The global sunflower seeds market is expected to witness significant growth over the forecast period. Sunflower seeds are fruits of sunflower plant and it is the most popular and healthy seeds produced on a mass-scale in EU countries. Edible oils are prepared from sunflower seeds that are used in various food products. It is available in various food products such as bacon ranch flavor, dill pickle flavor, salt and pepper flavor, salty-sweet kettle roast flavor, fresh cracked pepper kettle roast flavor, etc. Globally, sunflower seeds are available in various sizes. The seeds contain higher feeding value and provide nutrition values like omega-6 fatty acids and other vitamins. Being a by-product of hull, the seeds contain fiber and is used as fodder for cows and livestock. Moreover, in the recent years, the sunflower seeds in the snack industry have advanced rapidly as a quick alternative for ready-to-consume foods.
Sunflower seeds are the best source of Vitamin E which acts as an antioxidant. Vitamin E frees the body from harmful radicals that harm the cells. Hence, by protecting the cellular and molecular components, Vitamin E has greater effects that result in reduction of asthma, osteoarthritis, and rheumatoid arthritis. Vitamin E also results in reducing the risk of colon cancer and decrease the severity of diabetic complications. Secondly, sunflower seeds are a good source of magnesium. Magnesium helps reduce the severity of asthma, lowers high blood pressure, and prevents migraine headaches as well as reduces the risk of heart attack and stroke.
The market drivers for the growth of sunflower seeds market share comprise growing demand for ready-to-consumer foods in combination with convenience of foods. Additionally, rising opportunities in the snacks industry, rising number of supermarkets and retail stores are rapidly increasing the need for several flavors of sunflower seeds globally. Even, manufacturers are emphasizing on producing healthier offerings. The livestock industry worldwide is increasing owing to the rich source of fiber presence in sunflower seed. Therefore, the global market share is forecasted to grow at a double-digit CAGR for the forecast period.
On the basis color, the global market share spans bright yellow, claret red, black, green, and white. On the basis of type, the global market share spans oilseed type and non-oilseed type. Oilseed is a black seed processed into sunflower oil & meal. Non-oilseed of sunflower is a large black and white stripped seed that is basically used in several food products like bread and snack products. On the basis of application, the global market share spans edible oil, snacks, bakery products, confectionery, and birdfeed. On the basis of distribution, the global market is segmented as supermarkets, online stores, and retail stores.
On the basis of geographic segmentation, the global market spans North America, Latin America, Europe, Asia-Pacific, Middle-East & Africa.
Europe is a dominant player in the global sunflower seeds market followed by Asia-Pacific. The growth is attributed to the increasing snacking industry and need for flavored sunflower seeds snacks. This has projected the grow the market by leaps and bounds.
The key players in the global sunflower seeds market include Bayer Crop Sciences, Syngenta Co, Seminis (Monsanto), Sakata and Taikii &Land O’ Lakes.
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