Worldwide Market Reports added Latest Research Report titled “Global Corn Oil Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023″ to its Large Report database.
Corn oil (maize oil) is oil extracted from the germ of corn (maize). Its main use is in cooking, where its high smoke point makes refined corn oil a valuable frying oil. It is also a key ingredient in some margarines. Usually, corn oil is produced as a co-product of corn starch. Consequently, corn oil is generally less expensive than most other types of vegetable oils.
Scope of the Report:
This report focuses on the Corn Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Regionally, the production areas of corn oil are mostly corn production areas. The global major corn production zones: USA, China, Brazil, and EU, are also the major production areas of corn oil. USA is the biggest production base of corn and corn oil, followed by China and EU. Large amount of corn oil is produced as co-product of corn starch and ethanol. Also, large amount of corn oil is exported from USA to the Middle East, where is one of the major corn oil consumption regions. Leading players in USA is ACH, the brand of which Mazola, also takes a leading share in Middle East market.
The major raw material of corn oil is corn germ, which is extracted from corn grain. The price of coin oil fluctuates with the market demand instead of corn germ price. As the capacity of corn oil grows rapidly in recent years, the price of corn oil has also been trending down generally, except a little lift in 2015. It is estimated that the price of corn oil would still going down slightly in the coming years.
The worldwide market for Corn Oil is expected to grow at a CAGR of roughly 0.9% over the next five years, will reach 7180 million US$ in 2023, from 6820 million US$ in 2017, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers
ACH,ConAgra Foods,Elburg Global,ADVOC,Savola Group,Cairo Oil and Soap,Federated Group, TRIÂNGULO ALIMENTOS, SAPORITO FOODS, J.M. Smucker, FELDA, NutriAsia,Lam Soon,N.K. Proteins,CHS,ADM,Sunora Foods,Henry Lamotte,Yonca Gid,Cargill,Taj Agro International,Xiwang Group,Shandong Sanxing Group,COFCO Group,Yingma, Changsheng Group
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Salad or Cooking Oils
Baking or Frying Fats
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