Corn Oil Market Report 2026

The corn oil market size has grown strongly in recent years. It will grow from $6.12 billion in 2025 to $6.56 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to expansion of corn processing industries, increasing consumption of vegetable oils, growth of packaged food sector, availability of large-scale corn production, adoption of refined edible oils.

The corn oil market size is expected to see strong growth in the next few years. It will grow to $8.63 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing demand for plant-based oils, rising biodiesel production initiatives, expansion of cosmetic and pharmaceutical applications, growing focus on non-gmo and organic oils, increasing industrial lubricant applications. Major trends in the forecast period include rising demand for healthier cooking oils, increasing adoption of refined and organic corn oil, expansion of industrial and biodiesel applications, growing use in processed food manufacturing, enhanced focus on oil purity and stability.

The increasing need for chemical-free food products is expected to propel the growth of the corn oil market going forward. Chemical-free food products are those produced without synthetic pesticides, herbicides, or artificial chemical inputs. Rising health consciousness, growing environmental concerns, and regulatory shifts toward sustainable agricultural practices are driving demand for chemical-free and naturally sourced foods. Corn oil is widely used in chemical-free food products due to its natural extraction process and versatility, making it a preferred option for cooking, baking, and food processing. For instance, in May 2024, according to the Organic Trade Association (OTA), a US-based trade association for the organic industry, U.S. sales of certified organic products reached $69.7 billion in 2023, with organic food sales alone totaling $63.8 billion. This highlights strong and sustained consumer preference for chemical-free and natural food products. Therefore, the increasing need for chemical-free food products is driving the growth of the corn oil market.

Major companies operating in the corn oil market are focusing on innovative technological solutions, such as next-generation cellulase enzymes, to improve distillers corn oil recovery and enhance ethanol production efficiency. Cellulase enzymes act as biological catalysts that break down cellulose into simpler sugars, enabling more efficient oil extraction from corn biomass compared to traditional mechanical or chemical methods, which often leave recoverable oil behind. For example, in November 2025, IFF, a US-based biosciences company, launched OPTIMASH BOOST, an advanced cellulase enzyme developed specifically to improve distillers corn oil recovery. This enzyme features enhanced hydrolytic activity that helps ethanol plants extract more oil from residual biomass while maintaining operational efficiency. OPTIMASH BOOST is engineered to perform reliably under industrial fermentation conditions, delivering benefits such as higher oil yields, reduced processing time, and improved overall profitability, particularly for ethanol facilities seeking to maximize co-product value.

In June 2023, Viterra Limited, a Netherlands-based agriculture company, announced its merger with Bunge Global SA for $18 billion. This merger is set to enhance their global presence and operational synergies, strengthening their position in the corn oil market and the broader vegetable oil sector. Bunge Global SA, a U.S.-based food company, provides corn oil.

Major companies operating in the corn oil market are Cargill Incorporated, Archer Daniels Midland Company, Wilmar International Ltd., Bunge Limited, Associated British Foods, ConAgra Brands Inc, Ingredion Incorporated, Savola Group, IFFCO, Roquette Frères, Richardson International, ACH Food Companies Inc., Lam Soon Edible Oils Sdn. Bhd., Greenfield Global, Grain Processing Corporation, Taj Agro International, Abu Dhabi Vegetable Oil Company LLC, Henry Lamotte Oils GmbH, Saporito Foods Inc., Cairo Oil And Soap, Bluecraft Agro, Elburg Global.

North America was the largest region in the corn oil market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the corn oil market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the corn oil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The corn oil market consists of sales of organic corn oil, cold-pressed corn oil, high-oleic corn oil, blended corn oil, and genetically modified organism (GMO)-free corn oil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.