Market Size of United Arab Emirates Sunflower Oil Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 231 Million |
Market Size (2029) | USD 282 Million |
CAGR (2024 - 2029) | 4.07 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
United Arab Emirates Sunflower Oil Market Analysis
The United Arab Emirates Sunflower Oil Market size is estimated at USD 231 million in 2024, and is expected to reach USD 282 million by 2029, growing at a CAGR of 4.07% during the forecast period (2024-2029).
The use of sunflower oil in the United Arab Emirates is rising across the country due to increased demand from various industrial, foodservice, and household consumers. Consumers are becoming increasingly aware of the health benefits offered by sunflower oil and, hence, are getting attracted to it. Cardiovascular diseases are one of the leading causes of death in the United Arab Emirates, and the country has witnessed a higher number of heart attacks in young adults over the past few years, resulting from high cholesterol levels, obesity, and diabetes. For instance, according to the International Diabetes Federation, as of 2021, more than 990.9 thousand people in the United Arab Emirates were estimated to be diabetic, while 634.2 thousand people were suffering from undiagnosed diabetes symptoms. In addition, 1,177.5 thousand people in the United Arab Emirates are expected to have diabetes by 2030. Hence, consumers are opting for healthy edible oils to reduce instances of heart attacks and diabetes, which is promoting the demand for sunflower oil across the country.
Market players are introducing sunflower oil enriched with vitamins such as A, D, and E, as well as antioxidants, thereby making it an excellent choice for health-conscious consumers. With product ingredients and raw materials sourcing becoming of utmost importance to consumers, manufacturers are offering cold-pressed and organic sunflower oil in the UAE market. For instance, brands such as Carrefour and Noor offer sunflower oil in the UAE market that is enriched with vitamins A and D and antioxidants. The products are made from carefully selected sunflower seeds that are low in saturated fats, making them high-quality cooking oil.