Market Overview

The Sunflower Oil Market is expected to rise at a 5% CAGR by 2027. As per the MRFR study, the sunflower oil industry can value at USD 22,150.2 Mn on the conclusion of the review period.

Sunflower oil is one of the most popular cooking oils used today. It has a high smoke point, which makes it great for frying, and a mild flavor that won’t overpower dishes. The global sunflower oil market is expected to grow significantly in the coming years, driven by rising health consciousness among consumers and growing demand for healthier cooking oils.

Sunflower oil is a vegetable oil that is extracted from the seeds of the sunflower plant. It is rich in polyunsaturated fatty acids and low in saturated fat. It is commonly used in food preparation and for cooking, as well as in cosmetics and skin care products. Sunflower oil is also used in the production of biodiesel.

The global sunflower oil market is driven by increasing health consciousness among consumers and an increasing demand for healthier cooking oils. Sunflower oil is a healthier choice than most other cooking oils, as it is low in saturated fat and high in polyunsaturated fatty acids. Additionally, sunflower oil is rich in vitamin E, which is known to have many health benefits.

Segmental Analysis

Based on Type and Applications, the Sunflower Oil Market is segmented into distinct market segments.

High-oleic oil, linoleic oil, and mid-oleic oil are the three types of oil. The linoleic segment is expected to account for the largest share of the entire Sunflower Oil Market. During the forecasted time term, the fragment is expected to rise at a CAGR of 4.79 percent.

The global market is also divided into biofuel, food & beverages, personal care, and others based on applications. The food and beverage segment is expected to account for the largest share of the overall Sunflower Oil Market. In the predicted time frame, the part can flood at a good rate of growth.

Regional Overview

Europe is regarded as the most important region in the Sunflower Oil Market, with a forecasted growth rate of 5% by 2025. Germany, Italy, and France are thought to be accumulating large sums of money in order to expand the EU market. The sunflower oil industry in Europe is expected to grow at a 4.87 percent CAGR over the projected period. The increased use of sunflower oil as a biofuel and its application in the creation of particular consideration products could spark a market boom in Europe. The market in the region is experiencing strong expansion, owing to the significant rise in this type of oil consumption. Its rapid consumption in the region is fueled by its high amount of unsaturated fatty acids and high smoke point. The world's major producers of sunflower seed oil are Russia and Ukraine.

As the use of sunflower oil in cooking grows, the Asia Pacific market might account for a considerable percentage of the global market. The region's extensive agriculture of sunflower plants can assist the Sunflower Oil Market flourish in the coming years. The bakery business in the region is growing, and there is a growing demand for creative and healthful baking products. In addition, the governments of some Asian nations are focusing on reducing the consumption of partly hydrogenated oils (PHO) because of its negative health impacts. As a result, food producers have shifted to sunflower seed oil, which is expected to grow in popularity in the region. Because they are among the world's most populous countries, India and China are the region's largest importers. 

Competitive Dynamics

The notable Key sunflower oil Market Players of the market are Hydro Extruded Solutions (Norway), China Zhongwang Holdings Limited (China), Arconic (US) Hindalco Industries Limited (India), Constellium (The Netherlands), Century Extrusions Limited (India), QALEX (Qatar), Bonnell Aluminium (US), Gulf Extrusions Co. LLC (UAE), TALCO (India) Balexco BAHRAIN ALUMINIUM EXTRUSION COMPANY, Zahit Aluminium, ETEM GROUP, Sainty Industry Co., Ltd, Banco Aluminium Ltd.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com