What is the current market size and future outlook for the sunflower meal market?
The sunflower meal market size has grown strongly in recent years. It will grow from $6.43 billion in 2024 to $6.92 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increasing demand for animal feed, rise in plant-based proteins, growth in sunflower production, increasing adoption of sustainable agricultural practices, growth in livestock, and growth in organic farming practices.
The sunflower meal market size is expected to see strong growth in the next few years. It will grow to $9.18 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to increasing focus on animal health and nutrition, increasing investment in agriculture infrastructure, rising number of livestock farms, rising investment in sunflower meal research, and increasing imports of sunflower meal. Major trends in the forecast period include technological advancements, aquaculture feeds, genetic engineering, and alternative feed ingredients.
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How has the sunflower meal market evolved, and what factors have shaped its growth?
The growing demand for animal feed is expected to drive the growth of the sunflower meal market going forward. Animal feeds are formulated food products designed to meet the nutritional needs of livestock, poultry, and other domesticated animals to support growth, health, and productivity. The increasing global consumption of meat, dairy products, and eggs, rising livestock production, and the need for higher efficiency in animal farming drive the demand for animal feeds. Sunflower meal is used for animal feed to provide a high-protein, fiber-rich source of essential nutrients that support animal growth and health. For instance, in July 2024, according to the Department for Environment, Food, and Rural Affairs, a UK-based ministerial department, the total volume of animal feed increased by 5.9% from 29.3 million metric tons in 2022 to 31.1 million metric tons in 2023 due to a 24% increase in inter/intra farm sales. Therefore, the growing demand for animal feed is driving the growth of the sunflower meal market.
What are the major segments of the sunflower meal market?
The sunflower meal market covered in this report is segmented –
1) By Products: Sunflower Meal Pellets; Sunflower Meal Powder; Sunflower Meal Cakes
2) By Source: Decorticated Sunflower Seeds; Whole Sunflower Seeds
3) By Applications: Ruminants; Swine; Poultry; Other Applications
Subsegments:
1) By Sunflower Meal Pellets: Standard Sunflower Meal Pellets; Organic Sunflower Meal Pellets; High-Protein Sunflower Meal Pellets
2) By Sunflower Meal Powder: Conventional Sunflower Meal Powder; Organic Sunflower Meal Powder; Non-GMO Sunflower Meal Powder
3) By Sunflower Meal Cakes: Pressed Sunflower Meal Cakes; Expeller-Pressed Sunflower Meal Cakes; De-oiled Sunflower Meal Cakes
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Which companies dominate the sunflower meal market?
Major companies operating in the sunflower meal market are Glencore Agriculture Limited, Cargill Incorporated, Archer Daniels Midland Company, Wilmar International Limited, Louis Dreyfus Company B.V., Tereos Group, GrainCorp Limited, Kernel Holding S.A., Aston Corporation, Zenith Eclipse Company, COFCO Corporation, Sodrugestvo Group S.A., VIOIL Holding S.A., Volza S.A., Agrex Inc., Sunrise Foods International Limited, CMS Industries Inc., Allseeds Group, Olam International Limited, Prorich Agro Private Limited, Sunkraft Agro LLP, Optimus Agro Limited
What major trends will shape the sunflower meal market during the forecast period?
Major companies operating in the sunflower meal market are adopting a strategic partnership approach to support food security. Strategic partnerships involve companies utilizing each other’s strengths and resources to achieve shared benefits and success. For instance, in May 2024, The Asian Development Bank (ADB), a Philippines-based financial institution, partnered with Rupshi Seed Crushing Limited, a Bangladesh-based manufacturer of sunflower meal. This partnership will construct a greenfield, energy-efficient multi-oilseed crushing plant in the City Economic Zone of Narayanganj District, Bangladesh, replacing an older, less efficient facility. The new plant will save 1.3 million cubic meters of water, reduce fuel consumption by 1,000 tons, lower energy costs by 9 kilowatt-hours per ton, and cut greenhouse gas emissions by 1,723 tons annually while maintaining a production capacity of 3,000 metric tons of soybean seed crushing per day. It will also be able to process various oilseeds, such as soybean, canola, and sunflower, enhancing resilience to crop failures or price fluctuations. The new technology will also improve the quality of oilseeds and oilseed cakes, which are rich in protein and used for animal feed.
What are the key regional dynamics of the sunflower meal market, and which region leads in market share?
Asia-Pacific was the largest region in the sunflower meal market in 2024.Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the sunflower meal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Sunflower Meal Market Report 2025 Offer?
The sunflower meal market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Sunflower meal is a byproduct of sunflower oil extraction. After sunflower seeds are crushed and the oil is extracted, the remaining material is called sunflower meal. It’s typically used as a high-protein feed ingredient for livestock and poultry due to its rich protein content. Sunflower meal is used in human food products and as a component in specific industrial applications.
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