Noida, India -- (SBWIRE) -- 03/18/2014 -- High growth of income levels and upliftment of standard of living are providing requisite boost to the Indian Sunflower oil market. Further, growing middle class population, which is a major consumer of refined oil, are rising significantly in the country exhibiting huge demand potential for future. Moreover, with growing health consciousness, its various advantages over other refined oils and changing consumer preferences, share of sunflower oil in total edible oil consumption in the country is anticipated to rise significantly. Considering the above factors, India sunflower oil market is projected to grow at a CAGR of around 9.5% during 2013-14 to 2016-17.
The report “Booming Sunflower Oil Market in India”, presents a comprehensive look at the current status and future growth prospects of the Sunflower refined oil market in the country. Our research includes study of total edible oil consumption in the country coupled with share of various oil types. Further, the study represents sunflower oil industry outlook covering its production, consumption, import and export over a period of time. Also, our research includes analysis of consumer behavior in all four regions viz. north, south, east and west which will help the client to prepare their market strategy accordingly.
The report also exhibits market drivers which are boosting the growth of sunflower oil in the country. It represents major market and challenges, hindering growth of sunflower oil in the country. Further, our research also cover study of regulatory environment and import duties & taxes related to the industry.
To provide a comprehensive view, the research also provides knowledge of sunflower oil distribution channel and sunflower seed and oil price trend in the country. Also, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the product portfolio of these players in the country. In a nut shell, the report provides an in-depth research and rational analysis of sector’s past, present, and future scenario.
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