Key Market Dynamics:
- Market Driver
- Market Challenge
The demand for sunflower oil is one of the key factors driving the growth of the sunflower market. There is a high demand for cooking oil in countries such as India. In 2020, the adverse weather conditions caused global sunflower production to fall by 9 against 2019. This led to the rapid depletion of global stocks and the subsequent rise in sunflower seeds and oil prices. However, the demand for sunflower oil is set to remain stable, supported by the growing consumption of food oil and biofuels. The EU, China, India, Iraq, and Turkey are some of the major destinations for export due to rising food demand from expanding middle class and urban population.
The fluctuation in oilseed crop prices due to lack of land will challenge the sunflower market during the forecast period. Prices of oilseed crops, such as sunflower, are volatile due to variable weather conditions and political instability. This is affecting oil crop producers' output, thus limiting oil supply to manufacturers. Other important issues leading to a decline in specialty oil production levels worldwide include restricted access to funding and a lack of information about contemporary agricultural practices and farm management skills.
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Market Segmentation
The sunflower market report is segmented by type into oilseed and non-oilseed. The oilseed segment will have significant market share growth during the forecast period. The rising incidences of oil adulteration have compelled consumers to purchase approved organic edible oils. The dominance of organic edible oils over inorganic edible oils will drive the sales of organic edible oils in APAC during the forecast period.
By geography, the market has been segmented into Europe, APAC, South America, North America, and Middle East and Africa. Europe will be the leading region with 65% of the market's growth during the forecast period. Russia, Romania, and Ukraine are the key markets for sunflowers in Europe.
View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.
Some Companies Mentioned
- Archer Daniels Midland Co.
- Bunge Ltd.
- Cargill Inc.
- Colorado Mills
- Conagra Brands Inc.
- Corteva Inc.
- Giant Snacks Inc.
- GoldenSun
- Groupe Limagrain Holding
- kaissaoil
- Kenko Trading Co. Ltd.
- MACJERRY SUNFLOWER OIL COMPANY Co. Ltd.
- Mahyco Pvt. Ltd.
- Nufarm Ltd.
- Nuziveedu Seeds Ltd.
- PANNAR Ltd.
- Parakh Group
- REIN Oil
- Syngenta AG
- UPL Ltd.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Oilseeds Market by Type and Geography - Forecast and Analysis 2022-2026
Cranberries Market by Type and Geography - Forecast and Analysis 2022-2026
Sunflower Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.51% |
Market growth 2022-2026 |
USD 8.13 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.03 |
Regional analysis |
Europe, APAC, South America, North America, and Middle East and Africa |
Performing market contribution |
Europe at 65% |
Key consumer countries |
China, Russia, Ukraine, Romania, and Argentina |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., Colorado Mills, Conagra Brands Inc., Corteva Inc., Giant Snacks Inc., GoldenSun, Groupe Limagrain Holding, kaissaoil, Kenko Trading Co. Ltd., MACJERRY SUNFLOWER OIL COMPANY Co. Ltd., Mahyco Pvt. Ltd., Nufarm Ltd., Nuziveedu Seeds Ltd., PANNAR Ltd., Parakh Group, REIN Oil, Syngenta AG, and UPL Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Oilseed - Market size and forecast 2021-2026
- Exhibit 28: Chart on Oilseed - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Oilseed - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Oilseed - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Oilseed - Year-over-year growth 2021-2026 (%)
- 5.4 Non-oilseed - Market size and forecast 2021-2026
- Exhibit 32: Chart on Non-oilseed - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Non-oilseed - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Non-oilseed - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Non-oilseed - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 Europe - Market size and forecast 2021-2026
- Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.5 South America - Market size and forecast 2021-2026
- Exhibit 50: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.6 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 Market opportunity by geography
- Exhibit 62: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 63: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 64: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 65: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 66: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 67: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 68: Matrix on vendor position and classification
- 10.3 Archer Daniels Midland Co.
- Exhibit 69: Archer Daniels Midland Co. - Overview
- Exhibit 70: Archer Daniels Midland Co. - Business segments
- Exhibit 71: Archer Daniels Midland Co. - Key news
- Exhibit 72: Archer Daniels Midland Co. - Key offerings
- Exhibit 73: Archer Daniels Midland Co. - Segment focus
- 10.4 Bunge Ltd.
- Exhibit 74: Bunge Ltd. - Overview
- Exhibit 75: Bunge Ltd. - Business segments
- Exhibit 76: Bunge Ltd. - Key news
- Exhibit 77: Bunge Ltd. - Key offerings
- Exhibit 78: Bunge Ltd. - Segment focus
- 10.5 Cargill Inc.
- Exhibit 79: Cargill Inc. - Overview
- Exhibit 80: Cargill Inc. - Product / Service
- Exhibit 81: Cargill Inc. - Key news
- Exhibit 82: Cargill Inc. - Key offerings
- 10.6 Colorado Mills
- Exhibit 83: Colorado Mills - Overview
- Exhibit 84: Colorado Mills - Product / Service
- Exhibit 85: Colorado Mills - Key offerings
- 10.7 Conagra Brands Inc.
- Exhibit 86: Conagra Brands Inc. - Overview
- Exhibit 87: Conagra Brands Inc. - Business segments
- Exhibit 88: Conagra Brands Inc. - Key news
- Exhibit 89: Conagra Brands Inc. - Key offerings
- Exhibit 90: Conagra Brands Inc. - Segment focus
- 10.8 GoldenSun
- Exhibit 91: GoldenSun - Overview
- Exhibit 92: GoldenSun - Product / Service
- Exhibit 93: GoldenSun - Key offerings
- 10.9 kaissaoil
- Exhibit 94: kaissaoil - Overview
- Exhibit 95: kaissaoil - Product / Service
- Exhibit 96: kaissaoil - Key offerings
- 10.10 MACJERRY SUNFLOWER OIL COMPANY Co. Ltd.
- Exhibit 97: MACJERRY SUNFLOWER OIL COMPANY Co. Ltd. - Overview
- Exhibit 98: MACJERRY SUNFLOWER OIL COMPANY Co. Ltd. - Product / Service
- Exhibit 99: MACJERRY SUNFLOWER OIL COMPANY Co. Ltd. - Key offerings
- 10.11 Parakh Group
- Exhibit 100: Parakh Group - Overview
- Exhibit 101: Parakh Group - Product / Service
- Exhibit 102: Parakh Group - Key offerings
- 10.12 REIN Oil
- Exhibit 103: REIN Oil - Overview
- Exhibit 104: REIN Oil - Product / Service
- Exhibit 105: REIN Oil - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 106: Inclusions checklist
- Exhibit 107: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 108: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 109: Research methodology
- Exhibit 110: Validation techniques employed for market sizing
- Exhibit 111: Information sources
- 11.5 List of abbreviations
- Exhibit 112: List of abbreviations
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