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.

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


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.

About Axiom MRC:
Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, 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.

Media Contact:
Ganesh Sai
616 Corporate Way, Suite 2-4268
Valley Cottage, NY, United States
Email: sales@axiommrc.com
Tel: +1(845)875-9786, +44(0) 20 23869707

Comments

Popular posts from this blog

Global Industrial salts Industry | Future Demand, Growth rate and Opportunities (2019-2024)

Cosmetic Preservatives Market Analysis, Segments, Growth and Value Chain 2020-2025