The French crude sunflower-seed oil market has shown a consistent upward trend from 2013 to 2023, reaching a value of 717.4 million euros in 2023. Historical data indicates several periods of significant growth, such as 2014 and 2021 with year-on-year increases of 8.39% and 9.95%, respectively. The market did face minor contractions in 2017 and 2019, but overall, it has demonstrated resilience and growth.
From 2024 onward, the market is forecasted to continue its growth trajectory, projected to reach 830.21 million euros by 2028. The average compound annual growth rate (CAGR) for the next five years is forecasted at 2.32%, suggesting a steady albeit slower growth rate compared to the historical performance.
Future trends to watch for include potential fluctuations in global sunflower seed production, changes in tariffs and trade policies, and evolving consumer preferences toward healthier oils. Innovation in extraction and processing technologies could also drive efficiencies and growth in the market.
