Corn Oil Market Size & Outlook, 2025-2033

Corn Oil Market Size

The global corn oil market size was valued at USD 6.34 billion in 2024 and is estimated to grow from USD 6.82 billion in 2025 to reach USD 12.11 billion by 2033, growing at a CAGR of 7.45% during the forecast period (2025–2033).

Corn oil is a widely used vegetable oil extracted from the germ of corn kernels. It is known for its mild flavor, high smoke point, and versatility in cooking, making it ideal for frying, baking, and salad dressings. Rich in polyunsaturated fats and low in saturated fats, corn oil is considered heart-friendly and is often used in processed foods and margarines. It also contains vitamin E, an antioxidant that supports skin health and immune function.

Besides culinary uses, corn oil is used in biodiesel production, cosmetics, and industrial applications. Its light texture and neutral taste make it a popular choice in households and the food industry, contributing to its global demand and commercial significance. The market is driven by rising consumer awareness of heart-healthy edible oils and the increasing demand for plant-based alternatives.

With growing concerns over cholesterol and cardiovascular diseases, many consumers are shifting toward corn oil due to its high content of polyunsaturated fats and vitamin E. Moreover, the expanding food processing industry, particularly in snacks, baked goods, and frying applications, is fueling demand.

Current Market Trends

Increased Popularity of Non-Gmo Products

The global market is witnessing a shift toward non-GMO products as consumers increasingly prioritize health-conscious and sustainable choices. The demand is fueled by rising concerns over genetically modified ingredients and their potential health risks. Food and personal care industries are embracing non-GMO corn oil for its purity and functional benefits.

• For example, Praan Naturals offers certified non-GMO Corn Oil, serving as an emollient and re-fatting agent in skincare and haircare products. This plant-based, USDA-certified organic oil caters to the personal care industry's demand for natural and sustainable ingredients.

Moreover, food manufacturers are incorporating non-GMO corn oil into snacks, dressings, and cooking oils to meet consumer preferences. This trend is expected to drive market growth and product innovation globally.

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Corn Oil Market Growth Factor

Diversified Usage of Corn Oil in Various Industries

The diverse applications of corn oil across multiple industries have significantly driven market growth. It is widely used in food processing, pharmaceuticals, cosmetics, and biofuels due to its nutritional benefits and chemical properties. In the renewable energy sector, companies are exploring their potential for sustainable fuel production.

• For instance, in March 2022, the Minnedosa Ethanol Plant in Canada expanded its operations to include corn oil production for renewable diesel. This move demonstrated the company’s commitment to innovation and adaptability in response to evolving energy demands. Previously focused on fuel-grade ethanol and Dried Distillers Grain with Solubles (DDGS) for animal feed, the company began producing Distillers' Corn Oil (DCO) to counter feedstock and pricing fluctuations.

With its growing demand in various industries, corn oil continues to be a valuable commodity, fostering innovation and market expansion.

Restraining Factor

Competition from Alternative Cooking Oils

The global market faces strong competition from alternative cooking oils such as canola, sunflower, and olive oil, which are often perceived as healthier options due to their higher unsaturated fat content. Consumers are shifting towards oils with specific health benefits, like avocado oil for heart health or coconut oil for its medium-chain triglycerides.

Moreover, rising demand for non-GMO and organic oils has boosted the popularity of soybean and flaxseed oils. This competitive landscape challenges corn oil producers to differentiate their products through fortification, sustainability initiatives, and improved extraction methods to retain market share amid evolving consumer preferences.

Market Opportunity

Latest Innovations in Optimal Corn Oil Extraction

The global market is witnessing significant opportunities driven by advancements in extraction technologies that enhance efficiency and yield. Manufacturers are focusing on innovative methods such as enzymatic extraction and mechanical pressing to improve oil recovery while maintaining quality.

• For instance, in August 2023, Fluid Quip Technologies (FQT) announced that its patented Distillers' Corn Oil (DCO) Technology™ is achieving record distillers corn oil yields for Ace Ethanol in Stanley, Wisconsin. The technology has led to increases of over 20% above historical rates. The DCO Technology™ mechanically separates more oil from the whole stillage into the thin stillage stream and then clarifies the stream to reduce fine solids going to evaporation and oil recovery systems.

Such innovations are reshaping the market, offering cost-effective and sustainable solutions for large-scale corn oil production.

Regional Analysis

North America Corn Oil Market Trend

North America leads the global market, driven by high consumption in food processing, biodiesel production, and the growing demand for healthier edible oils. The U.S. dominates due to its vast corn production, supporting large-scale corn oil extraction. The rising trend of plant-based diets has also fueled demand for corn oil as a cholesterol-free alternative to animal fats. Moreover, the biofuel sector benefits from government incentives promoting renewable energy, with corn oil being a key feedstock in biodiesel production. Major companies like Archer Daniels Midland (ADM) and Cargill enhance market growth with continuous innovations and large processing capacities.

Asia-Pacific Corn Oil Market Trend

The Asia-Pacific corn oil market is expanding rapidly due to rising health awareness, urbanization, and increased fast-food consumption. Countries like China and India are witnessing higher demand for corn oil as consumers shift toward heart-healthy cooking oils. The food industry’s expansion, coupled with the growing popularity of processed and fried foods, further drives market growth. Moreover, the biodiesel sector in countries like Indonesia and Malaysia is creating new opportunities for corn oil usage.

Country Analysis

• United States: The U.S. dominates the global market due to its high corn production and strong processing industry. With major producers like Archer Daniels Midland (ADM) and Cargill, the country benefits from advanced refining technologies and a growing demand for healthier oils. The rise of plant-based diets and biofuel applications further boosts market expansion. Moreover, increasing consumer preference for non-GMO and organic corn oil strengthens domestic sales and exports, especially to Europe and Asia.
• China:China's corn oil market is expanding due to rising health awareness and increasing demand for cooking oils with lower saturated fat. As the world's top corn producer, China ensures a stable supply, supporting major players like COFCO. The growing middle class prefers premium edible oils, pushing demand for refined and blended corn oils. Moreover, government initiatives promoting healthier eating habits have led to increased corn oil consumption in food processing industries, particularly in packaged snacks and convenience foods.
• Germany:Germany's corn oil market is driven by the growing demand for sustainable and organic food products. As a leading European economy, Germany focuses on high-quality edible oils, with companies like Bunge and Wilmar leveraging advanced refining processes. The rising trend of plant-based diets and increasing awareness of trans-fat-free cooking oils support demand. Moreover, the biofuel sector uses corn oil as a feedstock for biodiesel production, aligning with Germany’s strong renewable energy policies and sustainability commitments.
• Japan: Japan’s corn oil market is influenced by consumer preference for light and healthy cooking oils. Major food manufacturers, including Ajinomoto and Nisshin OilliO, incorporate corn oil in processed foods, sauces, and dressings. Japan also imports significant quantities from the U.S. due to limited domestic corn production. The demand for functional oils with cardiovascular benefits is rising, driving the consumption of corn oil, particularly among aging populations looking for cholesterol-lowering alternatives in their daily diets.
• India: India's corn oil market is growing due to the increasing demand for affordable and healthier edible oils. While soybean and palm oil dominate, corn oil is gaining traction in urban households due to its cholesterol-lowering properties. Companies like Marico and Cargill promote corn oil as a premium alternative. Moreover, India's food processing industry, particularly in snack manufacturing, is driving demand. The shift towards heart-healthy cooking oils, supported by awareness campaigns, is boosting market penetration.
• Brazil: Brazil is a key player in the global market due to its strong agricultural base and high corn production. The country exports refined corn oil to several global markets while also meeting domestic demand for cooking oil and biodiesel production. Companies like Bunge and Camil Alimentos dominate the market, capitalizing on Brazil’s growing preference for vegetable oils over animal fats. Moreover, government initiatives promoting biofuels increase the use of corn oil as a sustainable energy source.

Type Insights

Edible corn oil dominates the global market due to its widespread use in cooking, frying, and food processing. Rich in polyunsaturated fats and vitamin E, it is preferred for its heart-health benefits. The rising demand for healthier cooking oils and the expansion of food service industries further drive its dominance. Moreover, its neutral taste and high smoke point make it suitable for various culinary applications, boosting its adoption in households and commercial kitchens worldwide.

Applications Insights

Food processing is the leading application segment, as corn oil is extensively used in baked goods, snacks, margarine, and salad dressings. Its light flavor and high oxidative stability make it ideal for large-scale food production. The growing global demand for processed foods, coupled with increasing consumer preference for healthier oils, strengthens its dominance. Moreover, the expansion of the packaged food industry and rising urbanization continue to boost its demand in food manufacturing.

Distribution Channel Insights

Supermarkets and hypermarkets hold the largest market share due to their extensive consumer reach and diverse product offerings. These retail giants provide a wide selection of edible oils, ensuring easy accessibility for households and food service providers. Promotional discounts, bulk purchasing options, and consumer preference for in-person selection further drive sales. The increasing number of hypermarkets and supermarkets, particularly in emerging economies, continues to support this segment’s dominance.

Industry Vertical Insights

The food & beverage industry dominates the global corn oil market, with extensive usage in cooking oils, margarine, and snack food production. Manufacturers prefer corn oil for its neutral taste, long shelf life, and heart-health benefits. Growing health-conscious consumer trends and demand for non-GMO oils fuel its adoption in this industry. Moreover, the expansion of fast-food chains and processed food manufacturing globally strengthens the dominance of this segment in the market.

Company Market Share

Leading companies are investing in advanced refining processes to enhance oil purity and extend shelf life. Many are also expanding their product portfolios by introducing non-GMO and organic variants to meet the growing demand for healthier cooking oils. Moreover, regional expansion remains a key strategy, with companies strengthening their presence in high-growth markets such as Asia-Pacific and Latin America.

List of key players in Corn Oil Market

1. ACH Food Companies, Inc.
2. Abu Dhabi Vegetable Oil Company
3. Archer Daniels Midland Company
4. Cargill Incorporated
5. Wilmar International Ltd.
6. Qingdao Changsheng Group Co., Ltd.
7. Elburg Global
8. Savola Group
9. ConAgra Brands, Inc
10. IFFCO
11. Henry Lamotte Oils GmbH
12. Cairo Oil And Soap
13. Lam Soon Edible Oils Sdn. Bhd.
14. Proteins Pvt Limited
15. Taj Agro International
16. The J.M. Smucker Company
17. Saporito Foods Inc.

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Recent Developments

• October 2024 -  IFF introduced OPTIMASH® F200 and OPTIMASH® AX, a new enzyme solution designed to improve corn oil extraction in fuel ethanol production. This innovative blend can increase corn oil recovery by up to 15%, benefiting industries such as biodiesel, renewable diesel, and animal feed. Additionally, IFF unveiled a proprietary oil mapping calculator that helps ethanol producers fine-tune enzyme dosing for optimal yields.

Analyst Opinion

As per our analyst, the global market is experiencing steady growth, driven by increasing consumer preference for heart-healthy oils and the rising demand in the food and biofuel industries. The oil’s high polyunsaturated fat content and sustainability benefits make it a preferred choice across various applications.

However, the market faces challenges such as price fluctuations in raw materials, competition from alternative vegetable oils, and regulatory concerns regarding oil processing methods. Despite these hurdles, advancements in extraction techniques and the growing adoption of corn oil in various industrial applications are expected to sustain market expansion.