What is the Global Market for Sunflower Seeds Market?
Market Overview
Sunflower seeds are the seeds of the sunflower plant's
fruits. Sunflower seeds are one of the most popular and healthful seeds in
Europe, with large-scale production in Russia, Ukraine, and the European Union.
With a CAGR of 4.5 percent, the sunflower seed industry is quickly expanding.
The coat of a sunflower seed is enclosed by a small kernel that contains 20%
proteins and 30% lipids. Sunflower seeds are used to make edible oils, which
are utilized in a variety of foods. Dill pickle taste, bacon ranch taste, salt
and pepper taste, salty-sweet kettle roast taste, fresh cracked pepper kettle
roast flavor, sweet dill pickle kettle roast taste, and toasted coconut kettle
roast taste are some of the tastes available in sunflower seeds food products.
Market Trend
According to the FAO, sunflower crop production climbed by
3.92 percent globally from 2016 to 2019, and it is expected to continue to rise
in the anticipated period. Increased demand for sunflower crop in Europe and
Asia-Pacific, increased demand for vegetable oil, high sunflower crop prices,
and an increase in crop area are the primary factors driving an increase in
crop area. The increasing use of sunflower seeds is another factor contributing
to the crop's increased output. The sunflower seed market for sowing is growing
due to the growing area of sunflower crop and the rising demand for vegetable
oil.
Market Growth
The growing demand for ready-to-eat snack foods, as well as the
convenience of foods, are driving the worldwide sunflower
seeds market. Increased prospects in the snack business, as well as
increased sunflower seed output as a result of enhanced seed varieties, are
pushing the market for sunflower seeds. The demand for diverse flavors of
sunflower seeds is continuously expanding due to the growing number of
supermarkets and retail establishments around the world. Manufacturers are
emphasizing the availability of healthier products. The availability of a rich
source of fiber in sunflower seeds has resulted in a major increase in the
demand for animal feed products in livestock around the world.
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