Maize Oil Market - Global Industry Size, Market Share, Forecast 2016 – 2023

Maize Oil Market - Global Industry Size, Market Share, Forecast 2016 – 2023

  • Submitted By: amyjames
  • Date Submitted: 05/29/2016 10:03 PM
  • Category: Business
  • Words: 814
  • Page: 4

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Maize is a food and feed crop. The maize or corn oil is used for cooking purpose as well as in bio-fuel. In addition, the by-product
is used as fertilizer and animal feed. Due to its diversified uses, the demand for maize oil is rising. The oil is used for salad
dressing, as cooking oil and as a key ingredient in margarine. It is also used in food service industries.
The global Maize oil market is segmented by application as household usage, agricultural usage and industrial usage.
Geographically, market can be segmented into North America, Europe, Asia Pacific and Rest of the World.
The key drivers of growth in this market are greater usage of maize oil in cooking in urban areas, demand for low-calorie oil and
growing health concerns among consumers in emerging countries. Agronomist has developed high-oil varieties of maize or corn
which is extremely low in calorie than others and makes perfect frying oil for health conscious people. Some of the restraining
factors could be Government regulations on labeling, manufacturing and selling of the oil.
The Maize oil market globally is expected to grow with a significant single digit CAGR over the period of 2013- 2019. Maize oil is
easy to digest and is beneficial to health. Health conscious people prefer using maize oil over other edible oils having high
amount of saturated fatty acid. With rising literacy level in emerging...

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