sunflower oil processing plant for world market in kuwait

   
sunflower oil processing plant for world market in kuwait
                                               
                                               
                                               
                                               
  • sunflower oil processing plant for world market in kuwait
What is the global sunflower oil market size?

The global sunflower oil market size was valued at USD 41.43 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. One of the major drivers of the sunflower oil market is the increasing awareness and emphasis on health and nutrition.

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.

Which country dominated the sunflower oil market in 2023?

Europe dominated the sunflower oil market with a market share of 33.62% in 2023. 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.

What is the export/production ratio of sunflower?

If we compare the export/production ratio of the main products involved in the vegetable oils and proteins markets, we see that sunflower is traded mainly after processing: 55% of the oil volumes were exported in 2018/19, 38% of the meals, and only 5% of the harvested seeds.