The global sunflower oil market size was USD 23.29 billion in 2024. The market is projected to grow from USD 24.72 billion in 2025 to USD 37.74 billion by 2032 at a CAGR of 6.23% over the forecast period (2025-2032). Europe dominated the sunflower oil market with a market share of 33.53% in 2024. Moreover, the sunflower oil market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 261.72 million by 2032, driven by growing utilization of the product in various culinary preparations, animal feed, and others.

Sunflower (Helianthus) is a native crop of North and Central America widely cultivated for its seeds, flowers, and oil extraction. The oil derived from the seeds is extensively used in food, energy, and chemical industries globally. However, its wide utilization in the food industry is one of the factors boosting the market growth. According to the research paper published in Oilseeds & fats Crops and Lipids (OCL) 2020, sunflower seed oil is the fourth largest consumed vegetable oil in the world. The oil is rich in oleic acid, linoleic acid, and other essential nutrients that lower bad cholesterol levels in the body.

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Market Segments:

Mid-Oleic Sunflower Oil to Hold the Largest Share

Based on type, the market is segmented into high-oleic, mid-oleic, and linoleic. The mid-oleic segment is expected to account for the largest share during the forecast period, driven by its high demand in cooking oils due to its excellent dietary benefits. The lower trans fat content and health advantages of mid-oleic sunflower oil will further enhance market opportunities. According to the National Sunflower Association (NSA), the mid-oleic variant has been shown to reduce cholesterol levels.

By end-user, the market is categorized into household/retail, foodservice/HORECA, and industrial. The foodservice/HORECA segment is projected to hold the largest share during the forecast period due to the increasing use of sunflower seed oil in the foodservice sector. The rising consumer preference for dining out and the expansion of restaurant chains will drive segment growth. According to a report by Agriculture and Agri-Food Canada, in 2018, 80.5% of edible cooking oils in India were consumed in restaurants, while 6.4% of sales were attributed to pubs, bars, and clubs.

Geographically, the market is segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Market Highlights:

  • Comprehensive market analysis
  • Insightful data and authoritative information
  • Key drivers and restraints
  • Detailed insights into emerging developments
  • Regional statistics and market trends
  • Impact of COVID-19 on the industry

Driving Factor:

Increasing Biodiesel Production to Drive Market Growth

The depletion of fossil fuels has accelerated the shift toward biofuels, including biodiesel derived from vegetable oils, which is expected to propel market growth. Sunflower seeds have a high oil content, yielding approximately 600 pounds of oil per acre. The increasing reliance on sunflower seeds for biodiesel production is anticipated to significantly impact the global sunflower oil market. Additionally, the ease of harvest and high-profit yields associated with sunflower seeds will further boost demand. The sustainability and eco-friendliness of sunflower oil in cooking applications may also contribute positively to industry growth during the forecast period.

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Regional Insights:

Rising Sunflower Oil Consumption to Fuel Market Growth in Europe

Europe accounted for a market value of USD 6.28 billion and is expected to hold the largest share of the sunflower oil market during the forecast period. Growth in the region is primarily driven by increasing sunflower oil consumption. Russia and Ukraine are the world’s leading producers of sunflower seed oil, contributing significantly to market expansion. The rising demand for this healthy cooking oil is expected to support further growth in the regional market. According to an article published in the Oil Palm Industry Economic Journal (2018), Russia produced 4.6 million tonnes of sunflower seed oil in 2017. Additionally, the fast-paced lifestyles of European consumers will further drive market growth.

The Asia Pacific region is expected to register the highest share in the global market during the forecast period. This growth is attributed to the widespread use of sunflower seed oil in bakery, snack, and confectionery production. The expanding bakery industry is anticipated to further support market expansion in the region.

The Report Lists the Key Companies in the Global Market:

  • Abu Dhabi Vegetable Oil Company (ADVOC) (Abu Dhabi, UAE)
  • Conagra Brands, Inc. (Illinois, United States)
  • Colorado Mills (Colorado, United States)
  • Archer Daniels Midland Company (Illinois, United States)
  • Bunge Ltd. (Missouri, United States)
  • Cargill, Incorporated (Missouri, United States)
  • Parakh Group (Maharashtra, India)
  • Rein Oil CC (Western Cape, South Africa)
  • Macjerry Sunfloweroil Co. Ltd. (Ukraine)
  • Kaissaoil (Ukraine)

Key Development:

  • July 2020: Amul, an Indian dairy cooperative society, introduced its new edible oil brand, Janmay, in Gujarat, India. The product range includes groundnut oil, soybean oil, sunflower oil, and other major cooking oils.

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