Corn Oil Market: An Overview Recent projections of the corn oil market show growth will go from USD 5.8 billion in 2024 to USD 11.2 billion by 2033 with a CAGR of 7.6%. Main uses include food, animal feed, biodiesel, and industrial applications.
By Align Strategic imperative
Market Segmentation: By Product Type Edible
Non-edible
Market S egmentation: B y Application F ood
Animal Feed
B iodies el
Indus trial
The largest segment,
Demand grows with
Government mandates
Used in paints, coatings,
accounting for 45% of
livestock industry
especially in North America
soaps, and other chemical
revenue, used in cooking
expansion worldwide.
and Europe boost usage.
applications.
and food processing.
Regional Analysis: North America Market Share
Key Drivers
North America leads with over 30% of global revenue.
High biodiesel production and demand from food industry dominate the region.
Notable Players
Production
ADM, Cargill, and Bunge shape the market with strong
USA produces approximately 1.4 million metric tons of
presence.
corn oil annually.
K ey Market P layers Archer Daniels Midland (ADM)
Cargill
R ichards on International
Greenfield S pecialty Alcohols
Annually generates $90
competitors with $165
Holds xxx billion in annual
Focus on capacity
billion in revenue.
billion revenue.
revenue worldwide.
expansion, innovation, and
Largest among
strategic partnerships.
F uture Outlook and Conclus ion
S teady Growth
S us tainability Focus
Innovation K ey
Market expected to reach $11.2
Increased emphasis on eco-friendly
Product innovation will drive
billion by 2033, growing at 7.6%
practices and green biodiesel.
competitive advantage and market
CAGR.
expansion.
Corn Oil Market Set to Reach $11.2 Billion by 2033: Key Trends, Competitive Moves & What’s Next?
Corn Oil Market: An Overview Recent projections of the corn oil market show growth will go from USD 5.8 billion in 2024 to USD 11.2 billion by 2033 wi...