US Corn Oil Market Size was estimated at 1.1 (USD Billion) in 2023. The US Corn Oil Market Industry is expected to grow from 1.25(USD Billion) in 2024 to 2.75 (USD Billion) by 2035. The US Corn Oil Market CAGR (growth rate) is expected to be around 7.431% during the forecast period (2025 - 2035).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Corn Oil Market has been significantly shaped by several market trends, reflecting evolving consumer preferences and industry developments. One major trend is the rising demand for healthier cooking oils, as consumers increasingly seek alternatives to traditional oils. This shift is driven by an awareness of health benefits such as lower cholesterol levels and high vitamin E content found in corn oil. Additionally, the expansion of the plant-based food sector has further fueled the market, with corn oil being favored as a sustainable option for various food products, particularly in vegetarian and vegan diets. Key market drivers influencing the US Corn Oil Market include the growing biofuel industry, which utilizes corn oil as a feedstock for biodiesel production.
Government mandates and incentives promoting renewable energy sources are enhancing the demand for corn-derived products. Furthermore, as the US continues to produce corn at high yields, the abundance of raw material supports the growth of corn oil production to meet industrial and consumer needs. There are several opportunities in the US Corn Oil Market that businesses can explore. Increasing consumer interest in organic and non-GMO corn oil presents a niche market that can be tapped into for product differentiation. Moreover, the expansion of e-commerce platforms provides a channel for reaching health-conscious consumers who prefer purchasing premium corn oil products online.In recent times, the trend towards clean-label products has gained traction, with consumers wanting transparency about ingredients. This trend compels manufacturers to offer corn oil that is minimally processed and free from artificial additives, aligning with the consumer shift towards more natural products. These trends indicate a dynamic market landscape for corn oil in the US, fueled by health consciousness and sustainability.
The US Corn Oil Market Industry is experiencing significant growth due to the increasing consumer preference for healthier cooking oils. Health-conscious consumers are gravitating towards oils that contain lower saturated fats and higher levels of unsaturated fats. According to the United States Department of Agriculture (USDA), there has been a notable rise in health-related food choices, with data indicating that approximately 30% of U.S. adults report actively modifying their dietary fat intake.This trend can be largely attributed to the growing awareness of nutritional benefits associated with corn oil, which offers a favorable fat profile, and the endorsement of organizations such as the American Heart Association, promoting unsaturated fats for heart health. As consumers continue to prioritize health in their dietary choices, demand for corn oil is expected to soar, fueling market growth significantly.
The US Corn Oil Market Industry is further propelled by the surge in usage of corn oil in the food processing sector. As the food industry continues to expand, particularly within processed and packaged food categories, there is a corresponding increase in the utilization of corn oil as a versatile ingredient. According to the Food Processing Suppliers Association, the food and beverage processing sector in the US generates approximately $700 billion annually, highlighting the significant scale at which corn oil is utilized.Given its cost-effectiveness and stable performance under high temperatures, corn oil is increasingly favored among food manufacturers, suggesting an upward trajectory for the market.
The US Corn Oil Market Industry is also gaining momentum from heightened sustainability and renewable energy initiatives. The U.S. government has been actively supporting biofuel production, with corn oil serving as a critical feedstock for biodiesel production. The Renewable Fuel Standard program established by the Environmental Protection Agency (EPA) targets a significant blend of biofuels into the US fuel supply, which is projected to surpass 40 billion gallons by 2022.This regulatory push stimulates demand for corn oil as a sustainable energy source. With the USDA reporting that the use of corn oil for biodiesel production is expected to increase, corn oil's importance in renewable energy initiatives presents a compelling driver for growth in the US Corn Oil Market.
The US Corn Oil Market is a dynamic segment within the broader agricultural sector, showing significant potential for growth and diversification. One of the major classifications of this market revolves around its Type, which can be broadly categorized into Edible and Non-edible categories. The Edible corn oil segment plays a vital role, primarily utilized for cooking, food processing, and as a key ingredient in various recipes, aligning with increased consumer trends towards healthier cooking oils. This segment is influenced by factors such as the rise in health consciousness among consumers, leading to a growing preference for oils that are seen as nutritious. Moreover, this Edible category showcases the versatility of corn oil, being used in salad dressings, margarine, and as a frying medium due to its high smoking point, which makes it favorable for various culinary applications.
On the other hand, the Non-edible corn oil segment caters to industrial applications, encompassing lubricants, biofuels, and cosmetic products. This category has seen increasing relevance as industries prioritize renewable resources and environmentally friendly alternatives. The growing focus on sustainability and green technology within the US market has led to a rising demand for Non-edible corn oil applications, particularly in the production of biodiesel, which serves as an alternative fuel source. Moreover, emerging trends in the cosmetic industry highlight the significance of corn oil for its moisturizing properties, making it a popular ingredient in skincare formulations. The segmentation of the US Corn Oil Market into Edible and Non-edible categories indicates the versatility and broad applicability of corn oil, catering to multiple industries and consumer needs.
As these segments continue to evolve, it is crucial for businesses to adapt to changing market demands, leveraging the growth potential associated with both Edible and Non-edible uses. With a strong agricultural foundation in the United States and an ongoing emphasis on health and sustainability, the US Corn Oil Market is positioned for substantial advancements, reflecting broader market growth trends. Each type segment not only contributes significantly to the overall market dynamics but also presents unique opportunities and challenges that industry stakeholders must navigate. Overall, the ongoing innovations and shifting consumer preferences in the US Corn Oil Market underscore its importance in securing a resilient and responsive agricultural landscape.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Application segment of the US Corn Oil Market has shown significant potential, encompassing various industries including Food and Beverage, Pharmaceuticals, Cosmetics and Personal Care, Animal Feed, Industrial applications, and Biodiesel. The Food and Beverage sector continues to leverage corn oil for its health benefits and functional properties, making it a popular choice for cooking and food processing. Pharmaceuticals also utilize corn oil for its nutritional aspects and ability to enhance the bioavailability of certain compounds, which is crucial in drug formulations.The Cosmetics and Personal Care industry increasingly prefers corn oil due to its moisturizing properties and skin compatibility, while the Animal Feed sector benefits from corn oil as a high-energy ingredient that supports animal growth and efficiency. Additionally, in the Industrial sector, corn oil is used in lubricants and as a raw material for diverse applications. Biodiesel production is particularly important, as there is a growing trend towards sustainable energy sources, positioning corn oil as a vital feedstock. Overall, the diversity and multifunctionality of corn oil across these applications contribute significantly to the dynamics of the US Corn Oil Market, fueling growth and development opportunities across multiple sectors.
US Corn Oil Market Key Players and Competitive Insights:
The competitive landscape of the US Corn Oil Market is marked by a diverse array of players that contribute to its dynamic nature. This sector has witnessed significant growth owing to the rising demand for natural and healthier cooking oils, along with the increasing applications of corn oil in the food industry and biofuel production. As awareness around sustainability and health benefits of plant-based oils grows, stakeholders in this market are vigorously innovating and enhancing their production capabilities to meet consumer preferences. Understanding the competitive dynamics, including the strategic positioning of leading companies, is key to navigating this evolving landscape and identifying growth opportunities.Pacific Ethanol has established itself as a prominent participant in the US Corn Oil Market, primarily through its strong production capabilities and commitment to sustainability. The company focuses on utilizing innovative processes to derive corn oil from its ethanol production facilities, thus driving efficiency and reducing waste. This dual-purpose model not only strengthens its position within the corn oil segment but also enhances its overall product portfolio. Pacific Ethanol exhibits a robust market presence due to its strategic geographic locations and efficient supply chain management, enabling it to respond effectively to regional demands. Its strengths lie in its ability to leverage existing infrastructure for corn oil extraction and its ongoing investment in research and development, which fosters the introduction of new and improved products catering to customer needs.Bunge North America operates as a significant player in the US Corn Oil Market with a comprehensive range of products and services that encompass the entire agricultural supply chain. The company focuses on producing high-quality corn oil suitable for various applications, including food processing, frying, and ingredient manufacturing. Bunge North America benefits from its extensive distribution network and established relationships with local and regional producers, thereby enhancing its market reach. Additionally, its strong emphasis on sustainability and operational efficiency resonates with increasing consumer preferences for eco-friendly products. The company has also engaged in strategic mergers and acquisitions to strengthen its market position, ensuring a diversified portfolio that includes both corn oil and biofuel products. This holistic approach not only amplifies its competitive edge but also positions Bunge North America favorably within the changing landscapes of the US Corn Oil market.
Key Companies in the US Corn Oil Market Include:
Pacific Ethanol
Bunge North America
Ag Processing Inc
Pioneer HiBred International
Wilmar International
CHS Inc
DuPont de Nemours
Cargill
Archer Daniels Midland Company
Golden Peanut Company
Sunflower Food Company
Butterball LLC
US Corn Oil Market Industry Developments
Recent developments in the US Corn Oil Market have been influenced by heightened demand for renewable fuels and healthy cooking oils, contributing to an increase in market valuations for companies like Cargill and Archer Daniels Midland Company, which have seen significant growth due to consumer preferences shifting towards plant-based products. In August 2023, Bunge North America announced an expansion project focusing on increasing its oil refining capacity, aligning with the growing market needs. Additionally, in July 2023, Pacific Ethanol revealed plans to optimize their production processes, enhancing operational efficiency and reducing costs. On the mergers and acquisitions front, in September 2023, Ag Processing Inc completed its acquisition of a minority stake from a joint venture, which will bolster its position in the market. Historical shifts include the acquisition of Golden Peanut Company by a subsidiary of Archer Daniels Midland in December 2020, expanding its footprint in specialty oil production. Overall, the US Corn Oil Market is evolving rapidly, driven by consumer trends and strategic corporate actions aimed at enhancing production capacities and market reach amidst growing environmental considerations.
US Corn Oil Market Segmentation Insights
Corn Oil Market Type Outlook
Edible
Non-edible
Corn Oil Market Application Outlook
Food & Beverage
Pharmaceuticals
Cosmetics & Personal Care
Animal Feed
Industrial
Biodiesel
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.1(USD Billion) |
| MARKET SIZE 2024 | 1.25(USD Billion) |
| MARKET SIZE 2035 | 2.75(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.431% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Pacific Ethanol, Bunge North America, Smithfield Foods, Ag Processing Inc, Pioneer HiBred International, Wilmar International, CHS Inc, DuPont de Nemours, Cargill, Archer Daniels Midland Company, Golden Peanut Company, Sunflower Food Company, Butterball LLC |
| SEGMENTS COVERED | Type, Application |
| KEY MARKET OPPORTUNITIES | Health-conscious consumer trends, Rising demand for biodiesel, Growth in food industry usage, Expanding organic corn oil segment, Increasing e-commerce distribution channels |
| KEY MARKET DYNAMICS | rising health consciousness, increasing biofuel demand, price volatility, regulatory changes, competitive landscape |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The projected market value of the US Corn Oil Market in 2024 is 1.25 billion USD.
By 2035, the US Corn Oil Market is expected to grow to a value of 2.75 billion USD.
The expected CAGR for the US Corn Oil Market from 2025 to 2035 is 7.431%.
In 2024, the market value of the edible segment of the US Corn Oil Market is 0.75 billion USD.
The non-edible segment of the US Corn Oil Market is valued at 0.5 billion USD in 2024.
Major players in the US Corn Oil Market include Pacific Ethanol, Bunge North America, and Cargill among others.
By 2035, the market value of the edible segment of the US Corn Oil Market is expected to reach 1.65 billion USD.
The non-edible segment of the US Corn Oil Market is anticipated to grow to 1.1 billion USD by 2035.
Key growth drivers for the US Corn Oil Market include increasing demand for edible oils and various industrial applications.
Emerging trends impacting the US Corn Oil Market include a rising focus on sustainable sourcing and health-conscious consumer preferences.
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