(Health-NewsWire.Net, April 19, 2023 ) Maximize Market Research expects the Sunflower Oil Market to grow at a CAGR of 5.2 percent from USD 19.45 Bn in 2021 and reach USD 29.12 Bn by 2029.
Sunflower Oil Market Scope and Research Methodology
The report on Sunflower Oil Market consists of the vital market drivers and restraints with their positive or negative impacts on the market. The tools such as SWOT analysis and PESTLE analysis are used for analyzing the market strengths and weaknesses as well as upcoming opportunities and threats.
The growing population and increasing demand for foods and beverages have led to increased consumption of it commercially for culinary purposes is driving the Sunflower Oil Market. The substitute oils such as Olive oil, Canola oil and Coconut Oil acts as a restraint in the market growth.
Sunflower Oil Market Regional Insights
European region had the largest sunflower oil market share in 2021 with a share of USD 6.28 Bn and increasing consumption of sunflower oil is driving the market in this region.
Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
Avocado Oil Market– The market size is expected to grow at a CAGR of 5.81 percent and reach USD 868.83 Mn during the forecast period of 2022-2029.
Edible Oils Market– The market size is expected to grow and reach USD 189.84 Bn at a CAGR of 7.6 percent during the forecast period of 2022-2029.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
