Market Overview:

The India sunflower oil market is expected to exhibit a CAGR of 7.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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.

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, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, packaging type, pack size, domestic manufacturing/imports, application and distribution channel.

Breakup by Type:

• 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:

Key Questions Answered in This Report:

• How has the India sunflower oil market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the India sunflower oil market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the packaging type?
• What is the breakup of the market based on the pack size?
• What is the breakup of the market based on the domestic manufacturing/imports?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the India sunflower oil market and who are the key players?
• What is the degree of competition in the industry?