Middle East & Africa Corn Oil Market Outlook, 2028

In Middle East and Africa there is a growing demand for healthier cooking oils like corn oil. Its low saturated fat content and suitability for various cooking methods make it a popular choice among health-conscious consumers and in the foodservice industry. Corn oil manufacturing in the Middle East and Africa region has witnessed significant growth in recent years, with several countries emerging as key production hubs. Egypt, for instance, has become a prominent player in corn oil manufacturing, due to its favorable climate for corn cultivation and its strategic location, allowing for easy access to both domestic and international markets. Iran and Turkey have made substantial investments in corn oil manufacturing. In order to meet evolving consumer needs, producers are emphasizing the creation of high-quality, non-GMO, and organic corn oil alternatives. In this industry, sustainable sourcing methods and eco-friendly packaging are also taking on greater significance, reflecting the general trend toward environmentally conscious consumerism. In Middle East and Africa, corn oil is essential in the creation of biodiesel, a sustainable and greener substitute for conventional fossil fuels. Because maize oil is a plentiful byproduct of the corn milling industry, it has become increasingly popular for use in the manufacturing of biodiesel.

According to the research report “Middle East & Africa Corn Oil Market Outlook, 2028," published by Bonafide Research, The market is projected to reach market size of near to USD 198 Million by 2028. In the Middle East and Africa, the consumption and usage of corn oil have been experiencing remarkable expansion, driving significant growth in the market. Consumers in the region are increasingly health-conscious and are seeking healthier cooking oil alternatives. Corn oil, known for its low saturated fat content and high levels of heart-healthy unsaturated fats, aligns perfectly with these preferences. Manufacturers are also responding to consumer demands by introducing a variety of corn oil-based products, such as salad dressings, mayonnaise, and margarine, which further stimulate market growth. The culinary landscape in the Middle East and Africa is diverse and evolving. Corn oil's neutral flavor and high smoke point make it versatile for a wide range of cooking techniques, from frying to baking, and it complements various traditional and international cuisines. Moreover, the Middle East and Africa market is witnessing a shift towards cleaner label and natural ingredients, and corn oil fits well into this paradigm. Many manufacturers are now offering premium and organic corn oil products to cater to consumers looking for healthier and more natural cooking oil options.

On the geography insights, the corn oil market is experiencing significant expansion in key Middle East and Africa (MEA) countries, including Saudi Arabia, the United Arab Emirates (UAE), and South Africa. In Saudi Arabia and the UAE, the rapid economic development and increasing urbanization have led to a shift in dietary habits towards more diverse and convenience-oriented foods. In South Africa, corn oil's popularity is also on the rise. The country's diverse cuisine includes fried foods, curries, and various traditional dishes, many of which utilize cooking oils extensively. Corn oil's neutral flavor and high smoke point make it an excellent option for these culinary applications. Furthermore, South Africa's growing awareness of health and nutrition is driving consumers to seek out healthier alternatives, boosting the consumption of corn oil. Additionally, these countries have seen investments in local corn cultivation and processing, reducing the dependence on imported corn oil and enhancing domestic production capabilities.

On the basis of Nature of Corn oil manufactures, the market is segmented into Conventional type and Organic type. Conventional corn oil has long been a staple in South American households and the food industry, holding the largest market share for cooking and culinary applications. However, a significant shift in consumer preferences and awareness of healthier, more sustainable options is reshaping the market landscape. Organic corn oil is gaining increasing popularity among consumers in South America due to its perceived health benefits and environmentally conscious production methods. This shift not only benefits individual health but also contributes to a more environmentally friendly and sustainable food supply chain. Organic corn oil's ascent in the market highlights the ever-changing dynamics of the food industry, where consumer preferences and values play a crucial role in shaping the future of products and markets.

According to the End- Users, the market is segmented into Households, Industrials, and Food Services. Among these, the household sector emerged as the largest market share holder for corn oil consumption. Households play a pivotal role in the corn oil market as they utilize this cooking oil for various culinary purposes such as frying, baking, sautéing, and salad dressings. Corn oil's neutral flavor and high smoke point make it a versatile choice in the kitchen, appealing to a wide range of home cooks and consumers. It is often preferred for its ability to deliver delicious and consistent results in home-cooked meals. The preference for corn oil in households can be attributed to its affordability, availability, and the familiarity of consumers with this cooking oil. Where cornstarch works to fortify hair meanwhile corn oil serves as a conditioner in shampoos and conditioners. In many situations, corn-based materials—including corn oil and bioprocessing-derived goods—make about 25% of soap's contents. An essential component in the creation of paints and coatings, particularly oil-based paints and varnishes, is corn oil. In the agricultural industry, corn oil is used to make pesticides and insecticides. It functions as a crucial solvent or carrier for the many active compounds employed in these products. When corn is transformed into ethanol, a biofuel largely used as a substitute for gasoline, corn oil is produced as a useful byproduct.



On the basis of Distributional channels, the corn oil distributional is segmented into Online and Offline modes. Through the Offline modes, the conventional stores lead the highest market share, following it the hypermarkets/supermarkets, direct sales and others. However, in recent years, there has been a noticeable shift in how consumers access and purchase corn oil. The online sales of corn oil in the Middle East and Africa are experiencing a significant expansion, marking a notable shift in consumer behavior and the region's evolving e-commerce landscape. This growth can be attributed to several key factors like the increasing adoption of digital technologies and the proliferation of smartphones have made it easier for consumers in the Middle East and Africa to access online shopping platforms. Furthermore, the convenience and accessibility of e-commerce platforms have played a pivotal role in driving the surge in corn oil sales online. Shoppers browse a wide variety of corn oil brands, compare prices, and read reviews from the comfort of their homes. This convenience factor is particularly appealing to busy urban populations in the region. Moreover, the COVID-19 pandemic accelerated the adoption of online shopping as people looked for safer and more convenient ways to purchase goods.

Considered in this report:
•Geography: Middle East and Africa
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report:
•Middle East and Africa Corn Oil Market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

Countries covered in the report:
•United Arab Emirates
•Saudi Arabia
•South Africa

By Nature:
•Conventional
•Organic

By End User:
•Household
•Industrial
•Food Service

By Distributional Channel:
•Conventional Store
•Hypermarket/Supermarket
•Direct Sales
•Online
•Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Corn Oil Market industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.