South Korea Corn Germ Oil Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Refined Corn Germ Oil, Unrefined Corn Germ Oil), By Application (Food Industry, Cosmetics, Pharmaceuticals, Animal Feed, and Others), and South Korea Corn Germ Oil Market Insights, Industry Trend, Forecasts to 2035

South Korea Corn Germ Oil Market Insights Forecasts to 2035

• The South Korea Corn Germ Oil Market size is Expected to Grow at a CAGR of around 5.11% from 2025 to 2035
• The South Korea Corn Germ Oil Market size is expected to hold a significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Corn Germ Oil Market is anticipated to grow at a CAGR of 5.11% from 2025 to 2035. The market is driven by increasing demand for heart-healthy, non-GMO edible oils in the food industry. Its rising use in cosmetics and pharmaceuticals due to antioxidant and skin-nourishing properties further supports market growth.

Market Overview

The South Korea corn germ oil market encompasses the production, import, refining, and sale of oil acquired from the germ of corn kernels, which can be used for food, cosmetic and pharmaceuticals, and animal feed. In South Korea, there is increasing growth and demand for refined corn germ oil given rising consumer expenditure and healthcare concerns for healthier, non-GMO food options related to overall heart health. Refined corn germ oil is becoming increasingly noticed for its mild taste, high smoke point, and cholesterol-lowering properties for cooking and food processing purposes. Unrefined corn germ oils, which exhibit higher levels of antioxidants, are also increasingly visible in health and skincare applications and therapeutic products. While the country heavily relies upon imports, there are growing demands for local corn germ oil production due to advances in refining capacity and clean-label based preferences. The market demand is also buoyed up by growing multifunctional applications and a shift toward using plant-based and sustainable ingredients overall.

Report Coverage

This research report categorizes the market for the South Korea corn germ oil market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea corn germ oil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea corn germ oil market.

Driving Factors

The growing interest of consumers for healthier edible oils that are cholesterol-free and contain essential fatty acids is driving growth in the South Korea corn germ oil market. Consumer interest in heart health, demand for non-GMO and clean-label products, and increasing acceptance of plant-based diets are all factors driving growth. The antioxidant-rich oil profile will also support the growth of corn germ oil in cosmetics and pharmaceuticals. Technological advancements made in extracting and refining oil offer improved product quality and expanded choices of oil application.

Restraining Factors

The South Korea corn germ oil market is restrained, due to limited domestic corn production and reliance on imports for most raw material. Additionally, corn germ oil faces stiff competition from established edible oils such as soybean oil and palm oil that are produced in the country. With a rapidly changing corn market globally, pricing and the availability of organic market value, can create a lack of consistency in the practice and growth of the market.

Market Segmentation

The South Korea corn germ oil market share is classified into product type and application.

• The refined corn germ oil segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea corn germ oil market is segmented by product type into refined corn germ oil and unrefined corn germ oil. Among these, the refined corn germ oil segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This growth come from its increasing popularity in cooking and processed foods, mild flavor, and positive nutritional profile.

• The food industry segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea corn germ oil market is segmented by application into food industry, cosmetics, pharmaceuticals, animal feed, and others. Among these, the food industry segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to increasing demand for healthy edible oils for household cooking, restaurants and packaged food.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea corn germ oil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Archer Daniels Midland Company
• Cargill, Incorporated
• Bunge Limited
• Tate & Lyle PLC           
• COFCO Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea corn germ oil market based on the below-mentioned segments:

South Korea Corn Germ Oil Market, By Product Type

• Refined Corn Germ Oil
• Unrefined Corn Germ Oil             

South Korea Corn Germ Oil Market, By Application

• Food Industry
• Cosmetics
• Pharmaceuticals
• Animal Feed
• Others