Sunflower Oil Market is Expected to Reach $31,091 million by 2031 - Abu Dhabi Vegetable Oil Company (ADVOC), Conagra Brands Inc

The global Sunflower Oil Market reached USD 20,985 million in 2022 and is projected to grow significantly, reaching USD 31,091 million by 2031, with a CAGR of 5.2% during the forecast period (2024-2031). This market is experiencing worldwide expansion due to the extensive use of seed-derived oil in the food, energy, and chemical industries.

Sunflower oil, rich in oleic acid, linoleic acid, and other essential nutrients that help reduce bad cholesterol levels, has seen increased consumption as a healthy option for cooking and frying, both in households and food manufacturing services. This growing preference is a key driver of the sunflower oil market's growth. Additionally, sunflower oil is widely used in the production of vegan mayonnaise, cheese, spreads, and as an ingredient in cosmetics.

Get a Free Sample Research PDF - https://www.datamintelligence.com/download-sample/sunflower-oil-market

Key Developments:

• In February 2023, agribusiness giant Cargill introduced Gemini Pureit sunflower oil in Karnataka, emphasizing its commitment to expanding its edible oils portfolio across South India.

• In April 2022, Avril, a global agro-industrial group, announced plans to expand its sunflower-seed crushing capacity in France, aiming to boost the production of sunflower oil and meals.

• In December 2021, Cargill Inc. acquired an edible oil refinery at Krishnapatnam Port in Nellore, Andhra Pradesh, with a $35 million investment for both the purchase and modernization of the facility.

Market Dynamics:

The growing inclusion of healthy cooking oils in processed foods is significantly driving the sunflower oil market. Polyunsaturated fatty acids (PUFAs) have gained considerable attention due to their health benefits, and the FDA supports claims that oils with at least 70% oleic acid may lower the risk of coronary heart disease. Sunflower oil, rich in vitamin E and omega-6 fats, is a heart-healthy option, with over 80% of its lipids being monounsaturated. This health advantage has fueled the increased use of sunflower oil in processed foods, further driving market growth.

Market Segment Analysis

By Type: High-Oleic, Mid-Oleic, Linoleic

By End-Users: Household/Retail, Foodservice (HORECA), Industrial

Get Customization in the report as per your requirements - https://www.datamintelligence.com/customize/sunflower-oil-market

Major Key players

• 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.
• Kaissaoil

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Related Reports:

Hops Market: https://www.datamintelligence.com/research-report/hops-market

Agricultural Lubricant Market: https://www.datamintelligence.com/research-report/agricultural-lubricant-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.