Press release
Sunflower Oil Market is projected to witness lucrative growth by reaching up to USD 31,091 million by 2030
Sunflower Oil Market - DataM Intelligence
The Global Sunflower Oil Market USD 20,985 million in 2022 and is projected to witness lucrative growth by reaching up to USD 31,091 million by 2030. The market is growing at a CAGR of 5.2% during the forecast period (2023-2030).
Sunflower oil is rich in oleic acid, linoleic acid, and different vital nutrients that decrease bad cholesterol levels in the frame. This has step by step accelerated its consumption as a healthy cooking oil and frying oil in food production services and families, which is a primary motive force of sunflower oil market boom. Sunflower oil is likewise used to manufacture vegan mayonnaise, cheese, and spreads, and additionally as an component in cosmetics.
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Market Dynamics
Broad-range Inclusion of Healthy Cooking Oils in Processed Foods is Driving the Growth of the Sunflower Oil Market
Polyunsaturated fatty acids (PUFA) have currently gained enormous attention for their useful consequences on fitness. The Food and Drug Administration (FDA) additionally helps the claim that fit for human consumption oils containing at least 70% oleic acid might also lessen the danger of coronary coronary heart ailment.
Sunflower oil is a wholesome option as it contains lots of nutrition E and omega-6 fat. More than eighty% of sunflower oil's lipids are monounsaturated, making them heart-healthy. Hence, the wide variety inclusion of healthful cooking oils in processed ingredients is using the increase of the sunflower oil enterprise.
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Market Segmentation
By Product Type
1. High-Oleic*
2. Mid-Oleic
3. Linoleic
By End-User
1. Household/Retail
2. Food Service
3. Industrial
Sunflower Oil Market Players
The major global players include Abu Dhabi Vegetable Oil Company (ADVOC), Conagra Brands, Inc., Colorado Mills, Archer Daniels Midland Company, Bunge Ltd., Cargill, Incorporated, Parakh Group, Rein Oil CC, Macjerry Sunfloweroil Co. Ltd., and Kaissaoil.
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