Enjoy complimentary customisation on priority with our Enterprise License!
The sunflower oil market size is forecast to increase by USD 5.84 billion at a CAGR of 5.42% between 2023 and 2028. The market is experiencing significant growth, driven by various factors. One key trend is the increasing use of sunflower oil for biodiesel production, as it is rich in unsaturated fatty acids, making it an ideal feedstock for this alternative fuel. Another trend is the introduction of new packaging for sunflower oil, such as stand-up pouches and biodegradable bottles, which offer convenience and sustainability. However, the market also faces challenges, including the availability of substitutes like soybean, palm, and cottonseed oils, which can impact the price competitiveness of sunflower oil. Additionally, fluctuations in weather conditions and harvest yields can affect the supply of sunflower seeds, impacting the overall production and availability of sunflower oil. Despite these challenges, the market is expected to grow at a steady pace due to its health benefits, versatility, and increasing demand for sustainable biodiesel production.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.