India Sunflower Oil Market Size, Share, Trends and Forecast 2023-2028

India Sunflower Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2407

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Market Overview:

The India sunflower oil market is expected to exhibit a growth rate (CAGR) of 7.3% during 2023-2028.

Sunflower oil is derived from sunflower seeds and currently represents the third most consumed edible oil by volume in India after palm oil and soybean oil. Currently, most of the sunflower oil demand comes from the southern states of India. Domestic production of sunflower oil is limited and most of the demand is met by imports. Ukraine currently represents the largest exporter of sunflower oil to India.

Some of the key drivers of the sunflower oil market in India include its large population, rising urbanization rates, increasing health consciousness, and its rising nonfood applications. Sunflower oil consists of a mix of monounsaturated and polyunsaturated fatty acids and has a high smoking point. It is also considered perfect for Indian cuisines as it can hold onto its nutritional content at higher temperatures. Furthermore, sunflower oil is also associated with numerous health benefits. This includes, its ability to improve the immune system, reduce cholesterol, enhance heart health, etc. Additionally, sunflower oil is also extremely rich in Vitamin E and finds wide applications in the cosmetics industry.

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The outbreak of the COVID-19 pandemic, in early 2020, however, has had a negative impact on the demand of sunflower oil in India. The pandemic resulted in a nationwide lockdown in the country which led to disruptions in the supply chains of sunflower oil. The India sunflower oil market, however, is expected to recover from 2021 onwards and exhibit strong in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India sunflower oil market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, packaging type, pack size, domestic manufacturing/imports, application and distribution channel.

Breakup by Type:

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Linoleic
Mid Oleic
High Oleic

Breakup by Packaging Type:

Pouches
Jars
Cans
Bottles

Breakup by Pack Size:

Less than 1 Litres
1 Litres
1 Litres - 5 litres
5 Litres - 10 Litres
10 Litres and Above

Breakup by Domestic Manufacturing/Imports:

Domestic Manufacturing
Imports

Breakup by Application:

Household Cooking
HoReCa
Food Processing Industry
Personal Care Industry
Other Industrial Uses

Breakup by Distribution Channel:

Direct/Institutional Sales
Supermarkets and Hypermarkets
Convenience Stores
Online
Others

Breakup by Region:

North India
West and Central India
East India
South India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Type, Packaging Type, Pack Size, Domestic Manufacturing/Imports, Application, Distribution Channel, Region
Region Covered	North India, West and Central India, East India, South India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the India sunflower oil market to exhibit a CAGR of 7.3% during 2023-2028.

The rising adoption of sunflower oil by individuals, as it aids in improving the immune system, reducing cholesterol levels, enhancing heart health, etc., is primarily driving the India sunflower oil market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of sunflower oil across the nation.

Based on the type, the India sunflower oil market can be segmented into linoleic, mid oleic, and high oleic. Currently, linoleic holds the majority of the total market share.

Based on the packaging type, the India sunflower oil market has been divided into pouches, jars, cans, and bottles. Among these, bottles currently exhibit a clear dominance in the market.

Based on the pack size, the India sunflower oil market can be categorized into less than 1 liters, 1 liters, 1 liters - 5 liters, 5 liters - 10 liters, and 10 liters and above. Currently, 1 liters account for the majority of the total market share.

Based on the domestic manufacturing/imports, the India sunflower oil market has been segregated into domestic manufacturing and imports, where domestic manufacturing currently exhibits a clear dominance in the market.

Based on the application, the India sunflower oil market can be bifurcated into household cooking, HoReCa, food processing industry, personal care industry, and other industrial uses. Currently, household cooking holds the largest market share.

On a regional level, the market has been classified into North India, West and Central India, East India, and South India, where West and Central India currently dominates the India sunflower oil market.

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