USD 6.17 Billion
Corn Oil Market Size, Share, and Growth Analysis
Corn Oil Market By Product (Refined Corn Oil, Unrefined Corn Oil, and Cold-Pressed Corn Oil), By Processing Method (Expeller-Pressed, Solvent Extraction, and Others), By Application, By End User, By Region -Industry Forecast 2025-2032.
Report ID:
SQMIG30H2252 |
Region:
Global |
Published Date: July, 2025
Pages:
187
|Tables:
123
|Figures:
71
Format -
Corn Oil Market Insights
Global Corn Oil Market size was valued at USD 6.17 Billion in 2023 and is poised to grow from USD 6.64 Billion in 2024 to USD 12.04 Billion by 2032, growing at a CAGR of 7.69% in the forecast period (2025-2032).
Government subsidies, improvements in processing technology and shifting dietary preferences are driving the global corn oil market growth. Future governments worldwide are concentrating on the creation of food security initiatives and agricultural infrastructure, that promote the production and consumption of corn oil, especially in environmentally friendly and health-conscious cooking methods.
- For instance, to boost production of non-GMO, cold-pressed corn oil by 2024, the US extended, its Sustainable Agriculture Initiative by launching assistance programs, for corn oil producers. These programs lessen the carbon footprint associated with the production of edible oils and encourage cleaner extraction techniques. Up until 2025, government collaborations with businesses such as Cargill and Archer Daniels Midland, are anticipated to sustain infrastructure development for rural supply chains, and processing facilities. The program is part of the U.S.'s broader commitment to boost domestic agri-processing and promote healthier edible oil alternatives.
Numerous developments and innovations in the global corn oil industry have fueled technological advancement. Enzymatic degumming and cold-press extraction, technologies have revolutionized the refinement of corn oil, enabled cleaner labeling and increased nutritional retention. Manufacturers are maximizing oil quality, yield and shelf life in 2024 as automation and the Internet of Things become more widely used in processing facilities.
Why Is AI Integration Essential to the Production and Distribution of Next-Gen Corn Oil?
By facilitating more intelligent production, efficient distribution, and predictive demand forecasting, Artificial Intelligence (AI) is transforming the market and drastically altering the global corn oil market outlook. AI-driven platforms optimize harvest planning, extraction efficiency and inventory management, by analyzing data on market demand trends crop health, climate conditions and soil quality. This increases yield and ROI.
Key Midwest U.S. processing facilities implemented AI-powered analytics tools between 2024 and 2025, enabling producers to continuously monitor oil purity and modify refining procedures to reduce waste and energy consumption. Like this, a significant Brazilian corn oil producer used AI-enabled logistics in March 2025 to manage dynamic pricing models based on currency fluctuations and global commodity trends, as well as to expedite export operations.
Market snapshot - (2025-2032)
Global Market Size
Largest Segment
Refined Corn Oil
Fastest Growth
Cold-Pressed Corn Oil
Growth Rate
7.69% CAGR
Corn Oil Market ($ Bn)
Country Share for North America (%)
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Corn Oil Market Segments Analysis
The global corn oil market is segmented into product, application, processing method, end user, and region. By product, the market is classified into refined corn oil, unrefined corn oil, and cold-pressed corn oil. Depending on processing method, it is segmented into expeller-pressed, solvent extraction, and others. According to the application, the market is divided into culinary use, biodiesel production, cosmetics & personal care, pharmaceuticals, and animal feed. As per end user, it is categorized into households, food processing industries, restaurants & food service, and industrial users. Regionally, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Why Is Refined Corn Oil the Corn Oil Market Leader?
According to the global corn oil market analysis, refined corn oil is the market leader because of its widespread use in homes and the food processing industry, longer shelf life and widespread acceptance for high-temperature cooking. It is the preferred choice for extensive culinary use due to its neutral flavor, low cost, and widespread availability. For example, because of its affordability and reliable quality refined corn oil is still used in baking and frying by large food corporations like Nestlé and Kraft Heinz.
Due to growing consumer health consciousness and the desire, for organic and minimally processed oils, the cold-pressed corn oil segment is currently the one with the fastest rate of growth. Cold-pressed corn oil is more appealing, for high-end cooking and cosmetics/personal care formulations because it preserves more natural antioxidants, vitamins (such as vitamin E), and fatty acids. Boutique cold-pressed oil brands, which are frequently promoted as non-GMO, cholesterol-free substitutes that appeal to specialized consumer groups looking for natural and clean-label products, are rapidly expanding in countries like Germany, Japan, and South Korea.
Why Is Culinary Use the Market Leader for Corn Oil?
According to global corn oil industry analysis, due to its high smoke point, mild flavor and low cost, corn oil remains the market leader for culinary applications in homes, restaurants and the food processing sector. It is frequently used for marinades, salad dressings, baking and frying. Fast-food chains and international food brands mainly use corn oil because of its affordability and adaptability when cooking in large quantities. For example, refined corn oil's neutral flavor and long shelf life make it a popular choice for quick-service restaurants in Southeast Asia and the United States.However, due to the growing demand for alternative and sustainable fuel sources the production of biodiesel has become the application with the fastest rate of growth. To encourage the use of feedstocks such as corn oil for biodiesel, governments in North America and Europe have implemented policies that encourage the blending of biofuels. Manufacturers are increasingly looking into low-cost, waste-based oils such as used corn oil from the food industry, for conversion into clean-burning biofuels in response to the global push to reduce carbon emissions and reliance on fossil fuels. This dual-purpose opportunity is driving this segment's explosive growth.
Corn Oil Market By Product
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Corn Oil Market Regional Insights
Why Does North America Lead the Global Corn Oil Market?
As per corn oil market regional forecast, North America led the market, driven by high corn production, well-established agri-processing infrastructure, and widespread use of corn oil in food processing and household cooking. In 2025, strategic emphasis on non-GMO and expeller-pressed variants is expected to maintain North America’s leadership in global production and export.U.S. Corn Oil Market
The U.S. corn oil market is still robust and mature, due to extensive corn farming, sophisticated refining techniques, and expanding uses in the production of biodiesel. More than 70% of processed corn oil was used in homes, restaurants, and industrial cooking facilities in 2024, according to the USDA. Mandates for the blending of biodiesel in Iowa and California are also increasing demand for cleaner-burning, low-sulfur fuels made from corn oil.
Canada Corn Oil Market
The corn oil market in Canada is expanding gradually, especially in Ontario and Quebec because of growing consumer demand for organic and cold-pressed oils. In 2025, a few Canadian, companies started obtaining corn oil for natural personal, care products and environmentally friendly packaging. Growth in premium product categories is being accelerated by the Canadian government's push, for eco-labels and clean-label certifications.
Why is Corn Oil Market Expanding at the Fastest Rate in Asia-Pacific?
The market for corn oil grows at the fastest rate in Asia-Pacific due to factors like urbanization, shifting dietary habits and the growing usage of corn oil in commercial kitchens and street food culture. Growing health consciousness and government support for domestic edible oil production helped the Asia-Pacific corn oil market revenue reach USD 4.2 billion in 2024.
China Corn Oil Market
China is seeing a major uptick in refined corn oil usage across urban households and ready-to-eat food manufacturers. To meet domestic demand and lessen dependency on imports, COFCO Group made an investment in automated corn oil extraction facilities in 2025. Retail chains and cooking programs, with a wellness focus are actively promoting corn oils "light and healthy" image.
India Corn Oil Market
Growing heart health concerns and the rise of middle-class, health-conscious consumers are driving India's market's rapid expansion. To capitalize on local tastes for healthful cooking several FMCG companies, launched blended oils with corn oil at the beginning of 2025. Orders for corn oil increased by more than 30% during the 2024–2025 holiday seasons on e-commerce sites like BigBasket and Blinkit.
How Is Europe Juggling the Growth of Corn Oil with Sustainability?
The corn oil market in Europe is progressive but highly regulated and innovation is fueled by environmentally friendly processing techniques, and adherence to health regulations. As consumers move toward clean-label and plant-based cooking oils, the demand for organic, cold-pressed corn oil is rising throughout the region, especially in Germany, France, and the UK.
Germany Corn Oil Market
Germany is at the forefront of the adoption of cold-pressed and organic corn oil, due to biostores and vegan cooking trends. Local producers in Bavaria and Lower Saxony, implemented solar-powered refining units in 2025, in line with national targets to cut emissions from the food industry. Product strategy is being shaped by EU Green Deal compliance and health-focused marketing.
France Corn Oil Market
France is experiencing growth in the cosmetics and personal care segment, with brands using corn oil as a base for natural moisturizers and skin oils. Locally sourced corn oil increased because of the post-2024 surge in demand from eco-luxury wellness brands, particularly for formulations that were certified vegan and paraben-free.
UK Corn Oil Market
Corn oil market penetration in the UK is increasing steadily particularly because of plant-based and flexitarian diets. Large supermarket chains like Tesco and Sainsbury's increased the selection of private-label corn oil in 2024. The use of hybrid cooking oils and growing alignment with heart health campaigns continue to support growth.
Corn Oil Market By Geography
- Largest
- Fastest
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Corn Oil Market Dynamics
Corn Oil Market Drivers
Government Assistance Driving Market Growth
- The industrial use of corn oil is being driven by government initiatives that support the production of edible oil and the development of agri-processing infrastructure. Investment in large-scale facilities has been stimulated by incentives for sustainable oil refining and subsidies for the blending of biofuels. Additionally, because of its cost-effectiveness and functional versatility corn oil is being used more and more in mass production, by food and beverage manufacturers. These elements are supporting the growth of the corn oil market size, particularly in developing nations where industrialization is accelerating.
Health-Conscious Consumer Trends Fueling Market Expansion
- One of the main factors propelling the corn oil market is the growing global trend toward healthier lifestyles. Corn oil is becoming more and more, recognized as a heart-healthy substitute for conventional oils, due to its high content of polyunsaturated fats and low cholesterol. Particularly in urban markets, consumers are favoring cold-pressed and non-GMO varieties. With brands aiming for clean-label demand across geographies and introducing novel formulations, to appeal to health-conscious consumers, this trend is greatly boosting growth.
Corn Oil Market Restraints
Market revenue is limited by fluctuating corn prices.
- The cost of producing corn oil is directly impacted by fluctuations in global corn prices, which presents a significant obstacle for market participants. Major corn-producing nations may experience droughts, supply chain interruptions and export restrictions which could raise the cost of raw materials and lower oil refiners and manufacturers profitability. Particularly in areas that rely on imports and lack price control systems in the agricultural commodity sector this volatility impacts pricing strategies and restricts, steady growth in corn oil market revenue.
Growing Competition from Alternative Oils Impacting Market
- The demand for corn oil is seriously threatened by the growing acceptance of other edible oils, such as canola, sunflower and olive oil, which are frequently seen as healthier or more upscale. Strong branding and increased use in diets that emphasize wellness are advantages of these substitutes. Corn oil's hegemony is under threat as consumer tastes change and diversify, especially in urban markets. The corn oil industry outlook is being hampered by this heightened competition particularly in developed areas where dietary trends change swiftly.
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Corn Oil Market Competitive Landscape
The global corn oil industry is rife with fierce competition between regional and international players vying for innovation and growth. Market leaders are making investments in clean-label product lines, biofuel partnerships and sophisticated extraction technologies to maintain their lead. Businesses are using mergers and acquisitions to expand their operations, reach new markets, and diversify their product lines. Additionally, brands can satisfy a wide range of consumer preferences thanks to strategic alliances with regional producers and tailored product formulations. Through innovation, sustainability and market leadership, these corn oil market strategies are creating the foundation for sustained success.
- Founded in 2020, Damon Organic, recognized as one of the top cold-pressed oil startups globally. Offers a mix of cold-pressed oils (groundnut, sesame, coconut, sunflower, and notably corn germ oil) using traditional low-heat techniques. Rapid growth especially during pandemic-driven wellness surge.
- Founded in 2016, Gramiyaa, a Bengaluru-based vertically integrated cold-pressed oil brand, including corn oil, that raised ₹7.2 Crore in pre-Series A in March 2025. Produces ~400,000 L/month, with ₹36 Crore ARR projected by March 2025. They emphasize non-GMO, consistent quality, and use D2C and quick-commerce channels.
Top Player’s Company Profiles
- Archer Daniels Midland (ADM)
- Cargill Inc
- Bunge Limited
- Wilmar International Limited
- Louis Dreyfus Company
- Conagra Brands, Inc.
- Associated British Foods
- Bluecraft Agro
- Grain Processing Corporation
- Greenfield Specialty Alcohols
- Ingredion Incorporated
- Richardson International
- Roquette Freres
- Borges Mediterranean Group
Recent Developments in Corn Oil Market
- In May 2025, ADM reported segment operating profit of $747 million, with continued focus on Ag Services and Oilseeds, though the segment faced margin pressures due to increased costs and policy uncertainties.
- In May 2025, Bunge continues to be listed among the major players investing in advanced corn oil extraction and refining technologies, targeting higher-value applications and efficiency gains (2025).
- In March 2025, Wilmar is noted as a key player in the corn oil market, with ongoing efforts to enhance production efficiency and product quality through technology upgrades.
Corn Oil Key Market Trends
- Growth of Organic and Cold-Pressed Types: The increasing demand for cold-pressed, organic and non-GMO oils is one of the majors influencing the corn oil market trends. Manufacturers are being pushed to innovate and diversify premium product lines by health-conscious consumers who are looking for minimally processed options with clean labels, particularly in developed regions and urban retail channels.
- Integration of Corn Oil in Biodiesel Production: Government requirements for renewable energy and reduced carbon emissions, have led to a significant corn oil industry trend the growing use of corn oil in biodiesel blending. Industrial producers are expanding the oil's commercial reach and generating dual-use revenue streams by using surplus or waste corn oil for sustainable fuel applications, especially in North America and Europe.
Corn Oil Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growing demand for clean-label cooking oils, growing applications in the food, and non-food industries, and growing health consciousness are all contributing factors to the steady growth of the global corn oil market. Because of its low cost, neutral flavor and heart-friendly makeup, corn oil is frequently used in commercial kitchens, home cooking and food processing. Health-conscious consumers are drawn to new trends like cold-pressed and organic varieties and its use in the production of biodiesel, is growing in support of sustainability objectives. Asia-Pacific is the region with the fastest rate of growth, while North America dominates the market because of its extensive corn cultivation and well-established refining infrastructure. The future of the corn oil industry worldwide is anticipated to be shaped by dietary changes, government assistance and technological advancement.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 6.17 Billion |
| Market size value in 2032 | USD 12.04 Billion |
| Growth Rate | 7.69% |
| Base year | 2024 |
| Forecast period | (2025-2032) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Corn Oil Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Corn Oil Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Corn Oil Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Corn Oil Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Corn Oil Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Corn Oil Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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