The
global corn oil market has been prophesied to be boosted by the
upswing demand for the product as a reliable and efficient
alternative to biodiesel which can be used to ensure a cutback in
carbon footprint. In a report authored by Transparency Market
Research (TMR), titled “Corn Oil Market - Global Industry Analysis,
Size, Share, Trends, and Forecast 2016 - 2024,” the market growth
has been expected to be supported by the unchallenging availability
of raw material sold at a cheaper price since corn is grown widely
across the globe. The analysts have also unveiled key segments of the
market in respect of end user, type, distribution channel, and
geography.
The
world corn
oil market could
invite a propelling demand on account of the need to treat
cardiovascular diseases and hypertension in people with high blood
pressure. Moreover, corn oil is studied to be an essential element to
support immune function as it provides omega-6 and other essential
fatty acids. Geographical regions such as California in the U.S. have
been predicted to find an extensive application of corn oil due to
their government standards of low carbon fuel usage. According to
distribution channel, grocery stores could produce a decent level of
demand in the market because of the soaring penetration of health
food in smaller grocery outlets. However, hypermarkets and
supermarkets have been anticipated to clutch a significant market
share.
Germany
followed by the U.K. could rake in a handsome growth on the back of a
rising consumption rate to become one of the major markets for corn
oil in Europe. Consequently, Europe has been prognosticated to be
crowned as a leading region in the international corn oil market,
also due to the rising consumer preference shifting toward healthy
food products. On the basis of consumption, the U.S. could drive the
North America market for a favorable growth. Owing to the surging
demand for corn oil in the food sector, Asia Pacific has been
envisaged to expand swiftly to become a faster growing region in the
market.
For
more information on this report, fill the form @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14345
YONCA
GIDA SAN. A.S., GreenField Specialty Alcohols Inc., Associated
British Food plc, FEC Solutions, ConAgra Foods Inc., and Archer
Daniels Midland Company are the crucial players that could be leading
the global corn oil market. Along with their strategies and key
product offerings, each of the players has been expansively evaluated
in the report to gauge the competitive landscape of the market.
Buyers of this publication can become familiar with the current as
well as future trends and projections of the market vital for
ensuring a tangible growth in the industry.
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