Product Code: ETC220354 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Myanmar Corn Oil Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 0.75% in 2025, growth softens to -1.17% in 2029.
The Corn Oil market in Myanmar is projected to grow at a negative growth rate of -1.06% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The corn oil market in Myanmar is driven by the country`s robust agricultural sector, with corn being a major crop. Corn oil, valued for its neutral flavor and high smoke point, is widely used in cooking and food processing industries. With increasing health consciousness among consumers, the demand for healthier cooking oils such as corn oil is expected to rise, further propelling market growth.
In Myanmar, the Corn Oil market is witnessing steady growth due to the increasing adoption of healthy cooking oils and the expanding foodservice industry. Corn oil, extracted from corn germ, is valued for its high smoke point and neutral flavor, making it suitable for frying and cooking applications. The growing health consciousness among consumers, coupled with the rising prevalence of cardiovascular diseases, drives the demand for corn oil as a healthier alternative to traditional cooking oils. Moreover, the expanding hospitality sector and foodservice establishments further contribute to the consumption of corn oil in Myanmar.
Challenges in the Myanmar Corn Oil market may include market saturation due to competition from other vegetable oils like palm oil or soybean oil. Additionally, concerns regarding the health effects of consuming refined corn oil could influence consumer preferences and demand.
Regulations concerning food safety, labeling requirements, and import/export controls may shape the corn oil market in Myanmar. Agricultural policies related to corn cultivation and processing may also influence the availability and pricing of corn oil domestically.
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 Myanmar Corn Oil Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Corn Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Corn Oil Market - Industry Life Cycle |
3.4 Myanmar Corn Oil Market - Porter's Five Forces |
3.5 Myanmar Corn Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Myanmar Corn Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Myanmar Corn Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Myanmar 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 for its high smoke point and neutral flavor |
4.2.3 Rising disposable income and changing dietary preferences driving the consumption of corn oil |
4.3 Market Restraints |
4.3.1 Fluctuating prices of corn impacting the production cost of corn oil |
4.3.2 Competition from other vegetable oils such as soybean oil and sunflower oil |
4.3.3 Regulatory challenges and quality control issues in the supply chain affecting the market growth |
5 Myanmar Corn Oil Market Trends |
6 Myanmar Corn Oil Market, By Types |
6.1 Myanmar Corn Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Corn Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Myanmar Corn Oil Market Revenues & Volume, By Edible, 2021-2031F |
6.1.4 Myanmar Corn Oil Market Revenues & Volume, By Non-Edible, 2021-2031F |
6.2 Myanmar Corn Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Corn Oil Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Myanmar Corn Oil Market Revenues & Volume, By Biofuel, 2021-2031F |
6.2.4 Myanmar Corn Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Myanmar Corn Oil Market Revenues & Volume, By Others , 2021-2031F |
6.3 Myanmar Corn Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Corn Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 Myanmar Corn Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Myanmar Corn Oil Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.5 Myanmar Corn Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Myanmar Corn Oil Market Import-Export Trade Statistics |
7.1 Myanmar Corn Oil Market Export to Major Countries |
7.2 Myanmar Corn Oil Market Imports from Major Countries |
8 Myanmar Corn Oil Market Key Performance Indicators |
8.1 Average selling price of corn oil in Myanmar |
8.2 Consumer awareness and perception of corn oil as a healthier alternative |
8.3 Adoption rate of corn oil by food processing companies in Myanmar |
9 Myanmar Corn Oil Market - Opportunity Assessment |
9.1 Myanmar Corn Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Myanmar Corn Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Myanmar Corn Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Myanmar Corn Oil Market - Competitive Landscape |
10.1 Myanmar Corn Oil Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Corn Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |