Corn Oil Market Trends, Size, Share, Growth and Forecast 2024
Axiom Market
Research & Consulting™ added a” Corn Oil Market
Report- Global Market Share, Trend Analysis and Forecast up to 2024 By Type,
Application and Geography. Corn is the most
successful food, feed, and industrial cereal and corn flour, corn oil, corn
flakes, corn syrup, pop corn, rice corn, and soap are some of the popular corn
products used globally. Corn oil, pale yellow colored oil procured from kernel
of corn was commercially produced in 1889.
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The global corn oil market was
valued at around USD 200 million in 2017 and is expected to expand at a CAGR
between 4.0% to 5% from 2019 to 2024. The key factor driving growth of global
corn oil market is the rising demand for corn oil as a biodiesel alternative
for reducing carbon footprint.
Global Corn Oil Market Based on following types:
·
Edible oil
·
Non-edible oil
Global Corn Oil Market Based on following Application:
·
Biodiesel
·
Cooking oil
·
Soap making
·
Paints
·
Textiles etc
Among
various applications, cooking oil accounted for major share in the global corn
oil market in 2017 and this segment is further expected to remain dominant in the
near future expanding at a CAGR of 4.4% from 2019 to 2024.
Global Corn Oil Market Based
on geography:
·
North America
§
U.S
§
Canada
§
Mexico
·
Europe
§
Germany
§
France
§
UK
§
Italy, etc.
·
Asia Pacific
·
Latin America
·
Middle East & Africa
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Global Corn Oil Market Based
on Key Players:
ADVOC
having strong hold on the global market.
FEC Solutions, Associated British
Food plc, GreenField Specialty Alcohols Inc., YONCA GIDA SAN., Archer Daniels
Midland Company and ConAgra Foods Inc., among others.
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Axiom Market Research & Consulting™ (also known
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driven by a simple aim of providing key market intelligence to companies to
assist them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
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Tel: +1(845)875-9786, +44(0) 20 23869707
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