• 2025 africa hot-selling oil refinery palm/sunflower in India
  • 2025 africa hot-selling oil refinery palm/sunflower in India
  • 2025 africa hot-selling oil refinery palm/sunflower in India
  • 2025 africa hot-selling oil refinery palm/sunflower in India
  • How big is the sunflower oil market?
  • The market size and forecast are provided in terms of value (USD million) for all the above-mentioned segments. The Sunflower Oil Market size is estimated at USD 35.98 billion in 2024, and is expected to reach USD 48.26 billion by 2029, growing at a CAGR of 6.05% during the forecast period (2024-2029).
  • Which countries produce sunflower oil?
  • Such trends have aided the market growth of sunflower oil in the region. There are two major producers of sunflower seed oil worldwide: Russia and Ukraine. In Russia, the oil and fat industry is one of the leading sub-sectors of the food processing industry, and sunflower oil production increased exponentially in the past decade.
  • Why are palm oil prices so high in 2024?
  • The ongoing export restrictions by competing countries are expected to sustain high palm oil prices beyond 2024. Between 2025 and 2027, the palm oil industry is expected to expand due to increased production driven by favorable weather conditions from La Niña impacts, which will lead to higher yields per rai of oil palm.
  • What is the outlook for palm oil refiners?
  • Palm oil refiners: Business performance is expected to continue growing, driven by an anticipated 3.0%-4.0% increase in demand for crude palm oil for refining. This growth aligns with the expansion of the food industry, supported by the recovery of the tourism, hotel, and restaurant sectors.
  • How did palm oil market perform in 2024?
  • Domestic sales strengthened in 2024 on heavier demand for use in the transport industry, although consumption of refined palm oil contracted (Table 2). Demand for crude palm oil inched up 0.3% to 2.49 million tonnes.
  • How is the global sunflower oil market segmented?
  • The global sunflower oil market is segmented by type (linoleic oil, mid-oleic oil, and high-oleic oil), application (food, biofuels, and personal care), and geography (North America, Europe, Asia Pacific, South America, and Middle-East & Africa). For each segment, the market sizing and forecasting have been done in value terms (USD million).