Increasing Acceptance of Ready-to-Eat Snack Foods is Anticipated to Boost the Global Sunflower Seeds Market in the Forecast Period

It has been witnessed that deaths from cardiovascular disease have increased globally, which tends to increase the sunflower seeds product market. As per the SNAC International (SNAC), the total sale of snacks in America have been increased to 10% from 2019, which have contributed The manufacturers are focusing on developing approximately USD 404.0 million in 2020 because of the high production capability of different healthy snacks.

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Data Bridge Market Research analyses that the Global 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. The increasing demand for the sunflower seeds across different sectors will provide potential market growth opportunities in the forecast period.

Sunflower Seeds Market

Increasing demands for various flavored sunflower seeds is expected to drive the market's growth rate

Sunflower seeds consume healthy snacks since they are rich in nutritional content. These flavoured seeds are widely available in packaged pouches. Consumers are more susceptible to consuming foods with savory ingredients such as salt, spices, and herbs. Several consumers have choices with their tastes and aromas of snack products. According to the Nielsen, around half of consumers, that is, 42% prefer flavoured food and snack. As per this survey, 40% of adult population demands new flavors and flavoring products and 80% of respondents concluded that they like to try new flavors regularly and are proactively looking for flavors often.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

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)

Countries Covered

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

Market Players Covered

DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (U.S.), Farbest Brands (U.S.), 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)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

Global sunflower seeds market is segmented into seven notable segments which are type, product type, product, category, packaging, packaging size and distribution channel.

  • On the basis of type, global sunflower seeds market is segmented into kernel/hulled, inshelled, semishelled.

The inshelled segment of offering type is anticipated to dominate the sunflower seeds market

In 2021, the inshelled segment in global sunflower seeds market is expected to have a CAGR of 7.3% in the forecast period of 2021 to 2029 as these seeds are more extremely popular among consumers, particularly among European consumers.

  • On the basis of product type, global sunflower seeds market is segmented into original and flavored.

The flavored segment of offering type is anticipated to dominate the sunflower seeds market

In 2021, flavored segment in the global sunflower seeds market is expected to have a CAGR of 7.2% in the forecast period of 2021 to 2029 because of the variety of flavors such as chile lime, barbeque, sweet-spicy among others that are being made available by the manufacturers.

  • On the basis of product, global sunflower seeds market is segmented into roasted and unroasted. In 2021, roasted segment in global sunflower seeds market is expected to have a CAGR in the forecast period of 2021 to 2029 as roasted sunflower seeds are mainly characterized by better aroma, taste, and crunchy structure and thus are more popular and are steadily being demanded by consumers globally.
  • On the basis of category, global sunflower seeds market is segmented into organic and inorganic. In 2021, inorganic segment in global sunflower seeds market expected to have a CAGR of 8.4 % in the forecast period of 2021 to 2029 since inorganic sunflower seeds are perceived as the production of inorganic seeds has been increased and they are majorly available for sunflower seeds manufacturer.
  • On the basis of packaging, global sunflower seeds market is segmented into pouches, bottles, and jars. In 2021, pouches segment in global sunflower seeds market is expected to have a CAGR of 7.2% in the forecast period of 2021 to 2029 since pouches are the most popular choices due to their reasonable prices than jars and bottles
  • On the basis of packaging size, global sunflower seeds market is segmented into <10 Oz, 10-50 Oz , >50 Oz.In 2021, <10 Oz segment in global sunflower seeds market is expected to have a CAGR of 7.2% in the forecast period of 2021 to 2029 since the busy and hectic lifestyle of consumers increased demand for a snack that comes in small packaging and amount
  • On the basis of distribution channel, global sunflower seeds market is segmented into store-based retailing, non-store retailing. In 2021, store-based retailing segment of global sunflower seeds is expected to have a CAGR of 7.5% in the forecast period of 2021 to 2029 since major market players are providing a variety of sunflower seed snack flavors through their own stores retailing and they are able to gain the attention of consumers.

Major Players

Data Bridge Market Research recognizes the following companies as the major sunflower seeds market players in sunflower seeds market are DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (U.S.), Farbest Brands (U.S.), SternVitamin GmbH & Co. KG (Germany), Adisseo (France), BTSA Biotechnologias Aplicadas S.L. (Spain) and Rabar Pty Ltd (Australia) Conagra Brands Inc.,(U.S)

Sunflower Seeds Market

Market Development

  • In 2020, the Food Industry Association (FMI) partnered with the International Foodservice Distributors Association. This partnership primarily focused on the distribution and availability of supermarkets and retail stores in urban and suburban areas.
  • In 2019, Conagra Brands, Inc. established The Conagra Brands Centre at Chicago, U.S., mainly for Food Design. It is known as newly invented innovation centre that primarily focuses on R&D and Culinary capabilities to manufacture snacks and other food items.
  • In 2018, Conagra Brands, Inc developed a new flavor of Taco Bell-inspired sunflower seeds. It is an iconic flavour sunflower seeds. This addition is termed as innovative addition in portfolio of sunflower seeds.

 Regional Analysis

Geographically, 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

As per Data Bridge Market Research analysis:

North America is the dominant region in sunflower seeds market during the forecast period 2022 to 2029

North America dominates the sunflower seeds market because of the growing rates of chronic diseases, and the huge prevalence of improved medication and better health supplements.  

Asia-Pacific is estimated to be the fastest growing region in sunflower seeds market the forecast period 2022 to 2029

Asia-Pacific is expected to grow from 2022 to 2029 because of the increasing elderly population and rising usage in treating obesity.

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