rapidly in recent years, the price of corn oil has also been trending down generally, except a little lift in 2015. It is estimated that the price of corn oil would still going down slightly in the coming years.
The global Corn Oil market is valued at 6820 million US$ in 2018 and will reach 6960 million US$ by the end of 2025, growing at a CAGR of 0.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Corn Oil market based on company, product type, end user and key regions.
This report studies the global market size of Corn Oil in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Corn Oil in these regions.
This research report categorizes the global Corn Oil market by top players/brands, region, type and end user. This report also studies the global Corn Oil market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Cairo Oil and Soap
Taj Agro International
Shandong Sanxing Group
Market size by Product
Market size by End User
Salad or Cooking Oils
Baking or Frying Fats
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Corn Oil market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Corn Oil market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Corn Oil companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Corn Oil submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Corn Oil are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Corn Oil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.