Project Report For Sunflower oil
Introduction
The project report for Sunflower oil is as follows.
Sunflower oil features a higher smoking point and is made up of a combination of monounsaturated & polyunsaturated fatty acids. It is also thought to be ideal for Indian dishes due to its ability to retain nutritional value at greater temperatures. Additionally, sunflower oil has been linked to a slew of health advantages.
This comprises its potential to boost the immune function, lower cholesterol, and promote heart health, among other things. Sunflower oil is indeed high in Vitamin E and also has a broad range of uses in the cosmetics sector.
Market potential & Strategy
Considering the country’s increasing dependence on imports in the coming years, the edible oil industry is anticipated to be dominated by a number of Indian and foreign corporations. Russia & Ukraine are indeed the world’s leading and 2nd biggest producers of sunflower seed.
Unfortunately, due to the COVID-19 outbreak in the beginning of 2020 has had a detrimental influence on sunflower oil usage in India. The epidemic prompted a countrywide lockdown, causing problems in sunflower oil supply lines.
The Indian sunflower oil market, on the other hand, is anticipated to rebound and develop rapidly between 2021 and 2025.