Corn Oil Maret:Share, Development and Trend 2016-2024

Corn Oil Maret:Share, Development and Trend 2016-2024

  • Submitted By: amyjames
  • Date Submitted: 09/12/2016 2:09 AM
  • Category: Business
  • Words: 1513
  • Page: 7

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Corn Oil Market - Global Industry
Analysis, Size, Share, Trends and
Forecast 2016 - 2024

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Corn is one of the most popular feed, food and industrial cereal. Corn flour, corn oil, popcorn, corn syrup, corn soap are some of
the most common corn products consumed worldwide. Corn oil is primarily used as a cooking medium in food industry and for
manufacturing hydrogenated oil. In 2013, corn oil was the fastest growing feedstock for biodiesel production in the world. Corn
is one of the most widely grown crop. Thus easy availability of raw material at lower price is supporting the market growth
across the globe.
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Corn Oil Market Segmentation
Corn oil market has been segmented on the basis of Edible and non-edible corn oil. Among both of these segment non edible
segment is expected to show robust growth over the forecast period. This is supported by the reason that corn oil is highly
environmental friendly product as it has lowest rating for carbon intensity as compared to other biodiesel feed stocks which is
driving the segment growth. Edible segment is expected to show substantial growth in terms of volume. Edible segment is
further sub segmented as food service restaurants, food processor, and retail (end consumers). Among all these segment retail
segment is expected to occupy the major market share. Rising cardiovascular...

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