In 2023, the non-food uses of sunflowerseed oil in Italy stood at a lower level compared to the forecasted data for 2024-2028. The year-on-year growth from 2024 to 2028 demonstrates a steady incline, with values increasing annually from 194.0 to 210.0 thousand metric tons. The compound annual growth rate (CAGR) over this five-year period highlights an average increase each year, suggesting a consistent positive trend in demand.
Future trends to watch for include:
- Technological advances in non-food applications that might lead to increased utilization.
- Regulatory changes impacting the production and use of sunflowerseed oil for non-food purposes.
- Developments in the biofuels market potentially driving demand.
- Environmental policies promoting sustainable and renewable energy sources.
