Sunflower Oil Market | Size, Global Analysis, COVID-19 Pandemic Impact and Forecast to 2024

Sunflower Oil Market Research Report - Global Forecast till 2024

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Sunflower Oil Market Research Report - Global Forecast till 2024

Global Sunflower Oil Market: Information by Type (Linoleic Oil, Mid-Oleic Oil and High-Oleic Oil), Application (Food & Beverages, Biofuel, Personal Care and Others), and Region/Country (US, Europe, China, India, Japan, South-East Asia and Rest of the World) Forecast till 2024

Key Players: Prominent players in the Global Sunflower Oil Market include Cargill, Incorporated (US), Bunge Limited (US), Kernel Holding S.A. (Ukraine), Adani Wilmar Limited (India), MHP SE (Ukraine), Shandong Luhua Group Co., Ltd (China), NMGK Group (Russia), Pology OEP PJSC (Ukraine), Adams Group (US), NT Ltd (Hungary), EFKO Group (Russia), Aston JSC (Russia), OptimusAgro Corporate Group (Russia), Delizio (Belgium), Dicle Group (Turkey), Tanoni SA (Turkey), Risoil S.A. (Switzerland), and Oliyar (Ukraine).

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Sunflower Oil Market Research Report - Global Forecast till 2024

Global Sunflower Oil Market is estimated to be valued at USD 20,960.1 Million by 2024, expanding at a CAGR of 5.06% during the forecast period. Sunflower oil is a non-volatile oil pressed from the seeds of the sunflower plant. The demand for sunflower oil has increased over the last few years to meet the widespread applications in the food processing industry. Moreover, rising consumer inclination toward organic products is expected to offer market players lucrative opportunities for growth. However, the side effects of sunflower oil and the availability of substitute products are projected to hinder the growth of the market during the review period.

Regional Analysis: Geographically, the Global Sunflower Oil Market has been categorized into the US, Europe, China, India, Japan, South-East Asia, and the Rest of the World. As per MRFR analysis, Europe dominated the market accounting for the highest share in 2020. South-East Asia sunflower oil market accounted for the second-largest market share in 2020 and is expected to register the highest CAGR of 5.83% during the forecast period.

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Sunflower Oil Market Research Report - Global Forecast till 2024

Segmentation Global Sunflower Oil Market has been segmented based on Type, Application, and Region/Country. By Type, the market has been divided into linoleic acid, mid-oleic acid, and high-oleic acid. The linoleic acid segment accounted for the maximum market share in 2020 as well as expected to register a significant growth rate 4.79% during the forecast period. Linoleic acid is an essential fatty acid for the human diet and linoleic sunflower oil contains approximately 70% of polyunsaturated fat. The remainder consists of 20% monounsaturated fat and 10% saturated fat. Linoleic sunflower oil is used widely for frying. Moreover, it is used in the production of margarine and shortening. However, mid-oleic acid is expected to register the highest CAGR during the forecast period due to the economical pricing of the product and the various health benefits of low levels of trans fats. Moreover, mid-oleic sunflower oil is used in cosmetic formulations as an emollient.

Intended Audience • • • • • •

Sunflower oil Manufacturers Catering Industry Café and Food Service Industries Traders, Wholesalers, and Distributors Governments, Associations, and Industrial Bodies Investors and Trade Experts

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Copyright © 2017 Market Research Future.

Sunflower Oil Market Research Report - Global Forecast till 2024

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Copyright Š 2017 Market Research Future.