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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.

Drivers

Rising number of hypermarkets & supermarkets globally is expected to foster the market growth. For instance, according to the Food Industry Association, the number of supermarkets in 2018 were around 38,307, globally. With the increasing number of supermarkets, there has been a wider exposure of sunflower seeds in the market. The wider exposure of the product has led to its popularity among the consumers, which is further expected to drive growth of the market globally. Some of the prominent supermarket players include Walmart, Carrerfour, 7-Eleven, and SPAR, among others.

The reports by, Defeat Diabetes Foundation in 2018 suggested that, sunflower seeds is believed to aid in reducing sugar levels in the body, when consumed, and as a result, it has been used in various ready-to-eat products. In addition, it also suggests that sunflower seeds is also believed to help in reducing the bad cholesterol level that further aids in reducing the risk of cardiovascular diseases such as coronary heart disease, etc. Hence, the increasing demand for ready-to-eat food products is further expected to drive the overall market growth.

Among regions, Europe held dominant position in the global sunflower seeds market in 2020, accounting for 75.6% market share in terms of revenue, followed by Latin America.

Figure 1. Global Sunflower Seeds Market Revenue Share (%), By Region, 2020

Sunflower Seeds  | Coherent Market Insights

Market Restraints

Although the sunflower seeds are widely known for its high nutritional profile, however, there are various side effects and allergies associated with the high intake of sunflower seeds. Further, the consumption of sunflower seeds causes fecal impaction or stool blockages leading to constipation, in both adults and children. Thus, all these factors are estimated to hamper the market growth over the forecast period

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Sunflower Seeds Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2020: US$ 31,668.1 Mn
Historical Data for: 2017 and 2018 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 9.9% 2027 Value Projection: US$ 61,460.2 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Rest of Asia Pacific
  • Middle East & Africa: Middle East and Africa
Segments covered:
  • By Seed Type: Open Pollinated & Heirloom Seeds and Hybrid Seeds
Companies covered:

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.

Growth Drivers:
  • Rising number of hypermarkets & supermarkets globally is expected to foster the market growth
Restraints & Challenges:
  • Various side effects and allergies associated with sunflower seeds

Market Trends

Key players are focusing on launching new products, in order to strengthen their market presence in the global sunflower seeds market. For instance, in July 2019, Germany-based BASF, entered into an agreement with Euralis Semences, one of the largest sunflower seeds distributor in Europe, for launching a new series of hybrid seeds across the entire European continent. The key objective of the agreement was to develop a new strategy for sunflower seeds marketing. In 2019, Tamil Nadu Agricultural University (TNAU) introduced a new series of sunflower hybrid seeds. These seeds are moderately disease-resistant and can be cultivated in rain-fed regions. The rising awareness of high nutritional profile of the sunflower seeds along with the new product launches by market players, leads to the increasing demand for sunflower seeds, which is further expected to drive the market growth.

Figure 2. Global Sunflower Seeds Market– Opportunity Analysis

Sunflower Seeds  | Coherent Market Insights

On the basis of seed type, in 2020, the hybrid segment held dominant position in the global sunflower seeds and accounted for 57.8% market share, and is further expected to continue its dominance during the forecast period, owing to numerous advantages of hybrid sunflower seeds over open pollinated seeds such as higher yield and consistent oil content

Figure 3. Global Sunflower Seeds Market Revenue Share (%), By Seed Type, 2020

Sunflower Seeds  | Coherent Market Insights

Global Sunflower Seeds Market- Impact of Coronavirus (COVID-19) Pandemic

The sunflower seeds market growth has been affected due to the logistics issues during the pandemic. As March and April are the most critical months to sow spring crops such as sunflowers, the lockdown and transport restrictions impacted the sunflower seeds market. However, the demand for seeds has not been affected as seeds come under 'essential' category.

Many agricultural producing countries, including India are closely monitoring the production and distribution of seeds to ensure uninterrupted supply of seeds to farmers during harvest period amid COVID-19 outbreak. Moreover, the International Seed Federation has been partnering with various other international organizations such as Australian Seed Federation (ASF), New Zealand Grain and Seed Trade Association (NZGSTA), and Euroseeds, among others to make sure that the logistics of the sunflower seeds market is not hampered.

 

 Competitive Section

Key players operating in the global sunflower seeds market 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

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.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Seed Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Global Sunflower Seeds Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting Global Sunflower Seeds Market – COVID-19
    • Impact Analysis
  5. Global Sunflower Seeds Market, By Seed Type, 2017-2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Open Pollinated & Heirloom Seeds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Hybrid Seeds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
  6. Global Sunflower Seeds Market, By Region, 2017-2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
    • Latin America
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
    • Europe
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • France
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • India
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
    • Middle East & Africa
      • Market Share Analysis, By Sub-Region, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 - 2027
        • Middle East
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
        • Africa
          • Country Trends
          • Market Size and Forecast, By Seed Type, 2017- 2027 (US$ Mn)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Corteva, Inc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Groupe Limagrain
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Kws Saat Se & Co. Kgaa
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Takii Co. Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Sakata Seed Corporation
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Syngenta AG
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • BASF S.E.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Advanta Seeds
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Pannar (Pty) Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Nuziveedu Seeds
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Hazera
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 50 market data tables* and 45 figures* on "Sunflower Seeds Market” - Global forecast to 2027.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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