Press release
Sunflower Seeds Market, Global Competitive Dynamics & Global Outlook 2024
Sunflower seeds are nothing but the fruits of the sunflower plant. The seeds of the sunflower are very healthy and hence they are popular among the consumers. They are used for the production of edible oils which are used in various food products. There are various flavors of sunflower seeds food products available in the market such as bacon ranch flavor, dill pickle flavor, salt and pepper flavor, fresh cracked pepper kettle roast flavor, salty-sweet kettle roast flavor, toasted coconut kettle roast flavor, and sweet dill pickle kettle roast flavor.The market for the sunflower seeds is globally fragmented into its application, color, type, and distribution channels. Based on the application, the global market is segregated into snacks, confectionery, edible oil, birdfeed, bakery products, and others. The flour that is produced from the sunflower seeds is used to prepare dark bread. Depending on the color, the market is divided into claret red, green, bright yellow, white and black. Light gray striped sunflower seeds are also available. Based on the type, the market is categorized into non-oilseed type and oilseed type. The non-oil seeds of the sunflower are used in the preparation of bread products and snacks. The oilseed type is processed into sunflower meal and oil. Depending on the distribution channel, the market is bifurcated into online stores, supermarkets, and retails stores.
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The key factor that is driving the sunflower seeds market is the increasing popularity of the convenience foods and the ready-to-eat foods by the consumers. The opportunities in the snacks industry are growing tremendously which is also another factor that is contributing to the sunflower seeds market. The production of the sunflower seeds has increased significantly due to development in the improved varieties of seeds, thus propelling the market to grow. The number of supermarkets and retail stores that are supplying various flavors of sunflower seeds has increased across the globe. Sunflower seeds are rich in fiber thus they are used in the animal feed products. Thus, the sunflower seeds market is estimated to grow in the coming years.
The geographical segmentation of the sunflower seeds market is diversified into North America, Asia-Pacific, Western Europe, the Middle East and Africa, Eastern Europe, and Latin America. The dominant region in the market for sunflower seeds is held by Europe and it is followed by Asia Pacific region. The factors that have contributed to the market growth in these regions are the significantly growing snacking industry and the increasing inclination of the consumers towards the snacks that are flavored using the sunflower seeds. This has thus contributed to the overall revenue contribution of the sunflower seeds market.
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The key market players that are involved in the 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.
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