| Product Code: ETC5012528 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to be a key destination for corn oil imports, with significant shipments coming from Ukraine, Hungary, Bulgaria, Greece, and Metropolitan France in 2024. The market witnessed a substantial increase in concentration levels from high to very high in just one year, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 22.65% from 2020 to 2024 highlights the growing demand for corn oil in Cyprus. Moreover, the remarkable growth rate of 30.99% from 2023 to 2024 suggests a thriving market with opportunities for both suppliers and traders to capitalize on the increasing consumer preference for corn oil.

In the Europe region, the Corn Oil market in Cyprus is projected to expand at a stable growth rate of 1.13% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

The corn oil market in Cyprus is gaining traction as consumers prioritize healthier cooking oils and fats. Corn oil is recognized for its light flavor and high smoke point, making it suitable for various cooking methods, including frying and baking. The growing awareness of the health benefits of plant-based oils is driving demand for corn oil among health-conscious consumers. As the market for cooking oils continues to evolve, the corn oil segment is expected to expand, offering a range of healthy cooking options.
The corn oil market in Cyprus is expanding due to the increasing demand for healthy cooking oils. Corn oil is gaining popularity due to its health benefits, including its high content of unsaturated fats, making it a preferred choice for health-conscious consumers.
The Corn Oil market in Cyprus encounters challenges related to fluctuating raw material prices and competition from other cooking oils. As consumers become more health-conscious, the demand for corn oil may face pressures from alternative oils perceived as healthier. Additionally, the market`s reliance on agricultural production can lead to variability in supply, impacting pricing stability. Regulatory compliance concerning food safety and labeling also poses challenges for manufacturers striving to maintain market share.
Government policies supporting the agricultural sector encourage corn oil production in Cyprus. EU food safety and health regulations play a key role in ensuring the quality and safety of corn oil products.
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 Cyprus Corn Oil Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Corn Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Corn Oil Market - Industry Life Cycle |
3.4 Cyprus Corn Oil Market - Porter's Five Forces |
3.5 Cyprus Corn Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Corn Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Corn Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Corn Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Corn Oil Market Trends |
6 Cyprus Corn Oil Market Segmentations |
6.1 Cyprus Corn Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Corn Oil Market Revenues & Volume, By Edible, 2021-2031F |
6.1.3 Cyprus Corn Oil Market Revenues & Volume, By Non-Edible, 2021-2031F |
6.2 Cyprus Corn Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Corn Oil Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Cyprus Corn Oil Market Revenues & Volume, By Biofuel, 2021-2031F |
6.2.4 Cyprus Corn Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Cyprus Corn Oil Market Revenues & Volume, By Others , 2021-2031F |
6.3 Cyprus Corn Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Corn Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 Cyprus Corn Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Cyprus Corn Oil Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.5 Cyprus Corn Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Corn Oil Market Import-Export Trade Statistics |
7.1 Cyprus Corn Oil Market Export to Major Countries |
7.2 Cyprus Corn Oil Market Imports from Major Countries |
8 Cyprus Corn Oil Market Key Performance Indicators |
9 Cyprus Corn Oil Market - Opportunity Assessment |
9.1 Cyprus Corn Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Corn Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Corn Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Corn Oil Market - Competitive Landscape |
10.1 Cyprus Corn Oil Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Corn Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |