Asia Pacific Sunflower Seeds Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
Unit 474.14 Thousand |
Market Size (Forecast Year) |
Unit 917.36 Thousand |
CAGR |
|
Major Markets Players |
Asia-Pacific Sunflower Seeds Market Segmentation, By Type (Kernel/Hulled, Inshelled, Semi shelled), Product (Roasted and Unroasted), Product Type (Original and Flavored), Category (Organic and Inorganic), Packaging (Pouches, Bottles, Jars), Packaging Size (50 Oz), Distribution Channel (Store-Based Retailing, Non-Store Retailing) - Industry Trends and Forecast to 2031.
Asia-Pacific Sunflower Seeds Market Size
Asia-Pacific sunflower seeds market size was valued at USD 474.14 thousand in 2023 and is projected to reach USD 917.36 thousand by 2031, with a CAGR of 8.6% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Sunflower Seeds Key Market Insights |
Segmentation |
By Type: Kernel/Hulled, Inshelled, Semi shelled By Product: Roasted and Unroasted By Product Type: Original and Flavored By Category: Organic and Inorganic By Packaging: Pouches, Bottles, Jars By Packaging Size: 50 Oz By Distribution Channel: Store-Based Retailing, Non-Store Retailing |
Countries Covered |
China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam and Rest of Asia-Pacific |
Key Market Players |
Well Luck Co., Inc., KENKKO CORPORATION, Martin, and Brouwergroep |
Asia-Pacific Sunflower Seeds Market Dynamics
Sunflower seeds are consumed as healthy snacks as it is the tremendous source of vitamin B1, B6, E, trace metals such as manganese, selenium, and niacin folate. Hence, it is mostly preferred as healthy snacks to consume. The adaptation of the healthy snacks is being fuelled due to the growing health risk associated with the snacks having higher cholesterol and booming product development with the sunflower seeds based healthy snacks.
The health benefits associated with dietary fibre and protein content providing demand to the sunflower seeds and hence it is well known driver for sunflower seeds market. The obesity associated with saturated fatty acid may hinder the growth of sunflower seeds market. Rising developments in snacks industry includes business expansion such as acquisition, partnership, collaboration, exhibition participation by the giant manufacturers to develop wide range of flavored sunflower seeds which is well known opportunity for sunflower seeds market. The risk factors associated with unroasted form of sunflower seeds hinder the sunflower seeds market growth.
This sunflower seeds market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the sunflower seeds market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Sunflower Seeds Market Scope
The sunflower seeds market is segmented into seven notable segments which are based on type, product, product type, category, packaging, packaging size and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type
- Kernel/hulled
- Inshelled
- Semi shelled
Product Type
- Original
- Flavored
Product
- Roasted
- Unroasted
Category
Packaging
- Pouches
- Bottles
- Jars
Packaging size
- <10 oz, 10-50 oz
- >50 oz
Distribution channel
- Store-Based Retailing
- Non-Store Retailing
Sunflower Seeds Market Regional Analysis
Asia-Pacific sunflower seeds market is analyzed and market size information is provided country, type, product, product type, category, packaging, packaging size and distribution channel as referenced above.
The countries covered in Asia-Pacific sunflower seeds market are China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam and Rest of Asia-Pacific.
Asia-Pacific is dominating the sunflower seeds market due to growing inclination of Asian consumers towards healthy snacking habits and healthy lifestyle is projected to drive the growth of sunflower seeds market on coming years. China is dominating sunflower seeds market due to the health benefits associated with dietary fibers and protein content of sunflower seeds.
The country section of the sunflower seeds market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Sunflower Seeds Market Share Analysis
Sunflower seeds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, new sweeteners, product approvals, patents, product taste improvements reports, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to sunflower seeds market.
Sunflower Seeds Market Leaders Operating in the Market Are:
- Well Luck Co., Inc.
- KENKKO CORPORATION
- Martin
- Brouwergroep
Latest Developments in Sunflower Seeds Market
- In December 2019, BonOil Seeds has received certification of ISO 22 000. This ISO 22 000 certification is provided for food safety management system. It includes all standard procedures that company follows in its supply chain that is from raw material to finished products. This certification has reflected all quality standards followed by the company which further strengthen company’s product quality.
Collaboration, joint ventures and other strategies by the market players is enhancing the company market in the sunflower seeds market which also provides the benefits for organization to improve their offering for sunflower seeds.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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