sunflower oil processing industry in egypt

   
sunflower oil processing industry in egypt
                                               
                                               
                                               
                                               
  • sunflower oil processing industry in egypt
Can Egypt produce sunflower oil self-sufficiency?

Sunflower crop was introduced in Egypt in 1987, and the oil content of its seed ranges between 39 and 46% (The Arab league for Nutrition Industries, 2007 ). The Minister of Supply and Internal Trade indicates that Egypt will accomplish sunflower oil creation self-sufficiency by nurturing lands and refining edible oils in bordering Sudan.

What is the global sunflower oil market size?

The global sunflower oil market size was USD 21.95 billion in 2023 and is projected to grow from USD 23.29 billion in 2024 to USD 37.74 billion by 2032 at a CAGR of 6.22% over the forecast period (2024-2032). Europe dominated the sunflower oil market with a market share of 33.62% in 2023.

Why is the sunflower oil market growing?

The rising trend of high-value food worldwide owing to rapid urbanization and improving education levels is likely to support the Sunflower oil market growth. Furthermore, sunflower oil producers in the global market, especially from Asia Pacific, are developing novel products fortified with vitamin A and other nutrients.

How much sunflower oil is produced in 2022-23?

According to the National Sunflower Association, it is estimated that the U.S. sunflower oil production reached 252 metric tonnes in the marketing year 2022-23, an increase from 163 million tonnes in the marketing year 2019-20. The increasing sunflower oil production for culinary purposes is driving the market during the upcoming years.