Market Research Future (MRFR) has published on the “Global Sunflower Seeds Market”.
The Sunflower Seeds Market is estimated to register a CAGR of 6.00% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Sunflower Seeds Market— KENKKO CORPORATION, DuPont, Limagrain UK Ltd, CONAGRA FOODS, CHS Inc, Martin US Enterprises, Sakata Seed America, GIANT Snacks, American Meadows, Mahyco Seeds Company Ltd, Nuseed, Ike Enterprises Inc.
Sunflower Seeds Market Highlights
The global Sunflower Seeds Market is accounted to register a CAGR of 6.00% during the forecast period and is estimated to reach USD 1.9 billion by 2032.
Customers' increasing desire for prepared and convenient foods drives the sunflower seed market. The significant development in business potential in the snack sector is driving the sunflower seed market. Sunflower seed production has increased considerably as a result of developments in improved seed varieties, aiding the industry's growth. Around the world, more supermarkets and retail shops are selling various types of sunflower seeds. Sunflower seeds are utilized as animal feed due to their high fiber content. As a result, market expansion in sunflower seeds is expected in the next years. However, the negative effects and allergies associated with the excessive use of sunflower seeds are significant barriers to market growth.
Access full report @ https://www.marketresearchfuture.com/reports/sunflower-seeds-market-22183
Segmental Analysis
The global Sunflower Seeds Market has been segmented based on Color, Type, Application, and Distribution Channel.
Color segmented the market into Bright Yellow, Green, Light Grey, Claret Red, Black and White. Bright yellow sunflower seeds are the market's dominant sector. Bright yellow sunflower seeds are often linked with good quality and are popular among customers due to their appearance and flavor.
Type segmented the market into Oil Seed and Non-Oil Seed. The non-oilseed sector is predicted to have the highest CAGR during the projection period. Because of their nutty flavor, these seeds are also employed in the confectionery industry and can be used as a flavoring ingredient in chocolate.
Application has divided the worldwide Sunflower Seeds Market into Edible Oil, Bakery, Snacks, Products, Confectionery Products, and Birdfeed. The bakery products segment is likely to maintain its leading position during the forecast period. Sunflower seeds are widely used in baked goods. They add a nutty flavor and crisp texture to the bread, muffins, cookies, and other baked goods.
The global Sunflower Seed Market is divided into three sub-segments based on Distribution Channels: supermarkets, Retail Shops, and Online. The supermarket category will be the largest market-holding sector in 2023. Sunflower seeds are readily available in supermarkets in a range of tastes and sizes.
Regional Analysis
The global Sunflower Seeds Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Sunflower Seeds Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Sunflower Seeds Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Sunflower Seeds Market comprises the Middle East, Africa, and Latin America.
North America is expected to have the greatest market share throughout the forecast period because sunflower seeds are used in a variety of culinary preparations due to their high nutritional value. The United States and Canada produce the most sunflower seeds in North America. Sunflower seeds are widely used in these countries because of their diverse applications in the food and beverage industries. Sunflower seeds appear in a variety of foods, including bread, crackers, snacks, and salad dressings. Another factor driving the sunflower seed market in North America is a rise in consumer health awareness.
Moreover, Europe accounts for a sizable portion of the market because of increased demand from processing firms in Hungary, Ukraine, Spain, France, and Russia. Furthermore, Europe's agricultural capabilities, together with changing consumer preferences and increased demand for sunflower oil for use in food and drinks in European countries, have contributed to the rise of the sunflower seeds market.
Additionally, the Asia-Pacific area is expected to have the fastest growth rate during the projection years. In this region, China is the main market for packaged sunflower seeds because it is the country's traditional snack. Sunflower seeds are an important food component during the Chinese New Year. Furthermore, the demand for packaged sunflower seeds in the region is expected to increase significantly during the forecast period due to the growing popularity of healthy snacks.
The rest of world Sunflower Seeds Market is segmented into three regions: the Middle East, Africa, and Latin America. Sunflower seeds are quite popular in these countries due to their diverse applications in the food and beverage industries. Sunflower seeds are used in a variety of products, including bread, crackers, snacks, and salad dressings.
Key Findings of the Study
- The global Sunflower Seeds Market is expected to reach USD 1.9 billion by 2032, at a CAGR of 6.00% during the forecast period.
- The demand for sunflower seeds in the Asia Pacific region is expected to increase at the fastest rate during the forecast period due to the growing popularity of healthy snacks.
- Based on distribution channel, the supermarkets category was the largest market-holding sector in 2023.
- KENKKO CORPORATION, DuPont, Limagrain UK Ltd, CONAGRA FOODS, CHS Inc, Martin US Enterprises, Sakata Seed America, GIANT Snacks, American Meadows, Mahyco Seeds Company Ltd, Nuseed, and Ike Enterprises Inc. are the key market players.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 128 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.