Overview of UAE Sunflower Oil Market Size & Future Outlook
According to the latest report by MarkNtel Advisors, the Global UAE Sunflower Oil Market size is estimated to grow at a CAGR of around 3.10% from 2022-2027. This report is designed to enhance user understanding and support informed decision-making by thoroughly analyzing key market shifts, identifying gaps, exploring emerging opportunities, and assessing industry trends and competitive challenges. By combining both qualitative and quantitative data, it offers a comprehensive overview, highlighting growth prospects and providing valuable insights into competitors, helping both established companies and new entrants navigate the current market landscape.
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What are the key drivers influencing the growth of the UAE Sunflower Oil market?
This section provides a detailed analysis of the market drivers and factors is explored thoroughly below.
Burgeoning Lifestyle Disorders
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.
How is the UAE Sunflower Oil market segmented and what are the key factors within each segment?
The UAE Sunflower Oil market has been further segmented into distinct categories. Analyzing growth within these segments allows you to identify niche opportunities, develop targeted strategies, and understand the variations in your core application areas and target markets.
By Application
- Food
- Feed
- Industrial
By Region
- Dubai
- Abu Dhabi
- Sharjah
- Northern Emirates.
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Who are the Key Market Players in the UAE Sunflower Oil industry?
The competitive landscape of the UAE Sunflower Oil market provides a detailed look at the key players in the industry. This includes an overview of each company, their financial performance, revenue generation, and market potential. It also covers their investments in R&D, new market initiatives, production facilities, and strengths and weaknesses. Additionally, the analysis looks at recent product launches, approvals, the range of products offered, their dominance in different applications, and the product life cycle. All of this information is specifically focused on how each company is positioning itself within the market.
Several key players are actively operating in the market, including
- 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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