Insights on the Global Maize Oil Market 2020–2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

Technavio has been monitoring the maize oil market and it is poised to grow by USD 1.83 billion during 2020–2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• At what CAGR is the market projected to grow during the forecast period 2020–2024?
• Growing at a CAGR of over 7%, the market growth will accelerate during the forecast period of 2020–2024.
• What is the key factor driving the market?
• Applications of maize oil in cosmetics products is one of the key factors driving market growth.
• What are the top players in the market?
• Abu Dhabi Vegetable Oil Co., Archer Daniels Midland Co., Associated British Foods Plc, Cargill Inc., Conagra Brands Inc., Greenfield Global Inc., NutriAsia Inc., The J. M. Smucker Co., United Wisconsin Grain Producers LLC, and Wilmar International Ltd. are some of the major market participants.
• Which region is expected to hold the highest market share in the market?
• North America
• What is the major trend of the market?
• Use of maize oil in the production of bioplastic is a major growth factor for the market.
• What is the year-over-year growth rate of the global market?
• The year-over year growth rate for 2020 is estimated at 6.90%.

The market is moderately fragmented, and the degree of will accelerate during the forecast period. Abu Dhabi Vegetable Oil Co., Archer Daniels Midland Co., Associated British Foods Plc, Cargill Inc., Conagra Brands Inc., Greenfield Global Inc., NutriAsia Inc., The J. M. Smucker Co., United Wisconsin Grain Producers LLC, and Wilmar International Ltd. are some of the major market participants. The applications of maize oil in cosmetics products will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in fast-growing segments, while maintaining their position in the slow-growing segments.

Maize Oil Market 2020–2024: Segmentation

Maize Oil Market is segmented as below:

• Type
• Geography
• Edible
• Non-edible
• APAC
• North America
• Europe
• South America
• MEA

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Maize Oil Market 2020–2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our maize oil market report covers the following areas:

• Maize Oil Market size
• Maize Oil Market trends
• Maize Oil Market analysis

This study identifies use of maize oil in the production of bioplastic as one of the prime reasons driving the maize oil market growth during the next few years.

Maize Oil Market 2020–2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the maize oil market, including some of the vendors such as Abu Dhabi Vegetable Oil Co., Archer Daniels Midland Co., Associated British Foods Plc, Cargill Inc., Conagra Brands Inc., Greenfield Global Inc., NutriAsia Inc., The J. M. Smucker Co., United Wisconsin Grain Producers LLC, and Wilmar International Ltd. Backed with competitive intelligence and benchmarking, our research reports on the maize oil market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.