Sunflower Oil Market Size 

The global sunflower oil market size was valued at $22.91 billion in 2024 and is projected to reach $32.14 billion by 2030, growing at a CAGR of 5.8% during the forecast period.

Sunflower Oil Market Overview

Sunflower oil is a widely used vegetable oil extracted from sunflower seeds. Recognized for its light flavour and high smoke point, it is a popular choice for cooking, frying, and baking. With its golden hue and neutral taste, sunflower oil is suitable for various culinary applications, ranging from salad dressings to stir-fries. Beyond its culinary uses, sunflower oil is also valued for its potential health benefits. It is rich in vitamin E, an antioxidant that supports skin health and boosts the immune system. Additionally, it contains unsaturated fats, including linoleic acid, which may help lower cholesterol levels and reduce the risk of heart disease. Sunflower oil's versatility, mild flavour, and potential health benefits make it a staple in kitchens around the world.

Sunflower Oil Market Dynamics

• The sunflower oil market is expected to witness significant growth in the future due to the increasing consumer preference for healthy cooking oils, growing demand from the food industry for versatile cooking ingredients, and rising awareness about the health benefits of sunflower oil.

• Additionally, the expanding applications in various industries such as cosmetics and pharmaceuticals, continuous product innovations and technological advancements in oil extraction processes, and emerging markets with increasing disposable income are the prominent factors driving the growth of the sunflower oil market.

• However, the fluctuating prices of raw materials and competition from other vegetable oils in the market are restraining the market growth.

• On the contrary, the development of organic and non-GMO sunflower oil products, expansion of distribution channels and penetration into new regions, and growing trend towards plant-based diets and vegan products are creating opportunities for market growth.

By End User, the Food Services Segment Held the Dominant Position in the Market

The food services segment maintained its leading position in the market during the forecast period due to the rising demand for versatile and healthy cooking oil in the food industry. Sunflower oil is preferred by restaurants, cafes, and other food services because it has a light flavour that doesn't overpower the taste of dishes. It's also rich in vitamin E and low in saturated fats, making it a healthier choice compared to some other cooking oils. Sunflower oil can be used for frying, baking, salad dressings, and more, making it suitable for a wide range of recipes. Its affordability and availability further contribute to its popularity in the food services industry, where it's used in large quantities to prepare various dishes while meeting health-conscious consumer preferences.

By Geography, North America Dominates by Being the Largest Market for Sunflower Oil

North America stands out as the largest market for sunflower oil due to the increasing incidence of cardiovascular diseases and a growing preference for healthy food options, particularly snacks and functional foods. In Canada, sunflower cultivation focuses on both oilseed and confectionary varieties, with most domestically produced sunflower oil consumed within the country or exported. The major varieties cultivated in Canada are NuSun or mid-oleic sunflowers. Mexico, on the other hand, heavily relies on fossil fuels and coal for energy, but the government is investing in biodiesel development, creating a potential surge in demand for sources like sunflower oil.

Key Target Audience:

• Food Manufacturers and Processors

• Retailers 

• Restaurants and Food Service Industry

• Agricultural Producers 

• Government Regulatory Bodies

List of the Key Players Profiled in the Report Includes: 

• Abu Dhabi Vegetable Oil Company   

• Archer Daniels Midland Company 

• Bunge Ltd. 

• Cargill Incorporated 

• Conagra Brands, Inc.

• Colorado Mills 

• Parakh Group 

• Rein Oil CC 

• Macjerry Sunfloweroil Co. Ltd. 

• Kaissaoil 

• AAK AB

• CHS Inc.

Recent Developments:

• In February 2023, Cargill introduced Gemini Pureit sunflower oil in Karnataka, showing its commitment to offering more cooking oil options in South India. Now, people in Andhra Pradesh, Karnataka, Telangana, and Tamil Nadu can buy Gemini Pureit from authorized shops. This effort reflects Cargill's dedication to making its cooking oils more accessible in the area.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:

• Linoleic Oil

• Mid-Oleic Oil

• High-Oleic Oil

Market by, Distribution Channel: 

• Online Channels 

• Supermarkets/Hypermarkets

• Convenience Stores

Market by, Application: 

• Cooking

• Cosmetics

• Personal Care 

• Other Applications

Market by, End User:

• Industrial

• Food Services

• Household

Market by, Geography:

The sunflower oil market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis

• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:

The report oGlobal Sunflower Oil Market: Industry Analysis, Opportunities and Forecast up to 2030o by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:

• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.

• Analysis of the market structure by identifying various segments and sub-segments of the market.

• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.

• Understand major player profiles in the market and analyze their business strategies.

• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.