Sunflower oil market is expected to grow at a CAGR of 5.5% by 2031. It is basically non-volatile oil extracted from the seeds of sunflower and majorly utilized in food for frying food items as well as in cosmetic formations as an emollient. Russia, Ukraine, and Argentina are the top producers of sunflower oil. The rising benefits related to consumption of sunflower oil have boosted its demand over the past few years. It helps in keeping the food fresh as well as healthier for longer duration of time.
The global sunflower oil market is growing at a fast pace and is anticipated to attain significant growth over the next seven years till 2023. Rising usage of high-quality cooking oil as well as increasing demand and consumption of processed food is expected to intensify the growth till 2023.
At present, Asia Pacific region captured the maximum share in revenue of sunflower oil market and is anticipated to dominate over the forecast period. In Asia Pacific region, India, China, Japan, and Indonesia marked highest shares in total revenue of sunflower oil market of the region in 2015. Europe captured the second-largest share in the total market. Rising health-conscious customer is expected to boost the growth of the market.
The global sunflower oil market is mainly concentrated in the Asia Pacific. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Key Players Identified Across the Value Chain in the Sunflower Oil Market include but are not limited to:
Archer Daniels Midland Company, Cargill Incorporated, Colorado Mills, CHS Inc., Oliyar Production Company, Delizio, Mcjerry sunflower oil, PPB Group Berhad, ConAgra Foods, Inc, Marico, Rein Oil CC
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Sunflower Oil market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Application
| |
Package
| |
Sales Channel
| |
Region Segment (2022-2032; US$ Million)
|
Key questions answered in this report