The latest report titled “Sunflower Oil Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Sunflower Oil.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Sunflower Oil production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Sunflower Oil Production Process:
1. Sunflower Oil Production Cost Via Seed Cleaning, Cracking, Dehulling, Conditioning, Oil Extraction, and Refining: This report presents the detailed production methodology and cost analysis of sunflower oil industrial production across sunflower oil manufacturing plants. Sunflower seeds are cleaned, washed, dehulled, and then the oil is extracted from the seed by pressing it. Further, the obtained oil is filtered and transformed into refined sunflower oil by degumming, bleaching, dewaxing, and deodorizing.
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Product Definition:
Sunflower oil is a versatile oil that is pale yellow in color and has a mild taste. It is used in a variety of cooking methods, such as frying, roasting, and baking. Additionally, it is used in food production for making oil dressings, vegetable spreads, and margarine. Recently, a new type of sunflower oil high in oleic acid has been developed, which is more stable during cooking. Sunflower oil is an excellent source of vitamin E and is often used in vegetable oil blends and spreadable fats to improve their vitamin E content. It has low levels of saturated fat but high levels of polyunsaturated fats (PUFAs) in the form of omega-6 fatty acids, such as linoleic acid, which are essential for our diet as the body cannot produce them.
Market Drivers:
Sunflower oil is a convenient alternative to palm olein oil as it doesn’t require additional heating in cold temperatures, reducing the cost of extra heating setup. Snack manufacturers are increasingly using this oil because it imparts good properties to products at a lower cost than olive oil. Additionally, it is a cost-effective solution in other industries, rich in essential fatty acids that moisturize, regenerate, and condition the skin. It is a popular ingredient in a variety of skin care products due to its lower price compared to other nourishing oils like argan, almond, and olive oil. It is also commonly used as the primary vegetable oil in bath oil and massage oil formulations. Moreover, the global market for sunflower oil is on the rise due to the fluctuating prices of other vegetable oils like palm oil and soybean oil. These price fluctuations often affect sales of end-user products, prompting firms to turn to stable-priced options like sunflower oil for various purposes.
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