Sunflower Market Trends That Will Shape the Next Decade: Insights from Ag-Tech Innovations Transforming Sunflower Farming For Sustainable Growth

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How Large Will the Sunflower Market Size By 2025?
The sunflower industry has been experiencing a steady growth over the recent years. From a value of $23.01 billion in 2024, it is projected to rise to $24.09 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.7%. This notable growth during the historic period can be credited to factors such as population growth, increased urbanization, heightened demand for renewable energy sources and biofuels, rising disposable income in developing markets, heightened emphasis on sustainable farming, and a growing inclination towards plant-based oils in lieu of animal fats.

How Big Is the Sunflower Market Size Expected to Grow by 2029?
Expectations are set for a steady expansion in the sunflower market size over the next several years. An anticipated increase in the value to $28.76 billion in 2029 means an estimated compound annual growth rate (CAGR) of 4.5%. Several factors contribute to this projected growth, including a heightened awareness of health among consumers, increased use in the food and cosmetic sectors, optimal weather conditions for sunflower production, extended sunflower farming areas, as well as growing governmental aid and backing for sunflower agriculture. The predicted trends for this period encompass advancements in selective breeding techniques, technological breakthroughs in oil extraction methods, the creation of new sunflower strains, the use of digital technology in agricultural practices, and the arrival of fresh processing technologies.

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Which Key Market Drivers Powering Sunflower Market Expansion and Growth?
The surge in demand for nutritious cooking oils is anticipated to stimulate the expansion of the sunflower oil market in the future. Nutritious cooking oils, derived from plants, are packed with unsaturated fats, vital nutrients, and antioxidants that promote cardiac health and overall wellness. This growing demand for nutritious cooking oils is spurred by heightened consumer knowledge about cardiac health, nutritional advantages, and the necessity for healthier diet fats. Sunflower seeds, a rich source of heart-healthy unsaturated fats and vitamin E, are used to produce sunflower oil, thus making it a nutritious alternative for cooking. For instance, data from the United States Department of Agriculture, a US government body, showed that in 2021, the US brought in vast quantities of vegetable oils for multiple applications, with the import values exceeding $8.0 billion and shooting up to $10.9 billion in 2022. As a result, the amplified demand for nutritious cooking oils is helping to push the growth of the sunflower oil market.

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What Long-Term Trends Will Define the Future of the Sunflower Market?
Prominent firms in the sunflower market are turning their attention towards the creation of state-of-the-art agricultural technologies like agroecological innovation. This is in response to an increased need to boost crop production and foster eco-friendly practices in order to meet the escalating worldwide food requirements. The term 'agroecological innovation' refers to devising and implementing farming methods that encourage biodiversity, make optimal usage of resources, and foster ecological equilibrium. For instance, Elicit Plant, a biotech company based in France, rolled out EliSun-a in September 2023. This breakthrough agroecological innovation is aimed at elevating sunflower production levels. EliSun-a, using phytosterol technology, amplifies the durability of sunflower plants, especially during water scarcity. The innovation is built to be sprayed onto sunflower plants, facilitating the infiltration of phytosterols into the plants and sparking root expansion. Besides the primary goal of augmenting sunflower production, this inventive methodology is indicative of an emerging trend in the field of agriculture. This trend leans towards adopting sustainable methods that harness natural plant processes to increase productivity.

What Are the Emerging Segments in the Sunflower Market?
The sunflower market covered in this report is segmented -

1) By Product: Sunflower Seeds, Sunflower Oil, Other Products
2) By Distribution Channel: Supermarkets, Retail Shops, Online
3) By Application: Food And Beverages, Ornaments, Pharmaceuticals, Cosmetics, Other Applications

Subsegments:
1) By Sunflower Seeds: Hulled Sunflower Seeds, In-Shell Sunflower Seeds, Roasted Sunflower Seeds
2) By Sunflower Oil: Refined Sunflower Oil, Unrefined Sunflower Oil, High Oleic Sunflower Oil
3) Other Products: Sunflower Meal, Sunflower Lecithin, Sunflower Protein Concentrate

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Who Are the Global Leaders in the Sunflower Market?
Major companies operating in the sunflower marker are Cargill Incorporated, Archer Daniels Midland Co, Wilmar International Limited, Bunge Ltd., Louis Dreyfus Company B.V., Corteva Inc., Conagra Brands Inc., UPL Ltd., Kernel Holding S.A., Emami Agrotech Limited, Marico Limited, Euralis Semences S.A.S., Olam International Limited, KS Oils Limited, NMGK Group, Nuziveedu Seeds Ltd., Parakh Group, Mahyco Pvt Ltd., Olenex, Delta Wilmar CIS LLC, Aveno N.V., Giant Snacks Inc., Kaissa Oil, Gemini Edibles and Fats India Pvt. Ltd.

Which are the Top Profitable Regional Markets for the Sunflower Industry?
Europe was the largest region in the sunflower market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sunflower marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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