Asia Pacific Corn Oil Market Size, Share & Trends Analysis Report By Type, By Application, By Country and Growth Forecast, 2024

Description

List of Tables

The Asia Pacific Corn Oil Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 173.83 kilo tonnes, showcasing a growth of 15.0% (2020-2023).

Corn oil is extensively used in the food and beverage industry due to its light flavor, high smoke point, and versatile properties. In cooking, its ability to withstand high temperatures without breaking down makes it ideal for frying, sauteing, and baking, where it helps achieve crispy textures and evenly cooked dishes. Its neutral taste ensures that it does not overpower the flavors of the ingredients it accompanies, making it a preferred oil for a variety of culinary applications. Thus, the Chinese food and beverage industry consumed 27.12 kilo tonnes of this oil in 2023.

The China market dominated the Asia Pacific Corn Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $911 million by 2031. The Japan market is registering a CAGR of 7.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8.6% during (2024 - 2031).

Corn oil is utilized in animal nutrition as a valuable energy source and essential fatty acids in livestock feed formulations. Its inclusion in feed rations enhances the overall nutritional quality and palatability, promoting optimal growth and performance in poultry, swine, and cattle. Furthermore, research indicates that supplementing animal diets with this oil can benefit meat quality, particularly in marbling, tenderness, and flavor.

Additionally, the rising incidence of lifestyle-related diseases such as obesity, cardiovascular disorders, and diabetes has heightened awareness about the importance of healthy dietary habits and the role of cooking oils in overall health and well-being. Consequently, there is a growing demand for this oil as a healthier alternative to saturated fats, trans fats, and hydrogenated oils, supported by scientific research highlighting its beneficial effects on lipid profiles and cardiovascular health.

China's pharmaceutical industry has undergone rapid modernization and consolidation, focusing on upgrading manufacturing capabilities, enhancing quality standards, and promoting innovation. According to the International Trade Administration data, the pharmaceutical industry in China was expected to attain a value of $161.8 billion by 2023, representing an approximate 30% market share on a global scale. Australia's vibrant food and beverage industry, characterized by a diverse culinary landscape and a strong emphasis on quality, innovation, and sustainability, presents significant opportunities for this oil producers and suppliers to capitalize on the growing demand for this versatile ingredient. According to the Australian Bureau of Statistics data, in the 2020-21 fiscal year, foods and non-alcoholic beverages weighing 14.7 million tonnes were sold through specialty food stores, grocery stores, supermarkets, and fresh food sectors. In comparison to the preceding 12-month period (2019-20), this was up 1.4% (204,100 tonnes) and up 4.9% (686,000 tonnes) from 2018-19. Hence, the rising food & beverage and pharmaceutical sectors in the Asia Pacific will increase demand.

Based on Type, the market is segmented into Edible, and Non-Edible. Based on Application, the market is segmented into Food & Beverages, Biodiesel, Animal Feed, Cosmetics & Personal Care, Industrial, and Pharmaceuticals. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Abu Dhabi Vegetable Oil Company (International Holding Company)
Archer Daniels Midland Company
Associated British Foods PLC (Wittington Investments Limited)
Bluecraft Agro Private Limited (Riddhi Siddhi Group)
Cargill, Incorporated
Grain Processing Corporation (Kent Corporation)
Greenfield Global Inc.
Richardson International Limited (James Richardson & Sons, Limited)
Roquette Freres SA

Asia Pacific Corn Oil Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2020-31)

Edible
Non-Edible

By Application (Volume, Kilo Tonnes, USD Billion, 2020-31)

Food & Beverages
Biodiesel
Animal Feed
Cosmetics & Personal Care
Industrial
Pharmaceuticals

By Country (Volume, Kilo Tonnes, USD Billion, 2020-31)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Corn Oil Market, by Type
- 1.4.2 Asia Pacific Corn Oil Market, by Application
- 1.4.3 Asia Pacific Corn Oil Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter's Five Forces Analysis

Chapter 4. Asia Pacific Corn Oil Market by Type

4.1 Asia Pacific Edible Market by Country
4.2 Asia Pacific Non-Edible Market by Country

Chapter 5. Asia Pacific Corn Oil Market by Application

5.1 Asia Pacific Food & Beverages Market by Country
5.2 Asia Pacific Biodiesel Market by Country
5.3 Asia Pacific Animal Feed Market by Country
5.4 Asia Pacific Cosmetics & Personal Care Market by Country
5.5 Asia Pacific Industrial Market by Country
5.6 Asia Pacific Pharmaceuticals Market by Country

Chapter 6. Asia Pacific Corn Oil Market by Country

6.1 China Corn Oil Market
- 6.1.1 China Corn Oil Market by Type
- 6.1.2 China Corn Oil Market by Application
6.2 Japan Corn Oil Market
- 6.2.1 Japan Corn Oil Market by Type
- 6.2.2 Japan Corn Oil Market by Application
6.3 India Corn Oil Market
- 6.3.1 India Corn Oil Market by Type
- 6.3.2 India Corn Oil Market by Application
6.4 South Korea Corn Oil Market
- 6.4.1 South Korea Corn Oil Market by Type
- 6.4.2 South Korea Corn Oil Market by Application
6.5 Singapore Corn Oil Market
- 6.5.1 Singapore Corn Oil Market by Type
- 6.5.2 Singapore Corn Oil Market by Application
6.6 Malaysia Corn Oil Market
- 6.6.1 Malaysia Corn Oil Market by Type
- 6.6.2 Malaysia Corn Oil Market by Application
6.7 Rest of Asia Pacific Corn Oil Market
- 6.7.1 Rest of Asia Pacific Corn Oil Market by Type
- 6.7.2 Rest of Asia Pacific Corn Oil Market by Application

Chapter 7. Company Profiles

7.1 Abu Dhabi Vegetable Oil Company (International Holding Company)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
7.2 Bluecraft Agro Private Limited (Riddhi Siddhi Group)
- 7.2.1 Company Overview
7.3 Greenfield Global Inc.
- 7.3.1 Company Overview
7.4 Archer Daniels Midland Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
7.5 Associated British Foods PLC (Wittington Investments Limited)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
7.6 Cargill, Incorporated
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
7.7 Grain Processing Corporation (Kent Corporation)
- 7.7.1 Company Overview
7.8 Richardson International Limited (James Richardson & Sons, Limited)
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
7.9 Roquette Freres SA
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis

LIST OF TABLES

TABLE 1 Asia Pacific Corn Oil Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Corn Oil Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Asia Pacific Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Asia Pacific Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 8 Asia Pacific Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 9 Asia Pacific Edible Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Edible Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Edible Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 Asia Pacific Edible Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 Asia Pacific Non-Edible Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Non-Edible Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Non-Edible Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Asia Pacific Non-Edible Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Asia Pacific Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 20 Asia Pacific Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 21 Asia Pacific Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Food & Beverages Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 Asia Pacific Food & Beverages Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 Asia Pacific Biodiesel Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Biodiesel Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Biodiesel Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 Asia Pacific Biodiesel Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 Asia Pacific Animal Feed Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Animal Feed Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Animal Feed Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 Asia Pacific Animal Feed Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 Asia Pacific Cosmetics & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Cosmetics & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Cosmetics & Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Asia Pacific Cosmetics & Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Asia Pacific Industrial Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Industrial Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Industrial Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 Asia Pacific Industrial Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 Asia Pacific Pharmaceuticals Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Pharmaceuticals Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Pharmaceuticals Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Asia Pacific Pharmaceuticals Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Asia Pacific Corn Oil Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Corn Oil Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Corn Oil Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 Asia Pacific Corn Oil Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 China Corn Oil Market, 2020 - 2023, USD Million
TABLE 50 China Corn Oil Market, 2024 - 2031, USD Million
TABLE 51 China Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 52 China Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 53 China Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 54 China Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 55 China Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 56 China Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 57 China Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 58 China Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 59 China Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60 China Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61 Japan Corn Oil Market, 2020 - 2023, USD Million
TABLE 62 Japan Corn Oil Market, 2024 - 2031, USD Million
TABLE 63 Japan Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Japan Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Japan Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 66 Japan Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 67 Japan Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 68 Japan Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 69 Japan Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 70 Japan Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 71 Japan Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72 Japan Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73 India Corn Oil Market, 2020 - 2023, USD Million
TABLE 74 India Corn Oil Market, 2024 - 2031, USD Million
TABLE 75 India Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 76 India Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 77 India Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 78 India Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 79 India Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 80 India Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 81 India Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 82 India Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 83 India Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84 India Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85 South Korea Corn Oil Market, 2020 - 2023, USD Million
TABLE 86 South Korea Corn Oil Market, 2024 - 2031, USD Million
TABLE 87 South Korea Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 88 South Korea Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 89 South Korea Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 90 South Korea Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 91 South Korea Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 92 South Korea Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 93 South Korea Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 94 South Korea Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 95 South Korea Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96 South Korea Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97 Singapore Corn Oil Market, 2020 - 2023, USD Million
TABLE 98 Singapore Corn Oil Market, 2024 - 2031, USD Million
TABLE 99 Singapore Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 100 Singapore Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 101 Singapore Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 102 Singapore Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 103 Singapore Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 104 Singapore Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 105 Singapore Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 106 Singapore Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 107 Singapore Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 108 Singapore Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 109 Malaysia Corn Oil Market, 2020 - 2023, USD Million
TABLE 110 Malaysia Corn Oil Market, 2024 - 2031, USD Million
TABLE 111 Malaysia Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Malaysia Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Malaysia Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 114 Malaysia Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 115 Malaysia Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 116 Malaysia Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 117 Malaysia Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 118 Malaysia Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 119 Malaysia Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120 Malaysia Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Corn Oil Market, 2020 - 2023, USD Million
TABLE 122 Rest of Asia Pacific Corn Oil Market, 2024 - 2031, USD Million
TABLE 123 Rest of Asia Pacific Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of Asia Pacific Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 133 Key Information - Abu Dhabi Vegetable Oil Company
TABLE 134 Key Information - Bluecraft Agro Private Limited
TABLE 135 Key Information - Greenfield Global Inc.
TABLE 136 Key Information - Archer Daniels Midland Company
TABLE 137 Key Information - Associated British Foods PLC
TABLE 138 Key Information - Cargill, Incorporated
TABLE 139 Key Information - Grain Processing Corporation
TABLE 140 Key Information - Richardson International Limited
TABLE 141 Key Information - Roquette Freres SA

Asia Pacific Corn Oil Market Size, Share & Trends Analysis Report By Type, By Application, By Country and Growth Forecast, 2024 - 2031