Maize Oil Market 2024-2028: Size and Availability of substitute edible oils; growth driven by the Type, Some of key Companies Positioned Strategically

The maize oil market size by Type (Edible and Non-edible) and Geography (North America, APAC, Europe, South America, and Middle East and Africa), is forecast to increase by USD 1717.3 million. The market is expected to grow at a CAGR of  over 7.08% between 2024 and 2028.

• The preference for various cooking oils significantly influences the growth trajectory of the maize oil market. In certain regions, such as Spain and parts of Europe, olive oil is the preferred choice for cooking, which may hinder the market expansion for maize oil. Similarly, in Canada, canola and soybean oils are the most commonly used cooking oils. In Asia Pacific countries like India and China, sunflower oil and peanut oil are the dominant choices due to their health benefits, restricting the market potential for maize oil. Conversely, in South American countries, olive oil is widely adopted for cooking purposes. These regional preferences and the resulting market dynamics are crucial factors that need to be considered when assessing the maize oil market outlook.
• The maize oil market witnesses significant growth due to its versatile applications in various industries. Food processing is a major end-use sector, with maize oil utilized in the production of biodiesel and as an edible oil. Additionally, its use in cosmetics and pharmaceuticals sectors is expanding, contributing to market expansion. Factors such as increasing health awareness and government initiatives towards biodiesel production further fuel market growth.

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Some of the Key Companies:

• Abu Dhabi Vegetable Oil Co.
• 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 Oleochemische Erzeugnisse GmbH
• Kush Protein Pvt. Ltd.
• MDECA
• MWC Oil
• NutriAsia Inc.
• Saporito Foods Inc.
• Savola Group
• SBH Group
• Shree Uday Oil and Foods Industries
• United Wisconsin Grain Producers LLC

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