Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 29.57 Billion | USD 41.31 Billion | 3.4% | 2024 |
The global sunflower seeds market size was worth around USD 29.57 Billion in 2024 and is predicted to grow to around USD 41.31 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 3.4% between 2025 and 2034. The report analyzes the global sunflower seeds market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sunflower seeds industry.
The report analyzes the global sunflower seeds market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sunflower seeds market.
The fruits of the sunflower plant are what we know as sunflower seeds. Sunflower seeds are extremely healthful, which is why many people like to eat them. They are employed in the creation of edible oils, which are utilized in a variety of food items. Sunflower seed products come in a variety of flavors, including bacon ranch, dill pickle, salt and pepper, freshly cracked pepper kettle roast, salty-sweet kettle roast, toasted coconut kettle roast, and sweet dill pickle kettle roast.
The high nutritional value of sunflower seed is significantly benefited industry expansion
The high nutritional value of sunflower seed is one of the major drivers that influence the global sunflower seeds market expansion over the forecast period. For instance, 584 kcal of energy can be delivered to the body per 100-gram serving. Its most noteworthy qualities include a 51% daily value of fats, with the majority of those being monounsaturated and polyunsaturated fatty acids. It also contains a lot of vitamins and minerals. Between 23% and 129% of the daily value of the vitamin B family and 234% of the daily value of vitamin E can be found in them.
Additionally, manganese, magnesium, zinc, iron, and phosphorus, which can make up between 40% and 94% of the daily requirement, are abundant in sunflower seeds. Sunflower seeds may provide the body with 20% of the daily required intake of carbs and a similar amount of proteins, as well as 36% of the daily value of fiber. Thus, the high nutritional value of sunflower seeds drives the market growth.
Side effects & allergies related to sunflower seed is major restraining factors that limit the market growth
Sunflower seeds undoubtedly provide many health benefits, but they also have a few drawbacks. Large quantities of roasted sunflower seeds might have negative health effects. For instance, it might affect how well the kidneys work. High quantities of phosphorus found in sunflower seeds can harm renal function if ingested in excess. Thus, this act as a major restraining factor that limits the growth of the market during the forecast period.
Resurging interest in farming and food production among people during COVID-19 to provide lucrative opportunity for the market growth
A severe economic slowdown and considerable disruptions in food supply networks have been brought on by the coronavirus pandemic. The typical flow of associated services and goods has also been impeded by illnesses and quarantine restrictions. To make ends meet during the epidemic, many farmers have increased their focus on crop production in recent months, which has led to an increase in the output of sunflower seeds. For instance, Wisconsin farmer Scott Thompson stated his intention to raise over 2 million sunflowers on 22 acres spread across more than 15 fields in 2020. The penetration of the sunflower seed market should increase in the upcoming years as a result of initiatives like these. As a result, the manufacturer can reclaim some of the market shares for sunflower seeds due to the increased extraction of sunflower seeds for the manufacturing of oils.
Growing excessive consumption of sunflower seeds is a common cause of unintended weight gain
The excessive usage of sunflower seeds in food products, such as snacks or baked goods, accelerates consumer weight gain. Due to the changing lifestyles of individuals, more than 60% of customers use ready-to-eat or processed food daily. As a result, these processed goods include more oil made from sunflower seeds, which contributes to consumers' undesirable weight gain. In 2020, weight gain affected more than 50% of the population and was a major global health concern. These variables are impeding the expansion of the sunflower seed industry.
The global sunflower seeds market is segmented based on the type, application, and region
Based on the type, the global market is bifurcated into oilseed and non-oilseed. The oilseed segment accounted for the largest market share in 2024 and is expected to continue the same pattern over the forecast period. The seeds of the oilseed variety of sunflower are the ones from which oil is extracted. These seeds can be used to make edible oil that is rich in nutrients. This type of sunflower seed has an oil content greater than 50% of its weight. The remaining components of the meal are carbohydrates and protein. It's an essential component of cooking oils, margarine, and many other products, including soaps and biodiesel fuels. This seed is also rising in popularity when it comes to confections like chocolates.
Based on the application, the global sunflower seeds are categorized into snacks, bakery products, confectionery, and others. The snacks segment held a substantial revenue share in 2024 and is expected to show its dominance during the forecast period. Today's consumers want to eat nutritious snacks, which increases the demand for sunflower seeds. Snacks are produced with sunflower seeds. In India, roasted sunflower kernels have long been a well-liked snack, and the forecast period is expected to see this trend continue. Roasted sunflower seeds are rich in protein, fiber, and minerals like magnesium and potassium. Due to their nutritional profile, roasted sunflower kernels are preferred by consumers seeking healthier snack options over potato chips and other unhealthy options.
By Distribution Channel, the global sunflower seeds market is split into Online, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores.
In terms of End-user, the global sunflower seeds market is categorized into Household, Food Industry, Cosmetics Industry, Feed Industry.
Report Attributes | Report Details |
---|---|
Report Name | Sunflower Seeds Market |
Market Size in 2024 | USD 29.57 Billion |
Market Forecast in 2034 | USD 41.31 Billion |
Growth Rate | CAGR of 3.4% |
Number of Pages | 195 |
Key Companies Covered | Kenkko Corporation, DuPont, GIANT Snacks Inc., CHS Inc., American Meadows, Mahyco Seeds Company Ltd., Conagra Foods, Inc., Limagrain UK Ltd., Nuseed, Martin US Enterprises, LLC, Sakata Seed America, and Ike Enterprises Inc. among others., and others. |
Segments Covered | By Type, By Application, By Distribution Channel, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe is expected to dominate the market during the forecast period
Europe is expected to dominate the global sunflower seed market during the forecast period owing to the increasing production of the sunflower which is utilized for food, feed, fuel, and industrial purpose in the region. In 2020, 19.3 million hectares of sunflowers will be farmed in Europe for use as food, feed, fuel, and industrial purposes, according to the FAO. About 80% of the region's sunflower seed production is used for household consumption, with the remaining 20% going toward creating bird feed and confections and 90% going into crushing. In 2020–2021, 537 thousand metric tons of sunflower seeds were produced in Europe, while 2916 thousand metric tons were used domestically, according to the USDA. Plantings of sunflowers have increased recently in nations including Italy, Portugal, Germany, Austria, Croatia, and the Czech Republic. Because of lower crush and availability, demand for sunflower meals is projected to be lower than usual. However, demand is constant because of anticipated higher competition vs rapeseed meals. As a result of increased demand for sunflower oil and other sunflower-based processed goods, the market is expected to rise at a healthy rate over the forecast period.
Besides, North America is expected to hold a significant market share over the forecast period because sunflower seeds are used in a variety of culinary dishes due to their high nutritional value. The United States and Canada are the two countries that generate the most sunflower seeds in North America. Sunflower seeds are very popular in these countries due to their wide range of applications in the food and beverage industries. One can find sunflower seeds as an ingredient in a variety of products, including bread, crackers, snacks, and salad dressings. The increasing level of consumer health consciousness is another factor driving the growth of the sunflower seed market in North America.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the sunflower seeds market on a global and regional basis.
The global sunflower seeds market is dominated by players like:
The global sunflower seeds market is segmented as follows;
By Type
By Application
By Distribution Channel
By End-user
By Region
FrequentlyAsked Questions
The global sunflower seeds market is expected to grow due to Health benefits and growing use as snacks and in oil production fuel demand. Rising popularity of plant-based protein sources supports expansion.
According to a study, the global sunflower seeds market size was worth around USD 29.57 Billion in 2024 and is expected to reach USD 41.31 Billion by 2034.
The global sunflower seeds market is expected to grow at a CAGR of 3.4% during the forecast period.
Asia-Pacific is expected to dominate the sunflower seeds market over the forecast period.
Leading players in the global sunflower seeds market include Kenkko Corporation, DuPont, GIANT Snacks Inc., CHS Inc., American Meadows, Mahyco Seeds Company Ltd., Conagra Foods, Inc., Limagrain UK Ltd., Nuseed, Martin US Enterprises, LLC, Sakata Seed America, and Ike Enterprises Inc. among others., among others.
The report explores crucial aspects of the sunflower seeds market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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