Sunflower Oil Market to reach USD 30.70 Bn at a CAGR of 5.2 percent over the forecast period
Maximize Market Research, a global Food And Beverages market research firm has published a market research report on the “Sunflower Oil Market”. The Sunflower Oil Market size was valued at USD 21.53 Bn in 2023. The total Sunflower Oil Marketrevenue is expected to grow at a CAGR of 5.2 percent from 2024 to 2030, reaching USD 30.70 Bn during the forecast period.
Sunflower Oil Market Report Scope and Research Methodology
Market Size in 2023: USD 21.53 Billion
Market Size in 2030: USD 30.70 Billion
CAGR: 5.2 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 228
No. of Tables: 137
No. of Charts and Figures: 181
Segment Covered: By Product Type,By End User,By Distribution Channel
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Sunflower Oil Market Scope and Research Methodology
The report provides a comprehensive examination of the Sunflower Oil Market, including a competitive analysis that highlights company profiles, financial performance, product portfolios, and strategic initiatives of leading players in the sector. It also explores critical insights such as primary factors driving market growth, challenges, and opportunities for global expansion. Additionally, the report offers in depth analysis of various factors affecting the industry, such as government policy, market environment, competitive landscape, historical data, current market trends, technological innovation, upcoming technologies, and technical progress in related industries, as well as market risks, opportunities and challenges.
The report examines segments including By Product Type,By End User,By Distribution Channel Sunflower Oil market. Data collection employed by both Primary research and Secondary research methods, with Primary research serving to validate findings from the Secondary research. The size of the Sunflower Oil Market was determined using a bottom-up approach for estimation.
Sunflower Oil Market Overview
Sunflower oil is an oil expressed by sunflower seeds, which is not volatile. Sunflower is used in large proportion as a frying oil in food as well as it is an emollient in the care of the skin. The composition of the monounsaturated fat oleic acid and the polyunsaturated fat linoleic acid make up much of the sunflower oil content. Oils of different fatty acid composition have been manufactured by selective breeding and manufacturing techniques. The oil contained high content of bunsen burner flame quenching time. The flavor characteristic of the oil is neutral.
Sunflower Oil Market Dynamics
The demand for Sunflower Oil experiencing well growth,because of Rising usage of sunflower oil in cosmetics, Growing Use of Sunflower Oil for Biodiesel Production People have started opting for alternative biofuels like biodiesel made out of vegetable oils due to lack of fossil fuels. Sunflower seeds have more oil content and may produce around 600 pounds of oil per acre which is much more compared to soybeans therefore quickly making it a better feedstock crop for biodiesel as it is easy to grow and suitable both for small farms and large fields thus promoting soil fertility through crop rotation and providing income for them. This helps in manufacturing purposes and other requirements when it comes to oil extraction, purification and eventual conversion to biofuel.
Sunflower Oil Market Regional Analysis
Europe is expected to dominate the Sunflower Oil Market during the forecast period. The market held the largest market share in 2023 Because widespread use of sunflower oil in the production of snacks and confectionery items North America and South America are the fastest growing region because of consumption of sunflower oil is rising as customer health and well being concern grow in this region
Sunflower Oil Market Segmentation
By Product Types
- Organic
- Processed
By End User
- Industrial
- Commercial
- Domestic
- Others
Based on the end-user, the market is segmented into Industrial, Commercial, Domestic, and Others. The Industrial segment is expected to grow rapidly during the forecast period 2024-2030. Industrial demand for sunflower oil has increase thanks to its low cost and nutrient-rich profile. The Food and Beverage industry uses over 60% of the sunflower oil in the industrial sector. Domestic use has risen by 4.7% due to health concerns. The global business sector’s usage has increased by 3% as food production companies prefer sunflower oil. Various industries utilize sunflower oil based on specific needs.
By Distribution Channel
- Direct Sales
- Supermarket
- Convenience Store
- Specialty Store
- E-Commerce
- Others
Sunflower Oil Marketkey players include
North America
- Cargill
- Archer Daniels Midland Company
- Conagra Brands, Inc.
- Bunge Ltd.
- Colorado Mills
- M&C Commodities
Europe
- Oleo100
- Trans-Oil Group Of Companies
- Neste
Asia Pacific
- PPB Group Barhad
- Parakh Group
- Oliyar Production
- KAISSA Oil
- UkrOliya LLC
- ViOil
- Itochu
- EFKO
- Yug Rusi
- Olam Group
- Gokul Agro Resources
Middle East & Africa
- IFFCO (UAE)
- Cajary Majlis
- United Foods Company
- Southern Oil
- Anjo
South America
- Portraxcollc
- XX
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Key questions answered in the Sunflower Oil Marketare:
- What is Sunflower Oil ?
- What was the Sunflower Oil Market size in 2024?
- What is the expected Sunflower Oil Market size by 2030?
- What is the demand pattern for the Sunflower Oil market?
- Which region held the largest share in the Sunflower Oil market?
- Who are the key players in the Sunflower Oil market?
- What is the growth rate of the Sunflower Oil Market?
- Which are the factors expected to drive the Sunflower Oil Market growth?
- Which segment dominated the Sunflower Oil Market growth?
- Who is the largest key player in the Sunflower Oil Market Growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Product Type, Services, and Application.
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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