The current UAE Sunflower Oil market research report provides a comprehensive overview of various variables that influence the business portfolio, future outlook, present crisis analysis with significant innovations, and product & service segmentation. The research analyzes key statistics on market size, major drivers, growth opportunities & challenges, competitive analysis, and revenue share of leading corporations/industries/companies, namely -

-Abu Dhabi Vegetable Oil Company

-United Foods Company

-The Savola Group

-IFFCO Group

-Rafael Salgado S.A.

-Cargill Incorporated

-Amira Nature Foods Ltd.

-Archer-Daniels-Midland Company

-Sime Darby Plantation Berhad

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According to the research report, the UAE Sunflower Oil Market is expected to expand at a CAGR of 3.10% during 2022-27.

Market Definition: Sunflower oil can be defined as fatty oil extracted from the seeds of the common sunflower and is used chiefly in foods, soaps, varnishes, and paints. Sunflower oil provides more Vitamin E than any other vegetable oil. It is a combination of monounsaturated & polyunsaturated fats with low saturated fat levels. The growth in health consciousness among the individuals in the UAE is contributing significantly to the rise in the sales of sunflower oil.

Key Driver: The high income of the residents of the UAE & surging expenditure on the consumption of fast foods has led to various diseases. Obesity, diabetes, heart disease, and other chronic diseases are primarily the result of excessive consumption of packaged & junk food. Besides, the high calorific packaged food & beverages combined with least to no physical activity has been the main factor for the increasing lifestyle disorders in the country. Thus, the consumers have inclined towards adopting a healthy lifestyle that includes the consumption of healthy oil such as sunflower oil as a remedy for curing gastrointestinal diseases, obesity, and fatty liver diseases. According to World Obesity Federation (WOF), 2020, significant growth in overweight & obesity has been observed in the population of the UAE. Edible oils have been a prime factor in the growth of obesity due to a large amount of fatty acid it contains.

Possible Restraint: Owing to the presence of substitutes such as canola oil, rapeseed oil, coconut oil, olive oil, etc., sunflower oil has been facing considerable competition in increasing its market share in the overall UAE Edible Oil market. In addition, oils such as canola & coconut offer more nutritional value at a lesser price than sunflower in the market. In comparison, it is observed that canola oil is around 20% less expensive than sunflower oil. Thus, due to the prevalence of more substitutes & being an expensive product, the sunflower oil market is facing challenges in penetrating the market at a higher pace in the UAE.

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The Market segments are cited below:

Market Divided into, By Application

-Food

-Feed

-Industrial

Regional Landscape includes Dubai, Abu Dhabi, Sharjah, Northern Emirates

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Key Citations of the Research Report:

-Influential parameters driving or constraining Market growth

-The Market's response to the Covid-19 pandemic

-A thorough examination of the Market's shifting dynamics

-Assists in determining the profitability by providing thorough insights & assessments of -various segments of the Market

-Key strategies adopted by market leaders to maintain their position in the Market

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