The global demand for Sunflower Oil Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Sunflower oil is manufactured from sunflower seeds and ranks third in volume behind palm and soybean oils. Sunflower oil contains oleic acid, linoleic acid, and other nutrients that help lower bad cholesterol while increasing good cholesterol in the bloodstream. The seed contains 40-45 percent oil, and two distinct varieties of sunflower oil are available based on the oleic content found in the oil after extraction: high oleic and mid oleic. Sunflower oil contains tocopherols, carotenoids, and waxes, among other things, and is high in vitamin E and low in saturated fats. Sunflower oil is beneficial to one's health and is utilized in industries and food-producing services for cooking and frying. Sunflower oil is used in cosmetics as an emollient because it has a high level of vitamin E, which softens dry skin. Sunflower oil is utilized as a carrier for active ingredients in soft gelatin capsules to prepare salves and lotions in the pharmaceutical industry. Sunflower oil has a longer shelf life, perfect for making cosmetic goods. It protects the skin and has healing powers when applied to bruises and other skin disorders.
Market Dynamics
The sunflower oil market is expected to grow substantially over the forecast period, owing to increased population and demand for fried food products. The sunflower oil market is driven by factors such as the use of sunflower oil for frying bakery and confectionery products and preparing food. Sunflower oil is in high demand since it is beneficial for the heart skin and keeps bad cholesterol in check, which is fueling the sunflower oil industry. Sunflower oil is also used to make cosmetic treatments that protect, moisturize, and help skin heal from bruises and other skin issues. Sunflower oil is utilized to create active component carriers as well as creams and gels for quick absorption in pharmaceuticals, and its demand is predicted to rise internationally. Rising urbanization rates, rising health consciousness, and growing nonfood applications are significant drivers of the sunflower oil industry. These factors are expected to proliferate the global sunflower oil market's expansion during the projected period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of sunflower oil. The growth and trends of sunflower oil industry provide a holistic approach to this study.
Market Segmentation
This section of the sunflower oil market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Food
- Pharmaceuticals
- Cosmetics
By End User
- Industrial
- Food Services
- Household
By Distribution Channel
- Supermarket
- Retails Stores
- Online Stores
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Sunflower Oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Sunflower Oil Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sunflower oil market include Archer Daniels Midland Company, Cargill Incorporated, Colorado Mills, CHS Inc., Oliyar Production Company, Delizio, Mcjerry sunfloweroil, PPB Group Berhad, ConAgra Foods, Inc, Marico and Rein Oil CC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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