According to a new market report published by Lucintel, the future of the sunflower oil market looks promising with opportunities in the food, pharmaceutical, and cosmetic industries. The global sunflower oil market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are increasing demand from food industry for as it is good for health, rising demand from cosmetic industry for protection from various skin related issues, and fluctuating prices of other vegetable oil.
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Sunflower oil is the non-volatile oil pressed from the seeds of sunflower and is commonly used in food as a frying oil, and in cosmetic formulations. In this market, linoleic oil, mid-oleic oil, and high-oleic oil are the major product type of sunflower oil. Lucintel forecasts that high-oleic oil will remain the largest segment over the forecast period due to increasing demand from consumer for healthy food and its longer shelf life.
Within this market, food will remain the largest segment by application over the forecast period due to increased demand from bakery and confectionary market.
Europe will remain the largest region over the forecast period due to disposable income, changed lifestyle and growing demand for healthy foods of consumers in the developed region
Archer Daniels Midland, Cargill, Colorado Mills, CHS Inc., Oliyar Production Company, Delizio, Mcjerry sunfloweroil, PPB Group Berhad, ConAgra Foods, Inc, Marico and Rein Oil CC.are among the major suppliers in the global sunflower oil market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global sunflower oil market by application, product type, distribution channel and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Sunflower Oil Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global sunflower oil market by application, product type, distribution channel, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food
Pharmaceutical
Cosmetic
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Linoleic Oil
Mid-Oleic Oil
High-Oleic Oil
By Distribution Channel [Value ($ Million) shipment analysis for 2014 – 2025]:
Supermarket
Retail Stores
Online Stores
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.