Tuesday, December 10, 2019

Infinium Global Research has added a new report on Global Corn Oil Market. The report covers the analysis of global as well as regional markets of corn oil. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. 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.
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Corn Oil Market: Insight
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.
Corn Oil Market: Drivers and Opportunity
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.
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Corn Oil Market: Regional Insight
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.
Corn Oil Market: Segmentation
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.
Corn Oil Market: Competitive Landscape
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.
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