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Maize Oil Market Size to Grow by USD 1.88 Bn at a CAGR of 7.67%|Edible segment is expected to witness lucrative growth | Technavio

NEW YORK, June 8, 2022 /PRNewswire/ --The Maize Oil Market size is expected to grow by USD 1.88 billion with YOY growth of 7.32% during the forecast period. The application of maize oil in cosmetics and personal care products is notably driving the maize oil market growthThe report offers an up-to-date analysis of the current market scenario and information from several leading manufacturers.

Technavio has announced its latest market research report titled Maize Oil Market by Type and Geography - Forecast and Analysis 2022-2026

For more insights on YOY and CAGR, Request Latest Sample Report.

This market research report extensively covers Maize Oil Market by the following:

  • Type - Edible and Non-edible
    • The edible segment's maize oil market share will expand significantly. Because of the increased usage of maize oil for cooking, the category is expected to grow at a high rate.
  • Geography - North America, Europe, APAC, Middle East and Africa, and South America
    • North America will account for 34% of the market's growth. Maize oil's main markets in North America are the United States and Canada. The market in this region will increase at a quicker rate than the market in Europe. Consumers in nations such as the United States, Mexico, and Canada choose maize oil for cooking because of its high vitamin E and polyunsaturated fat content. Over the forecast period, this will help the maize oil market in North America grow.

Get more insights into this market's growth with a detailed analysis of the top regions, View our Sample Report!

Maize Oil Market Dynamics

Market Driver

The use of maize oil in cosmetics and personal care products is one of the primary drivers driving the worldwide maize oil industry's growth. Maize oil is abundant in nutrients and is known for its skin and hair benefits, as it may effectively nourish, moisturise, and strengthen hair. Maize oil has the capacity to mend damaged cell membranes because it contains more than 80% unsaturated fatty acids, such as linoleic acid (Omega 6) and oleic acid (Omega 9). The light texture and high linoleic acid content of the oil make it great for keeping the skin hydrated and smooth.

Market Trend

One of the significant maize oil market trends that is likely to favourably impact the industry in the forecast period is increased use in biofuel production. The generation of biodiesel from maize oil is aided by rising global energy demand and the depletion of non-renewable fossil fuels. Biodiesel, which is made from vegetable oils like maize oil, is a green fuel. Maize oil is quickly becoming one of the most popular biodiesel feedstocks. The manufacture of biodiesel from maize oil is expected to be driven by the continually increasing need for sustainable energy.

Market Challenge

The availability of substitute edible oils is one of the major obstacles to the worldwide maize oil industry's expansion. Sunflower oil and peanut oil are commonly consumed in APAC nations such as India and China due to their health benefits. Olive oil is commonly used in cooking in South American countries. In 2021, soybean oil was the most widely eaten edible oil in the United States. During the projected period, the rising adoption of alternatives is likely to pose a threat to the worldwide maize oil market's growth.

Our reports cover all the major factor that drives a market along with the challenges. To get a detailed understanding of the market trend, Download Sample Report Now!

Maize Oil Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.67%

Market growth 2022-2026

$ 1.88 billion

Market structure

Fragmented

YoY growth (%)

7.32

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key consumer countries

US, Canada, China, Japan, France, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Abu Dhabi Vegetable Oil Co., ACH Food Companies Inc., Archer Daniels Midland Co., Ashwin Vanaspati Industries Pvt. Ltd., Associated British Foods plc, Bunge Ltd., Cargill Inc., Elburg Global, Grainotch Industries Ltd., Greenfield Global Inc., Gulab Oils, Gustav Heess Oleochemical Products GmbH, MDECA, MWC Oil, NutriAsia Inc., Saporito Foods Inc., SBH Group, Shree Uday Oil and Foods Industries, The Savola Group, and United Wisconsin Grain Producers LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Maize Oil Market Segmentation

  • Type
    • Edible
    • Non-edible
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Download Sample Report: to know additional highlights and key points on various market segments and their impact in coming years. 

Maize Oil Market Vendor

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Abu Dhabi Vegetable Oil Co.
  • ACH Food Companies Inc.
  • Archer Daniels Midland Co.
  • Ashwin Vanaspati Industries Pvt. Ltd.
  • Associated British Foods plc
  • Bunge Ltd.
  • Cargill Inc.
  • Elburg Global
  • Grainotch Industries Ltd.
  • Greenfield Global Inc.
  • Gulab Oils
  • Gustav Heess Oleochemical Products GmbH
  • MDECA
  • MWC Oil
  • NutriAsia Inc.
  • Saporito Foods Inc.
  • SBH Group
  • Shree Uday Oil and Foods Industries
  • The Savola Group
  • United Wisconsin Grain Producers LLC

Find out the top market vendors, their competition and how they excel in the Maize Oil Market in our latest Sample Report. Download our Detailed Sample Report. 

Product Insights and News

  • Advocuae.com - The company offers maize oil that contains polyunsaturated fatty acids and low saturated fat levels as it also is known for lowering cholesterol. 
  • Adm.com - The company offers maize oil that is ideal for salad dressings, snack food frying, nutritional beverages and bottling, and brings specific functional benefits.
  • Abf.co.uk - The company offers maize oil that is rich in linoleic acids and other Polyunsaturated fatty acids as with many food and nutrients, the body needs everything in moderation.

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!

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Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Edible - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Edible - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Edible - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Edible - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Edible - Year-over-year growth 2021-2026 (%)
  • 5.4 Non-edible - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Non-edible - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Non-edible - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Non-edible - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Non-edible - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Canada - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 France - Market size and forecast 2021-2026
    • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.13 Brazil - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Brazil - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Abu Dhabi Vegetable Oil Co.
    • Exhibit 93: Abu Dhabi Vegetable Oil Co. - Overview
    • Exhibit 94: Abu Dhabi Vegetable Oil Co. - Product / Service
    • Exhibit 95: Abu Dhabi Vegetable Oil Co. - Key offerings
  • 10.4 Archer Daniels Midland Co.
    • Exhibit 96: Archer Daniels Midland Co. - Overview
    • Exhibit 97: Archer Daniels Midland Co. - Business segments
    • Exhibit 98: Archer Daniels Midland Co. - Key offerings
    • Exhibit 99: Archer Daniels Midland Co. - Segment focus
  • 10.5 Associated British Foods plc
    • Exhibit 100: Associated British Foods plc - Overview
    • Exhibit 101: Associated British Foods plc - Business segments
    • Exhibit 102: Associated British Foods plc - Key offerings
    • Exhibit 103: Associated British Foods plc - Segment focus
  • 10.6 Cargill Inc.
    • Exhibit 104: Cargill Inc. - Overview
    • Exhibit 105: Cargill Inc. - Product / Service
    • Exhibit 106: Cargill Inc. - Key news
    • Exhibit 107: Cargill Inc. - Key offerings
  • 10.7 Elburg Global
    • Exhibit 108: Elburg Global - Overview
    • Exhibit 109: Elburg Global - Product / Service
    • Exhibit 110: Elburg Global - Key offerings
  • 10.8 Grainotch Industries Ltd.
    • Exhibit 111: Grainotch Industries Ltd. - Overview
    • Exhibit 112: Grainotch Industries Ltd. - Product / Service
    • Exhibit 113: Grainotch Industries Ltd. - Key offerings
  • 10.9 Greenfield Global Inc.
    • Exhibit 114: Greenfield Global Inc. - Overview
    • Exhibit 115: Greenfield Global Inc. - Product / Service
    • Exhibit 116: Greenfield Global Inc. - Key news
    • Exhibit 117: Greenfield Global Inc. - Key offerings
  • 10.10 MDECA
    • Exhibit 118: MDECA - Overview
    • Exhibit 119: MDECA - Product / Service
    • Exhibit 120: MDECA - Key offerings
  • 10.11 NutriAsia Inc.
    • Exhibit 121: NutriAsia Inc. - Overview
    • Exhibit 122: NutriAsia Inc. - Product / Service
    • Exhibit 123: NutriAsia Inc. - Key offerings
  • 10.12 United Wisconsin Grain Producers LLC
    • Exhibit 124: United Wisconsin Grain Producers LLC - Overview
    • Exhibit 125: United Wisconsin Grain Producers LLC - Product / Service
    • Exhibit 126: United Wisconsin Grain Producers LLC - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 127: Inclusions checklist
    • Exhibit 128: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 129: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 130: Research methodology
    • Exhibit 131: Validation techniques employed for market sizing
    • Exhibit 132: Information sources
  • 11.5 List of abbreviations
    • Exhibit 133: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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