Global Sunflower Oil Market to Reach USD 37-38 Billion by 2029-2031, propelled by health-focused consumption and foodservice demand

Key Highlights

Market Size & Outlook: The global sunflower oil market is projected to grow from about USD 24.7-28.8 billion in 2025 to approximately USD 37.7 billion by 2029-2032, reflecting a CAGR of roughly 6-7% during the forecast horizon.
Regional Dynamics: Europe currently leads share, while Asia Pacific is set for notable growth on increased use in bakery, snacks, and confectionery and policy efforts to lower PHO
consumption.

Demand Drivers: Health positioning (high oleic/linoleic profile), high smoke point for commercial kitchens, expansion of foodservice, and emerging biodiesel applications are key growth catalysts.

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Restraints & Risks

Supply Volatility: Crop yield variability and trade/logistics constraints can influence availability and price, affecting margins and procurement planning.
Competitive Oils: Price and availability shifts among alternative vegetable oils (e.g., palm, soybean, canola) may pressure share in certain end-markets.
Regional Insights

Europe: Retains leading share on established consumption and processing infrastructure; remains a core demand base for retail and food industry.
Asia Pacific: Anticipated to post strong growth on processed foods expansion and health-focused reformulations reducing PHO usage.

North America: Stable growth trajectory supported by foodservice and packaged foods applications.
Competitive Landscape

Key Companies: Archer Daniels Midland, Bunge, Cargill, Avril Group, Kaissa Oil, Kernel Holding, Adani Wilmar, Conagra Brands, ViOil, Rusagro, and others span integrated sourcing, processing, and distribution.

Market Structure: A mix of global conglomerates and regional specialists creates a moderately fragmented landscape with emphasis on supply chain resilience and sustainability.

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Outlook

With consumer health preferences, expanding foodservice, and diversified end-use underpinning demand, the sunflower oil market is expected to maintain a robust growth path toward the high USD 30 billions by the end of the decade, supported by capacity expansions and innovation across leading players.

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This release was published on openPR.