Sunflower Oil Industry Expected to Reach $36.48 Billion by 2029 at 6.3% CAGR

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Sunflower Oil Market Value Projection: How Much Will the Market Size by 2025?
In recent years, there has been robust growth in the size of the sunflower oil market. The forecasts show an increase from $26.81 billion in 2024 to $28.56 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.5%. Factors such as the diversification of uses, easy availability and affordability, marketing and promotional activities, as well as international trade have contributed to the expansion in the historically observed period.

What Will Be the Market Growth Forecat for Sunflower Oil in 2029?
In the coming years, the sunflower oil market is predicted to experience robust growth, with values expected to reach $36.48 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. This growth during the forecast period is linked to factors such as a growing population and urbanization, a preference for plant-based products, growth in the food processing sector, healthier cooking options, and sustainable sourcing and production methods. The predicted trends for this period include a move towards healthier oils, widening of usage, product premiumization, effects of climate change, and innovations in products.

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What Are the Core Competitive Drivers in the Sunflower Oil Industry?
The projected growth of the sunflower oil market is linked to the burgeoning food service sector. The latter comprises enterprises engaged in producing, selling, and delivering food and beverages designed for immediate consumption. The sector's growth is a reflection of evolving lifestyles, cultural trends, a preference for convenience, a variety of culinary choices, and the impact of social media. Sunflower oil's wide acceptance and adaptability makes it a preferred option for food preparation in restaurants, cafes, and fast-food outlets. Its high smoke point and healthy fat composition explain its widespread usage. For instance, data from the United States Department of Agriculture, a federal entity in the US, revealed that in 2022, 12.8% of U.S. household spending was on food, an increase from the 12.4% in 2021. Consequently, the growth of the food service sector is a key driver of the sunflower oil market's expansion.

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Which Sunflower Oil Market Segment Is Projected to See the Fastest Growth?
The sunflower oil market covered in this report is segmented -

1) By Type: Linoleic Oil, Mid-oleic Oil, High-oleic Oil
2) By Distribution Channel: Online Channels, Super markets Or Hyper markets, Convenience Stores
3) By Application: Cooking, Cosmetics, Personal Care, Others Applications
4) By End-User: Industrial, Food Services, Household

Subsegments:
1) By Linoleic Oil: Conventional Linoleic Sunflower Oil, Organic Linoleic Sunflower Oil
2) By Mid-Oleic Oil: Conventional Mid-Oleic Sunflower Oil, Organic Mid-Oleic Sunflower Oil
3) By High-Oleic Oil: Conventional High-Oleic Sunflower Oil, Organic High-Oleic Sunflower Oil, High-Oleic Sunflower Oil For Cooking And Frying

Which Trends Are Opening New Opportunities in the Sunflower Oil Market?
Leading enterprises in the sunflower oil industry are centering their attention on the production of unique products such as Fiona Refined Sunflower Oil, with the aim of gaining a better market positioning. Fiona Refined Sunflower Oil is engineered to facilitate up to an impressive 50% more vitamin transfer from oil to food compared to the standard sunflower oils found in the market. For example, Bunge India Private Ltd., an agribusiness and food company based in India, rolled out Fiona Refined Sunflower Oil in Odisha in November 2023 as a part of its growth strategy. This type of oil boasts its richness in essential vitamins A, D, E, and K, which are vital for maintaining good health and overall wellness. Given its high smoke point, the oil is suitable for a diverse range of cooking techniques like roasting, stir-frying, and deep-frying, making it a practical choice for different cooking methods.

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Who Are the Leaders in the Sunflower Oil Market?
Major companies operating in the sunflower oil market report are Cargill Incorporated; Archer Daniels Midland Company; Procter & Gamble (P&G); Wilmar International Limited; Bunge Global SA; Unilever PLC; Louis Dreyfus Company; COFCO Corporation; CHS Inc.; Liuhe Corporation; Seaboard; Avril Group; The J.M. Smucker Company; Gruppo Cremonini; Kernel Holding S.A; Aceitera General Deheza; PPB Group Berhad; Molinos Río de la Plata; Gavilon's; Oleon; AA International Inc.; Risoil SA; ACH Food Companies; EFKO Group

Which Regional Sunflower Oil Markets Offer the Greatest Growth Potential?
Europe was the largest region in the sunflower oil market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sunflower oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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