Global Sunflower Seed Market Is Expanding Due to Rising Demand for Healthy and Natural Snacks

At a CAGR of around 9.5% between 2022 and 2030, the worldwide sunflower seeds market is expected to expand from a 2021 valuation of USD 31.2 bn to a 2030 valuation of USD 70.6 bn.

The blooming head of the sunflower plant is where the seeds are harvested. Despite being protected by a shell with black and white stripes, sunflower seeds are white and sensitive to the touch. People with cardiovascular diseases can benefit from sunflower oil, a mild edible oil with minimal trans-fat levels. Due to its many health advantages, it is also utilized often in several countries. Omega-6 fatty acids are abundant in sunflower seeds, which also have a high nutritional value. Both monounsaturated and polyunsaturated fats, which are both beneficial to health, are abundant in sunflower seeds. The sunflower is one of the most significant oilseed crops. Edible oils made from sunflower seeds are utilized in a wide range of food products.

Dynamic Growth in Sunflower Seed market

The sunflower seed market has been growing in recent years due to increased demand for healthy and natural snack options. Sunflower seeds are a good source of vitamins, minerals, and healthy fats, which makes them popular among health-conscious consumers. Additionally, the market is driven by the growing popularity of sunflower seeds as a ingredient in various food products, such as breads, cereals, and snack bars. The global sunflower seed market is expected to continue growing in the coming years, driven by increasing demand from developing countries and the growing popularity of sunflower seeds as a source of protein and oil.

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Key Insights

• As per the analysis shared by our research analyst, the global sunflower seeds market is estimated to grow annually at a CAGR of around 9.5% over the forecast period (2022-2030).
• In terms of revenue, the global sunflower seeds market size was valued at around USD 31.2 billion in 2021 and is projected to reach USD 70.6 billion, by 2030.
• The global sunflower seed market is being supported by rising public health and fitness-related activities as well as the expanding use of sunflower seeds in the pharmaceutical and supplement industries.
• Based on the type, the oilseed segment accounted for the largest market share in 2021.
• Based on the application, the snacks segment held a substantial revenue share in 2021 and is expected to show its dominance during the forecast period.
• Based on region, Europe is expected to dominate the market during the forecast period.

Sunflower Seed Market Opportunities

There are several opportunities for growth in the sunflower seed market:

1. Increasing demand for healthy and natural snack options: As consumers become more health-conscious, demand for sunflower seeds as a snack is expected to increase.
2. Use of sunflower seeds in food products: Sunflower seeds are being used more frequently as an ingredient in various food products, such as breads, cereals, and snack bars, this will increase the market share.
3. Growing popularity of sunflower seeds as a source of protein and oil: Sunflower seeds are a good source of protein and oil, which makes them popular among vegetarians and vegans. This trend is expected to continue, driving demand for sunflower seeds.
4. Expansion in developing countries: As incomes in developing countries continue to rise, demand for healthy and natural food products is expected to increase, providing opportunities for growth in the sunflower seed market.
5. Innovation in packaging: New and innovative packaging options will make sunflower seeds more convenient and appealing to consumers, this will drive the market growth.
6. Growing use in Animal Feed: The increasing use of sunflower seeds in animal feed due to its high protein and oil content is another potential growth opportunity in the sunflower seed market.

Leading Players: Kenkko Corporation, DuPont, GIANT Snacks Inc., CHS Inc., American Meadows, Mahyco Seeds Company Ltd., Conagra Foods, Inc., Limagrain UK Ltd., Nuseed, Martin US Enterprises, LLC, Sakata Seed America, and Ike Enterprises Inc. among others.

Also See: Numerous Health Benefits of Almond Oil

Sunflower Seeds Market: Regional Analysis

Europe is expected to dominate the market during the forecast period

Europe is expected to dominate the global sunflower seed market during the forecast period owing to the increasing production of the sunflower which is utilized for food, feed, fuel,?and industrial purpose in the region. In 2020, 19.3 million hectares of sunflowers will be farmed in Europe for use as food, feed, fuel, and industrial purposes, according to the FAO. About 80% of the region's sunflower seed production is used for household consumption, with the remaining 20% going toward creating bird feed and confections and 90% going into crushing. In 2020–2021, 537 thousand metric tons of sunflower seeds were produced in Europe, while 2916 thousand metric tons were used domestically, according to the USDA.

Plantings of sunflowers have increased recently in nations including Italy, Portugal, Germany, Austria, Croatia, and the Czech Republic. Because of lower crush and availability, demand for sunflower meals is projected to be lower than usual. However, demand is constant because of anticipated higher competition vs rapeseed meals. As a result of increased demand for sunflower oil and other sunflower-based processed goods, the market is expected to rise at a healthy rate over the forecast period.

Besides, North America is expected to hold a significant market share over the forecast period because sunflower seeds are used in a variety of culinary dishes due to their high nutritional value. The United States and Canada are the two countries that generate the most sunflower seeds in North America. Sunflower seeds are very popular in these countries due to their wide range of applications in the food and beverage industries. One can find sunflower seeds as an ingredient in a variety of products, including bread, crackers, snacks, and salad dressings. The increasing level of consumer health consciousness is another factor driving the growth of the sunflower seed market in North America.

Sunflower Seeds Market By Type (Oilseed And Non-Oilseed), By Application (Snacks, Bakery Products, Confectionery, And Others) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030.”-?Report at?https://www.zionmarketresearch.com/report/sunflower-seeds-market