According to a new report by Reports and Data, the global High Oleic Safflower Oil Market is projected to reach USD 158.6 Million by 2027. The market’s growth is being driven by the increasing demand for high oleic safflower oil in various end-use applications.
High oleic safflower oil is a natural vegetable oil with a long shelf life and a pleasant flavor and aroma. It is widely used as a healthier alternative to hydrogenated oils in many food products. It can also be used as a liquid flavor dispersant, spray oil for dried fruits, dietary supplements, and in infant formulas. The high oleic acid content of safflower oil provides stability, which is similar to hydrogenated oils, and also has additional antioxidants.
The growth of the market is further being fueled by the increasing demand for high oleic safflower oil in personal care products. Its high oleic acid content makes it a highly stable oil for use in various personal care applications. It is commonly used as an emollient in a wide range of skincare products, and its fatty acid composition gives it exceptional occlusive properties, which allow it to function as a moisturizing agent by preventing excessive loss of moisture through the skin epidermis.
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Major Companies:
Gustav Heess Oleochemische Erzeugnisse GmbH, Marico Limited, SunOpta, Connoils LLC, Oilseeds International Limited, Adams Group Inc., Henry Lamotte Oils GmbH, Spectrum Organic Products LLC, Victor Summat general Trading, and Austrade Inc., among others.
Driving Factors of High Oleic Safflower Oil Market
- Growing demand for healthier and natural food products
- Increased demand for high oleic safflower oil in personal care products
- Prolonged shelf life without chemically modifying the original oil
- Pleasant flavor and aroma suitable for an extensive range of food applications
- High amount of oleic acid provides stability, which is similar to hydrogenated oils, and also has additional antioxidants
- Exceptional occlusive properties, allowing it to function as a moisturizing agent in personal care products
- Increasing demand for safflower oil as a substitute for trans fats
- Growing awareness of the benefits of consuming high oleic safflower oil
- Increasing use of high oleic safflower oil in infant formulas
- Advancements in production technologies, leading to increased production efficiency and higher yields.
To know more about the report @ https://www.reportsanddata.com/report-detail/high-oleic-safflower-oil-market
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