Sunflower Oil Industry, Growth, Demand, Region, Segmentation, Leading Companies, Forecast
Overview:
The Sunflower Oil Market size is set to grow at a CAGR of 5%
during the forecast period 2019 to 2027. As per the market research report, the
market will hit US$22,150.2 million in terms of valuation by the end of 2027.
The market growth will be driven by large scale application of sunflower oil.
Based on the research report, the expanding food and beverage sector will
accelerate growth in the market till 2027. Although the availability of
substitute products will have a negative impact on the Global Sunflower Oil
Market Growth during this period. The high cost associated with products is
predicted to be a key challenge which could become a strong threat from 2019 to
2027 to companies. The market report published by expert analysts includes
primary and secondary data and suggests that type and applications segments are
anticipated to witness tremendous growth till 2027. Factors such as the growing
application areas will become key growth drivers during the forecast period and
the growing demand from companies across many industries is also said to be
supporting the market globally, however, the growth projected for the forecast
period could be affected by the growing penetration of alternatives in the
market which could negatively affect activities taking place across the market.
The easy availability of alternative products is another challenge the market
could face till 2027.
Market Segmentation:
The Sunflower Oil Market size is segregated into different
market segments based on Type and Applications. For a comprehensive analysis of
the market, the type and applications segments are further split into smaller
segments. The type segment is categorized into high-oleic oil, linoleic oil,
and mid-oleic oil. Furthermore, based on applications, the global market is
also segmented into biofuel, food & beverages, personal care, and others.
Based on the market segmentation analysis, the report covers market forecasts.
The rapid expansion of the vegan population will support the
market growth from 2019 to 2027. As per the market research report, the global
market for sunflower oil is anticipated to grow at a healthy rate across all
the type and applications segments. However, the presence of active threats
such as the increasing demand for product substitutes could hamper the market
growth. Business activities across sunflower oil have also been examined and
studied by Sunflower Oil Industry’s experienced analysts. The Sunflower Oil
Market Research Report covers findings with predictions and forecasts till
2027.
Key Market Players
The major players of the Sunflower Oil Market are mentioned
below: -
- Hindalco
Industries Limited (India)
- Constellium
(The Netherlands)
- ITEM
GROUP
- Arconic
(US)
- TALCO
(India)
- China
Zhongwang Holdings Limited (China)
- Sainty
Industry Co., Ltd
- Century
Extrusions Limited (India)
- Hydro
Extruded Solutions (Norway)
- ALEX
(Qatar)
- Bonnell
Aluminium (US)
- Gulf
Extrusions Co. LLC (UAE)
- Zahid
Aluminium
- Banco
Aluminium Ltd
Access Report Details @ https://www.marketresearchfuture.com/reports/sunflower-oil-market-8792
Regional Overview:
The Sunflower Oil Market, with its product and
service-related segments, is spread across the world. Sunflower oil based
regional markets are also covered in the market research report. The regional
markets are Asia-Pacific, Europe, North America, the Middle East and Africa and
the rest of the world. The surging usage across different industries is
anticipated to be a major factor for growth across the sunflower oil space
during the forecast period. The regional market in North America is classified
as the United States, Mexico, Canada, and others. The sunflower oil sector
based regional markets in Europe are split into Italy, Germany, France, and the
United Kingdom. In the Asia Pacific region, the market is segmented into China,
India, Japan, and others. Sunflower oil-based businesses in these regional
markets are anticipated to grow due to the presence of many untapped
opportunities across the market during the forecast period 2019 to 2027.
Although the market’s growth could be affected by the availability of
alternative solutions. The analysts have also segmented markets of the Middle
East, Africa, and the rest of the world.
Competitive Landscape:
Sunflower oil-based organizations are profiled in the Market
Research Report. The sunflower
oil industry along with companies and segments has been studied. The
analysis of sunflower oil-based business is also done to identify key
challenges and strengths of these companies. The Global Sunflower Oil Market
Research Report covers SWOT analysis, Porter’s Five Force analysis of major sunflower
oil related organizations. The strategy and other key details of these
companies for the forecast period 2019 to 2027 are covered in the report.
Favorable policies across regional markets is anticipated to support the market
growth as the market is set to grow at a CAGR of 5% and reach a value of
US$22,150.2 million by 2027.
Industry News:
We are now also better able to satisfy India's rising number
of health-conscious customers by introducing Sweekar to our wide range of safe
and low-absorption oils. Cargill announced that it has decided to sell its
processed sunflower oil brand Sweekar to Marico Ltd. The scope of the purchase
is restricted to the individual brand. This transaction not only extends
Cargill's business presence in India's quality sunflower oil market, but it
also enhances Cargill's asset contract of top edible oil commodity brands.
Cargill now manufactures and sells sunflower oil in the United States under the
Nature Fresh and Gemini names.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
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Market Research Future (part of Wantstats Research and
Media Private Limited),
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