Sunflower Seeds Market Overviews
Sunflower Seeds Market size was valued at USD 2132.58 Mn. in 2023 and the total Global Sunflower Seeds revenue is expected to grow at a CAGR of 7.9% from 2024 to 2030, reaching nearly USD 3631.24 Mn. by 2030.
Sunflower Seeds Market Overview
Sunflower seeds are technically the fruits of the sunflower plant. The seeds are harvested from the plant’s large flower heads and have a mild, nutty flavor and a firm but tender texture. Sunflower seeds are excellent sources of several beneficial plant compounds that help prevent chronic diseases.
According to SMR, the top 5 companies i.e. Corteva Agriscience, Euralis Semences, KWS SAAT SE & Co. KGaA, Land O’Lakes, Inc., and Nufarm in the sunflower seed market, which focus on hybrids, occupy 42.78% market share globally.
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Sunflower Seeds Market Scope and Methodology:
Consumers are increasingly becoming more health conscious and are opting for nutritional and natural snack options. Sunflower seeds are rich in protein, healthy fats, and essential vitamins such as vitamin E and B-complex vitamins, which align with the nutritional preferences of modern consumers. The growing popularity of plant-based snacks has resulted in a flow, with about a 20% rise in the sales of plant-based foods over the past year. The research and development demonstrate the advantages of plant-based foods like lower risk of heart disease and obesity.
Sunflower Seeds Market Regional Insights
Europe dominated the global Sunflower Seeds market in 2023 and is expected to grow significantly during the forecast period. The Sunflower Seeds market in Europe is comparatively mature as the volume of the seeds imported to the region increased by about 3% showing a stable annual growth rate. The demand for sunflower seeds seems strongest in Europe in nations including France, Hungary, Romania, Bulgaria, the Netherlands, Spain, and Germany. Processors in Poland and niche markets in France and Italy have the potential to contribute to future growth in the Sunflower Seeds industry marking the dominance of the region in the global Sunflower Seeds market.
Sunflower Seeds Market Segmentation
By Breeding Technology, According to SMR research, the Hybrids segment was dominant in the global Sunflower Seeds market in 2023. The hybrid breeding technology offers about 35% greater productivity important for the farmers to increase their yield and cost-effectiveness. The crops developed by the hybrid breeding technology are improved with drought tolerance and improved stress resistance to make them sustainable in varied climate conditions.
Sunflower Seeds Market Key Players
Bayer Crop Science AG (Germany)
Corteva Agriscience (United States)
Syngenta AG (Switzerland)
BASF (Germany)
Limagrain (France)
KWS SAAT SE & Co KGaA (Germany)
Sakata Seed Corporation (Japan)
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Key questions answered in the Sunflower Seeds Market are:
- What is Sunflower Seeds ?
- What was the Sunflower Seeds market size in 2023?
- What is the growth rate of the Sunflower Seeds Market?
- Which are the factors expected to drive the Sunflower Seeds market growth?
- What are the different segments of the Sunflower Seeds Market?
- What growth strategies are the players considering to increase their presence in Sunflower Seeds ?
- What are the upcoming industry applications and trends for the Sunflower Seeds Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Sunflower Seeds Market?
- Who are the leading companies and what are their portfolios in Sunflower Seeds Market?
- What segments are covered in the Sunflower Seeds Market?
- Who are the key players in the Sunflower Seeds market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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