Corn Oil Market Forecasts, Size, Share, Regional Outlook 2017 - Acute Market Rep
Posted by akshayparmar on November 21st, 2017
Corn Oil Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the corn oil market was valued at US$ 0.14 Bn in 2017, and is expected to reach US$ 0.24 Bn by 2025, expanding at a CAGR of 3.5% from 2017 to 2025.
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Corn oil is extracted from the germ of corn. The small germinating part of the seed which further grows in to the corn plant is called as germ. Germs are rich in oils and nutrients. Corn oil is known as healthy edible oil which is widely used as cooking oil. It is known as healthy oil as it is consists of polyunsaturated fats and very low saturated fat. Corn oil is used for various applications which include domestic as well as industrial applications.
Cooking oil accounted as the second largest application of corn oil and is expected to rise in the near future. Corn oil is known to be the healthiest cooking oil and hence is expected to experience high demand in the market. In terms of demand, soap making application followed cooking oil application and accounted as the third largest application segment of corn oil market. Other applications of corn oil are also projected to boost market growth for corn oil during the forecast period.
North America accounted for major share of global corn oil market in 2015 and is expected to retain its position in the near future. Corn oil is Canada’s third valuable crop and is grown on a large scale. Hence, high demand is experienced for corn oil from various end-user industries in the region. Asia Pacific accounted as the second largest market for corn oil and is expected to generate high demand for corn oil market during the forecast period. Corn oil is known to be healthy edible oil which is widely used for cooking, frying, baking, etc.
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 7 Company Profiles
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