Global Sunflower Oil Market Outlook with Ongoing Trends, Top Players Profile Analysis and Forecast 2017-2022

A report recently published by Fact.MR offers insights for the global sunflower oil market across various regions. Growing need for treatment of chronic diseases, arthritis and tenia pedis will significantly impact growth of the global sunflower oil market. Sunflower oil will witness robust demand among the food and cosmetic manufacturers globally. The report focuses on detailed insights and research about global sunflower oil market for the forecast period 2017 to 2022.

The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of sunflower oil, along with future growth estimations. Sunflower oil producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed discussion guide has been formulated in this report, which can attract the interest of top trade magazines and journals related to sunflower oil.

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Market Dynamics

Growing prevalence of cardiac diseases, asthma, and arthritis has revved up demand for sunflower oil across the healthcare industry. Majority of the men athletes are prone to dermal infections such as tenia pedis. Sunflower oil witnesses a robust demand in the healthcare industry for the prevention, and treatment of tenia pedis. Such factors are likely to impact global market growth of sunflower oil market significantly during the predicted period.

Apart from application in the healthcare industry, sunflower oil is likely to witness major demand among cosmetic manufacturers. Surge in demand for production of sunscreen, facial masks, and eye creams will contribute towards global market growth of sunflower oil positively throughout 2022. Moreover, sunflower oil witnesses significant demand as frying oil among food manufacturers. This is predicted to impact global market growth of sunflower oil significantly through 2022. However, increasing availability of other oil products such as olive oil are likely to substitute sunflower oil products. Such factors are likely to impede market growth of sunflower oil globally during the projected period.

Cosmetic Manufacturers to Represent Considerable Demand

Rich in antioxidants and beta-carotene, the sunflower oil witnesses a considerable demand among manufacturers of cosmetic products such as sun protection creams, eye creams, and anti-aging masks. Attributed to gamma alpha linolenic acid qualities, demand for sunflower oil is likely to increase among manufacturers of hair products. Cosmetic industry is likely to contribute significantly towards growth of the global sunflower oil market attributed to such factors.

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Food Industry to Witness Significant Demand

Apart from cosmetic and healthcare industry, sunflower oil further witnesses a considerable demand in the food and beverages industry. On the other hand, manufacturers of food products prefer other healthy oil products including olive oil. Availability of substitute oil product is likely to hinder growth of the global sunflower oil market by 2022.

Retail Sector to Register Highest Growth in the Global Market

Europe will represent the largest market for sunflower oil globally. Processed sunflower oil will outsell virgin sunflower oil in this region. Registering the highest CAGR for processor sunflower oil in the global market, Europe will represent a significant revenue share. Foodservice will remain an attractive end user segment in the global market by the end of 2022. However, retail sector will register the highest CAGR in terms of end users, followed by foodservice.

In terms of distribution channel, sunflower oil will witness significant growth in terms of sales through franchise outlets and online channels in Europe. Sales of sunflower oil products through modern trade will represent a value of over US$ 1,000 Mn in 2022.

Market Players Operating in the Global Market

Leading manufacturers and distributors in the global sunflower oil market include The Adani Wilmar Ltd., Ruchi Soya Industries Ltd, Associated British Foods (Ach), Archer Daniels Midland Company, Beidahuang Group, Bunge Limited, Borges Mediterranean Group, Cargill Inc., Fuji Vegetable Oil, Inc., Adams Group, American Vegetable Oils, Inc., Olympic Oils Limited, Ach Food Companies, Inc, Marico Limited, and ConAgra Foods (Agrotech Foods Ltd).

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This release was published on openPR.