Product Code: ETC5012537 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Corn Oil Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 17.52% in 2025, growth builds up to 18.56% by 2029.
The corn oil market in Ethiopia is growing as health-conscious consumers turn to vegetable oils for cooking and frying. Corn oil, known for its mild flavor and high smoking point, is widely used in food preparation and industrial applications. The rise in middle-class income, urbanization, and changing dietary habits are driving the demand for corn oil, making it a key player in the edible oil market in Ethiopia.
The corn oil market in Ethiopia is growing due to increasing consumer awareness of healthier cooking oils and the rise in urbanization. The market is driven by demand from both households and the foodservice industry. Locally produced and imported corn oil products compete, with opportunities for investment in local production facilities.
The Ethiopia Corn Oil Market is constrained by limited domestic production capacity for corn and the reliance on imports for raw materials. The high cost of imported corn oil due to currency fluctuations and transportation issues adds to the market`s challenges. Additionally, the lack of local processing facilities limits the value-added production of corn oil, which could reduce reliance on imports. Market growth is also slowed by limited consumer awareness regarding the health benefits and diverse uses of corn oil.
The Ethiopian government is supporting the growth of the corn oil market, particularly due to the increasing demand for vegetable oils in both food and industrial sectors. Policies aim to promote local production of corn oil by providing incentives for farmers and processors. The government is also encouraging the adoption of sustainable farming practices and efficient oil extraction methods to enhance the market`s competitiveness.
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 Ethiopia Corn Oil Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Corn Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Corn Oil Market - Industry Life Cycle |
3.4 Ethiopia Corn Oil Market - Porter's Five Forces |
3.5 Ethiopia Corn Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Ethiopia Corn Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ethiopia Corn Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Ethiopia Corn Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Corn Oil Market Trends |
6 Ethiopia Corn Oil Market Segmentations |
6.1 Ethiopia Corn Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Corn Oil Market Revenues & Volume, By Edible, 2021-2031F |
6.1.3 Ethiopia Corn Oil Market Revenues & Volume, By Non-Edible, 2021-2031F |
6.2 Ethiopia Corn Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Corn Oil Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Ethiopia Corn Oil Market Revenues & Volume, By Biofuel, 2021-2031F |
6.2.4 Ethiopia Corn Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Ethiopia Corn Oil Market Revenues & Volume, By Others , 2021-2031F |
6.3 Ethiopia Corn Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Corn Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 Ethiopia Corn Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Ethiopia Corn Oil Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.5 Ethiopia Corn Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Ethiopia Corn Oil Market Import-Export Trade Statistics |
7.1 Ethiopia Corn Oil Market Export to Major Countries |
7.2 Ethiopia Corn Oil Market Imports from Major Countries |
8 Ethiopia Corn Oil Market Key Performance Indicators |
9 Ethiopia Corn Oil Market - Opportunity Assessment |
9.1 Ethiopia Corn Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Ethiopia Corn Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ethiopia Corn Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Ethiopia Corn Oil Market - Competitive Landscape |
10.1 Ethiopia Corn Oil Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Corn Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |