| Product Code: ETC220348 | Publication Date: Aug 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Indonesia`s import trend for corn oil showed an 8.16% growth rate compared to the previous year, following a compound annual growth rate (CAGR) of -16.77% from 2020 to 2023. This fluctuation may be attributed to evolving consumer preferences or shifts in trade policies impacting the market`s stability.

By 2027, the Corn Oil market in Indonesia is anticipated to reach a growth rate of 7.58%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Additionally, the Indonesia corn oil market has been on the rise, driven by its use in cooking and industrial applications. As the country is a major producer of corn, the market for corn oil has expanded, offering various opportunities for both domestic consumption and export.
The growth of the food processing industry in Indonesia is a major driver for the corn oil market. Corn oil is widely used in food preparation, including frying, baking, and salad dressings. As the food industry continues to expand, the demand for corn oil as a cooking medium and ingredient is expected to rise. Increasing awareness of health and wellness among consumers has led to a shift towards healthier cooking oil options. Corn oil is low in saturated fat and contains essential fatty acids like linoleic acid, making it a healthier choice compared to some other cooking oils. Health-conscious consumers seeking better dietary options are driving the demand for corn oil. Indonesia`s growing population, along with increasing urbanization, has led to changes in dietary habits and an increase in processed food consumption. As urban consumers opt for more convenient and packaged foods, the demand for corn oil in food processing is expected to rise. Corn oil finds applications in various non-food industries as well, including biodiesel production, pharmaceuticals, and cosmetics. The expanding industrial sectors that utilize corn oil as a raw material or ingredient contribute to its market growth.
The Indonesia Corn Oil Market also faces its share of challenges. One of the major concerns is the competition from other edible oils like palm oil and soybean oil. These oils are widely produced and consumed in Indonesia, making it challenging for corn oil to gain a significant market share. Moreover, changes in consumer preferences and health consciousness might also pose challenges for the corn oil market. With increasing awareness about healthier alternatives, consumers may shift away from traditional cooking oils, affecting the demand for corn oil.
Corn oil is a significant edible oil in Indonesia, utilized in cooking and various food preparations. The market`s growth may be influenced by factors such as the availability of alternative oils and consumer preferences.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Corn Oil Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Corn Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Corn Oil Market - Industry Life Cycle |
3.4 Indonesia Corn Oil Market - Porter's Five Forces |
3.5 Indonesia Corn Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Corn Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Corn Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Indonesia Corn Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a shift towards healthier cooking oils |
4.2.2 Growing awareness about the benefits of corn oil, such as its high levels of unsaturated fats |
4.2.3 Rising disposable incomes in Indonesia driving the demand for premium cooking oils |
4.3 Market Restraints |
4.3.1 Fluctuations in corn prices impacting the production cost of corn oil |
4.3.2 Competition from alternative cooking oils such as palm oil and soybean oil |
5 Indonesia Corn Oil Market Trends |
6 Indonesia Corn Oil Market, By Types |
6.1 Indonesia Corn Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Corn Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Indonesia Corn Oil Market Revenues & Volume, By Edible, 2021-2031F |
6.1.4 Indonesia Corn Oil Market Revenues & Volume, By Non-Edible, 2021-2031F |
6.2 Indonesia Corn Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Corn Oil Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Indonesia Corn Oil Market Revenues & Volume, By Biofuel, 2021-2031F |
6.2.4 Indonesia Corn Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Indonesia Corn Oil Market Revenues & Volume, By Others , 2021-2031F |
6.3 Indonesia Corn Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Corn Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 Indonesia Corn Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Indonesia Corn Oil Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.5 Indonesia Corn Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Corn Oil Market Import-Export Trade Statistics |
7.1 Indonesia Corn Oil Market Export to Major Countries |
7.2 Indonesia Corn Oil Market Imports from Major Countries |
8 Indonesia Corn Oil Market Key Performance Indicators |
8.1 Consumer awareness levels of the health benefits of corn oil |
8.2 Number of new product launches or innovations in the corn oil market |
8.3 Adoption rate of corn oil in cooking demonstrations or recipes |
8.4 Number of partnerships or collaborations with health organizations or influencers to promote corn oil |
8.5 Percentage growth in the usage of corn oil in restaurants or food services |
9 Indonesia Corn Oil Market - Opportunity Assessment |
9.1 Indonesia Corn Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Corn Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Corn Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Indonesia Corn Oil Market - Competitive Landscape |
10.1 Indonesia Corn Oil Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Corn Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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