Sunflower Seeds Market
Global sunflower seeds market is estimated to be valued at USD 1.09 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. The global sunflower seeds market has witnessed significant growth in the past few years due to the various health benefits associated with their consumption. Sunflower seeds are a good source of various nutrients including vitamins, minerals, plant-based proteins and healthy fats. They are exceptionally rich in vitamin E which acts as an antioxidant and helps support immune function. In addition, they contain magnesium which helps regulate blood pressure and promote heart health. Sunflower seeds also provide fiber that aids in digestion and weight management. Their mineral content includes copper, phosphorus and selenium which are essential for growth and development. The growing health-conscious consumer base and premiumization of snacks have led to heightened demand for sunflower seeds globally.
Market Dynamics:
The global sunflower seeds market is driven by the increasing awareness about the nutritional value of sunflower seeds and their associated health benefits. The growing popularity of plant-based foods and snacks has also fueled their demand. However, high production and processing costs pose a challenge for market growth. The increasing popularity of private label brands offering cost-effective options provides an opportunity for market expansion. Furthermore, innovations in processing and packaging technologies are expected to boost supply chains and market access over the forecast period. Growing popularity of plant-based and vegan diets presents an opportunity for market expansion. However, price volatility of raw materials and fluctuating weather conditions which impact crop yield act as restraints. High investment and production costs involved also hinder market penetration in price-sensitive regions. Growing research on additional health benefits of sunflower seeds and new product development using sunflower seed derivatives provide new opportunities for market players. For example, sunflower seed oil is increasingly used in cosmetics and personal care products owing to its moisturizing and antioxidant properties.
Key features of the study:
- This report provides in-depth analysis of the global sunflower seeds market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sunflower seeds market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Corteva, Inc., Groupe Limagrain, Kws Saat Se & Co. Kga, Takii Co. Ltd., Nufarm, Sakata Seed Corporation, Syngenta AG, BASF S.E., Advanta Seeds, Pannar (Pty) Ltd., Nuziveedu Seeds, Euralis Semences, and Hazera
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global sunflower seeds market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Market Segmentation
Table of Contents
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