Sunflower Seeds Market Trends, Share, Revenue, Growth Drivers, Key Players, Business Challenges and Forecast Analysis till 2033: SPER market Research
Sunflower seeds are simply the fruits of the sunflower plant. Sunflower seeds are incredibly nutritious, and as a result, they are very popular among customers. They are used to produce edible oils that are used in a range of food products. Sunflower seeds are nutritious sunflower seeds (Helianthus annuus). They are usually eaten raw or roasted, with the latter being the more popular choice. Sunflower seeds contain vitamins E, magnesium, selenium, and zinc. Sunflower oil is produced by pressing sunflower seeds. It has a high smoke point and a long preservation life, making it more resistant to oxidation than many other oils.
According to SPER Market Research, Sunflower Seeds Market Size- By Type, By Color, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033 states that the Sunflower Seeds Market is estimated to reach USD 3.45 billion by 2033 with a CAGR of 4.82%.
Sunflower seeds help to minimize the risk of abnormal heartbeats called arrhythmias, which can cause sudden death. Consumers are increasingly turning to healthier choices, perceiving preventative care as a crucial tool to help them live a better lifestyle. Sunflower seeds are becoming increasingly popular due to their high vitamin, protein, and mineral content, as well as their ability to aid in the treatment of ailments such as cancer, asthma, and depression and hence people are getting more aware about it which drives the market growth. Brand identity, security of the product and nutritional value are all elements that impact customer purchase decisions and increase demand. The global sunflower seeds market is being driven by rising demand for ready-to-eat snack items and food convenience. The demand for various tastes of sunflower seeds is always increasing as the number of supermarkets and retail businesses worldwide grows. Manufacturers highlight the availability of healthy goods.
Excessive use of sunflower seeds in food products, such as snacks or baked goods, contributes to consumer weight gain. As a result, these processed foods include more oil derived from sunflower seeds, which adds to customers’ unwanted weight gain and was a serious public health problem. These factors are hindering the growth of the sunflower seed sector. Sunflower seeds are high in saturated fats, which causes undesirable weight gain and is projected to impede the growth of the global sunflower seed market during the season. Because of shifting living habits, more of the consumers use ready-to-eat or processed foods on a regular basis. As a result, these processed goods include more sunflower seed-based oil, which contributes to customers’ undesirable weight gain. These problems impede the expansion of the sunflower seed market.
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Impact of COVID-19 on Sunflower Seeds Market
Despite the present COVID-19 scenario, worldwide consumption has shifted toward healthier eating habits, creating a demand for sunflower oils, which are recognized as one of the most nutritious edible oils. As a result, the area used for sunflower cultivation increased, as did the price of sowing seeds. In recent years, the sunflower seed market (sowing seed) has shown remarkable vertical expansion. Because sunflower is an oilseed crop, preserving seed vigour and viability during storage is a significant challenge that is impeding market expansion.
Sunflower Seeds Market Key Players:
North America dominates the Sunflower Seed Market. Some of the key players are GIANT Snacks Inc., INC., Mahyco Seeds Company Ltd, CHS Inc., Sakata Seed America, CONAGRA FOODS.
By Type: Based on the Type, Global Sunflower Seeds Market is segmented as; Oilseed, Non-Oilseed.
By Color: Based on the Color, Global Sunflower Seeds Market is segmented as; Black, Green, White, Claret Red, Bright Yellow.
By Appplication: Based on the Appplication, Global Sunflower Seeds Market is segmented as; Bakery Products, Confectionary, Edible Oil, Snacks
By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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