The global sunflower seeds market was valued at US$ 31,668.1 Mn in 2020 and is expected to reach US$ 61,460.2 Mn by 2027, exhibiting a CAGR of 9.9% during the forecast period. Sunflower seeds are believed to aid in reducing the blood sugar levels and as a result, it has been used in various ready-to-eat products. In addition, sunflower seeds helps in reducing the bad cholesterol levels that further aids in reducing the risk of cardiovascular diseases such as coronary heart disease, etc.
Market Dynamics
The sunflower seeds market growth has been affected by impact on the logistics during the pandemic. As March and April are the most critical months to sow spring crops such as sunflowers, the lockdown and transport restrictions has impacted the sunflower seeds market. However, the demand for seeds has not been affected as seeds come under 'essential' category.
Key players are focusing on R&D activities to launch new and improved products, in order to strengthen their market presence in the global sunflower seeds market. In November 2016, the company partnered with Texas A&M AgriLife Research, to establish a seed technology research and development center at College Station, Texas, U.S., which will support all global research programs on plant breeding of crops such as sunflower, canola, wheat, rice, and other crops. The new R&D centre was inaugurated by Advanta Seeds in January, 2018.
The increase in sunflower production has been primarily driven by the rising demand for confectionery sunflowers in the Europe. According to Netherlands Ministry of Foreign Affairs., the total domestic use of sunflower seeds in Europe amounted to 8.1 million tons in 2016. Health-conscious consumers in North America region are also focusing on alternatives for traditional sweet or savory snacks, so the rising awareness about the taste and benefits of sunflower seeds (as an ingredient in snacks) are expected to foster the demand for sunflower seeds in the region during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global sunflower seeds market, and provides market size (US$ Million & KT) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sunflower seeds market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Corteva, Inc., Groupe Limagrain, Kws Saat Se & Co. Kga, Takii Co. Ltd., Sakata Seed Corporation, Syngenta AG, BASF S.E., Advanta Seeds, Pannar (Pty) Ltd., Nuziveedu Seeds, and Hazera.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
- The global sunflower seeds market report caters to various stakeholders in this industry including investors, suppliers, sunflower seeds manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sunflower seeds market
Detailed Segmentation:
- Global Sunflower seeds market, By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Global Sunflower seeds market, By Region:
- North America
- U.S.
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Canada
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Europe
- U.K.
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Italy
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- France
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Germany
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Spain
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Russia
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Rest of Europe
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Asia Pacific
- China
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- India
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Japan
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Rest of Asia Pacific
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Latin America
- Brazil
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Argentina
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Mexico
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Rest of Latin America
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Middle East & Africa
- Middle East
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Africa
- By Seed Type:
- Open Pollinated & Heirloom Seeds
- Hybrid Seeds
- Company Profiles
- Aqua Optima*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Corteva, Inc.
- Groupe Limagrain
- Kws Saat Se & Co. Kga
- Takii Co. Ltd.
- Sakata Seed Corporation
- Syngenta AG
- BASF S.E.
- Advanta Seeds
- Pannar (Pty) Ltd.
- Nuziveedu Seeds
- Hazera
“*” marked represents similar segmentation in other categories in the respective section.
