Helianthus Annuus Sunflower Seed Oil Market Scope
Sunflower (Helianthus annuus L.) is a rapidly developing crop among world field crops, and its fatty acid makeup makes it distinctive in numerous ways. Although sunflower genotypic characteristics have the most influence on fatty acid content, ecological properties and climate also have an impact. Sunflower oil is divided into three types: normal, mid-oleic acid, and high-oleic acid. Sunflower is very important all over the world since it is used to make biodiesel and margarine (artificial butter made up of vegetable oil and water). Helianthus annuus is also effective in removing harmful substances from water and soil.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Khadi Natural (India), Jedwards International, Inc. (United States), Skincare Ox (United States), International Cosmetics Science Centre A/S (Denmark), Absolute Aromas Group (United Kingdom), AEOLIS (Aegean), Croda International plc (United Kingdom), American International Chemical LLC. (United States), Camden-Grey Essential Oils, Inc. (United States) and Henry Lamotte OILS GmbH (Germany) |
CAGR | 6.12% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Helianthus Annuus Sunflower Seed Oil market throughout the predicted period.
Khadi Natural (India), Jedwards International, Inc. (United States), Skincare Ox (United States), International Cosmetics Science Centre A/S (Denmark), Absolute Aromas Group (United Kingdom), AEOLIS (Aegean), Croda International plc (United Kingdom), American International Chemical LLC. (United States), Camden-Grey Essential Oils, Inc. (United States) and Henry Lamotte OILS GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are McCormik and Company (United States), Richardson International (Canada), Macjerry Sunflower Oil Company Co. Ltd (United States), Archer Daniels Midland Co. (United States) and Kernel Ltd. (Ukraine).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Helianthus Annuus Sunflower Seed Oil market by Type , by Application (Hair care, Skincare, Aromatherapy, Food and Others) and Region with country level break-up.
On the basis of geography, the market of Helianthus Annuus Sunflower Seed Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
On March 8, 2023, Bunge acquired its rival, ADM's, oilseeds processing business in Ukraine. This acquisition strengthens Bunge's position in the sunflower oil industry, particularly in the Black Sea region, a major sunflower oil production area.
On 6th May, 2021 - Sky Organics Launched its USDA-certified Organic Skin Care Collection. The New Offering Consists of Makeup Cleansing Oil, Moisturizing Green Tea Face Wash, Revitalizing Face Scrub, Antioxidant Day Serum, Bakuchiol Night Serum, Moisturizing Marula Face Lotion Featuring Helianthus Annuus (Sunflower) Seed Oil as Key Ingredient.
Influencing Trend:
Emergence of Advance Extraction Procedure
Market Growth Drivers:
Rising Healthcare Awareness and High Investment in Celebrity Endorsement
Challenges:
Market Penetration Across New Regions
Restraints:
Technological limitations and Skewed Player Distribution
Opportunities:
Growing Demand Across South Asian Regions
Key Target Audience
Sunflower Seed Oil Manufactures, New Entrants and Investors, Sunflower Seed Oil Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others