Global Sunflower Seeds Market Size, Trends, and Growth Opportunity, By Type (Oilseed and Non-Oilseed), By Color (Black, Green, White, Claret Red, and Bright Yellow), and By Application (Edible Oil, Snacks, Confectionary, and Bakery Products), By Region and Forecast to 2030.
Global Sunflower Seeds Market
The Global Sunflower Seeds Market was valued at USD 38.2 billion in 2022 and is expected to reach 70.6 billion by 2030, at a CAGR 6.77% during the forecast period 2023- 2030.
Sunflower seeds are the fruits of the sunflower plant. Because sunflower seeds are so healthy, they are incredibly well-liked by customers. They are employed to produce edible oils, which are used in numerous food items. Some of the flavors of sunflower seeds food products that are offered on the market include bacon ranch flavor, dill pickle flavor, salt and pepper flavor, fresh cracked pepper kettle roast flavor, salty-sweet kettle roast flavor, toasted coconut kettle roast flavor, sweet dill pickle kettle roast flavor.
Sunflower oil, a mild edible oil with low levels of trans fats, can be advantageous for people with cardiovascular illnesses. It is also widely used in many nations because of its many health benefits. Sunflower seeds, which also have a high nutritional value, are rich in omega-6 fatty acids. Sunflower seeds are rich in monounsaturated and polyunsaturated fats, both of which are good for your health.
Market Drivers
Increasing consumption of convenience and prepared foods by consumers is anticipated to boost the market growth during the forecast period. The significant expansion of business potential in the snack industry is supporting the market for sunflower seeds. The output of sunflower seeds has increased significantly as a result of improvements in improved seed varieties, which has contributed to the industry's growth. More supermarkets and other establishments worldwide are selling several varieties of sunflower seeds. Sunflower seeds are used to manufacture animal feed because they are high in fiber. Sunflower seed market expansion is therefore projected in the future years.
Market Restraints
The adverse effects and allergies associated with consuming too many sunflower seeds, however, provide one of the biggest obstacles to the market's expansion throughout the projection period.
COVID 19 Impact
Despite the COVID-19 scenario, there has been a movement towards healthy eating among consumers worldwide, leading to a demand for sunflower oils, one of the healthiest edible oils. The area used for sunflower production increased as a result, and the cost of sowing seeds also increased. The sunflower seed market (sowing seed) has experienced exceptional vertical expansion in recent years. As an oilseed crop, sunflower, preserving seed vigor and viability during storage is a significant challenge, which is limiting market expansion.
Market Segmentation
The Global Sunflower Seeds Market is segmented into Type, Color, and Application.
Based on Type, the market is divided into Oilseed and Non-Oilseed.
Based on Color, the market is classified into Black, Green, White, Claret Red, and Bright Yellow.
Based on Application, the market is bifurcated into Edible Oil, Snacks, Confectionary, and Bakery Products.
Regional Analysis
The Global Sunflower Seeds Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Europe holds the largest market share during the forecast period. The product, particularly in-shell seed, is a common street dish throughout the nations of the Mediterranean and Eastern Europe. Customers in the area frequently consume roasted goods. However, different nations in the region have distinct customer preferences for packed sunflower seeds. For example, Spanish consumers tend to favor salted, roasted, and in-shell goods. Additionally, in the next years, it is anticipated that Western Europe's expanding need for convenient foods and useful snacks would increase demand for packed sunflower seeds.
Key Developments
In May 2022, to fulfill rising domestic and global demand from farmers for premium sunflower seeds, Corteva extended its sunflower seed business in Europe by investing USD 14.1 million in the Afumati production facility in Romania.
In July 2020, Barenbrug Australia Pty Ltd and Nuseed Pty Ltd will collaborate to provide R&D, plant breeding, and commercialization services as well as license Nuseed's sorghum and sunflower germplasm portfolios. Sales and distribution rights for sunflowers, forage sorghum, and sunflower seeds were also granted to Barenbrug, enhancing its market position in the nation.
Key Players
Various key players are discussed in the Global Sunflower Seeds Market Report including: KENKKO CORPORATION, CONAGRA FOODS, INC., DuPont, Limagrain UK Ltd., GIANT Snacks Inc., Martin US Enterprises, LLC, CHS Inc., Sakata Seed America, AmericanMeadows, Ike Enterprises Inc., Mahyco Seeds Company Ltd, Nuseed
Market Taxonomy
By Type
• Oilseed
• Non-Oilseed
By Color
• Black
• Green
• White
• Claret Red
• Bright Yellow
By Application
• Edible Oil
• Snacks
• Confectionary
• Bakery Products
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Sunflower Seeds Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Sunflower Seeds Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Sunflower Seeds Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Sunflower Seeds Market Share Analysis, By Type
5.3 Global Sunflower Seeds Market Size and Forecast, By Type
5.3.1 Oilseed
5.3.2 Non-Oilseed
6 Global Sunflower Seeds Market, By Color
6.1 Y-o-Y Growth Comparison, By Color
6.2 Global Sunflower Seeds Market Share Analysis, By Color
6.3 Global Sunflower Seeds Market Size and Forecast, By Color
6.3.1 Black
6.3.2 Green
6.3.3 White
6.3.4 Claret Red
6.3.5 Bright Yellow
7 Global Sunflower Seeds Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Sunflower Seeds Market Share Analysis, By Application
7.3 Global Sunflower Seeds Market Size and Forecast, By Application
7.3.1 Edible Oil
7.3.2 Snacks
7.3.3 Confectionary
7.3.4 Bakery Products
8 Global Sunflower Seeds Market, By Region
8.1 Global Sunflower Seeds Market Share Analysis, By Region
8.2 Global Sunflower Seeds Market Size and Forecast, By Region
9 North America Sunflower Seeds Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Sunflower Seeds Market Share Analysis, By Type
9.3 North America Sunflower Seeds Market Size and Forecast, By Color
9.4 North America Sunflower Seeds Market Size and Forecast, By Application
9.5 North America Sunflower Seeds Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Sunflower Seeds Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Sunflower Seeds Market Share Analysis, By Type
10.3 Europe Sunflower Seeds Market Size and Forecast, By Color
10.4 Europe Sunflower Seeds Market Size and Forecast, By Application
10.5 Europe Sunflower Seeds Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Sunflower Seeds Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Sunflower Seeds Market Share Analysis, By Type
11.3 Asia Pacific Sunflower Seeds Market Size and Forecast, By Color
11.4 Asia Pacific Sunflower Seeds Market Size and Forecast, By Application
11.5 Asia Pacific Sunflower Seeds Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Sunflower Seeds Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Sunflower Seeds Market Share Analysis, By Type
12.3 Latin America Sunflower Seeds Market Size and Forecast, By Color
12.4 Latin America Sunflower Seeds Market Size and Forecast, By Application
12.5 Latin America Sunflower Seeds Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Sunflower Seeds Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Sunflower Seeds Market Share Analysis, By Type
13.3 Middle East Sunflower Seeds Market Size and Forecast, By Color
13.4 Middle East Sunflower Seeds Market Size and Forecast, By Application
13.5 Middle East Sunflower Seeds Market Size and Forecast, By Country
13.6.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 KENKKO CORPORATION
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 CONAGRA FOODS, INC.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 DuPont
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Limagrain UK Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 GIANT Snacks Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Martin US Enterprises
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 LLC
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
