Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Corn Oil Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Corn Oil Market Growth?
The size of the global corn oil market has seen robust growth over recent years. The market size is set to increase from $5.73 billion in 2024 to $6.12 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.8%.
What Is the Predicted Industry Size and CAGR of the Corn Oil Market in 2029?
The Corn Oil Global Market is forecasted to grow to a size of $8.06 billion by 2029, with a compound annual growth rate (CAGR) of 7.2%.
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Which Factors Are Driving Growth in the Corn Oil Market?
The key drivers in the corn oil market are:
• Rising demand for foods free from synthetic chemicals
• Growing health consciousness among consumers
• Increasing environmental concerns leading to sustainable farming practices
• Regulatory changes shifting agricultural practices towards sustainability
Which Segment Trends Are Covered in the Corn Oil Market Forecast?
The corn oilmarket covered in this report is segmented –
1) By Type: Edible, Non-Edible
2) By Grade: Refined Corn Oil, Virgin Corn Oil
3) By Application: Food And Beverages, Pharmaceuticals, Cosmetics And Personal Care, Animal Feed, Industrial, Biodiesel
4) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Departmental Stores, Other Distribution Channels
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What Are the Current Market Trends in the Corn Oil Industry?
The key trends in the corn oil market are:
• There's an emerging trend among major companies developing advanced technologies to enhance the value of distillers' corn oil.
• Distillation technology in corn oil refining is becoming increasingly prominent and representative of technological advances in the field.
• More companies are introducing innovative technologies, such as CORE, to improve corn oil extraction.
• The introduction of such technologies is enabling ethanol producers to enhance the quality of distillers' corn oil, thereby increasing revenue in the renewable fuels sector.
Who are the Key Companies in the Corn Oil Market?
Major players in the corn oil market are:
• Cargill Incorporated
• Archer Daniels Midland Company
• Wilmar International Ltd.
• Bunge Limited
• Associated British Foods
• ConAgra Brands Inc
• Ingredion Incorporated
• Savola Group
• IFFCO
• Roquette Frères
• Richardson International
• ACH Food Companies Inc.
• Lam Soon Edible Oils Sdn. Bhd.
• Greenfield Global
• Grain Processing Corporation
• Taj Agro International
• Abu Dhabi Vegetable Oil Company LLC
• Henry Lamotte Oils GmbH
• Saporito Foods Inc.
• Cairo Oil And Soap
• Bluecraft Agro
• Elburg Global
What are the Regional Trends Across the Corn Oil Market?
North America was the largest region in the corn oil market in 2024
