Argentina Sunflower Oil Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Argentina Sunflower Oil Market Outlook

• In Argentina, an average of 3.17 MMT of sunflower seeds are crushed on an average basis, creating a flourishing market for sunflower oil.
• As per the data by Oil World, the sunflower crop production was projected to be 4.2 to 4.5 million tons in early 2023.
• Processed and virgin sunflower oil are expected to witness significant in the forecast period, growing at a CAGR of 2.5% and 3.0% respectively.
• As per the industry reports in 2022, around 83 per cent of the sunflower crop is utilised for the production of oil in the country.

Argentina Sunflower Oil Market Growth

Growing health benefits of sunflower oil due to the presence of vitamin E, rising usage in biofuel, and favourable climatic conditions for the growth of sunflower in the country are some of the key drivers increasing the demand of Argentina sunflower oil market. Sunflower oil is gradually being explored as a raw material for the production of biofuels due to the increasing emphasis on sustainable and renewable energy sources.

There is also a strong preference for high-quality, natural, and GMO-free sunflower oil products in Argentina, owing to the global trend towards healthier and more sustainable food choices. Moreover, businesses are investing in innovative packaging solutions that improve product shelf life and user experience, and appeal to health-conscious consumers.

Another prevalent trend of Argentina sunflower oil market is the shift towards plant-based diets, which is boosting the demand for sunflower oil as a vegan, plant-derived oil. This change is especially noticeable among health-conscious consumers in the country.

Key Trends and Recent Developments

Rising food consumption, growing health concerns, and the huge production of sunflower seeds are major factors accelerating the Argentina sunflower oil market value.

January 2024

Cargill, the leading supplier of sunflower oil in Argentina, became the first organization to comply with the World Health Organization’s (WHO) recommended maximum tolerance level for industrially produced trans-fatty acids (TFA) in fats and oils on January 1, 2021. According to the recommendations, the edible oil supplier was able to reduce the TFA content below 2 g / 100 g in fats and oils.

June 2022

Nuseed SA, a leading supplier of sunflower seeds in Argentina signed a purchase agreement with Syngenta, a US-based global seeds producer. As part of the agreement, Syngenta stopped producing, promoting and commercializing the portfolio of genetically modified sunflower seeds held by Nidera, before its acquisition by Syngenta. The portfolio consisted of four seed varieties that belonged to Nuseed as well. As a result, Nuseed continued to commercialise those seeds for the entire year, expanding its sunflower oil production activities in Argentina.

April 2022

India, one of the major importers of crude sunflower oil from Argentina, requested its government to scrap the 30% export duty on edible oil products so that it could result in a price drop of sunflower oil in India. In return, as part of its Preferential Trade Agreement with Argentina, the country offered import duty concessions for edible oils imported from Argentina.

Rising Food Consumption Driving the Growth of Argentina Sunflower Oil Market

The rising population in Argentina is increasing the per capita food consumption in the country, raising the demand for edible sunflower oil. According to the World Bank, Argentina’s population has been consistently rising at 0.9% between 2021 and 2023 and is expected to grow further in the coming years. With a rising population and increasing food demand, the market is expected to grow at a fast pace.

Growing Health Concerns Propelling Sunflower Oil Demand Growth in Argentina

Sunflower oil is preferred more in comparison to other edible oils owing to the several health benefits it offers. For instance, sunflower oil is good for preventing cholesterol accumulation and reducing the risk of heart disease. Further, its vitamin content also helps prevent bone diseases such as arthritis. As more benefits of the oil come to the limelight with awareness and advertising campaigns, the market will witness a huge demand growth.

Rising Exports Leading to Increase in Argentina Sunflower Oil Market Revenue

Argentina is one of the largest exporters of sunflower oil in the world owing to the huge production of sunflower seeds and a robust network of seed crushing facilities in the country. The major importers of Argentina’s sunflower oil include India, Mexico, Australia, Chile, and Brazil. Besides, the solid residues of the sunflower oil also account for a major share of the exports, adding up to the overall market revenue.

Increasing Production of Sunflower Seed Positively Impacts the Supply of Sunflower Oil in Argentina

The sunflower oil production in Argentina is largely driven by its increasing sunflower seed harvest. According to the US Department of Agriculture (USDA), Argentina was the 4th largest producer of sunflower seeds in the world, accounting for 7% of the global share. A further increase in seed production during the forecast period is expected to positively impact the overall sunflower oil production in the country.

Argentina Sunflower Oil Industry Segmentation

“Argentina Sunflower Oil Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Linoleic Oil
• Mid-Oleic Oil
• High-Oleic Oil

Market Breakup by Product Type

• Processed
• Virgin

Market Breakup by End Use

• Food Services
• Retail
• Household
• Others

Market Breakup by Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Online Channel
• Others

Argentina Sunflower Oil Market Share

Based on end use, the market is divided into food services, retail, and household, among others. Food services account for a substantial market share as sunflower oil is widely used in food outlets such as restaurants and food chains, among others, due to its adaptability to various cuisines and multiple health benefits. It is the preferred choice for frying, baking, and various cooking methods in restaurants, fast food chains, and other food service establishments. Furthermore, it offers a cost-effective solution compared to other oils which boosts the segment expansion.

Leading Companies in the Argentina Sunflower Oil Market

The market players are expanding their oil production capacities to meet the growing demand in the country.

• Molinos Río de la Plata SA
• Aceitera General Deheza S.A.
• Cargill, Incorporated
• VICENTIN S.A.I.C
• COFCO International
• Louis Dreyfus Company B.V.
• Others