Sunflower Oil Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

 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 fueling 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.

To Request a Sample of our Report on Sunflower Oil Market:  https://www.omrglobal.com/request-sample/sunflower-oil-market

Market Coverage

•                 The market number available for – 2022-2030

•                 Base year- 2022

•                 Forecast period- 2023-2030

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.

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/sunflower-oil-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

Comments

Post a Comment

Popular posts from this blog

European Data Backup and Recovery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

  European Data Backup and Recovery Market are expected to reach $5.7 billion in 2027, growing at a CAGR of 9.5% during the forecast period (2021-2027). Factors responsible for the growth of the market in Europe are well-developed telecommunication infrastructure, high internet penetration, high adoption of cloud-based devices among people and organization. Regulations regarding the data localization such as GDPR by the European Union and countries own data localization and protection act are providing growth to the market. Major economies which are expected to hold a considerable market are UK, Germany, France, Italy, and Spain. These economies are part of the European Union, which covers most of the continent. The aim of the European Union was to increase economic cooperation and encourage free trade among countries. To Request a Sample of our Report on European Data Backup and Recovery Market :   https://www.omrglobal.com/request-sample/european-data-backup-recovery-...
Read more

Insect Repellent Market Is Likely to Experience a Tremendous Growth by 2031

This informative Insect Repellent Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can boost up the revenue rate of their business. It also permits key organizations to make communication with customers and know their demands for making right investment in the product development. By increasing the product portfolio by referring the important market data provided in this Insect Repellent Market research report, key players can grow and expand their business forward. Continuously developing customer demands are also described in this global report to help new entrants make required changes in the final product launch and then bring into the market. It becomes easy for key players to prioritize the demands and requirements of target audience and have complete understanding of end-user experience with the help o...
Read more

Asia-Pacific Urban Air Mobility Market Growth, Size, Share, Industry Report and Forecast 2019-2025

The Asia-Pacific urban air mobility market is estimated to grow at a CAGR of 12.6% during the forecast period. The Asia-Pacific urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment dominated the global urban air mobility market. To Request a Sample of our Report on Asia-Pacific Urban Air Mobility Market :   https://www.omrglobal.com/request-sample/asia-pacific-urban-air-mobility-market Asia-Pacific is home to several emerging economies and is seen as the potential market for the UAM owing to growing urbanization coupled with increasing traffic congestion and increasing high-income groups in the region. The growth of the As...
Read more