Maize Oil Market: Global Market Growth by Type, Application, Distribution Channel, Industry Vertical and Region Forecast (2023–2029)

Global Maize Oil Market expected to hit USD 9.1 Bn by 2029 from USD 5.71 Bn in 2022 at a CAGR of 6.8% during the forecast period

Maize Oil Market Overview

Maize oil is obtained from maize used for the edible purpose. It has a wide range of applications for home as well as industrial uses such as in the production of certain insecticides and in the manufacturing of biodiesel. The maize constitutes 8-14 percent of the total weight of the maize grain and includes 84 to 86 percent of the total oil content. It makes this the most popular edible oil and is expected to drive the Maize Oil Market. These multiple uses of maize oil in various end-use industries are expected to drive the Maize Oil Market. The report includes a Maize Oil Competitive Landscape through Maize Oil Key Competitor Market Size, Types of Maize Oil and SWOT Analysis of the Maize Oil Market and others to assist New Maize Oil Market entrants.Maize Oil MarketTo know about the Research Methodology :- Request Free Sample Report

Maize Oil Market Dynamics

The report includes growth drivers of the Maize Oil Market, the Scope of Maize Oil in major geographic regions and the Cost of manufacturing Maize Oil. Some of the factors that are expected to drive the Maize Oil Industry are as follows. Balances Cholesterol Levels in the Human Body and Minimizes Cardiovascular Problems The Maize oil includes monounsaturated and polyunsaturated fats that are both required for the body to control excessive cholesterol. Maize oil is rich in dietary fibers and regulates insulin and making maize oil an ideal food for diabetics. This is expected to drive the Maize Oil Market. Maize flushes out Ama toxins from improperly processed foods and hence circumvents them from getting clogged in blood vessels namely arteries, veins and capillaries. The unobstructed transport of blood and nutrients to and from the heart is thus facilitated and lowers hypertension in the body. The maize oil has high amounts of antioxidants that are expected to prevent cancers and heart disease. Improves the Health of the Liver and Cures its Dysfunction Maize is full of antioxidants that are useful in the removal of harmful free radicals from the human body, especially in the liver and gallbladder. This ensures the exclusion of unwanted fatty accumulations in the body and improves the working of the lever function. This is expected to propel the growth of the Maize Oil Industry. Use of Maize Oil Improves Vision and Skincare Health Maize oil includes other ingredients besides fats such as flavonoids, antioxidants and lutein, which is expected to reduce the radical activity in the body. The lutein ingredient in maize oil is capable of protecting vision health and preventing the development of cataracts. Maize Oil Key Companies are investing in the research and development of maize oil to increase their Revenue in Maize Oil Industry. The maize oil provides a notable amount of beta-carotene, which produces vitamin A in the body and is generally beneficial for skin care. The direct use of maize oil on the skin prevents infections and helps to relieve irritation, blemishes, eczema and psoriasis. Healthy Consumption of Maize Oil Keeps Blood Sugar Levels in Check Maize contains a healthy amount of phytochemicals. Due to this, it is possible to regulate the insulin present in the human blood. This is expected to help to control the rise and drop of sugar in the body and therefore control diabetes as well. Diabetes is a deadly disease that cannot be cured, only controlled. This is why keeping an eye on a diet is extremely important. This wide range of benefits is expected to drive the Maize Oil Market. Also, owing to its low digestibility and rich fiber content, maize is a healthy option for accelerating weight loss and managing other lifestyle diseases like diabetes and obesity. Measured Consumption of Maize Oil Ensures Healthy Pregnancy, Promotes Gut Health and Also Prevents Anemia Consuming a measured amount of maize has massive benefits for the health of pregnant and lactating women. Due to the immense iron and calcium content in maize, it is ideal to stimulate milk production and balance hormonal activities in expecting women and young mothers. Iron is also useful in the formation of new blood cells and avoids symptoms of anemia such as exhaustion, fatigue, weakness, dizziness and shortness of breath. These multiple health benefits associated with the use of maize oil have been driving the growth of the Maize Oil Key Competitor Market Size. Also, the Maize Oil Market growth is supported due to the inclusion of dietary fibers that enhances gastrointestinal functions. Eating food which has good-quality fiber content influences bowel movement, regulating faecal bulk and promoting optimal passage of food and other materials within the intestines. In this manner, maize stimulates healthy metabolism and digestion and improves gut health. Use of Maize Oil Reduces inflammation, Allergies and Supplies Enough Amount of Amino Acids Both omega-3 and omega-6 are worked against inflammation in the body when consumed in moderation. This relieves the symptoms of arthritis, headaches and gastrointestinal problems and cures inflammatory conditions of the skin. This is attributed to the growth of the Maize Oil Market. Some compounds of maize oil are capable of reducing allergic reactivity in the body and reducing the symptoms of asthma and rhinitis. Maize is composed of certain key amino acids that make it a unique plat-based source of high-quality proteins. Maize Oil Industry is expected to grow further apart from only its uses in cooking and recipes. It offers methionine, a sulfur-based amino acid to revive skin and hair health, valine and isoleucine which repair injured muscle tissues and threonine, to enable the proper formation of teeth and enamel. Market Restraints Excessive Consumption of Maize Oil Expected to Cause Cancer, Toxicity and Obesity According to the report, fatty acids such as omega-3 and omega-6 are important ingredients in daily diets and they need to be consumed in a 1:1 ratio. The MMR research concluded that too much omega-6 consumption than omega-3 is expected to increase chronic inflammation and causes different kinds of cancers. These factors are expected to limit the growth of the Maize Oil Market. As a part of modern agricultural practices, high amounts of herbicides and pesticides have been used. This is expected to increase the high chances of toxicity and causes the Maize Oil Industry limitations. Maize oil has more than 120 per tablespoons of calories as compared to olive oil. The excessive use of maize oil increases calorie intake and is expected to hamper people’s weight-loss goals as well as Maize Oil Market Growth. The PORTER’s five force model includes growth drivers, opportunities, regional insights and market restraints to assist new Maize Oil Key Companies.

Maize Oil Market Regional Insights

North America held the largest revenue share of the Maize Oil Market in 2022 since the increased applications of maize oil in pharmaceuticals and cosmetics apart from only food industries. The ingredients in maize oil help in the cure of many small diseases and are suitable for all types of dietary foods. The production of maize or corn in the United States in 2021 was nearly 15.1 billion bushels. Also, the increased obesity rate across the region is expected to drive the demand for low-calorie and cholesterol-free oil, which reduces the risk of cardiovascular diseases and blood-cholesterol levels and improves the metabolism and digestion in the human body. Europe is expected to grow significantly throughout the forecast period (2023-2029) in Maize Oil Market. Germany and Italy are the major feedstocks for producing biodiesel through maize. This has been driving the Maize Oil Industry in Europe due to the increased popularity of maize oil as a healthy edible oil. Asia Pacific is expected to hold the largest share of the Maize Oil Market during the forecast period. The governments of APAC countries such as China, India, Malaysia and Indonesia announced regulations regarding the reduction of carbon emissions and pushes biodiesel consumption. Also, the use of maize oil in food products, soaps, inks and lotions makes it a diverse product. These factors are expected to drive the Asia Pacific Maize Oil Industry. The major Maize Oil Key Competitors are largely investing in developing economies of the region to increase their Maize Oil Market Share.Maize Oil Market1

Maize Oil Market Competitive Landscape

The report includes the announcements, mergers and acquisitions and recent developments along with the partnerships and collaborations between Maize Oil Key Competitors, which are expected to drive the Maize Oil Market. Such as, on May 2, 2023, Piyush Goyal announced that India is expected to achieve a 20 percent ethanol-blended petrol target by 2025 in which maize crops will play an important role. Further, they said ethanol is a "sunrise sector" and asked the industry to set up factories for manufacturing this green fuel which can operate on dual feedstock that is sugarcane and food grains. These initiatives by developing an economy like India are expected to drive market growth and propel the growth of investors in the Maize Oil Industry. Also, on the day of September 14, 2022, the European Parliament voted to extend the agricultural goods covered by the bloc’s new law against imports linked to deforestation to include maize. According to the assessment, maize has an impact, but it is less important than the other six commodities such as palm oil, cocoa, coffee, beef, soy and timber. Such factors sometimes are expected to limit the growth of the Maize Oil Market.

Maize Oil Market Segment Analysis

Based on Type, The Edible Maize Oil segment holds the largest revenue share in the Maize Oil Market. The consumption of maize oil through diet has multiple benefits for the human body such as lower the risk of cardiovascular diseases in the body, reducing inflammation and allergies and being useful in skin care, improving vision and keeping blood sugar levels in control. Due to these factors, maize oil has large demand from the geriatric population for keeping their diabetes in control. This is expected to drive the segment in Maize Oil Industry. Based on Application, It is divided into residential and commercial segments, among them residential segment is still holding the highest share in the Maize oil Market. Maize oil does have a wide range of applications in the commercial sector but the residential segment, where maize oil is used mostly for cooking and in some home remedies is expected to hold the largest share of the market. Most of the Maize Oil Companies manufacture maize oil for residential use. Maize oil also has demand in commercial sectors such as restaurants, pharmaceuticals and livestock. Based on Industry Vertical, Food and Beverages segment is expected to hold the largest share of the Maize Oil Market during the forecast period. Maize oil is known as low-calorie oil and has high demand from people and industries such as food and beverages and food processing. Despite having several applications in pharmaceuticals and other industries, food and beverage held the largest share since it is related to daily dietary options.

Maize Oil Market Scope: Inquire before buying

Maize Oil Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 5.71 Bn.
Forecast Period 2023 to 2029 CAGR: 6.8% Market Size in 2029: US $ 9.1 Bn.
Segments Covered: by Type 1.Edible Maize Oil 2.Non-edible Maize Oil
by Application 1.Residential 2.Commercial
by Distribution Channel 1.Supermarkets & Hypermarkets 2.Convenience Stores 3.Online 4.Others
by Industry Vertical 1.Food & Beverage 2.Food Processing 3.Restaurants &Food Service Providers 4.Pharmaceutical Industry 5.Livestock 6.Others

Maize Oil Market, by Region:

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Maize Oil Key Players include:

1.Abu Dhabi Vegetable Oil Company LLC. 2.Archer-Daniels-Midland Company 3.Associated British Foods 4. Bluecraft Agro 5.Cargill Inc 6. Grain Processing Corporation 7. Greenfield Specialty Alcohols 8. Ingredion Incorporated 9. Richardson International 10.Roquette Freres 11. Manishankar Oils Private Limited 12.Haridraa Industries 13.Kush Proteins Private Limited 14. Liable Essential Oil Products Private Limited 15. Shree Uday Oil & Foods Industries Frequently Asked Questions: 1] What is the growth rate of the Maize Oil Market? Ans. The Maize Oil Market is growing at a CAGR of 6.8% during the forecast period. 2] Which region is expected to dominate the Maize Oil Market? Ans. North America is expected to dominate the Maize Oil Market during the forecast period from 2023 to 2029. 3] What is the expected Maize Oil Market size by 2029? Ans. The size of the Maize Oil Market by 2029 is expected to reach USD 9.1 Bn. 4] Who are the top players in the Maize Oil Market? Ans. The major key players in the Maize Oil Market are Archer-Daniels-Midland Company, Associated British Foods, Bluecraft Agro, Cargill Inc and Grain Processing Corporation 5] Which factors contributed to the growth of the Maize Oil Market in 2022? Ans. The Maize Oil Market is expected to grow due to the wide range of applications apart from only the food industry.
1. Global Maize Oil Market: Research Methodology 2. Global Maize Oil Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Maize Oil Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Maize Oil Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Maize Oil Market Segmentation (by Value USD and Volume Units) 4.1 Global Maize Oil Market, by Type (2022-2029) • Edible Corn Oil • Non-edible Corn Oil 4.2 Global Maize Oil Market, by Application (2022-2029) • Residential • Commercial 4.3 Global Maize Oil Market, by Distribution Channel (2022-2029) • Supermarkets & Hypermarkets • Convenience Stores • Online • Others 4.4 Global Maize Oil Market, by Industry Vertical (2022-2029) • Food & Beverage • Food Processing • Restaurants &Food Service Providers • Pharmaceutical Industry • Livestock • Others 5. North America Maize Oil Market(2022-2029) (by Value USD and Volume Units) 5.1 North America Maize Oil Market, by Type (2022-2029) • Edible Corn Oil • Non-edible Corn Oil 5.2 North America Maize Oil Market, by Application (2022-2029) • Residential • Commercial 5.3 North America Maize Oil Market, by Distribution Channel (2022-2029) • Supermarkets & Hypermarkets • Convenience Stores • Online • Others 5.4 North America Maize Oil Market, by Industry Vertical (2022-2029) • Food & Beverage • Food Processing • Restaurants &Food Service Providers • Pharmaceutical Industry • Livestock • Others 5.5 North America Maize Oil Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Maize Oil Market (2022-2029) (by Value USD and Volume Units) 6.1. European Maize Oil Market, by Type (2022-2029) 6.2. European Maize Oil Market, by Application (2022-2029) 6.3. European Maize Oil Market, by Distribution Channel (2022-2029) 6.8. European Maize Oil Market, by Industry Vertical (2022-2029) 6.5. European Maize Oil Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Maize Oil Market (2022-2029) (by Value USD and Volume Units) 7.1. Asia Pacific Maize Oil Market, by Type (2022-2029) 7.2. Asia Pacific Maize Oil Market, by Application (2022-2029) 7.3. Asia Pacific Maize Oil Market, by Distribution Channel (2022-2029) 7.4. Asia Pacific Maize Oil Market, by Industry Vertical (2022-2029) 7.5. Asia Pacific Maize Oil Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Maize Oil Market (2022-2029) (by Value USD and Volume Units) 8.1 Middle East and Africa Maize Oil Market, by Type (2022-2029) 8.2. Middle East and Africa Maize Oil Market, by Application (2022-2029) 8.3. Middle East and Africa Maize Oil Market, by Distribution Channel (2022-2029) 8.4. Middle East and Africa Maize Oil Market, by Industry Vertical (2022-2029) 8.5. Middle East and Africa Maize Oil Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Maize Oil Market (2022-2029) (by Value USD and Volume Units) 9.1. South America Maize Oil Market, by Type (2022-2029) 9.2. South America Maize Oil Market, by Application (2022-2029) 9.3. South America Maize Oil Market, by Distribution Channel (2022-2029) 9.4. South America Maize Oil Market, by Industry Vertical (2022-2029) 9.5. South America Maize Oil Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Abu Dhabi Vegetable Oil Company LLC. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Archer-Daniels-Midland Company 10.3. Associated British Foods 10.4. Bluecraft Agro 10.5. Cargill Inc 10.6. Greenfield Specialty Alcohols 10.7. Grain Processing Corporation 10.8. Ingredion Incorporated 10.9. Richardson International 10.10. Roquette Freres 10.11. Manishankar Oils Private Limited 10.12. Haridraa Industries 10.13. Kush Proteins Private Limited 10.14. Liable Essential Oil Products Private Limited 10.15. Shree Uday Oil & Foods Industries

About This Report

Report ID 187337
Category Food & Beverages
Published Date May 2023
Updated Date
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