The Packaged Sunflower Seeds Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company’s comprehensive Packaged Sunflower Seeds Global Market Report for 2024, the packaged sunflower seeds market has exhibited robust growth in recent years. The market is poised to escalate from its 2023 valuation of $1.23 billion to a projected $1.33 billion in 2024, demonstrating a noteworthy compound annual growth rate (CAGR) of 8.2%. This growth trajectory in the historical period is attributable to escalating health consciousness, the burgeoning snacking culture, a diverse array of flavors and formats, the surge in vegan and plant-based trends, coupled with the allure of convenience, portability, strategic retail placement, and the pervasive influence of sports and fitness culture.
Anticipating a robust expansion, the packaged sunflower seeds market is forecasted to burgeon to $1.8 billion by 2028, exhibiting a commendable CAGR of 7.9%. This growth in the forecasted period is underpinned by a strategic emphasis on sustainable packaging, an expansive portfolio of flavor varieties, a targeted approach towards diverse consumer demographics, the pervasive influence of culinary trends, integration into meal kits and recipes, and the burgeoning appeal of functional food attributes. Key trends that will shape the market landscape include the rising demand for on-the-go snacking solutions, the seamless incorporation of evolving flavor trends, a steadfast commitment to clean label and natural product offerings, bespoke product positioning to cater to diverse consumer segments, the global embrace of diverse cuisines, and an increased focus on nut-free and allergen-free product offerings.
Growing consumer awareness of the numerous health benefits of sunflower seeds is expected to propel the growth of the packaged sunflower seeds market going forward. Sunflower seeds help to lower the risk of abnormal heartbeats, or arrhythmias, and triglyceride levels, slowing the growth rate of atherosclerotic plaque and reducing blood pressure. Consumers are increasingly opting for healthier alternatives and preferring healthier lifestyles; as a result, sunflower seeds are becoming more popular because they are high in vitamins, proteins, and minerals and can aid in the treatment of diseases such as cancer, asthma, and depression. For instance, in November 2021, according to the National Library of Medicine, a US-based provider that provides services in the medical and biomedical fields, sunflower seeds are high in nutrients with 33.85% protein, 65.42% lipids, and 18 minerals. Sunflower oilcake is higher in fiber (31.88% and 12.64% for pellets and cake, respectively) and proteins (20.15% and 21.60%) than seeds, with a balanced amino acid profile. The seeds are a good source of essential (6.63%) and non-essential (93.37%) amino acids (the total AA content in the sample is 5790.26 nmol/g). Therefore, growing consumer awareness of the numerous health benefits of sunflower seeds is driving the growth of packaged sunflower seeds.
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The packaged sunflower seeds market covered in this report is segmented –
1) By Product: Plain, Salted, Ranch Flavored, BBQ Flavored, Dill Pickle Flavored, Other Products
2) By Packaging: Pouches, Bottles, Jars
3) By Application: Hypermarkets And Supermarkets, Convenience Store, Online Store, Other Applications
Top 5 Major Players:
Notably, technological advancements emerge as the keystone trend, gaining prominence in the packaged sunflower seeds market. Leading companies in this domain are at the forefront of innovation, harnessing cutting-edge technologies such as hybrid seed varieties and leveraging blockchain and Internet of Things (IoT) solutions to streamline the procurement, processing, and distribution of packaged sunflower seeds. A case in point is the pioneering work of Tamil Nadu Agricultural University (TNAU), an India-based state agricultural institution. In January 2021, TNAU unveiled a high-yielding, disease-resistant hybrid sunflower variety tailored for rain-fed areas. Boasting a remarkable 42% oil content and a yield of 716 kg/ha, this hybrid variety outperforms traditional sunflower seed varieties by 200–250 kg, while also exhibiting resistance to prevalent crop diseases like necrosis and powdery mildew. This exemplifies the intersection of agricultural innovation and technology to propel the packaged sunflower seeds market into a new era of productivity and sustainability.
The packaged sunflower seeds market report table of contents includes:
1. Executive Summary
2. Packaged Sunflower Seeds Market Characteristics
3. Packaged Sunflower Seeds Market Trends And Strategies
4. Packaged Sunflower Seeds Market – Macro Economic Scenario
5. Global Packaged Sunflower Seeds Market Size and Growth
…..
31. Global Packaged Sunflower Seeds Market Competitive Benchmarking
32. Global Packaged Sunflower Seeds Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Packaged Sunflower Seeds Market
34. Packaged Sunflower Seeds Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Packaged Sunflower Seeds Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Packaged Sunflower Seeds Market, Segmentation By Packaging, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Packaged Sunflower Seeds Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Conagra Foodservice Inc. Financial Performance
Table 75: Frito-Lay North America Inc. Financial Performance
Table 76: The Kraft Heinz Company Financial Performance
Table 77: Sincerely Nuts Financial Performance
Table 78: Chinook Seedery Financial Performance
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