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Sunflower Oil Market
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Sunflower Oil Market

Author: Debadatta Patel - Senior Consultant, Report ID - DS1901009, Published - December 2024

Segmented in Type (Refined Sunflower Oil, Cold-Pressed Sunflower Oil), Application (Food, Personal Care, Industrial Use) and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2023 – 2033

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Global Sunflower Oil Market Outlook

Sunflower oil is a vegetable oil that is known for its versatility and widespread use among consumers due, to its mild taste and ability to withstand high cooking temperatures without burning easily. The market, for Sunflower oil was estimated at $29.5 billion in 2023. It is anticipated to increase to $42.9 billion by 2030 with projections indicating a growth to around $56.1 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 5.5% over the forecast period.


The market for sunflower oil is growing steadily due to a change in consumer preferences towards environmentally friendly cooking oils. Trends show an increasing desire for squeezed and organic sunflower oils indicating a general interest, in less processed and premium products.


Market Size Forecast & Key Insights

2018
$29.5B2023
2028
$50.4B2033

Absolute Growth Opportunity = $20.9B

The Sunflower Oil market is projected to grow from $29.5 billion in 2023 to $50.4 billion in 2033. This represents a CAGR of 5.5%, reflecting rising demand across Food Industry, Industrial Use and Personal Care.

The Sunflower Oil market is set to add $20.9 billion between 2023 and 2033, with manufacturer targeting Personal Care & Industrial Use Application projected to gain a larger market share.

With Health benefits, and Growing demand for organic products, Sunflower Oil market to expand 71% between 2023 and 2033.

Opportunities in the Sunflower Oil Market

Organic Market Expansion

The increasing desire for sunflower oil in advanced markets presents excellent prospects, for producers who prioritize sustainability.

Emerging Market Growth and Technological Innovations

The rising demand for sunflower oil in Africa and Asia is creating opportunities for growth, in the personal care sectors.

Developments, in the methods of pressing and refining have improved the quality of products and are catching the attention of environmentally conscious consumers.

Growth Opportunities in Europe and Asia-Pacific

Asia Pacific Outlook

Asia Pacific is experiencing population growth and a booming food industry sector. This region plays a role in the sunflower oil markets expansion due to its usage, in cooking and personal care products.

Europe Outlook

Europe stands out as the consumer of sunflower oil due to its popularity in cooking and industrial uses and also for biodiesel production demands are met with a focus on organic and cold pressed options, by companies.

Europe Outlook

Europe stands out as the consumer of sunflower oil due to its popularity in cooking and industrial uses and also for biodiesel production demands are met with a focus on organic and cold pressed options, by companies.

Asia-Pacific Outlook

Asia Pacific is experiencing population growth and a booming food industry sector. This region plays a role in the sunflower oil markets expansion due to its usage, in cooking and personal care products.

Growth Opportunities in Europe and Asia-Pacific

Established and Emerging Market's Growth Trend 2024–2033

1

Major Markets : Ukraine, Russia, Argentina, Turkey, India are expected to grow at 3.6% to 5.3% CAGR

2

Emerging Markets : China, Brazil, South Africa are expected to grow at 6.3% to 7.6% CAGR

Market Analysis Chart

The popularity of sunflower oil is fueled by its health advantages and the increasing interest in products amid ongoing issues like weather impact and price variations. The prospect of growth in developing markets and the introduction of production techniques offer promising opportunities, for expansion.

Recent Developments and Technological Advancement

October 2024

Bunge Limited introduced a line of organic sunflower oil specially designed for health conscious individuals.

March 2024

Recently Cargill enhanced its refining facilities for sunflower oil, in Eastern Europe with the goal of increasing production.

January 2024

ADM launched a line of high quality cold pressed sunflower oil specifically designed for gourmet culinary purposes.

The industrys emphasis on health and sustainability is evident in the developments, like Bunges introduction of organic products and ADMs high quality cold extracted oils.

Impact of Industry Transitions on the Sunflower Oil Market

As a core segment of the Food & Beverage industry, the Sunflower Oil market develops in line with broader industry shifts. Over recent years, transitions such as Sustainability Initiatives and Value-Added Products have redefined priorities across the Food & Beverage sector, influencing how the Sunflower Oil market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Sustainability Initiatives:

Businesses are embracing eco friendly farming and processing methods to lessen their ecological footprint and fulfill consumer expectations.

2

Value-Added Products:

Innovative products such as flavored oils and high quality sunflower oils are enhancing customer interaction. Broadening the range of products available, in the market.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Food & Beverage industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Food & Beverage industry cascade into the Sunflower Oil market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Health Benefits, and Industrial Applications

Sunflower oil is also valued for its content of healthy fats and vitamin E that support heart health. This has also led to its use, in both food and personal care items.
Sunflower oils significance in energy and industrial sectors is also highlighted by its applications, in biodiesel and lubricants.
Consumers are also becoming more aware. Showing a preference, for natural products as seen in the growing popularity of organic and non GMO sunflower oil.

Restraint: Climate Vulnerabilities, and Competition from Alternatives

The growth of sunflower crops is greatly influenced by weather conditions and is vulnerable, to the effects of climate change.
Competitors for sunflower oil include palm and soybean oils, in markets where costs a significant factor.

Challenge: Price Volatility

Supply and demand dynamics cause fluctuations, in raw material costs that impact pricing and profitability significantly for smaller producers.

Supply Chain Landscape

Seed Suppliers

Monsanto

Syngenta

Processors and Refiners

Bunge Limited

Cargill

ADM

End User
Food Manufacturers / Personal Care Brands / Industrial Producers
Seed Suppliers

Monsanto

Syngenta

Processors and Refiners

Bunge Limited

Cargill

ADM

End User

Food Manufacturers

Personal Care Brands

Industrial Producers

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Food Industry
Cooking and Baking
Bunge Limited, Cargill
Focus on high-quality and organic oils
Personal Care
Skincare and Haircare
L'Oréal, Johnson & Johnson
Sustainably sourced and antioxidant-rich formulations
Industrial Use
Biodiesel and Lubricants
ADM, AAK AB
Refined techniques for sustainability and efficiency
Health Foods
Non-GMO Oils
Wilmar International, Conagra Brands
Emphasis on purity and premium products

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Sunflower Oil market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Sunflower Oil in Industrial Use, Personal Care and Food Industry

Industrial Use

Sunflower oil is used in making biodiesel and as a lubricant for industries with ADM and AAK AB implementing methods to enhance productivity and eco friendliness, in producing industrial grade oil.

Personal Care

Sunflower oils moisturizing and antioxidant qualities make it a popular ingredient in skincare and haircare products used by known brands such, as LOreal and Johnson & Johnson that are now including sustainably sourced sunflower oil in their product offerings to attract environmentally conscious consumers.

Food Industry

Sunflower oil is commonly used in cooking. Baking as well as for frying because of its mild flavor and health advantages it offers to consumers concerned about their well being. Top corporations, like Bunge Limited and Cargill prioritize the production of organic sunflower oil to meet the demands of health conscious individuals.

Sunflower Oil vs. Substitutes:
Performance and Positioning Analysis

Sunflower oil continues to be a popular choice for its nutritional benefits, versatility, and sustainability. Despite competition from palm and soybean oils, its reputation as a natural and healthy option ensures sustained demand

Sunflower Oil
  • Palm Oil /
  • Olive Oil /
  • Soybean Oil
    Nutritional benefits and diverse applications
    Climate dependency and cost pressures
    Widely available and affordable
    Lower heat stability compared to some alternatives

Sunflower Oil vs. Substitutes:
Performance and Positioning Analysis

Sunflower Oil

  • Nutritional benefits and diverse applications
  • Climate dependency and cost pressures

Palm Oil / Olive Oil / Soybean Oil

  • Widely available and affordable
  • Lower heat stability compared to some alternatives

Sunflower oil continues to be a popular choice for its nutritional benefits, versatility, and sustainability. Despite competition from palm and soybean oils, its reputation as a natural and healthy option ensures sustained demand

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Research Methodology

This market research methodology defines the Sunflower Oil market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Food & Beverage ecosystem, we analyze Sunflower Oil across Food, Personal Care, and Industrial Use Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

Food and Agriculture Organization (FAO)

Food Substances - FDA

Prodcom / Census US / Statcan / e-stat Japan / ABS Australia / KOSIS Korea

USA Trade Census

DEFRA UK / Ifastat

Climate.gov

Annual Reports / Industry Magazines / Country Level Ministerial Sources

We benchmark competitors such as Bunge Limited, Cargill, and ADM by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Seed Suppliers, Processors and Refiners, and End User. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Food & Beverage revenues to estimate the Sunflower Oil segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Seed Suppliers (Monsanto, Syngenta), Processors and Refiners (Bunge Limited, Cargill), and End User. Our parallel substitute analysis examines Palm Oil, Olive Oil, and Soybean Oil, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Bunge Limited, Cargill, and ADM, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Sunflower Oil market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Sunflower Oil Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2024USD 31.1 billion
Revenue Forecast in 2033USD 50.4 billion
Growth RateCAGR of 5.5% from 2024 to 2033
Base Year for Estimation2023
Industry Revenue 202329.5 billion
Growth OpportunityUSD 20.9 billion
Historical Data2018 - 2022
Growth Projection / Forecast Period2024 - 2033
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 202329.5 billion USD
Market Size 202634.6 billion USD
Market Size 202838.6 billion USD
Market Size 203042.9 billion USD
Market Size 203350.4 billion USD
Market Size 203556.1 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredType, Application
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledBunge Limited, Cargill, ADM, AAK AB, Wilmar International, Conagra Brands, Archer Daniels Midland, Louis Dreyfus Company, CHS Inc, L'Oréal and Johnson & Johnson
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Sunflower Oil Market Size, Opportunities & Strategic Insights, by Type

4.1Refined Sunflower Oil
4.2Cold-Pressed Sunflower Oil
Chapter 5

Sunflower Oil Market Size, Opportunities & Strategic Insights, by Application

5.1Food
5.2Personal Care
5.3Industrial Use
Chapter 6

Sunflower Oil Market, by Region

6.1North America Sunflower Oil Market Size, Opportunities, Key Trends & Strategic Insights
6.1.1U.S.
6.1.2Canada
6.2Europe Sunflower Oil Market Size, Opportunities, Key Trends & Strategic Insights
6.2.1Germany
6.2.2France
6.2.3UK
6.2.4Italy
6.2.5The Netherlands
6.2.6Rest of EU
6.3Asia Pacific Sunflower Oil Market Size, Opportunities, Key Trends & Strategic Insights
6.3.1China
6.3.2Japan
6.3.3South Korea
6.3.4India
6.3.5Australia
6.3.6Thailand
6.3.7Rest of APAC
6.4Middle East & Africa Sunflower Oil Market Size, Opportunities, Key Trends & Strategic Insights
6.4.1Saudi Arabia
6.4.2United Arab Emirates
6.4.3South Africa
6.4.4Rest of MEA
6.5Latin America Sunflower Oil Market Size, Opportunities, Key Trends & Strategic Insights
6.5.1Brazil
6.5.2Mexico
6.5.3Rest of LA
6.6CIS Sunflower Oil Market Size, Opportunities, Key Trends & Strategic Insights
6.6.1Russia
6.6.2Rest of CIS
Chapter 7

Competitive Landscape

7.1Competitive Dashboard & Market Share Analysis
7.2Company Profiles (Overview, Financials, Developments, SWOT)
7.2.1Bunge Limited
7.2.2Cargill
7.2.3ADM
7.2.4AAK AB
7.2.5Wilmar International
7.2.6Conagra Brands
7.2.7Archer Daniels Midland
7.2.8Louis Dreyfus Company
7.2.9CHS Inc
7.2.10L'Oréal
7.2.11Johnson & Johnson