Global Maize Oil Market Sees Demand Owing to its Range of Applications

A report by Transparency Market Research, titled, “Maize Oil Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016–2023,” finds that maize which is both a food and feed crop, is also used for making cooking oil known as corn oil or maize. Corn oil also finds usage as bio-fuel. And the by-product finds application as animal feed and fertilizer. With so many benefits, the global maize oil market is set to rise substantially in the near term.

Get Brochure For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10937

The global maize oil market is predicted to see an upswing in the near future because of the numerous USPs of the product. Foremost among those is its ability to lessen a bad form of cholesterol known as LDL cholesterol. Maize oil is even more effective than olive oil in controlling it. This is because it contains greater amount of phytosterols, which is a type of compound typically found in plant cells membranes that block cholesterol absorption in the digestive system. With rising knowledge about the health benefits, sales are expected to soar in the global maize oil market.

When it comes to cooking, refined corn oil has a high smoke point which makes it perfect for frying. Corn oil is also a main ingredient in some margarines and is sued for salad dressing. It usually costs less than other types of vegetable oils. All these are having a positive influence on the global maize oil market.

Non-food grade corn oil finds application in the production of biodiesel. It also has other industrial uses. For instance, it is used as an ingredient in soaps, paints, salve, ink, insecticides, and textiles. It also functions sometimes as a drug molecule carrier in pharmaceutical products. It is used for skin and hair care too. Such widespread applications is predicted to support growth in the global maize oil market.

Despite so many uses and benefits, there are nonetheless a few deterrents hobbling growth in the global maize oil market. Those include their side effects on health such as weight gain, greater cancer risk, and toxicity. Some side effects are of course depends on the kind of corn oil one uses and the manner in which it is extracted.

From a geographical standpoint, North America at present accounts for a leading share in the global maize oil market. This is because of the high subsidy offered to corns which makes them cheaper. This has led to increased production of maize oil in the market.

Some of the key players in the global maize oil market that have been profiled in the report are Neshiel Chemical Pvt. Ltd., RPMG, Inc., and Cargill Inc. The report studies their sales and revenues, extraction methods, market shares, and prospects going forward.