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- What is the global sunflower oil market size?
- The global sunflower oil market size was valued at USD 41.43 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. One of the major drivers of the sunflower oil market is the increasing awareness and emphasis on health and nutrition.
- What are the technological advancements in sunflower oil extraction & processing?
- Technological advancements in the extraction and processing of sunflower oil. Modern oil extraction methods, such as cold pressing and solvent extraction, are more efficient and result in higher oil yields. These methods also contribute to maintaining the quality of the oil, meeting consumer expectations for a premium product.
- What is the segmentation of sunflower oil market?
- Based on product, the sunflower oil is market is segmented into high oleic, mid-oleic, linoleic. Mid-oleic sunflower oil held the highest share in 2022. Mid-oleic sunflower oil, known for its equilibrium between oleic and linoleic acid content, stands out as a wholesome option, delivering essential fatty acids.
- What is mid-oleic sunflower oil?
- The composition of mid-oleic sunflower oil makes it a stable and economical choice for mass production, meeting the nutritional needs of a broad consumer base while ensuring a longer shelf life for snack products. On the basis of application, the market is segmented into food, biofuel, personal care, and others.
- Why is sunflower oil so popular?
- Its popularity in cooking applications is further driven by its affordability, making it an accessible and economical choice for consumers and food manufacturers alike. Europe dominated the sunflower oil market in 2022. Health-conscious trends in Europe have significantly influenced the sunflower oil market.
