A recent report published by Infinium Global Research on corn oil market provides an in-depth analysis of segments and sub-segments in the global as well as the regional corn oil market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional corn oil market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global corn oil market. According to the report, the global corn oil market is projected to grow at a CAGR of 8.9% over the forecast period of 2019-2025.
Corn oil is rich in essential fatty acids. It is a key ingredient in some margarine. In addition, it lowers bad cholesterol, enhances vision health and minimizes allergic reactions. Companies operating in the global corn oil market are focusing on mergers, acquisitions, and new product launches that expand their market share.
The growing government regulations for low carbon fuel standards drive the growth of the corn oil market. The rising corn oil consumption as a biodiesel alternative to reduce carbon footprint contributes to the growth of the corn oil market. The increasing disposable income of consumers promotes the growth of the corn oil market. Factors such as increasing environmental concerns, declining natural gas and oil resources, and surge in the use of renewable energy sources such as biofuel propels the growth of the corn oil market. The growing adoption of corn oil in industrial applications such as pesticides, textiles, paints, soaps, etc. boosts the growth of corn oil market. In addition, rising health awareness among consumers stimulates growing preference to corn oil due to its health benefits stimulates the growth of corn oil market. On the other side, side effects of corn oil such as weight gain, risk of cancer hinder the growth of the corn oil market. Moreover, the research and development will broaden the application range of corn oil that creates novel opportunities for the growth of the corn oil market.
Based on geography, the global corn oil market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Europe is expected to hold a premium share in the global corn oil market. The increasing number of health-conscious consumers in Europe drives the growth of the corn oil market in Europe. Asia-Pacific region is anticipated to grow in the global corn oil market with a significant CAGR over the forecast period. The rising demand for corn oil in the food industry in Asia-Pacific contributes to the growth of the corn oil market in the Asia-Pacific region. North America is showing growth in the global corn oil market.
The report on the global corn oil market covers segments such as product type and application. On the basis of product type, the sub-markets include edible corn oil, and non-edible corn oil. On the basis of application, the sub-markets include livestock, pharmaceutical industry, retails, food processors, and food service restaurants.
The report provides profiles of the companies in the market such as Savola Group, Conagra Brand Inc., ACH Food Companies, Inc., Cargill, Inc., Abu Dhabi Vegetable Oil Company LLC, Elburg Global B.V., Archer Daniels Midland Company, Associated British Food plc, FEC Solutions LLC, GreenField Specialty Alcohols Inc., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of corn oil market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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