Sunflower Oil Market expected to grow at a CAGR of 5.2 percent and reach USD 29.19 Bn by 2029

(EMAILWIRE.COM, April 19, 2023 ) Maximize Market Research expects the Sunflower Oil Market to grow at a CAGR of 5.2 percent from USD 19.45 Bn in 2021 and reach USD 29.12 Bn by 2029.

Sunflower Oil Market Scope and Research Methodology

The report on Sunflower Oil Market consists of the vital market drivers and restraints with their positive or negative impacts on the market. The tools such as SWOT analysis and PESTLE analysis are used for analyzing the market strengths and weaknesses as well as upcoming opportunities and threats.

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Sunflower Oil Market Dynamics

The growing population and increasing demand for foods and beverages have led to increased consumption of it commercially for culinary purposes is driving the Sunflower Oil Market. The substitute oils such as Olive oil, Canola oil and Coconut Oil acts as a restraint in the market growth.

Sunflower Oil Market Regional Insights

European region had the largest sunflower oil market share in 2021 with a share of USD 6.28 Bn and increasing consumption of sunflower oil is driving the market in this region.

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Sunflower Oil Market Segmentation

By Product Type

Organic

Processed

By End User

Industrial

Commercial

Domestic

Others

By Distribution Channel

Direct Sales

Supermarket

Convenience Store

Specialty Store

E-Commerce

Others

Sunflower Oil Market Key Players Includes

Cargill

Conagra Brands, Inc.

Bunge Ltd.

Hanoon Oil Factory

Colorado Mills

PPB Group Barhad

Parakh Group

Rein Oil CC

Aston

EFKO

Oliyar Production

Delizio

Avril Group

Optimusagro Trade

RISOIL SA

Marico & Rein Oil CC

KAISSA Oil

Adani Wilmar

Kernel

Delta Wilmar CIS

UkrOliya LLC

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Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:

Avocado Oil Market– The market size is expected to grow at a CAGR of 5.81 percent and reach USD 868.83 Mn during the forecast period of 2022-2029.

Edible Oils Market– The market size is expected to grow and reach USD 189.84 Bn at a CAGR of 7.6 percent during the forecast period of 2022-2029.

About Maximize Market Research:

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