Press release
Sunflower Oil Market to Witness Robust Expansion by 2023
Sunflower oil is the non-volatile oil compressed from sunflower seeds. Sunflower oil is produced by compressing sunflower seeds commonly used for human consumption. Crude sunflower oil has a pleasant odor of sunflower and a mild taste.
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Global Sunflower Oil Market: Forecast by Type / Application / Region
As significant participants of the international market of sunflower oil it is possible to allocate Argentina, Russia, Turkey, Ukraine and the EU.
Ukraine remains to be the No.1 supplier of the crude sunflower oil due to its rich resources of sunflower crops. In 2015, the global market share of Ukraine is 30.1% in terms of sunflower oil production. The second largest producer is Russia, with the market share of 24.25%, followed by EU-27 and Argentin, which respectively account for 20% and 8% market share of global sunflower oil production in 2015.
The global market of sunflower oils is a competitive market with lots of local and multinational manufacturers. As a result, the concentration of sunflower oil market is very low. Top 5 players only account for less than a quarter of global market share in terms of production. Among these players, Kernel, from Ukraine, remains the largest manufacturer in the world, with the market share of 9.23% in 2015.
Over the next five years, LPI(LP Information) projects that Sunflower Oil will register a xx% CAGR in terms of revenue, reach US$ 15800 million by 2023, from US$ 15800 million in 2017.
Global Sunflower Oil Market: Key Players
Kernel
EFKO Group
Aston
Cargill
Optimus
Nutrisun
Dicle Group
NMGK
Bunge
MHP
Creative Group
Tanoni Hnos. Sa
Standard Food
NT Ltd
Oliyar
Delizio
Risoil
COFCO
Region
Luhua Group
Sanxing Group
Pology Oil
Wilmar
Adams Group
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Related Information:
United States Sunflower Oil Market Research Report 2018
Europe Sunflower Oil Market Research Report 2018
North America Sunflower Oil Market Research Report 2018
Asia-Pacific Sunflower Oil Market Research Report 2018
China Sunflower Oil Market Research Report 2018
EMEA Sunflower Oil Market Research Report 2018
Global Sunflower Oil Market Research Report 2018
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