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Sunflower Oil Market Outlook and Forecast by 2025

01-25-2018 10:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research

Sunflower is native to North America and belongs to family Asteraceae. The oil derived from sunflower is used for cooking and frying purpose globally. Sunflower oil is rich in oleic acid, linoleic acid and other nutrients which helps in lowering bad cholesterol and increases good cholesterol in blood. The seed contains 40-45% oil, two other types of sunflower oil are also available high oleic and mid oleic based on the oleic content present in oil after extraction. Sunflower oil contains high content of vitamin E and is low in saturated fats along with these properties it also contains tocopherols, carotenoids and waxes. Sunflower is good for health and it is being used for cooking and frying in industries and food manufacturing services.

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Global Sunflower Oil: Market Segmentation

The global sunflower oil market is segmented on the basis of application, end user, distribution channel and region. The sunflower oil market is segmented on the basis of application such as food, pharmaceuticals and cosmetics. The sunflower oil market in food segment is further segmented as bakery, confectionery and convenience food. In cosmetics sunflower is used as emollient as it contains high vitamin E content, it helps in softening dry skin. In pharmaceuticals sunflower oil is used as carrier for active ingredient in soft gelatin capsules and in production of salves and creams. Sunflower oil has longer shelf life which is an ideal condition for manufacturing cosmetic products and helps in protecting skin and has healing properties when applied to bruises on skin and other skin conditions. The sunflower oil market is segmented on the basis of end user can be segmented as industrial, food services and household. The sunflower oil market is segmented on the basis of distribution channel as supermarket/hypermarket, retails stores and online stores. Hence, the global sunflower oil market is expected to have robust growth over the forecast period owing to increasing population and increasing demand for fried food products.

Global Sunflower Oil Market: Regional Outlook

The global sunflower oil market is geographically divided in key regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East and Africa. Globally Asia Pacific and Eastern Europe are expected to get highest growth in terms of production and consumption due to increasing population and rising demand for sunflower oil due to its health benefits. Countries such as China and India in Asia Pacific region produce and export sunflower oil majorly to North America, Eastern Europe, Western Europe and Middle East. Industrial utilization coupled with household use of sunflower oil is strengthening the growth of the sunflower oil market in terms of revenue contribution over the forecast period.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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