Description
Corn Oil Market size was valued at at USD 4.2 billion in 2021, growing at a CAGR of 7.2% during the from 2022-2028. Corn oil also known as maize oil is extracted from the germ of corn. The germ is the part of the seed that is germinating. It is a type of edible oil used widely for cooking, in either refined form or unrefined form. Corn oils are cost-effective when compared with that of the other oils and are extremely nutritious. Corn oil is also used as feedstock for biodiesel, which is boosting the growth of the market. The growing demand for corn oil as cooking oil owing to its health benefits is enhancing the growth of the market. However, the availability of alternative products is likely to hamper the growth of the corn oil market over the forecast period. In June 2017, Pacific Ethanol has acquired Illinois Corn Processing. The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezuela, and Rest of Latin America), and the Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of the Middle East and Africa)