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Corn Oil Market By Applications (Biodiesel, Cooking Oil, Soap Making, Paints, Textiles) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2023

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Market Insights

Corn oil is well known as a healthy edible oil and is widely used as cooking oil worldwide. Corn oil has various therapeutic properties, which make it vulnerable to its use in multiple applications. It also provides various health benefits, such as lowering cholesterol, improving heart health, lowering blood pressure, and acting as an emollient for the skin, among others. These factors have led to a high demand for corn oil in the market. Corn oil is widely used as biodiesel feedstock and is expected to experience high demand from the market, especially in Europe. Stringent environmental regulations have led to increased demand for biofuels in the region.

Hence, corn oil is expected to experience high demand from the European market soon. Cooking oil accounted for the second-largest application segment of corn oil and is anticipated to fuel its growth shortly. Growing demand for corn oil as cooking oil due to its health benefits has led to high demand from the market. Asia Pacific accounted for the second largest market for corn oil due to the growing demand for corn oil as cooking oil in most of the countries in the region. Hence, high demand is reported for corn oil from Asia Pacific shortly. Other applications of corn oil, such as soap making, paints, textiles, pharmaceutical preparations, and others, are projected to boost the high demand for corn oil shortly.

Purpose of the Report

The purpose of this strategic research study titled “Global Corn Oil Market: Growth, Share, Opportunities, and Competitive Analysis, 2015–2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global corn oil market.

Target Audience

  • Industry Investors
  • Corn oil providers and vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers and Buyers
  • Product Suppliers and Buyers
  • Research Institutes

The report titled “Global Corn Oil Market: Growth, Share, Opportunities, and Competitive Analysis, 2015–2023” offers strategic insights into the global corn oil market along with the market size and estimates for the duration of 2015–2023. The research study covers an in-depth analysis of multiple market segments based on end-user applications and a cross-sectional study across different geographies. To help strategic decision-makers, the report also includes competitive profiling of the leading corn oil vendors, their expansion strategies, market positioning, and the latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within the corn oil industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2014)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global corn oil market in terms of growth, offering market size and estimates for the period from 2015 to 2023, keeping in mind the factors mentioned above.

Based on its application, the corn oil market is categorized into the following segments:

  • Biodiesel
  • Cooking Oil
  • Soap Making
  • Paint
  • Textiles
  • Pharmaceutical Preparations
  • Others (inks, insecticides, etc.)

Corn oil has many beneficial properties, making it vulnerable to its use for a wide range of applications in the market. Corn oil is a healthy edible oil and is, therefore, widely used for cooking. The therapeutic properties of corn oil are the primary factor boosting demand for corn oil as cooking oil. Apart from medicinal properties, corn oil’s chemical and physical properties have led to high demand from various end-user industries. Based on applications, the global corn oil market is segmented into biodiesel, cooking oil, soap making, paint, textiles, pharmaceutical preparations, and others. Among these, biodiesel accounted for a significant share of the global corn oil market in 2015 and is anticipated to rise shortly.

Corn oil is known to meet the feedstock market’s demand. Corn oil is expected to displace other edible oils for biodiesel production. Hence, high demand is anticipated for corn oil from biodiesel manufacturers in the market worldwide. Cooking oil accounted for the second largest market for corn oil in terms of order and is expected to increase shortly. Corn oil is a healthy edible oil with many health benefits, such as lowering cholesterol, improving heart health, lowering high blood pressure, and being suitable for skin and hair. These properties have led to a high demand for corn as cooking oil in the market. Soap making accounted for the third largest market for cooking oil and is anticipated to boost the increased demand for corn oil in the market. Corn oil is known to have beneficial properties for skin and hair. Therefore, due to these beneficial properties of corn oil, it is widely used in the manufacture of soap. Corn oil is also used in other applications such as paints, textiles, and pharmaceutical preparations, among others, and high demand is expected from these industries shortly.

On the basis of geography, the global corn oil market is segmented into the following categories:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

North America accounted for a larger share of the global corn oil market in 2015 and is expected to increase shortly. North America produces about half of the total harvest. In Canada, around 32,300 farms reported the planting of 1.63 million hectares of corn. In addition, corn is the third most valuable crop in Canada, thus driving the market for corn oil in North America. Therefore, high demand for corn oil for a wide range of applications in the region is expected. Asia Pacific followed North America in terms of demand and is expected to rise during the forecast period from 2016 to 2023. The growing consumption of corn oil as an edible oil in major countries of Asia Pacific has led to high demand for corn oil in the region.

Due to the beneficial properties of corn oil, many countries cultivate corn, another factor boosting the growth of the global corn oil market in the area. Corn oil is widely used as a healthy edible oil for cooking, baking, and frying. It is also known to be cheaper than other edible oils available on the market. These factors have promoted the demand for corn oil in the region, thereby leading to the growth of the global corn oil market. Europe accounted for the third largest market for corn in 2015. Growing demand for corn oil as a biodiesel feedstock has led to high demand for corn oil in the region. Hence, Europe is anticipated to boost the increased demand for corn oil. Other areas, such as Latin America, the Middle East, and Africa, are also expected to contribute to the growth of the global corn oil market during the forecast period from 2016 to 2023.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Empirical Phase
1.4.2 Phase II – Analytical Phase
1.4.3 Phase III – Dissemination Phase
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Corn Oil Market
2.2 Global Corn Oil Market, By Applications
2.3 Global Corn Oil Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Corn Oil Market Volume and Revenue, 2015 – 2022, (Kilo Tons) (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
3.4 Future Outlook of the Market
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors

Chapter 4 Global Corn Oil Market Analysis, By Applications
4.1 Overview
4.1.1 Biodiesel
4.1.1.1 Global Corn Oil Market for Biodiesel, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.1.2 Cooking Oil
4.1.2.1 Global Corn Oil Market for Cooking Oil, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.1.3 Soap Making
4.1.3.1 Global Corn Oil Market for Soap Making, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.1.4 Paints
4.1.4.1 Global Corn Oil Market for Paints, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.1.5 Textiles
4.1.5.1 Global Corn Oil Market for Textiles, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.1.6 Pharmaceutical Preparations
4.1.6.1 Global Corn Oil Market for Pharmaceutical Preparations, 2015 – 2022, (Kilo Tons)(US$ Mn)
4.1.7 Others ( Ink, Insecticides, etc.)
4.1.7.1 Global Corn Oil Market for Other Applicationss, 2015 – 2022, (Kilo Tons) (US$ Mn)

Chapter 5 SRC View
5.1 Segmentation View (Product/ Applications)
5.1.2 Global Corn Oil Market, by Applications, 2015 – 2022, (Kilo Tons) (US$ Bn)

Chapter 6 RC View
6.1 North America Corn Oil Market Analysis
6.1.1 Overview
6.1.2 North America Corn Oil Market Volume, by Applications, 2015 – 2022, (Kilo Tons)
6.1.3 North America Corn Oil Market Revenue, by Applications, 2015 – 2022, (US$ Mn)
6.1.2.1 U.S. Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.1.2.2 U.S. Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.1.2.3 Canada Corn Oil Market Volume, By Applications 2015 – 2022, (Kilo Tons)
6.1.2.4 Canada Corn Oil Market Revenue, By Applications 2015 – 2022, (US$ Mn)
6.2 Europe Corn Oil Market Analysis
6.2.1 Overview
6.2.2 Europe Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.3 Europe Corn Oil Market Revenue, By Applications 2015 – 2022, (US$ Mn)
6.2.2.1 France Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.2.2 France Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.2.2.3 Germany Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.2.4 Germany Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.2.3.5 UK Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.3.6 UK Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.2.3.5 Spain Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.3.6 Spain Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.2.3.7 Italy Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.3.8 Italy Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.2.3.9 Rest of Europe Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.2.4.0 Rest of Europe Corn Oil Market Revenue, By Applications 2015 – 2022, (US$ Mn)
6.3 Asia Pacific Corn Oil Market Analysis
6.3 Overview
6.3.1 Asia Pacific Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.3.2 Asia Pacific Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.3.1.1 China Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.3.1.2 China Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.3.1.3 India Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.3.1.4 India Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.3.1.5 Japan Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.3.1.6 Japan Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.3.1.7 Rest of Asia Pacific Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.3.1.8 Rest of Asia Pacific Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.4 Latin America Corn Oil Market Analysis
6.4.1 Overview
6.4.2 Latin America Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.4.3 Latin America Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.4.1.1 Mexico Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.4.1.2 Mexico Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.4.1.3 Brazil Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.4.1.4 Brazil Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.4.1.5 Rest of Latin America Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.4.1.6 Rest of Latin America Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.5 Middle East & Africa (MEA) Corn Oil Market Analysis
6.5.1 Overview
6.5.2 Middle East & Africa Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.5.3 Middle East & Africa Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.5.1.1 UAE Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.5.1.2 UAE Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.5.1.3 Israel Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.5.1.4 Israel Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)
6.5.1.5 Rest of MEA Corn Oil Market Volume, By Applications, 2015 – 2022, (Kilo Tons)
6.5.1.6 Rest of MEA Corn Oil Market Revenue, By Applications, 2015 – 2022, (US$ Mn)

Chapter 7 Company Profiles
7.1 ADVOC
7.2 ACH
7.3 ADM
7.4 Conagra Foods
7.5 Cairo Oil And Soap
7.6 Cargill Incorporated
7.7 Changsheng Group
7.8 COFCO Group
7.9 Elburg Global
7.10 Savola Group
7.11 Federated Group
7.12 FELDA
7.13 Nutriasia
7.14 Henry Lamotte
7.15 Taj Agro International
7.16 Lam Soon
7.17 N.K. Proteins
7.18 J.M. Smucker
7.19 Triangulo Alimentos
7.20 SAPORITO FOODS

List Of Table

TABLE 1 Market Snapshot: Global Corn Oil Market 22
TABLE 2 Impact Indicators 35
TABLE 3 Impact Analysis of Drivers and Restraints 35
TABLE 6 North America Corn Oil Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 57
TABLE 7 Europe Corn Oil Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 62
TABLE 8 Asia Pacific Corn Oil Market By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 68
TABLE 9 Latin America Corn Oil Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 74
TABLE 10 Middle East & Africa Corn Oil Market, By Applications, 2013 – 2022 (Kilo Tons) (US$ Mn) 74
TABLE 11 ADVOC : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 76
TABLE 12 ACH : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 78
TABLE 13 ADM.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 80
TABLE 14 Conagra Foods : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 82
TABLE 15 Cairo Oil And Soap. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 84
TABLE 16 Cargill Incorporated : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 86
TABLE 17 Changsheng Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 88
TABLE 18 COFCO Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 90
TABLE 19 Elburg Global : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 92
TABLE 20 Savola Group : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 21 Federated Group : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 22 FELDA : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 23 Federated Group : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 24 Nutriasia : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 25 Henry Lamotte : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 26 Taj Agro International : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 27 Lam Soon : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 28 N.K. Proteins : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 29 J.M. Smucker : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 30 Triangulo Alimentos : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94
TABLE 31 SAPORITO FOODS : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94

List Of Figure

FIG. 1 Global Corn Oil: Market Segmentation 19
FIG. 2 Global Corn Oil Market: Research Methodology 20
FIG. 3 Global Corn Oil Market, By Applications, 2014 (US$ Mn) 24
FIG. 4 Global Corn Oil Market, By Geography, 2014 (US$ Mn) 25
FIG. 5 Global Corn Oil Market Revenue and Growth, 2013 – 2022, (Kilo Tons) (US$ Mn) 26
FIG. 6 Attractive Investment Proposition 36
FIG. 7 Adoption/Penetration Rate of Corn Oil Across Different Applications Verticals, 2014 37
FIG. 8 Market Positioning of Key Corn Oil Vendors , 2014 38
FIG. 9 Global Corn Oil Market Revenue, By Applications, 2014 & 2022 (Kilo Tons) (US$ Mn) 45
FIG. 10 Global Corn Oil Market for Biodiesel, 2013 – 2022, (Kilo Tons) (US$ Mn) 46
FIG. 11 Global Corn Oil Market for Cooking Oil, 2013 – 2022, (Kilo Tons) (US$ Mn) 47
FIG. 12 Global Corn Oil Market for Soap Making, 2013 – 2022, (Kilo Tons) (US$ Mn) 48
FIG. 13 Global Corn Oil Market for Paints, 2013 – 2022, (Kilo Tons) (US$ Mn) 49
FIG. 14 Global Corn Oil Market for Textiles, 2013 – 2022, (Kilo Tons) (US$ Mn) 51
FIG. 15 Global Corn Oil Market for Pharmaceutical Preparations, 2013 – 2022, (Kilo Tons) (US$ Mn) 51
FIG. 16 Global Corn Oil Market for Other Applications, 2013 – 2022, (Kilo Tons) (US$ Mn) 52
FIG. 17 North America Corn Oil Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 54
FIG. 18 Comparative Analysis of North America Corn Oil Market Revenue, By Country, 2013 – 2022, (US$ Mn) 58
FIG. 19 Europe Corn Oil Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 59
FIG. 20 Comparative Analysis of Europe Corn Oil Market Revenue, By Region, 2013 – 2022, (US$ Mn) 63
FIG. 21 Asia Pacific Corn Oil Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 64
FIG. 22 Asia Pacific Corn Oil Market Revenue, 2013 – 2022, (US$ Mn) 65
FIG. 23 Comparative Analysis of Asia Pacific Corn Oil Market Revenue, By Region, 2013 – 2022, (US$ Mn) 69
FIG. 24 Latin America Corn Oil Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 71
FIG. 25 Comparative Analysis of Latin America Corn Oil Market Revenue, By Country, 2013 – 2022, (US$ Mn) 75
FIG. 24 Middle East & Africa Corn Oil Market, 2013 – 2022, (Kilo Tons) (US$ Mn) 76
FIG. 25 Comparative Analysis of Middle East & Africa Corn Oil Market Revenue, By Country, 2013 – 2022, (US$ Mn) 78

Frequently Asked Questions:

What is the size of Corn Oil Market?

The market for Corn Oil Market is expected to reach US$ 100 million in 2023.

What is the Corn Oil Market CAGR?

The Corn Oil Market is expected to see significant CAGR growth over the coming years, at 50%

What is the Forecast period considered for Corn Oil Market?

The report is forecasted from 2016-2023.

What is the base year considered for Corn Oil Market?

The base year of this report is 2015.

Who are the major players in this market?

Northrop Grumman Corporation,General Atomics Aeronautical Systems, Inc.,Israel Aerospace Industries Ltd.,Boeing Company,Lockheed Martin Corporation are some of the major players in the global market.

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