Product Code: ETC220346 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Corn Oil Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 4.64% in 2025, growth builds up to 6.05% by 2029.
By 2027, Malaysia's Corn Oil market is forecasted to achieve a growing growth rate of 5.35%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Malaysia corn oil market is experiencing steady growth due to its versatility and health-conscious consumer preferences. Corn oil, known for its low saturated fat content, is a popular choice for cooking and frying. Additionally, the growing awareness of the health benefits of corn oil is driving its consumption. The market is expected to see further expansion, fueled by the food industry`s demand for healthier cooking oils and the increasing trend of home cooking.
The Malaysia corn oil market is expected to witness steady growth in the coming years. Several factors are driving this growth. Firstly, the increasing awareness of the health benefits associated with corn oil, such as its low saturated fat content and high levels of polyunsaturated fats, is leading to a higher demand for this cooking oil among health-conscious consumers. Additionally, the growth of the food processing industry in Malaysia is boosting the demand for corn oil as an ingredient in various processed foods. Moreover, the expanding population and rising disposable incomes in Malaysia are further propelling the consumption of cooking oils, including corn oil.
The corn oil market faces challenges like competition from other cooking oils and concerns regarding the health implications of using corn oil in cooking. Consumer preferences for healthier alternatives and the need for effective marketing strategies to counter these concerns are crucial factors for the industry`s growth.
The corn oil market in Malaysia experienced fluctuations during the pandemic. At the onset of the crisis, there was a surge in demand for cooking oils, including corn oil, as consumers stocked up on essential food items. This led to a temporary boost in sales. However, as the economic impact of the pandemic unfolded, consumer spending patterns changed, and there was a shift towards more economical options. Additionally, disruptions in the supply chain and logistics posed challenges for the corn oil market, impacting both production and distribution.
The Malaysia Corn Oil market is witnessing increased demand for healthier cooking oils. Key players in this market include well-known brands like Lam Soon, Sime Darby Oils, and Carotino. These companies offer a range of corn oil products that cater to the health-conscious consumers in Malaysia.
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 Malaysia Corn Oil Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Corn Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Corn Oil Market - Industry Life Cycle |
3.4 Malaysia Corn Oil Market - Porter's Five Forces |
3.5 Malaysia Corn Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Malaysia Corn Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Malaysia Corn Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia 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 demand for corn oil in food processing industry due to its health benefits and versatility |
4.2.3 Rising disposable income and changing lifestyles driving higher consumption of convenience foods containing corn oil |
4.3 Market Restraints |
4.3.1 Fluctuating prices of corn due to weather conditions and global market dynamics impacting the cost of production |
4.3.2 Competition from other vegetable oils like palm oil, soybean oil, and sunflower oil in the market |
4.3.3 Regulatory challenges and labeling requirements affecting the marketing and distribution of corn oil |
5 Malaysia Corn Oil Market Trends |
6 Malaysia Corn Oil Market, By Types |
6.1 Malaysia Corn Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Corn Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Malaysia Corn Oil Market Revenues & Volume, By Edible, 2021-2031F |
6.1.4 Malaysia Corn Oil Market Revenues & Volume, By Non-Edible, 2021-2031F |
6.2 Malaysia Corn Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Corn Oil Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Malaysia Corn Oil Market Revenues & Volume, By Biofuel, 2021-2031F |
6.2.4 Malaysia Corn Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Malaysia Corn Oil Market Revenues & Volume, By Others , 2021-2031F |
6.3 Malaysia Corn Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Corn Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 Malaysia Corn Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Malaysia Corn Oil Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.5 Malaysia Corn Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Corn Oil Market Import-Export Trade Statistics |
7.1 Malaysia Corn Oil Market Export to Major Countries |
7.2 Malaysia Corn Oil Market Imports from Major Countries |
8 Malaysia Corn Oil Market Key Performance Indicators |
8.1 Consumer awareness and perception of health benefits associated with corn oil |
8.2 Number of new product launches incorporating corn oil in the Malaysian market |
8.3 Adoption rate of corn oil in various food applications and cuisines in Malaysia |
9 Malaysia Corn Oil Market - Opportunity Assessment |
9.1 Malaysia Corn Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Malaysia Corn Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Malaysia Corn Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Corn Oil Market - Competitive Landscape |
10.1 Malaysia Corn Oil Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Corn Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |