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US Corn Oil Market

ID: MRFR/FnB/17091-HCR
128 Pages
Snehal Singh
October 2025

US Corn Oil Market Research Report: By Type (Edible, Non-edible) and By Application (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, Animal Feed, Industrial, Biodiesel) - Forecast to 2035

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US Corn Oil Market Infographic
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US Corn Oil Market Summary

As per MRFR analysis, the US corn oil market Size was estimated at 1239.0 USD Million in 2024. The US corn oil market is projected to grow from 1328.21 USD Million in 2025 to 2663.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 7.2% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US corn oil market is experiencing a shift towards health-conscious and sustainable practices.

  • Health-conscious consumer trends are driving the demand for healthier cooking oils, particularly in the food processing segment.
  • Sustainability in agriculture is becoming increasingly important, influencing production methods and consumer choices.
  • The expansion into biofuels is emerging as a significant opportunity, particularly in the largest segment of food service.
  • Rising demand for plant-based oils and increased use in food processing are key drivers of market growth.

Market Size & Forecast

2024 Market Size 1239.0 (USD Million)
2035 Market Size 2663.0 (USD Million)

Major Players

Cargill (US), Archer Daniels Midland (US), Bunge (US), Wilmar International (SG), Louis Dreyfus Company (NL), CHS Inc. (US), Olam International (SG), Adams Group (US)

US Corn Oil Market Trends

The corn oil market is currently experiencing a dynamic phase characterized by evolving consumer preferences and increasing health consciousness. As individuals become more aware of dietary choices, there is a noticeable shift towards oils perceived as healthier alternatives. Corn oil, known for its high smoke point and favorable fatty acid profile, appears to be gaining traction among health-conscious consumers. Additionally, the rise of plant-based diets and cooking trends that emphasize lighter, healthier options may further bolster the demand for corn oil in various culinary applications. Moreover, the corn oil market is influenced by agricultural practices and sustainability concerns. Farmers are increasingly adopting innovative techniques to enhance crop yields while minimizing environmental impact. This shift towards sustainable farming practices may lead to a more stable supply chain, potentially affecting pricing dynamics. Furthermore, the growing interest in biofuels and renewable energy sources could create additional avenues for corn oil utilization, thereby expanding its market reach. Overall, the corn oil market seems poised for growth, driven by both consumer trends and agricultural advancements.

Health-Conscious Consumer Trends

There is a growing inclination among consumers towards healthier cooking oils, with corn oil being favored for its nutritional benefits. This trend is likely to continue as more individuals seek oils that align with their dietary preferences.

Sustainability in Agriculture

Innovative farming practices are being adopted to enhance corn production while addressing environmental concerns. This focus on sustainability may lead to a more reliable supply chain, positively impacting the corn oil market.

Expansion into Biofuels

The increasing interest in renewable energy sources is opening new opportunities for corn oil. Its potential use in biofuels could diversify applications and stimulate demand within the market.

US Corn Oil Market Drivers

Increased Use in Food Processing

The corn oil market is significantly influenced by its extensive use in food processing applications. As the food industry continues to evolve, manufacturers are increasingly incorporating corn oil into a variety of products, including snacks, margarine, and salad dressings. The corn oil market is projected to see a growth rate of around 4% in this segment, as food processors recognize the oil's stability and neutral flavor. Furthermore, the rising trend of convenience foods is likely to bolster demand for corn oil, as it is often used in ready-to-eat meals and packaged snacks. This trend indicates a robust future for corn oil in the food processing sector, as companies strive to meet consumer demands for quality and taste while maintaining cost-effectiveness.

Rising Demand for Plant-Based Oils

The corn oil market is experiencing a notable increase in demand for plant-based oils, driven by a shift in consumer preferences towards healthier cooking options. As more individuals seek alternatives to saturated fats, corn oil, with its favorable fatty acid profile, is becoming a preferred choice. In 2025, the market for corn oil is projected to grow by approximately 5% annually, reflecting this trend. The corn oil market is benefiting from the growing awareness of the health benefits associated with unsaturated fats, which are known to support heart health. Additionally, the versatility of corn oil in various culinary applications, from frying to baking, further enhances its appeal among consumers. This rising demand is likely to encourage producers to innovate and expand their product offerings, thereby strengthening the overall market position of corn oil.

Expansion of Organic Corn Oil Products

The corn oil market is witnessing a notable expansion in the availability of organic corn oil products. As consumers become more environmentally conscious and health-focused, the demand for organic options is on the rise. The corn oil market is adapting to this trend by increasing the production of organic corn oil, which is perceived as a premium product. This segment is expected to grow by approximately 7% in the coming years, as consumers are willing to pay a higher price for organic certifications. The expansion of organic corn oil not only caters to health-conscious consumers but also aligns with broader sustainability goals within the agricultural sector. This trend indicates a promising future for organic corn oil, as it captures the interest of a niche market segment that values quality and sustainability.

Growing Interest in Healthy Cooking Oils

The corn oil market is benefiting from a growing interest in healthy cooking oils among consumers. As health awareness rises, individuals are increasingly seeking oils that offer nutritional benefits without compromising flavor. Corn oil, known for its high smoke point and light taste, is becoming a staple in many households. The corn oil market is likely to see a surge in sales as more consumers opt for oils that are perceived as healthier alternatives to traditional cooking fats. In 2025, it is estimated that the market could expand by 6%, driven by this trend. This shift not only reflects changing dietary preferences but also highlights the potential for corn oil to capture a larger share of the cooking oil market as consumers prioritize health-conscious choices.

Technological Advancements in Oil Extraction

The corn oil market is being positively impacted by technological advancements in oil extraction methods. Innovations in extraction techniques, such as cold pressing and solvent extraction, are enhancing the efficiency and yield of corn oil production. The corn oil market is likely to benefit from these advancements, as they reduce production costs and improve oil quality. In 2025, it is anticipated that these technologies could lead to a 3% increase in overall production efficiency. Furthermore, improved extraction methods may also contribute to better sustainability practices, as they often require less energy and water. This evolution in extraction technology not only supports the growth of the corn oil market but also aligns with the increasing demand for high-quality, sustainably produced oils.

Market Segment Insights

By Type: Edible (Largest) vs. Non-edible (Fastest-Growing)

In the US corn oil market, the Edible segment holds the largest market share, largely driven by the increasing consumer preference for healthier cooking oils and the rise in demand for corn oil in food processing. This segment benefits from the strong presence of major brands and a diverse product range that appeals to health-conscious consumers. Meanwhile, the Non-edible segment, while smaller in market share, is recognized as the fastest-growing segment due to its applications in industries such as biofuels, cosmetics, and lubricants, reflecting a shift towards sustainable alternatives. The growth trends for the Edible segment are fueled by innovations in processing techniques and the surge of interest in plant-based diets. On the other hand, the Non-edible segment is experiencing rapid expansion owing to the rise in eco-friendly products and regulations promoting renewable resources. Increased research and development initiatives, along with strategic partnerships, are likely to further enhance the market presence of non-edible corn oil applications.

Edible (Dominant) vs. Non-edible (Emerging)

The Edible segment is characterized by its dominance in the US corn oil market, primarily due to health trends that emphasize the benefits of vegetable oils. Corn oil is often lauded for its high smoke point and favorable fatty acid profile, making it a preferred choice for frying and baking. This segment is well-established with a consistent demand from both consumers and food manufacturers. Conversely, the Non-edible segment is emerging as a significant player, driven by advancements in its applications beyond food. The increasing use of corn oil in biofuels, cosmetics, and other industrial uses is fostering growth, supported by a growing emphasis on sustainability and green chemistry, which is further enhancing its market appeal.

By Application: Food & Beverage (Largest) vs. Pharmaceuticals (Fastest-Growing)

In the US corn oil market, the Food & Beverage segment commands the largest share, driven by the wide utilization of corn oil in cooking and food production. This application accounts for a significant portion of the market, attributed to the rising consumer demand for healthy cooking oils. Following closely, the Pharmaceuticals segment has emerged as an important player, leveraging corn oil's versatility in medicinal applications. This segment reflects growing interest in natural and organic ingredients in pharmaceuticals, emphasizing health benefits further promoting its adoption. The growth trends in the US corn oil market indicate a shift towards more health-conscious consumers. The Food & Beverage sector is influenced by increasing awareness about dietary choices and the benefits of using corn oil for heart health. Meanwhile, the Pharmaceuticals sector is experiencing rapid expansion, driven by innovation and the increasing preference for natural ingredients in products. Other segments like Cosmetics & Personal Care, Animal Feed, Industrial applications, and Biodiesel continue to play supportive roles, but Food & Beverage and Pharmaceuticals remain at the forefront of market dynamics.

Food & Beverage (Dominant) vs. Pharmaceuticals (Emerging)

The Food & Beverage segment is characterized by its extensive use of corn oil in various cooking and processing applications. It dominates the US corn oil market due to its widespread recognition as a healthier alternative to other oils, driven by consumer preferences for low-fat and heart-safe cooking options. In contrast, the Pharmaceuticals segment, while still emerging, is gaining traction as manufacturers increasingly incorporate corn oil into formulations for its favorable properties. This segment benefits from trends advocating for natural products and sustainability, allowing it to carve out a growing niche in health and wellness. Together, these segments highlight the diverse applicability of corn oil, showcasing both its traditional dominance and its potential for innovation in new markets.

Get more detailed insights about US Corn Oil Market

Key Players and Competitive Insights

The corn oil market in the US is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Cargill (US), Archer Daniels Midland (US), and Bunge (US) are actively pursuing strategies that emphasize operational efficiency and market responsiveness. Cargill (US) has focused on enhancing its supply chain capabilities, while Archer Daniels Midland (US) has invested in digital transformation initiatives to streamline operations. Bunge (US) appears to be concentrating on expanding its product portfolio to include more sustainable options, thereby aligning with consumer preferences for healthier and environmentally friendly products. Collectively, these strategies contribute to a dynamic competitive environment where adaptability and innovation are paramount.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce transportation costs and enhance supply chain resilience. This approach is particularly relevant in a moderately fragmented market where regional players also exert influence. The competitive structure is shaped by the presence of both large multinationals and smaller, niche players, creating a diverse landscape that fosters competition on multiple fronts, including price, quality, and sustainability.

In October 2025, Cargill (US) announced a partnership with a leading agricultural technology firm to develop precision farming solutions aimed at optimizing corn oil production. This strategic move is significant as it not only enhances Cargill's operational efficiency but also positions the company as a leader in adopting technology to improve yield and reduce environmental impact. Such initiatives are likely to resonate well with stakeholders increasingly concerned about sustainability in agricultural practices.

In September 2025, Archer Daniels Midland (US) launched a new line of organic corn oil products, responding to the growing consumer demand for organic and non-GMO options. This product launch is indicative of the company's commitment to innovation and market responsiveness. By diversifying its product offerings, Archer Daniels Midland (US) aims to capture a larger share of the health-conscious consumer segment, thereby strengthening its competitive position in the market.

In August 2025, Bunge (US) expanded its operations by acquiring a regional corn oil producer, which is expected to enhance its market presence and operational capabilities. This acquisition is strategically important as it allows Bunge (US) to leverage existing distribution networks and customer relationships, thereby accelerating its growth trajectory in the corn oil sector. Such consolidation efforts may also lead to increased market share and improved economies of scale.

As of November 2025, the corn oil market is witnessing trends that emphasize digitalization, sustainability, and the integration of artificial intelligence in production processes. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is becoming increasingly evident. Companies that prioritize innovation and sustainability are likely to differentiate themselves in a market that is evolving rapidly, suggesting a future where competitive advantage is defined by the ability to adapt and innovate.

Key Companies in the US Corn Oil Market market include

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.

Future Outlook

US Corn Oil Market Future Outlook

The corn oil market is projected to grow at a 7.2% CAGR from 2024 to 2035, driven by rising health consciousness, demand for biofuels, and food industry innovations.

New opportunities lie in:

  • Expansion of organic corn oil product lines
  • Development of sustainable packaging solutions
  • Investment in advanced extraction technologies

By 2035, the corn oil market is expected to achieve robust growth and increased market share.

Market Segmentation

US Corn Oil Market Type Outlook

  • Edible
  • Non-edible

US Corn Oil Market Application Outlook

  • Food & Beverage
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Animal Feed
  • Industrial
  • Biodiesel

Report Scope

MARKET SIZE 2024 1239.0(USD Million)
MARKET SIZE 2025 1328.21(USD Million)
MARKET SIZE 2035 2663.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.2% (2024 - 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 Million
Key Companies Profiled Cargill (US), Archer Daniels Midland (US), Bunge (US), Wilmar International (SG), Louis Dreyfus Company (NL), CHS Inc. (US), Olam International (SG), Adams Group (US)
Segments Covered Type, Application
Key Market Opportunities Growing demand for sustainable and health-conscious cooking oils presents opportunities in the corn oil market.
Key Market Dynamics Rising consumer preference for healthier cooking oils drives demand and innovation in the corn oil market.
Countries Covered US

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FAQs

What is the projected market value of the US Corn Oil Market in 2024?

The projected market value of the US Corn Oil Market in 2024 is 1.25 billion USD.

How much is the US Corn Oil Market expected to grow by 2035?

By 2035, the US Corn Oil Market is expected to grow to a value of 2.75 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Corn Oil Market from 2025 to 2035?

The expected CAGR for the US Corn Oil Market from 2025 to 2035 is 7.431%.

What is the market value of the edible segment of the US Corn Oil Market in 2024?

In 2024, the market value of the edible segment of the US Corn Oil Market is 0.75 billion USD.

How much is the non-edible segment of the US Corn Oil Market valued in 2024?

The non-edible segment of the US Corn Oil Market is valued at 0.5 billion USD in 2024.

Who are the major players in the US Corn Oil Market?

Major players in the US Corn Oil Market include Pacific Ethanol, Bunge North America, and Cargill among others.

What will be the market value of the edible segment by 2035?

By 2035, the market value of the edible segment of the US Corn Oil Market is expected to reach 1.65 billion USD.

What is the expected market value of the non-edible segment by 2035?

The non-edible segment of the US Corn Oil Market is anticipated to grow to 1.1 billion USD by 2035.

What are the key growth drivers for the US Corn Oil Market?

Key growth drivers for the US Corn Oil Market include increasing demand for edible oils and various industrial applications.

What emerging trends are impacting the US Corn Oil Market?

Emerging trends impacting the US Corn Oil Market include a rising focus on sustainable sourcing and health-conscious consumer preferences.

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