The presented study involves the encapsulation of sunflower oil in starch by casting emulsions of oil in aqueous starch solutions. Glycerol was used as a plasticizer and lecithin was used as an emulsifier, to improve the emulsion stability. Increasing glycerol concentration in the samples resulted in different dispersed phase morphologies in the starch-sunflower oil composites. It was observed that increasing glycerol concentration resulted in a decrease in the particle sizes and polydispersity of the oil droplets. The two determining parameters on the formation of the dispersed phase during emulsification; viscosity and interfacial tension between two phases, were investigated to evaluate the effect of glycerol on the system. Since glycerol was found not to affect the viscosity of the aqueous starch phase, it was concluded that glycerol affects the dispersed phase morphology due to its effect on interfacial tension between the oil and aqueous starch phase, during emulsification.