Sunflower Seeds Market, By Type (Oilseed and Non-Oilseed), By Application (Edible Oil, Snacks, Bakery Products, and Confectionary), By Distribution Channel (Supermarkets, Online Stores, and Retail Stores), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI80019 | Publish Date: March 2024 | No. of Pages: 178

Global Sunflower Seeds Market By Overview

Sunflower Seeds Market was valued at US$38 Billion in 2024 and is projected to grow at a CAGR of 7.90% to reach US$ 75.9 Billion by 2034.
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Sunflower Seeds are the edible seeds that come from the sunflower plant (scientific name: Helianthus annuus). They have been consumed for thousands of years and are popular worldwide as a snack and a versatile ingredient in various culinary preparations. Sunflower seeds have a distinct flavor and a crunchy texture, making them enjoyable to eat on their own or as a topping for salads, baked goods, and other dishes.

Sunflower seeds are becoming more well-liked because of their nutritional profile as customers become more health-conscious and look for wholesome snack options. Sunflower seeds are a desirable option for health-conscious people since they are a strong source of protein, important minerals, and good fats. The growing demand for natural and wholesome snacks is likely to drive the growth of Sunflower Seeds Market.

Global Sunflower Seeds Market By Dynamics

Increasing consumer focus on health and wellness

Sunflower seed producers have responded to the growing consumer focus on health and wellbeing by introducing organic choices, providing flavored variations with natural ingredients, and highlighting the nutritional advantages of their products. The development of value-added formulations and the addition of sunflower seeds to functional food items have further positioned the industry in line with the wellness and health movement. Further, the growing consumer focus on health and wellness has been a driving force behind the increased demand for sunflower seeds as a nutritious snack option, thereby shaping the Sunflower Seeds Market and influencing product innovation and marketing strategies within the industry.

Rise in plant-based diets

Rise in plant-based diets has created a favorable environment for the Sunflower Seeds Market. As consumers increasingly adopt plant-based eating patterns, the demand for sunflower seeds as a nutritious and sustainable protein source is expected to continue to grow. This trend presents opportunities for sunflower seed manufacturers to develop innovative products, expand their market presence, and cater to the evolving preferences of plant-based snacks consumers.

Restrains:

While sunflower seeds are generally safe for consumption, some individuals may have allergies or sensitivities to them. Allergies to sunflower seeds can cause allergic reactions, ranging from mild symptoms like itching or hives to severe reactions such as difficulty breathing or anaphylaxis. The presence of allergenic potential may restrict the consumption of sunflower seeds among individuals with allergies, which could limit market growth to some extent.

Global Sunflower Seeds Market By Segmentation

Sunflower Seeds Market is segmented based on Type, Application, Distribution Channel and Region.

Type Insight

On the basis of Type, Sunflower Seeds Market is segmented into Oilseed and Non-Oilseed. Oilseed is expected to dominate the target market growth as Oilseed sunflowers are cultivated specifically for their high oil content, and they are a significant component of the sunflower seeds market. The oil extracted from these seeds is widely used in the food industry, particularly for cooking oil, salad dressings, and margarine production. Oilseed sunflower varieties are specifically bred to have larger seeds with higher oil content, making them ideal for oil extraction.

Application Insights

On the basis of Application, Sunflower Seeds Market is segmented into Nutrition/Therapeutic and Supplement.  Edible Oil are expected to dominate the target market growth as sunflower seed oil is known for its mild flavor and high smoke point, making it suitable for various culinary applications. Sunflower seeds are a significant source of sunflower seed oil, which is widely used as an edible oil.

Distribution Channel Insights

On the basis of Distribution Channel, Sunflower Seeds Market is segmented into Supermarkets, Online Stores, and Retail Stores. Supermarkets are expected to dominate target market growth as they have wide-reaching distribution networks and are often the primary channel for sunflower seed sales.

Regional Insights:

 

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On the basis of region the Sunflower Seeds Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is estimated to witness a significantly high revenue share over the forecast period, as it has been a significant consumer and producer of sunflower seeds. Countries like Russia, Ukraine, and France are among the top producers in the region. Sunflower seed oil is commonly used in European cuisines, and sunflower seeds are popular as a snack option.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Oilseed and Non-Oilseed

By Function Type - Edible Oil, Snacks, Bakery Products, and Confectionary

By Distribution Channel - Supermarkets, Online Stores, and Retail Stores

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Sunflower Seeds Market report based on Type, Application, Distribution Channel and Region:

Sunflower Seeds Market, By Type:

  • Oilseed
  • Non-Oilseed

Sunflower Seeds Market, By Application:

  • Edible Oil
  • Snacks
  • Bakery Products
  • Confectionary

Sunflower Seeds Market, By Distribution Channel:

  • Supermarkets
  • Online Stores
  • Retail Stores

Sunflower Seeds Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

 

Global Sunflower Seeds Market By Key Players

The key players operating the Sunflower Seeds Market includes, CONAGRA FOODS, INC., Limagrain UK Ltd., KENKKO CORPORATION, CHS Inc., Sakata Seed America, GIANT Snacks Inc., Ike Enterprises Inc., AmericanMeadows, DuPont, and Martin US Enterprises, LLC.

Global Sunflower Seeds Market By Key Issues Addressed

Recent Development:

  • In September 2022, Galil Brands launched new line of Ultra-Premium Sunflower Seeds under new Sunny’s brand. The seeds are additive-free, gluten-free, vegan, non-GMO, keto friendly, and kosher. The seeds have a striking appearance and are vacuum packaged in a stand-up pouch with a resalable zipper to keep them fresh.
  • In January 2021, TNAU launched hybrid variety of sunflower seeds. These sunflower seeds are somewhat disease resistant and can be grown in rain-fed locations. Farmers anticipate returns of between Rs 30 and Rs 50/kg of oilseed, depending on the market as a whole.

Global Sunflower Seeds Market By Company Profile

  • Martin US Enterprises, LLC*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CONAGRA FOODS, INC.
  • Limagrain UK Ltd.
  • KENKKO CORPORATION, CHS Inc.
  • Sakata Seed America
  • GIANT Snacks Inc.
  • Ike Enterprises Inc.
  • AmericanMeadows
  • DuPont

“*” marked represents similar segmentation in other categories in the respective section

FAQs

The Sunflower Seeds Market is segmented into Type, Application, Distribution Channel and Region.

Sunflower Seeds Market is driven by factors like increasing consumer focus on health and wellness and Rise in plant-based diets.

By region, the Sunflower Seeds market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Sunflower Seeds Market includes, CONAGRA FOODS, INC., Limagrain UK Ltd., KENKKO CORPORATION, CHS Inc., Sakata Seed America, GIANT Snacks Inc., Ike Enterprises Inc., AmericanMeadows, DuPont, and Martin US Enterprises, LLC.

Sunflower Seeds Market accounted for US$ 31.2 billion in 2022 and is estimated to be US$ 90.0 billion by 2032 and is anticipated to register a CAGR of 10.5%.