• How is the global sunflower oil market segmented?
  • The global sunflower oil market is segmented by type (linoleic oil, mid-oleic oil, and high-oleic oil), application (food, biofuels, and personal care), and geography (North America, Europe, Asia Pacific, South America, and Middle-East & Africa). For each segment, the market sizing and forecasting have been done in value terms (USD million).
  • How big is the sunflower oil market?
  • The market size and forecast are provided in terms of value (USD million) for all the above-mentioned segments. The Sunflower Oil Market size is estimated at USD 35.98 billion in 2024, and is expected to reach USD 48.26 billion by 2029, growing at a CAGR of 6.05% during the forecast period (2024-2029).
  • What is the importance of sunflower in the world market?
  • As pointed out recently by Pilorg¨¦, sunflower crop occupies an important position in the world market business representing the 3rd oilseed produced in the world (9 % of the global production), the 4th in vegetable oils market (9.2 % of the global production), and the 3rd oilseed meal produced (5.6 % of the global production) (Pilorg¨¦, 2020). …
  • Which countries produce sunflower oil?
  • Such trends have aided the market growth of sunflower oil in the region. There are two major producers of sunflower seed oil worldwide: Russia and Ukraine. In Russia, the oil and fat industry is one of the leading sub-sectors of the food processing industry, and sunflower oil production increased exponentially in the past decade.
  • Why is sunflower oil important in Tanzania?
  • Sunflower (Helianthus annuus L.) is the third most produced oilseed crop in the world , and its demand for edible oil has been increasing globally and regionally , . In Tanzania, sunflower production is critical as it is one of the most important vegetable oils with high value and importance in the international market . … …
  • Who are the major players in the sunflower oil market?
  • The major players in the sunflower oil market, such as Archer Daniels Midland Company, and Bunge Limited Cargill Incorporated, have a broad geographical presence and extensive product portfolios to cater to numerous consumer demands. This factor assists the companies in maintaining a strong foothold in the market.