Global Sunflower Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Global Sunflower Oil Market Overview

This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

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In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.

Sunflower oil is perceived as a healthy and nutritious type of oil, which is extracted from dried sunflower seeds. Sunflower oil is tasteless and colorless in nature, primarily used in the production of cooking oil. It is also used as the main ingredient in many food products owing to its various properties, such as antifungal, antimicrobial, etc.

Increasing preference for sunflower oil, owing to its various properties and health benefits is a major factor driving the growth of the global sunflower oil market. In addition, increasing the use of sunflower oil in the production of various ready-to-eat food products is another major factor expected to boost the growth of the global sunflower oil market over the forecast period.

However, the ban on the export of sunflower oil in most countries across the globe is a major factor restraining the growth of the global sunflower oil market. Additionally, the availability of alternatives coupled with the low production of sunflower oil is another major factor expected to hamper the growth of the global sunflower oil market over the forecast period.

Currently, the market in the Asia Pacific accounts for the highest share in the sunflower oil market in revenue terms, owing to high awareness of various benefits of the use of sunflower oil and increasing consumption of the same in the region. The market in North America accounted for the second-highest revenue share in the global sunflower oil market, due to increasing health awareness and increasing use of sunflower oil in the region, followed by markets in Europe, Latin America, and the Middle East & Africa respectively.

The market in Europe is projected to witness the fastest growth in terms of revenue, owing to increasing usage of sunflower oil and growing demand for the same in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.

Global sunflower oil market segmentation:

By application:

• Food
• Pharmaceuticals
• Cosmetics

By end-user:

• Industrial
• Food services
• Household

By distribution channel:

• Supermarket
• Retails stores
• Online stores

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa