Global Sunflower Seeds Market By Type (Kernel/Hulled, In shelled and Semi shilled), Product (Roasted and Unroasted), Product Type (Original and Flavoured), Category (Organic and Inorganic), Packaging (Pouches, Bottles and Jars), Packaging Size (<10 Oz, 10-50 Oz and >50 Oz), Distribution Channel (Store-Based Retailing and Non-Store Retailing) – Industry Trends and Forecast to 2029.
Market Analysis and Size
Deaths from cardiovascular disease have recently increased around the world, which tends to boost the sunflower seeds product market. Cardiovascular disease has increased in all over the world. Sunflower seeds, which can be found in supplements and naturally in foods, have long been touted for their health benefits, particularly for heart health. However, rising chronic diseases such as heart disease, arthritis, strokes, and cancer are expected to drive up demand for sunflower seeds around the world.
Data Bridge Market Research analyses that the sunflower seeds market was valued at USD 2344.72 million in 2021 and is expected to reach the value of USD 4181.76 million by 2029, at a CAGR of 7.50% during the forecast period of 2022 to 2029.
Market Definition
Sunflower seeds are edible sunflower seeds (Helianthus annuus). They are typically eaten raw or roasted, with the latter being the more common option. Sunflower seeds contain vitamin E, magnesium, selenium, and zinc. Sunflower oil is produced by pressing sunflower seeds. It has a high smoke point and a long storage life, making it less susceptible to oxidation than many other oils.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Kernel/Hulled, In shelled and Semi shilled), Product (Roasted and Unroasted), Product Type (Original and Flavoured), Category (Organic and Inorganic), Packaging (Pouches, Bottles and Jars), Packaging Size (<10 Oz, 10-50 Oz and >50 Oz), Distribution Channel (Store-Based Retailing and Non-Store Retailing)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (US), Farbest Brands (US), SternVitamin GmbH & Co. KG (Germany), Adisseo (France), BTSA Biotechnologias Aplicadas S.L. (Spain) and Rabar Pty Ltd (Australia) Conagra Brands Inc.,(U.S), Frito-Lay North America Inc. (U.S), Martin (Canada), Well Luck Co., Inc. (India), Southernsun LLC. (U.S), Giant Snacks Inc. (U.S)
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Opportunities
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Sunflower Seeds Market Dynamics
Drivers
- Rising health awareness of consuming sunflower seeds
The sunflower seeds help to reduce the risk of abnormal heartbeats or arrhythmias, which can result in the patient's sudden death. It also aids in the reduction of triglyceride levels, the slowing of the growth rate of atherosclerotic plaque, and the reduction of blood pressure. Consumers are increasingly shifting to healthier alternatives while viewing preventive care as a necessary tool to assist them in leading a healthier lifestyle. As a result, Sunflower seeds are becoming more popular because they are a good source of vitamins, proteins, and minerals and can help with diseases like cancer, asthma, and depression.
- Marketing strategies and endorsements to boost market growth
Brand name, nutritional value, and product safety are all factors that influence consumer purchasing decisions. The benefits of sunflower seed-based supplements are likely to influence purchasing pattern of the consumer through various forms of media, including electronic and print.
Opportunity
The growing use of sunflower seeds in the supplement and pharmaceutical industries, as well as increased public initiatives related to health and fitness, are boosting the market. Consumer awareness of the health benefits of sunflower seeds is increasing the pressure on market players to innovate in order to compete with other market players. The technology, on the other hand, delivers odorous oils in a micro-emulsified formulation that is designed to increase surface absorption.
Restraints
Excessive use of sunflower seeds in various products such as snacks or bakery items causes consumers to gain unwanted weight. Because of people's changing lifestyle patterns, more than 60% of consumers consume ready-to-eat or processed food on a daily basis. As a result, the amount of sunflower seed-based oil in these processed foods is higher, contributing to consumers' unwanted weight gain. These factors are impeding the growth of the sunflower seeds market.
This sunflower seeds market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sunflower seeds market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Sunflower Seeds Market
Despite the current COVID-19 situation, global consumption has shown a trend toward healthy eating, resulting in a demand for sunflower oils, one of the healthiest edible oils. As a result, the area under sunflower production increased, as did the price of sowing seeds. The sunflower seeds market (sowing seed) has experienced extraordinary vertical growth in recent years. Because sunflower is an oilseed crop, seed vigour and viability during storage is a serious issue that is slowing market growth.
Recent Development
- Syngenta will acquire Senako, a leading seed company, in August 2020. This acquisition aided in the expansion of Syngenta seeds such as sunflower, wheat, and maize, thereby accelerating sales in various regions.
- Pop Vriend Seeds was acquired by KWS SAAT SE in April 2019. This acquisition aided in expanding the portfolio of other vegetable seeds, thereby increasing demand for sunflower seeds.
- BASF signed a distribution agreement with Euralis Semences in July 2019 to launch a new portfolio of hybrid sunflower seeds across Europe. Because of its numerous health benefits, it played an important role in the modern diet, propelling market growth.
Global Sunflower Seeds Market Scope
The sunflower seeds market is segmented on the basis of type, product type, category, product, packaging, packaging size and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Kernel/Hulled
- In shelled
- Semi shilled
Product Type
- Original
- Flavoured
Product
- Roasted
- Unroasted
Category
- Organic
- Conventional
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/Insights
The sunflower seeds market is analysed and market size insights and trends are provided by country, type, product type, category, product, packaging, packaging size and distribution channel as referenced above.
The countries covered in the sunflower seeds market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the sunflower seeds market due to the increasing occurrences of chronic diseases, as well as the prevalence of improved medication and better health supplements, whereas Europe is expected to grow from 2022 to 2029 due to the growing geriatric population, as well as rising usage in treating obesity.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sunflower Seeds Market Share Analysis
The 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sunflower seeds market.
Some of the major players operating in the sunflower seeds market are:
- DSM (Netherlands)
- BASF SE (Germany)
- Lonza Group (Switzerland)
- Glanbia Plc (Ireland)
- ADM (US)
- Farbest Brands (US)
- SternVitamin GmbH & Co. KG (Germany)
- Adisseo (France)
- BTSA Biotechnologias Aplicadas S.L. (Spain)
- Rabar Pty Ltd (Australia)
- Conagra Brands Inc. (U.S)
- Frito-Lay North America Inc. (U.S)
- Martin (Canada)
- Well Luck Co., Inc. (India)
- Southernsun LLC. (U.S)
- Giant Snacks Inc. (U.S)
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