The global sunflower oil market is anticipated to grow at a considerable CAGR of 6.7% during the forecast period. One of the key factors that are fuelling the market is the growing competitiveness among the existing market players and new entrants. In addition, the existing major players in the market are also inclined toward introducing a new brand of sunflower oil catering to expand its product portfolio and stay competitive. For instance, in April 2022, the Union Miniter for Fisheries launched Dhara sunflower oil brand packaged by Bengaluru-based oilseeds cooperative Karnataka Cooperative Oilseeds Growers' Federation (KOF) to grab a larger market. Additionally, in July 2020, Amul, an Indian dairy cooperative society, introduced a new oil brand Janmay edible oils, in Gujarat, India. The brand range includes groundnut oil, soybean oil, sunflower oil, and other prominent cooking oils.

Another major factor that is bolstering the growth of the market includes the growing adoption of several strategic initiatives such as mergers and acquisitions by key market players across the globe. Furthermore, the key companies are also involved in advancing, innovating, and launching new products to cater rising demand for sunflower oil. For instance, in February 2022, Chevron USA Inc. and Bunge North America, Inc. signed definitive transaction agreements to create a joint venture. The new venture aims to create renewable feedstocks leveraging Bunge’s expertise in oilseed processing and farmer relationships and Chevron’s expertise in fuel manufacturing and marketing.

In December 2021, Cargill, Inc. acquired an edible oil refinery located in Andhra Pradesh, India. The company invested $35 million to acquire, upgrade, and expand the facility. Through this acquisition, the company will produce and package its edible oil brands for retailers, including sunflower oil. The new facility came into fully operational by May 2022. Apart from this, in February 2020, Saipol launched OleoZE, a purchasing service for sustainable French oilseeds. The platform enables farmers and collecting organizations to market their rapeseed and sunflower seeds by rewarding farming practices that reduce CO2 emissions.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including  Archer Daniels Midland Co., AVRIL SCA, Bunge Ltd., Cargill Inc., KAISSA, and others. 

Sunflower Oil Market Report Segment

By Type

Linoleic
Mid-Oleic
High-Oleic

By Application

Foodservice
Household
Biofuels
Personal care
Industrial

 A full Report of Sunflower Oil Market is Available @  https://www.omrglobal.com/industry-reports/sunflower-oil-market

Sunflower Oil Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

AAK AB
AVENO N.V.
Dubai World Trade Center L.L.C. (Abu Dhabi Vegetable Oil Co.)
CHS Inc.
Conagra Brands, Inc.
Colorado Mills 
Hanoon Oil Factory
Lia Food (EFKO Group)
Marico Ltd.
Oliyar Production Co.
Parakh Group 
Rein Oil CC 
Mcjerry Sunfloweroil Co. Ltd.

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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