Sunflower Seeds Market By Segmentations, Key Company Profiles & Demand Forecasts

Posted by rohit on December 1st, 2021

Market Overview

The global sunflower seeds market was valued at US$ 31,668.1 Mn in 2020 and is expected to reach US$ 61,460.2 Mn by 2027, exhibiting a CAGR of 9.9% during the forecast period. Sunflower seeds are believed to aid in reducing the blood sugar levels and as a result, it has been used in various ready-to-eat products. In addition, sunflower seeds helps in reducing the bad cholesterol levels that further aids in reducing the risk of cardiovascular diseases such as coronary heart disease, etc.

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Market Dynamics

The sunflower seeds market growth has been affected by impact on the logistics during the pandemic. As March and April are the most critical months to sow spring crops such as sunflowers, the lockdown and transport restrictions has impacted the sunflower seeds market. However, the demand for seeds has not been affected as seeds come under \'essential\' category.

Key players are focusing on R&D activities to launch new and improved products, in order to strengthen their market presence in the global sunflower seeds market. In November 2016, the company partnered with Texas A&M AgriLife Research, to establish a seed technology research and development center at College Station, Texas, U.S., which will support all global research programs on plant breeding of crops such as sunflower, canola, wheat, rice, and other crops. The new R&D centre was inaugurated by Advanta Seeds in January, 2018.

Detailed Segmentation:

• Global Sunflower seeds market, By Seed Type:

  • Open Pollinated & Heirloom Seeds

    Hybrid Seeds

• Global Sunflower seeds market, By Region:

  • North America

    • U.S.

      • By Seed Type:

        • Open Pollinated & Heirloom Seeds

          Hybrid Seeds

• Key companies covered as a part of this study include Corteva, Inc., Groupe Limagrain, Kws Saat Se & Co. Kga, Takii Co. Ltd., Sakata Seed Corporation, Syngenta AG, BASF S.E., Advanta Seeds, Pannar (Pty) Ltd., Nuziveedu Seeds, and Hazera.

  
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