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.

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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. 

Maize Oil Market Driven by Demand for Low-calorie Oil

Maize is a food and feed crop. The maize or corn oil is used for cooking purpose as well as in bio-fuel. In addition, the by-product is used as fertilizer and animal feed. Due to its diversified uses, the demand for maize oil is rising. The oil is used for salad dressing, as cooking oil and as a key ingredient in margarine. It is also used in food service industries.

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The global Maize oil market is segmented by application as household usage, agricultural usage and industrial usage. Geographically, market can be segmented into North America, Europe, Asia Pacific and Rest of the World.

The key drivers of growth in this market are greater usage of maize oil in cooking in urban areas, demand for low-calorie oil and growing health concerns among consumers in emerging countries. Agronomist has developed high-oil varieties of maize or corn which is extremely low in calorie than others and makes perfect frying oil for health conscious people. Some of the restraining factors could be Government regulations on labeling, manufacturing and selling of the oil.

The Maize oil market globally is expected to grow with a significant single digit CAGR over the period of 2013- 2019. Maize oil is easy to digest and is beneficial to health. Health conscious people prefer using maize oil over other edible oils having high amount of saturated fatty acid. With rising literacy level in emerging countries, households are undergoing tremendous changes in consumption patterns.

Some of the key players in Maize oil Market are RPMG, Inc., Neshiel Chemical Pvt. Ltd., Soyyi?it Group, Cargill Inc among others.

Maize Oil Market Driven by Demand for Low-Calorie Oil

Maize oil is oil extracted from the germ of 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. Maize is a food and feed crop. The maize or corn oil is used for cooking purpose as well as in bio-fuel. In addition, the by-product is used as fertilizer and animal feed. Due to its diversified uses, the demand for maize oil is rising. The oil is used for salad dressing, as cooking oil and as a key ingredient in margarine. It is also used in food service industries.

Maize oil is also a feedstock used for biodiesel. Other industrial uses for maize oil include soap, salve, paint, rustproofing for metal surfaces, inks, textiles, nitroglycerin, and insecticides. It is sometimes used as a carrier for drug molecules in pharmaceutical preparations.

The global Maize oil market is segmented by application as household usage, agricultural usage and industrial usage. Geographically, market can be segmented into North America, Europe, Asia Pacific and Rest of the World.

The key drivers of growth in this market are greater usage of maize oil in cooking in urban areas, demand for low-calorie oil and growing health concerns among consumers in emerging countries. Agronomist has developed high-oil varieties of maize or corn which is extremely low in calorie than others and makes perfect frying oil for health conscious people. Some of the restraining factors could be Government regulations on labeling, manufacturing and selling of the oil.

The Maize oil market globally is expected to grow with a significant single digit CAGR over the period of 2013- 2019. Maize oil is easy to digest and is beneficial to health. Health conscious people prefer using maize oil over other edible oils having high amount of saturated fatty acid. With rising literacy level in emerging countries, households are undergoing tremendous changes in consumption patterns.

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Some of the key players in Maize oil Market are RPMG, Inc., Neshiel Chemical Pvt. Ltd., Soyyi?it Group, Cargill Inc among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
• Middle East and Africa (GCC, Southern Africa, North Africa)

Maize Oil Market - Global Industry Size, Market Share, Forecast 2016 – 2023

Maize is a food and feed crop. The maize or corn oil is used for cooking purpose as well as in bio-fuel. In addition, the by-product is used as fertilizer and animal feed. Due to its diversified uses, the demand for maize oil is rising. The oil is used for salad dressing, as cooking oil and as a key ingredient in margarine. It is also used in food service industries.

The global Maize oil market is segmented by application as household usage, agricultural usage and industrial usage. Geographically, market can be segmented into North America, Europe, Asia Pacific and Rest of the World.

The key drivers of growth in this market are greater usage of maize oil in cooking in urban areas, demand for low-calorie oil and growing health concerns among consumers in emerging countries. Agronomist has developed high-oil varieties of maize or corn which is extremely low in calorie than others and makes perfect frying oil for health conscious people. Some of the restraining factors could be Government regulations on labeling, manufacturing and selling of the oil.

The Maize oil market globally is expected to grow with a significant single digit CAGR over the period of 2013- 2019. Maize oil is easy to digest and is beneficial to health. Health conscious people prefer using maize oil over other edible oils having high amount of saturated fatty acid. With rising literacy level in emerging countries, households are undergoing tremendous changes in consumption patterns.

Some of the key players in Maize oil Market are RPMG, Inc., Neshiel Chemical Pvt. Ltd., Soyyi?it Group, Cargill Inc among others.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.