According to the latest report by IMARC Group, the India sunflower oil market is expected to exhibit a CAGR of 7.6% during 2022-2027.
Sunflower oil is a vegetable oil extracted by pressing sunflower seeds. It has a high smoking point and consists of Vitamin E, polyunsaturated and monounsaturated fatty acids. Sunflower oil offers various health benefits, such as improving the immune system, reducing cholesterol levels, and enhancing heart health. Sunflower oil also has anti-inflammatory properties and supports the skin’s ability to retain moisture. On account of these benefits, sunflower oil is used in the formulation of sun protection creams, eye creams, and anti-aging masks.
Currently, India is among the largest importers and consumers of vegetable oils in the world, including sunflower oil. The high product demand can be attributed to the rising use of sunflower oil in the food processing sector. Moreover, the rising cases of adulteration have prompted market players to invest in improved marketing strategies. Some of the other factors include a large population, rising urbanization rates, increasing health consciousness, and expanding non-food applications.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Sunflower Oil Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis of Type, Packaging Type, Pack Size, Domestic Manufacturing/Imports, Application, Distribution Channel and Region.
Breakup by Type:
- Mid Oleic
- High Oleic
Breakup by Packaging Type:
Breakup by Pack Size:
- Less than 1 Litres
- 1 Litres
- 1 Litres – 5 litres
- 5 Litres – 10 Litres
- 10 Litres and Above
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Breakup by Domestic Manufacturing/Imports:
- Domestic Manufacturing
Breakup by Application:
- Household Cooking
- Food Processing Industry
- Personal Care Industry
- Other Industrial Uses
Breakup by Distribution Channel:
- Direct/Institutional Sales
- Supermarkets and Hypermarkets
- Convenience Stores
Breakup by Region:
- North India
- West and Central India
- East India
- South India
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