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

Description

List of Tables

The Latin America, Middle East and Africa Corn Oil Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 56.99 Kilo Tonnes, showcasing a growth of 10.4% (2024-2031).

Corn oil, particularly the non-edible grade, is widely used in the animal feed industry due to its high energy content and nutritional benefits. Incorporating corn oil into animal feed provides a rich source of essential fatty acids, such as linoleic acid, which are vital for the growth and development of livestock. These fatty acids support healthy skin and coat conditions in animals, improve reproductive performance, and enhance overall vitality. Thus, Brazilian animal feed industry consumed 1.54 kilo tonnes of this oil in 2023.

The Brazil market dominated the LAMEA Corn Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $191.1 million by 2031. The Argentina market is showcasing a CAGR of 10.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.7% during (2024 - 2031).

The market is shifting towards sustainable sourcing and production practices driven by consumer preferences for ethically sourced and environmentally responsible products. Sustainable certification schemes and labeling initiatives are gaining traction, enabling consumers to make informed choices and incentivizing companies to adopt sustainable practices throughout the supply chain.

On the industrial front, technological advancements and innovations in extraction, refining, and processing techniques are enhancing the efficiency and quality of oil production. This enables manufacturers to meet the evolving market demands while minimizing waste and environmental impact. Moreover, integrating digitalization and data analytics enables companies to optimize production processes, improve yield, and enhance product quality, thereby fostering competitiveness and sustainability in the oil industry.

As consumers in the UAE increasingly dine out or order food for delivery, the demand for cooking oils, including this oil, is expected to rise to meet the needs of the food service industry. According to the United States Department of Agriculture data, UAE is the second largest food service sector within the Arab Gulf Cooperation Council (GCC) region after Saudi Arabia. In 2021, the value of the UAE hotel, restaurant, and institutional sector totaled $12.3 billion, almost a 17 percent increase from 2020. Additionally, South Africa's diverse and multicultural population, with its rich culinary traditions and preferences, fuels the demand for various cooking oils to cater to different tastes and dietary needs. As per the data from the Government of South Africa, when denominated in constant 2019 prices, the food and beverage sector's overall revenue grew by 14.9% in February 2023 compared to February 2022. Positive annual growth rates were recorded for bar sales (35,5%) and food sales (13,8%). Thus, with the growth of food service and food & beverage sectors in the LAMEA region, there will be increased demand for this oil.

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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 LAMEA Corn Oil Market, by Type
- 1.4.2 LAMEA Corn Oil Market, by Application
- 1.4.3 LAMEA 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. LAMEA Corn Oil Market by Type

4.1 LAMEA Edible Market by Country
4.2 LAMEA Non-Edible Market by Country

Chapter 5. LAMEA Corn Oil Market by Application

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

Chapter 6. LAMEA Corn Oil Market by Country

6.1 Brazil Corn Oil Market
- 6.1.1 Brazil Corn Oil Market by Type
- 6.1.2 Brazil Corn Oil Market by Application
6.2 Argentina Corn Oil Market
- 6.2.1 Argentina Corn Oil Market by Type
- 6.2.2 Argentina Corn Oil Market by Application
6.3 UAE Corn Oil Market
- 6.3.1 UAE Corn Oil Market by Type
- 6.3.2 UAE Corn Oil Market by Application
6.4 Saudi Arabia Corn Oil Market
- 6.4.1 Saudi Arabia Corn Oil Market by Type
- 6.4.2 Saudi Arabia Corn Oil Market by Application
6.5 South Africa Corn Oil Market
- 6.5.1 South Africa Corn Oil Market by Type
- 6.5.2 South Africa Corn Oil Market by Application
6.6 Nigeria Corn Oil Market
- 6.6.1 Nigeria Corn Oil Market by Type
- 6.6.2 Nigeria Corn Oil Market by Application
6.7 Rest of LAMEA Corn Oil Market
- 6.7.1 Rest of LAMEA Corn Oil Market by Type
- 6.7.2 Rest of LAMEA 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 LAMEA Corn Oil Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Corn Oil Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 4 LAMEA Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 5 LAMEA Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 6 LAMEA Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 7 LAMEA Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 8 LAMEA Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 9 LAMEA Edible Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Edible Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Edible Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 LAMEA Edible Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 LAMEA Non-Edible Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Non-Edible Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Non-Edible Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 LAMEA Non-Edible Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 LAMEA Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 18 LAMEA Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 19 LAMEA Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 20 LAMEA Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 21 LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Food & Beverages Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 LAMEA Food & Beverages Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 LAMEA Biodiesel Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Biodiesel Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Biodiesel Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 LAMEA Biodiesel Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 LAMEA Animal Feed Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Animal Feed Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Animal Feed Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 LAMEA Animal Feed Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 LAMEA Cosmetics & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Cosmetics & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Cosmetics & Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 LAMEA Cosmetics & Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Industrial Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 LAMEA Industrial Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 LAMEA Pharmaceuticals Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Pharmaceuticals Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA Pharmaceuticals Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 LAMEA Pharmaceuticals Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 LAMEA Corn Oil Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Corn Oil Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Corn Oil Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 LAMEA Corn Oil Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 Brazil Corn Oil Market, 2020 - 2023, USD Million
TABLE 50 Brazil Corn Oil Market, 2024 - 2031, USD Million
TABLE 51 Brazil Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 52 Brazil Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 53 Brazil Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 54 Brazil Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 55 Brazil Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 56 Brazil Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 57 Brazil Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 58 Brazil Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 59 Brazil Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60 Brazil Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61 Argentina Corn Oil Market, 2020 - 2023, USD Million
TABLE 62 Argentina Corn Oil Market, 2024 - 2031, USD Million
TABLE 63 Argentina Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Argentina Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Argentina Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 66 Argentina Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 67 Argentina Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 68 Argentina Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 69 Argentina Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 70 Argentina Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 71 Argentina Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72 Argentina Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73 UAE Corn Oil Market, 2020 - 2023, USD Million
TABLE 74 UAE Corn Oil Market, 2024 - 2031, USD Million
TABLE 75 UAE Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 76 UAE Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 77 UAE Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 78 UAE Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 79 UAE Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 80 UAE Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 81 UAE Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 82 UAE Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 83 UAE Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84 UAE Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85 Saudi Arabia Corn Oil Market, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Corn Oil Market, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Saudi Arabia Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Saudi Arabia Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 90 Saudi Arabia Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 91 Saudi Arabia Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 92 Saudi Arabia Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 93 Saudi Arabia Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 94 Saudi Arabia Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 95 Saudi Arabia Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96 Saudi Arabia Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97 South Africa Corn Oil Market, 2020 - 2023, USD Million
TABLE 98 South Africa Corn Oil Market, 2024 - 2031, USD Million
TABLE 99 South Africa Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 100 South Africa Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 101 South Africa Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 102 South Africa Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 103 South Africa Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 104 South Africa Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 105 South Africa Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 106 South Africa Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 107 South Africa Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 108 South Africa Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 109 Nigeria Corn Oil Market, 2020 - 2023, USD Million
TABLE 110 Nigeria Corn Oil Market, 2024 - 2031, USD Million
TABLE 111 Nigeria Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Nigeria Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Nigeria Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 114 Nigeria Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 115 Nigeria Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 116 Nigeria Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 117 Nigeria Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 118 Nigeria Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 119 Nigeria Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120 Nigeria Corn Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of LAMEA Corn Oil Market, 2020 - 2023, USD Million
TABLE 122 Rest of LAMEA Corn Oil Market, 2024 - 2031, USD Million
TABLE 123 Rest of LAMEA Corn Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of LAMEA Corn Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of LAMEA Corn Oil Market by Type, 2020 - 2023, USD Million
TABLE 126 Rest of LAMEA Corn Oil Market by Type, 2024 - 2031, USD Million
TABLE 127 Rest of LAMEA Corn Oil Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of LAMEA Corn Oil Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of LAMEA Corn Oil Market by Application, 2020 - 2023, USD Million
TABLE 130 Rest of LAMEA Corn Oil Market by Application, 2024 - 2031, USD Million
TABLE 131 Rest of LAMEA Corn Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of LAMEA 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

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